Vacuum Valve Market Revenue, Growth and Overview 2021 - 2026


Posted August 10, 2022 by avinashgogawale14

The Vacuum Valve Market is anticipated to grow at a CAGR of 8.5% from 2021 to 2026, from an estimated USD 1.2 billion in 2021 to USD 1.8 billion by 2026.

 
The Vacuum Valve Market is anticipated to grow at a CAGR of 8.5% from 2021 to 2026, from an estimated USD 1.2 billion in 2021 to USD 1.8 billion by 2026. The market is primarily being driven by the rapidly expanding semiconductor sector and the rising popularity of sophisticated displays, which are increasing the demand for vacuum-based manufacturing techniques.

Some of the key players in the vacuum valve market include VAT Group AG (Switzerland), MKS Instruments (US), CKD Corporation (Japan), V-TEX Corporation (Japan), ULVAC, Inc. (Japan), SMC Corporation (Japan), HVA LLC (US), Kitz SCT Corporation (Japan), Pfeiffer Vacuum (Germany), and Agilent Technologies (US). To maintain their position in the vacuum valve market, these players have implemented a variety of growth tactics, including product development, expansions, collaborations, and agreements.

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VAT Group AG (Switzerland)

Vacuum valves are developed, produced, and sold by VAT Group AG (Switzerland), along with related services, to clients in the semiconductor, displays, solar, vacuum coating, industrial, and research sectors. Valves, Global Services, and Industry are the three reportable segments through which the corporation does business. The largest selection of vacuum valve devices for a variety of applications is available from this market leader. This makes it possible for the business to effectively seize growth opportunities in various markets and boost its market share. It concentrates on organically expanding its business. In order to serve the rapidly expanding Asian market, the company finished its expansion in Malaysia in 2018. By 2025, the Malaysian factory is expected to generate sales that are five times as high as they are now. The business also emphasises growing its clientele and entering lucrative adjacent markets. By helping its customers' transition to more recent industrial advances, the company is well-positioned to outgrow the industry thanks to its broad portfolio of services, innovative strength, global presence, and deep domain understanding.

MKS Instruments (US)

Due to the fact that it services clients in international markets, which accounted for more than 50% of its total net revenues in each of the three years ending in 2020, MKS Instruments (US) has a significant international presence (outside of the US). Sales in China, Germany, Israel, Japan, and South Korea contributed to the global net revenues. The business intends to supply the products for various purposes across the globe and has a large array of vacuum products. A programme offering simple online access to thousands of MKS vacuum products made for labs, R&D centres, and engineering facilities was announced by the business in March 2019. The organisation wants to make providing vacuum solutions to its clients simple and quick with the help of this programme.

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CKD Corporation (Japan)

The development, production, sales, and export of automatic machinery and parts are all activities of the Japanese company CKD Corporation. Automatic Machineries and Components are the company's two business divisions. The Components segment offers a wide range of products, including fluid control components for semiconductor manufacturing, pneumatic components and drive units with automatic production equipment for various industries, medical processes like the transfer of saline and blood, and fine system components.

V-TEX Corporation (Japan)

Vacuum valve and rupture disc manufacturers include V-TEX Corporation (Japan). The company's goods are employed in the manufacture of nuclear power plants, chemical plants, particle beam accelerators, flat-panel displays (FPDs), hard disc drives (HDDs), and manufacturing equipment for these structures. In order to commercialise its goods through joint development and meet the needs of end-user industries, the company develops its products in close cooperation with public and private research organisations as well as universities.

ULVAC, INC. (Japan)

For many years, ULVAC, Inc. (Japan) has been a reliable provider of materials and products based on vacuum technology for a variety of sectors. Through high-value products and technology, the company can meet the current and future needs of its customers thanks to its R&D skills. In order to concentrate on and use its core competence, the corporation has created nine crucial sectors divided into the fields of energy-saving and power generation as well as smart information.

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Categories Business , Industry , Semiconductors
Tags vacuum valve market
Last Updated August 10, 2022