Global Induction Furnace Market

Global Induction Furnace Market Research Report 2021

Global Induction Furnace Market

Global Induction Furnace Market Research Report 2021


Insights into the Induction Furnace Market include supply chain optimization, Induction Furnace challenges, and growth forecasts segmented by region and service type.

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Research Predicts that Induction Furnace Market was valued USD xxxx unit in 2020 and is expected to reach USD xxxx Unit by the year 2025, growing at a CAGR of xx% globally.

Global Induction Furnace Market Overview:

Global Induction Furnace Market Report 2020 comes with the extensive industry analysis of development components, patterns, flows and sizes. The report also calculates present and past market values to forecast potential market management through the forecast period between 2020-2025.This research study of Induction Furnace involved the extensive usage of both primary and secondary data sources. This includes the study of various parameters affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry.

Impact of COVID-19 on Induction Furnace Market

Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost every country around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affected the Induction Furnace market in 2020.

Global Induction Furnace Market Segmentation

By Type, Induction Furnace market has been segmented into:

Coreless Induction Furnace

Channel Induction Furnace

By Application, Induction Furnace market has been segmented into:

Steel Industry

Copper Industry

Aluminum Industry

Zinc Industry

Regional Analysis:

North America (U.S., Canada, Mexico)

Europe (Germany, U.K., France, Italy, Russia, Spain etc.)

Asia-Pacific (China, India, Japan, Southeast Asia etc.)

South America (Brazil, Argentina etc.)

Middle East & Africa (Saudi Arabia, South Africa etc.)

Top Key Players Covered in Induction Furnace market are:

Electrotherm

Danieli

SMS

Meltech

TENOVA

STEEL PLANTECH

Doshi

IHI

DongXong

YUEDA

Nupro Corporation

OTTO JUNKER

ECM Technologies

1. Market Overview of Induction Furnace

1.1 Induction Furnace Market Overview

1.1.1 Induction Furnace Product Scope

1.1.2 Market Status and Outlook

1.2 Induction Furnace Market Size by Regions: 2015 VS 2021 VS 2026

1.3 Induction Furnace Historic Market Size by Regions (2015-2020)

1.4 Induction Furnace Forecasted Market Size by Regions (2021-2026)

1.5 Covid-19 Impact on Key Regions, Keyword Market Size YoY Growth (2015-2026)

1.5.1 North America

1.5.2 East Asia

1.5.3 Europe

1.5.4 South Asia

1.5.5 Southeast Asia

1.5.6 Middle East

1.5.7 Africa

1.5.8 Oceania

1.5.9 South America

1.5.10 Rest of the World

1.6 Coronavirus Disease 2019 (Covid-19) Impact Will Have a Severe Impact on Global Growth

1.6.1 Covid-19 Impact: Global GDP Growth, 2019, 2020 and 2021 Projections

1.6.2 Covid-19 Impact: Commodity Prices Indices

1.6.3 Covid-19 Impact: Global Major Government Policy

2. Covid-19 Impact Induction Furnace Sales Market by Type (2015-2026)

2.1 Global Induction Furnace Historic Market Size by Type (2015-2020)

2.2 Global Induction Furnace Forecasted Market Size by Type (2021-2026)

2.3 Coreless Induction Furnace

2.4 Channel Induction Furnace

3. Covid-19 Impact Induction Furnace Sales Market by Application (2015-2026)

3.1 Global Induction Furnace Historic Market Size by Application (2015-2020)

3.2 Global Induction Furnace Forecasted Market Size by Application (2021-2026)

3.3 Steel Industry

3.4 Copper Industry

3.5 Aluminum Industry

3.6 Zinc Industry

4. Covid-19 Impact Market Competition by Manufacturers

4.1 Global Induction Furnace Production Capacity Market Share by Manufacturers (2015-2020)

4.2 Global Induction Furnace Revenue Market Share by Manufacturers (2015-2020)

4.3 Global Induction Furnace Average Price by Manufacturers (2015-2020)

5. Company Profiles and Key Figures in Induction Furnace Business

5.1 Electrotherm

5.1.1 Electrotherm Company Profile

5.1.2 Electrotherm Induction Furnace Product Specification

5.1.3 Electrotherm Induction Furnace Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.2 Danieli

5.2.1 Danieli Company Profile

5.2.2 Danieli Induction Furnace Product Specification

5.2.3 Danieli Induction Furnace Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.3 SMS

5.3.1 SMS Company Profile

5.3.2 SMS Induction Furnace Product Specification

5.3.3 SMS Induction Furnace Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.4 Meltech

5.4.1 Meltech Company Profile

5.4.2 Meltech Induction Furnace Product Specification

5.4.3 Meltech Induction Furnace Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.5 TENOVA

5.5.1 TENOVA Company Profile

5.5.2 TENOVA Induction Furnace Product Specification

5.5.3 TENOVA Induction Furnace Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.6 STEEL PLANTECH

5.6.1 STEEL PLANTECH Company Profile

5.6.2 STEEL PLANTECH Induction Furnace Product Specification

5.6.3 STEEL PLANTECH Induction Furnace Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.7 Doshi

5.7.1 Doshi Company Profile

5.7.2 Doshi Induction Furnace Product Specification

5.7.3 Doshi Induction Furnace Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.8 IHI

5.8.1 IHI Company Profile

5.8.2 IHI Induction Furnace Product Specification

5.8.3 IHI Induction Furnace Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.9 DongXong

5.9.1 DongXong Company Profile

5.9.2 DongXong Induction Furnace Product Specification

5.9.3 DongXong Induction Furnace Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.10 YUEDA

5.10.1 YUEDA Company Profile

5.10.2 YUEDA Induction Furnace Product Specification

5.10.3 YUEDA Induction Furnace Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.11 Nupro Corporation

5.11.1 Nupro Corporation Company Profile

5.11.2 Nupro Corporation Induction Furnace Product Specification

5.11.3 Nupro Corporation Induction Furnace Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.12 OTTO JUNKER

5.12.1 OTTO JUNKER Company Profile

5.12.2 OTTO JUNKER Induction Furnace Product Specification

5.12.3 OTTO JUNKER Induction Furnace Production Capacity, Revenue, Price and Gross Margin (2015-2020)

5.13 ECM Technologies

5.13.1 ECM Technologies Company Profile

5.13.2 ECM Technologies Induction Furnace Product Specification

5.13.3 ECM Technologies Induction Furnace Production Capacity, Revenue, Price and Gross Margin (2015-2020)

6. North America

6.1 North America Induction Furnace Market Size (2015-2026)

6.2 North America Induction Furnace Key Players in North America (2015-2020)

6.3 North America Induction Furnace Market Size by Type (2015-2020)

6.4 North America Induction Furnace Market Size by Application (2015-2020)

7. East Asia

7.1 East Asia Induction Furnace Market Size (2015-2026)

7.2 East Asia Induction Furnace Key Players in North America (2015-2020)

7.3 East Asia Induction Furnace Market Size by Type (2015-2020)

7.4 East Asia Induction Furnace Market Size by Application (2015-2020)

8. Europe

8.1 Europe Induction Furnace Market Size (2015-2026)

8.2 Europe Induction Furnace Key Players in North America (2015-2020)

8.3 Europe Induction Furnace Market Size by Type (2015-2020)

8.4 Europe Induction Furnace Market Size by Application (2015-2020)

9. South Asia

9.1 South Asia Induction Furnace Market Size (2015-2026)

9.2 South Asia Induction Furnace Key Players in North America (2015-2020)

9.3 South Asia Induction Furnace Market Size by Type (2015-2020)

9.4 South Asia Induction Furnace Market Size by Application (2015-2020)

10. Southeast Asia

10.1 Southeast Asia Induction Furnace Market Size (2015-2026)

10.2 Southeast Asia Induction Furnace Key Players in North America (2015-2020)

10.3 Southeast Asia Induction Furnace Market Size by Type (2015-2020)

10.4 Southeast Asia Induction Furnace Market Size by Application (2015-2020)

11. Middle East

11.1 Middle East Induction Furnace Market Size (2015-2026)

11.2 Middle East Induction Furnace Key Players in North America (2015-2020)

11.3 Middle East Induction Furnace Market Size by Type (2015-2020)

11.4 Middle East Induction Furnace Market Size by Application (2015-2020)

12. Africa

12.1 Africa Induction Furnace Market Size (2015-2026)

12.2 Africa Induction Furnace Key Players in North America (2015-2020)

12.3 Africa Induction Furnace Market Size by Type (2015-2020)

12.4 Africa Induction Furnace Market Size by Application (2015-2020)

13. Oceania

13.1 Oceania Induction Furnace Market Size (2015-2026)

13.2 Oceania Induction Furnace Key Players in North America (2015-2020)

13.3 Oceania Induction Furnace Market Size by Type (2015-2020)

13.4 Oceania Induction Furnace Market Size by Application (2015-2020)

14. South America

14.1 South America Induction Furnace Market Size (2015-2026)

14.2 South America Induction Furnace Key Players in North America (2015-2020)

14.3 South America Induction Furnace Market Size by Type (2015-2020)

14.4 South America Induction Furnace Market Size by Application (2015-2020)

15. Rest of the World

15.1 Rest of the World Induction Furnace Market Size (2015-2026)

15.2 Rest of the World Induction Furnace Key Players in North America (2015-2020)

15.3 Rest of the World Induction Furnace Market Size by Type (2015-2020)

15.4 Rest of the World Induction Furnace Market Size by Application (2015-2020)

16 Induction Furnace Market Dynamics

16.1 Covid-19 Impact Market Top Trends

16.2 Covid-19 Impact Market Drivers

16.3 Covid-19 Impact Market Challenges

16.4 Porter’s Five Forces Analysis

18 Regulatory Information

17 Analyst's Viewpoints/Conclusions

18 Appendix

18.1 Research Methodology

18.1.1 Methodology/Research Approach

18.1.2 Data Source

18.2 Disclaimer

Research Methodology:
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
Induction 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.

Market Size
  • Segmental value
  • Geographic Penetration
  • Product Adoption Rate for Different market
  • Journals, Websites, and Press Releases
  • Annual Reports and SEC Filings
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Market Intellix Data Repository
Market Position of Top Company
  • Product Financials
  • Geographic value Mix
  • Total Company value
  • Business/Segmental value Mix
Qualitative Analysis
  • Influence Factors
  • Market Potential
  • Market Risks and Opportunities
  • Industry Trends
  • Geographical Features
  • Government Policies
  • Company Websites and Press Releases
  • Public and Paid Databases
  • Annual Reports
  • Industry Associations
  • Market Intellix Data Repository

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

Primary Sources Parameters Key Data
Market Segments(by Application, by Type)
  • Value by Type
  • Status and Forecast
  • Value by Application
  • Value by Regions, Status and Forecast (2025-2031)
  • Value Market Share by Type
  • Value Growth Rate by Type
  • Value by Application
  • Percentage and Growth Rate by Application
  • Value Growth Rate and Market Share by Regions
  • Market Size Status and Forecast (2025-2031)
Total Market
  • Overall Size, Status and Forecast
  • Market Size Status and Forecast (2025-2031)
Frequently asked questions(FAQ's):
Who are the dominant players having a strong presence in the Induction Furnace Market?
Some of the finest and top-notch companies pioneering the Induction Furnace Market are Electrotherm, Danieli, SMS, Meltech, TENOVA, STEEL PLANTECH, Doshi, IHI, DongXong, YUEDA, Nupro Corporation, OTTO JUNKER, ECM Technologies.
What is the major concern of the players in the Induction Furnace Market?
As manufacturers prepare to scale up, Induction Furnace companies must be clear and transparent about the impact of such volatility on the balance sheet.
Where are the Induction Furnace used?
The Induction Furnace are employed in Steel Industry, Copper Industry, Aluminum Industry, Zinc Industry.
How big is the Induction Furnace Market by 2030?
It is expected that the Induction Furnace Market will reach USD XX million by 2030.
What challenges does the Induction Furnace Market face in the future?
The convergence of various vital triggers, including a major slowdown in Western economies, and some critical points in globalization, leads to the transformation of business in the Induction Furnace Market across the extensive corporate landscape.
What are the top priorities for the growth of the Induction Furnace Market?
In this highly competitive and rapidly evolving Induction Furnace Industry, top strategic priorities such as innovation, diversification, and M&A would remain consistent.