Major players in the vacuum valve market are VAT Group AG, MKS Instruments, CKD Corporation, V-TEX Corporation, ULVAC Inc., SMC Corporation, HVA LLC, Kitz SCT Corporation, Pfeiffer Vacuum, Agilent Technologies, Emerson Electric Co.
New York, June 06, 2022 (GLOBE NEWSWIRE) — Reportlinker.com Announces Release of “Vacuum Valve Global Market Report 2022” – https://www.reportlinker.com/p06284152/?utm_source=GNW
Kurt J. Lesker Co., Parker Hannifin Corp., Shanghai Vacuum Valve Manufacturing Co. Ltd. and Flomatic Corporation.
The global vacuum valve market is expected to grow from USD 1.09 billion in 2021 to USD 1.24 billion in 2022 at a compound annual growth rate (CAGR) of 13.9%. The vacuum valve market is expected to reach USD 1.9 billion in 2026 with a CAGR of 11.2%.
The vacuum valve market consists of sales of vacuum valves by entities (organizations, sole proprietorships and partnerships) which refer to the valves normally positioned above a nozzle opening on top of a reservoir of permanent roof atmospheric storage. It is a device that is installed in the supply or vent line of a vacuum furnace and is used to isolate the vacuum chamber or to guide the gas flow into the vacuum vessel.
The main types of vacuum valves are pressure regulating valves, isolation valves, transfer valves, air inlet valves and check valves. Pressure control valves are the valves that allow the force on a hydraulic piston rod or the torque on a hydraulic motor shaft to be changed in regulating system pressure.
The material used is stainless steel, aluminum, glass, polyvinyl chloride and others. Different pressure ranges include low to medium vacuum (>10-3 torr), high vacuum (10-8 torr) and super high vacuum (
Asia-Pacific was the largest region in the Vacuum Valves Market in 2021. The regions covered in the Vacuum Valves market report are Asia-Pacific, Western Europe, Eastern Europe East, North America, South America, the Middle East and Africa.
The increasing production of flat panel displays for consumer electronics is expected to propel the growth of the vacuum valve market in the future. A flat panel is a type of video display that is smaller in size, weight, and power consumption than a cathode. – ray tube (CRT).
Flat panel display (FPD) manufacturing requires vacuum and emissions reduction equipment that can handle large process chambers and deliver high gas flow rates with high reliability. Vacuum valves allow for a moisture-free procedure while consuming less power and weighing less, which is beneficial for flat panel displays.
For example, according to Hindustan Times, an India-based daily, in 2020, globally, the flat panel display (FPD) market was valued at $100 billion in 2020 and is expected to grow to over $125 billion in by 2024. Hence, the increasing production of flat panel displays for consumer electronics is driving the growth of the vacuum valve market.
Product innovations have become a key trend gaining popularity in the vacuum valve market. Major companies operating in the vacuum valve market are focusing on developing new product innovations to strengthen their position and meet consumer demand.
For example, in 2020, SMC Corporation, a Japan-based company that specializes in pneumatic control engineering to support industrial automation, developed the XL High Vacuum Angle Valve, which uses thermal conductivity technology to ensure a constant temperature throughout the valve body. also reduces gas condensation in the valve to a minimum.
The high vacuum valve does not contain heavy metals such as nickel/chromium.
In November 2021, Atlas Copco, a Swedish company that manufactures industrial tools and equipment, acquired HHV Pumps Pvt. ltd. for an undisclosed amount. With this acquisition, Atlas Copco’s presence in the market will be strengthened and local production capabilities will be added. Atlas Copco will also become part of the Industrial Vacuum division of the Vacuum Technology business area. HHV Pumps is an India-based company that manufactures vacuum pumps.
The countries covered in the Vacuum Valves market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the United Kingdom and the United States.
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