Market Overview:
The global vacuum heat treatment furnace systems 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 heat treatment furnace systems in the automotive and tool & die applications. In terms of type, the single chamber segment is expected to hold a major share of the global vacuum heat treatment furnace systems market during the forecast period. However, double chamber and multi-chamber segments are also projected to witness significant growth during the forecast period owing to their growing demand in various end-use industries. In terms of region, North America is estimated to account for a major share of the global vacuum heat treatment furnace systems market in 2018 followed by Europe and Asia Pacific regions respectively.
Product Definition:
A vacuum furnace system is a type of furnace that uses a vacuum to heat objects. This type of furnace can reach high temperatures and is often used for heat treating metals. The importance of vacuum furnaces lies in their ability to produce very high temperatures without the use of flames or other sources of combustion. This makes them an ideal choice for heat treating delicate objects that cannot withstand the intense heat produced by traditional furnaces.
Single Chamber:
Single chamber is a type of vacuum heat treatment furnace used to heat materials such as steel, cast iron and others. The single chamber system has one door for entry and exit of materials which reduces the risk of material contamination. Single-chamber furnaces are mainly used in automotive industries for processing aluminum alloys, copper alloys, steel & their various alloy components during solidification processes.
Double Chamber:
Double chamber is a type of vacuum heat treatment furnace system. It consists of two separate chambers, one for heating and the other for cooling. The purpose is to provide even temperature distribution in both chambers unlike single chamber systems where hot air or gas collects at one end and cold air or liquid collects at the other end resulting in an uneven temperature distribution which can damage certain materials such as cast iron, steel alloys, silicon alloys etc.
Application Insights:
The automotive application segment led the global market 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 vehicles across various regions, including Asia Pacific, North America and Europe. Automotive production is one of the major industries in most countries; thus offering numerous opportunities for vendors across the world.
Automotive production has witnessed significant growth over recent years owing to increasing consumer preference for sports utility vehicles (SUVs) with enhanced features and safety standards coupled with government initiatives promoting fuel efficiency through reduced vehicle weightage on roads leading to increased sales of passenger cars as well as light commercial vehicles (LCVs). This trend is expected continue during the forecast period which will further propel industry expansion over next few years.
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 emerged as the largest consumer of vacuum heat treatment furnaces globally on account of its rapidly expanding automotive sector. The country was followed by Japan, which accounted for over 25% share in terms of consumption that year.
Europe is anticipated to witness steady growth over the forecast period owing to high demand from several major industries including aerospace and defense, electronics and medical equipment among others.
Growth Factors:
- Increasing demand for vacuum heat treatment furnace systems from the automotive and aerospace industries due to the growing need for lightweight and durable components.
- The increasing popularity of vacuum heat treatment furnace systems among small- and medium-sized enterprises (SMEs) due to their low cost of ownership and easy operability.
- Growing demand for vacuum heat treatment furnace systems in the medical device industry to improve product quality and durability.
- Rising adoption of vacuum heat treatment furnace systems in the metalworking industry to achieve better surface finish, dimensional accuracy, and improved mechanical properties in parts manufacturing operations.
Scope Of The Report
Report Attributes
Report Details
Report Title
Vacuum Heat Treatment Furnace Systems Market Research Report
By Type
Single Chamber, Double Chamber, Multi Chamber
By Application
Automotive, Tool & Die
By Companies
ECM, ALD Vacuum Technologies, Ipsen, SECO/WARWICK, Tenova, IHI(Hayes), Chugai-ro, Solar Mfg, C.I. Hayes, BVF, 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
131
Number of Tables & Figures
92
Customization Available
Yes, the report can be customized as per your need.
Global Vacuum Heat Treatment Furnace Systems Market Report Segments:
The global Vacuum Heat Treatment Furnace Systems market is segmented on the basis of:
Types
Single Chamber, Double Chamber, Multi Chamber
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
Automotive, Tool & Die
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:
- ECM
- ALD Vacuum Technologies
- Ipsen
- SECO/WARWICK
- Tenova
- IHI(Hayes)
- Chugai-ro
- Solar Mfg
- C.I. Hayes
- BVF
- Huahaizhongyi
Highlights of The Vacuum Heat Treatment Furnace Systems 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:
- Single Chamber
- Double Chamber
- Multi Chamber
- By Application:
- Automotive
- Tool & Die
- 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 Heat Treatment Furnace Systems 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
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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 heat treatment furnace system is a type of industrial furnace that uses a high-vacuum to heat metal objects. The high vacuum removes the air from the metal, which then becomes very hot and can be easily worked. This process is used to make parts for aircraft, cars, and other large objects.
Some of the major players in the vacuum heat treatment furnace systems market are ECM, ALD Vacuum Technologies, Ipsen, SECO/WARWICK, Tenova, IHI(Hayes), Chugai-ro, Solar Mfg, C.I. Hayes, BVF, Huahaizhongyi.
The vacuum heat treatment furnace systems 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 Heat Treatment Furnace Systems 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 Heat Treatment Furnace Systems Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Vacuum Heat Treatment Furnace Systems 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 Heat Treatment Furnace Systems 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 Heat Treatment Furnace Systems Market Size & Forecast, 2018-2028
4.5.1 Vacuum Heat Treatment Furnace Systems Market Size and Y-o-Y Growth
4.5.2 Vacuum Heat Treatment Furnace Systems Market Absolute $ Opportunity
Chapter 5 Global Vacuum Heat Treatment Furnace Systems 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 Vacuum Heat Treatment Furnace Systems Market Size Forecast by Type
5.2.1 Single Chamber
5.2.2 Double Chamber
5.2.3 Multi Chamber
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Vacuum Heat Treatment Furnace Systems 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 Vacuum Heat Treatment Furnace Systems Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Tool & Die
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vacuum Heat Treatment Furnace Systems 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 Heat Treatment Furnace Systems 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 Vacuum Heat Treatment Furnace Systems Analysis and Forecast
9.1 Introduction
9.2 North America Vacuum Heat Treatment Furnace Systems 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 Vacuum Heat Treatment Furnace Systems Market Size Forecast by Type
9.6.1 Single Chamber
9.6.2 Double Chamber
9.6.3 Multi Chamber
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 Vacuum Heat Treatment Furnace Systems Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Tool & Die
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 Vacuum Heat Treatment Furnace Systems Analysis and Forecast
10.1 Introduction
10.2 Europe Vacuum Heat Treatment Furnace Systems 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 Vacuum Heat Treatment Furnace Systems Market Size Forecast by Type
10.6.1 Single Chamber
10.6.2 Double Chamber
10.6.3 Multi Chamber
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 Vacuum Heat Treatment Furnace Systems Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Tool & Die
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 Vacuum Heat Treatment Furnace Systems Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Vacuum Heat Treatment Furnace Systems 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 Vacuum Heat Treatment Furnace Systems Market Size Forecast by Type
11.6.1 Single Chamber
11.6.2 Double Chamber
11.6.3 Multi Chamber
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 Vacuum Heat Treatment Furnace Systems Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Tool & Die
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 Vacuum Heat Treatment Furnace Systems Analysis and Forecast
12.1 Introduction
12.2 Latin America Vacuum Heat Treatment Furnace Systems 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 Vacuum Heat Treatment Furnace Systems Market Size Forecast by Type
12.6.1 Single Chamber
12.6.2 Double Chamber
12.6.3 Multi Chamber
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 Vacuum Heat Treatment Furnace Systems Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Tool & Die
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) Vacuum Heat Treatment Furnace Systems Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Vacuum Heat Treatment Furnace Systems 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) Vacuum Heat Treatment Furnace Systems Market Size Forecast by Type
13.6.1 Single Chamber
13.6.2 Double Chamber
13.6.3 Multi Chamber
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) Vacuum Heat Treatment Furnace Systems Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Tool & Die
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 Heat Treatment Furnace Systems Market: Competitive Dashboard
14.2 Global Vacuum Heat Treatment Furnace Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ECM
14.3.2 ALD Vacuum Technologies
14.3.3 Ipsen
14.3.4 SECO/WARWICK
14.3.5 Tenova
14.3.6 IHI(Hayes)
14.3.7 Chugai-ro
14.3.8 Solar Mfg
14.3.9 C.I. Hayes
14.3.10 BVF
14.3.11 Huahaizhongyi
