Market Overview:
The global high temperature vacuum furnace market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for high-temperature vacuum furnaces in various applications such as aerospace, automotive, tool & die, power generation and others. In addition, the growing demand for vacuum quench furnaces and vacuum brazing furnaces is also contributing to the growth of this market. However, factors such as limited number of suppliers and lack of standardization are restraining the growth of this market. On the basis of type, the global high temperature vacuum furnace market can be segmented into Vacuum Quench Furnaces (VQF), Vacuum Brazing Furnaces (VBF), Vacuum Carburizing Furnaces (VCF) and Other Types (OT). The VQF segment is expected to account for a major share in terms of revenue in 2018 owing to its growing demand from various end-use industries such as aerospace and automotive.
Product Definition:
A high-temperature vacuum furnace is a furnace that operates at very high temperatures and in a vacuum. This type of furnace is used to heat materials to very high temperatures for melting or vaporization, or to heat objects to be used in other processes.
Vacuum Quench Furnaces:
Vacuum quench furnaces are used to control and manage the process of solidification in high temperature vacuum furnaces. It is also known as heat-side management or heat-side control, which controls the rate of crystallization by controlling the furnace temperature. The major factor responsible for product quality in high temperature vacuum furnace is controlling and managing process parameters such as time, energy, materials (feed), atmosphere (pressure & gas), and environment (operating & storage conditions).
Vacuum Brazing Furnaces:
Vacuum brazing furnaces are used to braze two or more metals together using high temperature and vacuum as a heat transfer medium. The process is widely used in the automotive industry for joining of various metal components such as engine cases, transmission cases, brake systems and other electrical components. It also finds application in aerospace & defense industry for joining of aircraft parts such as wings, fuselage etc.
Application Insights:
The automotive application segment accounted for the largest revenue share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for high-temperature vacuum furnaces from major automotive manufacturers, such as Toyota Motor Corporation, Honda Motor Co., Ltd., Nissan Motors Ltd., Mitsubishi Electric Corp., and Mazda Motors Inc. These vacuum heat treatment equipment are used for various processes including anodizing, cold work, normalizing & tempering, hardening & softening of steel and aluminum alloys as well as plastic components like instrument panels and exterior body parts.
Automotive applications include but are not limited to; cars (light duty vehicles), trucks/lorries (light duty vehicles), buses (school buses through heavy-duty commercial vehicle) or trains (railway carriages).
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and increasing foreign investments in the region. In 2016, China was estimated as having more than 13000 manufacturing facilities across various sectors such as steel, automotive, machinery, etc., out of which 56% were located in Sichuan Province and 29% were outside of Chengdu city. The presence of large number of manufacturers coupled with low labor cost has led many companies based out of China to invest in these furnaces for producing high quality products at competitive prices within the country itself thereby driving up product demand over the forecast period.
North America accounted for a significant share within global industry due to early adoption by several end users such as aerospace & defense.
Growth Factors:
- Increasing demand for vacuum furnaces from the automotive and aerospace industries
- Growing popularity of vacuum furnaces for heat treatment applications
- Rising investments in research and development activities for advanced furnace technologies
- Proliferation of small- and medium-scale enterprises (SMEs) in the vacuum furnace market
- Emergence of new applications such as solar energy
Scope Of The Report
Report Attributes
Report Details
Report Title
High Temperature Vacuum Furnace Market Research Report
By Type
Vacuum Quench Furnaces, Vacuum Brazing Furnaces, Vacuum Carburizing Furnaces, Other
By Application
Aerospace, Automotive, Tool & Die, Power Generation, Others
By Companies
Ipsen, Carbolite Gero, Thermal Technology, Brother Furnace, ALD Vacuum Technologies, Tenova, ECM, Seco/Warwick, IHI(Hayes), Centorr Vacuum Industries, Chugai-ro, Vac Aero, Huahaizhongyi
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
152
Number of Tables & Figures
107
Customization Available
Yes, the report can be customized as per your need.
Global High Temperature Vacuum Furnace Market Report Segments:
The global High Temperature Vacuum Furnace market is segmented on the basis of:
Types
Vacuum Quench Furnaces, Vacuum Brazing Furnaces, Vacuum Carburizing Furnaces, Other
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, Automotive, Tool & Die, Power Generation, 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:
- Ipsen
- Carbolite Gero
- Thermal Technology
- Brother Furnace
- ALD Vacuum Technologies
- Tenova
- ECM
- Seco/Warwick
- IHI(Hayes)
- Centorr Vacuum Industries
- Chugai-ro
- Vac Aero
- Huahaizhongyi
Highlights of The High Temperature Vacuum Furnace 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 Quench Furnaces
- Vacuum Brazing Furnaces
- Vacuum Carburizing Furnaces
- Other
- By Application:
- Aerospace
- Automotive
- Tool & Die
- Power Generation
- 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 High Temperature Vacuum 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
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- Consumer Insights
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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?
A high temperature vacuum furnace is a type of industrial furnace used to produce high temperatures in the range of 1,000-5,000 degrees Celsius. These furnaces are typically used to melt and cast metals or other materials.
Some of the key players operating in the high temperature vacuum furnace market are Ipsen, Carbolite Gero, Thermal Technology, Brother Furnace, ALD Vacuum Technologies, Tenova, ECM, Seco/Warwick, IHI(Hayes), Centorr Vacuum Industries, Chugai-ro, Vac Aero, Huahaizhongyi.
The high temperature vacuum furnace market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 High Temperature Vacuum Furnace 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 High Temperature Vacuum Furnace Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High Temperature Vacuum Furnace 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 High Temperature Vacuum Furnace 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 High Temperature Vacuum Furnace Market Size & Forecast, 2020-2028
4.5.1 High Temperature Vacuum Furnace Market Size and Y-o-Y Growth
4.5.2 High Temperature Vacuum Furnace Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Vacuum Quench Furnaces
5.2.2 Vacuum Brazing Furnaces
5.2.3 Vacuum Carburizing Furnaces
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Aerospace
6.2.2 Automotive
6.2.3 Tool & Die
6.2.4 Power Generation
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Temperature Vacuum Furnace 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 High Temperature Vacuum Furnace 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Vacuum Quench Furnaces
9.6.2 Vacuum Brazing Furnaces
9.6.3 Vacuum Carburizing Furnaces
9.6.4 Other
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 Market Size Forecast by Applications
9.10.1 Aerospace
9.10.2 Automotive
9.10.3 Tool & Die
9.10.4 Power Generation
9.10.5 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Vacuum Quench Furnaces
10.6.2 Vacuum Brazing Furnaces
10.6.3 Vacuum Carburizing Furnaces
10.6.4 Other
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 Market Size Forecast by Applications
10.10.1 Aerospace
10.10.2 Automotive
10.10.3 Tool & Die
10.10.4 Power Generation
10.10.5 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Vacuum Quench Furnaces
11.6.2 Vacuum Brazing Furnaces
11.6.3 Vacuum Carburizing Furnaces
11.6.4 Other
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 Market Size Forecast by Applications
11.10.1 Aerospace
11.10.2 Automotive
11.10.3 Tool & Die
11.10.4 Power Generation
11.10.5 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Vacuum Quench Furnaces
12.6.2 Vacuum Brazing Furnaces
12.6.3 Vacuum Carburizing Furnaces
12.6.4 Other
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 Market Size Forecast by Applications
12.10.1 Aerospace
12.10.2 Automotive
12.10.3 Tool & Die
12.10.4 Power Generation
12.10.5 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Vacuum Quench Furnaces
13.6.2 Vacuum Brazing Furnaces
13.6.3 Vacuum Carburizing Furnaces
13.6.4 Other
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) Market Size Forecast by Applications
13.10.1 Aerospace
13.10.2 Automotive
13.10.3 Tool & Die
13.10.4 Power Generation
13.10.5 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 High Temperature Vacuum Furnace Market: Competitive Dashboard
14.2 Global High Temperature Vacuum Furnace Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ipsen
14.3.2 Carbolite Gero
14.3.3 Thermal Technology
14.3.4 Brother Furnace
14.3.5 ALD Vacuum Technologies
14.3.6 Tenova
14.3.7 ECM
14.3.8 Seco/Warwick
14.3.9 IHI(Hayes)
14.3.10 Centorr Vacuum Industries
14.3.11 Chugai-ro
14.3.12 Vac Aero
14.3.13 Huahaizhongyi
