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Global Gas Nitriding Furnace Market 2018-2022

  • Published: Feb 2018
  • Pages: 120
  • SKU: IRTNTR20444
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The global gas nitriding furnace market size will witness an incremental growth close to USD 198 million by 2022. This industry research report provides a detailed analysis of the market by application (non-automotive and automotive) and by geography (the Americas, APAC, and EMEA). The report also provides an analysis of the market’s competitive landscape and offers information on several gas nitriding furnace manufacturers including Bodycote (NITREX METAL), Ipsen, SECO/WARWICK, Solar Manufacturing and Surface Combustion.

The infographic below contains key findings from our gas nitriding furnace market forecast report

 

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Global Gas Nitriding Furnace Industry Outlook

Technavio’s market research analysts have identified the increasing demand for internal combustion engines as one of the primary factors that will trigger the growth of the gas nitriding furnace market in the coming years. Gas nitriding process is extensively used for surface hardening of crankshafts which aids in converting energy and power to the rotary movement. Crankshafts utilize connecting rods to transfer piston movements to rotational movements and are required by various engine types in automotive engines. Internal combustion engines are used in a variety of non-automotive applications, owing to this, the demand for ICE is expected to increase in the next five years. More than 1300 million internal combustion engines were used in 2016 and comprise of engines of both automotive and non-automotive industry. Our market research analysts estimate that this market will grow steadily at a CAGR of more than 5% by 2022.

The increasing use of lightweight materials for automobile manufacturing is one of the key trends in the gas nitriding furnace market. Governments across the world are integrating stringent emission regulations which have compelled automakers to focus on developing safe, clean, and zero emission vehicles. The production of lightweight vehicles in the next 20 years will be a result of strong emission regulations and requirements for energy efficiency.

Companies covered

The gas nitriding furnace market is highly fragmented due to the presence of several players. This industry research report provides an in-depth analysis of the competitive environment in the surface hardening market among the leading furnace manufacturers. Moreover, our analysts also provide key areas that the vendors should focus on to sustain the competitive environment and gain maximum market share.

The report offers a detailed analysis of several leading companies, including:

  • Bodycote (NITREX METAL)
  • Ipsen
  • SECO/WARWICK
  • Solar Manufacturing
  • Surface Combustion

 

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Gas nitriding furnace market segmentation by application 

  • Non-automotive
  • Automotive

The non-automotive segment accounted for the major share of the surface hardening market during 2017. During the forecast period, this segment will continue to grow steadily due to the rising demand for construction equipment, generators, industrial machinery, and the aerospace industry.

Gas nitriding furnace market segmentation by geography

  • Americas
  • APAC
  • EMEA

APAC accounted for the maximum shares of the surface hardening market during 2017. Our analysts have predicted that APAC will witness steady growth in the next five years. The growth of this region can be attributed to the fact that the economic conditions are significantly improving in the emerging countries.

Key highlights of the global gas nitriding furnace​ market for the forecast years 2018-2022:

  • CAGR of the market during the forecast period 2018-2022
  • Detailed information on factors that will accelerate the growth of the gas nitriding furnace​ market during the next five years
  • Precise estimation of the global gas nitriding furnace​ market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behaviour
  • Growth of the gas nitriding furnace​ industry across various geographies such as the Americas, APAC, and EMEA
  • A thorough analysis of the market’s competitive landscape and detailed information on several vendors
  • Comprehensive information about factors that will challenge the growth of gas nitriding furnace​ companies

 

Want to dial in on a specific region or segment? We can help! Our analysts can customize this market research report to meet your requirements. Get in touch

 

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PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 05: MARKET SIZING

  • Market definition
  • Market sizing 2017
  • Market size and forecast 2017-2022

PART 06: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 07: MARKET SEGMENTATION BY APPLICATION

  • Segmentation by application
  • Comparison by application
  • Non-automotive – Market size and forecast 2017-2022
  • Automotive – Market size and forecast 2017-2022
  • Market opportunity by application

PART 08: CUSTOMER LANDSCAPE

PART 09: MARKET SEGMENTATION BY END-USER

  • Geographical segmentation
  • Regional comparison
  • Americas – Market size and forecast 2017-2022
  • EMEA – Market size and forecast 2017-2022
  • APAC – Market size and forecast 2017-2022
  • Key leading countries
  • Market opportunity

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 12: MARKET TRENDS

  • Lightweight materials used for automobile manufacturing
  • Development of single component atmosphere process

PART 13: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 14: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Surface Combustion
  • Bodycote (NITREX METAL)
  • SECO/WARWICK
  • Solar Manufacturing
  • Ipsen

PART 15: APPENDIX

  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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