Indutrial Thermal Processing Equipment, Global Market Size Forecast, Top 28 Players Rank and Market (Internet Services - Other Internet Services)

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Indutrial Thermal Processing Equipment, Global Market Size Forecast, Top 28 Players Rank and Market


Heat treatment is one of the four basic processes (forging, casting, heat treatment and surface treatment) in the equipment manufacturing industry. The level of heat treatment technology plays a decisive role in the added value of complete machine manufacturing.
Heat treatment equipment mainly includes heat treatment furnaces and induction heating equipment. According to different operating methods, it can be divided into batch (intermittent) and continuous heat treatment equipment. It can ensure and improve various properties of the workpiece, such as strength, hardness, plasticity, toughness, wear resistance, corrosion resistance, etc.; it can also improve the structure and stress state of the blank to facilitate various cold and hot processing.
According to the new market research report "Global Industrial Thermal Processing Equipment Market Report 2023-2029", published by QYResearch, the global Industrial Thermal Processing Equipment market size is projected to reach USD 3314 million by 2029, at a CAGR of 2.2% during the forecast period.

Market Drivers:
1.Policy support: National policies promote the upgrading of the foundation of the heat treatment industry and use digital and intelligent technologies to ensure product quality;
2.Import substitution in the manufacturing industry: Heat treatment technology is the basic technology, core technology and key technology of high-end equipment manufacturing.Its application fields cover almost all manufacturing fields, reflecting the core competitiveness of the country's manufacturing industry.China's heat treatment industry will face the historical opportunity of import substitution and has broad market space, especially in the field of high-end heat treatment equipment and core components.

Opportunity:
1. Intelligent, high-end, modern, and complex:
High-end heat treatment equipment manufacturing enterprises that master the key core technologies of high-end heat treatment equipment manufacturing, possess independent intellectual property rights and complete sets of advanced technologies, can realize heat treatment automation and intelligent production, and can provide high-quality heat treatment-related services will have broad room for development.
2. Carbon neutrality goal drives green manufacturing of heat treatment equipment:
With the implementation of the national energy conservation and emission reduction guidelines, the requirements for energy conservation, consumption reduction and emission reduction of heat treatment equipment are getting higher and higher, which will bring new profit growth points to enterprises that adhere to green, low-carbon manufacturing, energy conservation and environmental protection.

For more information, please contact the following e-mail address:
Email: global@qyresearch.com
Website: https://www.qyresearch.com
QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.



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Last Update : 25 March 2024 3:25 AM
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