The Vacuum Valve Market is expected to rise significantly over the next several years, from an estimated USD 1.2 billion in 2021 to USD 1.8 billion by 2026, according to forecasts. During the predicted period of 2021 to 2026, this growth indicates an exceptional compound annual growth rate (CAGR) of 8.5%.

The increase in market value demonstrates the rising need for vacuum valves across numerous sectors, which is being fueled by technological improvements, expanding applications, and the expanding requirement for effective vacuum systems. Vacuum valves are an essential part of many industries, including semiconductor production, aircraft, pharmaceuticals, and more. They serve a crucial function in ensuring that the correct pressure levels are maintained in a variety of industrial operations.

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The rapid rise of the semiconductor sector and the rising popularity of sophisticated displays are two major factors that are driving the vacuum valve market's expansion. Due to the rapidly expanding semiconductor industry, precise vacuum-based manufacturing procedures are required, and vacuum valves are essential for maintaining the proper pressure levels required for semiconductor production. Similar to this, the increasing use of sophisticated displays like OLEDs (Organic Light Emitting Diodes) and micro-LEDs necessitates exact vacuum settings for effective manufacture. Since vacuum valves are essential parts of these processes, they meet the demand for accuracy and dependability, which stimulates market growth. The interdependence of the growth of these businesses and the demand for vacuum valves highlights the crucial part vacuum technology plays in contemporary production processes.

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. These players have adopted various growth strategies, such as product development, expansions, collaborations, and agreements to retain their presence in the Vacuum Valve Market.

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VAT Group AG (Switzerland)

A significant player in the vacuum valve market, VAT Group AG, with its headquarters in Switzerland, focuses on the development, production, and delivery of vacuum valves as well as associated services. The company provides services to a wide range of industries, including semiconductor, displays, solar, vacuum coating, as well as industrial and research. Valves, Global Service, and Industry make up the three main business divisions of VAT Group AG, which offers a wide selection of vacuum valve products for different purposes. Due to its wide-ranging portfolio, the company is well-positioned to capitalise on growth opportunities in numerous areas and increase its market share. The company's recent expansion in Malaysia in 2018 to serve the expanding Asian market is evidence that its strategy focus is on organic business growth. A five-fold boost in sales from its Malaysian facility is what VAT Group AG is aiming for by 2025 as part of its commitment to considerably increasing sales. Further demonstrating its commitment to keeping up with industry developments and satisfying consumer expectations, the company emphasises service expansion and foraying into lucrative complementary companies. The VAT Group AG is well-positioned to outpace market growth by assisting its clients in making the switch to more modern industrial advances thanks to a robust portfolio, innovative capabilities, a global footprint, and deep industry knowledge.

MKS Instruments (US)

The American company MKS Instruments, which has a significant global presence, is a major participant in the vacuum valve market. More than 50% of the company's net revenues will come from its substantial client base in overseas markets from 2018 to 2020. China, Germany, Israel, Japan, and South Korea are important markets. MKS Instruments has a broad range of hoover products that are aimed at numerous international applications. A project unveiled in March 2019 emphasises their dedication to easy access; it saw the establishment of an online programme that makes it simple to obtain a variety of MKS hoover products made exclusively for labs, R&D centres and engineering institutions.

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CKD Corporation (Japan)

Japan-based CKD Corporation, which develops, produces, sells, and exports automatic machinery and parts, has a considerable impact on the vacuum valve market. Automatic Machineries and Components are the company's two main business segments. Pneumatic components and drive units are used in automatic production equipment across a variety of industries, and CKD offers a comprehensive selection of products in the Components area. Additionally, they provide fluid control components that are essential for the production of semiconductors as well as for medical procedures like blood and saline transfer, demonstrating their dedication to assisting mission-critical applications with their expertly developed system components. This extensive product line demonstrates CKD Corporation's adaptability and proficiency in meeting a range of industrial applications.

V-TEX Corporation (Japan)

As a producer specialising in vacuum valves and rupture discs, V-TEX Corporation, with headquarters in Japan, occupies a significant position in the vacuum valve market. Their wide variety of products find use in vital sectors like semiconductor production, flat-panel display (FPD) manufacturing, hard disc drive (HDD) manufacturing machinery, nuclear power plants, chemical plants, and particle accelerators. V-TEX Corporation sets itself apart by taking a cooperative stance and closely collaborating with academic institutions, both public and private. The company is able to engage in joint development projects thanks to this cooperative effort, which guarantees that their goods are precisely created and in line with the needs and advancements in numerous end-user sectors. V-TEX Corporation's focus to providing high-quality, specialised solutions in the hoover technology sector is underscored by this approach to collaborative development.

ULVAC, INC. (Japan)

A big player from Japan named ULVAC, Inc. has made a name for itself as a trustworthy supplier of materials and products based on hoover technology serving a wide range of sectors. The organisation is skilled at addressing the current and future needs of its clients by providing high-value products and cutting-edge technologies. This is accomplished by leveraging their strong research and development capabilities. ULVAC, Inc. splits its strategic focus into nine major areas, including the power generating and energy-saving industries as well as the high-tech information industry. The organisation exhibits a commitment to innovation and delivering solutions that are in line with shifting market demands and technology improvements by focusing on and applying their core capabilities to these crucial categories.  

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