Report Detail

Machinery & Equipment Global Induction Furnace (IF) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

  • RnM4619591
  • |
  • 26 September, 2024
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  • Global
  • |
  • 133 Pages
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  • GIR (Global Info Research)
  • |
  • Machinery & Equipment

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.
A typical induction furnace comprises inductor coil, shell, crucible, and cooling system, and a tilting mechanism for pouring the molten metal. The inductor coil generates magnetic flux as alternating current passes through it. It is the magnetic flux that creates the heating effect inside the furnace.
According to our (Global Info Research) latest study, the global Induction Furnace (IF) market size was valued at US$ 970 million in 2023 and is forecast to a readjusted size of USD 1265 million by 2030 with a CAGR of 3.9% during review period.
Asia-Pacific held a key market revenue share of the linear motor market in 2019 which account for 66.26%. In 2019, OTTO JUNKER, Inductotherm Group, ABP Induction Systems ranked top 3 of the revenue share in global market. These companies will witness a stable growth in the following five years.
This report is a detailed and comprehensive analysis for global Induction Furnace (IF) market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Induction Furnace (IF) market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (K USD/Unit), 2019-2030
Global Induction Furnace (IF) market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (K USD/Unit), 2019-2030
Global Induction Furnace (IF) market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (K USD/Unit), 2019-2030
Global Induction Furnace (IF) market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (K USD/Unit), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Induction Furnace (IF)
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Induction Furnace (IF) market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include OTTO JUNKER, Inductotherm Group, ABP Induction Systems, ECM Technologies, Electrotherm, EFD Induction, SMS, Ajax Tocco, Indotherm, Megatherm, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Induction Furnace (IF) market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Induction Melting Furnace
Induction Heating Furnace
Market segment by Application
Non-Ferrous
Ferrous
Specialty Melting
Major players covered
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
Shenzhen Shuangping
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Induction Furnace (IF) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Induction Furnace (IF), with price, sales quantity, revenue, and global market share of Induction Furnace (IF) from 2019 to 2024.
Chapter 3, the Induction Furnace (IF) competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Induction Furnace (IF) breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Induction Furnace (IF) market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Induction Furnace (IF).
Chapter 14 and 15, to describe Induction Furnace (IF) sales channel, distributors, customers, research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Induction Furnace (IF) Consumption Value by Type: 2019 Versus 2023 Versus 2030
    • 1.3.2 Induction Melting Furnace
    • 1.3.3 Induction Heating Furnace
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Induction Furnace (IF) Consumption Value by Application: 2019 Versus 2023 Versus 2030
    • 1.4.2 Non-Ferrous
    • 1.4.3 Ferrous
    • 1.4.4 Specialty Melting
  • 1.5 Global Induction Furnace (IF) Market Size & Forecast
    • 1.5.1 Global Induction Furnace (IF) Consumption Value (2019 & 2023 & 2030)
    • 1.5.2 Global Induction Furnace (IF) Sales Quantity (2019-2030)
    • 1.5.3 Global Induction Furnace (IF) Average Price (2019-2030)

2 Manufacturers Profiles

  • 2.1 OTTO JUNKER
    • 2.1.1 OTTO JUNKER Details
    • 2.1.2 OTTO JUNKER Major Business
    • 2.1.3 OTTO JUNKER Induction Furnace (IF) Product and Services
    • 2.1.4 OTTO JUNKER Induction Furnace (IF) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.1.5 OTTO JUNKER Recent Developments/Updates
  • 2.2 Inductotherm Group
    • 2.2.1 Inductotherm Group Details
    • 2.2.2 Inductotherm Group Major Business
    • 2.2.3 Inductotherm Group Induction Furnace (IF) Product and Services
    • 2.2.4 Inductotherm Group Induction Furnace (IF) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.2.5 Inductotherm Group Recent Developments/Updates
  • 2.3 ABP Induction Systems
    • 2.3.1 ABP Induction Systems Details
    • 2.3.2 ABP Induction Systems Major Business
    • 2.3.3 ABP Induction Systems Induction Furnace (IF) Product and Services
    • 2.3.4 ABP Induction Systems Induction Furnace (IF) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.3.5 ABP Induction Systems Recent Developments/Updates
  • 2.4 ECM Technologies
    • 2.4.1 ECM Technologies Details
    • 2.4.2 ECM Technologies Major Business
    • 2.4.3 ECM Technologies Induction Furnace (IF) Product and Services
    • 2.4.4 ECM Technologies Induction Furnace (IF) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.4.5 ECM Technologies Recent Developments/Updates
  • 2.5 Electrotherm
    • 2.5.1 Electrotherm Details
    • 2.5.2 Electrotherm Major Business
    • 2.5.3 Electrotherm Induction Furnace (IF) Product and Services
    • 2.5.4 Electrotherm Induction Furnace (IF) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.5.5 Electrotherm Recent Developments/Updates
  • 2.6 EFD Induction
    • 2.6.1 EFD Induction Details
    • 2.6.2 EFD Induction Major Business
    • 2.6.3 EFD Induction Induction Furnace (IF) Product and Services
    • 2.6.4 EFD Induction Induction Furnace (IF) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.6.5 EFD Induction Recent Developments/Updates
  • 2.7 SMS
    • 2.7.1 SMS Details
    • 2.7.2 SMS Major Business
    • 2.7.3 SMS Induction Furnace (IF) Product and Services
    • 2.7.4 SMS Induction Furnace (IF) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.7.5 SMS Recent Developments/Updates
  • 2.8 Ajax Tocco
    • 2.8.1 Ajax Tocco Details
    • 2.8.2 Ajax Tocco Major Business
    • 2.8.3 Ajax Tocco Induction Furnace (IF) Product and Services
    • 2.8.4 Ajax Tocco Induction Furnace (IF) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.8.5 Ajax Tocco Recent Developments/Updates
  • 2.9 Indotherm
    • 2.9.1 Indotherm Details
    • 2.9.2 Indotherm Major Business
    • 2.9.3 Indotherm Induction Furnace (IF) Product and Services
    • 2.9.4 Indotherm Induction Furnace (IF) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.9.5 Indotherm Recent Developments/Updates
  • 2.10 Megatherm
    • 2.10.1 Megatherm Details
    • 2.10.2 Megatherm Major Business
    • 2.10.3 Megatherm Induction Furnace (IF) Product and Services
    • 2.10.4 Megatherm Induction Furnace (IF) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.10.5 Megatherm Recent Developments/Updates
  • 2.11 Ningbo Haishun Electronic Co., Ltd
    • 2.11.1 Ningbo Haishun Electronic Co., Ltd Details
    • 2.11.2 Ningbo Haishun Electronic Co., Ltd Major Business
    • 2.11.3 Ningbo Haishun Electronic Co., Ltd Induction Furnace (IF) Product and Services
    • 2.11.4 Ningbo Haishun Electronic Co., Ltd Induction Furnace (IF) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.11.5 Ningbo Haishun Electronic Co., Ltd Recent Developments/Updates
  • 2.12 Ningbo Shenguang Electric Furnace Co., Ltd
    • 2.12.1 Ningbo Shenguang Electric Furnace Co., Ltd Details
    • 2.12.2 Ningbo Shenguang Electric Furnace Co., Ltd Major Business
    • 2.12.3 Ningbo Shenguang Electric Furnace Co., Ltd Induction Furnace (IF) Product and Services
    • 2.12.4 Ningbo Shenguang Electric Furnace Co., Ltd Induction Furnace (IF) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.12.5 Ningbo Shenguang Electric Furnace Co., Ltd Recent Developments/Updates
  • 2.13 Retech Systems LLC
    • 2.13.1 Retech Systems LLC Details
    • 2.13.2 Retech Systems LLC Major Business
    • 2.13.3 Retech Systems LLC Induction Furnace (IF) Product and Services
    • 2.13.4 Retech Systems LLC Induction Furnace (IF) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.13.5 Retech Systems LLC Recent Developments/Updates
  • 2.14 Hebei YUANTUO
    • 2.14.1 Hebei YUANTUO Details
    • 2.14.2 Hebei YUANTUO Major Business
    • 2.14.3 Hebei YUANTUO Induction Furnace (IF) Product and Services
    • 2.14.4 Hebei YUANTUO Induction Furnace (IF) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.14.5 Hebei YUANTUO Recent Developments/Updates
  • 2.15 Dai-ichi Kiden Co.,Ltd
    • 2.15.1 Dai-ichi Kiden Co.,Ltd Details
    • 2.15.2 Dai-ichi Kiden Co.,Ltd Major Business
    • 2.15.3 Dai-ichi Kiden Co.,Ltd Induction Furnace (IF) Product and Services
    • 2.15.4 Dai-ichi Kiden Co.,Ltd Induction Furnace (IF) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.15.5 Dai-ichi Kiden Co.,Ltd Recent Developments/Updates
  • 2.16 Jinlai Electromechanical
    • 2.16.1 Jinlai Electromechanical Details
    • 2.16.2 Jinlai Electromechanical Major Business
    • 2.16.3 Jinlai Electromechanical Induction Furnace (IF) Product and Services
    • 2.16.4 Jinlai Electromechanical Induction Furnace (IF) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.16.5 Jinlai Electromechanical Recent Developments/Updates
  • 2.17 Agni Electrical
    • 2.17.1 Agni Electrical Details
    • 2.17.2 Agni Electrical Major Business
    • 2.17.3 Agni Electrical Induction Furnace (IF) Product and Services
    • 2.17.4 Agni Electrical Induction Furnace (IF) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.17.5 Agni Electrical Recent Developments/Updates
  • 2.18 Shenzhen Shuangping
    • 2.18.1 Shenzhen Shuangping Details
    • 2.18.2 Shenzhen Shuangping Major Business
    • 2.18.3 Shenzhen Shuangping Induction Furnace (IF) Product and Services
    • 2.18.4 Shenzhen Shuangping Induction Furnace (IF) Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
    • 2.18.5 Shenzhen Shuangping Recent Developments/Updates

3 Competitive Environment: Induction Furnace (IF) by Manufacturer

  • 3.1 Global Induction Furnace (IF) Sales Quantity by Manufacturer (2019-2024)
  • 3.2 Global Induction Furnace (IF) Revenue by Manufacturer (2019-2024)
  • 3.3 Global Induction Furnace (IF) Average Price by Manufacturer (2019-2024)
  • 3.4 Market Share Analysis (2023)
    • 3.4.1 Producer Shipments of Induction Furnace (IF) by Manufacturer Revenue ($MM) and Market Share (%): 2023
    • 3.4.2 Top 3 Induction Furnace (IF) Manufacturer Market Share in 2023
    • 3.4.3 Top 6 Induction Furnace (IF) Manufacturer Market Share in 2023
  • 3.5 Induction Furnace (IF) Market: Overall Company Footprint Analysis
    • 3.5.1 Induction Furnace (IF) Market: Region Footprint
    • 3.5.2 Induction Furnace (IF) Market: Company Product Type Footprint
    • 3.5.3 Induction Furnace (IF) Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Induction Furnace (IF) Market Size by Region
    • 4.1.1 Global Induction Furnace (IF) Sales Quantity by Region (2019-2030)
    • 4.1.2 Global Induction Furnace (IF) Consumption Value by Region (2019-2030)
    • 4.1.3 Global Induction Furnace (IF) Average Price by Region (2019-2030)
  • 4.2 North America Induction Furnace (IF) Consumption Value (2019-2030)
  • 4.3 Europe Induction Furnace (IF) Consumption Value (2019-2030)
  • 4.4 Asia-Pacific Induction Furnace (IF) Consumption Value (2019-2030)
  • 4.5 South America Induction Furnace (IF) Consumption Value (2019-2030)
  • 4.6 Middle East & Africa Induction Furnace (IF) Consumption Value (2019-2030)

5 Market Segment by Type

  • 5.1 Global Induction Furnace (IF) Sales Quantity by Type (2019-2030)
  • 5.2 Global Induction Furnace (IF) Consumption Value by Type (2019-2030)
  • 5.3 Global Induction Furnace (IF) Average Price by Type (2019-2030)

6 Market Segment by Application

  • 6.1 Global Induction Furnace (IF) Sales Quantity by Application (2019-2030)
  • 6.2 Global Induction Furnace (IF) Consumption Value by Application (2019-2030)
  • 6.3 Global Induction Furnace (IF) Average Price by Application (2019-2030)

7 North America

  • 7.1 North America Induction Furnace (IF) Sales Quantity by Type (2019-2030)
  • 7.2 North America Induction Furnace (IF) Sales Quantity by Application (2019-2030)
  • 7.3 North America Induction Furnace (IF) Market Size by Country
    • 7.3.1 North America Induction Furnace (IF) Sales Quantity by Country (2019-2030)
    • 7.3.2 North America Induction Furnace (IF) Consumption Value by Country (2019-2030)
    • 7.3.3 United States Market Size and Forecast (2019-2030)
    • 7.3.4 Canada Market Size and Forecast (2019-2030)
    • 7.3.5 Mexico Market Size and Forecast (2019-2030)

8 Europe

  • 8.1 Europe Induction Furnace (IF) Sales Quantity by Type (2019-2030)
  • 8.2 Europe Induction Furnace (IF) Sales Quantity by Application (2019-2030)
  • 8.3 Europe Induction Furnace (IF) Market Size by Country
    • 8.3.1 Europe Induction Furnace (IF) Sales Quantity by Country (2019-2030)
    • 8.3.2 Europe Induction Furnace (IF) Consumption Value by Country (2019-2030)
    • 8.3.3 Germany Market Size and Forecast (2019-2030)
    • 8.3.4 France Market Size and Forecast (2019-2030)
    • 8.3.5 United Kingdom Market Size and Forecast (2019-2030)
    • 8.3.6 Russia Market Size and Forecast (2019-2030)
    • 8.3.7 Italy Market Size and Forecast (2019-2030)

9 Asia-Pacific

  • 9.1 Asia-Pacific Induction Furnace (IF) Sales Quantity by Type (2019-2030)
  • 9.2 Asia-Pacific Induction Furnace (IF) Sales Quantity by Application (2019-2030)
  • 9.3 Asia-Pacific Induction Furnace (IF) Market Size by Region
    • 9.3.1 Asia-Pacific Induction Furnace (IF) Sales Quantity by Region (2019-2030)
    • 9.3.2 Asia-Pacific Induction Furnace (IF) Consumption Value by Region (2019-2030)
    • 9.3.3 China Market Size and Forecast (2019-2030)
    • 9.3.4 Japan Market Size and Forecast (2019-2030)
    • 9.3.5 South Korea Market Size and Forecast (2019-2030)
    • 9.3.6 India Market Size and Forecast (2019-2030)
    • 9.3.7 Southeast Asia Market Size and Forecast (2019-2030)
    • 9.3.8 Australia Market Size and Forecast (2019-2030)

10 South America

  • 10.1 South America Induction Furnace (IF) Sales Quantity by Type (2019-2030)
  • 10.2 South America Induction Furnace (IF) Sales Quantity by Application (2019-2030)
  • 10.3 South America Induction Furnace (IF) Market Size by Country
    • 10.3.1 South America Induction Furnace (IF) Sales Quantity by Country (2019-2030)
    • 10.3.2 South America Induction Furnace (IF) Consumption Value by Country (2019-2030)
    • 10.3.3 Brazil Market Size and Forecast (2019-2030)
    • 10.3.4 Argentina Market Size and Forecast (2019-2030)

11 Middle East & Africa

  • 11.1 Middle East & Africa Induction Furnace (IF) Sales Quantity by Type (2019-2030)
  • 11.2 Middle East & Africa Induction Furnace (IF) Sales Quantity by Application (2019-2030)
  • 11.3 Middle East & Africa Induction Furnace (IF) Market Size by Country
    • 11.3.1 Middle East & Africa Induction Furnace (IF) Sales Quantity by Country (2019-2030)
    • 11.3.2 Middle East & Africa Induction Furnace (IF) Consumption Value by Country (2019-2030)
    • 11.3.3 Turkey Market Size and Forecast (2019-2030)
    • 11.3.4 Egypt Market Size and Forecast (2019-2030)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2019-2030)
    • 11.3.6 South Africa Market Size and Forecast (2019-2030)

12 Market Dynamics

  • 12.1 Induction Furnace (IF) Market Drivers
  • 12.2 Induction Furnace (IF) Market Restraints
  • 12.3 Induction Furnace (IF) Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Induction Furnace (IF) and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Induction Furnace (IF)
  • 13.3 Induction Furnace (IF) Production Process
  • 13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Induction Furnace (IF) Typical Distributors
  • 14.3 Induction Furnace (IF) Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on Induction Furnace (IF). Industry analysis & Market Report on Induction Furnace (IF) is a syndicated market report, published as Global Induction Furnace (IF) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030. It is complete Research Study and Industry Analysis of Induction Furnace (IF) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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