About Vacuum Heat Treatment
Vacuum heat treatment is a process in which metallic or steel parts are heated in a vacuum atmosphere to achieve a higher strength material, with better wear resistance and improved metallurgical properties. The major end-users of vacuum heat treatment are automotive, aerospace, industrial, and commercial sectors. Vacuum heat treatment is ideal for ferrous metals, such as steel, titanium, alloys, and others. In this type of heat treatment, the air is evacuated from the heat-treating environment by means of a vacuum pumping system.
Technavio’s analysts forecast the global vacuum heat treatment market to grow at a CAGR of 5.32% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global vacuum heat treatment market for 2017-2021. To calculate the market size, the report considers the market segmentation based on end-user and geography.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Vacuum Heat Treatment Market 2017-2021
Technavio recognizes the following companies as the key players in the global vacuum heat treatment market: AMG Advanced Metallurgical Group, ECM Technologies, Ipsen, and SECO/WARWICK.
Other Prominent Vendors in the market are: INDUCTOTHERM GROUP- CONSARC ENGINEERING, FOURS INDUSTRIELS B.M.I., PVA TePla, Solar Manufacturing, TAV VACUUM FURNACES, and VAC AERO.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is growing nuclear sector. The growing preference for nuclear power generation is expected to contribute to the growth of the global vacuum heat treatment market. Some parts of the nuclear power plant require critical heat treatment process.”
According to the report, one driver in the market is growing automotive market. The automotive sector is one of the major end-users of vacuum heat treatment. Heat treating is carried out to improve the metallurgical and mechanical properties of materials used in the automotive sector. Vacuum is the ideal environment for thermal processing at high-temperature ranges. Ceramics play a vital role in manufacturing safety equipment for the automotive engineering sector. Engine brake components and other parts used in the manufacturing of vehicles undergo additional processing to strengthen the molecular structure of the material to withstand the wear and tear of the vehicle.
Further, the report states that one challenge in the market is lack of continuous support and maintenance. For effective calibration and better productivity, it is mandatory to maintain the vacuum treatment equipment. The maintenance cost for vacuum heat treatment equipment is high as the cost increases exponentially, with an increase in operating temperature and the severity of the process environment. Most vacuum heat treatment equipment requires constant attention and maintenance and these equipment are classified as heavy-duty or light-duty depending on the amount of maintenance required.
AMG Advanced Metallurgical Group, ECM Technologies, Ipsen, SECO/WARWICK, INDUCTOTHERM GROUP- CONSARC ENGINEERING, FOURS INDUSTRIELS B.M.I., PVA TePla, Solar Manufacturing, TAV VACUUM FURNACES, and VAC AERO.