Market Overview:
The global vertical vacuum heat treatment 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 vacuum heat treatment furnaces in various end-use industries, such as industrial, semiconductor, and others. In terms of type, the single-chamber segment is expected to hold a major share of the global market during the forecast period. This can be attributed to its low cost and easy installation as compared to other types of vacuum heat treatment furnaces.
Product Definition:
Vertical Vacuum Heat Treatment Furnace is a furnace that uses vacuum to heat treat objects. The importance of Vertical Vacuum Heat Treatment Furnace is that it provides a more consistent and even heat distribution than traditional furnaces, which results in a higher quality finished product.
Single-chamber:
Single-chamber is a vacuum heat treatment furnace used for treating materials such as ferrous and non-ferrous metals, glass, ceramics, plastics & composites. The single chamber furnaces are widely used in the automotive industry to heat treat steel components. Vertical single-chamber furnaces have an advantage over horizontal ones in that they can be oriented vertically which helps save floor space and also enables the entry of larger parts into the chamber.
Two-chamber:
The two-chambered furnace is a type of vacuum heat treatment furnace used to heat metal parts in the absence of convective and radiant thermal radiation. The basic function of such furnaces is to control the temperature and control atmosphere around metal parts during various stages of manufacturing process. It provides an environment with reduced air movement, low oxygen content, and high carbon dioxide level along with minimal radiant heat.
Application Insights:
The industrial application segment dominated the global vertical vacuum heat treatment furnace market in 2017, accounting for over 60.0% share of the total revenue. The product is widely used to improve the mechanical properties of various materials including steel, aluminum and silicon alloys. It also helps in enhancing their corrosion resistance as well as strength by treating them with a protective layer of oxide film.
The semiconductor industry is one of the leading consumers of electronic devices across the globe owing to its high technological advancements and rapid growth rate over past few years. The industry requires highly skilled labor force which results in high demand for educationally-developed personnel every year throughout world history class universities and colleges imparting technical knowledge about electronics & IT related subjects at an undergraduate level & above degree levels globally thereby fueling upmarket product demand from this sector eventually driving overall market growth during forecast period till 2030 with CAGR around 8%.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid industrialization, which has led to an increasing demand for process equipment and a subsequent rise in processing activities across numerous industries. This, in turn, is anticipated to fuel product demand across various application segments including semiconductors and others.
The growing electronics industry owing to rising consumer spending on smartphones along with other gadgets is projected to be one of the major factors driving regional growth over the forecast period. China accounted for a major share of global electronics exports by virtue of low labor costs as well as proximity to export markets thus making it an attractive manufacturing destination for many players globally including Taiwan Semiconductor Manufacturing Company (TSMC), GlobalFoundries, Samsung Electronics Co., Ltd.
Growth Factors:
- Increasing demand for vacuum heat treatment furnace from the automotive and aerospace industries due to the growing need for lightweight and durable components.
- Rising demand for vacuum heat treatment furnace in the medical device industry due to its ability to produce high-quality products with low porosity and micro-cracks.
- Growing popularity of vacuum heat treatment furnace in the metalworking industry as it helps improve product quality, reduce manufacturing costs, and increase throughput.
- Increasing adoption of vacuum heat treatment furnace in research institutes and universities owing to its ability to provide superior performance over traditional heating methods such as gas or electric furnaces.
Scope Of The Report
Report Attributes
Report Details
Report Title
Vertical Vacuum Heat Treatment Furnace Market Research Report
By Type
Single-chamber, Two-chamber, Three-chamber, Others
By Application
Industrial, Semiconductor, Others
By Companies
Ipsen, ALD Vacuum Technologies, Tenova, ECM Technologies, SECO/Warwick, Japan Hayes, Solar Manufacturing, CI Hayes, Chugai Ro, VAC AERO, ULVAC, DOWA Thermotech, Metal Technology
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Vertical Vacuum Heat Treatment Furnace Market Report Segments:
The global Vertical Vacuum Heat Treatment Furnace market is segmented on the basis of:
Types
Single-chamber, Two-chamber, Three-chamber, Others
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
Industrial, Semiconductor, 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
- ALD Vacuum Technologies
- Tenova
- ECM Technologies
- SECO/Warwick
- Japan Hayes
- Solar Manufacturing
- CI Hayes
- Chugai Ro
- VAC AERO
- ULVAC
- DOWA Thermotech
- Metal Technology
Highlights of The Vertical Vacuum Heat Treatment 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:
- Single-chamber
- Two-chamber
- Three-chamber
- Others
- By Application:
- Industrial
- Semiconductor
- 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 Vertical Vacuum Heat Treatment 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Vertical vacuum heat treatment furnace is a type of industrial furnace used to treat metals. It uses a high-vacuum to remove impurities from the metal, which makes it easier for the metal to form an alloy.
Some of the major companies in the vertical vacuum heat treatment furnace market are Ipsen, ALD Vacuum Technologies, Tenova, ECM Technologies, SECO/Warwick, Japan Hayes, Solar Manufacturing, CI Hayes, Chugai Ro, VAC AERO, ULVAC, DOWA Thermotech, Metal Technology.
The vertical vacuum heat treatment 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 Vertical Vacuum Heat Treatment 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 Vertical Vacuum Heat Treatment Furnace Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Vertical Vacuum Heat Treatment 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 Vertical Vacuum Heat Treatment 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 Vertical Vacuum Heat Treatment Furnace Market Size & Forecast, 2018-2028
4.5.1 Vertical Vacuum Heat Treatment Furnace Market Size and Y-o-Y Growth
4.5.2 Vertical Vacuum Heat Treatment Furnace Market Absolute $ Opportunity
Chapter 5 Global Vertical Vacuum Heat Treatment Furnace 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 Vertical Vacuum Heat Treatment Furnace Market Size Forecast by Type
5.2.1 Single-chamber
5.2.2 Two-chamber
5.2.3 Three-chamber
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Vertical Vacuum Heat Treatment Furnace 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 Vertical Vacuum Heat Treatment Furnace Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Semiconductor
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vertical Vacuum Heat Treatment 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 Vertical Vacuum Heat Treatment 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 Vertical Vacuum Heat Treatment Furnace Analysis and Forecast
9.1 Introduction
9.2 North America Vertical Vacuum Heat Treatment Furnace 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 Vertical Vacuum Heat Treatment Furnace Market Size Forecast by Type
9.6.1 Single-chamber
9.6.2 Two-chamber
9.6.3 Three-chamber
9.6.4 Others
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 Vertical Vacuum Heat Treatment Furnace Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Semiconductor
9.10.3 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 Vertical Vacuum Heat Treatment Furnace Analysis and Forecast
10.1 Introduction
10.2 Europe Vertical Vacuum Heat Treatment Furnace 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 Vertical Vacuum Heat Treatment Furnace Market Size Forecast by Type
10.6.1 Single-chamber
10.6.2 Two-chamber
10.6.3 Three-chamber
10.6.4 Others
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 Vertical Vacuum Heat Treatment Furnace Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Semiconductor
10.10.3 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 Vertical Vacuum Heat Treatment Furnace Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Vertical Vacuum Heat Treatment Furnace 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 Vertical Vacuum Heat Treatment Furnace Market Size Forecast by Type
11.6.1 Single-chamber
11.6.2 Two-chamber
11.6.3 Three-chamber
11.6.4 Others
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 Vertical Vacuum Heat Treatment Furnace Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Semiconductor
11.10.3 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 Vertical Vacuum Heat Treatment Furnace Analysis and Forecast
12.1 Introduction
12.2 Latin America Vertical Vacuum Heat Treatment Furnace 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 Vertical Vacuum Heat Treatment Furnace Market Size Forecast by Type
12.6.1 Single-chamber
12.6.2 Two-chamber
12.6.3 Three-chamber
12.6.4 Others
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 Vertical Vacuum Heat Treatment Furnace Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Semiconductor
12.10.3 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) Vertical Vacuum Heat Treatment Furnace Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Vertical Vacuum Heat Treatment Furnace 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) Vertical Vacuum Heat Treatment Furnace Market Size Forecast by Type
13.6.1 Single-chamber
13.6.2 Two-chamber
13.6.3 Three-chamber
13.6.4 Others
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) Vertical Vacuum Heat Treatment Furnace Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Semiconductor
13.10.3 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 Vertical Vacuum Heat Treatment Furnace Market: Competitive Dashboard
14.2 Global Vertical Vacuum Heat Treatment Furnace Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ipsen
14.3.2 ALD Vacuum Technologies
14.3.3 Tenova
14.3.4 ECM Technologies
14.3.5 SECO/Warwick
14.3.6 Japan Hayes
14.3.7 Solar Manufacturing
14.3.8 CI Hayes
14.3.9 Chugai Ro
14.3.10 VAC AERO
14.3.11 ULVAC
14.3.12 DOWA Thermotech
14.3.13 Metal Technology
