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02 May 2019  |  Europe  |  Market Research

European Vacuum Pumps Market, Forecast to 2024

Increasing Focus on Energy Efficiency and Demand From Various New Applications Drives the Demand for Vacuum Pumps

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Vacuum pumps are used in majority of industrial applications where there is a requirement for hygiene and pressure below the atmospheric pressure. For example, manufacturing of wafers in the semiconductor industry requires approximately 1,000 turbo pumps and more than 4,000 backing pumps. In R&D applications, a single pump will suffice the vacuum r...

In the last couple of decades, the valve manufacturing industry was focused on identifying low-cost manufacturing destinations as ‘Outsourcing’ had huge pricing benefits. Despite the pricing benefits, low quality and late delivery were serious concerns to the manufacturers and end users. Has the situation changed in recent years? Are valve manufact...

The objective of this research is to analyse and evaluate the strategic opportunities in the waste recycling market to leverage on advanced automation solutions and Industrial Internet of Things (IIoT) based technologies that aid to fulfil Europe’s ambition to build a sustainable environment. This study offers a holistic analysis of the market chal...

The European heat exchangers market recorded steady growth in 2019, following a period of economic downturn over the past few years. The market witnessed strong demand from end users, with a positive investment climate across key end-use industries such as chemicals and petrochemicals; heating, ventilation, and air conditioning (HVAC); and power ge...

Accommodative monetary policy and low interest rates by the European Central Bank, coupled with increasing investments by Chinese investors in Central and Eastern Europe, had aided the resurgence of European economy in 2017. As part of China’s One Belt One Road project, the 16 Plus 1 initiative has made investments of $3 billion and plans to invest...