Heat Treating Furnace Market Report 2019 - 2026, Growth Trend, Revenue, Sales Volume, Estimation and Forecast

By Material (Iron, steel, and Cast), By Process (tempering, hardening and case hardening), By Application (aerospace and automotive), By Region (North America, Europe, APAC and Rest of the World)

LATEST: This report includes COVID 19 Impact Analysis of the Market

  • Report ID : MD1231
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  • Pages : 191
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  • Tables : 91
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  • Formats :

Heat Treating Furnace market revenue is estimated to be $XX Billion in 2018 and shall grow with a CAGR of XX.X% during the forecast period of 2018 to 2026.

Heat treating furnace market is anticipated to witness tremendous growth in its revenue owing to the increasing traffic in airways and increasing demand for the development of the aviation sector. Further, the wide application of this technology in various sectors such as aerospace and automotive sectors is expected to enhance the heat treating furnace market growth. Moreover, the increasing living standards of the people and increasing disposable incomes, especially in developing countries, are contributing significantly to the augmentation of the market shares. The automotive sector has a wide application of the heat treating furnace as the components of the automobiles undergoing heavy stress over a long period so it is necessary to provide them proper durability and strength. Thus, the automotive sector is anticipated to boost up the heat treating furnace market sales.
 
Due to the application of some old or outdated heat treatment process by the enterprises having fewer funds, the heat treating furnace market trend can be affected negatively in the coming few years. Most of the time, the medium and small scaled enterprises use such processes and thereby showing a decline in the growth of market shares. The metal heat treatment industry is highly energy intensive, as a result of which, industry participants face several constraints. The use of highly energy-inefficient equipment poses a threat to the environment and impacts operational efficiency. Use of outdated technology and process by small and medium players, primarily in emerging economies across the Asia Pacific and Central and South America, is expected to hamper growth in the near future

Presence of aerospace and construction industries are responsible for the  generation of the significant market revenue by developing nations:

The Asia Pacific region is the dominant region in contributing to market growth in 2018. The rising investment by the industry players of the region is driving the market shares in this region. Further, this region is anticipated to fuel up the industry growth significantly over the forecast period owing to the increasing development of the construction and aerospace industries in the developing nations such as China, Japan, and India. Moreover, the North America region is also anticipated to grow significantly over the forecast period owing to the heavy competition among the industry players in these regions.

Case hardening heat treating furnace accounted for more than 25% of the overall market revenue in 2018:

Based on material, the segmentation has been done as Iron, steel, and Cast. By process, heat treating furnace tempering, hardening and case hardening. Out of which, the case hardening segment has dominated over the overall revenue and has accounted for more than 25% of the total market shares. Further, based on application, the segmentation has been done as aerospace and automotive. The automotive segment has accounted for the largest growth of the market shares in 2018 and is anticipated to continue the same trend over the forecast period.

Heat treating furnace industry players:

Major industry players have been analyzed with coverage on their operating areas, revenues, and other strategic aspects. Industry players are adopting various advanced technologies and strategies to maximize the profit of the market. These industry players include Sandvik AB, Caterpillar Incorporated, Komatsu Limited, ABB Group, Autonomous Solutions Incorporated, Atlas Copco, Hexagon AB, RPMGlobal, Trimble and Hitachi.

Key Points covered in the Report:    
    
•    Revenue Estimation and Forecast (2018 – 2026)
•    Production Estimation and Forecast (2018 – 2026)
•    Sales/Consumption Volume Estimation and Forecast (2018 – 2026)
•    Breakdown of Revenue by Segments (2018 – 2026)
•    Breakdown of Production by Segments (2018 – 2026)
•    Breakdown of Sales Volume by Segments (2018 – 2026)
•    Gross Margin and Profitability Analysis of Companies
•    Business Trend and Expansion Analysis
•    Import and Export Analysis
•    Regional Analysis and Data Breakdown

MARKET SEGMENTATION

By Material Outlook ($Revenue, 2018-2026)
•    Iron
•    Steel
•    Cast

By Process Outlook ($Revenue, 2018-2026)
•    Tempering
•    Hardening
•    Case-Hardening 

By Application Outlook ($Revenue, 2018-2026)
•    Aerospace
•    Automotive 

By Regional Outlook ($Revenue, 2018-2026)
•    North America
•    Canada
•    U.S
•    Mexico
•    Europe
•    Germany
•    France
•    U.K
•    Rest of Europe
•    Asia-Pacific
•    China
•    India
•    Japan
•    Rest of Asia Pacific
•    Rest of the World
•    Middle East & Africa
•    Latin America

Heat treating furnace industry players:

•    Bluewater Thermal Solutions
•    Solar Atmosphere Incorporated
•    Ajax Tocco International Ltd
•    Bohler Uddeholm
•    American Metal Treating Incorporated
•    Bodycote Heat Treatments Ltd.
•    Andritz
•    Aichelin Group
•    Inductotherm
•    Tenova
•    Primetals Technologies
•    Corporation
•    ALD
•    Nachi-Fujikoshi
•    PVA TePla
•    Ipsen
•    SECO/WARWICK
•    Gasbarre Furnace

CHAPTER 1:  INTRODUCTION

1.1. Research Methodology

1.1.1. Desk Research

1.1.2. Data Synthesis

1.1.3. Data Validation & Market Feedback

1.1.4. Data Sources

CHAPTER 2:  EXECUTIVE SUMMARY

2.1. Global Market Outlook

2.2. Core Insights - Material

2.3. Core Insights – Process

2.4. Core Insights – Application

2.5. Core Insights – Geography

CHAPTER 3:  MARKET OVERVIEW

3.1.  Market Definition and Scope

3.2. Key Forces Shaping the Industry

3.2.1. Bargaining Power of Suppliers

3.2.2. Bargaining Power of Buyers

3.2.3. Threat of Substitutes

3.2.4. Threat of New Entrants

3.3. Market Dynamics

3.3.1. Drivers

3.3.1.1. Supply-side Drivers

3.3.1.2. Demand-side Drivers

3.3.2. Restraints

3.3.3. Opportunities

3.4. Industry Landscape - PESTEL Analysis

3.4.1. Political Landscape

3.4.2. Environmental Landscape

3.4.3. Social Landscape

3.4.4. Technology Landscape

3.4.5. Economic Landscape

CHAPTER 4:  MARKET BACKGROUND

4.1. Industry Value Chain Analysis

4.1.1. Upstream Participants

4.1.2. Downstream participants

4.2. Pricing Analysis and Forecast, 2018-2026

4.2.1. By Type

4.2.2. By Region

CHAPTER 5:  GLOBAL HEAT TREATING FURNACE MARKET, BY MATERIAL

5.1. Overview

5.1.1. Market Volume and Forecast, 2018-2026

5.1.2. Market Revenue (US$ Million) and Forecast, 2018-2026

5.2. Iron

5.2.1. Key Market Trends, Growth Factors and Opportunities

5.2.2. Market Volume and Forecast, By Region

5.2.3. Market Revenue (US$ Million) and Forecast, By Region

5.3. Steel

5.3.1. Key Market Trends, Growth Factors and Opportunities

5.3.2. Market Volume and Forecast, By Region

5.3.3. Market Revenue (US$ Million) and Forecast, By Region

5.4. Cast

5.4.1. Key Market Trends, Growth Factors and Opportunities

5.4.2. Market Volume and Forecast, By Region

5.4.3. Market Revenue (US$ Million) and Forecast, By Region

CHAPTER 6:  GLOBAL HEAT TREATING FURNACE MARKET, BY PROCESS

6.1. Overview

6.1.1. Market Volume and Forecast, 2018-2026

6.1.2. Market Revenue (US$ Million) and Forecast, 2018-2026

6.2. Tempering

6.2.1. Key Market Trends, Growth Factors and Opportunities

6.2.2. Market Volume and Forecast, By Region

6.2.3. Market Revenue (US$ Million) and Forecast, By Region

6.3. Hardening

6.3.1. Key Market Trends, Growth Factors and Opportunities

6.3.2. Market Volume and Forecast, By Region

6.3.3. Market Revenue (US$ Million) and Forecast, By Region

6.4. Case-Hardening

6.4.1. Key Market Trends, Growth Factors and Opportunities

6.4.2. Market Volume and Forecast, By Region

6.4.3. Market Revenue (US$ Million) and Forecast, By Region

CHAPTER 7:  GLOBAL HEAT TREATING FURNACE MARKET, BY APPLICATION

7.1. Overview

7.1.1. Market Volume and Forecast, 2018-2026

7.1.2. Market Revenue (US$ Million) and Forecast, 2018-2026

7.2. Aerospace

7.2.1. Key Market Trends, Growth Factors and Opportunities

7.2.2. Market Volume and Forecast, By Region

7.2.3. Market Revenue (US$ Million) and Forecast, By Region

7.3. Automotive

7.3.1. Key Market Trends, Growth Factors and Opportunities

7.3.2. Market Volume and Forecast, By Region

7.3.3. Market Revenue (US$ Million) and Forecast, By Region

CHAPTER 8:  GLOBAL HEAT TREATING FURNACE MARKET, BY GEOGRAPHY

8.1. Overview

8.2. North America

8.2.1. Key Market Trends, Growth Factors and Opportunities

8.2.2. Market Volume and Forecast, By Material

8.2.3. Market Volume and Forecast, By Process

8.2.4. Market Volume and Forecast, By Application

8.2.5. Market Revenue and Forecast, By Material

8.2.6. Market Revenue and Forecast, By Process

8.2.7. Market Revenue and Forecast, By Application

8.2.8. Market Revenue and Forecast, By Country

8.2.9. U.S.

8.2.9.1. Market Volume and Forecast

8.2.9.2. Market Revenue and Forecast

8.2.10. Canada

8.2.10.1. Market Volume and Forecast

8.2.10.2. Market Revenue and Forecast

8.2.11. Mexico

8.2.11.1. Market Volume and Forecast

8.2.11.2. Market Revenue and Forecast

8.3. Europe

8.3.1. Market Volume and Forecast, By Material

8.3.2. Market Volume and Forecast, By Process

8.3.3. Market Volume and Forecast, By Application

8.3.4. Market Revenue and Forecast, By Material

8.3.5. Market Revenue and Forecast, By Process

8.3.6. Market Revenue and Forecast, By Application

8.3.7. Market Revenue and Forecast, By Country

8.3.8. Germany

8.3.8.1. Market Volume and Forecast, By Material

8.3.8.2. Market Revenue and Forecast, By Process

8.3.9. UK

8.3.9.1. Market Volume and Forecast, By Material

8.3.9.2. Market Revenue and Forecast, By Process

8.3.10. France

8.3.10.1. Market Volume and Forecast, By Material

8.3.10.2. Market Revenue and Forecast, By Process

8.3.11. Italy

8.3.11.1. Market Volume and Forecast, By Material

8.3.11.2. Market Revenue and Forecast, By Process

8.3.12. Rest of Europe

8.3.12.1. Market Volume and Forecast, By Material

8.3.12.2. Market Revenue and Forecast, By Process

8.4. Asia-Pacific

8.4.1. Market Volume and Forecast, By Material

8.4.2. Market Volume and Forecast, By Process

8.4.3. Market Volume and Forecast, By Application

8.4.4. Market Revenue and Forecast, By Material

8.4.5. Market Revenue and Forecast, By Process

8.4.6. Market Revenue and Forecast, By Application

8.4.7. Market Revenue and Forecast, By Country

8.4.8. China

8.4.8.1. Market Volume and Forecast, By Material

8.4.8.2. Market Revenue and Forecast, By Process

8.4.9. India

8.4.9.1. Market Volume and Forecast, By Material

8.4.9.2. Market Revenue and Forecast, By Process

8.4.10. Japan

8.4.10.1. Market Volume and Forecast, By Material

8.4.10.2. Market Revenue and Forecast, By Process

8.4.11. South Korea

8.4.11.1. Market Volume and Forecast, By Material

8.4.11.2. Market Revenue and Forecast, By Process

8.4.12. Rest of Asia-Pacific

8.4.12.1. Market Volume and Forecast, By Material

8.4.12.2. Market Revenue and Forecast, By Process

8.5. REST OF THE WORLD

8.5.1. Market Volume and Forecast, By Material

8.5.2. Market Volume and Forecast, By Process

8.5.3. Market Volume and Forecast, By Application

8.5.4. Market Revenue and Forecast, By Material

8.5.5. Market Revenue and Forecast, By Process

8.5.6. Market Revenue and Forecast, By Application

8.5.7. Market Revenue and Forecast, By Country

8.5.8. Latin America

8.5.8.1. Market Volume and Forecast, By Material

8.5.8.2. Market Revenue and Forecast, By Process

8.5.9. Middle East

8.5.9.1. Market Volume and Forecast, By Material

8.5.9.2. Market Revenue and Forecast, By Process

8.5.10. Africa

8.5.10.1. Market Volume and Forecast, By Material

8.5.10.2. Market Revenue and Forecast, By Process

CHAPTER 9:  COMPETITIVE LANDSCAPE

9.1. Heat Treating Furnace Market Share Analysis, 2018

CHAPTER 10:  COMPANY PROFILES

10.1. Bluewater Thermal Solutions

10.1.1. Company Overview

10.1.2. Financial Performance

10.1.3. SWOT Analysis

10.2. Solar Atmosphere Incorporated

10.2.1. Company Overview

10.2.2. Financial Performance

10.2.3. SWOT Analysis

10.3. Ajax Tocco International Ltd

10.3.1. Company Overview

10.3.2. Financial Performance

10.3.3. SWOT Analysis

10.4. Bohler Uddeholm

10.4.1. Company Overview

10.4.2. Financial Performance

10.4.3. SWOT Analysis

10.5. American Metal Treating Incorporated

10.5.1. Company Overview

10.5.2. Financial Performance

10.5.3. SWOT Analysis

10.6. Bodycote Heat Treatments Ltd.

10.6.1. Company Overview

10.6.2. Financial Performance

10.6.3. SWOT Analysis

10.7. Andritz

10.7.1. Company Overview

10.7.2. Financial Performance

10.7.3. SWOT Analysis

10.8. Aichelin Group

10.8.1. Company Overview

10.8.2. Financial Performance

10.8.3. SWOT Analysis

10.9. Inductotherm

10.9.1. Company Overview

10.9.2. Financial Performance

10.9.3. SWOT Analysis

10.10. Tenova

10.10.1. Company Overview

10.10.2. Financial Performance

10.10.3. SWOT Analysis

10.11. Primetals Technologies

10.11.1. Company Overview

10.11.2. Financial Performance

10.11.3. SWOT Analysis

10.12. Corporation

10.12.1. Company Overview

10.12.2. Financial Performance

10.12.3. SWOT Analysis

10.13. ALD

10.13.1. Company Overview

10.13.2. Financial Performance

10.13.3. SWOT Analysis

10.14. Nachi-Fujikoshi

10.14.1. Company Overview

10.14.2. Financial Performance

10.14.3. SWOT Analysis

10.15. PVA TePla

10.15.1. Company Overview

10.15.2. Financial Performance

10.15.3. SWOT Analysis

10.16. Ipsen

10.16.1. Company Overview

10.16.2. Financial Performance

10.16.3. SWOT Analysis

10.17. SECO/WARWICK

10.17.1. Company Overview

10.17.2. Financial Performance

10.17.3. SWOT Analysis

10.18. Gasbarre Furnace

10.18.1. Company Overview

10.18.2. Financial Performance

10.18.3. SWOT Analysis

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