2021-2027 Global and Regional Vacuum Induction Melting Furnace (VIM) Industry Status and Prospects Professional Market Research Report Standard Version

The global Vacuum Induction Melting Furnace (VIM) market was valued at 5947.1 Million USD in 2020 and will grow with a CAGR of 6.51% from 2020 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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.The global well-known brands in Vacuum Induction Melting Furnace (VIM) market include ALD Vacuum Technologies(17.03%) , ULVAC(9.67%) , ECM(5.97%) , Secowarwick(5.69%) , Inductotherm Group (Consarc)(4.68%) , OTTO Junker GmbH(4.24%), PVA IVS GmbH(3.70%) , HHV(2.07%) , Therelek(1.81%) , Shenyang Jinyan(1.50%) , Hengjin(1.46%) , SIMUWU(1.22%) , Topcast(0.77%) , Ecco High Frequency(0.57%) and Others(39.63%). Based on the Vacuum Induction Melting Furnace (VIM) application, the market is sub-segmented into Aerospace, Military, Electronics, Power Engineering, etc. In terms of types, all Vacuum Induction Melting Furnace (VIM) can be divided into Below 100 Kg, 100Kg - 500Kg and Above 500Kg. On basis of geography, the Vacuum Induction Melting Furnace (VIM) is manufactured in India, North America, Europe and Japan.

By Market Verdors:

ALD Vacuum Technologies

ULVAC

ECM

Secowarwick

Inductotherm Group (Consarc）

OTTO Junker GmbH

PVA IVS GmbH

HHV

Therelek

Shenyang Jinyan

Hengjin

SIMUWU

By Type

s:

Aerospace

Military

Electronics

Power Engineering

By Application

s:

Below 100 Kg

100Kg - 500Kg

Above 500Kg



Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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