Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Atmospheric Furnace Market by Type (Horizontal, Vertical), By Application (Aerospace Industry, Automotive Industry, Steel Industry, Food Industry, Medical Industry, Paint Industry, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Atmospheric Furnace Market by Type (Horizontal, Vertical), By Application (Aerospace Industry, Automotive Industry, Steel Industry, Food Industry, Medical Industry, Paint Industry, Other) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 130649 3300 Machinery & Equipment 377 234 Pages 4.6 (39)
                                          

Market Overview:


The global atmospheric furnace market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for atmospheric furnaces from various end-use industries, such as aerospace, automotive, steel, food, medical and paint industry. In addition, the growing demand for energy-efficient and environment-friendly technologies is also contributing to the growth of this market. Based on type, the global atmospheric furnace market can be segmented into horizontal and vertical furnaces. The horizontal furnaces segment is expected to account for a larger share of the global market than vertical furnaces during the forecast period. This can be attributed to their high efficiency and low operating costs as compared with vertical furnaces. Based on application,the global atmospheric furnacemarket can be divided into aerospace industry, automotive industry,,steelindustry,,foodindustry,,medicalindustry,,paintindustryand other applications .


Global Atmospheric Furnace Industry Outlook


Product Definition:


An atmospheric furnace is a type of furnace that does not use an external source of heat to produce flame. Instead, the air surrounding the object being heated is used to provide the necessary heat. This type of furnace is often used for objects that are too large or heavy to be moved easily.


Horizontal:


Horizontal is the movement of air or a gas in a particular direction. Horizontal flow is important for natural ventilation and it helps maintain uniform temperature, humidity, and air quality. In an industrial furnace, horizontal flow is achieved by using ducts that direct the exhaust gases from one side to another without any changes in pressure or volume.


Vertical:


Vertical is the part of furnace which is vertical to the horizontal wall of furnace. It has a chimney at its top for exhaust gases. The temperature and pressure in vertical are different from that in horizontal parts due to change in gas flow.


The temperature and pressure inside a furnace depend on four main factors, viz., fuel, air, combustion air (in case of re-heating), and heat transfer fluid (if any).


Application Insights:


The aerospace industry was the largest application segment in 2017, accounting for a share of over 30.0% in terms of revenue. The growth can be attributed to increasing air travel and military expenditure across the globe. For instance, according to data published by the International Air Transport Association (IATA), an increase of 5% in passenger traffic from 2016 to 2020 has been projected by them. This will lead to an increased demand for aircraft which is expected to fuel market growth over the forecast period.


Automotive industry is likely to grow at a significant rate owingto increasing vehicle production globally coupled with rising disposable income levels among consumers in emerging economies such as India and China who are increasingly buying cars from domestic manufacturers instead of importing them from foreign countries due t o lower prices.


Regional Analysis:


Asia Pacific dominated the global market in 2017 owing to the presence of key aircraft and automotive manufacturers in countries, such as China, India, Japan and South Korea. The region is expected to continue its dominance over the forecast period due to increasing demand for furnaces from various end-use industries.


The growing steel industry across major economies including China and India is also anticipated to drive regional growth over the next eight years. In addition, rapid industrialization coupled with rising disposable income levels will augment product demand further in Asia Pacific during the forecast period.


Europe accounted for a significant share of revenue generated by atmospheric furnace market on account of high production volumes attained by aerospace industry along with food processing sector in Germany.


Growth Factors:


  • Increasing demand for atmospheric furnaces from the automotive and aerospace industries due to the growing need for lightweight and high-performance materials.
  • The increasing demand for atmospheric furnaces from the medical device industry due to the growing need for advanced medical implants and devices.
  • The increasing demand for atmospheric furnaces in research institutes and universities due to the growing need for advanced materials research.
  • The rising popularity of atmospheric furnaces among small-scale businesses that require low-cost, high-quality heat treatment services.

Scope Of The Report

Report Attributes

Report Details

Report Title

Atmospheric Furnace Market Research Report

By Type

Horizontal, Vertical

By Application

Aerospace Industry, Automotive Industry, Steel Industry, Food Industry, Medical Industry, Paint Industry, Other

By Companies

Fours Industriels BMI, Tenova, Menden, Dortmund, Mahler, Plochingen, Schmetz

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

234

Number of Tables & Figures

164

Customization Available

Yes, the report can be customized as per your need.


Global Atmospheric Furnace Market Report Segments:

The global Atmospheric Furnace market is segmented on the basis of:

Types

Horizontal, Vertical

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Aerospace Industry, Automotive Industry, Steel Industry, Food Industry, Medical Industry, Paint Industry, Other

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Fours Industriels BMI
  2. Tenova
  3. Menden
  4. Dortmund
  5. Mahler
  6. Plochingen
  7. Schmetz

Global Atmospheric Furnace Market Overview


Highlights of The Atmospheric Furnace Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Horizontal
    2. Vertical
  1. By Application:

    1. Aerospace Industry
    2. Automotive Industry
    3. Steel Industry
    4. Food Industry
    5. Medical Industry
    6. Paint Industry
    7. Other
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Atmospheric Furnace Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Atmospheric Furnace Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available
                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Atmospheric Furnace Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Atmospheric Furnace Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Atmospheric Furnace Market - Supply Chain
   4.5. Global Atmospheric Furnace Market Forecast
      4.5.1. Atmospheric Furnace Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Atmospheric Furnace Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Atmospheric Furnace Market Absolute $ Opportunity

5. Global Atmospheric Furnace Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Atmospheric Furnace Market Size and Volume Forecast by Type
      5.3.1. Horizontal
      5.3.2. Vertical
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Atmospheric Furnace Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Atmospheric Furnace Market Size and Volume Forecast by Application
      6.3.1. Aerospace Industry
      6.3.2. Automotive Industry
      6.3.3. Steel Industry
      6.3.4. Food Industry
      6.3.5. Medical Industry
      6.3.6. Paint Industry
      6.3.7. Other
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Atmospheric Furnace Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Atmospheric Furnace Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Atmospheric Furnace Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Atmospheric Furnace Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Atmospheric Furnace Demand Share Forecast, 2019-2029

9. North America Atmospheric Furnace Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Atmospheric Furnace Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Atmospheric Furnace Market Size and Volume Forecast by Application
      9.4.1. Aerospace Industry
      9.4.2. Automotive Industry
      9.4.3. Steel Industry
      9.4.4. Food Industry
      9.4.5. Medical Industry
      9.4.6. Paint Industry
      9.4.7. Other
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Atmospheric Furnace Market Size and Volume Forecast by Type
      9.7.1. Horizontal
      9.7.2. Vertical
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Atmospheric Furnace Demand Share Forecast, 2019-2029

10. Latin America Atmospheric Furnace Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Atmospheric Furnace Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Atmospheric Furnace Market Size and Volume Forecast by Application
      10.4.1. Aerospace Industry
      10.4.2. Automotive Industry
      10.4.3. Steel Industry
      10.4.4. Food Industry
      10.4.5. Medical Industry
      10.4.6. Paint Industry
      10.4.7. Other
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Atmospheric Furnace Market Size and Volume Forecast by Type
      10.7.1. Horizontal
      10.7.2. Vertical
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Atmospheric Furnace Demand Share Forecast, 2019-2029

11. Europe Atmospheric Furnace Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Atmospheric Furnace Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Atmospheric Furnace Market Size and Volume Forecast by Application
      11.4.1. Aerospace Industry
      11.4.2. Automotive Industry
      11.4.3. Steel Industry
      11.4.4. Food Industry
      11.4.5. Medical Industry
      11.4.6. Paint Industry
      11.4.7. Other
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Atmospheric Furnace Market Size and Volume Forecast by Type
      11.7.1. Horizontal
      11.7.2. Vertical
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Atmospheric Furnace Demand Share, 2019-2029

12. Asia Pacific Atmospheric Furnace Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Atmospheric Furnace Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Atmospheric Furnace Market Size and Volume Forecast by Application
      12.4.1. Aerospace Industry
      12.4.2. Automotive Industry
      12.4.3. Steel Industry
      12.4.4. Food Industry
      12.4.5. Medical Industry
      12.4.6. Paint Industry
      12.4.7. Other
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Atmospheric Furnace Market Size and Volume Forecast by Type
      12.7.1. Horizontal
      12.7.2. Vertical
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Atmospheric Furnace Demand Share, 2019-2029

13. Middle East & Africa Atmospheric Furnace Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Atmospheric Furnace Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Atmospheric Furnace Market Size and Volume Forecast by Application
      13.4.1. Aerospace Industry
      13.4.2. Automotive Industry
      13.4.3. Steel Industry
      13.4.4. Food Industry
      13.4.5. Medical Industry
      13.4.6. Paint Industry
      13.4.7. Other
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Atmospheric Furnace Market Size and Volume Forecast by Type
      13.7.1. Horizontal
      13.7.2. Vertical
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Atmospheric Furnace Demand Share, 2019-2029

14. Competition Landscape
   14.1. Global Atmospheric Furnace Market: Market Share Analysis
   14.2. Atmospheric Furnace Distributors and Customers
   14.3. Atmospheric Furnace Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Fours Industriels BMI
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Tenova
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Menden
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Dortmund
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Mahler
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Plochingen
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Schmetz
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. COMPANY8
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. COMPANY9
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. COMPANY 10
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. COMPANY 11
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. COMPANY 12
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. COMPANY 13
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. COMPANY 14
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. COMPANY 15
         14.4.15.1. Overview
         14.4.15.2. Financials
         14.4.15.3. Developments
         14.4.15.4. Strategic Outlook
      14.4.16. COMPANY 16
         14.4.16.1. Overview
         14.4.16.2. Financials
         14.4.16.3. Developments
         14.4.16.4. Strategic Outlook
      14.4.17. COMPANY 17
         14.4.17.1. Overview
         14.4.17.2. Financials
         14.4.17.3. Developments
         14.4.17.4. Strategic Outlook
      14.4.18. COMPANY 18
         14.4.18.1. Overview
         14.4.18.2. Financials
         14.4.18.3. Developments
         14.4.18.4. Strategic Outlook
      14.4.19. COMPANY 19
         14.4.19.1. Overview
         14.4.19.2. Financials
         14.4.19.3. Developments
         14.4.19.4. Strategic Outlook
      14.4.20. COMPANY 20
         14.4.20.1. Overview
         14.4.20.2. Financials
         14.4.20.3. Developments
         14.4.20.4. Strategic Outlook

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