About Induction Brazing
Induction brazing is a method of joining two or more materials utilizing induction heating and filler metal with a lower melting temperature than the base materials. Brazing can be done using a variety of heating processes, including flame, infrared, laser, oven, and induction. Induction brazing has a number of advantages over other heating methods. As a result, it is a widely utilized heating method. Induction brazing is utilized in aerospace, automotive, and HVAC applications. Induction brazing is a technique for forming a high-strength bond between two materials. It is excellent for mass manufacturing because of its simple operation and simple production methodology. Manufacturers are continually looking for more efficient production processes that will lower production costs without sacrificing product quality. Inflame or other types of brazing, skilled personnel is essential. Manufacturers can reduce the need for trained personnel by using induction brazing. It also allows manufacturers to cut energy costs, reduce equipment footprints, and apply a lean manufacturing process.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that European Manufacturers will contribute the maximum growth to Global Induction Brazing market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
GH Electrotermia SA (Spain), UltraFlex (India), Ajax Tocco Magnethermic Corporation (United States), VBC Group (United Kingdom), Vacuum Process Engineering (United States), MSI Automation (Malaysia), Proton Engineering (India), EMAG eldec Induction GmbH (Germany), Esaris Industries (France) and Bodycote plc (United Kingdom) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Induction Brazing market by , Application (Aerospace Components, Industrial Gas Turbine Components, Engineering Components, Automotive Components, Electronic Devices and Others) and Region.
On the basis of geography, the market of Induction Brazing has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Filler Material, the sub-segment i.e. Nickel will boost the Induction Brazing market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers:
Growing Demand in Automobile and Aerospace Industries, Increases Fatigue Strength and Induction Brazing Eliminates Distortion and Metallurgical Changes on Surfaces of a Work Piece
Challenges:
Only Certain Steels CAN be Induction Hardened and The Method is Restricted to Components Having a Shape that is Suitable for Induction Hardening
Restraints:
High Capital Investment
Opportunities:
Increased Investment in R and D and Companies Operating in the Global Induction Brazing Market are Striving to Expand their Distribution Network and Improve Product Portfolios
Market Leaders and their expansionary development strategies
In December 2023 Arendals Fossekompani (AFK) acquired 100 percent of IPT Technology, a German company developing wireless power transfer technology. At the same time, AFK is establishing a new group, Evolgy, which will own both IPT Technology and the Norwegian induction heating company EFD Induction.
In Decemer 2023, inTEST Corporation, a global supplier of innovative test and process technology solutions for use in manufacturing and testing in key target markets which include automotive/EV, defense/aerospace, industrial, life sciences, security, and semiconductor (“semi”), introduced of its all-new EKOHEAT 2 induction heating products by Ambrell, an inTEST company. The EKOHEAT 2 offering is the next generation and evolution of Ambrell’s renowned VPA Technology.
Key Target Audience
Induction Brazing Service Providers, Automotive Industry, Electronic Industry, Manufacturing Industry and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.