PUBLISHER: IMARC | PRODUCT CODE: 1468662
PUBLISHER: IMARC | PRODUCT CODE: 1468662
Vacuum Ovens Market Report by Product Type (<200, 200-300, >300), Application (Home Appliances, Commercial Appliances), and Region 2024-2032
The global vacuum ovens market size reached US$ 249.7 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 418.7 Million by 2032, exhibiting a growth rate (CAGR) of 5.7% during 2024-2032.
A vacuum oven is an extremely versatile equipment that has applications in laboratory research, engineering, and industry. In vacuum ovens, the process of heat treatment takes place inside an airtight vessel. This enables a vacuum to be drawn inside the vessel. The entire heat-treating procedure can be initiated under vacuum or precisely controlled environments can be introduced. Heat treating under vacuum can provide numerous advantages such as:
It can prevent surface reactions like oxidation or decarburization
It can remove surface contaminants like oxide films and residual traces of lubricants
It can add a substance to the surface layers of the work
It can remove dissolved contaminating materials from metals by degassing
The rise of the vacuum oven market largely relies on the legalised use of cannabis in considerable parts of the world and the commercialisation that materializes with it. For the legalised cannabis growers, vacuum ovens help them to process cannabis extract BHOs (Butane Hash oil). Through these vacuums, the growers get purified oil extract, along with a reduced risk of fire while performing the entire process. The vacuum ovens are also used in the medical industry to remove chemicals that are possibly toxic to the human body. This process is essentially compelling for embedded medical devices like artificial heart valves, pacemakers and even joints. In addition to this, these ovens are also used in order to comprehend how a device will react to the high vacuum environment of space, which makes them a viable equipment for the aerospace industry.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global vacuum ovens market report, along with forecasts at the global and regional levels from 2024-2032. Our report has categorized the market based on product type and application.
Breakup by Product Type:
<200
200-300
>300
Based on the product type, the market has been segmented into <200, 200-300 and >300.
Breakup by Application:
Home Appliances
Commercial Appliances
Based on the application, the market has been segmented into home appliances and commercial appliances.
Regional Insights:
North America
Europe
Asia Pacific
Middle East and Africa
Latin America
Region-wise, the market has been segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Competitive Landscape:
The competitive landscape of the market has also been examined with some of the key players being Cole-Parmer, Memmert GmbH+Co.KG, MTI Corporation, Sheldon Manufacturing Inc, Thermo Fisher Scientific, Accumax India, BINDER GmbH, Cascade TEK, ESPEC, Grieve, JEIO, SalvisLab Renggli, Shanghai Hasuc Instrument, Ted Pella and Yamato Scientific.
This report provides a deep insight into the global vacuum ovens market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the vacuum ovens industry in any manner.
Key Questions Answered in This Report:
- How has the global vacuum ovens market performed so far and how will it perform in the coming years?
- What are the key regional markets in the global vacuum ovens industry?
- What has been the impact of COVID-19 on the global vacuum ovens industry?
- What is the breakup of the global vacuum ovens market on the basis of product type?
- What is the breakup of the global vacuum ovens market on the basis of application?
- What are the price trends of vacuum ovens?
- What are the various stages in the value chain of the global vacuum ovens market?
- What are the key driving factors and challenges in the global vacuum ovens market?
- What is the structure of the global vacuum ovens market and who are the key players?
- What is the degree of competition in the global vacuum ovens market?
- How are vacuum ovens manufactured?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Vacuum Ovens Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Breakup by Product Type
- 5.5 Market Breakup by Application
- 5.6 Market Breakup by Region
- 5.7 Market Forecast
- 5.8 SWOT Analysis
- 5.8.1 Overview
- 5.8.2 Strengths
- 5.8.3 Weaknesses
- 5.8.4 Opportunities
- 5.8.5 Threats
- 5.9 Value Chain Analysis
- 5.9.1 Overview
- 5.9.2 Raw Material Procurement
- 5.9.3 Manufacturing
- 5.9.4 Marketing
- 5.9.5 Distribution
- 5.9.6 End-Use
- 5.10 Porters Five Forces Analysis
- 5.10.1 Overview
- 5.10.2 Bargaining Power of Buyers
- 5.10.3 Bargaining Power of Suppliers
- 5.10.4 Degree of Competition
- 5.10.5 Threat of New Entrants
- 5.10.6 Threat of Substitutes
- 5.11 Price Analysis
6 Market Breakup by Product Type
- 6.1 <200
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 200-300
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 >300
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
7 Market Breakup by Application
- 7.1 Home Appliances
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Commercial Appliances
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
8 Market Breakup by Region
- 8.1 North America
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Europe
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Asia Pacific
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Middle East and Africa
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Latin America
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
9 Vacuum Ovens Manufacturing Process
- 9.1 Product Overview
- 9.2 Raw Material Requirements
- 9.3 Manufacturing Process
- 9.4 Key Success and Risk Factors
10 Competitive Landscape
- 10.1 Market Structure
- 10.2 Key Players
- 10.3 Profiles of Key Players
- 10.3.1 Cole-Parmer
- 10.3.2 Memmert GmbH+Co.KG
- 10.3.3 MTI Corporation
- 10.3.4 Sheldon Manufacturing Inc
- 10.3.5 Thermo Fisher Scientific
- 10.3.6 Accumax India
- 10.3.7 BINDER GmbH
- 10.3.8 Cascade TEK
- 10.3.9 ESPEC
- 10.3.10 Grieve
- 10.3.11 JEIO
- 10.3.12 SalvisLab Renggli
- 10.3.13 Shanghai Hasuc Instrument
- 10.3.14 Ted Pella
- 10.3.15 Yamato Scientific
List of Figures
- Figure 1: Global: Vacuum Ovens Market: Major Drivers and Challenges
- Figure 2: Global: Vacuum Ovens Market: Sales Value (in Million US$), 2018-2023
- Figure 3: Global: Vacuum Ovens Market: Breakup by Product Type (in %), 2023
- Figure 4: Global: Vacuum Ovens Market: Breakup by Application (in %), 2023
- Figure 5: Global: Vacuum Ovens Market: Breakup by Region (in %), 2023
- Figure 6: Global: Vacuum Ovens Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 7: Global: Vacuum Ovens Industry: SWOT Analysis
- Figure 8: Global: Vacuum Ovens Industry: Value Chain Analysis
- Figure 9: Global: Vacuum Ovens Industry: Porter's Five Forces Analysis
- Figure 10: Vacuum Ovens Market: Price Structure (in %)
- Figure 11: Global: Vacuum Ovens (<200) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 12: Global: Vacuum Ovens (<200) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 13: Global: Vacuum Ovens (200-300) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 14: Global: Vacuum Ovens (200-300) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 15: Global: Vacuum Ovens (>300) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 16: Global: Vacuum Ovens (>300) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 17: Global: Vacuum Ovens (Home Appliances) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 18: Global: Vacuum Ovens (Home Appliances) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 19: Global: Vacuum Ovens (Commercial Appliances) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 20: Global: Vacuum Ovens (Commercial Appliances) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 21: North America: Vacuum Ovens Market: Sales Value (in Million US$), 2018 & 2023
- Figure 22: North America: Vacuum Ovens Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 23: Europe: Vacuum Ovens Market: Sales Value (in Million US$), 2018 & 2023
- Figure 24: Europe: Vacuum Ovens Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 25: Asia Pacific: Vacuum Ovens Market: Sales Value (in Million US$), 2018 & 2023
- Figure 26: Asia Pacific: Vacuum Ovens Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 27: Middle East and Africa: Vacuum Ovens Market: Sales Value (in Million US$), 2018 & 2023
- Figure 28: Middle East and Africa: Vacuum Ovens Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 29: Latin America: Vacuum Ovens Market: Sales Value (in Million US$), 2018 & 2023
- Figure 30: Latin America: Vacuum Ovens Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 31: Vacuum Ovens Manufacturing: Detailed Process Flow
List of Tables
- Table 1: Global: Vacuum Ovens Market: Key Industry Highlights, 2023 and 2032
- Table 2: Global: Vacuum Ovens Market Forecast: Breakup by Product Type (in Million US$), 2024-2032
- Table 3: Global: Vacuum Ovens Market Forecast: Breakup by Application (in Million US$), 2024-2032
- Table 4: Global: Vacuum Ovens Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 5: Vacuum Ovens Manufacturing: Raw Material Requirements
- Table 6: Global: Vacuum Ovens Market: Competitive Structure
- Table 7: Global: Vacuum Ovens Market: Key Players
