Global Vacuum Furnaces Market Growth 2023-2029
Vacuum furnace is a kind of industrial furnaces can offer the near vacuum state by electric heating elements. They are mainly used in aerospace, tool & die, power generation, automotive and commercial heat treatment industries and so on.
LPI (LP Information)' newest research report, the “Vacuum Furnaces Industry Forecast” looks at past sales and reviews total world Vacuum Furnaces sales in 2022, providing a comprehensive analysis by region and market sector of projected Vacuum Furnaces sales for 2023 through 2029. With Vacuum Furnaces sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Vacuum Furnaces industry.
This Insight Report provides a comprehensive analysis of the global Vacuum Furnaces 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 Vacuum Furnaces portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Vacuum Furnaces market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Vacuum Furnaces 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 Vacuum Furnaces.
The global Vacuum Furnaces market size is projected to grow from US$ 788.4 million in 2022 to US$ 977 million in 2029; it is expected to grow at a CAGR of 977 from 2023 to 2029.
The top 5 of global Vacuum Furnaces manufacturers are Ipsen, ALD Vacuum Technologies, Tenova, ECM and Seco/Warwick, with about 42% market shares.
Europe is the largest consumption place, with a consumption market share nearly 54%. Following Europe, North America is the second largest consumption place with the consumption market share of 18%.
This report presents a comprehensive overview, market shares, and growth opportunities of Vacuum Furnaces market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Vacuum Quench Furnaces
Vacuum Brazing Furnaces
Vacuum Carburizing Furnaces
Other
Segmentation by application
Aerospace
Automotive
Tool & Die
Power Generation
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.
Ipsen
ALD Vacuum Technologies
Tenova
ECM
Seco/Warwick
IHI(Hayes)
Centorr Vacuum Industries
Solar Mfg
GM
C.I. Hayes
Chugai-ro
Vac Aero
Huahaizhongyi
BVF
Hengjin
Huarui
ULVAC
Huaxiang
Jiayu
Key Questions Addressed in this Report
What is the 10-year outlook for the global Vacuum Furnaces market?
What factors are driving Vacuum Furnaces market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Vacuum Furnaces market opportunities vary by end market size?
How does Vacuum Furnaces 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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