Global Vacuum Induction Melting Furnace VIM Market Research Report 2023(Status and Outlook)

Global Vacuum Induction Melting Furnace VIM Market Research Report 2023(Status and Outlook)

Report Overview

Vacuum induction melting (VIM) utilizes electric currents to melt metal within a vacuum. The first prototype was developed in 1920. Induction heating induces eddy currents within conductors. Eddy currents create heating effects to melt the metal. Vacuum induction melting has been used in both the aerospace and nuclear industries.

The global well-known brands in Vacuum Induction Melting Furnace (VIM)

market include ALD Vacuum Technologies(17.03%) , ULVAC(9.67%) , ECM(5.97%) , Secowarwick(5.69%) , Inductotherm Group (Consarc)(4.68%) , OTTO Junker GmbH(4.24%), PVA IVS GmbH(3.70%) , HHV(2.07%) , Therelek(1.81%) , Shenyang Jinyan(1.50%) , Hengjin(1.46%) , SIMUWU(1.22%) , Topcast(0.77%) , Ecco High Frequency(0.57%) and Others(39.63%).

Based on the Vacuum Induction Melting Furnace (VIM) application, the market is sub-segmented into Aerospace, Military, Electronics, Power Engineering, etc.

In terms of types, all Vacuum Induction Melting Furnace (VIM) can be divided into Below 100 Kg, 100Kg - 500Kg and Above 500Kg.

On basis of geography, the Vacuum Induction Melting Furnace (VIM) is manufactured in India, North America, Europe and Japan.

The Global Vacuum Induction Melting Furnace VIM Market Size was estimated at USD 96.60 million in 2022 and is projected to reach USD 123.74 million by 2029, exhibiting a CAGR of 3.60% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Vacuum Induction Melting Furnace VIM market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Vacuum Induction Melting Furnace VIM Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Vacuum Induction Melting Furnace VIM market in any manner.

Global Vacuum Induction Melting Furnace VIM Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

ALD Vacuum Technologies

ULVAC

ECM

Secowarwick

Inductotherm Group (Consarc）

OTTO Junker GmbH

PVA IVS GmbH

HHV

Therelek

Shenyang Jinyan

Hengjin

SIMUWU

Market Segmentation (by Type)

Below 100 Kg

100Kg - 500Kg

Above 500Kg

Market Segmentation (by Application)

Commercial

Military

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Vacuum Induction Melting Furnace VIM Market

Overview of the regional outlook of the Vacuum Induction Melting Furnace VIM Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors

You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

Provision of market value (USD Billion) data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

Provides insight into the market through Value Chain

Market dynamics scenario, along with growth opportunities of the market in the years to come

6-month post-sales analyst support

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Vacuum Induction Melting Furnace VIM Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.

Chapter 12 is the main points and conclusions of the report.