Induction Furnaces market

monicanerkar

Induction Furnaces market By Type (Coreless Induction Furnace, Channel Induction Furnace, Others), By Furnace Capacity (Up to 1 Ton, More than 100 Ton) and By Industry Vertical (Steel, Aluminum, Copper, Others) – Forecast to 2025

Induction Furnaces market Research Report

By Forecast 2025

Industry Survey, Growth, Competitive Landscape

and Forecasts to 2025

PREPARED BY

Market Research Future

(Part of Wantstats Research & Media Pvt. Ltd.)


2

www.marketresearchfuture.com

Induction Furnaces market Forecast To 2025

Induction Furnaces market Forecast To 2025

• Induction furnace is used to melt metals for its use in industrial processes. This report by Market

Research Future (MRFR) unravels that the global Induction Furnaces market is set to mark 5.6%

CAGR across the evaluation period 2019 to 2025. It is also assessed to touch USD 1.5 Bn mark in

terms of value by 2025.


3

www.marketresearchfuture.com

Induction Furnaces market Forecast To 2025

“Taste the market data and market information presented through more than 50 market data tables

and figures spread in 100 numbers of pages of the project report. Avail the in-depth table of content

TOC & market synopsis on Induction Furnaces market Forecast To 2025”

• The efficiency of these furnaces in casting metals with high melting points is projected to catalyze

the growth of the Induction Furnaces market in the foreseeable future. Increasing demand for

metals such as copper and steel in the industrial processes is likely to boost demand for induction

furnace in the years to come.


4

www.marketresearchfuture.com

Induction Furnaces market Forecast To 2025

Global Induction Furnaces market Segmented on the basis of

On the basis of type, the Induction Furnaces market has been segmented into coreless induction furnace,

channel induction furnace, and others. Among these, the coreless induction furnace segment is

prognosticated to anticipated to remain the largest segment over the next couple of years. It is used for

casting metals with high melting points such as copper and iron. Increasing demand for these metals in

industrial processes is anticipated to boost the growth of the segment in the forthcoming years.

On the basis of furnace capacity, the global Induction Furnaces market has been segmented into up to 1

ton, 1 – 100 ton, and more than 100 ton. Among these, the 1 – 100 ton segment is prognosticated to

witness the fastest growth rate on account of its extensive use in the developing economies. The product

is ideal for small and medium-size plants and requires less investments, which is poised to catapult the

segment on growth trajectory.


5

www.marketresearchfuture.com

Induction Furnaces market Forecast To 2025

Global Induction Furnaces market - Geographical Analysis

• The geographical assessment of the global Induction Furnaces market is included in this MRFR report. The

regional segments identified and assessed here are – North America, Asia Pacific (APAC), Europe, and the Rest

of the World (RoW). These regions are then further sub-segmented on the basis of key country-level markets.

Asia Pacific is the largest region-based segment and is assessed to thrive at the highest CAGR over the forecast

period. Increasing investments in the industrial sector, coupled with rapid industrialization, is projected to

drive the growth of the industry furnace market in the region.

• North America is a comparatively mature market and is expected to exhibit limited demand. Meanwhile,

Europe is anticipated to grow substantially over the next few years. The Induction Furnaces market in the

region is likely to benefit from the rising domestic applications.

Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/8251


6

www.marketresearchfuture.com

Induction Furnaces market Forecast To 2025

Global Induction Furnaces market

- Competitive Analysis

• Electrotherm (India), SMS Elotherm GmbH (Germany), Danieli Group (Italy), Meltech Ltd (UK), Doshi Technologies

Pvt. Ltd (India), Tenova SpA (Italy), IHI Machinery and Furnace Co., Ltd (Japan), ECM Technologies (Netherlands),

JP Steel, Plantech Co. (Japan), Pees Induction, Equipment’s Pvt. Ltd (India), Agni Electrical Pvt. Ltd (India), and

Magnalenz (India) are some of the global players of the Induction Furnaces market.

• These players are anticipated to invest in growth strategies such as mergers, agreements, acquisitions, strategic

partnerships, alliances, collaborations, etc. In addition, the focus on increasing investments for regional expansion

is further prognosticated to drive the growth of the Induction Furnaces market over the next couple of years.

• Browse Report @ https://www.marketresearchfuture.com/reports/induction-furnace-market-

8251


7

www.marketresearchfuture.com

ABOUT US

MARKET RESEARCH FUTURE

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report

(CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting

Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research

studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments,

enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and

industrial visits for its research analyst members.

For more information kindly visit www.marketresearchfuture.com or contact us at info@marketresearchfuture.com

Copyright © 2018 Market Research Future

All Rights Reserved. This document contains highly confidential information and is the sole property of Market Research Future. No part of it may be

circulated, copied, quoted, or otherwise reproduced without the written approval of Market Research Future.


8

www.marketresearchfuture.com

MARKET RESEARCH

THANK YOU

salesteam@marketresearchfuture.com

FUTURE

Ph: +1-646-845-9349 (US)

Ph: +44 208 133 9349 (UK)

More magazines by this user
Similar magazines