TechNavio recognizes the following companies as the key players in the Global Heat Treating market: Bodycote plc, Bluewater Thermal Solutions Corp., Dowa Group, and VAC AERO International Inc..
Commenting on the report, an analyst from TechNavio’s team said: “One of the main trends witnessed in the Global Heat Treating market is the integration of heat treatment processes in production lines. As a result of increasing globalization, several companies across industries such as Automotive, Aerospace, and Rail are becoming highly competitive. To increase their operational efficiency, several organizations are streamlining their operational processes. In addition, to develop cost-effective, quality products that are competitive in the international markets, companies are now automating their factory operations for improved business operation. As an operational strategy, companies are integrating heat treatment processes with the production lines. This increases the operational efficiency of manufacturing organizations.”
According to the report, one of the main factors driving the market is the need to develop superior quality products. The use of heat treatment processes helps organizations to improve the structural accuracy of a metallic product by enhancing its tensile strength and yield strength. Hence, in order to develop high-precision products, several companies across industries such as Automotive, Aerospace, and General Machinery opt for heat treatment processes.
Further, the report states that one of the main challenges is the requirement of high initial investment. The success of any organization depends on its competitiveness and overall operational performance. The total cost of heat treatment processes is one of the major factors contributing to the profitability and competitiveness of any manufacturing organization across industries.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Aalberts Industries NV, Jones Metal Products Co., Metal Technology Co. Ltd., Nihon Parkerizing Co Ltd., Quality Steel Treating, LLC, and Therelek Engineers Pvt. Ltd.
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 vendors. For further information on this report, please visit https://www.technavio.com/report/global-heat-treating-market-2012-2016
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/engineering-and-automation
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TechNavio Announces the Publication of its Research Report – Global Heat Treating Market 2012-2016
