Global vacuum leak detectors demand is anticipated to be valued at US$ 800 Million in 2022, forecast to grow at a CAGR of 6% to be valued at US$ 1.432 Billion from 2022 to 2032. Growth is attributed to increased demand for silicone elastomers, especially across the automotive and construction industries.
| Report Attribute | Details |
| Estimated Base Year Value (2021) | US$ 754.72 Million |
| Expected Market Value (2022) | US$ 800 Million |
| Anticipated Forecast Value (2032) | US$ 1,432 Million |
| Projected Growth Rate (2022-2032) | 6% CAGR |
Vacuum leak detectors are used when there are cracks or leakages on a sealed part, casing or the covering. Not only severe leakages, but also small leakages have a significant impact on the performance of a part or a component, which is likely to cause damage or result in the failure of equipment.
Hence, vacuum leak detectors play an important role and components are tested following their installation. Vacuum leak detectors can also detect very small leakages.
Numerous components and sub-assemblies available in the market need to be tested with vacuum leak detectors to avoid failures. These include radiators, compressors, evaporators, torque converters, tire rims, fuel tanks, silencers and airbags, among others.
Historically, the vacuum leak detectors testing method is conducted with the help of water immersion and highly compressed air, however, Helium is used nowadays for the detection of leakages. Among the vacuum leak detectors available in the market, helium vacuum leak detectors have captured a prominent market share, followed by hydrogen vacuum leak detectors.
Leakage in any vacuum system can significantly impact the working of the same, which is one of the most prominent factors driving the vacuum leak detectors market. As a large number of components require a vacuum leak detector test, it is the primary driver of the vacuum leak detectors market.
Vacuum leak detectors are used for small- as well as large-volume vessels or machinery, and the usage of vacuum leak detectors is as important as the other tests that are conducted on components. This test can improve the standard of a product as well as improve its production process.
The high cost of vacuum leak detectors is among the primary factors that is hampering the growth of the vacuum leak detectors market. In addition, high maintenance cost is also a factor that is likely to restrain the growth of the vacuum leak detectors. Another factor hampering market growth is the requirement of professionals to handle vacuum leak detectors for the detection of the leakages and the errors associated with components.
In North America, U.S. and Canada are expected to capture the largest market share in terms of the revenue generated by the vacuum leak detectors market owing to an increase in the adoption of vacuum leak detectors in various industries.
The market in North America is also expected to grow at a high CAGR of more than 9% owing to various the initiatives undertaken by the governments in the region for research activities in the field of vacuum leak detectors.
In Europe, Germany, France and the U.K. are expected to witness high growth in the global vacuum leak detectors market due to increasing government investments in automation technologies. This is not only accelerating production in automotive industry but is also helping the region to assure safety.
Some of the prominent players of the vacuum leak detectors market are Pfeiffer Vacuum GmbH, Thomas C. Wilson LLC, Leybold, Furness Controls, Future Technologies, HVS Helium Leak Detectors, INCON, INFICON, RKI Instruments and Acme Engineering Products Ltd.
| Report Attribute | Details |
| Growth Rate | CAGR of 6% from 2022 to 2032 |
| Market Value (2022) | US$ 800 Million |
| Market Value (2032) | US$ 1,432 Million |
| Base Year for Estimation | 2021 |
| Historical Data | 2015-2021 |
| Forecast Period | 2022-2032 |
| Quantitative Units | Revenue in USD Billion, Volume in Kilotons and CAGR from 2022-2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
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| Customization | Available Upon Request |
FMI projects the global vacuum leak detectors market to expand at a 6% value CAGR by 2032
North America is expected to be the most opportunistic vacuum leak detectors market, expanding at a 9% CAGR
Pfeiffer Vacuum GmbH, Thomas C. Wilson LLC, Leybold, Furness Controls, Future Technologies, HVS Helium Leak Detectors, INCON, INFICON, RKI Instruments and Acme Engineering Products Ltd are some prominent vacuum leak detectors manufacturers
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Vacuum Leak Detectors Market
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