Vacuum carburizing furnaces market is expected to be valued at US$ 162.71 Mn in 2020 and growing at a CAGR of 6% over the forecast period to reach US$ 244.65 Mn by 2027 owing to the advantages such as easy integration into manufacturing and adoption of clean, safe, and simple process to operate are the major factors driving the growth of the market. Moreover, vacuum carburizing furnaces are environmental friendly that doesn’t create any pollution, heat, and no open flames. Furthermore, Vacuum carburizing furnaces offers effective process control coupled with isothermal quench options and consistency in process with less thermal stress due to uniform heating and cooling. Additionally, this offers high precision carburizing with computer control and no internal oxidation that significantly improves the surface fatigue properties of parts.
Global vacuum carburizing furnaces market report gives comprehensive outlook across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The report gives historical, current, and future market sizes (US$ Mn) on the basis of type, application, and region. This report market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the global market report include suppliers, manufacturers, marketers, policy makers, and service providers engaged in global vacuum carburizing furnaces.