global top 14 companies accounted for 48% of total Vacuum Induction Melting Furnace (VIM) market (Business Opportunities - Money Making)

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global top 14 companies accounted for 48% of total Vacuum Induction Melting Furnace (VIM) market


Vacuum induction melting (VIM) utilizes electric currents to melt metal within a vacuum. The first prototype was developed in 1920. Induction heating induces eddy currents within conductors. Eddy currents create heating effects to melt the metal. Vacuum induction melting has been used in both the aerospace and nuclear industries.
The global key manufacturers of Vacuum Induction Melting Furnace (VIM) include Ecco High Frequency, Topcast, SIMUWU, Shenyang Jinyan, Hengjin, Therelek, HHV, PVA IVS GmbH, Therelek, Hengjin, etc. In 2021, the global top five players had a share approximately 48.0% in terms of revenue.

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Last Update : 24 April 2024 3:52 AM
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