Press release
Global Vacuum Induction Melting Furnace (VIM) Market Analysis By Major Manufacturers and Competitive landscape 2024-2030
Vacuum induction melting (VIM) utilizes electric currents to melt metal within a vacuum. The first prototype was developed in 1920. Induction heating induces eddy currents within conductors. Eddy currents create heating effects to melt the metal. Vacuum induction melting has been used in both the aerospace and nuclear industries.
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https://www.qyresearch.com/reports/2322241/vacuum-induction-melting-furnace--vim
Vacuum induction melting (VIM) utilizes electric currents to melt metal within a vacuum. The first prototype was developed in 1920. Induction heating induces eddy currents within conductors. Eddy currents create heating effects to melt the metal. Vacuum induction melting has been used in both the aerospace and nuclear industries.
According to the new market research report "Vacuum Induction Melting Furnace (VIM) - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030", published by QYResearch, the global Vacuum Induction Melting Furnace (VIM) market size is projected to reach USD 141 million by 2030, at a CAGR of 3.2% during the forecast period.
According to QYResearch Top Players Research Center, the global key manufacturers of Vacuum Induction Melting Furnace (VIM) include ALD Vacuum Technologies, ULVAC, ECM, Secowarwick , OTTO Junker GmbH, PVA IVS GmbH, Inductotherm Group (Consarc）, HHV, Therelek, Shenyang Jinyan, etc. In 2023, the global top five players had a share approximately 48.0% in terms of revenue.
Market Drivers:
The development of new and advanced materials, such as superalloys, titanium alloys, and high-performance metals, has driven the demand for VIMs, as these materials often require specialized melting techniques to maintain their properties.
Restraint:
VIM systems are typically expensive to purchase and install, which can be a significant barrier for potential customers, especially small- and medium-sized enterprises (SMEs), to adopt this technology. VIM operations require specialized knowledge and skilled labor to ensure proper functioning and maintenance. The lack of qualified personnel can hinder the adoption and efficient operation of VIM systems.
Opportunity:
With increasing focus on sustainability and energy efficiency, there is a market for VIM systems that consume less energy and are more environmentally friendly. As new industries emerge and existing industries expand, there is an opportunity for VIM manufacturers to explore new applications and adapt their products to meet the specific needs of these industries.
The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.
The Vacuum Induction Melting Furnace (VIM) market is segmented as below:
By Company
ALD Vacuum Technologies
ULVAC
ECM
Secowarwick
Inductotherm Group (Consarc）
OTTO Junker GmbH
PVA IVS GmbH
HHV
Therelek
Shenyang Jinyan
Hengjin
SIMUWU
Topcast
Ecco High Frequency
Segment by Type
Below 100 Kg
100Kg - 500Kg
Above 500Kg
Segment by Application
Aerospace
Military
Electronics
Power Engineering
Others
Each chapter of the report provides detailed information for readers to further understand the Vacuum Induction Melting Furnace (VIM) market:
Chapter 1: Introduces the report scope of the Vacuum Induction Melting Furnace (VIM) report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2019-2030)
Chapter 2: Detailed analysis of Vacuum Induction Melting Furnace (VIM) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2019-2024)
Chapter 3: Provides the analysis of various Vacuum Induction Melting Furnace (VIM) market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2019-2030)
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2019-2030)
Chapter 5: Sales, revenue of Vacuum Induction Melting Furnace (VIM) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2019-2030)
Chapter 6: Sales, revenue of Vacuum Induction Melting Furnace (VIM) in country level. It provides sigmate data by Type, and by Application for each country/region.(2019-2030)
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2019-2024)
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Benefits of purchasing QYResearch report:
Competitive Analysis: QYResearch provides in-depth Vacuum Induction Melting Furnace (VIM) competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.
Industry Analysis: QYResearch provides Vacuum Induction Melting Furnace (VIM) comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.
and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.
Market Size: QYResearch provides Vacuum Induction Melting Furnace (VIM) market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.
Other relevant reports of QYResearch:
Vacuum Induction Melting Furnace (VIM) - Global Market Insights and Sales Trends 2024
Global Vacuum Induction Melting Furnace (VIM) Market Research Report 2023
Global Vacuum Induction Melting Furnace (VIM) Sales Market Report 2023
Global Vacuum Induction Melting Furnace (VIM) Industry Research Report, Growth Trends and Competitive Analysis 2023-2029
Global Vacuum Induction Melting Furnace (VIM) Market Report, History and Forecast 2018-2029, Breakdown Data by Manufacturers, Key Regions, Types and Application
Global Vacuum Induction Melting Furnace (VIM) Market Research Report 2024
Global and United States Vacuum Induction Melting Furnace (VIM) Market Report & Forecast 2022-2028
Global Vacuum Induction Melting Furnace (VIM) Market Report, History and Forecast 2016-2027
United States Vacuum Induction Melting Furnace (VIM) Market Report & Forecast 2021-2027
If you have any queries regarding this report or if you would like further information, please contact us:
QY Research Inc.
Add: 17890 Castleton Street Suite 369 City of Industry CA 91748 United States
E-mail: global@qyresearch.com
Tel: 001-626-842-1666(US) 0086-133 1872 9947(CN)
EN: https://www.qyresearch.com
JP: https://www.qyresearch.co.jp
QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 17 years' experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let's work closely with you and build a bold and better future.
QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.
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Market segmentation
Vacuum Induction Melting Furnaces (VIM) market is split by Type and by Application. For the…
