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.
Market Analysis and Insights: Global Hardening Machines Market
Due to the COVID-19 pandemic, the global Hardening Machines market size is estimated to be worth US$ 187.7 million in 2022 and is forecast to a readjusted size of US$ 225.4 million by 2028 with a CAGR of 3.1% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Horizontal accounting for % of the Hardening Machines global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Automotive segment is altered to an % CAGR throughout this forecast period.
Europe is the largest market with about 31% market share. Japan is follower, accounting for about 21% market share.
The key players are EMA Indutec, Denki Kogyo, EFD Induction, Inductotherm, Fuji Electronic, SMS Elotherm, EMAG Machine Tools, Park Ohio, Dai-ich High Frequency, Maschinenfabrik ALFING Kessler GmbH, Nabertherm, Heess, Shanghai Heatking Induction, AAGES SA, Chengdu Duolin Electric etc. Top 5 companies occupied about 52% market share.
Global Hardening Machines Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Hardening Machines Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Horizontal
Vertical
Others
Segment by Application
Automotive
Construction, Agriculture
Machine Tool
Others
By Company
EMA Indutec
Denki Kogyo
EFD Induction
Inductotherm
Fuji Electronic
SMS Elotherm
EMAG Machine Tools
Park Ohio
Dai-ich High Frequency
Maschinenfabrik ALFING Kessler GmbH
Nabertherm
Heess
Shanghai Heatking Induction
AAGES SA
Chengdu Duolin Electric
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Market Analysis and Insights: Global Hardening Machines Market
Due to the COVID-19 pandemic, the global Hardening Machines market size is estimated to be worth US$ 187.7 million in 2022 and is forecast to a readjusted size of US$ 225.4 million by 2028 with a CAGR of 3.1% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Horizontal accounting for % of the Hardening Machines global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Automotive segment is altered to an % CAGR throughout this forecast period.
Europe is the largest market with about 31% market share. Japan is follower, accounting for about 21% market share.
The key players are EMA Indutec, Denki Kogyo, EFD Induction, Inductotherm, Fuji Electronic, SMS Elotherm, EMAG Machine Tools, Park Ohio, Dai-ich High Frequency, Maschinenfabrik ALFING Kessler GmbH, Nabertherm, Heess, Shanghai Heatking Induction, AAGES SA, Chengdu Duolin Electric etc. Top 5 companies occupied about 52% market share.
Global Hardening Machines Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Hardening Machines Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Horizontal
Vertical
Others
Segment by Application
Automotive
Construction, Agriculture
Machine Tool
Others
By Company
EMA Indutec
Denki Kogyo
EFD Induction
Inductotherm
Fuji Electronic
SMS Elotherm
EMAG Machine Tools
Park Ohio
Dai-ich High Frequency
Maschinenfabrik ALFING Kessler GmbH
Nabertherm
Heess
Shanghai Heatking Induction
AAGES SA
Chengdu Duolin Electric
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
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