Report overview
A Industrial Arc Furnace is a high-temperature furnace that uses high-voltage electric arcs to make steel. Arc furnaces are a feature of the minimills that recycle iron and steel scrap into new steel products.
This report aims to provide a comprehensive presentation of the global market for Industrial Arc Furnaces, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Industrial Arc Furnaces. This report contains market size and forecasts of Industrial Arc Furnaces in global, including the following market information:
Global Industrial Arc Furnaces Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global Industrial Arc Furnaces Market Sales, 2018-2023, 2024-2032, (K Units)
Global top five Industrial Arc Furnaces companies in 2022 (%)
The global Industrial Arc Furnaces market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
AC-EAF Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Industrial Arc Furnaces include Danieli, Siemens, SMS, Electrotherm, TENOVA, Primetals Technologies, DongXong, Steel Plantech and TYMEC, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Industrial Arc Furnaces manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Industrial Arc Furnaces Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Industrial Arc Furnaces Market Segment Percentages, by Type, 2022 (%)
AC-EAF
DC-EAF
Global Industrial Arc Furnaces Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Industrial Arc Furnaces Market Segment Percentages, by Application, 2022 (%)
Metal Smelting
Ore Smelting
Others
Global Industrial Arc Furnaces Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Industrial Arc Furnaces Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Industrial Arc Furnaces revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Industrial Arc Furnaces revenues share in global market, 2022 (%)
Key companies Industrial Arc Furnaces sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Industrial Arc Furnaces sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Danieli
Siemens
SMS
Electrotherm
TENOVA
Primetals Technologies
DongXong
Steel Plantech
TYMEC
IHI
Doshi
Sermak Metal
Outline of Major Chapters:
Chapter 1: Introduces the definition of Industrial Arc Furnaces, market overview.
Chapter 2: Global Industrial Arc Furnaces market size in revenue and volume.
Chapter 3: Detailed analysis of Industrial Arc Furnaces manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Industrial Arc Furnaces in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Industrial Arc Furnaces capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
