This research report titled ‘Global Vacuum Heat Treatment Market 2017-2021’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. This market research report also includes up to date analysis and forecasts for various market segments and all geographical regions.
The growth in the automotive, aerospace, industrial, and commercial sectors is expected to drive the global vacuum heat treatment market. There is a growing demand for heat treatment furnaces because of the increasing adoption of vacuum heat treatment furnaces by the automotive and aerospace industries. The demand for vacuum heat treatment from the aviation sector is high, as precision and accuracy are the major criteria for manufacturing aircraft components. Heat treatment is carried out for airplane engine brackets, helicopter frame parts, engine oil pans, hydraulic fittings, airplane engine cooling systems, seat backs, and others.
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Technavio’s heavy industry research analysts categorize the global vacuum heat treatment market into the following segments by end-user. They are:
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The top three revenue-generating end-user segments of the global vacuum heat treatment market are discussed below:
Vacuum heat treatment plays a vital role in the aerospace sector as it offers customized solutions for treating various components in aircraft parts. Any deformation in the structural design of the aircraft can lead to major accidents. Therefore, to prevent this, the aerospace sector integrates vacuum heat treatment technology along with their production lines for improving the mechanical properties of materials, such as steel and other alloys, used for manufacturing specific aircraft parts.
According to Anju Ajay Kumar, a lead unit operations research analyst from Technavio, “The growth in the aerospace sector is expected to propel the demand for vacuum heat treatment in the coming years. Governments and private companies of several developed and developing countries, such as India, China, Japan, the US, Canada, Germany, the UK, and France, have been heavily investing in the aerospace industry.”
The materials used for automotive components are mostly made of steel and other alloys. Automotive parts, such as gears, engine valves, exhaust valves, camshaft, and door lock strikers, are made using vacuum heat treated metals. Vacuum heat treating processes include annealing, hardening, and quenching.
“Vacuum heat treatment of metals helps in increasing the hardness, yield strength, and tensile strength of metals. Therefore, the growth in the automotive sector will drive the demand for vacuum heat treatment in the next five years. Growing investments in automotive production plants imply the growing demand for vehicles. The US is witnessing significant growth in its automotive sector,” adds Anju.
Several manufacturers use vacuum heat treatment processes to enhance the mechanical and metallurgical properties of various metals and alloys that are used for specific manufacturing purposes. Industries utilize machine tools, metal cutting machines, and metal forming machines for manufacturing the required products.
With the help of vacuum heat treatment, manufacturers can deliver superior quality and reliable machines to customers. The machine tool is used for developing products with enhanced/desired dimensional accuracy. These tools find various applications in heat treatment processes.
The top vendors highlighted by Technavio’s research analysts in this report are:
- AMG Advanced Metallurgical Group
- ECM Technologies
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