Even though the year 2022 ended quite recently, almost all global vacuum furnace manufacturers are predicting record results. Among those I am registering are TAV Vacuum Furnaces, ECM Technologies, Ipsen USA and SecoWarwick.
E.g. SecoWarwick
https://www.secowarwick.com/en/news/seco-warwicks-successes-in-2022/
- The largest increase in sales was recorded by the Vacuum furnace segment +52%
- Segment of furnaces for heat treatment of aluminum and brazing, aluminum production +49%
- The melting furnace segment grew by +3%.
- After-sales services (spare parts and service) increased by +36%.
And the reasons?
- Electromobility and substitution of steel for aluminum
- Electromobility and battery cooling
- Reshoring – the return transfer of production from China to the mother countries
- Increase in the need for heat treatment of titanium alloys
- Development of low-pressure cementation as an alternative to other cementation processes
- Growing demand for one-step technologies such as nitriding or carbonitriding improving the properties of low-cost low-alloy steels
- Recovery of manufacturing activities in China after Covid 19
All the aforementioned players, despite their declared aversion to China, are significantly active in its market and achieve significant profits there. In the above report, SecoWarwick admits that a large part of its margin is generated in China.
And who are the most important players in the market now? The MarketWatch report lists 20 of them. And I am very happy that both companies I represent belong to this list.
- Ipsen
- Tenova
- IHI Machinery and Furnace
- ALD Vacuum Technologies
- ECM Technologies
- Seco/Warwick
- Gasbarre
- Centorr Vacuum Industries
- Solar Manufacturing
- G-M Enterprises
- ULVAC
- Chugai Ro Co., Ltd.
- VAC AERO
- IVA Schmetz
- Huahaizhongyi
- BVF
- Hengjin Vacuum
- Huarui
- Beijing Huaxiang
- HHV
- TAV Vacuum Furnaces
- Cieffe Thermal Systems
- BMI Fours Industriels
- Verizon (Taicang) Vacuum Technology
- Rankuum Machinery
February 2, 2023
Jiří Stanislav