LONDON--(BUSINESS WIRE)--Aug 21, 2018--According to the latest market research report released by Technavio, the global gas nitriding furnace market is expected to accelerate at a CAGR of over 5% during the forecast period. Strong demand for internal combustion engines is one of the key factors triggering the growth of the market.

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Technavio has published a new market research report on the global gas nitriding furnace market from 2018-2022. (Graphic: Business Wire)

This research report titled ‘ ’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.

This report is available at a USD 1,000 discount for a limited time only:

The market research analysis categorizes the global gas nitriding furnace market into the following applications:

Non-automotive Automotive

In 2017, the non-automotive segment accounted for 69.41% of the global market and is projected to decline to 69.28% by 2022, exhibiting almost 0.13% decrease in market share.

Global gas nitriding furnace market: Top emerging trend

Lightweight materials used for automobile manufacturing is an emerging trend in the gas nitriding furnace market. The governments across the globe are concentrating on three factors such as environmental compatibility, preservation of resources, and safety. In response to this, the automobile manufacturers are building safe, clean, and a range of cars such as zero emission vehicles.

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Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.

Technavio’s report provides expert market research on the following topics:

Executive Report

Market Outline Global Gas Nitriding Furnace Market Overview

Market Insights

Market Sizing and Forecasts Market Growth Market Drivers and Challenges Key Emerging Trends

Market Segmentation Analysis

Regional comparison (APAC, Americas, and EMEA) Key leading countries Market segmentation by application (non-automotive and automotive)

Vendor Landscape

Vendor classification Market positioning of vendors Competitive scenario Analysis of top vendors (Surface Combustion, Bodycote (NITREX METAL), SECO/WARWICK, Solar Manufacturing, and Ipsen)

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With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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SOURCE: Technavio Research

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PUB: 08/21/2018 03:45 PM/DISC: 08/21/2018 03:45 PM