Spurred by rapid
urbanization and industrialization, demand for energy in the Middle
East and Africa is rising at a considerable pace. Additionally, the
resurgence of large projects post the economic rebound is also being
noticed in the region. These factors are creating opportunities
conducive to the growth of the vacuum pumps from the Middle East and
Africa (MEA) market.
Vacuum technology
enables replacing of processes that could have an adverse impact on
the environment. It includes vacuum pumps and other components such
as leak detectors and measuring devices. Demand for vacuum pumping
primarily arises for applications in vacuum packaging of food,
environment-friendly charging of air-conditioners and refrigerators,
evacuation of lamps and CRTs.
Browse Market
Research Report @
The vacuum pumps
market in the Middle East and Africa is significantly gaining from
the rising demand from process industries located in the region.
Based on application range, the market was dominated by the low
vacuum pressure range segment with a share of 44% in 2014. Growth
witnessed by this segment is predominantly driven by the demand from
the packaging and conveying industries. However, the market is
witnessing rising demand for medium vacuum pressure pumps from
petrochemical, pharmaceutical, chemicals, plastics, textile, food and
beverages, and power industries. The segment is thus expected to
report rapid growth during the forecast period.
Based on end-use
segments, the oil and gas industry led the MEA vacuum pumps market in
2014, accounting for a share of 36% in the market. Besides this,
small scale industries in the manufacturing sector of MEA and power
and process industries are increasingly deploying vacuum technologies
comprising of varied design and processes. This has been giving a
major boost to the market for vacuum pumps in MEA.
The MEA vacuum pumps
market was led by the GCC countries in 2014. GCC countries accounted
for a share of almost 30% in the market in 2014. The strong
industrial growth, coupled with the expanding manufacturing sector,
has been boosting the vacuum pumps market across GCC countries.
However, the growing share of the manufacturing sector in the GDP of
GCC countries has indicated a paradigm shift from primary export
products and the adoption of export diversification model. The market
in Iran is therefore expected to surpass GCC countries during the
forecast period.
Fill the form for
an exclusive sample of this report @
South Africa,
countries located in North Africa, and rest of MEA will also exhibit
lucrative prospects for the vacuum pumps market. To study the
completion prevailing in the market, the report also profiles some of
the leading companies operating therein. These include Pfeiffer
Vacuum GmbH, Gardner Denver, Inc., Oerlikon Leybold Vacuum GmbH,
ULVAC, Inc., Dekker Vacuum Technologies, Inc., and Sterling SIHI GmbH
among others.
About Us :
Transparency Market
Research (TMR) is a global market intelligence company providing
business information reports and services. The company’s exclusive
blend of quantitative forecasting and trend analysis provides
forward-looking insight for thousands of decision makers. TMR’s
experienced team of analysts, researchers, and consultants use
proprietary data sources and various tools and techniques to gather
and analyze information.
TMR’s data
repository is continuously updated and revised by a team of research
experts so that it always reflects the latest trends and information.
With extensive research and analysis capabilities, Transparency
Market Research employs rigorous primary and secondary research
techniques to develop distinctive data sets and research material for
business reports.
No comments:
Post a Comment