Electric Furnace Market 2022: Key Strategies, Historical Analysis, Trends, New Opportunities and Forecast Till 2028
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An electric furnace is inexpensive to install, safe to operate and requires little maintenance. It provides years of dependable service. Ideal for homes, apartments, mobile homes, offices and more, the simple design and compact size of these furnaces makes installation and maintenance easy.
This report elaborates the market size, market characteristics, and market growth of the Electric Furnace industry, and breaks down according to the type, application, and consumption area of Electric Furnace. The report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
In Chapter 3.4 of the report, the impact of the COVID-19 outbreak on the industry was fully assessed. Fully risk assessment and industry recommendations were made for Electric Furnace in a special period. This chapter also compares the markets of Pre COVID-19 and Post COVID-19.
In addition, chapters 8-12 consider the impact of COVID-19 on the regional economy.
Key players in the global Electric Furnace market covered in Chapter 13:
Unico, Inc.
King Electric
Lennox
Broan
Cornhusker PPD
AC4Life
Trane
Bryant
ENTEK
Goodman
In Chapter 6, on the basis of types, the Electric Furnace market from 2015 to 2025 is primarily split into:
Furnace with Evaporator
Furnace without Evaporator
In Chapter 7, on the basis of applications, the Electric Furnace market from 2015 to 2025 covers:
Residential
Commercial
Geographically, the detailed analysis of production, trade of the following countries is covered in Chapter 4.2, 5:
United States
Europe
China
Japan
India
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 8, 9, 10, 11, 12:
North America (Covered in Chapter 8)
United States
Canada
Mexico
Europe (Covered in Chapter 9)
Germany
UK
France
Italy
Spain
Others
Asia-Pacific (Covered in Chapter 10)
China
Japan
India
South Korea
Southeast Asia
Others
Middle East and Africa (Covered in Chapter 11)
Saudi Arabia
UAE
South Africa
Others
South America (Covered in Chapter 12)
Brazil
Others
Years considered for this report:
Historical Years: 2015-2019
Base Year: 2019
Estimated Year: 2020
Forecast Period: 2020-2025
Table of Content
1 Electric Furnace Market - Research Scope
1.1 Study Goals
1.2 Market Definition and Scope
1.3 Key Market Segments
1.4 Study and Forecasting Years
2 Electric Furnace Market - Research Methodology
2.1 Methodology
2.2 Research Data Source
2.2.1 Secondary Data
2.2.2 Primary Data
2.2.3 Market Size Estimation
2.2.4 Legal Disclaimer
3 Electric Furnace Market Forces
3.1 Global Electric Furnace Market Size
3.2 Top Impacting Factors (PESTEL Analysis)
3.2.1 Political Factors
3.2.2 Economic Factors
3.2.3 Social Factors
3.2.4 Technological Factors
3.2.5 Environmental Factors
3.2.6 Legal Factors
3.3 Industry Trend Analysis
3.4 Industry Trends Under COVID-19
3.4.1 Risk Assessment on COVID-19
3.4.2 Assessment of the Overall Impact of COVID-19 on the Industry
3.4.3 Pre COVID-19 and Post COVID-19 Market Scenario
3.5 Industry Risk Assessment
4 Electric Furnace Market - By Geography
4.1 Global Electric Furnace Market Value and Market Share by Regions
4.1.1 Global Electric Furnace Value ($) by Region (2015-2020)
4.1.2 Global Electric Furnace Value Market Share by Regions (2015-2020)
4.2 Global Electric Furnace Market Production and Market Share by Major Countries
4.2.1 Global Electric Furnace Production by Major Countries (2015-2020)
4.2.2 Global Electric Furnace Production Market Share by Major Countries (2015-2020)
4.3 Global Electric Furnace Market Consumption and Market Share by Regions
4.3.1 Global Electric Furnace Consumption by Regions (2015-2020)
4.3.2 Global Electric Furnace Consumption Market Share by Regions (2015-2020)
5 Electric Furnace Market - By Trade Statistics
5.1 Global Electric Furnace Export and Import
5.2 United States Electric Furnace Export and Import (2015-2020)
5.3 Europe Electric Furnace Export and Import (2015-2020)
5.4 China Electric Furnace Export and Import (2015-2020)
5.5 Japan Electric Furnace Export and Import (2015-2020)
5.6 India Electric Furnace Export and Import (2015-2020)
5.7
6 Electric Furnace Market - By Type
6.1 Global Electric Furnace Production and Market Share by Types (2015-2020)
6.1.1 Global Electric Furnace Production by Types (2015-2020)
6.1.2 Global Electric Furnace Production Market Share by Types (2015-2020)
6.2 Global Electric Furnace Value and Market Share by Types (2015-2020)
6.2.1 Global Electric Furnace Value by Types (2015-2020)
6.2.2 Global Electric Furnace Value Market Share by Types (2015-2020)
6.3 Global Electric Furnace Production, Price and Growth Rate of Furnace with Evaporator (2015-2020)
6.4 Global Electric Furnace Production, Price and Growth Rate of Furnace without Evaporator (2015-2020)
7 Electric Furnace Market - By Application
7.1 Global Electric Furnace Consumption and Market Share by Applications (2015-2020)
7.1.1 Global Electric Furnace Consumption by Applications (2015-2020)
7.1.2 Global Electric Furnace Consumption Market Share by Applications (2015-2020)
7.2 Global Electric Furnace Consumption and Growth Rate of Residential (2015-2020)
7.3 Global Electric Furnace Consumption and Growth Rate of Commercial (2015-2020)
8 North America Electric Furnace Market
8.1 North America Electric Furnace Market Size
8.2 United States Electric Furnace Market Size
8.3 Canada Electric Furnace Market Size
8.4 Mexico Electric Furnace Market Size
8.5 The Influence of COVID-19 on North America Market
9 Europe Electric Furnace Market Analysis
9.1 Europe Electric Furnace Market Size
9.2 Germany Electric Furnace Market Size
9.3 United Kingdom Electric Furnace Market Size
9.4 France Electric Furnace Market Size
9.5 Italy Electric Furnace Market Size
9.6 Spain Electric Furnace Market Size
9.7 The Influence of COVID-19 on Europe Market
10 Asia-Pacific Electric Furnace Market Analysis
10.1 Asia-Pacific Electric Furnace Market Size
10.2 China Electric Furnace Market Size
10.3 Japan Electric Furnace Market Size
10.4 South Korea Electric Furnace Market Size
10.5 Southeast Asia Electric Furnace Market Size
10.6 India Electric Furnace Market Size
10.7 The Influence of COVID-19 on Asia Pacific Market
11 Middle East and Africa Electric Furnace Market Analysis
11.1 Middle East and Africa Electric Furnace Market Size
11.2 Saudi Arabia Electric Furnace Market Size
11.3 UAE Electric Furnace Market Size
11.4 South Africa Electric Furnace Market Size
11.5 The Influence of COVID-19 on Middle East and Africa Market
12 South America Electric Furnace Market Analysis
12.1 South America Electric Furnace Market Size
12.2 Brazil Electric Furnace Market Size
12.3 The Influence of COVID-19 on South America Market
13 Company Profiles
13.1 Unico, Inc.
13.1.1 Unico, Inc. Basic Information
13.1.2 Unico, Inc. Product Profiles, Application and Specification
13.1.3 Unico, Inc. Electric Furnace Market Performance (2015-2020)
13.2 King Electric
13.2.1 King Electric Basic Information
13.2.2 King Electric Product Profiles, Application and Specification
13.2.3 King Electric Electric Furnace Market Performance (2015-2020)
13.3 Lennox
13.3.1 Lennox Basic Information
13.3.2 Lennox Product Profiles, Application and Specification
13.3.3 Lennox Electric Furnace Market Performance (2015-2020)
13.4 Broan
13.4.1 Broan Basic Information
13.4.2 Broan Product Profiles, Application and Specification
13.4.3 Broan Electric Furnace Market Performance (2015-2020)
13.5 Cornhusker PPD
13.5.1 Cornhusker PPD Basic Information
13.5.2 Cornhusker PPD Product Profiles, Application and Specification
13.5.3 Cornhusker PPD Electric Furnace Market Performance (2015-2020)
13.6 AC4Life
13.6.1 AC4Life Basic Information
13.6.2 AC4Life Product Profiles, Application and Specification
13.6.3 AC4Life Electric Furnace Market Performance (2015-2020)
13.7 Trane
13.7.1 Trane Basic Information
13.7.2 Trane Product Profiles, Application and Specification
13.7.3 Trane Electric Furnace Market Performance (2015-2020)
13.8 Bryant
13.8.1 Bryant Basic Information
13.8.2 Bryant Product Profiles, Application and Specification
13.8.3 Bryant Electric Furnace Market Performance (2015-2020)
13.9 ENTEK
13.9.1 ENTEK Basic Information
13.9.2 ENTEK Product Profiles, Application and Specification
13.9.3 ENTEK Electric Furnace Market Performance (2015-2020)
13.10 Goodman
13.10.1 Goodman Basic Information
13.10.2 Goodman Product Profiles, Application and Specification
13.10.3 Goodman Electric Furnace Market Performance (2015-2020)
14 Market Forecast - By Regions
14.1 North America Electric Furnace Market Forecast (2020-2025)
14.2 Europe Electric Furnace Market Forecast (2020-2025)
14.3 Asia-Pacific Electric Furnace Market Forecast (2020-2025)
14.4 Middle East and Africa Electric Furnace Market Forecast (2020-2025)
14.5 South America Electric Furnace Market Forecast (2020-2025)
15 Market Forecast - By Type and Applications
15.1 Global Electric Furnace Market Forecast by Types (2020-2025)
15.1.1 Global Electric Furnace Market Forecast Production and Market Share by Types (2020-2025)
15.1.2 Global Electric Furnace Market Forecast Value and Market Share by Types (2020-2025)
15.2 Global Electric Furnace Market Forecast by Applications (2020-2025)
List of Tables and Figures
Figure Electric Furnace Picture
Table Electric Furnace Key Market Segments
Figure Study and Forecasting Years
Figure Global Electric Furnace Market Size and Growth Rate 2015-2025
Figure Industry PESTEL Analysis
Figure Global COVID-19 Status
Figure Market Size Forecast Comparison of Pre COVID-19 and Post COVID-19
Figure Global Electric Furnace Value ($) and Growth Rate (2015-2020)
Table Global Electric Furnace Value ($) by Countries (2015-2020)
Table Global Electric Furnace Value Market Share by Regions (2015-2020)
Figure Global Electric Furnace Value Market Share by Regions in 2019
Figure Global Electric Furnace Production and Growth Rate (2015-2020)
Table Global Electric Furnace Production by Major Countries (2015-2020)
Table Global Electric Furnace Production Market Share by Major Countries (2015-2020)
Figure Global Electric Furnace Production Market Share by Regions in 2019
Figure Global Electric Furnace Consumption and Growth Rate (2015-2020)
Table Global Electric Furnace Consumption by Regions (2015-2020)
Table Global Electric Furnace Consumption Market Share by Regions (2015-2020)
Figure Global Electric Furnace Consumption Market Share by Regions in 2019
Table Global Electric Furnace Export Top 3 Country 2019
Table Global Electric Furnace Import Top 3 Country 2019
Table United States Electric Furnace Export and Import (2015-2020)
Table Europe Electric Furnace Export and Import (2015-2020)
Table China Electric Furnace Export and Import (2015-2020)
Table Japan Electric Furnace Export and Import (2015-2020)
Table India Electric Furnace Export and Import (2015-2020)
Table Global Electric Furnace Production by Types (2015-2020)
Table Global Electric Furnace Production Market Share by Types (2015-2020)
Figure Global Electric Furnace Production Share by Type (2015-2020)
Table Global Electric Furnace Value by Types (2015-2020)
Table Global Electric Furnace Value Market Share by Types (2015-2020)
Figure Global Electric Furnace Value Share by Type (2015-2020)
Figure Global Furnace with Evaporator Production and Growth Rate (2015-2020)
Figure Global Furnace with Evaporator Price (2015-2020)
Figure Global Furnace without Evaporator Production and Growth Rate (2015-2020)
Figure Global Furnace without Evaporator Price (2015-2020)
Table Global Electric Furnace Consumption by Applications (2015-2020)
Table Global Electric Furnace Consumption Market Share by Applications (2015-2020)
Figure Global Electric Furnace Consumption Share by Application (2015-2020)
Figure Global Residential Consumption and Growth Rate (2015-2020)
Figure Global Commercial Consumption and Growth Rate (2015-2020)
Figure North America Electric Furnace Market Consumption and Growth Rate (2015-2020)
Table North America Electric Furnace Consumption by Countries (2015-2020)
Table North America Electric Furnace Consumption Market Share by Countries (2015-2020)
Figure North America Electric Furnace Consumption Market Share by Countries (2015-2020)
Figure United States Electric Furnace Market Consumption and Growth Rate (2015-2020)
Figure Canada Electric Furnace Market Consumption and Growth Rate (2015-2020)
Figure Mexico Electric Furnace Market Consumption and Growth Rate (2015-2020)
Figure North America COVID-19 Status
Figure Europe Electric Furnace Market Consumption and Growth Rate (2015-2020)
Table Europe Electric Furnace Consumption by Countries (2015-2020)
Table Europe Electric Furnace Consumption Market Share by Countries (2015-2020)
Figure Europe Electric Furnace Consumption Market Share by Countries (2015-2020)
Figure Germany Electric Furnace Market Consumption and Growth Rate (2015-2020)
Figure United Kingdom Electric Furnace Market Consumption and Growth Rate (2015-2020)
Figure France Electric Furnace Market Consumption and Growth Rate (2015-2020)
Figure Italy Electric Furnace Market Consumption and Growth Rate (2015-2020)
Figure Spain Electric Furnace Market Consumption and Growth Rate (2015-2020)
Figure Europe COVID-19 Status
Figure Asia-Pacific Electric Furnace Market Consumption and Growth Rate (2015-2020)
Table Asia-Pacific Electric Furnace Consumption by Countries (2015-2020)
Table Asia-Pacific Electric Furnace Consumption Market Share by Countries (2015-2020)
Figure Asia-Pacific Electric Furnace Consumption Market Share by Countries (2015-2020)
Figure China Electric Furnace Market Consumption and Growth Rate (2015-2020)
Figure Japan Electric Furnace Market Consumption and Growth Rate (2015-2020)
Figure South Korea Electric Furnace Market Consumption and Growth Rate (2015-2020)
Figure Southeast Asia Electric Furnace Market Consumption and Growth Rate (2015-2020)
Figure India Electric Furnace Market Consumption and Growth Rate (2015-2020)
Figure Asia Pacific COVID-19 Status
Figure Middle East and Africa Electric Furnace Market Consumption and Growth Rate (2015-2020)
Table Middle East and Africa Electric Furnace Consumption by Countries (2015-2020)
Table Middle East and Africa Electric Furnace Consumption Market Share by Countries (2015-2020)
Figure Middle East and Africa Electric Furnace Consumption Market Share by Countries (2015-2020)
Figure Saudi Arabia Electric Furnace Market Consumption and Growth Rate (2015-2020)
Figure UAE Electric Furnace Market Consumption and Growth Rate (2015-2020)
Figure South Africa Electric Furnace Market Consumption and Growth Rate (2015-2020)
Figure South America Electric Furnace Market Consumption and Growth Rate (2015-2020)
Table South America Electric Furnace Consumption by Countries (2015-2020)
Table South America Electric Furnace Consumption Market Share by Countries (2015-2020)
Figure South America Electric Furnace Consumption Market Share by Countries (2015-2020)
Figure Brazil Electric Furnace Market Consumption and Growth Rate (2015-2020)
Table Unico, Inc. Company Profile
Table Unico, Inc. Production, Value, Price, Gross Margin 2015-2020
Figure Unico, Inc. Production and Growth Rate
Figure Unico, Inc. Value ($) Market Share 2015-2020
Table King Electric Company Profile
Table King Electric Production, Value, Price, Gross Margin 2015-2020
Figure King Electric Production and Growth Rate
Figure King Electric Value ($) Market Share 2015-2020
Table Lennox Company Profile
Table Lennox Production, Value, Price, Gross Margin 2015-2020
Figure Lennox Production and Growth Rate
Figure Lennox Value ($) Market Share 2015-2020
Table Broan Company Profile
Table Broan Production, Value, Price, Gross Margin 2015-2020
Figure Broan Production and Growth Rate
Figure Broan Value ($) Market Share 2015-2020
Table Cornhusker PPD Company Profile
Table Cornhusker PPD Production, Value, Price, Gross Margin 2015-2020
Figure Cornhusker PPD Production and Growth Rate
Figure Cornhusker PPD Value ($) Market Share 2015-2020
Table AC4Life Company Profile
Table AC4Life Production, Value, Price, Gross Margin 2015-2020
Figure AC4Life Production and Growth Rate
Figure AC4Life Value ($) Market Share 2015-2020
Table Trane Company Profile
Table Trane Production, Value, Price, Gross Margin 2015-2020
Figure Trane Production and Growth Rate
Figure Trane Value ($) Market Share 2015-2020
Table Bryant Company Profile
Table Bryant Production, Value, Price, Gross Margin 2015-2020
Figure Bryant Production and Growth Rate
Figure Bryant Value ($) Market Share 2015-2020
Table ENTEK Company Profile
Table ENTEK Production, Value, Price, Gross Margin 2015-2020
Figure ENTEK Production and Growth Rate
Figure ENTEK Value ($) Market Share 2015-2020
Table Goodman Company Profile
Table Goodman Production, Value, Price, Gross Margin 2015-2020
Figure Goodman Production and Growth Rate
Figure Goodman Value ($) Market Share 2015-2020
Figure North America Market Consumption and Growth Rate Forecast (2020-2025)
Figure Europe Market Consumption and Growth Rate Forecast (2020-2025)
Figure Asia-Pacific Market Consumption and Growth Rate Forecast (2020-2025)
Figure Middle East and Africa Market Consumption and Growth Rate Forecast (2020-2025)
Figure South America Market Consumption and Growth Rate Forecast (2020-2025)
Table Global Electric Furnace Market Forecast Production by Types (2020-2025)
Table Global Electric Furnace Market Forecast Production Share by Types (2020-2025)
Table Global Electric Furnace Market Forecast Value ($) by Types (2020-2025)
Table Global Electric Furnace Market Forecast Value Share by Types (2020-2025)
Table Global Electric Furnace Market Forecast Consumption by Applications (2020-2025)
Table Global Electric Furnace Market Forecast Consumption Share by Applications (2020-2025)
Research Methodology:
Electric Furnace Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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