PUBLISHER: The Business Research Company | PRODUCT CODE: 1672422
PUBLISHER: The Business Research Company | PRODUCT CODE: 1672422
Induction Furnace Global Market Report 2025
An induction furnace is an electric furnace utilized in manufacturing industries to melt various metals at high temperatures. It comprises an electric coil carrying an electric current surrounding the metal chamber, inducing a charge. The circulation of this charge generates high temperatures, melting the metals and facilitating the production of alloys with different metal compositions.
The primary types of induction furnaces include coreless induction furnaces and channel induction furnaces. A coreless induction furnace is characterized by an electric coil around the metal chamber, inducing charge. These are applicable to non-ferrous, ferrous, and specialty melting processes. Induction furnaces find application in the steel, copper, aluminum, and zinc industries, with furnace capacities ranging from up to 1 ton, 1-100 tons, to more than 100 tons.
The induction furnace market research report is one of a series of new reports from The Business Research Company that provides induction furnace market statistics, including the induction furnace industry global market size, regional shares, competitors with an induction furnace market share, detailed induction furnace market segments, market trends and opportunities, and any further data you may need to thrive in the induction furnace industry. This induction furnace market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.
The induction furnace market size has grown strongly in recent years. It will grow from $1.21 billion in 2024 to $1.29 billion in 2025 at a compound annual growth rate (CAGR) of 6.5%. The growth in the historic period can be attributed to increased urbanization, increased construction, increased growth of the iron and steel industries, and strong economic growth in emerging markets.
The induction furnace market size is expected to see strong growth in the next few years. It will grow to $1.7 billion in 2029 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to rapid industrialization, the increasing growth of the automotive market, the growing aerospace sector, and the rising global demand for steel and copper. Major trends in the forecast period include increasing integration of automation and IoT (Internet of things), increasing development of compact and portable furnaces, increasing adoption of green technologies, product innovations, and increasing use of induction stirring technology.
The expansion of the aerospace industry is anticipated to boost the growth of the induction furnace market in the future. Aerospace companies frequently utilize induction furnaces due to their specific manufacturing requirements. In this sector, induction furnaces have various applications, including heat treating, metal hardening, curing epoxies and coatings, conducting research and testing of special materials, heating and bonding composite materials, casting metals like titanium and super alloys, and vacuum and levitation melting of specialty alloys. For instance, in September 2024, the Aerospace Industries Association, a U.S.-based government agency, reported that the U.S. aerospace and defense industry achieved a significant milestone in 2023, surpassing $955 billion in sales, marking a 7.1 percent increase from the previous year. Therefore, the ongoing growth of the aerospace sector is expected to drive the induction furnace market.
Rapid industrialization is projected to drive the growth of the induction furnace market during the forecast period. Factors such as increased industrial activity, enhanced metal production, and rising demand for refined metals across various countries have accelerated the adoption of induction furnaces. Specialized industrial induction furnaces are essential for the operations of foundries, manufacturers, mining companies, engineering firms, and steel producers. In the metallurgical sector, induction furnaces provide the necessary heat for processing tasks, playing a crucial role in these industries. The demand for high-quality alloys and metals produced in environmentally friendly conditions has led to an increased use of induction furnaces in foundries for producing steel, cast iron, and nonferrous metals. These furnaces serve various purposes, including smelting, steelmaking, metal casting, and heat treatment. For example, in July 2024, the European Commission, a Belgium-based government agency, reported that industrial production in the European Union (EU) rose by 0.4% in 2022 compared to 2021, reflecting an uptick in manufactured goods production. Thus, the ongoing global industrialization is expected to propel the induction furnace market in the coming years.
Major companies in the induction furnace market are increasingly adopting induction stirring technology to improve the homogeneity of molten metal. This method uses magnetic fields to create swirling motions that enhance mixing and alloying, making it particularly advantageous for producing specialty alloys and high-quality castings. For instance, in October 2023, Tenova, an Italy-based company offering sustainable solutions for the mining and metals industries, partnered with ABB, a Switzerland-based firm specializing in electrification and automation technologies. This collaboration aims to enhance electric arc furnace performance by integrating advanced stirring technologies and automation systems, thereby boosting efficiency, productivity, and environmental sustainability in steel production processes.
Strategic partnerships are emerging as a key trend in the induction furnace market, with companies forming alliances to strengthen their market positions. In March 2022, Luna Innovations, a US-based fiber optics manufacturer, collaborated with Otto Junker GmbH, a Germany-based induction furnace operator. Luna Innovations utilized Otto Junker's fiber optic temperature measurement technology to enhance its induction furnace technology, resulting in the invention of the Optical Coil Protection System (OCP). OCP offers real-time temperature distribution monitoring on the exterior lining surface, contributing to accurate temperature monitoring of induction furnaces. Additionally, in April 2021, GH Induction Atmosphere, a US-based induction furnace company, partnered with Foka Engineering, a Germany-based company specializing in heat treatment networks. This collaboration aimed to provide vacuum-based induction furnace solutions for the European aerospace market, supporting machine installations and serving both new and existing customers.
In March 2023, Busch Vacuum, a Germany-based company specializing in compressors and vacuum pumps, acquired McLaughlin Furnace Group for an undisclosed amount. This acquisition expands Busch Vacuum's offering in the heat and metallurgy industries, providing customers with a more comprehensive range of vacuum services. McLaughlin Furnace Group, a manufacturer of various furnaces, enhances Busch Vacuum's capabilities in serving the evolving needs of its customer base.
Major companies operating in the induction furnace market include Danieli Group, SMS Group, Tenova S.p.A, Electrotherm Limited, IHI Group, Meltech Ltd., ABP Induction Systems, Inductotherm Group, JP Steel Plantech Co., ECM Technologies, Indotherm Equipment Corporation, Dongguan Jinlai Electromechanical Device Co. Ltd., Guangzhou Durowelder Limited, Shandong Huaxin Electric Furnace Co. Ltd., Xi'an Abundance Electric Technology Co. Ltd., EFD Induction Ltd, Consarc Engineering Ltd, Wallwork Group, eldec Induction GmbH, Inductoheat Europe GmbH, PIOMA-ODLEWNIA S.A, Electrometalurgica S.A., Pillar Induction, ESC Induction, AMLET, EMSCO Inc., Ajax Tocco Magnethermic, Amir Industrial Equipments, Iran Industrial Furnaces, Cerefco, MUR Industries CC, Induction Technology Corporation, GH Induction group, TermiSoluciones SAS, Thermochem Furnaces Pvt. Ltd, ELTERMA S.A
Asia-Pacific was the largest region in the induction furnace market in 2024. The regions covered in the induction furnace market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the induction furnace market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
The induction furnace market consists of sales of refractory lining, coil and yokes, tilting frame and furnace cover. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Induction Furnace Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on induction furnace market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Where is the largest and fastest growing market for induction furnace ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The induction furnace market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
- Markets Covered:1) By Type: Coreless Induction Furnace, Channel Induction Furnace
- 2) By Furnace Capacity: Up To 1 Ton, 1-100 Ton, More Than 100 Ton
- 3) By End-Use Industries: Steel, Copper, Aluminium, Zinc, Other End-Use Industries
- Subsegments:
- 1) By Coreless Induction Furnace: Medium Frequency Coreless Induction Furnace; High Frequency Coreless Induction Furnace
- 2) By Channel Induction Furnace: Horizontal Channel Induction Furnace; Vertical Channel Induction Furnace
- Companies Mentioned: Danieli Group; SMS Group; Tenova S.p.A; Electrotherm Limited; IHI Group
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery format: PDF, Word and Excel Data Dashboard.
Table of Contents
1. Executive Summary
2. Induction Furnace Market Characteristics
3. Induction Furnace Market Trends And Strategies
4. Induction Furnace Market - Macro Economic Scenario including the impact of Interest Rates, Inflation, Geopolitics and Covid And Recovery on the Market
5. Global Induction Furnace Growth Analysis And Strategic Analysis Framework
- 5.1. Global Induction Furnace PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
- 5.2. Analysis Of End Use Industries
- 5.3. Global Induction Furnace Market Growth Rate Analysis
- 5.4. Global Induction Furnace Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
- 5.5. Global Induction Furnace Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
- 5.6. Global Induction Furnace Total Addressable Market (TAM)
6. Induction Furnace Market Segmentation
- 6.1. Global Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- Coreless Induction Furnace
- Channel Induction Furnace
- 6.2. Global Induction Furnace Market, Segmentation By Furnace Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- Up To 1 Ton
- 1-100 Ton
- More Than 100 Ton
- 6.3. Global Induction Furnace Market, Segmentation By End-Use Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- Steel
- Copper
- Aluminium
- Zinc
- Other End-Use Industries
- 6.4. Global Induction Furnace Market, Sub-Segmentation Of Coreless Induction Furnace, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- Medium Frequency Coreless Induction Furnace
- High Frequency Coreless Induction Furnace
- 6.5. Global Induction Furnace Market, Sub-Segmentation Of Channel Induction Furnace, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- Horizontal Channel Induction Furnace
- Vertical Channel Induction Furnace
7. Induction Furnace Market Regional And Country Analysis
- 7.1. Global Induction Furnace Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 7.2. Global Induction Furnace Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8. Asia-Pacific Induction Furnace Market
- 8.1. Asia-Pacific Induction Furnace Market Overview
- Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
- 8.2. Asia-Pacific Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 8.3. Asia-Pacific Induction Furnace Market, Segmentation By Furnace Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 8.4. Asia-Pacific Induction Furnace Market, Segmentation By End-Use Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
9. China Induction Furnace Market
- 9.1. China Induction Furnace Market Overview
- 9.2. China Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
- 9.3. China Induction Furnace Market, Segmentation By Furnace Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
- 9.4. China Induction Furnace Market, Segmentation By End-Use Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
10. India Induction Furnace Market
- 10.1. India Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 10.2. India Induction Furnace Market, Segmentation By Furnace Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 10.3. India Induction Furnace Market, Segmentation By End-Use Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11. Japan Induction Furnace Market
- 11.1. Japan Induction Furnace Market Overview
- 11.2. Japan Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 11.3. Japan Induction Furnace Market, Segmentation By Furnace Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 11.4. Japan Induction Furnace Market, Segmentation By End-Use Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12. Australia Induction Furnace Market
- 12.1. Australia Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 12.2. Australia Induction Furnace Market, Segmentation By Furnace Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 12.3. Australia Induction Furnace Market, Segmentation By End-Use Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13. Indonesia Induction Furnace Market
- 13.1. Indonesia Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 13.2. Indonesia Induction Furnace Market, Segmentation By Furnace Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 13.3. Indonesia Induction Furnace Market, Segmentation By End-Use Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14. South Korea Induction Furnace Market
- 14.1. South Korea Induction Furnace Market Overview
- 14.2. South Korea Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 14.3. South Korea Induction Furnace Market, Segmentation By Furnace Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 14.4. South Korea Induction Furnace Market, Segmentation By End-Use Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15. Western Europe Induction Furnace Market
- 15.1. Western Europe Induction Furnace Market Overview
- 15.2. Western Europe Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 15.3. Western Europe Induction Furnace Market, Segmentation By Furnace Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 15.4. Western Europe Induction Furnace Market, Segmentation By End-Use Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16. UK Induction Furnace Market
- 16.1. UK Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 16.2. UK Induction Furnace Market, Segmentation By Furnace Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 16.3. UK Induction Furnace Market, Segmentation By End-Use Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17. Germany Induction Furnace Market
- 17.1. Germany Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 17.2. Germany Induction Furnace Market, Segmentation By Furnace Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 17.3. Germany Induction Furnace Market, Segmentation By End-Use Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18. France Induction Furnace Market
- 18.1. France Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 18.2. France Induction Furnace Market, Segmentation By Furnace Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 18.3. France Induction Furnace Market, Segmentation By End-Use Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19. Italy Induction Furnace Market
- 19.1. Italy Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 19.2. Italy Induction Furnace Market, Segmentation By Furnace Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 19.3. Italy Induction Furnace Market, Segmentation By End-Use Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20. Spain Induction Furnace Market
- 20.1. Spain Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 20.2. Spain Induction Furnace Market, Segmentation By Furnace Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 20.3. Spain Induction Furnace Market, Segmentation By End-Use Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21. Eastern Europe Induction Furnace Market
- 21.1. Eastern Europe Induction Furnace Market Overview
- 21.2. Eastern Europe Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 21.3. Eastern Europe Induction Furnace Market, Segmentation By Furnace Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 21.4. Eastern Europe Induction Furnace Market, Segmentation By End-Use Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22. Russia Induction Furnace Market
- 22.1. Russia Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 22.2. Russia Induction Furnace Market, Segmentation By Furnace Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 22.3. Russia Induction Furnace Market, Segmentation By End-Use Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23. North America Induction Furnace Market
- 23.1. North America Induction Furnace Market Overview
- 23.2. North America Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 23.3. North America Induction Furnace Market, Segmentation By Furnace Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 23.4. North America Induction Furnace Market, Segmentation By End-Use Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24. USA Induction Furnace Market
- 24.1. USA Induction Furnace Market Overview
- 24.2. USA Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 24.3. USA Induction Furnace Market, Segmentation By Furnace Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 24.4. USA Induction Furnace Market, Segmentation By End-Use Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25. Canada Induction Furnace Market
- 25.1. Canada Induction Furnace Market Overview
- 25.2. Canada Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 25.3. Canada Induction Furnace Market, Segmentation By Furnace Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 25.4. Canada Induction Furnace Market, Segmentation By End-Use Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26. South America Induction Furnace Market
- 26.1. South America Induction Furnace Market Overview
- 26.2. South America Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 26.3. South America Induction Furnace Market, Segmentation By Furnace Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 26.4. South America Induction Furnace Market, Segmentation By End-Use Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27. Brazil Induction Furnace Market
- 27.1. Brazil Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 27.2. Brazil Induction Furnace Market, Segmentation By Furnace Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 27.3. Brazil Induction Furnace Market, Segmentation By End-Use Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28. Middle East Induction Furnace Market
- 28.1. Middle East Induction Furnace Market Overview
- 28.2. Middle East Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 28.3. Middle East Induction Furnace Market, Segmentation By Furnace Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 28.4. Middle East Induction Furnace Market, Segmentation By End-Use Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29. Africa Induction Furnace Market
- 29.1. Africa Induction Furnace Market Overview
- 29.2. Africa Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 29.3. Africa Induction Furnace Market, Segmentation By Furnace Capacity, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
- 29.4. Africa Induction Furnace Market, Segmentation By End-Use Industries, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
30. Induction Furnace Market Competitive Landscape And Company Profiles
- 30.1. Induction Furnace Market Competitive Landscape
- 30.2. Induction Furnace Market Company Profiles
- 30.2.1. Danieli Group Overview, Products and Services, Strategy and Financial Analysis
- 30.2.2. SMS Group Overview, Products and Services, Strategy and Financial Analysis
- 30.2.3. Tenova S.p.A Overview, Products and Services, Strategy and Financial Analysis
- 30.2.4. Electrotherm Limited Overview, Products and Services, Strategy and Financial Analysis
- 30.2.5. IHI Group Overview, Products and Services, Strategy and Financial Analysis
31. Induction Furnace Market Other Major And Innovative Companies
- 31.1. Meltech Ltd.
- 31.2. ABP Induction Systems
- 31.3. Inductotherm Group
- 31.4. JP Steel Plantech Co.
- 31.5. ECM Technologies
- 31.6. Indotherm Equipment Corporation
- 31.7. Dongguan Jinlai Electromechanical Device Co. Ltd.
- 31.8. Guangzhou Durowelder Limited
- 31.9. Shandong Huaxin Electric Furnace Co. Ltd.
- 31.10. Xi'an Abundance Electric Technology Co. Ltd.
- 31.11. EFD Induction Ltd
- 31.12. Consarc Engineering Ltd
- 31.13. Wallwork Group
- 31.14. eldec Induction GmbH
- 31.15. Inductoheat Europe GmbH
32. Global Induction Furnace Market Competitive Benchmarking And Dashboard
33. Key Mergers And Acquisitions In The Induction Furnace Market
34. Recent Developments In The Induction Furnace Market
35. Induction Furnace Market High Potential Countries, Segments and Strategies
- 35.1 Induction Furnace Market In 2029 - Countries Offering Most New Opportunities
- 35.2 Induction Furnace Market In 2029 - Segments Offering Most New Opportunities
- 35.3 Induction Furnace Market In 2029 - Growth Strategies
- 35.3.1 Market Trend Based Strategies
- 35.3.2 Competitor Strategies
36. Appendix
- 36.1. Abbreviations
- 36.2. Currencies
- 36.3. Historic And Forecast Inflation Rates
- 36.4. Research Inquiries
- 36.5. The Business Research Company
- 36.6. Copyright And Disclaimer
