Vacuum furnace is a kind of industrial furnaces can offer the near vacuum state by electric heating elements. They are mainly used in aerospace, tool & die, power generation, automotive and commercial heat treatment industries and so on.
The largest consumption area is Europe and North America, with advanced aerospace and automotive industry leading the market. Europe and North America are much matured market, mergers and acquisitions accelerated this process. For emerging economies, like China and India, vacuum furnace technology is rapidly improving.
Although sales of vacuum furnace brought a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and downstream support do not to enter into this field.
According to this study, over the next five years the Vacuum Furnaces market will register a 3.1% CAGR in terms of revenue, the global market size will reach US$ 860 million by 2024, from US$ 710 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Vacuum Furnaces business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Vacuum Furnaces market by product type, application, key manufacturers and key regions and countries.
This study considers the Vacuum Furnaces value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3: and forecast to 2024 in section 11.7.
Vacuum quench furnaces
Vacuum brazing furnaces
Vacuum carburizing furnaces
Other
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4: and forecast to 2024 in section 11.8.
Aerospace
Automotive
Tool & die
Power generation
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Ipsen
ALD Vacuum Technologies
Tenova
ECM
Seco/Warwick
IHI(Hayes)
Centorr Vacuum Industries
Solar Mfg
GM
C.I. Hayes
Chugai-ro
Vac Aero
Huahaizhongyi
BVF
Hengjin
Huarui
ULVAC
Huaxiang
Jiayu
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Vacuum Furnaces consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Vacuum Furnaces market by identifying its various subsegments.
Focuses on the key global Vacuum Furnaces manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Vacuum Furnaces with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Vacuum Furnaces submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
