Global Vacuum Induction Melting and Casting Furnaces Market Growth 2025-2031

The global Vacuum Induction Melting and Casting Furnaces market size is predicted to grow from US$ 116 million in 2025 to US$ 144 million in 2031; it is expected to grow at a CAGR of 3.7% from 2025 to 2031.

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%.

LP Information, Inc. (LPI) ' newest research report, the “Vacuum Induction Melting and Casting Furnaces Industry Forecast” looks at past sales and reviews total world Vacuum Induction Melting and Casting Furnaces sales in 2024, providing a comprehensive analysis by region and market sector of projected Vacuum Induction Melting and Casting Furnaces sales for 2025 through 2031. With Vacuum Induction Melting and Casting Furnaces sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Vacuum Induction Melting and Casting Furnaces industry.

This Insight Report provides a comprehensive analysis of the global Vacuum Induction Melting and Casting 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 Induction Melting and Casting Furnaces portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Vacuum Induction Melting and Casting Furnaces market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Vacuum Induction Melting and Casting 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 Induction Melting and Casting Furnaces.

This report presents a comprehensive overview, market shares, and growth opportunities of Vacuum Induction Melting and Casting Furnaces market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Size Below 100 Kg
Size 100Kg - 500Kg
Size Above 500Kg

Segmentation by Application:
Industrial
Automotive
Aerospace
Medical
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 analysing the company's coverage, product portfolio, its market penetration.
ALD Vacuum Technologies
Inductotherm
ULVAC
PVA TePla
TOPCAST
Vacuum Furnace Engineering
IAS GmbH
SECO/WARWICK
ECM
Therelek
Metalwerks
HHV
CDOCAST
SuperbMelt
Brother Furnace

Key Questions Addressed in this Report

What is the 10-year outlook for the global Vacuum Induction Melting and Casting Furnaces market?

What factors are driving Vacuum Induction Melting and Casting Furnaces market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Vacuum Induction Melting and Casting Furnaces market opportunities vary by end market size?

How does Vacuum Induction Melting and Casting Furnaces break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.