Press release
Automotive Heat Treatment Market Growth Probability, Leading Vendors and Future Scenario By 2024-2031
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Among the application segment, the wheels and drivetrain sub-segment is projected to hold a prominent share of the market. The segmental growth is attributed to the advantages offered by wheels and drivetrains such as it extremely efficient in terms of cost compared to other drive types and having many other benefits related to the mass, space, fuel consumption, and no friction from the driveshaft. In addition, the presence of major market players which include, Infineon Technologies, Eaton Ltd., Hyundai Steel and others are also offering wheel and drivetrain for automotive industry which further boost the segment growth. For instance, in March 2023, Delta Electronics agreed to deepen its automotive electronics collaboration with Infineon Technologies. The two companies signed a memorandum of understanding (MoU) to expand collaboration to produce more efficient and higher-density electronic products for electric vehicles (EVs), covering a wide range of components such as microcontrollers and high/low-voltage modules used in EV drivetrain systems such as traction inverters, DC-DC converters and onboard chargers.
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Market Coverage
Market number available for - 2024-2031
Base year- 2024
Forecast period- 2024-2031
Segment Covered- By Source, By Product Type, By Applications
Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
, and others
Market Segmentation
Global Automotive Heat Treatment Market by Method
Hardening
Tempering
Carburizing
Nitriding
Carbonitriding
Others (Annealing, Normalizing)
Global Automotive Heat treatment Market by Material
Mild Steel
Aluminum
Magnesium
Low Alloy Steels
Global Automotive Heat Treatment Market by Application
Engine and Powertrain
Wheels and Drivetrain
Brakes
Chassis
Suspension
Steering
Others (Gearwheels/Planetary Gears, Clutch Parts, and Gear Hub)
Regional Analysis
North America
US
Canada
Europe
UK
Germany
Italy
Spain
France
Rest of Europe
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
Rest of the World
Company Profiles
Bluewater Thermal Solutions
Borgwarner
Eaton Ltd
Hyundai Steel
F. Heat Treating Inc.
JTEKT Thermo Systems Corp.
Mahle
Robert Bosch GmbH
Rubig GmbH & Co KG
Specialty Steel Treating
Sun Steel Treating Inc
Zion Industries, Inc.
The Report Covers
Market value data analysis of 2022 and forecast to 2030.
Annualized market revenues ($ million) for each market segment.
Country-wise analysis of major geographical regions.
Key companies operating in the global automotive heat treatment market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
Analysis of market-entry and market expansion strategies.
Competitive strategies by identifying 'who-stands-where' in the market.
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Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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