TechNavio today launched its report Global Vacuum Heat Treatment Market 2011-“2015 based on an in-depth study covering the Americas, and the EMEA and APAC regions. The report aims to aid makers™ understanding of the present and the future landscape of the Global Vacuum Heat Treatment market.
Commenting on the report, an analyst from TechNavio™s Engineering Services team said, With increasing globalization, and investments in the Automotive sector, several companies across the globe are becoming highly competitive. As an operational strategy, companies are integrating the heat treatment process in the production lines. Thus the automotive companies are integrating their production lines with vacuum carburizing units with high-pressure gas quenching, for a continuous automation system, for faster and high-quality product development.
According to the report, there is an increase in the competition among the vacuum heat treatment players. To gain more market share, vendors are adopting different pricing strategies. This results in the decrease in the overall price of products, which is giving rise to a price war among the players in the market. Vendors are also decreasing the price to tap the price-sensitive market in the APAC region. Moreover, as a result of technological advancements, the cost of development of vacuum heat treatment furnaces is also going down.
Further, the report also discusses that the Global Vacuum Heat Treatment market is facing a challenge in terms of the lack of support and services provided by market vendors.
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 a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/global-vacuum-heat-treatment-market-2011-2015
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