Global Hardening Machinery Market Growth 2023-2029

Global Hardening Machinery Market Growth 2023-2029

Product Code:464095

Published Date: Jan 06,2023

Pages: 108

Region: Global

Category: Machinery & Equipment

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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.

LPI (LP Information)' newest research report, the “Hardening Machinery Industry Forecast” looks at past sales and reviews total world Hardening Machinery sales in 2022, providing a comprehensive analysis by region and market sector of projected Hardening Machinery sales for 2023 through 2029. With Hardening Machinery sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hardening Machinery industry.

This Insight Report provides a comprehensive analysis of the global Hardening Machinery landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Hardening Machinery portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Hardening Machinery market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hardening Machinery and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Hardening Machinery.

The global Hardening Machinery market size is projected to grow from US$ 250.4 million in 2022 to US$ 312.5 million in 2029; it is expected to grow at a CAGR of 312.5 from 2023 to 2029.

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 55% market share.

This report presents a comprehensive overview, market shares, and growth opportunities of Hardening Machinery market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Horizontal Hardening Machines
    Vertical Hardening Machines

Segmentation by application
    Automotive
    Construction, Agriculture
    Machine Tool

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    EMA Indutec
    Denki Kogyo
    EFD Induction
    Fuji Electronic
    SMS Elotherm
    EMAG Machine Tools
    Dai-ich High Frequency
    Maschinenfabrik ALFING Kessler GmbH
    Nabertherm
    Heess
    Shanghai Heatking Induction
    AAGES SA
    Chengdu Duolin Electric

Key Questions Addressed in this Report
What is the 10-year outlook for the global Hardening Machinery market?
What factors are driving Hardening Machinery market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Hardening Machinery market opportunities vary by end market size?
How does Hardening Machinery break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?