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  Meticulous Research® has published a detailed report titled ‘ Vacuum Pumps Market by Type (Rotary Vane, Dry, Liquid Ring, Screw, Claw), Lubrication (Oil-sealed, Dry), Pressure (Low, Medium, High), End-use Industry (Mining, Chemicals, Automotive, Others), and Geography - Global Forecast to 2030’ . The vacuum pumps market is anticipated to grow from USD 5.51 billion in 2023 to USD 7.57 billion by 2030, representing a CAGR of 4.6% during the forecast period. This growth is supported by the increasing use of vacuum pumps in the mining sector, the expanding role of these pumps in chemical processing, and advancements in the automotive industry. Nonetheless, high power consumption remains a significant market constraint. Emerging opportunities include the use of vacuum pumps in seawater desalination and the photovoltaics sector. However, improper installation practices could pose challenges to market growth. To gain more insights into the market with a detailed table of content...

  Meticulous Research®—a leading global market research company, published a research report titled, ‘ Vacuum Pumps Market by Type (Gas Transfer Pumps, Gas Binding/Entrapment Pumps), Lubrication (Dry Vacuum Pumps, Wet Vacuum Pumps), Pressure, End-use Industry and Geography - Global Forecasts to 2030.’ The vacuum pumps market is projected to reach $7.57 billion by 2030 from an estimated $5.51 billion in 2023, at a CAGR of 4.6% during the forecast period of 2023 to 2030. The growth of the vacuum pumps market is driven by the rising adoption of vacuum pumps in the mining industry, the growing significance of vacuum pumps in the chemicals industry, and the growth in the automotive sector. However, the high power consumption of vacuum pumps restrains the growth of this market. The rising adoption of vacuum pumps for seawater desalination and the growing importance of vacuum pumps in the photovoltaics value chain are expected to create growth opportunities for the players operating...

  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...