DecisionDatabases recently present the global Vacuum Furnaces Market research report 2020 which reveals an extensive analysis of the global industry by delivering detailed information about upcoming market growth, trends, customer expectations, technological improvements, competitive dynamics, top manufacturers' assessment, and working capital in the industry. This is an in-depth study of the market enlightening key forecast to 2025.
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.
The largest consumption area is Europe and North America, with advanced aerospace and automotive industry leading the market. Europe and North America are much matured market, mergers and acquisitions accelerated this process. For emerging economies, like China and India, vacuum furnace technology is rapidly improving.
According to this study, over the next five years the Vacuum Furnaces market will register a 3.1% CAGR in terms of revenue, the global market size will reach US$ 860 million by 2024, from US$ 710 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Vacuum Furnaces business, shared in Chapter 3.
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The key manufacturers covered in this report:
- 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
Segmentation by product 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
- …….
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Research objectives
- To study and analyze the global Vacuum Furnaces consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
- To understand the structure of Vacuum Furnaces market by identifying its various subsegments.
- Focuses on the key global Vacuum Furnaces manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Vacuum Furnaces with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Vacuum Furnaces submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
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