PUBLISHER: Market Research Future | PRODUCT CODE: 1540766

PUBLISHER: Market Research Future | PRODUCT CODE: 1540766

Africa Induction Furnace Market Information by Type, by Capacity, by End Use Industry, by Region Forecast to 2032

PUBLISHED: August 12, 2024

PAGES: 88 Pages

DELIVERY TIME: 1-2 business days

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Africa Induction Furnace Market Information by Type (Furnace, and Channel Induction Furnace), by Capacity (Up to 1 ton, 1-100 tons, and More Than 100 tons), by End Use Industry (Steel, Aluminum, Copper, and Others), by Region (Northern Africa, Central Africa, Southern Africa, East Africa, and Western Africa) Forecast to 2032

Market Overview

It is anticipated that the Africa Induction Furnace Market will experience a substantial compound annual growth rate (CAGR) of 4.8% during the review period. An induction furnace is a type of industrial furnace that is employed to dissolve and heat metals and other materials by utilizing electromagnetic induction. It functions by inducing electrical currents within the material being heated, which is typically a metal, in order to generate heat. Each induction furnace, including the coreless induction furnace and the channel induction furnace, is specifically engineered to meet the needs of a particular application. Induction furnaces are employed in a variety of industries, including foundries, metalworking, and metallurgy, to perform duties such as melting ferrous and non-ferrous metals. The global induction furnace market's future sales and market growth outlook are remarkable in light of the increasing purchasing power of end-user consumers and the product level penetration.

It is anticipated that the induction furnace market in the Africa region will experience substantial growth in the future years. The induction furnace market is being driven by the high level of accessibility to the furnace, which is being followed by the expansion of industrial production capacity. This is the primary factor that is expanding the demand for them. Furthermore, the market may encounter difficulties in recruiting and retaining qualified personnel. Nevertheless, the market is presented with an opportunity as businesses transition to energy-efficient and cost-saving solutions.

Market Segmentation

The following segments have been examined based on type: coreless induction furnace and channel induction furnace.

The following segments have been addressed based on capacity: up to 1 ton, 1-100 tons, and more than 100 tons.

The market is segmented into steel, aluminum, copper, and other industries based on their end-use.

The Africa Induction Furnace Market report has been segmented by region, including northern Africa, central Africa, southern Africa, east Africa, and western Africa.

Major Players

Saint-Gobain, Electrotherm Limited, Pioneer Furnaces Pvt. Ltd., Inductotherm Corporation, ABP Induction, HarbisonWalker International (Calderys), ZZ Industrial (Shanghai) Co., Ltd., Tenova, Wertli AG, and Srishtech Metal Casting (I) Pvt Ltd. are among the key players in the Africa induction furnace market.

1 EXECUTIVE SUMMARY

2 MARKET INTRODUCTION

2.1 DEFINITION
2.2 SCOPE OF THE STUDY
2.3 RESEARCH OBJECTIVE
2.4 MARKET STRUCTURE

3 RESEARCH METHODOLOGY

3.1 OVERVIEW
3.2 DATA FLOW
- 3.2.1 DATA MINING PROCESS
3.3 PURCHASED DATABASE:
3.4 SECONDARY SOURCES:
- 3.4.1 SECONDARY RESEARCH DATA FLOW:
3.5 PRIMARY RESEARCH:
- 3.5.1 PRIMARY RESEARCH DATA FLOW:
- 3.5.2 PRIMARY RESEARCH: NUMBER OF INTERVIEWS CONDUCTED
3.6 APPROACHES FOR MARKET SIZE ESTIMATION:
- 3.6.1 REVENUE ANALYSIS APPROACH
3.7 DATA FORECASTING
- 3.7.1 DATA FORECASTING TECHNIQUE
3.8 DATA MODELING
- 3.8.1 MICROECONOMIC FACTOR ANALYSIS:
- 3.8.2 DATA MODELING:
3.9 TEAMS AND ANALYST CONTRIBUTION

4 MARKET DYNAMICS

4.1 INTRODUCTION
4.2 DRIVERS
- 4.2.1 THE HIGH LEVEL OF ACCESSIBILITY TO INDUCTION FURNACES IS BOLSTERING THE MARKET GROWTH
- 4.2.2 EXPANSION IN INDUSTRIAL PRODUCTION CAPACITY IS DRIVING MARKET
- 4.2.3 DRIVER IMPACT ANALYSIS
4.3 RESTRAINTS
- 4.3.1 FINDING AND RETAINING SKILLED PERSONNEL CAN BE A CHALLENGE
- 4.3.2 RESTRAINT IMPACT ANALYSIS
4.4 OPPORTUNITY
- 4.4.1 BUSINESS ARE MOVING TOWARDS ENERGY EFFICIENCY AND COST SAVINGS SOLUTIONS
4.5 COVID-19 IMPACT ANALYSIS
- 4.5.1 IMPACT ON OVERALL INDUSTRY
  - 4.5.1.1 ECONOMIC IMPACT
- 4.5.2 IMPACT ON INDUCTION FURNACE MARKET
- 4.5.3 IMPACT ON SUPPLY CHAIN OF INDUCTION FURNACE
  - 4.5.3.1 PRICE VARIATION OF KEY RAW MATERIALS/COMPONENTS
  - 4.5.3.2 PRODUCTION SHUTDOWN
  - 4.5.3.3 CASH FLOW CONSTRAINTS
  - 4.5.3.4 IMPACT ON IMPORT/EXPORT
- 4.5.4 IMPACT ON MARKET DEMAND FOR INDUCTION FURNACE
  - 4.5.4.1 IMPACT DUE TO RESTRICTIONS/LOCKDOWN
  - 4.5.4.2 CONSUMER SENTIMENTS
- 4.5.5 IMPACT ON PRICING OF INDUCTION FURNACE

5 MARKET FACTOR ANALYSIS

5.1 SUPPLY CHAIN ANALYSIS
- 5.1.1 R&D
- 5.1.2 RAW MATERIAL SUPPLY
- 5.1.3 MANUFACTURE & ASSEMBLY
- 5.1.4 SALES & DISTRIBUTION
- 5.1.5 END USER
5.2 PORTER'S FIVE FORCES MODEL
- 5.2.1 THREAT OF NEW ENTRANTS
- 5.2.2 BARGAINING POWER OF SUPPLIERS
- 5.2.3 BARGAINING POWER OF BUYERS
- 5.2.4 THREAT OF SUBSTITUTES
- 5.2.5 INTENSITY OF RIVALRY

6 AFRICA INDUCTION FURNACE MARKET, BY TYPE

6.1 INTRODUCTION
6.2 CORELESS INDUCTION FURNACE
6.3 CHANNEL INDUCTION FURNACE

7 AFRICA INDUCTION FURNACE MARKET, BY CAPACITY

7.1 INTRODUCTION
7.2 UP TO 1 TON
7.3 1-100 TON
7.4 MORE THAN 100 TON

8 AFRICA INDUCTION FURNACE MARKET, BY END-USE INDUSTRY

8.1 INTRODUCTION
8.2 STEEL
8.3 ALUMINUM
8.4 COPPER
8.5 OTHERS

9 AFRICA INDUCTION FURNACE MARKET, BY REGION

9.1 OVERVIEW
9.2 NORTHERN AFRICA
9.3 CENTRAL AFRICA
9.4 SOUTHERN AFRICA
9.5 EAST AFRICA
9.6 WESTERN AFRICA

10 COMPETITIVE LANDSCAPE

10.1 INTRODUCTION
10.2 COMPETITOR DASHBOARD
10.3 KEY DEVELOPMENTS & GROWTH STRATEGIES
- 10.3.1 PRODUCT LAUNCH AND DEVELOPMENTS
- 10.3.2 MERGER AND ACQUISITION
- 10.3.3 EVENT

11 COMPANY PROFILES

11.1 SAINT-GOBAIN
- 11.1.1 COMPANY OVERVIEW
- 11.1.2 FINANCIAL OVERVIEW
- 11.1.3 PRODUCTS OFFERED
- 11.1.4 KEY DEVELOPMENTS
- 11.1.5 SWOT ANALYSIS
- 11.1.6 KEY STRATEGIES
11.2 ELECTROTHERM LIMITED
- 11.2.1 COMPANY OVERVIEW
- 11.2.2 FINANCIAL OVERVIEW
- 11.2.3 PRODUCTS OFFERED
- 11.2.4 KEY DEVELOPMENTS
- 11.2.5 SWOT ANALYSIS
- 11.2.6 KEY STRATEGIES
11.3 PIONEER FURNACES PVT. LTD.
- 11.3.1 COMPANY OVERVIEW
- 11.3.2 FINANCIAL OVERVIEW
- 11.3.3 PRODUCTS OFFERED
- 11.3.4 KEY DEVELOPMENTS
- 11.3.5 SWOT ANALYSIS
- 11.3.6 KEY STRATEGIES
11.4 INDUCTOTHERM CORPORATION
- 11.4.1 COMPANY OVERVIEW
- 11.4.2 FINANCIAL OVERVIEW
- 11.4.3 PRODUCTS OFFERED
- 11.4.4 KEY DEVELOPMENTS
- 11.4.5 SWOT ANALYSIS
- 11.4.6 KEY STRATEGIES
11.5 ABP INDUCTION
- 11.5.1 COMPANY OVERVIEW
- 11.5.2 FINANCIAL OVERVIEW
- 11.5.3 PRODUCTS OFFERED
- 11.5.4 KEY DEVELOPMENTS
- 11.5.5 SWOT ANALYSIS
- 11.5.6 KEY STRATEGIES
11.6 HARBISONWALKER INTERNATIONAL (CALDERYS)
- 11.6.1 COMPANY OVERVIEW
- 11.6.2 FINANCIAL OVERVIEW
- 11.6.3 PRODUCTS OFFERED
- 11.6.4 KEY DEVELOPMENTS
- 11.6.5 SWOT ANALYSIS
- 11.6.6 KEY STRATEGIES
11.7 ZZ INDUSTRIAL (SHANGHAI) CO., LTD.
- 11.7.1 COMPANY OVERVIEW
- 11.7.2 FINANCIAL OVERVIEW
- 11.7.3 PRODUCTS OFFERED
- 11.7.4 KEY DEVELOPMENTS
- 11.7.5 SWOT ANALYSIS
- 11.7.6 KEY STRATEGIES
11.8 TENOVA
- 11.8.1 COMPANY OVERVIEW
- 11.8.2 FINANCIAL OVERVIEW
- 11.8.3 PRODUCTS OFFERED
- 11.8.4 KEY DEVELOPMENTS
- 11.8.5 SWOT ANALYSIS
- 11.8.6 KEY STRATEGIES
11.9 WERTLI AG
- 11.9.1 COMPANY OVERVIEW
- 11.9.2 FINANCIAL OVERVIEW
- 11.9.3 PRODUCTS OFFERED
- 11.9.4 KEY DEVELOPMENTS
- 11.9.5 SWOT ANALYSIS
- 11.9.6 KEY STRATEGIES
11.10 SRISHTECH METAL CASTING (I) PVT LTD
- 11.10.1 COMPANY OVERVIEW
- 11.10.2 FINANCIAL OVERVIEW
- 11.10.3 PRODUCTS OFFERED
- 11.10.4 KEY DEVELOPMENTS
- 11.10.5 SWOT ANALYSIS
- 11.10.6 KEY STRATEGIES

LIST OF TABLES

TABLE 1 QFD MODELING FOR MARKET SHARE ASSESSMENT
TABLE 2 AFRICA INDUCTION FURNACE MARKET, BY TYPE, 2018-2032 (USD MILLION)
TABLE 3 AFRICA INDUCTION FURNACE MARKET, BY CAPACITY, 2018-2032 (USD MILLION)
TABLE 4 AFRICA INDUCTION FURNACE MARKET, BY END-USE INDUSTRY, 2018-2032 (USD MILLION)
TABLE 5 AFRICA INDUCTION FURNACE MARKET, BY REGION, 2018-2032 (USD MILLION)
TABLE 6 NORTHERN AFRICA: INDUCTION FURNACE MARKET, BY TYPE, 2018-2032 (USD MILLION)
TABLE 7 NORTHERN AFRICA: INDUCTION FURNACE MARKET, BY CAPACITY, 2018-2032 (USD MILLION)
TABLE 8 NORTHERN AFRICA: INDUCTION FURNACE MARKET ET, BY END-USE INDUSTRY, 2018-2032 (USD MILLION)
TABLE 9 CENTRAL AFRICA: INDUCTION FURNACE MARKET, BY TYPE, 2018-2032 (USD MILLION)
TABLE 10 CENTRAL AFRICA: INDUCTION FURNACE MARKET, BY CAPACITY, 2018-2032 (USD MILLION)
TABLE 11 CENTRAL AFRICA: INDUCTION FURNACE MARKET ET, BY END-USE INDUSTRY, 2018-2032 (USD MILLION)
TABLE 12 SOUTHERN AFRICA: INDUCTION FURNACE MARKET, BY TYPE, 2018-2032 (USD MILLION)
TABLE 13 SOUTHERN AFRICA: INDUCTION FURNACE MARKET, BY CAPACITY, 2018-2032 (USD MILLION)
TABLE 14 SOUTHERN AFRICA: INDUCTION FURNACE MARKET ET, BY END-USE INDUSTRY, 2018-2032 (USD MILLION)
TABLE 15 EAST AFRICA: INDUCTION FURNACE MARKET, BY TYPE, 2018-2032 (USD MILLION)
TABLE 16 EAST AFRICA: INDUCTION FURNACE MARKET, BY CAPACITY, 2018-2032 (USD MILLION)
TABLE 17 EAST AFRICA: INDUCTION FURNACE MARKET ET, BY END-USE INDUSTRY, 2018-2032 (USD MILLION)
TABLE 18 WESTERN AFRICA: INDUCTION FURNACE MARKET, BY TYPE, 2018-2032 (USD MILLION)
TABLE 19 WESTERN AFRICA: INDUCTION FURNACE MARKET, BY CAPACITY, 2018-2032 (USD MILLION)
TABLE 20 WESTERN AFRICA: INDUCTION FURNACE MARKET ET, BY END-USE INDUSTRY, 2018-2032 (USD MILLION)
TABLE 21 PRODUCT LAUNCH AND DEVELOPMENTS
TABLE 22 MERGER AND ACQUISITION
TABLE 23 EVENT
TABLE 24 SAINT-GOBAIN: PRODUCTS OFFERED
TABLE 25 SAINT-GOBAIN: KEY DEVELOPMENTS
TABLE 26 ELECTROTHERM LIMITED: PRODUCTS OFFERED
TABLE 27 PIONEER FURNACES PVT. LTD.: PRODUCTS OFFERED
TABLE 28 INDUCTOTHERM CORPORATION: PRODUCTS OFFERED
TABLE 29 ABP INDUCTION: PRODUCTS OFFERED
TABLE 30 ABP INDUCTION: KEY DEVELOPMENTS
TABLE 31 HARBISONWALKER INTERNATIONAL (CALDERYS): PRODUCTS OFFERED
TABLE 32 HARBISONWALKER INTERNATIONAL (CALDERYS): KEY DEVELOPMENTS
TABLE 33 ZZ INDUSTRIAL (SHANGHAI) CO., LTD.: PRODUCTS OFFERED
TABLE 34 TENOVA: PRODUCTS OFFERED
TABLE 35 TENOVA: KEY DEVELOPMENTS
TABLE 36 WERTLI AG: PRODUCTS OFFERED
TABLE 37 SRISHTECH METAL CASTING (I) PVT LTD: PRODUCTS OFFERED

LIST OF FIGURES

FIGURE 1 AFRICA INDUCTION FURNACE MARKET: STRUCTURE
FIGURE 2 MARKET DYNAMIC ANALYSIS OF THE AFRICA INDUCTION FURNACE MARKET
FIGURE 3 DRIVER IMPACT ANALYSIS: AFRICA INDUCTION FURNACE MARKET
FIGURE 4 RESTRAINT IMPACT ANALYSIS: AFRICA INDUCTION FURNACE MARKET
FIGURE 5 SUPPLY CHAIN ANALYSIS: AFRICA INDUCTION FURNACE MARKET
FIGURE 6 PORTER'S FIVE FORCES ANALYSIS: AFRICA INDUCTION FURNACE MARKET
FIGURE 7 AFRICA INDUCTION FURNACE MARKET, BY TYPE, 2023 (% SHARE)
FIGURE 8 AFRICA INDUCTION FURNACE MARKET, BY CAPACITY, 2023 (% SHARE)
FIGURE 9 AFRICA INDUCTION FURNACE MARKET, BY END-USE INDUSTRY, 2023 (% SHARE)
FIGURE 10 AFRICA INDUCTION FURNACE MARKET, BY REGION, 2023 (% SHARE)
FIGURE 11 COMPETITOR DASHBOARD: AFRICA INDUCTION FURNACE MARKET
FIGURE 12 SAINT-GOBAIN: FINANCIAL OVERVIEW SNAPSHOT
FIGURE 13 SAINT-GOBAIN: SWOT ANALYSIS
FIGURE 14 ELECTROTHERM LIMITED: FINANCIAL OVERVIEW SNAPSHOT
FIGURE 15 ELECTROTHERM LIMITED: SWOT ANALYSIS
FIGURE 16 PIONEER FURNACES PVT. LTD.: SWOT ANALYSIS
FIGURE 17 INDUCTOTHERM CORPORATION: SWOT ANALYSIS
FIGURE 18 ABP INDUCTION: SWOT ANALYSIS
FIGURE 19 HARBISONWALKER INTERNATIONAL (CALDERYS): SWOT ANALYSIS
FIGURE 20 ZZ INDUSTRIAL (SHANGHAI) CO., LTD.: SWOT ANALYSIS
FIGURE 21 TENOVA: SWOT ANALYSIS
FIGURE 22 WERTLI AG: SWOT ANALYSIS
FIGURE 23 SRISHTECH METAL CASTING (I) PVT LTD: SWOT ANALYSIS

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