About Hardening Machinery
Hardening machinery is used in various industries like automotive, aerospace, mining machinery, railway & ships, etc. It is usually used in metallurgical metalworking processes to increase the hardness of the metal. The machinery provides efficiency and productivity in the hardening process of metalwork. It is available in two categories vertical and horizontal types with different features to enhance operability.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The global hardening machinery is fragmented with the presence of various players. The companies are focusing on research and development with advanced technology and launching new products. They are also planning strategic activities to expand and sustain in the market, this will maintain their competitive edge. 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.
Maschinenfabrik ALFING Kessler GmbH (Germany), Nabertherm GmbH (Germany), EMAG (Germany), EMA Indutec GmbH (Germany), SMS Elotherm GmbH (Germany), Tetra Laval (Switzerland), Radyne Corporation (United States), EFD Induction (Norway), Metcor Inc. (Canada), Hitech Induction (India) and Inductwell Engineers Pvt Ltd (India) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Hardening Machinery market by Type (Vertical Hardening Machinery and Horizontal Hardening Machinery) and Region.
On the basis of geography, the market of Hardening Machinery 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). Europe region held largest market share in the year 2023. If we see Market by Industry Verticals, the sub-segment i.e. Automotive will boost the Hardening Machinery market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Voltage, the sub-segment i.e. 230 V will boost the Hardening Machinery market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Hardening Machinery market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Usage of Vertical Hardening Machinery in Various Industries Due to its Easy Operation
Market Growth Drivers:
Growing Metallurgical and Manufacturing Operations and Demand for High Production and Efficient Operation in Hardening and Tempering of Components
Challenges:
Handling and Maintenance Related Cost of Hardening Machinery
Restraints:
Regulatory Standards Associated with Hardening Machinery and its Operations
Opportunities:
Technological Advancement in the Hardening Machinery and Surging Demand for Hardening Machinery from Developing Countries
On 31st May 2021, EFD Induction launched a new generation of vertical hardening machines. The HardLine M modular hardening machine is equipped with all the functions that are required for smart manufacturing in the age of Industry 4.0. The HardLine M boasts an ergonomic design, a well-laid-out work area, and good accessibility.
Key Target Audience
Hardening Machinery Manufacturers, Hardening Machinery International Traders, Hardening Machinery Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies 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.