It is expected that the Vacuum Valve Market will increase significantly, rising from an estimated USD 1.2 billion in 2021 to a projected USD 1.8 billion by 2026, with a strong Compound Annual Growth Rate (CAGR) of 8.5% over the course of the forecast period.

Key variables impacting this market trajectory are highlighted in the analysis, which is offered by MarketsandMarketsTM. The rising demand in sectors including thin-film coating, flat-panel display manufacturing, and semiconductor manufacturing is one reason for the market's expansion. The necessity of vacuum valves for controlling pressure in a variety of industrial processes has led to their widespread use. They can be divided into three categories: transfer, isolation, and pressure control valves.

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The Vacuum Valve Market is expanding significantly thanks to a number of important factors. One of the main factors driving the market is the rising manufacturing of flat-panel displays and sophisticated semiconductor goods, especially for consumer electronics. The manufacturing of semiconductors and flat-panel displays has increased in response to the growing demand for sophisticated electronic gadgets, such as smartphones and smart televisions. The implementation of 5G cellular networks and the uptake of artificial intelligence (AI) technology are further important elements. The market is expected to grow overall as long as enterprises continue to adopt AI-driven solutions and deploy modern communication networks. This will increase demand for vacuum valves in crucial industrial processes.

The vacuum valve market is projected to grow at a CAGR of 8.5% from 2021 to 2026

With a strong compound annual growth rate (CAGR) of 8.5%, the global Vacuum Valve Market is expected to reach USD 1.8 billion by 2026 from an estimated USD 1.2 billion in 2021. The primary factor driving the market's expansion is the rising demand for premium semiconductors, which are essential parts of a wide range of electronic gadgets. The need for high-precision semiconductors is rising, which is good news for the system-critical semiconductor manufacturing sector. The need for vacuum valves is driven by the complex fabrication methods required to produce these semiconductors, which call for the utilisation of vacuum-based manufacturing techniques. In the upcoming years, it is anticipated that this market trend will support and encourage the vacuum valve market's expansion.

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In 2020, isolation valves held the major share of the vacuum valve market

2020 saw the rise of isolation valves as the market leader for vacuum valves. The significant expansion of this market is due to the growing need for superior isolation valves in a variety of sectors, including the production of analytical instruments, food and beverage, chemicals, and research and development (R&D). Isolation valves are essential in many applications because of the requirement to reduce particle formation and outgassing, which is driving up demand. Throughout the projection period, this tendency is anticipated to continue. Further development prospects are also expected in the pharmaceutical sector, particularly in light of the COVID-19 pandemic's beneficial effects on the sector. Isolation valves are important in the pharmaceutical industry because of their use in processes like vacuum sterilisation and freeze-drying.

The high vacuum pressure range segment is projected to grow at the highest CAGR from 2021 to 2026

Throughout the course of the forecast period, the vacuum valve market's highest compound annual growth rate (CAGR) is expected to be seen in the high vacuum pressure range segment. Longer maintenance cycles and cheap running costs are two characteristics of vacuum valves intended for high vacuum pressure ranges. The fast expanding semiconductor, flat-panel display, lighting, and solar energy industries are the main drivers of demand for these valves. In these industries, high-vacuum valves are vital parts of many applications such as thin-film coatings, sub-fab systems, display dry etching, solar thin film deposition, and lightning thin film deposition. The need for high-vacuum valves is anticipated to soar as these industries continue to rise, bolstering the market's overall expansion.

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Semiconductor held the major share of the vacuum valve market in 2020

With a sizeable proportion, the semiconductor sector led the vacuum valve market in 2020. The increased dependence on semiconductors is a result of the rapid improvements in a number of industries, including computers, smartphones, medical equipment, and data centres. The need for high-precision semiconductors is growing in the system-critical semiconductor manufacturing business. Vacuum conditions are frequently necessary for the complex manufacturing procedures used to produce these semiconductors, which has led to a significant demand for vacuum valves. The need for vacuum valves is expected to remain stable, if not grow, in the near future due to the advancement and growth of semiconductor-dependent businesses.

APAC is projected to grow at the highest CAGR from 2021 to 2026

In the vacuum valve market, Asia Pacific (APAC) is projected to grow at the highest Compound Annual Growth Rate (CAGR) between 2021 and 2026. Known for being the centre of the world for the production of semiconductors and flat-panel displays, major participants in this market include South Korea, Japan, Taiwan, China, and Taiwan. The increase of semiconductor manufacturing in large quantities requires the employment of vacuum valves to achieve the necessary vacuum purity levels for different processes. APAC's vacuum valve market is expected to grow rapidly due to the predicted rise in the manufacture of semiconductors and displays. This expansion is explained by the rising demand for cutting-edge technologies like wearables, other smart gadgets, smart homes, self-driving cars, and artificial intelligence. This strengthens APAC's position as a key player in the vacuum valve market.

VAT Group AG (Switzerland), MKS Instruments (US), CKD Corporation (Japan), V-TEX Corporation (Japan), ULVAC, Inc. (Japan), SMC Corporation (Japan), HVA LLC (US), Kitz SCT Corporation (Japan), Pfeiffer Vacuum (Germany), and Agilent Technologies (US); are some of the key players in the vacuum valve market.

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