A fully automatic induction hardening system is a piece of advanced equipment used for the heat treatment process of metal components to increase their hardness, wear resistance, and durability. Induction hardening is a rapid heating and quenching process that is performed using electromagnetic induction to heat the metal surface to a high temperature, causing the martensite phase to form, which is then quenched to achieve the desired hardness.
According to the new market research report “Fully Automatic Induction Hardening System- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”, published by QYResearch, the global Fully Automatic Induction Hardening System market size is projected to reach USD 5.02 billion by 2030, at a CAGR of 6.3% during the forecast period.
- Global Fully Automatic Induction Hardening System MarketSize(US$ Million), 2019-2030
Source: QYResearch, "Fully Automatic Induction Hardening System- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
- Global Fully Automatic Induction Hardening System Top15Players Ranking and Market Share (Ranking is based on the revenue of 2023, continually updated)
Source: QYResearch, "Fully Automatic Induction Hardening System- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
According to QYResearch Top Players Research Center, the global key manufacturers of Fully Automatic Induction Hardening System include EMA Indutec, Denki Kogyo, ENRX (EFD Induction), Inductotherm, Fuji Electronic, SMS Elotherm, Heatking Induction Technology, eldec, Park Ohio, Dai-ich High Frequency, etc. In 2023, the global top five players had a share approximately 13.0% in terms of revenue.
- Fully Automatic Induction Hardening System,Global Market Size, Split by Region
Source: QYResearch, "Fully Automatic Induction Hardening System- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030”
Market Drivers:
The manufacturing industry requires high-quality metal components that offer durability and resistance to wear and tear. Induction hardening is a preferred method for achieving these properties, leading to an increase in demand for automated systems.
Restraint:
The main restraint on the fully automatic induction hardening system market is the high cost of the system, which can be a barrier for small and medium-sized enterprises that may not have the resources to invest in such a system. This cost can also be a deterrent for some customers who may not see the immediate return on investment for such a system.
Opportunity:
the market is growing due to the increasing demand for high-quality, durable, and efficient metal components in various industries, such as automotive, aerospace, and manufacturing. These components require induction hardening to achieve the desired properties, which is driving the demand for automated systems.
About The Authors
Song Yue
Lead Author
Email: songyue@qyresearch.com
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