Global Vacuum Carburizing Furnaces Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Vacuum Carburizing Furnaces Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Vacuum carburizing furnace is in low pressure vacuum state, through multiple strong infiltration and diffusion process, in order to reach the process of the depth of the parts infiltration depth, its control method is “saturation value adjustment method”.

Market Overview:

The latest research study on the global Vacuum Carburizing Furnaces market finds that the global Vacuum Carburizing Furnaces market reached a value of USD 203.85 million in 2022. It’s expected that the market will achieve USD 273.25 million by 2028, exhibiting a CAGR of 5.0% during the forecast period.

Impacts from the short-term

The downstream buyers of vacuum carburizing furnaces are mainly suppliers of industrial equipment and instruments. Under the influence of COVID-19, downstream buyers are worried about the delay of the supply chain, which may promote the sales of vacuum carburizing furnaces in a short time. However, most plants have not yet been fully operational, which limits the overall supply of the vacuum carburizing furnace market, thereby reducing the industry's ability to deal with the backlog and quickly recover from losses.

Impacts from the long-term

The reduction in transactions caused by COVID-19 has also been extended to distribution networks and service channels. To mitigate these risks, vacuum carburizing furnace suppliers should work closely with their major suppliers and service providers to ensure high quality and consistency, and smaller companies can also maintain solvency. In the long run, as vacuum carburizing furnace suppliers strengthen their supply chains, end users will turn to automated production to mitigate the factory's future production risks, so there are still many opportunities in the vacuum carburizing furnace market.

Industry continues to develop rapidly

With the continuous and rapid development of industry, resources and the environment have begun to constrain the process of industrialization. The industrial development model of high energy consumption and high emissions has become unsustainable. The industrial growth mode has changed to a resource-saving and ecological environment-friendly type. As a result, there is a constant demand to increase power density with higher efficiency, and to promote the growth of the global Vacuum Carburizing Furnaces.

High cost of vacuum carburizing furnace

The raw material cost and labor cost of the vacuum carburizing furnace are constantly increasing, thereby reducing the company's profit margin. For the labor-intensive vacuum carburizing furnace industry, the increase in labor costs has made many SMEs unsustainable, especially the labor shortage problem caused by the loss of labor and the increase in labor costs. The production cost of vacuum carburizing furnace continues to rise.

Design complexity

Because the construction of vacuum carburizing furnaces requires high-quality components, design complexity is the main limiting factor for vacuum carburizing furnaces. If a cheap alternative product is used in the structure of the vacuum carburizing furnace, the motor may be damaged. Any failure of the motor components can cause accidents or damage. To prevent this, various aspects need to be considered. This is a challenging development process that may affect the growth of the global market.

Region Overview:

Geographically, Europe held the largest market share – 36.35% in 2022.

Company Overview:

ECM is one of the major players operating in the Vacuum Carburizing Furnaces market, holding a share of 15.76% in 2023.

ECM

Founded in 1928, the industrial furnace company Group ECM is known all over the world for its innovations, technologies, processes, solutions and services. Their vacuum furnaces have been developed for more than 50 years and constitute a referring basis for several thousands of units sold around the world: ICBP® installations, vacuum furnaces, induction furnaces, deposition furnaces, photovoltaic & crystal growth furnaces, and tailor-made furnaces.

ALD Vacuum Technologies

ALD provides equipment and systems for the thermal and thermochemical treatment of solid and liquid metal materials. The company's ability lies in its proficiency in vacuum process technology, on the other hand, it is good at designing customized system solutions suitable for this field.

Segmentation Overview:

Among different product types, Double Chamber segment is anticipated to contribute the largest market share in 2028.

Single Chamber

The single-chamber vacuum carburizing furnace can be applied to various heat treatment processes and applications. It provides important functions that can achieve a high degree of uniformity in the heat-treated parts, a high degree of consistency in the workload, and a high-speed batch processing, while reducing the consumption of power and process gas.

Double Chamber

In the double-chamber vacuum carburizing furnace, one chamber is used for vacuum heat treatment, and the second chamber is used for oil quenching or gas quenching. Carburizing medium nozzles are evenly arranged on the bladder of the squirrel-cage graphite heating furnace to ensure a uniform atmosphere. The special vacuum carburizing process and precise carburizing parameter control provide the workpiece with the best carburizing concentration distribution and the smallest depth error.

Multi Chamber

The multi-chamber vacuum carburizing furnace has better and thicker insulation materials to help increase the heating efficiency, but at the same time it will also reduce the cooling rate and may affect the evacuation rate. For a faster cooling rate and faster evacuation, it is very desirable to reduce the insulation layer or even not to use the insulation layer, but this design will cause uniform and efficient heating damage.

Application Overview:

By application, the Automotive segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Vacuum Carburizing Furnaces market covered in Chapter 3:

IHI(Hayes)
SECO/WARWICK
Solar Mfg
Huahaizhongyi
Ipsen
ALD Vacuum Technologies
Chugai-ro
Gasbarre
ECM

In Chapter 4 and Chapter 14.2, on the basis of types, the Vacuum Carburizing Furnaces market from 2018 to 2029 is primarily split into:

Single Chamber
Double Chamber
Multi Chamber

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Vacuum Carburizing Furnaces market from 2018 to 2029 covers:

Automotive
Tool & Die
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)