Press release
Global Hardening Machines Market is projected to reach 210 Million US$ by 2025
The Hardening Machines are device used for hardening that is a type of surface hardening in which a metal part is induction-heated and then quenched. The quenched metal undergoes a martensitic transformation, increasing the hardness and brittleness of the part. Hardening is used to selectively harden areas of a part or assembly without affecting the properties of the part as a whole.In the coming years there is an increasing demand for Hardening Machines and related service in the regions of Asia Pacific and other developing countries that is expected to drive the market for more advanced Hardening Machines. Increasing of automotive fields expenditures, more-intense competition, launches in introducing new products, increasing of spending on general industry, retrofitting and renovation of old technology, increasing adoption of Hardening Machines will drive growth in global markets.
Globally, the Hardening Machines industry market is low concentrated as the manufacturing technology of Hardening Machines is relatively matures than some high-tech equipment. And some enterprises, like EMA Indutec, Denki Kogyo, EFD Induction, etc. are well-known for the wonderful performance of their Hardening Machines and related services. At the same time, Asia-Pacific, occupied 45% revenue market share in 2017 is remarkable in the global Hardening Machines industry because of their lower cost of raw material and labor.
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The Hardening Machines market was valued at 140 Million US$ in 2017 and is projected to reach 210 Million US$ by 2025, at a CAGR of 5.0% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Hardening Machines.
This report presents the worldwide Hardening Machines market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
EMA Indutec
Denki Kogyo
EFD Induction
Fuji Electronic
SMS Elotherm
EMAG Machine Tools
Dai-ich High Frequency
Maschinenfabrik ALFING Kessler GmbH
Nabertherm
Heess
Shanghai Heatking Induction
AAGES SA
Chengdu Duolin Electric
Hardening Machines Breakdown Data by Type
Horizontal Hardening Machines
Vertical Hardening Machines
Hardening Machines Breakdown Data by Application
Automotive
Construction, Agriculture
Machine Tool
Hardening Machines Production by Region
United States
Europe
China
Japan
Other Regions
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