Global Vacuum Induction Furnaces Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Vacuum Induction Furnaces market size was valued at US$ 116 million in 2024 and is forecast to a readjusted size of USD 149 million by 2031 with a CAGR of 3.7% during review period.

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.

Global core vacuum induction melting furnace (VIM) manufacturers include ALD Vacuum, ULVAC and ECM etc. The top 5 companies hold a share about 50%.Asia Pacific is the largest market, with a share about 35%, followed by Europe and North America with the share about 30% and 25%.

This report is a detailed and comprehensive analysis for global Vacuum Induction Furnaces market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Vacuum Induction Furnaces market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2020-2031

Global Vacuum Induction Furnaces market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2020-2031

Global Vacuum Induction Furnaces market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2020-2031

Global Vacuum Induction Furnaces market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (US$/Unit), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Vacuum Induction Furnaces

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Vacuum Induction Furnaces market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Inductotherm Group, OTTO JUNKER GmbH, Ajax Tocco, ECM Technologies, AMELT, ALD, SECO/WARWICK, ULVAC, SMS, PVA IVS GmbH, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Vacuum Induction Furnaces market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Below 100 KW
100 KW - 2000 KW
2001 KW - 4000 KW
Above 4000 KW

Market segment by Application
University and Laboratory
Metal Processing
Manufacturing Industries
Others

Major players covered
Inductotherm Group
OTTO JUNKER GmbH
Ajax Tocco
ECM Technologies
AMELT
ALD
SECO/WARWICK
ULVAC
SMS
PVA IVS GmbH

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Vacuum Induction Furnaces product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Vacuum Induction Furnaces, with price, sales quantity, revenue, and global market share of Vacuum Induction Furnaces from 2020 to 2025.

Chapter 3, the Vacuum Induction Furnaces competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Vacuum Induction Furnaces breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Vacuum Induction Furnaces market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Vacuum Induction Furnaces.

Chapter 14 and 15, to describe Vacuum Induction Furnaces sales channel, distributors, customers, research findings and conclusion.