Heat treating equipment is used for heat treatment to alter the physical and chemical properties of a material. The most common application is metallurgical. In the process of heat treating, metals are heated and cooled down in a series of some specific operations that does not allow the metal to reach the molten state.There are three stages of heat treatment known as Stage 1 - heating metal slowly to maintain a uniform temperature, Stage 2 - holding metal at a point of temperature for a specific time, and Stage 3 –cooling down the metal to room temperature. There are four types of heat treatment given to the material which are annealing, normalizing, hardening, and tempering. The temperature of furnaces is controlled by either temperature controllers or by PLC systems in order maintain the state of the metal.

Increasing number of passengers has resulted in more flight carriers being procured by airline companies. With changing lifestyles, consumers prefer air travel to save time and energy which has encouraged airline companies to purchase more aircrafts. Aviation industry is one of the major end-user industries for application of heat treatment. Many automobile companies use metal to manufacture automobiles for personal and commercial use. These metals are heat treated for molding and parts making. Heat treatment gives the metal sheet strength, hardness, and makes it malleable. These characteristics makes the automobile stronger and serviceable. Increasing disposable income and change in expenditure patterns have resulted in increasing demand for automobiles. Forging is another industry which heavily uses heat treatment for the metals to transform into new shapes and designs. Forging is generally used in aerospace and defense which entail hefty amount of investment. Rising joint military operations and constructing strong military bases are factors which help in procurement of ammunition and tanks which are made by forging method and it will help to boost the heat treating equipment market.

Heat treatment offers certain advantages which drives the heat treating equipment market. Heat treatment makes metal more useful by changing or restoring its mechanical properties. Through heat treating, metal becomes harder, stronger, and more resistant to impact. Also, heat treating can make a metal softer and more ductile.

There are some restraints and disadvantages of heat treating equipment which can affect the demand for the product. Heat treatment is a long process and is time consuming, and no heat treating procedure can produce all characteristics in one operation. Heat treatment also hardens a metal and may make it brittle, and it can break easily. In electrical heat treating equipment, heating elements are used and these elements burn out and have a short span of life. They are expensive to replace which increases the operation cost.

The global heat treating equipment market can be segmented based on product type, metal processed, end-use industry, and region. Based on product type, the heat treating equipment market can be classified into fuel-fired furnace and electrically heated furnace. Based on metal processed, the heat treating equipment market can be segmented into ferrous metals and non-ferrous metal. Based on end-use industry, the global heat treating equipment market can be classified into aircraft, automobile, forging, foundry, and others (heavy machinery manufacturing, powder metal industry, etc.). Based on region, the heat treating equipment market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America.

Some of the key players in the global heat treating equipment market are J.L Becker Co., CM Furnaces Inc., REMIX S.A, AFC-Holcroft LLC, Ajax Tocco Magnethermic Corporation, Thermal Product Solutions, Keith Company, JPW Industrial Ovens & Furnaces, Consolidated Engineering Company, and Grieve Corporation.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market    

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.