The Market Reports

Synopsis
The global market for Industrial Thermal Processing Equipment was estimated to be worth US$ 2795 million in 2024 and is forecast to a readjusted size of US$ 3375 million by 2031 with a CAGR of 2.2% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Industrial Thermal Processing Equipment cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
Heat treatment is one of the four fundamental processes in the equipment manufacturing industry (along with forging, casting, heat treatment, and surface treatment). The level of heat treatment technology plays a decisive role in the added value of overall equipment manufacturing. Heat treatment involves placing metal materials in a specific medium through a three-step process of heating, holding, and cooling. This process alters the surface or internal microstructure of the metal material to achieve the desired corrosion resistance, wear resistance, and fatigue resistance, significantly improving the performance and service life of workpieces such as gears, bearings, and track links.
Heat treatment equipment primarily includes heat treatment furnaces and induction heating equipment. Depending on the operating method, it can be divided into batch and continuous heat treatment equipment.
As global manufacturing moves toward high-quality and high-efficiency development, industrial heat treatment equipment, as a core component for enhancing the performance of metals and materials, is experiencing unprecedented development opportunities. Leading domestic and international companies such as Inductotherm Corp., Shanghai Heatking Induction, SECO/WARWICK, NAURA, ANDRITZ, IHI, and EBNER, leveraging their deep technical expertise and innovative capabilities, are continuously upgrading their diverse product offerings, including induction heating, vacuum heat treatment, and atmospheric and atmosphere furnaces, to meet the diverse needs of key industries such as automotive, aerospace, energy, engineering machinery, machine tools, military, and medical.
In terms of product market application, the automotive and transportation markets account for a significant portion. The automotive market, with its high level of automation and the complex and high-volume nature of auto parts, places relatively high demands on the consistency and stability of heat treatment equipment during the manufacturing process. In the future, heat treatment equipment in the automotive market will develop towards greater consistency and stability, leading to a gradual reduction in auto part scrap rates. The automotive and transportation markets are expected to account for 30% of the market share by 2030.
This report aims to provide a comprehensive presentation of the global market for Industrial Thermal Processing Equipment, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Industrial Thermal Processing Equipment by region & country, by Type, and by Application.
The Industrial Thermal Processing Equipment market size, estimations, and forecasts are provided in terms of sales volume (Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Industrial Thermal Processing Equipment.
Market Segmentation
By Company
Inductotherm Corp
Shanghai Heatking Induction
Aichelin Group
Jiangsu Fengdong
SECO/WARWICK
Ipsen Global
Tenova (Techint)
Tanshan Yaje Furnace
ANDRITZ
Strong Metal Technology
Naura Technology
IHI
JTEKT Thermo Systems Corporation
EBNER
Jiangsu KingKind Industrial Furnace
Henan Tianli Thermal Equipment
Park-Ohio (Saet Emmedi and GH)
Beijing Huahai Zhongyi Energy-Saving Technology
Enrx
ECM
Hengjin Induction Technology
ALD Vacuum
Carbolite Gero
Shining Induction-Heating Group
DKK
Reinhardt GmbH
Dai-ichi High Frequency
Nachi-Fujikoshi
Oriental Engineering
ABP Induction Systems
Surface Combustion, Inc
Nabertherm
Cieffe Thermal Systems
TAV Vacuum Furnaces
Solar Manufacturing
C.I. Hayes
Chugai Ro Co., Ltd
Segment by Type
Batch Equipment
Continuous Equipment
Segment by Application
Automotive and Transportation
Aerospace
Energy
Construction Machinery
Medical
Machine Tool
Military
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Industrial Thermal Processing Equipment manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Industrial Thermal Processing Equipment in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Industrial Thermal Processing Equipment in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Index