Market Overview:
The Global Vacuum CAP Furnaces 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 vacuum CAP furnaces in the aerospace, biomedical science, special metals and steel, and military applications. North America is expected to lead the market during the forecast period owing to the presence of key players in this region and rising demand for vacuum CAP furnaces from end-use industries. Asia Pacific is projected to be fastest growing region during the forecast period due to increasing investments by leading players in this region and rising demand for vacuum CAP furnaces from end-use industries such as automotive and electronics.
Product Definition:
A vacuum CAP furnace is a furnace in which the atmosphere has been evacuated and replaced with a gas or gases of lower pressure. Vacuum CAP furnaces are used to produce very high-quality products by heating the workpiece to its melting point and then cooling it rapidly.
1-6MT:
1-6MT is a type of Vacuum CAP (Carbonitride or Nitrided) Furnace used for steel melting. It has advantages over the traditional methods such as saving energy, time and cost. The process takes less time to reach the temperature required for melting metal, it uses less fuelwood and there is no longer a need to dispose of waste heat by baking the furnace which results in lower carbon emissions into the atmosphere.
6-20MT:
6-20MT is a methylated seed oil that has been used in the manufacturing of vacuum capping furnaces. It helps to control and monitor temperature, gas emissions & humidity levels in the furnace during the production process. The product also provides protection from fire hazards as well as it helps to improve energy efficiency of equipment by reducing heat loss due to its high smoke point property.
Application Insights:
The aerospace application segment accounted for the largest share of over 30.0% in 2017 and is projected to witness significant growth over the forecast period. The vacuum furnaces are used to melt a variety of metal alloys, including aluminum, magnesium, titanium and steel. These alloys are used in aircraft structures owing to their lightweight properties that reduce fuel consumption and increase range.
Vacuum furnaces also have applications in biomedical science for melting metals such as gold, silver, lead & cadmium from medical waste & scrap that are required for recycling purposes or for producing new products such as pacemakers and surgical tools.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030. The growth in this region is attributed to increasing demand for medical equipment and components as well as rapid expansion of automotive production in countries such as China, India, Thailand, and Indonesia. In addition, rising defense spending by countries such as China and India are anticipated to drive the demand for special metallurgy products over the forecast period.
The North America market accounted for a share of more than 25% in 2017 owing to high investments made by governments towards aerospace & defense industry coupled with growing biomedical science research sector across U.S., Canada, Mexico has led this region being an emerging hub for vacuum equipment manufacturing globally. Moreover; favorable government policies promoting R&D activities along with high healthcare expenditure levels have also contributed significantly towards regional growth rate since 2012 (USD X trillion annually).
Growth Factors:
- Increasing demand for vacuum CAP furnaces from the semiconductor industry for advanced packaging and wafer testing applications is expected to drive the market growth.
- Growing demand for vacuum CAP furnaces from the medical device industry due to its ability to produce small, high-quality parts is another key factor that is expected to fuel market growth over the forecast period.
- The increasing popularity of 3D printing technology is also anticipated to create opportunities for the vacuum CAP furnace market during the forecast period.
- Rising investments in research and development activities by leading players in order to develop new products and technologies are likely to propel market growth over the next few years. 5) The growing trend of miniaturization across various industries is also projectedto boost demandforvacuumCAPfurnacesin thenear future
Scope Of The Report
Report Attributes
Report Details
Report Title
Vacuum CAP Furnaces Market Research Report
By Type
1-6MT, 6-20MT, 20-30MT
By Application
Aerospace, Biomedical Science, Special M0etals And Steel, Military
By Companies
Inductotherm Corp, Standardkessel GmbH, CVS Technologies, ALD Vacuum Technologies GmbH, ECM Technologies, ULVAC Inc, Voestalpine, Hezhi Melting Equipment (Shanghai) Co Ltd, Shanghai Xinlanhai Automation Technology Co Ltd, Suzhou Zhenwu Electric Furnace Co Ltd, SIMUWU (Shanghai Gehang Vacuum Technology Co Ltd)
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
172
Number of Tables & Figures
121
Customization Available
Yes, the report can be customized as per your need.
Global Vacuum CAP Furnaces Market Report Segments:
The global Vacuum CAP Furnaces market is segmented on the basis of:
Types
1-6MT, 6-20MT, 20-30MT
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, Biomedical Science, Special M0etals And Steel, Military
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:
- Inductotherm Corp
- Standardkessel GmbH
- CVS Technologies
- ALD Vacuum Technologies GmbH
- ECM Technologies
- ULVAC Inc
- Voestalpine
- Hezhi Melting Equipment (Shanghai) Co Ltd
- Shanghai Xinlanhai Automation Technology Co Ltd
- Suzhou Zhenwu Electric Furnace Co Ltd
- SIMUWU (Shanghai Gehang Vacuum Technology Co Ltd)
Highlights of The Vacuum CAP Furnaces 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:
- 1-6MT
- 6-20MT
- 20-30MT
- By Application:
- Aerospace
- Biomedical Science
- Special M0etals And Steel
- Military
- 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 CAP Furnaces 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 cap furnace is a type of gas-fired thermal power plant that uses a vacuum to heat the air in the furnace. The heated air then burns the fuel, producing heat and electricity. Vacuum cap furnaces are used to produce high temperatures (above 1,000 degrees Celsius) for metalsworking processes such as forging or casting.
Some of the major companies in the vacuum cap furnaces market are Inductotherm Corp, Standardkessel GmbH, CVS Technologies, ALD Vacuum Technologies GmbH, ECM Technologies, ULVAC Inc, Voestalpine, Hezhi Melting Equipment (Shanghai) Co Ltd, Shanghai Xinlanhai Automation Technology Co Ltd, Suzhou Zhenwu Electric Furnace Co Ltd, SIMUWU (Shanghai Gehang Vacuum Technology Co Ltd).
The vacuum cap furnaces 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 CAP Furnaces 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 CAP Furnaces Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Vacuum CAP Furnaces 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 CAP Furnaces 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 CAP Furnaces Market Size & Forecast, 2020-2028
4.5.1 Vacuum CAP Furnaces Market Size and Y-o-Y Growth
4.5.2 Vacuum CAP Furnaces 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 1-6MT
5.2.2 6-20MT
5.2.3 20-30MT
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 Biomedical Science
6.2.3 Special M0etals And Steel
6.2.4 Military
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vacuum CAP Furnaces 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 CAP Furnaces 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 1-6MT
9.6.2 6-20MT
9.6.3 20-30MT
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 Biomedical Science
9.10.3 Special M0etals And Steel
9.10.4 Military
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 1-6MT
10.6.2 6-20MT
10.6.3 20-30MT
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 Biomedical Science
10.10.3 Special M0etals And Steel
10.10.4 Military
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 1-6MT
11.6.2 6-20MT
11.6.3 20-30MT
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 Biomedical Science
11.10.3 Special M0etals And Steel
11.10.4 Military
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 1-6MT
12.6.2 6-20MT
12.6.3 20-30MT
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 Biomedical Science
12.10.3 Special M0etals And Steel
12.10.4 Military
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 1-6MT
13.6.2 6-20MT
13.6.3 20-30MT
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 Biomedical Science
13.10.3 Special M0etals And Steel
13.10.4 Military
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 CAP Furnaces Market: Competitive Dashboard
14.2 Global Vacuum CAP Furnaces Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Inductotherm Corp
14.3.2 Standardkessel GmbH
14.3.3 CVS Technologies
14.3.4 ALD Vacuum Technologies GmbH
14.3.5 ECM Technologies
14.3.6 ULVAC Inc
14.3.7 Voestalpine
14.3.8 Hezhi Melting Equipment (Shanghai) Co Ltd
14.3.9 Shanghai Xinlanhai Automation Technology Co Ltd
14.3.10 Suzhou Zhenwu Electric Furnace Co Ltd
14.3.11 SIMUWU (Shanghai Gehang Vacuum Technology Co Ltd)
