According to FMI study, global curing ovens market is expected to exceed valuation of USD 4332.10 million in 2024. The curing oven sales are proficient to acquire the worth and hit USD 6871.90 million by 2034 as these trends gain momentum and become prevalent. This reflects a moderate CAGR of 4.80% from 2024 to 2034.
The global curing oven market sustains remarkable growth during the forecast period. The market is thrust by diverse factors, like the boosting adoption of curing ovens for varied usages. The escalating demand for supreme-quality and energy-saving thermal processing appliances bolsters the curing oven market growth.
The curing and drying oven market experienced considerable growth during the forecast period, ushered by the amplifying demand from the automotive, aerospace, and electronics industries. Curing ovens are adopted for the thermal processing of coatings to augment their attributes. The market surges because of the developing demand for supreme-quality curing procedures, and developments in technology and automation.
The strict government rules concerning emission control and safety benchmarks accelerate the curing oven market growth. With enduring improvements in curing oven designs and the adoption of eco-friendly solutions, the market is slated for an optimistic outlook.
Regional Outlook:
- Technological innovations like IoT integration and smart production plans thrive the growth of the curing oven market in North America.
- The amplifying adoption of progressive technologies and automation solutions surges the demand for curing ovens in the European fabricating landscape.
- Government schemes encourage eco-friendly manufacturing activities aid the growth of the curing and drying oven market in Asia Pacific.
“The curing oven market endures its growth avenue, boosted by augmenting demand in industries like electronics, automotive, and aerospace. Technical innovations and rigid quality principles are key catalysts transforming the growth of the curing and drying oven market during the forecast period.”, remarks an analyst at FMI.
Key Takeaways:
- The batch curing oven segment in the oven type category to attain a share of 58.30% in 2024.
- In the industry category, the industrial manufacturing segment to garner a share of 21.30% in 2024.
- India curing and drying oven market infers a CAGR of 5.10% through 2034.
- France curing oven industry indicates a CAGR of 4.70% through 2034.
- Spain sales of curing ovens indicate a CAGR of 4.50% through 2034.
- Through 2034, Canada drying and curing oven market show escalation at a CAGR of 4.30%.
- Italy curing oven industry imply augmentation at a CAGR of 4.30% between 2024 and 2034.
- From 2024 to 2034, South Korea curing and drying oven market equates at a CAGR of 4.10%.
- The United Kingdom curing oven market reflects expansion between 2024 and 2034 at a CAGR of 4.10%.
- Japan curing and drying oven market implies expansion at a CAGR of 3.90% through 2034.
- Germany drying and curing oven industry indicates a CAGR of 3.90% through 2034.
- Between 2024 and 2034, the United States curing oven industry imply growth at a CAGR of 3.70%.
- China curing and drying oven market exhibit upsurge at CAGR of 3.30% between 2024 and 2034.
- Through 2034, China curing and drying oven industry show evolution at a CAGR of 3.30%.
Competitive Landscape:
The curing oven manufacturers aid in the growth of the market by constantly investing in research and development to enhance product efficacy, partnering with other vendors to develop their global footprint, and venturing into promoting and advertising to elevate product awareness. By presenting competitive costing and exquisite customer service, the curing oven providers lure more customers and broaden their market share.
Key Players:
- JPW Design and Manufacturing
- Catalytic Industrial Systems
- Sailham
- JLS Redditch Ltd
- KE Hui Feiyan Shebei
- Thermal Product Solutions (TPS)
- LEWCO
- WISCONSIN OVEN
- DIMA Group
- Steelman Industries
- Armature Coil Equipment
- Reputation Sincere DianZi
- International Thermal Systems
- Changlu Group
- Heller Industries
- Despatch Industries
- ONCE
- Genlab Limited
- Spooner Industries
- HENGXINDA Painting
Market Segmentation:
By Oven Type:
- Batch Curing Ovens
- Continuous Curing Ovens
By Heating Source:
- Electric
- Gas
- Infrared
- Others
By Industry:
- Automotive
- Aerospace
- Electronics
- Building and Construction
- Furniture and Woodworking
- Healthcare and Medical Devices
- Industrial Manufacturing
- Others
By Region:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
Author:
Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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