Market Overview:
The global vertical vacuum 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 furnaces in various end-use industries such as aerospace, automotive, tool & die, power generation and others. In terms of type, the single chamber vacuum furnaces 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 furnaces.
Product Definition:
Vertical vacuum furnaces are a type of furnace that is used to heat and melt materials. They use a vacuum to help heat the material, which can result in a higher quality product.
Single Chamber Vacuum Furnaces:
Single chamber vacuum furnace is a type of vertical vacuum furnace used for heating and processing materials. It’s also known as one-chamber or single-chambered furnace. The basic operation of the machine includes loading material, closing chamber door and then heating to processing temperature using convection or radiation method.
Double Chamber Vacuum Furnaces:
Double chamber vacuum furnace is a type of vacuum kiln which has two independent chambers, one above the other. The upper chamber or cavity is where the raw material is placed and below it there exists an inner firebrick lining which creates a seal between both chambers. As soon as the door to the lower chamber opens, all oxygen present in the atmosphere gets replaced with carbon dioxide from above through a pipe. This process continues until wood or charcoal filled materials are consumed into ash.
Application Insights:
The automotive application segment accounted for the largest revenue share 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 lightweight materials, such as aluminum and magnesium, in the industry. In addition, vertical vacuum furnaces are used to melt waste from casting processes during manufacturing of automotive components or body panels. These factors are expected to drive their demand in this application segment over the coming years.
The aerospace sector is anticipated to witness significant growth owing to rising passenger traffic on commercial aircrafts coupled with rapid expansion of air transportation services across various regions worldwide due largely but not exclusively new markets such as China.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of major aircraft manufacturers such as Boeing and Lockheed Martin. The aerospace industry is expected to witness significant growth over the forecast period, thereby driving regional product demand. Furthermore, increasing investments in R&D for developing advanced products are anticipated to fuel market growth over the next eight years.
Asia Pacific is projected to be one of the fastest-growing markets during the forecast period owing to rapid industrialization and growing population in countries such as China and India.
The Middle East & Africa region has witnessed an increase in automotive production due its large oil & gas sector which includes power generation equipment used for drilling wells and producing oil fields thus propelling market growth over next eight years.
Growth Factors:
- Increasing demand for vacuum furnaces from the automotive and aerospace industries due to their ability to produce high-quality products with tight tolerances.
- Growing popularity of vacuum furnace technology in the medical device and semiconductor industries due to its ability to produce superior quality products with low levels of defects.
- Rising demand for vacuum furnaces from the energy sector as they are used in the production of solar cells, LED lights, and other energy-efficient technologies.
- Increasing use of vacuum furnaces in research and development laboratories as they can be used for a wide range of applications such as heat treatment, annealing, brazing, sintering, etc.
Scope Of The Report
Report Attributes
Report Details
Report Title
Vertical Vacuum Furnaces Market Research Report
By Type
Single Chamber Vacuum Furnaces, Double Chamber Vacuum Furnaces, Multi Chamber Vacuum Furnaces
By Application
Aerospace, Automotive, Tool & Die, Power Generation, Others
By Companies
Ipsen, Tenova, IHI Machinery and Furnace, ALD Vacuum Technologies, ECM Technologies, Seco/Warwick, Gasbarre, Centorr Vacuum Industries, Solar Manufacturing, G-M Enterprises, ULVAC, Chugai Ro Co., Ltd., VAC AERO, IVA Schmetz, Huahaizhongyi, BVF, Hengjin Vacuum, Huarui, Beijing Huaxiang, HHV, TAV Vacuum Furnaces, Cieffe Thermal Systems, BMI Fours Industriels, Verizon (Taicang) Vacuum Technology, Rankuum Machinery
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Vertical Vacuum Furnaces Market Report Segments:
The global Vertical Vacuum Furnaces market is segmented on the basis of:
Types
Single Chamber Vacuum Furnaces, Double Chamber Vacuum Furnaces, Multi Chamber Vacuum Furnaces
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, Automotive, Tool & Die, Power Generation, 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
- Tenova
- IHI Machinery and Furnace
- ALD Vacuum Technologies
- ECM Technologies
- Seco/Warwick
- Gasbarre
- Centorr Vacuum Industries
- Solar Manufacturing
- G-M Enterprises
- ULVAC
- Chugai Ro Co., Ltd.
- VAC AERO
- IVA Schmetz
- Huahaizhongyi
- BVF
- Hengjin Vacuum
- Huarui
- Beijing Huaxiang
- HHV
- TAV Vacuum Furnaces
- Cieffe Thermal Systems
- BMI Fours Industriels
- Verizon (Taicang) Vacuum Technology
- Rankuum Machinery
Highlights of The Vertical Vacuum 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:
- Single Chamber Vacuum Furnaces
- Double Chamber Vacuum Furnaces
- Multi Chamber Vacuum Furnaces
- By Application:
- Aerospace
- Automotive
- Tool & Die
- Power Generation
- 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 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.
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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?
Vertical vacuum furnaces are used to produce high-quality glass products. The furnace is placed in a vertical position, which allows the heat to reach the glass more easily. This results in a higher quality product that is less likely to break or shatter.
Some of the major companies in the vertical vacuum furnaces market are Ipsen, Tenova, IHI Machinery and Furnace, ALD Vacuum Technologies, ECM Technologies, Seco/Warwick, Gasbarre, Centorr Vacuum Industries, Solar Manufacturing, G-M Enterprises, ULVAC, Chugai Ro Co., Ltd., VAC AERO, IVA Schmetz, Huahaizhongyi, BVF, Hengjin Vacuum, Huarui, Beijing Huaxiang, HHV, TAV Vacuum Furnaces, Cieffe Thermal Systems, BMI Fours Industriels, Verizon (Taicang) Vacuum Technology, Rankuum Machinery.
The vertical vacuum furnaces market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Vertical Vacuum Furnaces Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Vertical Vacuum Furnaces Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Vertical Vacuum Furnaces Market - Supply Chain
4.5. Global Vertical Vacuum Furnaces Market Forecast
4.5.1. Vertical Vacuum Furnaces Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Vertical Vacuum Furnaces Market Size (000 Units) and Y-o-Y Growth
4.5.3. Vertical Vacuum Furnaces Market Absolute $ Opportunity
5. Global Vertical Vacuum Furnaces Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Vertical Vacuum Furnaces Market Size and Volume Forecast by Type
5.3.1. Single Chamber Vacuum Furnaces
5.3.2. Double Chamber Vacuum Furnaces
5.3.3. Multi Chamber Vacuum Furnaces
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Vertical Vacuum Furnaces Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Vertical Vacuum Furnaces Market Size and Volume Forecast by Application
6.3.1. Aerospace
6.3.2. Automotive
6.3.3. Tool & Die
6.3.4. Power Generation
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Vertical Vacuum Furnaces Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Vertical Vacuum Furnaces Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Vertical Vacuum Furnaces Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Vertical Vacuum Furnaces Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Vertical Vacuum Furnaces Demand Share Forecast, 2019-2026
9. North America Vertical Vacuum Furnaces Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Vertical Vacuum Furnaces Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Vertical Vacuum Furnaces Market Size and Volume Forecast by Application
9.4.1. Aerospace
9.4.2. Automotive
9.4.3. Tool & Die
9.4.4. Power Generation
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Vertical Vacuum Furnaces Market Size and Volume Forecast by Type
9.7.1. Single Chamber Vacuum Furnaces
9.7.2. Double Chamber Vacuum Furnaces
9.7.3. Multi Chamber Vacuum Furnaces
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Vertical Vacuum Furnaces Demand Share Forecast, 2019-2026
10. Latin America Vertical Vacuum Furnaces Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Vertical Vacuum Furnaces Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Vertical Vacuum Furnaces Market Size and Volume Forecast by Application
10.4.1. Aerospace
10.4.2. Automotive
10.4.3. Tool & Die
10.4.4. Power Generation
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Vertical Vacuum Furnaces Market Size and Volume Forecast by Type
10.7.1. Single Chamber Vacuum Furnaces
10.7.2. Double Chamber Vacuum Furnaces
10.7.3. Multi Chamber Vacuum Furnaces
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Vertical Vacuum Furnaces Demand Share Forecast, 2019-2026
11. Europe Vertical Vacuum Furnaces Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Vertical Vacuum Furnaces Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Vertical Vacuum Furnaces Market Size and Volume Forecast by Application
11.4.1. Aerospace
11.4.2. Automotive
11.4.3. Tool & Die
11.4.4. Power Generation
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Vertical Vacuum Furnaces Market Size and Volume Forecast by Type
11.7.1. Single Chamber Vacuum Furnaces
11.7.2. Double Chamber Vacuum Furnaces
11.7.3. Multi Chamber Vacuum Furnaces
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Vertical Vacuum Furnaces Demand Share, 2019-2026
12. Asia Pacific Vertical Vacuum Furnaces Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Vertical Vacuum Furnaces Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Vertical Vacuum Furnaces Market Size and Volume Forecast by Application
12.4.1. Aerospace
12.4.2. Automotive
12.4.3. Tool & Die
12.4.4. Power Generation
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Vertical Vacuum Furnaces Market Size and Volume Forecast by Type
12.7.1. Single Chamber Vacuum Furnaces
12.7.2. Double Chamber Vacuum Furnaces
12.7.3. Multi Chamber Vacuum Furnaces
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Vertical Vacuum Furnaces Demand Share, 2019-2026
13. Middle East & Africa Vertical Vacuum Furnaces Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Vertical Vacuum Furnaces Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Vertical Vacuum Furnaces Market Size and Volume Forecast by Application
13.4.1. Aerospace
13.4.2. Automotive
13.4.3. Tool & Die
13.4.4. Power Generation
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Vertical Vacuum Furnaces Market Size and Volume Forecast by Type
13.7.1. Single Chamber Vacuum Furnaces
13.7.2. Double Chamber Vacuum Furnaces
13.7.3. Multi Chamber Vacuum Furnaces
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Vertical Vacuum Furnaces Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Vertical Vacuum Furnaces Market: Market Share Analysis
14.2. Vertical Vacuum Furnaces Distributors and Customers
14.3. Vertical Vacuum Furnaces Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Ipsen
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Tenova
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. IHI Machinery and Furnace
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. ALD Vacuum Technologies
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. ECM Technologies
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Seco/Warwick
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Gasbarre
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Centorr Vacuum Industries
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Solar Manufacturing
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. G-M Enterprises
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. ULVAC
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Chugai Ro Co., Ltd.
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. VAC AERO
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. IVA Schmetz
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Huahaizhongyi
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. BVF
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Hengjin Vacuum
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Huarui
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Beijing Huaxiang
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. HHV
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
