Heat Treatment Furnace - Market: Size, Share, Growth, Analysis, Key Players, Revenue, | Valuates Reports

Heat Treatment Furnace - Market Size
The global market for Heat Treatment Furnace was estimated to be worth US$ 11230 million in 2023 and is forecast to a readjusted size of US$ 12570 million by 2030 with a CAGR of 1.6% during the forecast period 2024-2030

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Heat Treatment Furnace - Market
Heat Treatment is the process in which metallic/steel parts are exposed completely or partially to time-temperature sequences in order to change the mechanical and/or corrosion properties.
Academically, Heat treating is a group of industrial and metalworking processes used to alter the physical, and sometimes chemical, properties of a material.
The Heat Treatment Furnace is those furnaces used in the process of hear treatment.
For industry structure analysis, the Heat Treatment Furnace industry is not concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top five producers include Andritz, Tenova, Primetals Technologies, Aichelin Group and Inductotherm Corporation, account for about 10 % of the revenue market. Regionally, Europe is the biggest production value area, also the leader in the whole Heat Treatment Furnace industry.
Europe occupied 28% of the production market. It is followed by North America and China, which respectively account for around 26% and 26% of the global total industry. Other countries have a smaller amount of production. Geographically, Europe was the largest consumption market in the world, which took about 26% of the global consumption volume.

Report Scope
This report aims to provide a comprehensive presentation of the global market for Heat Treatment Furnace, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Heat Treatment Furnace by region & country, by Type, and by Application.
The Heat Treatment Furnace market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Heat Treatment Furnace.

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Segment by Type:

• Atmosphere Furnaces
• Vacuum Furnaces

Segment by Application

• Metallurgical
• Transportation
• Others

By Company

Andritz, Tenova, Primetals Technologies, Aichelin Group, Inductotherm Corporation, ALD, Ipsen, Despatch, SECO/WARWICK, Nachi-Fujikoshi, PVA TePla, Cieffe(Accu）, Mersen, Gasbarre Furnace, TPS, Surface Combustion, CEC, Sistem Teknik, AVS, TAV, Nutec Bickley, Shenwu, Phoenix Furnace

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