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 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, 2017-2022, 2023-2028, ($ millions)

Global Vacuum Induction Melting Furnace (VIM) Market Sales, 2017-2022, 2023-2028, (Units)

Global top five Vacuum Induction Melting Furnace (VIM) companies in 2021 (%)

The global Vacuum Induction Melting Furnace (VIM) market was valued at 107.1 million in 2021 and is projected to reach US$ 135.8 million by 2028, at a CAGR of 3.4% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Below 100 Kg Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Vacuum Induction Melting Furnace (VIM) include ALD Vacuum Technologies, ULVAC, ECM, Secowarwick, Inductotherm Group (Consarc?, OTTO Junker GmbH, PVA IVS GmbH, HHV and Therelek, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

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, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global Vacuum Induction Melting Furnace (VIM) Market Segment Percentages, by Size, 2021 (%)

Below 100 Kg

100Kg - 500Kg

Above 500Kg

Global Vacuum Induction Melting Furnace (VIM) Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global Vacuum Induction Melting Furnace (VIM) Market Segment Percentages, by Application, 2021 (%)

Aerospace

Military

Electronics

Power Engineering

Others

Global Vacuum Induction Melting Furnace (VIM) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)

Global Vacuum Induction Melting Furnace (VIM) Market Segment Percentages, By Region and Country, 2021 (%)

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, 2017-2022 (Estimated), ($ millions)

Key companies Vacuum Induction Melting Furnace (VIM) revenues share in global market, 2021 (%)

Key companies Vacuum Induction Melting Furnace (VIM) sales in global market, 2017-2022 (Estimated), (Units)

Key companies Vacuum Induction Melting Furnace (VIM) sales share in global market, 2021 (%)

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

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