The global vacuum furnaces market revenue was around US$ 963.9 million in 2022 and is estimated to reach US$ 1,279.8 million by 2031, growing at a compound annual growth rate (CAGR) of 3.2% during the forecast period from 2023 to 2031.
A vacuum furnace is a special kind of furnace that covers the workpiece in the furnace with a vacuum. This allows the workpiece to be heat-treated in lack of oxygen and other air components, thereby enabling the temperature to increase above 3,000 degrees Celsius without harming the workpiece.
Market Driving Factors
The surging adoption of vacuum furnaces for clean and controlled environments is estimated to drive market growth. This is owing to the vacuum furnaces making a controlled atmosphere by removing impurities from the air, resulting in clean heat treatment procedures. Thus, this is important for applications where surface cleanliness and minimal oxidation are necessary, such as in the production of high-performance elements and cutting-edge materials.
Surging demand for high-quality and exact heat treatment processes is predicted to fuel the market growth. This is because industries such as automotive, aerospace, and electronics need heat treatment processes that achieve accurate and consistent outcomes. In addition, vacuum furnaces provide superior benefits, such as a controlled atmosphere, uniform heating, and minimal surface contamination, making them perfect for achieving the desired metallurgical properties and surface finishes.
Growing investments in research and development activities are anticipated to create lucrative possibilities in the market. This is mainly due to the key players financing research and development to innovate and create cutting-edge vacuum furnace solutions. These innovations aim to improve furnace performance, automation capabilities, energy efficiency, and overall process control. Thus, such investments contribute to market growth by providing enhanced solutions that fulfill the evolving requirements of industries needing heat treatment processes.
The high price associated with vacuum furnaces is hindering the market growth.
Regional Analysis
North America is estimated to dominate the market in terms of revenue. This is generally owing to due to the surging investments in manufacturing plants from emerging and developed nations. Moreover, key players in the region are concentrating on developing digital characteristics, including cleaning-related products.
Segmentation Insights
Operation Insight
The internal heat treatment segment is predicted to dominate the market in terms of growth rate. This is mainly due to its high manufacturing capability. Internal heat treatment is essential for manufacturing high-temperature furnaces. Thus, the surging demand for high-temperature furnaces in different industries, coupled with the benefits provided by internal heat treatment in terms of manufacturing capability and product quality.
End User Industry Insight
The aerospace segment dominates the market in terms of revenue. This is due to the vast utilization of vacuum furnaces in the aerospace sector. Additionally, vacuum furnaces play an important role in the aerospace industry, where reliability, precision, and high-quality materials are important. Moreover, these furnaces are utilized for different critical processes, such as brazing, heat treatment, and diffusion bonding of aerospace components. Vacuum furnaces aid in eliminating contaminants, decreasing oxidation, and achieving precise control over temperature and pressure requirements, ensuring the production of excellent aerospace components.
Prominent Companies
Segmentation Outline
The global vacuum furnaces market segmentation focuses on the Type, Operation, End User Industry, and Region.
By Type
By Operation
By End User Industry
By Region
[TABLE OF CONTENTS]
1 INTRODUCTION OF GLOBAL VACUUM FURNACES MARKET
1.1 OVERVIEW OF THE MARKET
1.2 SCOPE OF REPORT
1.3 ASSUMPTIONS
2 EXECUTIVE SUMMARY: VACUUM FURNACES MARKET
3 RESEARCH METHODOLOGY
3.1 DATA MINING
3.2 VALIDATION
3.3 PRIMARY INTERVIEWS
3.4 LIST OF DATA SOURCES
3.5 ANALYST TOOLS AND MODELS
4 GLOBAL VACUUM FURNACES MARKET OUTLOOK
4.1 OVERVIEW
4.2 MARKET DYNAMICS AND TRENDS
4.2.1 DRIVERS
4.2.2 RESTRAINTS
4.2.3 OPPORTUNITIES
4.3 PORTERS FIVE FORCE ANALYSIS
4.4 VALUE CHAIN ANALYSIS
4.5 MARKET GROWTH AND OUTLOOK
4.5.1 PRICE TREND ANALYSIS
4.5.2 OPPORTUNITY SHARE
5 GLOBAL VACUUM FURNACES MARKET, BY TYPE
5.1 OVERVIEW
5.2 HORIZONTAL
5.3 VERTICAL
6 GLOBAL VACUUM FURNACES MARKET, BY OPERATION
6.1 OVERVIEW
6.2 EXTERNAL HEAT TREATMENT
6.3 INTERNAL HEAT TREATMENT
7 GLOBAL VACUUM FURNACES MARKET, BY END USER INDUSTRY
7.1 OVERVIEW
7.2 INDUSTRIAL
7.2.1 APPLICATION
7.2.1.1 AEROSPACE
7.2.1.2 AUTOMOTIVE
7.2.1.3 MEDICAL
7.2.1.4 OTHERS
7.3 RESEARCH
8 GLOBAL VACUUM FURNACES MARKET, BY GEOGRAPHY
8.1 OVERVIEW
8.2 NORTH AMERICA
8.2.1 NORTH AMERICA MARKET SNAPSHOT
8.2.2 U.S.
8.2.3 CANADA
8.2.4 MEXICO
8.3 EUROPE
8.3.1 EUROPE MARKET SNAPSHOT
8.3.2 WESTERN EUROPE
8.3.2.1 THE UK
8.3.2.2 GERMANY
8.3.2.3 FRANCE
8.3.2.4 ITALY
8.3.2.5 SPAIN
8.3.2.6 REST OF WESTERN EUROPE
8.3.3 EASTERN EUROPE
8.3.3.1 POLAND
8.3.3.2 RUSSIA
8.3.3.3 REST OF EASTERN EUROPE
8.4 ASIA PACIFIC
8.4.1 ASIA PACIFIC MARKET SNAPSHOT
8.4.2 CHINA
8.4.3 JAPAN
8.4.4 INDIA
8.4.5 AUSTRALIA & NEW ZEALAND
8.4.6 ASEAN
8.4.7 REST OF ASIA PACIFIC
8.5 MIDDLE EAST & AFRICA
8.5.1 MIDDLE EAST & AFRICA MARKET SNAPSHOT
8.5.2 UAE
8.5.3 SAUDI ARABIA
8.5.4 SOUTH AFRICA
8.5.5 REST OF MEA
8.6 SOUTH AMERICA
8.6.1 SOUTH AMERICA MARKET SNAPSHOT
8.6.2 BRAZIL
8.6.3 ARGENTINA
8.6.4 REST OF SOUTH AMERICA
9 GLOBAL VACUUM FURNACES MARKET COMPETITIVE LANDSCAPE
9.1 OVERVIEW
9.2 COMPANY MARKET RANKING
9.3 KEY DEVELOPMENT STRATEGIES
9.4 COMPETITIVE DASHBOARD
9.5 PRODUCT MAPPING
9.6 TOP PLAYER POSITIONING, 2022
9.7 COMPETITIVE HEATMAP
9.8 TOP WINNING STRATEGIES
10 COMPANY PROFILES
10.1 BMI FOURS INDUSTRIELS
10.1.1 OVERVIEW
10.1.2 FINANCIAL PERFORMANCE
10.1.3 PRODUCT OUTLOOK
10.1.4 KEY DEVELOPMENTS
10.1.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.2 T-M VACUUM PRODUCTS INC
10.2.1 OVERVIEW
10.2.2 FINANCIAL PERFORMANCE
10.2.3 PRODUCT OUTLOOK
10.2.4 KEY DEVELOPMENTS
10.2.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.3 SECO/WARWICK S.A
10.3.1 OVERVIEW
10.3.2 FINANCIAL PERFORMANCE
10.3.3 PRODUCT OUTLOOK
10.3.4 KEY DEVELOPMENTS
10.3.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.4 SHANGHAI HAOYUE TECHNOLOGY CO. LTD
10.4.1 OVERVIEW
10.4.2 FINANCIAL PERFORMANCE
10.4.3 PRODUCT OUTLOOK
10.4.4 KEY DEVELOPMENTS
10.4.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.5 CENTORR VACUUM INDUSTRIES
10.5.1 OVERVIEW
10.5.2 FINANCIAL PERFORMANCE
10.5.3 PRODUCT OUTLOOK
10.5.4 KEY DEVELOPMENTS
10.5.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.6 GASBARRE PRODUCTS INC.
10.6.1 OVERVIEW
10.6.2 FINANCIAL PERFORMANCE
10.6.3 PRODUCT OUTLOOK
10.6.4 KEY DEVELOPMENTS
10.6.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.7 NABERTHERM GMBH
10.7.1 OVERVIEW
10.7.2 FINANCIAL PERFORMANCE
10.7.3 PRODUCT OUTLOOK
10.7.4 KEY DEVELOPMENTS
10.7.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.8 AMG ADVANCED METALLURGICAL GROUP N.V.
10.8.1 OVERVIEW
10.8.2 FINANCIAL PERFORMANCE
10.8.3 PRODUCT OUTLOOK
10.8.4 KEY DEVELOPMENTS
10.8.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.9 STERICOX INDIA PRIVATE LIMITED
10.9.1 OVERVIEW
10.9.2 FINANCIAL PERFORMANCE
10.9.3 PRODUCT OUTLOOK
10.9.4 KEY DEVELOPMENTS
10.9.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.10 IHI CORPORATION
10.10.1 OVERVIEW
10.10.2 FINANCIAL PERFORMANCE
10.10.3 PRODUCT OUTLOOK
10.10.4 KEY DEVELOPMENTS
10.10.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.11 LAKSHMI VACUUM
10.11.1 OVERVIEW
10.11.2 FINANCIAL PERFORMANCE
10.11.3 PRODUCT OUTLOOK
10.11.4 KEY DEVELOPMENTS
10.11.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.12 CHUGAI RO CO. LTD
10.12.1 OVERVIEW
10.12.2 FINANCIAL PERFORMANCE
10.12.3 PRODUCT OUTLOOK
10.12.4 KEY DEVELOPMENTS
10.12.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.13 THERELEK
10.13.1 OVERVIEW
10.13.2 FINANCIAL PERFORMANCE
10.13.3 PRODUCT OUTLOOK
10.13.4 KEY DEVELOPMENTS
10.13.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.14 ECM GROUP
10.14.1 OVERVIEW
10.14.2 FINANCIAL PERFORMANCE
10.14.3 PRODUCT OUTLOOK
10.14.4 KEY DEVELOPMENTS
10.14.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.15 IPSEN
10.15.1 OVERVIEW
10.15.2 FINANCIAL PERFORMANCE
10.15.3 PRODUCT OUTLOOK
10.15.4 KEY DEVELOPMENTS
10.15.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.16 SOLAR MANUFACTURING
10.16.1 OVERVIEW
10.16.2 FINANCIAL PERFORMANCE
10.16.3 PRODUCT OUTLOOK
10.16.4 KEY DEVELOPMENTS
10.16.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
10.17 ACME
10.17.1 OVERVIEW
10.17.2 FINANCIAL PERFORMANCE
10.17.3 PRODUCT OUTLOOK
10.17.4 KEY DEVELOPMENTS
10.17.5 KEY STRATEGIC MOVES AND DEVELOPMENTS
01
お客様のニーズに合わせてレポートをカスタマイズ可能
02
ベテランの市場調査員による専門的な分析
03
安全で簡単に利用できるオンライン決済方法
04
お客様のご要望に応じて、特定の章を購入することができます。
05
すべてのレポートに専門的な日本語翻訳を提供
06
包括的でわかりやすいレポートを迅速にお届けします。
07
購入後も継続的なサポートとアップデートが受けられます。
We Accept
Copyright ©2022 All rights reserved