Market Overview:
The Global Vacuum Quench Furnaces Market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The vacuum quench furnaces market is segmented on the basis of type, application and region. On the basis of type, the vacuum quench furnaces market is segmented into vacuum oil quenching furnace and vacuum gas quenching furnace. The vacuum oil quenching furnace segment is expected to dominate the global Vacuum Quench Furnaces Market with a share of more than 60% by 2030 owing to its high efficiency and ability to achieve quick cooling rates as compared to other types of furnaces available in the market.
Product Definition:
A vacuum quench furnace is a type of furnace that uses a vacuum to cool objects. This type of furnace is important because it can produce high quality products while using less energy than traditional furnaces.
Vacuum Oil Quenching Furnace:
VQF Market Size, Share & Trends Analysis Report By Application (Automotive, Aerospace), By Region (North America, Europe, Asia Pacific), And Segment Forecasts, 2019 - 2025 -> The global vacuum oil quenching furnace market size was valued at USD 8.5 million in 2018 and is expected to grow at a compound annual growth rate (CAGR) of 4.8% from 2019 to 2025.
Vacuum Gas Quenching Furnace:
Vacuum gas quenching (VGQ) furnace is a new concept in steelmaking technology. It uses pure oxygen and nitrogen to remove moisture from hot steel and allow it to cool slowly. The process reduces the carbon dioxide, sulfur, and other impurities that contribute to corrosion.
Application Insights:
The vacuum quenching application segment dominated the global market in terms of revenue share in 2017. Vacuum oil quenching furnaces are used for cooling and tempering of steel, iron & steel alloys, non-ferrous metal, glass fiber reinforced plastics (GFRP), superalloys and other engineering materials. The product is used to provide wear resistance, hardness, strength and corrosion resistance on these materials during manufacturing processes such as cutting operations or drilling.
Vacuum gas quench furnaces are majorly used for treatment of aluminum alloys to improve their mechanical properties along with reducing costs by eliminating the requirement for annealing equipment.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand for high-quality steel from various end-use industries, such as automotive, aerospace, construction, energy industry. In addition, rising investments by governments in developing infrastructure are expected to drive product demand further.
The Asia Pacific market was followed by Europe which accounted for a share of more than 20% in 2017 owing to growing product adoption across several end-use industries coupled with stringent government regulations regarding environment protection and safety standards at work place. Moreover, increasing R&D activities related to steel production are anticipated to fuel regional growth over the next eight years.
Growth Factors:
- Increasing demand for vacuum quench furnaces from the automotive and aerospace industries due to their ability to produce high-quality components with precise dimensional tolerances.
- Growing popularity of vacuum quench furnaces in the medical device industry as they can be used for heat treatment and surface hardening of medical implants and surgical instruments.
- Rising demand for vacuum quench furnaces from the semiconductor industry as they are used for thermal processing of silicon wafers, which helps improve their performance and yield rates.
- Increasing use of vacuum quench furnaces in research institutes and universities for various applications such as annealing, tempering, stress relief, etc., which is helping to expand the overall market size.
Scope Of The Report
Report Attributes
Report Details
Report Title
Vacuum Quench Furnaces Market Research Report
By Type
Vacuum Oil Quenching Furnace, Vacuum Gas Quenching Furnace
By Application
Vacuum Quenching, Vacuum Tempering, Vacuum Annealing, Precipitation Treatment
By Companies
Ipsen, Lakshmi Vacuum Technologies, Solar Manufacturing, SECO/Warwick, ALD Vacuum Systems, BMI Fours Industriels, C.I. Hayes, Shimadzu Industrial System, Ipsen
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Vacuum Quench Furnaces Market Report Segments:
The global Vacuum Quench Furnaces market is segmented on the basis of:
Types
Vacuum Oil Quenching Furnace, Vacuum Gas Quenching 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
Vacuum Quenching, Vacuum Tempering, Vacuum Annealing, Precipitation Treatment
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
- Lakshmi Vacuum Technologies
- Solar Manufacturing
- SECO/Warwick
- ALD Vacuum Systems
- BMI Fours Industriels
- C.I. Hayes
- Shimadzu Industrial System
- Ipsen
Highlights of The Vacuum Quench 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:
- Vacuum Oil Quenching Furnace
- Vacuum Gas Quenching Furnace
- By Application:
- Vacuum Quenching
- Vacuum Tempering
- Vacuum Annealing
- Precipitation Treatment
- 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 Quench 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:
- Correctly Positioning New Products
- Market Entry Strategies
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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 quench furnace is a type of furnace used to temper and harden metals. The metal is heated until it reaches its molten state, and then it is rapidly cooled using a vacuum. This process makes the metal very hard and resistant to wear.
Some of the major companies in the vacuum quench furnaces market are Ipsen, Lakshmi Vacuum Technologies, Solar Manufacturing, SECO/Warwick, ALD Vacuum Systems, BMI Fours Industriels, C.I. Hayes, Shimadzu Industrial System, Ipsen.
The vacuum quench 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 Quench 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 Quench Furnaces Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Vacuum Quench 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 Quench 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 Quench Furnaces Market Size & Forecast, 2020-2028
4.5.1 Vacuum Quench Furnaces Market Size and Y-o-Y Growth
4.5.2 Vacuum Quench 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 Vacuum Oil Quenching Furnace
5.2.2 Vacuum Gas Quenching 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 Vacuum Quenching
6.2.2 Vacuum Tempering
6.2.3 Vacuum Annealing
6.2.4 Precipitation Treatment
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vacuum Quench 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 Quench 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 Vacuum Oil Quenching Furnace
9.6.2 Vacuum Gas Quenching 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 Vacuum Quenching
9.10.2 Vacuum Tempering
9.10.3 Vacuum Annealing
9.10.4 Precipitation Treatment
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 Oil Quenching Furnace
10.6.2 Vacuum Gas Quenching 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 Vacuum Quenching
10.10.2 Vacuum Tempering
10.10.3 Vacuum Annealing
10.10.4 Precipitation Treatment
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 Oil Quenching Furnace
11.6.2 Vacuum Gas Quenching 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 Vacuum Quenching
11.10.2 Vacuum Tempering
11.10.3 Vacuum Annealing
11.10.4 Precipitation Treatment
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 Oil Quenching Furnace
12.6.2 Vacuum Gas Quenching 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 Vacuum Quenching
12.10.2 Vacuum Tempering
12.10.3 Vacuum Annealing
12.10.4 Precipitation Treatment
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 Oil Quenching Furnace
13.6.2 Vacuum Gas Quenching 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 Vacuum Quenching
13.10.2 Vacuum Tempering
13.10.3 Vacuum Annealing
13.10.4 Precipitation Treatment
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 Quench Furnaces Market: Competitive Dashboard
14.2 Global Vacuum Quench Furnaces Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ipsen
14.3.2 Lakshmi Vacuum Technologies
14.3.3 Solar Manufacturing
14.3.4 SECO/Warwick
14.3.5 ALD Vacuum Systems
14.3.6 BMI Fours Industriels
14.3.7 C.I. Hayes
14.3.8 Shimadzu Industrial System
14.3.9 Ipsen
