Global Metal Heat Treatment Market 2024-2028

Description

List of Tables

The metal heat treatment market is forecasted to grow by USD 17.72 bn during 2023-2028, accelerating at a CAGR of 3.11% during the forecast period. The report on the metal heat treatment market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by integration of metal heat treatment processes into production lines, increase in development projects in developing countries, and growing demand for metal heat treatment from automotive and aerospace industries.

Technavio's metal heat treatment market is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	2.4%
CAGR	3.11%
Incremental Value	$17.72bn

By End-user

Automotive
Industrial machinery
Construction
Aerospace
Others

By Material

Steel
Cast iron
Others

By Geographical Landscape

APAC
North America
Europe
South America
Middle East and Africa

This study identifies the increasing demand for CNC-incorporated machine tools as one of the prime reasons driving the metal heat treatment market growth during the next few years. Also, growing adoption of electric vehicles and rising popularity of lightweight vehicles will lead to sizable demand in the market.

The report on the metal heat treatment market covers the following areas:

Metal heat treatment market sizing
Metal heat treatment market forecast
Metal heat treatment market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading metal heat treatment market vendors that include Advanced Heat Treat Corp., American Metal Treating Inc., Bluewater Thermal Solutions, Bodycote Plc, East Lind Heat Treat Inc., General Metal Heat Treating Inc., Metal Heat Co. Ltd., Nabertherm GmbH, NATIONAL HEAT TREAT LLC, ONEX Corp., Pacific Metallurgical Inc, Park Ohio Holdings Corp., Peters Heat Treating Inc., SECO WARWICK SA, SEI Heat Treat, Shanghai Hedinger Heat Treatment Co. Ltd., Thermex Metal Treating Ltd, TRI J Metal Heat Treating Inc., Unitherm Engineers Ltd., and Voestalpine AG. Also, the metal heat treatment market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR44946

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by End-user
Exhibit 06: Executive Summary - Chart on Market Segmentation by Material
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global metal heat treatment market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global metal heat treatment market 2018 - 2022 ($ billion)
4.2 End-user Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - End-user Segment 2018 - 2022 ($ billion)
4.3 Material Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Material Segment 2018 - 2022 ($ billion)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by End-user

6.1 Market segments
Exhibit 30: Chart on End-user - Market share 2023-2028 (%)
Exhibit 31: Data Table on End-user - Market share 2023-2028 (%)
6.2 Comparison by End-user
Exhibit 32: Chart on Comparison by End-user
Exhibit 33: Data Table on Comparison by End-user
6.3 Automotive - Market size and forecast 2023-2028
Exhibit 34: Chart on Automotive - Market size and forecast 2023-2028 ($ billion)
Exhibit 35: Data Table on Automotive - Market size and forecast 2023-2028 ($ billion)
Exhibit 36: Chart on Automotive - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Automotive - Year-over-year growth 2023-2028 (%)
6.4 Industrial machinery - Market size and forecast 2023-2028
Exhibit 38: Chart on Industrial machinery - Market size and forecast 2023-2028 ($ billion)
Exhibit 39: Data Table on Industrial machinery - Market size and forecast 2023-2028 ($ billion)
Exhibit 40: Chart on Industrial machinery - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Industrial machinery - Year-over-year growth 2023-2028 (%)
6.5 Construction - Market size and forecast 2023-2028
Exhibit 42: Chart on Construction - Market size and forecast 2023-2028 ($ billion)
Exhibit 43: Data Table on Construction - Market size and forecast 2023-2028 ($ billion)
Exhibit 44: Chart on Construction - Year-over-year growth 2023-2028 (%)
Exhibit 45: Data Table on Construction - Year-over-year growth 2023-2028 (%)
6.6 Aerospace - Market size and forecast 2023-2028
Exhibit 46: Chart on Aerospace - Market size and forecast 2023-2028 ($ billion)
Exhibit 47: Data Table on Aerospace - Market size and forecast 2023-2028 ($ billion)
Exhibit 48: Chart on Aerospace - Year-over-year growth 2023-2028 (%)
Exhibit 49: Data Table on Aerospace - Year-over-year growth 2023-2028 (%)
6.7 Others - Market size and forecast 2023-2028
Exhibit 50: Chart on Others - Market size and forecast 2023-2028 ($ billion)
Exhibit 51: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
Exhibit 52: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibit 53: Data Table on Others - Year-over-year growth 2023-2028 (%)
6.8 Market opportunity by End-user
Exhibit 54: Market opportunity by End-user ($ billion)
Exhibit 55: Data Table on Market opportunity by End-user ($ billion)

7 Market Segmentation by Material

7.1 Market segments
Exhibit 56: Chart on Material - Market share 2023-2028 (%)
Exhibit 57: Data Table on Material - Market share 2023-2028 (%)
7.2 Comparison by Material
Exhibit 58: Chart on Comparison by Material
Exhibit 59: Data Table on Comparison by Material
7.3 Steel - Market size and forecast 2023-2028
Exhibit 60: Chart on Steel - Market size and forecast 2023-2028 ($ billion)
Exhibit 61: Data Table on Steel - Market size and forecast 2023-2028 ($ billion)
Exhibit 62: Chart on Steel - Year-over-year growth 2023-2028 (%)
Exhibit 63: Data Table on Steel - Year-over-year growth 2023-2028 (%)
7.4 Cast iron - Market size and forecast 2023-2028
Exhibit 64: Chart on Cast iron - Market size and forecast 2023-2028 ($ billion)
Exhibit 65: Data Table on Cast iron - Market size and forecast 2023-2028 ($ billion)
Exhibit 66: Chart on Cast iron - Year-over-year growth 2023-2028 (%)
Exhibit 67: Data Table on Cast iron - Year-over-year growth 2023-2028 (%)
7.5 Others - Market size and forecast 2023-2028
Exhibit 68: Chart on Others - Market size and forecast 2023-2028 ($ billion)
Exhibit 69: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
Exhibit 70: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibit 71: Data Table on Others - Year-over-year growth 2023-2028 (%)
7.6 Market opportunity by Material
Exhibit 72: Market opportunity by Material ($ billion)
Exhibit 73: Data Table on Market opportunity by Material ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 74: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 75: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 76: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 77: Chart on Geographic comparison
Exhibit 78: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
Exhibit 79: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 80: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 81: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 North America - Market size and forecast 2023-2028
Exhibit 83: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 84: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 85: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.5 Europe - Market size and forecast 2023-2028
Exhibit 87: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 88: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 89: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
Exhibit 91: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 92: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 93: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 95: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 96: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 97: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
Exhibit 99: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 100: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 101: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 China - Market size and forecast 2023-2028
Exhibit 103: Chart on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 104: Data Table on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 105: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 106: Data Table on China - Year-over-year growth 2023-2028 (%)
9.10 Japan - Market size and forecast 2023-2028
Exhibit 107: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibit 108: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibit 109: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibit 110: Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.11 South Korea - Market size and forecast 2023-2028
Exhibit 111: Chart on South Korea - Market size and forecast 2023-2028 ($ billion)
Exhibit 112: Data Table on South Korea - Market size and forecast 2023-2028 ($ billion)
Exhibit 113: Chart on South Korea - Year-over-year growth 2023-2028 (%)
Exhibit 114: Data Table on South Korea - Year-over-year growth 2023-2028 (%)
9.12 Germany - Market size and forecast 2023-2028
Exhibit 115: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 116: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
Exhibit 117: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 118: Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 119: Market opportunity By Geographical Landscape ($ billion)
Exhibit 120: Data Tables on Market opportunity By Geographical Landscape ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 121: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 122: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 123: Overview on factors of disruption
11.4 Industry risks
Exhibit 124: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 125: Vendors covered
12.2 Market positioning of vendors
Exhibit 126: Matrix on vendor position and classification
12.3 Advanced Heat Treat Corp.
Exhibit 127: Advanced Heat Treat Corp. - Overview
Exhibit 128: Advanced Heat Treat Corp. - Product / Service
Exhibit 129: Advanced Heat Treat Corp. - Key offerings
12.4 American Metal Treating Inc.
Exhibit 130: American Metal Treating Inc. - Overview
Exhibit 131: American Metal Treating Inc. - Product / Service
Exhibit 132: American Metal Treating Inc. - Key offerings
12.5 Bluewater Thermal Solutions
Exhibit 133: Bluewater Thermal Solutions - Overview
Exhibit 134: Bluewater Thermal Solutions - Product / Service
Exhibit 135: Bluewater Thermal Solutions - Key offerings
12.6 East Lind Heat Treat Inc.
Exhibit 136: East Lind Heat Treat Inc. - Overview
Exhibit 137: East Lind Heat Treat Inc. - Product / Service
Exhibit 138: East Lind Heat Treat Inc. - Key offerings
12.7 General Metal Heat Treating Inc.
Exhibit 139: General Metal Heat Treating Inc. - Overview
Exhibit 140: General Metal Heat Treating Inc. - Product / Service
Exhibit 141: General Metal Heat Treating Inc. - Key offerings
12.8 Metal Heat Co. Ltd.
Exhibit 142: Metal Heat Co. Ltd. - Overview
Exhibit 143: Metal Heat Co. Ltd. - Product / Service
Exhibit 144: Metal Heat Co. Ltd. - Key offerings
12.9 Nabertherm GmbH
Exhibit 145: Nabertherm GmbH - Overview
Exhibit 146: Nabertherm GmbH - Product / Service
Exhibit 147: Nabertherm GmbH - Key offerings
12.10 ONEX Corp.
Exhibit 148: ONEX Corp. - Overview
Exhibit 149: ONEX Corp. - Business segments
Exhibit 150: ONEX Corp. - Key offerings
Exhibit 151: ONEX Corp. - Segment focus
12.11 Pacific Metallurgical Inc
Exhibit 152: Pacific Metallurgical Inc - Overview
Exhibit 153: Pacific Metallurgical Inc - Key offerings
12.12 Park Ohio Holdings Corp.
Exhibit 154: Park Ohio Holdings Corp. - Overview
Exhibit 155: Park Ohio Holdings Corp. - Business segments
Exhibit 156: Park Ohio Holdings Corp. - Key news
Exhibit 157: Park Ohio Holdings Corp. - Key offerings
Exhibit 158: Park Ohio Holdings Corp. - Segment focus
12.13 Peters Heat Treating Inc.
Exhibit 159: Peters Heat Treating Inc. - Overview
Exhibit 160: Peters Heat Treating Inc. - Product / Service
Exhibit 161: Peters Heat Treating Inc. - Key offerings
12.14 SECO WARWICK SA
Exhibit 162: SECO WARWICK SA - Overview
Exhibit 163: SECO WARWICK SA - Product / Service
Exhibit 164: SECO WARWICK SA - Key offerings
12.15 Shanghai Hedinger Heat Treatment Co. Ltd.
Exhibit 165: Shanghai Hedinger Heat Treatment Co. Ltd. - Overview
Exhibit 166: Shanghai Hedinger Heat Treatment Co. Ltd. - Product / Service
Exhibit 167: Shanghai Hedinger Heat Treatment Co. Ltd. - Key offerings
12.16 Thermex Metal Treating Ltd
Exhibit 168: Thermex Metal Treating Ltd - Overview
Exhibit 169: Thermex Metal Treating Ltd - Product / Service
Exhibit 170: Thermex Metal Treating Ltd - Key offerings
12.17 Unitherm Engineers Ltd.
Exhibit 171: Unitherm Engineers Ltd. - Overview
Exhibit 172: Unitherm Engineers Ltd. - Product / Service
Exhibit 173: Unitherm Engineers Ltd. - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 174: Inclusions checklist
Exhibit 175: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 176: Currency conversion rates for US$
13.4 Research methodology
Exhibit 177: Research methodology
Exhibit 178: Validation techniques employed for market sizing
Exhibit 179: Information sources
13.5 List of abbreviations
Exhibit 180: List of abbreviations