According to our (Global Info Research) latest study, the global Vacuum Induction Melting and Casting Furnaces market size was valued at US$ 118 million in 2024 and is forecast to a readjusted size of USD 150 million by 2031 with a CAGR of 3.5% during review period.
The Metal is melted in a crucible housed in a water-cooled induction coil and the furnace is typically lined with suitable refractories. The molten metal may be poured/cast either under vacuum or inert gas environments.
According to our “Construction Machinery” research center, sales of construction machinery in Europe increased by 24% in 2021, and in 2022 the construction machinery revenue in Europe was about US$ 22 billion, while the US market sold about $36 billion in construction machinery in 2022. China"s construction machinery has complete categories and outstanding advantages, with 20 categories, 109 groups, 450 models, 1090 series and tens of thousands of models of product equipment. By the end of 2021, the number of major products of construction machinery in China was about 5.61 million to 6.08 million units. According to our “Construction Machinery” research center, the total sales of the top 50 global construction machinery manufacturers in 2022 reached US$ 220 billion. And Asian companies occupied an absolute advantage, accounting for 50% of revenue, followed by Europe and North America, accounting for 26% and 23%.
This report is a detailed and comprehensive analysis for global Vacuum Induction Melting and Casting 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 Melting and Casting Furnaces market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2020-2031
Global Vacuum Induction Melting and Casting Furnaces market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2020-2031
Global Vacuum Induction Melting and Casting Furnaces market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2020-2031
Global Vacuum Induction Melting and Casting Furnaces market shares of main players, shipments in revenue ($ 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 Melting and Casting 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 Melting and Casting 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 ALD Vacuum Technologies, Inductotherm, ULVAC, PVA TePla, TOPCAST, Vacuum Furnace Engineering, IAS GmbH, SECO/WARWICK, ECM, Therelek, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Vacuum Induction Melting and Casting 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
Size Below 100 Kg
Size 100Kg - 500Kg
Size Above 500Kg
Market segment by Application
Industrial
Automotive
Aerospace
Medical
Others
Major players covered
ALD Vacuum Technologies
Inductotherm
ULVAC
PVA TePla
TOPCAST
Vacuum Furnace Engineering
IAS GmbH
SECO/WARWICK
ECM
Therelek
Metalwerks
HHV
CDOCAST
SuperbMelt
Brother Furnace
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 Melting and Casting Furnaces product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Vacuum Induction Melting and Casting Furnaces, with price, sales quantity, revenue, and global market share of Vacuum Induction Melting and Casting Furnaces from 2020 to 2025.
Chapter 3, the Vacuum Induction Melting and Casting Furnaces competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Vacuum Induction Melting and Casting 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 Melting and Casting 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 Melting and Casting Furnaces.
Chapter 14 and 15, to describe Vacuum Induction Melting and Casting Furnaces sales channel, distributors, customers, research findings and conclusion.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
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