Market Overview:
The global vacuum annealing furnace market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth of the market can be attributed to the increasing demand for vacuum annealing furnaces in various applications such as plumbing equipment annealing, mechanical parts annealing, silicon steel sheet annealing, steel annealing and medical equipment annealing. In addition, the growing demand for high-quality products across different industries is also contributing to the growth of this market.
Product Definition:
The vacuum annealing furnace is a device used to heat metal objects in a vacuum environment. This type of furnace is important because it eliminates the possibility of oxidation, which can ruin the object's appearance and weaken its structure.
Horizontal Vacuum Annealing Furnace:
Horizontal vacuum annealing furnace is a type of vacuum chamber used for thermal processing of materials. It is mainly used to improve the hardness and strength of materials by heating them to extreme temperatures. The material which is placed in the chamber undergoes phase change from solid to liquid and then back again on cooling, thus increasing its toughness.
The global Vacuum Annealing Furnace market was valued at USD 1,37,848 in 2015.
Well Type Vacuum Annealing Furnace:
Well type vacuum annealing furnace is a kind of vacuum chamber, which is used for thermal treatment of steel products. It has the ability to control temperature and pressure throughout its interior thus making it possible to obtain accurate results in terms of hardness and temperatures. The process takes place at high temperature (around 2300 C) with moderate pressure ( Around 10-8 torr) which helps in reducing the cycle time as compared to case hardening processes.
Application Insights:
Plumbing equipment annealing was the largest application segment in the global vacuum Annealing Furnace market, accounting for over 30% of the total revenue share in 2017. Vacuum annealing is used to optimize and maintain the performance of a wide range of products including copper pipes, cold water pipes, sanitary ware, hot and cold water service lines as well as valves. The process helps extend product life by reducing corrosion and wear caused by hardwater deposits along with improving aesthetic appeal.
Mechanical parts annealing is projected to witness significant growth over the forecast period owing to increasing demand for high precision mechanical components from various end-use industries such as automotive & transportation systems manufacturing among others. In addition, vacuum Annealings are increasingly being utilized for steel component optimization that includes optimizing critical dimensions (CD), surface finish quality (SQ) and residual stress reduction within a component during its production cycle time.
Regional Analysis:
Asia Pacific dominated the global market in 2017 owing to the presence of a large number of manufacturers and exporters. The region is expected to continue its dominance over the forecast period due to increasing demand for vacuum annealing from end-users such as electronics, automotive, medical equipment, etc. In addition, growth in end-use industries coupled with rising disposable income will drive regional market growth further.
The Asia Pacific held a revenue share of more than 35% in 2017 and is anticipated to be one of the fastest growing regions during the forecast period owing to rapid industrialization along with expanding manufacturing sector mainly due to low labor costs associated with it compared to developed economies such as U.S., Germany, UK and China which are also major consumers for vacuum products across various applications including semiconductors & electronics manufacturing; steel industry; plumbing equipment & parts annealing; medical devices manufacturing among others).
Growth Factors:
- Increasing demand for vacuum annealing furnace from the automotive and aerospace industries due to the growing need for lightweight and durable materials.
- Rising demand for vacuum annealing furnace in the semiconductor industry to meet the increasing demand for advanced electronic devices.
- Growing popularity of vacuum annealing furnace in medical device manufacturing due to its ability to produce high-quality medical implants and devices.
- Increasing use of vacuum annealing furnace in research institutes and universities to improve material properties through controlled thermal processing conditions.
Scope Of The Report
Report Attributes
Report Details
Report Title
Vacuum Annealing Furnace Market Research Report
By Type
Horizontal Vacuum Annealing Furnace, Well Type Vacuum Annealing Furnace
By Application
Plumbing Equipment Annealing, Mechanical Parts Annealing, Silicon Steel Sheet Annealing, Steel Annealing, Medical Equipment Annealing
By Companies
Carbolite Gero, ECM Technologies, Koyo Thermos Systems, Materials Research Furnaces, SECO/WARWICK Group, T-M Vacuum Products, Yield Engineering Systems, Systherms GmbH, Cieffe Forni Industriali, ALD, Carbolite Gero
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
222
Number of Tables & Figures
156
Customization Available
Yes, the report can be customized as per your need.
Global Vacuum Annealing Furnace Market Report Segments:
The global Vacuum Annealing Furnace market is segmented on the basis of:
Types
Horizontal Vacuum Annealing Furnace, Well Type Vacuum Annealing Furnace
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
Plumbing Equipment Annealing, Mechanical Parts Annealing, Silicon Steel Sheet Annealing, Steel Annealing, Medical Equipment Annealing
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:
- Carbolite Gero
- ECM Technologies
- Koyo Thermos Systems
- Materials Research Furnaces
- SECO/WARWICK Group
- T-M Vacuum Products
- Yield Engineering Systems
- Systherms GmbH
- Cieffe Forni Industriali
- ALD
- Carbolite Gero
Highlights of The Vacuum Annealing 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:
- Horizontal Vacuum Annealing Furnace
- Well Type Vacuum Annealing Furnace
- By Application:
- Plumbing Equipment Annealing
- Mechanical Parts Annealing
- Silicon Steel Sheet Annealing
- Steel Annealing
- Medical Equipment Annealing
- 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 Vacuum Annealing 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:
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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 vacuum annealing furnace is a type of furnace used to heat materials to very high temperatures in order to achieve specific properties. The materials are placed in the furnace and then subjected to a controlled vacuum environment, which causes the material's temperature and pressure to increase. This process can cause the material's atoms or molecules to move closer together, resulting in a change in its physical or chemical properties.
Some of the key players operating in the vacuum annealing furnace market are Carbolite Gero, ECM Technologies, Koyo Thermos Systems, Materials Research Furnaces, SECO/WARWICK Group, T-M Vacuum Products, Yield Engineering Systems, Systherms GmbH, Cieffe Forni Industriali, ALD, Carbolite Gero.
The vacuum annealing 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 Vacuum Annealing 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 Vacuum Annealing Furnace Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Vacuum Annealing 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 Vacuum Annealing 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 Vacuum Annealing Furnace Market Size & Forecast, 2020-2028
4.5.1 Vacuum Annealing Furnace Market Size and Y-o-Y Growth
4.5.2 Vacuum Annealing 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 Horizontal Vacuum Annealing Furnace
5.2.2 Well Type Vacuum Annealing Furnace
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 Plumbing Equipment Annealing
6.2.2 Mechanical Parts Annealing
6.2.3 Silicon Steel Sheet Annealing
6.2.4 Steel Annealing
6.2.5 Medical Equipment Annealing
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vacuum Annealing 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 Vacuum Annealing 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 Horizontal Vacuum Annealing Furnace
9.6.2 Well Type Vacuum Annealing Furnace
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 Plumbing Equipment Annealing
9.10.2 Mechanical Parts Annealing
9.10.3 Silicon Steel Sheet Annealing
9.10.4 Steel Annealing
9.10.5 Medical Equipment Annealing
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 Horizontal Vacuum Annealing Furnace
10.6.2 Well Type Vacuum Annealing Furnace
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 Plumbing Equipment Annealing
10.10.2 Mechanical Parts Annealing
10.10.3 Silicon Steel Sheet Annealing
10.10.4 Steel Annealing
10.10.5 Medical Equipment Annealing
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 Horizontal Vacuum Annealing Furnace
11.6.2 Well Type Vacuum Annealing Furnace
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 Plumbing Equipment Annealing
11.10.2 Mechanical Parts Annealing
11.10.3 Silicon Steel Sheet Annealing
11.10.4 Steel Annealing
11.10.5 Medical Equipment Annealing
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 Horizontal Vacuum Annealing Furnace
12.6.2 Well Type Vacuum Annealing Furnace
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 Plumbing Equipment Annealing
12.10.2 Mechanical Parts Annealing
12.10.3 Silicon Steel Sheet Annealing
12.10.4 Steel Annealing
12.10.5 Medical Equipment Annealing
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 Horizontal Vacuum Annealing Furnace
13.6.2 Well Type Vacuum Annealing Furnace
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 Plumbing Equipment Annealing
13.10.2 Mechanical Parts Annealing
13.10.3 Silicon Steel Sheet Annealing
13.10.4 Steel Annealing
13.10.5 Medical Equipment Annealing
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 Vacuum Annealing Furnace Market: Competitive Dashboard
14.2 Global Vacuum Annealing Furnace Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Carbolite Gero
14.3.2 ECM Technologies
14.3.3 Koyo Thermos Systems
14.3.4 Materials Research Furnaces
14.3.5 SECO/WARWICK Group
14.3.6 T-M Vacuum Products
14.3.7 Yield Engineering Systems
14.3.8 Systherms GmbH
14.3.9 Cieffe Forni Industriali
14.3.10 ALD
14.3.11 Carbolite Gero
