Global Hardening Machinery Market Growth 2023-2029
The Hardening Machinery are device used for hardening that is a type of surface hardening in which a metal part is induction-heated and then quenched. The quenched metal undergoes a martensitic transformation, increasing the hardness and brittleness of the part. Hardening is used to selectively harden areas of a part or assembly without affecting the properties of the part as a whole.
LPI (LP Information)' newest research report, the “Hardening Machinery Industry Forecast” looks at past sales and reviews total world Hardening Machinery sales in 2022, providing a comprehensive analysis by region and market sector of projected Hardening Machinery sales for 2023 through 2029. With Hardening Machinery sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hardening Machinery industry.
This Insight Report provides a comprehensive analysis of the global Hardening Machinery landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Hardening Machinery portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Hardening Machinery market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hardening Machinery and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Hardening Machinery.
The global Hardening Machinery market size is projected to grow from US$ 250.4 million in 2022 to US$ 275.1 million in 2029; it is expected to grow at a CAGR of 275.1 from 2023 to 2029.
Asia-Pacific is the largest consumer of Hardening Machinery, with a share of 50%, while Europe takes about 20%. The key global manufacturers include EMA Indutec, Denki Kogyo, EFD Induction, Inductotherm, Fuji Electronic, etc.Top five players hold a share over 50 percent.
This report presents a comprehensive overview, market shares, and growth opportunities of Hardening Machinery market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Horizontal
Vertical
Others
Segmentation by application
Automotive
Construction, Agriculture
Machine Tool
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
EMA Indutec
Denki Kogyo
EFD Induction
Inductotherm
Fuji Electronic
SMS Elotherm
EMAG Machine Tools
Park Ohio
Dai-ich High Frequency
Maschinenfabrik ALFING Kessler GmbH
Nabertherm
Heess
Shanghai Heatking Induction
AAGES SA
Chengdu Duolin Electric
Key Questions Addressed in this Report
What is the 10-year outlook for the global Hardening Machinery market?
What factors are driving Hardening Machinery market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Hardening Machinery market opportunities vary by end market size?
How does Hardening Machinery break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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