Global Vacuum Induction Melting Inert Gas Atomization (VIGA) Market Growth (Status and Outlook) 2024-2030
Vacuum Induction Melting Inert Gas Atomization (VIGA) is a sophisticated process used in the production of high-quality metal powders, often employed in the fields of additive manufacturing and advanced metallurgy. The process begins with the melting of metal materials in a vacuum induction furnace, which provides precise control over the melting environment by reducing contamination from atmospheric gases and impurities. Once the metal is molten, it is poured through a nozzle into a chamber where it is atomized by a stream of inert gas, such as argon or nitrogen. This rapid cooling and solidification of the molten metal droplets form fine, spherical metal powders. The VIGA process is renowned for producing powders with excellent purity and uniform particle size distribution, which are critical for applications demanding high-performance materials. This technique is particularly advantageous for metals that are reactive or have high melting points, as the inert gas environment prevents oxidation and other chemical reactions during atomization.
The global Vacuum Induction Melting Inert Gas Atomization (VIGA) market size is projected to grow from US$ 167 million in 2024 to US$ 378 million in 2030; it is expected to grow at a CAGR of 14.5% from 2024 to 2030.
LPI (LP Information)' newest research report, the “Vacuum Induction Melting Inert Gas Atomization (VIGA) Industry Forecast” looks at past sales and reviews total world Vacuum Induction Melting Inert Gas Atomization (VIGA) sales in 2022, providing a comprehensive analysis by region and market sector of projected Vacuum Induction Melting Inert Gas Atomization (VIGA) sales for 2023 through 2029. With Vacuum Induction Melting Inert Gas Atomization (VIGA) 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 Inert Gas Atomization (VIGA) industry.
This Insight Report provides a comprehensive analysis of the global Vacuum Induction Melting Inert Gas Atomization (VIGA) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Vacuum Induction Melting Inert Gas Atomization (VIGA) 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 Inert Gas Atomization (VIGA) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Vacuum Induction Melting Inert Gas Atomization (VIGA) 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 Inert Gas Atomization (VIGA).
United States market for Vacuum Induction Melting Inert Gas Atomization (VIGA) is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Vacuum Induction Melting Inert Gas Atomization (VIGA) is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Vacuum Induction Melting Inert Gas Atomization (VIGA) is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Vacuum Induction Melting Inert Gas Atomization (VIGA) players cover ALD Vacuum Technologies, Höganäs, Consarc, Phoenix Scientific Industries, SMS Group, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Vacuum Induction Melting Inert Gas Atomization (VIGA) market by product type, application, key players and key regions and countries.
Segmentation by Type:
Small VIGA Systems (<50 kg)
Medium VIGA Systems (50~250 kg)
Large VIGA Systems (≥250 kg)
Segmentation by Application:
Metal Powder Manufacturer
Research Institutes
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
Segmentation by Type:
Small VIGA Systems (<50 kg)
Medium VIGA Systems (50~250 kg)
Large VIGA Systems (≥250 kg)
Segmentation by Application:
Metal Powder Manufacturer
Research Institutes
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.
ALD Vacuum Technologies
Höganäs
Consarc
Phoenix Scientific Industries
SMS Group
Topcast
Avimetal
VMP
ACME
Zhuzhou Hanhe Industrial Equipment
Hunan Skyline
Please note: The report will take approximately 2 business days to prepare and deliver.