Vacuum Induction Melting Furnace Market

Vacuum induction melting (VIM) utilizes electric currents to melt metal within a vacuum. The first prototype was developed in 1920. Induction heating induces eddy currents within conductors. Eddy currents create heating effects to melt the metal. Vacuum induction melting has been used in both the aerospace and nuclear industries.

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

Global Vacuum Induction Melting Furnace (VIM) Market Revenue, 2018-2023, 2024-2029, ($ millions)

Global Vacuum Induction Melting Furnace (VIM) Market Sales, 2018-2023, 2024-2029, (Units)

Global top five Vacuum Induction Melting Furnace (VIM) companies in 2022 (%)

The global Vacuum Induction Melting Furnace (VIM) market was valued at US$ 107.1 million in 2022 and is projected to reach US$ 135.8 million by 2029, at a CAGR of 3.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Global core vacuum induction melting furnace (VIM) manufacturers include ALD Vacuum, ULVAC and ECM etc. The top 5 companies hold a share about 50%.Asia Pacific is the largest market, with a share about 35%, followed by Europe and North America with the share about 30% and 25%.

We surveyed the Vacuum Induction Melting Furnace (VIM) 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 Induction Melting Furnace (VIM) Market, by Size, 2018-2023, 2024-2029 ($ Millions) & (Units)

Global Vacuum Induction Melting Furnace (VIM) Market Segment Percentages, by Size, 2022 (%)

Below 100 Kg

100Kg - 500Kg

Above 500Kg

Global Vacuum Induction Melting Furnace (VIM) Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Units)

Global Vacuum Induction Melting Furnace (VIM) Market Segment Percentages, by Application, 2022 (%)

Aerospace

Military

Electronics

Power Engineering

Others

Global Vacuum Induction Melting Furnace (VIM) Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Units)

Global Vacuum Induction Melting Furnace (VIM) 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 Induction Melting Furnace (VIM) revenues in global market, 2018-2023 (Estimated), ($ millions)

Key companies Vacuum Induction Melting Furnace (VIM) revenues share in global market, 2022 (%)

Key companies Vacuum Induction Melting Furnace (VIM) sales in global market, 2018-2023 (Estimated), (Units)

Key companies Vacuum Induction Melting Furnace (VIM) sales share in global market, 2022 (%)

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

ALD Vacuum Technologies

ULVAC

ECM

Secowarwick

Inductotherm Group (Consarc?

OTTO Junker GmbH

PVA IVS GmbH

HHV

Therelek

Shenyang Jinyan

Hengjin

SIMUWU

Topcast

Ecco High Frequency

Outline of Major Chapters:

Chapter 1: Introduces the definition of Vacuum Induction Melting Furnace (VIM), market overview.

Chapter 2: Global Vacuum Induction Melting Furnace (VIM) market size in revenue and volume.

Chapter 3: Detailed analysis of Vacuum Induction Melting Furnace (VIM) 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 size, 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 Induction Melting Furnace (VIM) 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 Induction Melting Furnace (VIM) 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.