Market Overview:
The global furnace brazing services market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth of the market can be attributed to the increasing demand for furnace brazing services in various end-use industries such as aerospace, automotive, engineering and electronic devices. In addition, the growing demand for vacuum furnace brazing services is also contributing to the growth of this market. However, volatility in prices of raw materials used in furnaces may restrain the growth of this market during the forecast period. Based on type, vacuum furnace brazing held a major share of 61% in 2017 and is expected to grow at a CAGR of 6% during 2018-2030 owing to its ability to produce high quality products with low porosity levels and better metallurgical properties as compared with other types of furnaces. Based on application, aerospace components held a major share (36%) in 2017 and is projected witness highest CAGR over next 10 years due rising demand from commercial aircrafts manufacturers across globe .
Product Definition:
Furnace Brazing Services is a type of brazing that uses furnace furnaces to heat the parts being joined. The furnace can be a gas-fired or electric-fired unit. It is important because it allows for the joining of metals at high temperatures, which results in a stronger joint.
Vacuum Furnace Brazing:
Vacuum furnace brazing is a process where two metal surfaces are joined by a filler material using vacuum as a binder. The process can be used for various applications in the furnaces, including refractory lining and insulation, graphite blocks replacement, air pre-heating system components replacement and repair.
Atmosphere Furnace Brazing:
Atmosphere furnace brazing and it's usage in the furnace brazing services market is a process where filler metal is braze welded or soldered to the base metal using an electric arc. The filler metals can be made of different alloys depending upon the requirements. The advantages of atmosphere furnaces are that they produce joints with high strength, good electrical resistance, low thermal conductivity and provide hardenability required for industrial applications.
Application Insights:
The aerospace components segment accounted for the largest share in 2015 and is projected to continue its dominance over the forecast period. Furnace brazing is used for joining various metallic and non-metallic components of an aircraft, which include engine mounts, control surfaces, landing gear doors, fuel caps & cladding panels among others. The high thermal conductivity of these products makes them suitable for use in heat management systems on aeroplanes. Brazed joints are also strong enough to withstand the stress imposed by a heavy bird without any problems.
Engineering components such as pumps & motors; power steering units; oil filter adaptors; air intake manifolds among others are manufactured using iron alloys or steel with ceramic matrix composites that require furnace brazing services due to their high thermal conductivity properties.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to increasing demand for furnaces in countries, such as China and India. In addition, growing automotive industry coupled with rapid industrialization is anticipated to drive product demand across this region.
Europe accounted for a significant share of revenue in 2017 owing to high production volumes of aircraft components and other products using brazing techniques. The presence of major aerospace companies including Airbus S A., Rolls-Royce Holdings Ltd., BAE Systems plc., Dassault Aviation SA, Safran Group are based in Europe has led to increased product utilization across this region since past few years.
Growth Factors:
- Increasing demand for lightweight and fuel-efficient vehicles
- Growing automotive sector in developing countries
- Rising demand for brazed assemblies in electrical and electronics applications
- Technological advancements in furnace brazing processes
- Growing popularity of vacuum furnace brazing
Scope Of The Report
Report Attributes
Report Details
Report Title
Furnace Brazing Services Market Research Report
By Type
Vacuum Furnace Brazing, Atmosphere Furnace Brazing, Others
By Application
Aerospace Components, Industrial Gas Turbine Components, Engineering Components, Automotive Components, Electronic Devices, Others
By Companies
Bodycote, The Linde Group, Kraftube, California Brazing, Paulo, Applied Thermal Technologies, Franklin Brazing, Specialty Steel Treating, HI TecMetal Group, Norstan, Inc., Byron Products, THE NORKING CO. INC, Vacuum Process Engineering, Vac-Met, Riverside Machine & Engineering, Vacu Braze Inc
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
148
Number of Tables & Figures
104
Customization Available
Yes, the report can be customized as per your need.
Global Furnace Brazing Services Market Report Segments:
The global Furnace Brazing Services market is segmented on the basis of:
Types
Vacuum Furnace Brazing, Atmosphere Furnace Brazing, Others
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 Components, Industrial Gas Turbine Components, Engineering Components, Automotive Components, Electronic Devices, Others
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:
- Bodycote
- The Linde Group
- Kraftube
- California Brazing
- Paulo
- Applied Thermal Technologies
- Franklin Brazing
- Specialty Steel Treating
- HI TecMetal Group
- Norstan, Inc.
- Byron Products
- THE NORKING CO. INC
- Vacuum Process Engineering
- Vac-Met
- Riverside Machine & Engineering
- Vacu Braze Inc
Highlights of The Furnace Brazing Services Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Vacuum Furnace Brazing
- Atmosphere Furnace Brazing
- Others
- By Application:
- Aerospace Components
- Industrial Gas Turbine Components
- Engineering Components
- Automotive Components
- Electronic Devices
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Furnace Brazing Services 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
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Furnace Brazing Services is a type of welding that uses a furnace to heat the metal being welded. The metal is then drawn into the weld area where it melts and forms a joint.
Some of the major players in the furnace brazing services market are Bodycote, The Linde Group, Kraftube, California Brazing, Paulo, Applied Thermal Technologies, Franklin Brazing, Specialty Steel Treating, HI TecMetal Group, Norstan, Inc., Byron Products, THE NORKING CO. INC, Vacuum Process Engineering, Vac-Met, Riverside Machine & Engineering, Vacu Braze Inc.
The furnace brazing services market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Furnace Brazing Services Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Furnace Brazing Services Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Furnace Brazing Services Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Furnace Brazing Services Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Furnace Brazing Services Market Size & Forecast, 2018-2028
4.5.1 Furnace Brazing Services Market Size and Y-o-Y Growth
4.5.2 Furnace Brazing Services Market Absolute $ Opportunity
Chapter 5 Global Furnace Brazing Services Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Furnace Brazing Services Market Size Forecast by Type
5.2.1 Vacuum Furnace Brazing
5.2.2 Atmosphere Furnace Brazing
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Furnace Brazing Services Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Furnace Brazing Services Market Size Forecast by Applications
6.2.1 Aerospace Components
6.2.2 Industrial Gas Turbine Components
6.2.3 Engineering Components
6.2.4 Automotive Components
6.2.5 Electronic Devices
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Furnace Brazing Services Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Furnace Brazing Services Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Furnace Brazing Services Analysis and Forecast
9.1 Introduction
9.2 North America Furnace Brazing Services Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Furnace Brazing Services Market Size Forecast by Type
9.6.1 Vacuum Furnace Brazing
9.6.2 Atmosphere Furnace Brazing
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Furnace Brazing Services Market Size Forecast by Applications
9.10.1 Aerospace Components
9.10.2 Industrial Gas Turbine Components
9.10.3 Engineering Components
9.10.4 Automotive Components
9.10.5 Electronic Devices
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Furnace Brazing Services Analysis and Forecast
10.1 Introduction
10.2 Europe Furnace Brazing Services Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Furnace Brazing Services Market Size Forecast by Type
10.6.1 Vacuum Furnace Brazing
10.6.2 Atmosphere Furnace Brazing
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Furnace Brazing Services Market Size Forecast by Applications
10.10.1 Aerospace Components
10.10.2 Industrial Gas Turbine Components
10.10.3 Engineering Components
10.10.4 Automotive Components
10.10.5 Electronic Devices
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Furnace Brazing Services Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Furnace Brazing Services Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Furnace Brazing Services Market Size Forecast by Type
11.6.1 Vacuum Furnace Brazing
11.6.2 Atmosphere Furnace Brazing
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Furnace Brazing Services Market Size Forecast by Applications
11.10.1 Aerospace Components
11.10.2 Industrial Gas Turbine Components
11.10.3 Engineering Components
11.10.4 Automotive Components
11.10.5 Electronic Devices
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Furnace Brazing Services Analysis and Forecast
12.1 Introduction
12.2 Latin America Furnace Brazing Services Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Furnace Brazing Services Market Size Forecast by Type
12.6.1 Vacuum Furnace Brazing
12.6.2 Atmosphere Furnace Brazing
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Furnace Brazing Services Market Size Forecast by Applications
12.10.1 Aerospace Components
12.10.2 Industrial Gas Turbine Components
12.10.3 Engineering Components
12.10.4 Automotive Components
12.10.5 Electronic Devices
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Furnace Brazing Services Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Furnace Brazing Services Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Furnace Brazing Services Market Size Forecast by Type
13.6.1 Vacuum Furnace Brazing
13.6.2 Atmosphere Furnace Brazing
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Furnace Brazing Services Market Size Forecast by Applications
13.10.1 Aerospace Components
13.10.2 Industrial Gas Turbine Components
13.10.3 Engineering Components
13.10.4 Automotive Components
13.10.5 Electronic Devices
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Furnace Brazing Services Market: Competitive Dashboard
14.2 Global Furnace Brazing Services Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bodycote
14.3.2 The Linde Group
14.3.3 Kraftube
14.3.4 California Brazing
14.3.5 Paulo
14.3.6 Applied Thermal Technologies
14.3.7 Franklin Brazing
14.3.8 Specialty Steel Treating
14.3.9 HI TecMetal Group
14.3.10 Norstan, Inc.
14.3.11 Byron Products
14.3.12 THE NORKING CO. INC
14.3.13 Vacuum Process Engineering
14.3.14 Vac-Met
14.3.15 Riverside Machine & Engineering
14.3.16 Vacu Braze Inc
