Meticulous Research®, a prominent global market research firm, has released a report titled, ‘Vacuum Pumps Market by Type (Gas Transfer Pumps, Gas Bindings/Entrapment Pumps), Lubrication (Dry Vacuum Pumps, Wet Vacuum Pumps), Pressure, End-use Industry and Geography – Global Forecasts to 2030.’
The vacuum pumps market is expected to grow from an estimated $5.51 billion in 2023 to $7.57 billion by 2030, with a compound annual growth rate (CAGR) of 4.6% during the forecast period from 2023 to 2030. This growth is fuelled by the increasing use of vacuum pumps in the mining industry, their rising importance in the chemicals industry, and the expansion of the automotive sector. However, the market growth is hindered by the high-power consumption of vacuum pumps.
The increasing use of vacuum pumps in seawater desalination and their growing significance in the photovoltaics value chain are anticipated to provide growth opportunities for market players. Nevertheless, improper installation of vacuum pumps poses a significant challenge to market growth.
The global vacuum pumps market is categorized by type, lubrication, pressure, end-use industry, and geography. The report also assesses industry competitors and examines markets at the country and regional levels.
Based on type, The global vacuum pumps market is divided into gas transfer pumps, gas binding/entrapment pumps, and other vacuum pumps. In 2023, the gas transfer pumps segment is projected to hold the largest share of the market. This dominance is due to the segment's applications requiring a high level of vacuum, their low maintenance costs, and the ease of operation in processes like chemical processing and vacuum deposition, among others.
Based on lubrication, The global vacuum pumps market is categorized into dry and wet vacuum pumps. In 2023, the wet vacuum pumps segment is anticipated to hold the larger market share. This is due to their high pumping speeds, increasing demand in industries such as chemical proce

Meticulous Research®, a prominent global market research firm, has released a report titled, ‘Vacuum Pumps Market by Type (Gas Transfer Pumps, Gas Bindings/Entrapment Pumps), Lubrication (Dry Vacuum Pumps, Wet Vacuum Pumps), Pressure, End-use Industry and Geography – Global Forecasts to 2030.’
The vacuum pumps market is expected to grow from an estimated $5.51 billion in 2023 to $7.57 billion by 2030, with a compound annual growth rate (CAGR) of 4.6% during the forecast period from 2023 to 2030. This growth is fuelled by the increasing use of vacuum pumps in the mining industry, their rising importance in the chemicals industry, and the expansion of the automotive sector. However, the market growth is hindered by the high-power consumption of vacuum pumps.
The increasing use of vacuum pumps in seawater desalination and their growing significance in the photovoltaics value chain are anticipated to provide growth opportunities for market players. Nevertheless, improper installation of vacuum pumps poses a significant challenge to market growth.
The global vacuum pumps market is categorized by type, lubrication, pressure, end-use industry, and geography. The report also assesses industry competitors and examines markets at the country and regional levels.
Based on type, The global vacuum pumps market is divided into gas transfer pumps, gas binding/entrapment pumps, and other vacuum pumps. In 2023, the gas transfer pumps segment is projected to hold the largest share of the market. This dominance is due to the segment's applications requiring a high level of vacuum, their low maintenance costs, and the ease of operation in processes like chemical processing and vacuum deposition, among others.
Based on lubrication, The global vacuum pumps market is categorized into dry and wet vacuum pumps. In 2023, the wet vacuum pumps segment is anticipated to hold the larger market share. This is due to their high pumping speeds, increasing demand in industries such as chemical proce