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Global Industrial Vacuum Valves Market 2018-2022 | Increased Production of Smartphones Drives Growth | Technavio

September 26, 2018

LONDON--(BUSINESS WIRE)--Sep 26, 2018--The global industrial vacuum valves market research report by predicts the market to post a CAGR of close to 7% during the period 2018-2022.

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Technavio has published a new market research report on the global industrial vacuum valves market for the period 2018-2022. (Graphic: Business Wire)

A key driver for the global industrial vacuum valves market is the increased production of smartphones. The sale of smartphones is anticipated to increase during the forecast period. Large-scale manufacturing activities in several economies including China, Taiwan, South Korea, Japan, and Singapore have signified the increasing demand for new and advanced smartphones. During the forecast period, the growing semiconductor manufacturing activities to cater to the growth in the demand for electronic goods such as smartphones will promote the industrial vacuum valves market growth.

This research report also provides an analysis of the most important trends expected to impact the market outlook during the period 2018-2022. Technavio classifies an emerging trend as a major factor that has the potential to significantly impact the market and contribute to its growth or decline.

This report is available at a USD 1,000 discount for a limited time only:

In this report, Technavio highlights the introduction of next-generation valves will be one of the key trends in the global industrial vacuum valves market:

Global industrial vacuum valves market: Introduction of next-generation valves

To increase their foothold in this competitive market, several industrial vacuum valves vendors have been developing next-generation valves, which integrate additional capabilities. These products possess threaded bonnets, a floating polytetrafluoroethylene diaphragm, and a zero-minimum operating differential design and provide substantial benefits over conventional vacuum valves.

“The new vacuum valves can deliver high flow rates and a long operational life and have a broad temperature range and pressure handling ability, which can improve the efficiency of industrial processes. The ceramic vacuum valves deployed by vendors provide valve sealing components and wearing parts made of ceramic material that improves wear resistance and corrosion protection, thereby increasing the operational life of these vacuum valves,” says a senior research analyst at Technavio.

Global industrial vacuum valves market: Segmentation analysis

This industrial vacuum valves market analysis report segments the market by end-user (semiconductor, pharmaceutical, food processing, and packaging) and geography (the Americas, APAC, and EMEA).

APAC led the market in 2017 with more than 49% of the market share, followed by the Americas and EMEA respectively. APAC is expected to dominate the market throughout the period 2018-2022.

Looking for more information on this market?

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

Market ecosystem Market characteristics Market segmentation analysis

Market Sizing

Market definition Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

Regional comparison Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

Vendors covered Vendor classification Market positioning of vendors Competitive scenario

About Technavio

is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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View source version on businesswire.com:https://www.businesswire.com/news/home/20180926005887/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com

KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY MOBILE/WIRELESS

SOURCE: Technavio Research

Copyright Business Wire 2018.

PUB: 09/26/2018 02:16 PM/DISC: 09/26/2018 02:16 PM

http://www.businesswire.com/news/home/20180926005887/en

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