2023-2029 Global Metal Melting Induction Furnace Industry Research & Trends Analysis Report
2023-2029 Global Metal Melting Induction Furnace Industry Research & Trends Analysis Report
The Metal Melting Induction Furnace Market report highlights technological advancements, investment opportunities, and regulatory frameworks shaping the industry landscape through 2030.
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According to Research, the global market for Metal Melting Induction Furnace should grow from US$ million in 2022 to US$ million by 2029, with a CAGR of % for the period of 2023-2029.
China Metal Melting Induction Furnace market should grow from US$ million in 2022 to US$ million by 2029, with a CAGR of % for the period of 2023-2029.
The United States Metal Melting Induction Furnace market should grow from US$ million in 2022 to US$ million by 2029, with a CAGR of % for the period of 2023-2029.
In terms of type, Coreless Induction Furnaces segment holds a share about % in 2022 and will reach % in 2029; while in terms of application, Non-Ferrous has a share approximately % in 2022 and will grow at a CAGR % during 2023 and 2029.
The global key manufacturers of Metal Melting Induction Furnace include OTTO JUNKER, Inductotherm Group, ABP Induction Systems, ECM Technologies, Electrotherm, EFD Induction, SMS, Ajax Tocco and Indotherm, etc. In 2022, the global top five players hold a share approximately % in terms of revenue.
Induction furnace is an electrical furnace that facilitates melting of metal using induction heating. It is an energy-efficient and easily-controlled melting process, based on the heating effect of the electromagnetic field.
This report aims to provide a comprehensive study of the global market for Metal Melting Induction Furnace. Report Highlights:
(1) Global Metal Melting Induction Furnace market size (sales volume & revenue), history data from 2018-2022 and forecast data from 2023 to 2029.
(2) Global Metal Melting Induction Furnace market competitive situation, sales, revenue, price and market share, from 2018 to 2022.
(3) China Metal Melting Induction Furnace market competitive situation, sales, revenue, price and market share, from 2018 to 2022.
(4) Global Metal Melting Induction Furnace segment by region (or country), key regions cover the United States, Europe, Japan, South Korea, Southeast Asia and India, etc.
(5) Global Metal Melting Induction Furnace segment by type and by application and regional segment by type and by application.
(6) Global major production regions of Metal Melting Induction Furnace, capacity, production and trends.
(7) Metal Melting Induction Furnace industry supply chain, upstream, midstream and downstream analysis.
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa
Market segment by type, covers
Coreless Induction Furnaces
Channel Induction Furnaces
Market segment by application, can be divided into
Non-Ferrous
Ferrous
Others
Market segment by players, this report covers
OTTO JUNKER
Inductotherm Group
ABP Induction Systems
ECM Technologies
Electrotherm
EFD Induction
SMS
Ajax Tocco
Indotherm
Megatherm
Ningbo Haishun Electronic Co., Ltd
Ningbo Shenguang Electric Furnace Co., Ltd
Retech Systems LLC
Hebei YUANTUO
Dai-ichi Kiden Co.,Ltd
Jinlai Electromechanical
Agni Electrical
1 Market Overview
1.1 Metal Melting Induction Furnace Definition
1.2 Global Metal Melting Induction Furnace Market Size and Forecast
1.2.1 By Revenue, Global Metal Melting Induction Furnace Market Size, 2018-2029
1.2.2 By Sales Volume, Global Metal Melting Induction Furnace Market Size, 2018-2029
1.2.3 Global Metal Melting Induction Furnace Price Trend, 2018-2029
1.3 China Metal Melting Induction Furnace Market Size and Forecast
1.3.1 By Revenue, China Metal Melting Induction Furnace Market Size, 2018-2029
1.3.2 By Sales Volume, China Metal Melting Induction Furnace Market Size, 2018-2029
1.3.3 China Metal Melting Induction Furnace Price Trend, 2018-2029
1.4 China Percentage in Global Market
1.4.1 By Revenue, China Metal Melting Induction Furnace Share in Global Market, 2018-2029
1.4.2 By Sales Volume, China Metal Melting Induction Furnace Share in Global Market, 2018-2029
1.4.3 Metal Melting Induction Furnace Market Size: China VS Global, 2018-2029
1.5 Metal Melting Induction Furnace Market Dynamics
1.5.1 Metal Melting Induction Furnace Market Drivers
1.5.2 Metal Melting Induction Furnace Market Restraints
1.5.3 Metal Melting Induction Furnace Industry Trends
1.5.4 Metal Melting Induction Furnace Industry Policy
2 Global Competitive Landscape by Company
2.1 Global Metal Melting Induction Furnace Revenue by Company, 2018-2023
2.2 Global Metal Melting Induction Furnace Sales Volume by Company, 2018-2023
2.3 Global Metal Melting Induction Furnace Price by Company, 2018-2023
2.4 Global Metal Melting Induction Furnace Participants, Market Position (Tier 1, Tier 2 and Tier 3)
2.5 Global Metal Melting Induction Furnace Concentration Ratio
2.6 Global Metal Melting Induction Furnace Mergers & Acquisitions, Expansion Plans
2.7 Global Metal Melting Induction Furnace Manufacturers Product Type
3 China Competitive Landscape by Company
3.1 China Metal Melting Induction Furnace Revenue by Company, 2018-2023
3.2 China Metal Melting Induction Furnace Sales Volume by Company, 2018-2023
3.3 China Metal Melting Induction Furnace Metal Melting Induction Furnace Participants, Market Position (Tier 1, Tier 2 and Tier 3)
3.4 China Metal Melting Induction Furnace Market, Sales Percentage of Local Players VS Foreign Players (2018-2023)
3.5 Chinese Local Players, Metal Melting Induction Furnace Domestic VS Export
3.6 China Market, Metal Melting Induction Furnace Import & Export
3.6.1 China Market, Metal Melting Induction Furnace Import & Export, 2018-2029
3.6.2 China Metal Melting Induction Furnace Import & Export Trends
3.6.3 Main Sources of China Metal Melting Induction Furnace Import
3.6.4 Export Destination of China Metal Melting Induction Furnace
4 Metal Melting Induction Furnace Production by Region
4.1 Global Metal Melting Induction Furnace Capacity, Production and Capacity Utilization, 2018-2029
4.2 Global Geographic Distribution of Metal Melting Induction Furnace Manufacturers
4.3 Global Major Manufacturers, Metal Melting Induction Furnace Capacity Expansion and Future Plans
4.4 Global Metal Melting Induction Furnace Capacity by Region
4.5 Global Metal Melting Induction Furnace Production by Region
4.5.1 Global Metal Melting Induction Furnace Production & Forecast by Region, 2018 VS 2022 VS 2029
4.5.2 Global Metal Melting Induction Furnace Production by Region, 2018-2023
4.5.3 Global Metal Melting Induction Furnace Production Market Share & Forecast by Region, 2018-2029
5 Industry Chain Analysis
5.1 Metal Melting Induction Furnace Industry Chain
5.2 Metal Melting Induction Furnace Upstream Analysis
5.2.1 Metal Melting Induction Furnace Core Raw Materials
5.2.2 Main Manufacturers of Metal Melting Induction Furnace Core Raw Materials
5.3 Midstream Analysis
5.4 Downstream Analysis
5.5 Metal Melting Induction Furnace Production Mode
5.6 Metal Melting Induction Furnace Procurement Model
5.7 Metal Melting Induction Furnace Industry Sales Model and Sales Channels
5.7.1 Metal Melting Induction Furnace Sales Model
5.7.2 Metal Melting Induction Furnace Typical Distributors
6 Sights by Type
6.1 Metal Melting Induction Furnace Classification
6.1.1 Coreless Induction Furnaces
6.1.2 Channel Induction Furnaces
6.2 By Type, Global Metal Melting Induction Furnace Market Size & CAGR, 2018 VS 2022 VS 2029
6.3 By Type, Global Metal Melting Induction Furnace Revenue, 2018-2029
6.4 By Type, Global Metal Melting Induction Furnace Sales Volume, 2018-2029
6.5 By Type, Global Metal Melting Induction Furnace Price, 2018-2029
7 Sights by Application
7.1 Metal Melting Induction Furnace Segment by Application
7.1.1 Non-Ferrous
7.1.2 Ferrous
7.1.3 Others
7.2 By Application, Global Metal Melting Induction Furnace Market Size & CAGR, 2018 VS 2022 VS 2029
7.3 By Application, Global Metal Melting Induction Furnace Revenue, 2018-2029
7.4 By Application, Global Metal Melting Induction Furnace Sales Volume, 2018-2029
7.5 By Application, Global Metal Melting Induction Furnace Price, 2018-2029
8 Sales Sights by Region
8.1 By Region, Global Metal Melting Induction Furnace Market Size, 2018 VS 2022 VS 2029
8.2 By Region, Global Metal Melting Induction Furnace Revenue, 2018-2029
8.3 By Region, Global Metal Melting Induction Furnace Sales Volume, 2018-2029
8.4 North America
8.4.1 North America Metal Melting Induction Furnace Market Size & Forecasts, 2018-2029
8.4.2 By Country, North America Metal Melting Induction Furnace Market Size Market Share
8.5 Europe
8.5.1 Europe Metal Melting Induction Furnace Market Size & Forecasts, 2018-2029
8.5.2 By Country, Europe Metal Melting Induction Furnace Market Size Market Share
8.6 Asia Pacific
8.6.1 Asia Pacific Metal Melting Induction Furnace Market Size & Forecasts, 2018-2029
8.6.2 By Country/Region, Asia Pacific Metal Melting Induction Furnace Market Size Market Share
8.7 South America
8.7.1 South America Metal Melting Induction Furnace Market Size & Forecasts, 2018-2029
8.7.2 By Country, South America Metal Melting Induction Furnace Market Size Market Share
8.8 Middle East & Africa
9 Sales Sights by Country Level
9.1 By Country, Global Metal Melting Induction Furnace Market Size & CAGR，2018 VS 2022 VS 2029
9.2 By Country, Global Metal Melting Induction Furnace Revenue, 2018-2029
9.3 By Country, Global Metal Melting Induction Furnace Sales Volume, 2018-2029
9.4 U.S.
9.4.1 U.S. Metal Melting Induction Furnace Market Size, 2018-2029
9.4.2 By Company, U.S. Metal Melting Induction Furnace Sales Volume Market Share, 2022
9.4.3 By Type, U.S. Metal Melting Induction Furnace Market Size, Share, 2022 VS 2029
9.4.4 By Application, U.S. Metal Melting Induction Furnace Market Size, Share, 2022 VS 2029
9.5 Europe
9.5.1 Europe Metal Melting Induction Furnace Market Size, 2018-2029
9.5.2 By Company, Europe Metal Melting Induction Furnace Sales Volume Market Share, 2022
9.5.3 By Type, Europe Metal Melting Induction Furnace Market Size, Share, 2022 VS 2029
9.5.4 By Application, Europe Metal Melting Induction Furnace Market Size, Share, 2022 VS 2029
9.6 China
9.6.1 China Metal Melting Induction Furnace Market Size, 2018-2029
9.6.2 By Company, China Metal Melting Induction Furnace Sales Volume Market Share, 2022
9.6.3 By Type, China Metal Melting Induction Furnace Market Size, Share, 2022 VS 2029
9.6.4 By Application, China Metal Melting Induction Furnace Market Size, Share, 2022 VS 2029
9.7 Japan
9.7.1 Japan Metal Melting Induction Furnace Market Size, 2018-2029
9.7.2 By Company, Japan Metal Melting Induction Furnace Sales Volume Market Share, 2022
9.7.3 By Type, Japan Metal Melting Induction Furnace Market Size, Share, 2022 VS 2029
9.7.4 By Application, Japan Metal Melting Induction Furnace Market Size, Share, 2022 VS 2029
9.8 South Korea
9.8.1 South Korea Metal Melting Induction Furnace Market Size, 2018-2029
9.8.2 By Company, South Korea Metal Melting Induction Furnace Sales Volume Market Share, 2022
9.8.3 By Type, South Korea Metal Melting Induction Furnace Market Size, Share, 2022 VS 2029
9.8.4 By Application, South Korea Metal Melting Induction Furnace Market Size, Share, 2022 VS 2029
9.9 Southeast Asia
9.9.1 Southeast Asia Metal Melting Induction Furnace Market Size, 2018-2029
9.9.2 By Company, Southeast Asia Metal Melting Induction Furnace Sales Volume Market Share, 2022
9.9.3 By Type, Southeast Asia Metal Melting Induction Furnace Market Size, Share, 2022 VS 2029
9.9.4 By Application, Southeast Asia Metal Melting Induction Furnace Market Size, Share, 2022 VS 2029
9.10 India
9.10.1 India Metal Melting Induction Furnace Market Size, 2018-2029
9.10.2 By Company, India Metal Melting Induction Furnace Sales Volume Market Share, 2022
9.10.3 By Type, India Metal Melting Induction Furnace Market Size, Share, 2022 VS 2029
9.10.4 By Application, India Metal Melting Induction Furnace Market Size, Share, 2022 VS 2029
9.11 Middle East & Asia
9.11.1 Middle East & Asia Metal Melting Induction Furnace Market Size, 2018-2029
9.11.2 By Company, Middle East & Asia Metal Melting Induction Furnace Sales Volume Market Share, 2022
9.11.3 By Type, Middle East & Asia Metal Melting Induction Furnace Market Size, Share, 2022 VS 2029
9.11.4 By Application, Middle East & Asia Metal Melting Induction Furnace Market Size, Share, 2022 VS 2029
10 Manufacturers Profile
10.1 OTTO JUNKER
10.1.1 OTTO JUNKER Company Information, Head Office, Market Area and Industry Position
10.1.2 OTTO JUNKER Metal Melting Induction Furnace Models, Specifications and Application
10.1.3 OTTO JUNKER Metal Melting Induction Furnace Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.1.4 OTTO JUNKER Company Profile and Main Business
10.1.5 OTTO JUNKER Recent Developments
10.2 Inductotherm Group
10.2.1 Inductotherm Group Company Information, Head Office, Market Area and Industry Position
10.2.2 Inductotherm Group Metal Melting Induction Furnace Models, Specifications and Application
10.2.3 Inductotherm Group Metal Melting Induction Furnace Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.2.4 Inductotherm Group Company Profile and Main Business
10.2.5 Inductotherm Group Recent Developments
10.3 ABP Induction Systems
10.3.1 ABP Induction Systems Company Information, Head Office, Market Area and Industry Position
10.3.2 ABP Induction Systems Metal Melting Induction Furnace Models, Specifications and Application
10.3.3 ABP Induction Systems Metal Melting Induction Furnace Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.3.4 ABP Induction Systems Company Profile and Main Business
10.3.5 ABP Induction Systems Recent Developments
10.4 ECM Technologies
10.4.1 ECM Technologies Company Information, Head Office, Market Area and Industry Position
10.4.2 ECM Technologies Metal Melting Induction Furnace Models, Specifications and Application
10.4.3 ECM Technologies Metal Melting Induction Furnace Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.4.4 ECM Technologies Company Profile and Main Business
10.4.5 ECM Technologies Recent Developments
10.5 Electrotherm
10.5.1 Electrotherm Company Information, Head Office, Market Area and Industry Position
10.5.2 Electrotherm Metal Melting Induction Furnace Models, Specifications and Application
10.5.3 Electrotherm Metal Melting Induction Furnace Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.5.4 Electrotherm Company Profile and Main Business
10.5.5 Electrotherm Recent Developments
10.6 EFD Induction
10.6.1 EFD Induction Company Information, Head Office, Market Area and Industry Position
10.6.2 EFD Induction Metal Melting Induction Furnace Models, Specifications and Application
10.6.3 EFD Induction Metal Melting Induction Furnace Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.6.4 EFD Induction Company Profile and Main Business
10.6.5 EFD Induction Recent Developments
10.7 SMS
10.7.1 SMS Company Information, Head Office, Market Area and Industry Position
10.7.2 SMS Metal Melting Induction Furnace Models, Specifications and Application
10.7.3 SMS Metal Melting Induction Furnace Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.7.4 SMS Company Profile and Main Business
10.7.5 SMS Recent Developments
10.8 Ajax Tocco
10.8.1 Ajax Tocco Company Information, Head Office, Market Area and Industry Position
10.8.2 Ajax Tocco Metal Melting Induction Furnace Models, Specifications and Application
10.8.3 Ajax Tocco Metal Melting Induction Furnace Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.8.4 Ajax Tocco Company Profile and Main Business
10.8.5 Ajax Tocco Recent Developments
10.9 Indotherm
10.9.1 Indotherm Company Information, Head Office, Market Area and Industry Position
10.9.2 Indotherm Metal Melting Induction Furnace Models, Specifications and Application
10.9.3 Indotherm Metal Melting Induction Furnace Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.9.4 Indotherm Company Profile and Main Business
10.9.5 Indotherm Recent Developments
10.10 Megatherm
10.10.1 Megatherm Company Information, Head Office, Market Area and Industry Position
10.10.2 Megatherm Metal Melting Induction Furnace Models, Specifications and Application
10.10.3 Megatherm Metal Melting Induction Furnace Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.10.4 Megatherm Company Profile and Main Business
10.10.5 Megatherm Recent Developments
10.11 Ningbo Haishun Electronic Co., Ltd
10.11.1 Ningbo Haishun Electronic Co., Ltd Company Information, Head Office, Market Area and Industry Position
10.11.2 Ningbo Haishun Electronic Co., Ltd Metal Melting Induction Furnace Models, Specifications and Application
10.11.3 Ningbo Haishun Electronic Co., Ltd Metal Melting Induction Furnace Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.11.4 Ningbo Haishun Electronic Co., Ltd Company Profile and Main Business
10.11.5 Ningbo Haishun Electronic Co., Ltd Recent Developments
10.12 Ningbo Shenguang Electric Furnace Co., Ltd
10.12.1 Ningbo Shenguang Electric Furnace Co., Ltd Company Information, Head Office, Market Area and Industry Position
10.12.2 Ningbo Shenguang Electric Furnace Co., Ltd Metal Melting Induction Furnace Models, Specifications and Application
10.12.3 Ningbo Shenguang Electric Furnace Co., Ltd Metal Melting Induction Furnace Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.12.4 Ningbo Shenguang Electric Furnace Co., Ltd Company Profile and Main Business
10.12.5 Ningbo Shenguang Electric Furnace Co., Ltd Recent Developments
10.13 Retech Systems LLC
10.13.1 Retech Systems LLC Company Information, Head Office, Market Area and Industry Position
10.13.2 Retech Systems LLC Metal Melting Induction Furnace Models, Specifications and Application
10.13.3 Retech Systems LLC Metal Melting Induction Furnace Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.13.4 Retech Systems LLC Company Profile and Main Business
10.13.5 Retech Systems LLC Recent Developments
10.14 Hebei YUANTUO
10.14.1 Hebei YUANTUO Company Information, Head Office, Market Area and Industry Position
10.14.2 Hebei YUANTUO Metal Melting Induction Furnace Models, Specifications and Application
10.14.3 Hebei YUANTUO Metal Melting Induction Furnace Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.14.4 Hebei YUANTUO Company Profile and Main Business
10.14.5 Hebei YUANTUO Recent Developments
10.15 Dai-ichi Kiden Co.,Ltd
10.15.1 Dai-ichi Kiden Co.,Ltd Company Information, Head Office, Market Area and Industry Position
10.15.2 Dai-ichi Kiden Co.,Ltd Metal Melting Induction Furnace Models, Specifications and Application
10.15.3 Dai-ichi Kiden Co.,Ltd Metal Melting Induction Furnace Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.15.4 Dai-ichi Kiden Co.,Ltd Company Profile and Main Business
10.15.5 Dai-ichi Kiden Co.,Ltd Recent Developments
10.16 Jinlai Electromechanical
10.16.1 Jinlai Electromechanical Company Information, Head Office, Market Area and Industry Position
10.16.2 Jinlai Electromechanical Metal Melting Induction Furnace Models, Specifications and Application
10.16.3 Jinlai Electromechanical Metal Melting Induction Furnace Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.16.4 Jinlai Electromechanical Company Profile and Main Business
10.16.5 Jinlai Electromechanical Recent Developments
10.17 Agni Electrical
10.17.1 Agni Electrical Company Information, Head Office, Market Area and Industry Position
10.17.2 Agni Electrical Metal Melting Induction Furnace Models, Specifications and Application
10.17.3 Agni Electrical Metal Melting Induction Furnace Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.17.4 Agni Electrical Company Profile and Main Business
10.17.5 Agni Electrical Recent Developments
11 Conclusion
12 Appendix
12.1 Research Methodology
12.2 Data Source
12.2.1 Secondary Sources
12.2.2 Primary Sources
12.3 Market Estimation Model
12.4 Disclaimer
Research Methodology:
Metal Melting 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.
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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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