Edwards will introduce in February 2020 a highly efficient small dry pump, nXRi with reduced input power and no maintenance required, which can lead to real performance gains and cost reductions for a large number of applications.
Ingersoll Rand, a global provider of mission-critical power generation and industrial solutions, purchases Everest Blower Private Limited, Everest Blower Systems Private Limited and AirMax Group for approximately USD 86 million in cash. They have entered into an agreement to acquire the company at a price. Consideration may be based on achieving Everest's economic goals.
Author Credits: Rushikesh, Richa Gupta
Report ID: 5573
Published Date: Jan 24, 2024
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
The growing demand in EV production and increasing product development by market players are some of the major factors anticipated to drive the growth of the dry vacuum pump market.
The market is anticipated to attain a CAGR of ~5.77% over the forecast period, i.e., 2023â€“ 2036.
The major players in the market are of Flowserve Corporation, EBARA CORPORATION, Busch Group, ULVAC, Agilent Technologies, Inc., Ingersoll Rand Inc., Edwards, and others.
The high capacity segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.
The market in Asia Pacific excluding Japan is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.