The Hardening Machines are device used for hardening that is a type of surface hardening in which a metal part is induction-heated and then quenched. The quenched metal undergoes a martensitic transformation, increasing the hardness and brittleness of the part. Hardening is used to selectively harden areas of a part or assembly without affecting the properties of the part as a whole.
In the coming years there is an increasing demand for Hardening Machines and related service in the regions of Asia Pacific and other developing countries that is expected to drive the market for more advanced Hardening Machines. Increasing of automotive fields expenditures, more-intense competition, launches in introducing new products, increasing of spending on general industry, retrofitting and renovation of old technology, increasing adoption of Hardening Machines will drive growth in global markets.
Globally, the Hardening Machines industry market is low concentrated as the manufacturing technology of Hardening Machines is relatively matures than some high-tech equipment. And some enterprises, like EMA Indutec, Denki Kogyo, EFD Induction, etc. are well-known for the wonderful performance of their Hardening Machines and related services. At the same time, Asia-Pacific, occupied 45% revenue market share in 2017 is remarkable in the global Hardening Machines industry because of their lower cost of raw material and labor.
According to this study, over the next five years the Hardening Machines market will register a 5.1% CAGR in terms of revenue, the global market size will reach US$ 190 million by 2024, from US$ 140 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Hardening Machines business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Hardening Machines market by product type, application, key manufacturers and key regions and countries.
This study considers the Hardening Machines value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Horizontal Hardening Machines
Vertical Hardening Machines
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Automotive
Construction, Agriculture
Machine Tool
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
EMA Indutec
Denki Kogyo
EFD Induction
Fuji Electronic
SMS Elotherm
EMAG Machine Tools
Dai-ich High Frequency
Maschinenfabrik ALFING Kessler GmbH
Nabertherm
Heess
Shanghai Heatking Induction
AAGES SA
Chengdu Duolin Electric
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Hardening Machines consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Hardening Machines market by identifying its various subsegments.
Focuses on the key global Hardening Machines manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Hardening Machines with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Hardening Machines submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Hardening Machines . Industry analysis & Market Report on Hardening Machines is a syndicated market report, published as Global Hardening Machines Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Hardening Machines market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.