Hardening Machines Market (Updated Version Available)

The Hardening Machines are device used for hardening that is a type of surface hardening in which a metal part is induction-heated and then quenched. The quenched metal undergoes a martensitic transformation, increasing the hardness and brittleness of the part. Hardening is used to selectively harden areas of a part or assembly without affecting the properties of the part as a whole.
In the coming years there is an increasing demand for Hardening Machines and related service in the regions of Asia Pacific and other developing countries that is expected to drive the market for more advanced Hardening Machines. Increasing of automotive fields expenditures, more-intense competition, launches in introducing new products, increasing of spending on general industry, retrofitting and renovation of old technology, increasing adoption of Hardening Machines will drive growth in global markets.
Globally, the Hardening Machines industry market is low concentrated as the manufacturing technology of Hardening Machines is relatively matures than some high-tech equipment. And some enterprises, like EMA Indutec, Denki Kogyo, EFD Induction, etc. are well-known for the wonderful performance of their Hardening Machines and related services. At the same time, Asia-Pacific, occupied 45% revenue market share in 2020 is remarkable in the global Hardening Machines industry because of their lower cost of raw material and labor.
The Hardening Machines market was valued at 140 Million US$ in 2020 and is projected to reach 210 Million US$ by 2026, at a CAGR of 5.0% during the forecast period. In this study, 2020 has been considered as the base year and 2021 to 2026 as the forecast period to estimate the market size for Hardening Machines.

This report covers the present status and the future prospects of the global Hardening Machines market for 2015-2026.
The report offers detailed coverage of Hardening Machines industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Hardening Machines by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
EMA Indutec, Denki Kogyo, EFD Induction, Fuji Electronic, SMS Elotherm, EMAG Machine Tools, Dai-ich High Frequency, Maschinenfabrik ALFING Kessler GmbH, Nabertherm, Heess, Shanghai Heatking Induction, AAGES SA, Chengdu Duolin Electric

Market Segment as follows:
Market by Order Type

Horizontal Hardening Machines
Vertical Hardening Machines
Hardening Machines Breakdown Data by Application
Automotive
Construction, Agriculture
Machine Tool

Hardening Machines market while maintaining their competitive edge over their competitors. The report offers detailed and crucial information to understand the overall market scenario.

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Hardening Machines market for the forecast period 2021 - 2026?
• What are the driving forces in the Hardening Machines market for the forecast period 2021 - 2026?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Hardening Machines industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?

Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.