Press release
Vacuum Furnaces Market to Witness Robust Expansion by 2023
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.
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Global Vacuum Furnaces Market: Forecast by Type / Application / Region
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.
Although sales of vacuum furnace brought a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and downstream support do not to enter into this field.
Over the next five years, LPI(LP Information) projects that Vacuum Furnaces will register a 3.1% CAGR in terms of revenue, reach US$ 860 million by 2023, from US$ 710 million in 2017.
Global Vacuum Furnaces Market: Key Players
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
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Related Information:
United States Vacuum Furnaces Market Research Report 2018
Europe Vacuum Furnaces Market Research Report 2018
North America Vacuum Furnaces Market Research Report 2018
Asia-Pacific Vacuum Furnaces Market Research Report 2018
China Vacuum Furnaces Market Research Report 2018
EMEA Vacuum Furnaces Market Research Report 2018
Global Vacuum Furnaces Market Research Report 2018
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