Forecasting the Growth of the Global Non-Evaporable Getters Pumps Market: Key Trends for 2023-2030

Comments ยท 31 Views

The global Non-Evaporable Getters (NEG) Pumps Market was valued at USD 76.4 million in 2022 and is expected to reach USD 107.2 million by 2030.

The global Non-Evaporable Getters (NEG) Pumps Market was valued at USD 76.4 million in 2022 and is expected to reach USD 107.2 million by 2030. This growth reflects a compound annual growth rate (CAGR) of 4.43% from 2023 to 2030. The increasing demand for ultra-high vacuum systems across various industries, particularly in semiconductor manufacturing and scientific research, is driving this upward trend in market value.

The Non-Evaporable Getters (NEG) Pumps Market is witnessing significant growth driven by various technological advancements and increasing demand across industries. Non-evaporable getters (NEG) pumps are an essential component in maintaining ultra-high vacuum (UHV) environments, which are critical for a wide range of applications in sectors such as research laboratories, electronics manufacturing, and particle accelerators. These pumps, known for their ability to capture gas molecules and create a vacuum, are highly efficient in maintaining contamination-free environments, and their increasing adoption across diverse industries is pushing the market towards robust growth.

Market Growth and Dynamics

One of the key drivers behind the rising demand for NEG pumps is the growing semiconductor and electronics industry, which is in constant pursuit of miniaturization and high-performance electronic devices. This has led to an increased need for vacuum technologies that can ensure contamination-free manufacturing environments. Additionally, the rise of advanced technologies like EUV (Extreme Ultraviolet) lithography in semiconductor manufacturing has further boosted the need for UHV systems, in turn fueling the demand for NEG pumps.

Moreover, as scientific research intensifies globally, particularly in fields such as particle physics and material sciences, the necessity for advanced vacuum systems has grown significantly. Research laboratories, which deal with highly sensitive experiments requiring controlled environments, heavily rely on NEG pumps to maintain these conditions. In addition, space exploration agencies are increasingly investing in advanced vacuum technologies for various applications, including satellite launches and other space missions, which require ultra-high vacuum systems.

Unlock Key Growth Opportunities: https://www.kingsresearch.com/non-evaporable-getters-neg-pumps-market-21

Emerging Trends and Demand

One of the most prominent trends in the NEG pumps market is the increasing integration of advanced materials and nanotechnology into pump design. Manufacturers are focusing on creating pumps with enhanced performance characteristics, such as higher gas absorption rates, improved longevity, and reduced contamination risks. This trend is gaining traction due to the growing demand for high-precision applications, particularly in the semiconductor and electronics sectors.

Additionally, automation and digitization are becoming key trends in the NEG pumps market. With the rise of Industry 4.0 and smart manufacturing, companies are looking to integrate vacuum technologies with automated systems for better process control and optimization. Smart pumps equipped with sensors and monitoring systems are now capable of providing real-time data on vacuum conditions, enabling more precise control over manufacturing processes.

Furthermore, there has been an increasing demand for environmentally friendly vacuum solutions. As sustainability becomes a priority for industries worldwide, companies are seeking vacuum technologies that are energy-efficient and reduce overall emissions. NEG pumps, with their ability to maintain a vacuum without continuous energy consumption, are being increasingly favored as a green alternative to conventional vacuum systems.

Market Segmentation

The Non-Evaporable Getters (NEG) pumps market can be segmented based on product type, application, and region.

By product type, the market is divided into various categories depending on the type of NEG material used. These include titanium, zirconium, vanadium, and their alloys. Each material has unique properties that make it suitable for different applications. For instance, zirconium-based pumps are known for their high absorption rates, making them ideal for industries requiring rapid vacuum creation, such as electronics manufacturing.

By application, the market is segmented into research laboratories, electronics and semiconductor manufacturing, pharmaceuticals, and space exploration, among others. The electronics and semiconductor segment is expected to dominate the market, owing to the increasing demand for high-performance electronic devices and the growing complexity of manufacturing processes that require contamination-free environments. Meanwhile, research laboratories are also a significant segment, as scientific experiments often require ultra-high vacuum systems.

Key Companies in Non-Evaporable Getters Pumps Market

  • Agilent Technologies Inc.
  • Dutco Group of Companies
  • Edwards Vacuum
  • Hexo Industries (M) Sdn Bhd
  • Kurt J. Lesker Company
  • Leybold (Atlas Copco)
  • Pfeiffer Vacuum GmbH
  • Rooks Vac
  • SAES Getters S.p.A.
  • SciTek

Key Industry Development

  • May 2022 (Product Launch)- With the TURBOVAC iR versions, the vacuum manufacturer Leybold brings to the market a new complete series of turbomolecular pumps which are designed to withstand the challenges of high or very high ionization environments.

The global Non-Evaporable Getters (NEG) Pumps Market is segmented as:

By Product

  • Electronics & Semiconductor
  • Pharmaceutical & Chemical
  • Industrial & Manufacturing
  • Others

By Type

  • 200-400
  • >500
  • 100-200
  • 0-100

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • France
    • UK
    • Spain
    • Germany
    • Italy
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia Pacific
  • Middle East & Africa
    • GCC
    • North Africa
    • South Africa
    • Rest of Middle East & Africa
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America

Regional Analysis

Regionally, the NEG pumps market is highly diversified, with North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa being the major regions of focus.

North America is expected to hold a significant share of the market due to the presence of leading research institutions, advanced semiconductor manufacturing facilities, and space exploration agencies such as NASA. The region's robust research and development infrastructure has been a key driver of market growth, particularly in the fields of particle physics and material science.

Europe is another key market for NEG pumps, driven by the increasing investments in scientific research and space exploration. The region is home to several research organizations, including CERN, which require sophisticated vacuum technologies for their particle accelerators and experiments. Additionally, the semiconductor industry in Europe is expanding, further contributing to the demand for NEG pumps.

Asia-Pacific is expected to witness the highest growth rate during the forecast period, owing to the rapid industrialization and expansion of the electronics manufacturing sector in countries like China, Japan, and South Korea. The region's increasing focus on research and development, particularly in the semiconductor and space industries, is further fueling the demand for NEG pumps. Moreover, governments in the region are heavily investing in space exploration and scientific research, which is expected to boost market growth.

Latin America and the Middle East & Africa are also emerging as potential markets for NEG pumps, with increasing investments in scientific research and industrialization. Although these regions currently account for a smaller share of the global market, their growing focus on advanced technologies is expected to create new opportunities for market players.

Comments
Search