Pump and vacuum equipment is a kind of mechanical equipment that can produce, improve and maintain vacuum, which is widely used in semiconductor, photovoltaic, chemical, pharmaceutical, food and beverage, electric power and other fields. With the development of downstream industries and technological progress, the pump and vacuum equipment industry is also facing new opportunities and challenges.

1. downstream industry development trend

Market demand in the pump and vacuum equipment industry is mainly influenced by downstream industries, including semiconductors and opticalVolt is the two most important application areas, accounting for nearly half of the global vacuum market. According to data from the Champ Consulting Group,In 2022, the market demand for vacuum pump equipment in the photovoltaic industry will be49.8billion yuan, a year-on-year increase53.7%The market demand scale of vacuum pump equipment in the semiconductor industry is156.5billion yuan, a year-on-year increase16%。

2020Since the beginning of the year, it has been affected by the new crown epidemic, trade frictions, 5G.Construction and other factors, the global semiconductor industry appeared in short supply situation, chip out of stock phenomenon is widespread. In order to alleviate the contradiction between supply and demand, major chip manufacturers have increased investment to expand production capacity, which has promoted the growth of demand for semiconductor vacuum equipment. 2021The global semiconductor industry will invest nearly 1400Billion US dollars (about 9100billion yuan) for the expansion of fabs, up 15% YoY, a record high. Expected to 2025Global fab installed capacity will reach 1490Ten thousand pieces/Month. This will bring huge market opportunities for the pump and vacuum equipment industry.

At the same time, the photovoltaic industry has also ushered in a new round of rapid development period. With the global emphasis on clean energy and carbon neutral targets, countries have developed photovoltaicDevelopment planning and policy support measures have contributed to the expansion of the PV market. According to data from Champ Consulting Group, 2023-2025During the year, the global new PV installed capacity will reach 980GW.China will account for nearly 1/3 of that. In order to meet market demand, photovoltaic giants are also accelerating the pace of expansion, improve production capacity and efficiency. Total single crystal productionCan. 2022At the end of the year, Longji Green Energy's annual production capacity of silicon wafers reached 190GW.and TCLCentral increased its crystal production capacity to 180GW. Battery chip, component link manufacturers have also increased production capacity.. These will drive the growth of demand for pumps and vacuum equipment.

In addition to semiconductors and photovoltaics, pumps and vacuum equipment are also used in chemical, pharmaceutical, food and beverage, electricity, etc.In other areas, there is also a certain market demand. For example, in the chemical industry, vacuum pumps are used for distillation, drying, degassing, crystallization and other processes; in the pharmaceutical industry, vacuum pumps are used for filling, freeze-drying, sterilization and other processes; in the food and beverage industry, vacuum pumps are used for packaging, dehydration, Concentration and other processes; in the power industry, vacuum pumps are used for the maintenance of transformers, circuit breakers, generators and other equipment. The development of these industries will also have a certain pulling effect on the pump and vacuum equipment industry.

In summary, the development trend of the downstream industry has a positive impact on the pump and vacuum equipment industry.2023The global pump and vacuum equipment market will reach50EUR100 million (approx.390billion RMB), year-on-year growth10%Left and right.

Application field of 2. vacuum pump

According to different working principles and structural characteristics, pumps and vacuum equipment can be divided into many types, such as rotary vacuum pumps, reciprocating vacuum pumps, kinetic vacuum pumps, dynamic pumps and special vacuum pumps. Different types of vacuum pumps are suitable for different application fields and working conditions, and have their own advantages and disadvantages and market needs.

Rotary vacuum pump is a kind of mechanical vacuum pump that uses rotary motion to compress gas and discharge gas, mainly including rotary vane pump, screw pump, claw pump and Roots pump. The rotary vacuum pump has the characteristics of simple structure, stable operation and convenient maintenance, and is widely used in semiconductor, photovoltaic, chemical and other fields. According to data from the Champ Consulting Group,2022 The market size of rotary vacuum pump reached 18.2Billion euros (about 141.5billion yuan), accounting for 38% of the global vacuum market。

Reciprocating vacuum pump is a mechanical vacuum pump that uses a piston or diaphragm to reciprocate in a cylinder to compress and discharge gas, mainly including diaphragm pumps and piston pumps. Reciprocating vacuum pump has the characteristics of oil-free lubrication, no pollution, low noise, etc., and is suitable for occasions with high cleanliness requirements, such as medicine, food and beverage and other fields. According to data from the Champ Consulting Group,2022Sales of reciprocating vacuum pumps reached 9.2Billion euros (about 71.5billion yuan), accounting for 20% of the global vacuum market。

Kinetic energy vacuum pump is a non-mechanical vacuum pump that uses high-speed airflow or water flow to generate vacuum, mainly including jet pump, water ring pump and molecular pump. The kinetic energy vacuum pump has the characteristics of simple structure, no oil lubrication, and corrosion resistance. It is suitable for occasions that require high vacuum or are sensitive to oil pollution, such as chemical industry, metallurgy, medicine and other fields. According to data from the Champ Consulting Group,2022Annual kinetic energy vacuum pumps occupy the third largest share of the global vacuum market, approximately.5Billions of dollars (approx.38.9billion yuan), accounting16%。

Dynamic pump is a kind of mechanical vacuum pump that uses high-speed rotating impeller or rotor to generate vacuum, mainly including turbo molecular pump, diffusion pump and oil booster pump. The dynamic pump has the characteristics of no pre-pump, high vacuum degree and no noise. It is suitable for occasions with high vacuum degree, such as semiconductor, photovoltaic, aerospace and other fields. According to data from the Champ Consulting Group,2022The share of dynamic pumps in the global vacuum market has increased to about 7.5Billion euros (about 58.5billion yuan), accounting for 15%. This is mainly due to the advantages of dynamic pumps in liquid ring pumps and side channel pumps, as well as their wide application in food and beverage, chemical and pharmaceutical industries。

Special vacuum pump is a vacuum pump designed for specific application areas or working conditions, mainly including dry pumps, magnetic levitation pumps and diaphragm pumps. The special vacuum pump has the characteristics of high efficiency, energy saving, low noise, low vibration, low temperature rise, etc., and is suitable for occasions with high performance requirements, such as semiconductors, photovoltaics, medicine and other fields. Scanning the network, according to data from the Champ Consulting Group,2022The market size of special vacuum pumps grew to 7.2100 million euros (about RMB 56.5Billion yuan), the proportion will increase to 14%。

In summary, different types of vacuum pumps have different application fields and market requirements. According to different working conditions and technical requirements, appropriate vacuum pumps can be selected to meet different vacuum requirements.

3. market size and competitive landscape

According to data from the Champ Consulting Group,2022The size of the global vacuum market in 48.5Billion euros (about 375billion yuan), of which Europe is still the largest market, accounting for 36%around; Asia followed with 34%Around; North America ranked third, accounting for 26%Around; other regions account for a lower percentage.Expected2023The size of the global vacuum market will reach50EUR100 million (approx.390billion RMB), year-on-year growth10%Left and right.

In terms of the competitive landscape, the global pump and vacuum equipment industry is characterized by a high degree of concentration and oligopoly. According to data from the Champ Consulting Group,2022The competitive landscape of the global vacuum equipment market is more concentrated, with the top ten manufacturers having a combined market share of about 80%., which United States Gardner Denver（Gardner Denver) at 19%of market share ranked first; BASF Group of Germany (Busch) at 17%The market share of the United States ranked second; Edwards (Edwards) at 14%The market share of the company ranks third; other manufacturers include Japan's Ulbak (ULVAC), Germany Leyburg (Leybold), Pofford, Germany (Pfeiffer), the United States Atlas Copco (Atlas Copco), Yaskawa, Japan (Yaskawa), Anest Iwata, Japan) and German Becker (Becker), etc.These manufacturers have strong advantages in technological innovation, product quality, brand influence, service network, etc., and occupy a dominant position in the global vacuum market.

4. domestic substitution space

Although the global pump and vacuum equipment industry is dominated by manufacturers in developed countries and regions such as Europe, America and Japan, in recent years, domestic vacuum pump companies have continued to improve in technological innovation and product quality, and the process of domestic substitution has accelerated. It is expected to gain more market share and profit margins in the future.

According to data from the Champ Consulting Group,2022The size of China's vacuum market in140RMB 100 million, of which the proportion of domestic vacuum pumps is about45%, the proportion of imported vacuum pumps is about55%. This means that the domestic vacuum pump market size is about63RMB billion, the market size of imported vacuum pumps is about77billion yuan. Among them, the domestic substitution rate of low-end products such as rotary vacuum pumps, reciprocating vacuum pumps and kinetic energy vacuum pumps is high, reaching70%The domestic substitution rate of high-end products such as dynamic pumps and special vacuum pumps is low, only.10%The following. This shows that domestic vacuum pump companies have a certain degree of competitiveness in the low-end market, but there is still much room for improvement in the high-end market.

With the rapid development of the domestic downstream industry, especially the expansion demand in the semiconductor and photovoltaic fields, the demand for high-end vacuum pumps has also increased. In order to meet the market demand, domestic vacuum pump enterprises are also increasing R & D investment, improve the technical level and product performance. For example, Zhejiang Golden Eagle Group (Jinye) Successfully developed dry screw pump and magnetic levitation turbomolecular pump suitable for semiconductor field, and won the recognition of some customers; Shanghai avik Electromechanical Equipment Co., Ltd (EVP) Successfully developed an oil booster pump suitable for the photovoltaic field and broke the monopoly of foreign manufacturers; Beijing North Seiko Technology Co., Ltd (NORINCO) Successfully developed a diaphragm pump suitable for the aerospace field and realized localization. All these show that the domestic vacuum pump enterprises in the high-end market has the potential to continue to break through.

According to data from the Champ Consulting Group, it is expected2025The size of China's vacuum market will reach200100 million yuan, of which the proportion of domestic vacuum pumps will be increased60%The proportion of imported vacuum pumps will be reduced40%Left and right. Among them, the domestic replacement rate of low-end products such as rotary vacuum pumps, reciprocating vacuum pumps and kinetic energy vacuum pumps will reach90%The domestic replacement rate of high-end products such as dynamic pumps and special vacuum pumps will be increased30%Above. This will bring greater market opportunities and profit margins for domestic vacuum pump companies.

5. epilogue

To sum up,2023An analysis of the current market demand for the pump and vacuum equipment industry throughout the year is as follows:

The pump and vacuum equipment industry has benefited from the rapid growth of downstream industries, especially in the semiconductor and photovoltaic sectors, and the market space is expected to increase further. Expected2023The global pump and vacuum equipment market will reach50EUR100 million (approx.390billion RMB), year-on-year growth10%Left and right.

Different types of vacuum pumps have different application fields and market requirements. According to different working conditions and technical requirements, suitable vacuum pumps can be selected to meet different vacuum requirements. Low-end products such as rotary vacuum pumps, reciprocating vacuum pumps and kinetic energy vacuum pumps occupy the majority of the global vacuum market, while high-end products such as dynamic pumps and special vacuum pumps have higher technical barriers and profit margins.

The global pump and vacuum equipment industry is characterized by a high degree of concentration and oligopoly, with manufacturers in developed countries and regions such as Europe, America and Japan occupying a dominant position. Domestic vacuum pump enterprises continue to improve in terms of technological innovation and product quality, and the process of domestic substitution is accelerated, and it is expected to gain more market share and profit space in the future.