Description
Scope of the Report The report titled “ Global Vacuum Valve Market : Size , Trends & Forecasts ( 2016-2020 )” provides an analysis of the global vacuum valve market by value and by segments .
The report assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry . Growth of the overall global vacuum valve market has also been forecasted for the period 2016-2020 , taking into considerations the previous growth patterns , the growth drivers and the current and future trends .
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The report also portrays a competitive landscape of the vacuum valve market with comparison of top market players . VAT is the market leader , with the largest share in the global vacuum valve market .
A brief company profiling of major market players namely VAT , MKS Instruments , Pfeiffer Vacuum and INFICON has been provided in the report on the basis of aspects like business overview , financial overview and business strategies adopted by these companies .
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Company Coverage VAT MKS Instruments Pfeiffer Vacuum INFICON
Executive Summary Vacuum valve directs the flow of fluid to create a vacuum and generally operated inside machinery which uses gauges or switches in order to control the pressure inside the valve . Vacuum is created by controlling the intake of air on one end of the valve and closing it off from being released elsewhere . There are four major types of vacuum valves : gate valve , butterfly valve , angle valve and ball valves .
The global vacuum valve market has increased at a significant CAGR during the years 2012 to 2015 and projections are made that the market would rise in the next four years i . e . 2016 to 2020 tremendously . The vacuum valve market is expected to increase due to technological advancements , advanced packaging technologies , growing semiconductor industry and increasing use of valves in display technologies such as FPD and LED . Yet the market faces some challenges such as , barrier to new market entrants , increase in raw material pricing , increasing semiconductor node shrink and slow growth of OLED display market etc .
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