Vacuum Arc Remelting Furnace market

Vacuum Arc Remelting Furnace (VAR) Market, Global Outlook and Forecast 2023-2029

  • 30 March 2023
  • Manufacturing & Construction
  • 72 Pages
  • Report code : PMR-7622147

  • 4.7 (158)

Vacuum Arc Remelting Furnace Market

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Vacuum Arc Remelting Furnace (VAR) is used for secondary melting process for production of metal ingots with elevated chemical and mechanical homogeneity for highly demanding applications.

Vacuum Arc Remelting Furnace Market aims to provide a comprehensive presentation of the global market for Vacuum Arc Remelting Furnace (VAR), 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 Vacuum Arc Remelting Furnace (VAR). Vacuum Arc Remelting Furnace Market contains market size and forecasts of Vacuum Arc Remelting Furnace (VAR) in global, including the following market information:

Global Vacuum Arc Remelting Furnace (VAR) Market Revenue, 2018-2023, 2024-2029, ($ millions)

Global Vacuum Arc Remelting Furnace (VAR) Market Sales, 2018-2023, 2024-2029, (Units)

Global top five Vacuum Arc Remelting Furnace (VAR) companies in 2022 (%)

The global Vacuum Arc Remelting Furnace (VAR) market was valued at US$ 64 million in 2022 and is projected to reach US$ 93 million by 2029, at a CAGR of 5.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

For the major players of Vacuum Arc Remelting Furnace (VAR), ALD Vacuum Technologies maintained its first place in the ranking in 2019, followed by INTECO Group, Inductotherm Group (Consarc), Secowarwick and Xinlanhai. Top 5 players accounted for about 48% of the Global Vacuum Arc Remelting Furnace (VAR) revenue market share in 2019.

The sales market for Vacuum Arc Remelting Furnace (VAR) was divided into five geographic regions. Asia-Pacific occupied the largest sales market share with about 45% in 2019. It is followed by Europe and North America with about 25% and 22% respectively, while other regions have smaller market.

On the basis of product type, Below 1MT segment is projected to account for the largest production volume market share during the forecast period; this segment was estimated to account for about 56% share in 2019 in terms of volume.

In the applications, Aerospace segment was estimated to account for the highest market share of about 40% in 2019 in terms of volume.

We surveyed the Vacuum Arc Remelting Furnace (VAR) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Vacuum Arc Remelting Furnace (VAR) Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Units)

Global Vacuum Arc Remelting Furnace (VAR) Market Segment Percentages, by Type, 2022 (%)

Below 1MT

1-8MT

Above 8MT

Global Vacuum Arc Remelting Furnace (VAR) Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Units)

Global Vacuum Arc Remelting Furnace (VAR) Market Segment Percentages, by Application, 2022 (%)

Aerospace

Military & Defense

Electronics

Power Engineering

Others

Global Vacuum Arc Remelting Furnace (VAR) Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Units)

Global Vacuum Arc Remelting Furnace (VAR) Market Segment Percentages, By Region and Country, 2022 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Vacuum Arc Remelting Furnace (VAR) revenues in global market, 2018-2023 (Estimated), ($ millions)

Key companies Vacuum Arc Remelting Furnace (VAR) revenues share in global market, 2022 (%)

Key companies Vacuum Arc Remelting Furnace (VAR) sales in global market, 2018-2023 (Estimated), (Units)

Key companies Vacuum Arc Remelting Furnace (VAR) sales share in global market, 2022 (%)

Further, the report presents profiles of competitors in the market, key players include:

ALD Vacuum Technologies

INTECO Group

Inductotherm Group (Consarc?

Secowarwick

Xinlanhai

Suzhou Zhenwu (Zhenhu) Electric Furnace Co., Ltd.

Dingsheng

Shenyang Jinyan

Hengjin

Outline of Major Chapters:

Chapter 1: Introduces the definition of Vacuum Arc Remelting Furnace (VAR), market overview.

Chapter 2: Global Vacuum Arc Remelting Furnace (VAR) market size in revenue and volume.

Chapter 3: Detailed analysis of Vacuum Arc Remelting Furnace (VAR) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Vacuum Arc Remelting Furnace (VAR) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Vacuum Arc Remelting Furnace (VAR) capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.

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