Global Electric Arc Furnaces Market Analysis and Forecast 2024-2030

Global Electric Arc Furnaces Market Analysis and Forecast 2024-2030


Summary

An electric arc furnace is a high-temperature furnace that uses high-voltage electric arcs to make steel. Electric arc furnaces are a feature of the minimills that recycle iron and steel scrap into new steel products. Arc furnaces range in size from small units of approximately one ton capacity (used in foundries for producing cast iron products) up to about 400 ton units used for secondary steelmaking.
The Electric Arc Furnaces market covers AC-EAF, DC-EAF, etc. The typical players include Danieli, SMS, Electrotherm, TENOVA, etc.

According to APO Research, The global Electric Arc Furnaces market is projected to grow from US$ million in 2024 to US$ million by 2030, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.

The US & Canada market for Electric Arc Furnaces is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Asia-Pacific market for Electric Arc Furnaces is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

The China market for Electric Arc Furnaces is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Europe market for Electric Arc Furnaces is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

The major global manufacturers of Electric Arc Furnaces include Danieli, SMS, Electrotherm, TENOVA, Primetals Technologies, Steel Plantech, IHI, Doshi and TYMEC, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

In terms of production side, this report researches the Electric Arc Furnaces production, growth rate, market share by manufacturers and by region (region level and country level), from 2019 to 2024, and forecast to 2030.

In terms of consumption side, this report focuses on the sales of Electric Arc Furnaces by region (region level and country level), by Company, by Type and by Application. from 2019 to 2024 and forecast to 2030.

This report presents an overview of global market for Electric Arc Furnaces, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

This report researches the key producers of Electric Arc Furnaces, also provides the consumption of main regions and countries. Of the upcoming market potential for Electric Arc Furnaces, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Electric Arc Furnaces sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the global Electric Arc Furnaces market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Electric Arc Furnaces sales, projected growth trends, production technology, application and end-user industry.

Electric Arc Furnaces segment by Company

Danieli
SMS
Electrotherm
TENOVA
Primetals Technologies
Steel Plantech
IHI
Doshi
TYMEC
DongXong
Sermak Metal
XiYe Technology Group
Electric Arc Furnaces segment by Type

AC-EAF
DC-EAF
Electric Arc Furnaces segment by Application

Metal Smelting
Ore Smelting
Others
Electric Arc Furnaces segment by Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Study Objectives

1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Electric Arc Furnaces market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Electric Arc Furnaces and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Electric Arc Furnaces.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by type and by application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: 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 3: Electric Arc Furnaces production/output of global and key producers (regions/countries). It provides a quantitative analysis of the production, and development potential of each producer in the next six years.
Chapter 4: Sales (consumption), revenue of Electric Arc Furnaces in global, 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 5: Detailed analysis of Electric Arc Furnaces manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 6: Provides the analysis of various market segments by type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 7: Provides the analysis of various market segments by application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 8: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Electric Arc Furnaces sales, revenue, price, gross margin, and recent development, etc.
Chapter 9: North America (US & Canada) by type, by application and by country, sales, and revenue for each segment.
Chapter 10: Europe by type, by application and by country, sales, and revenue for each segment.
Chapter 11: China by type, by application, sales, and revenue for each segment.
Chapter 12: Asia (Excluding China) by type, by application and by region, sales, and revenue for each segment.
Chapter 13: Middle East, Africa, Latin America by type, by application and by country, sales, and revenue for each segment.
Chapter 14: Analysis of industrial chain, sales channel, key raw materials, distributors and customers.
Chapter 15: The main concluding insights of the report.


1 Market Overview
1.1 Product Definition
1.2 Electric Arc Furnaces Market by Type
1.2.1 Global Electric Arc Furnaces Market Size by Type, 2019 VS 2023 VS 2030
1.2.2 AC-EAF
1.2.3 DC-EAF
1.3 Electric Arc Furnaces Market by Application
1.3.1 Global Electric Arc Furnaces Market Size by Application, 2019 VS 2023 VS 2030
1.3.2 Metal Smelting
1.3.3 Ore Smelting
1.3.4 Others
1.4 Assumptions and Limitations
1.5 Study Goals and Objectives
2 Electric Arc Furnaces Market Dynamics
2.1 Electric Arc Furnaces Industry Trends
2.2 Electric Arc Furnaces Industry Drivers
2.3 Electric Arc Furnaces Industry Opportunities and Challenges
2.4 Electric Arc Furnaces Industry Restraints
3 Global Electric Arc Furnaces Production Overview
3.1 Global Electric Arc Furnaces Production Capacity (2019-2030)
3.2 Global Electric Arc Furnaces Production by Region: 2019 VS 2023 VS 2030
3.3 Global Electric Arc Furnaces Production by Region
3.3.1 Global Electric Arc Furnaces Production by Region (2019-2024)
3.3.2 Global Electric Arc Furnaces Production by Region (2025-2030)
3.3.3 Global Electric Arc Furnaces Production Market Share by Region (2019-2030)
3.4 North America
3.5 Europe
3.6 Middle East & Africa
3.7 Japan
3.8 China
3.9 India
4 Global Market Growth Prospects
4.1 Global Electric Arc Furnaces Revenue Estimates and Forecasts (2019-2030)
4.2 Global Electric Arc Furnaces Revenue by Region
4.2.1 Global Electric Arc Furnaces Revenue by Region: 2019 VS 2023 VS 2030
4.2.2 Global Electric Arc Furnaces Revenue by Region (2019-2024)
4.2.3 Global Electric Arc Furnaces Revenue by Region (2025-2030)
4.2.4 Global Electric Arc Furnaces Revenue Market Share by Region (2019-2030)
4.3 Global Electric Arc Furnaces Sales Estimates and Forecasts 2019-2030
4.4 Global Electric Arc Furnaces Sales by Region
4.4.1 Global Electric Arc Furnaces Sales by Region: 2019 VS 2023 VS 2030
4.4.2 Global Electric Arc Furnaces Sales by Region (2019-2024)
4.4.3 Global Electric Arc Furnaces Sales by Region (2025-2030)
4.4.4 Global Electric Arc Furnaces Sales Market Share by Region (2019-2030)
4.5 US & Canada
4.6 Europe
4.7 China
4.8 Asia (Excluding China)
4.9 Middle East, Africa and Latin America
5 Market Competitive Landscape by Manufacturers
5.1 Global Electric Arc Furnaces Revenue by Manufacturers
5.1.1 Global Electric Arc Furnaces Revenue by Manufacturers (2019-2024)
5.1.2 Global Electric Arc Furnaces Revenue Market Share by Manufacturers (2019-2024)
5.1.3 Global Electric Arc Furnaces Manufacturers Revenue Share Top 10 and Top 5 in 2023
5.2 Global Electric Arc Furnaces Sales by Manufacturers
5.2.1 Global Electric Arc Furnaces Sales by Manufacturers (2019-2024)
5.2.2 Global Electric Arc Furnaces Sales Market Share by Manufacturers (2019-2024)
5.2.3 Global Electric Arc Furnaces Manufacturers Sales Share Top 10 and Top 5 in 2023
5.3 Global Electric Arc Furnaces Sales Price by Manufacturers (2019-2024)
5.4 Global Electric Arc Furnaces Key Manufacturers Ranking, 2022 VS 2023 VS 2024
5.5 Global Electric Arc Furnaces Key Manufacturers Manufacturing Sites & Headquarters
5.6 Global Electric Arc Furnaces Manufacturers, Product Type & Application
5.7 Global Electric Arc Furnaces Manufacturers Commercialization Time
5.8 Market Competitive Analysis
5.8.1 Global Electric Arc Furnaces Market CR5 and HHI
5.8.2 2023 Electric Arc Furnaces Tier 1, Tier 2, and Tier 3
6 Electric Arc Furnaces Market by Type
6.1 Global Electric Arc Furnaces Revenue by Type
6.1.1 Global Electric Arc Furnaces Revenue by Type (2019 VS 2023 VS 2030)
6.1.2 Global Electric Arc Furnaces Revenue by Type (2019-2030) & (US$ Million)
6.1.3 Global Electric Arc Furnaces Revenue Market Share by Type (2019-2030)
6.2 Global Electric Arc Furnaces Sales by Type
6.2.1 Global Electric Arc Furnaces Sales by Type (2019 VS 2023 VS 2030)
6.2.2 Global Electric Arc Furnaces Sales by Type (2019-2030) & (Units)
6.2.3 Global Electric Arc Furnaces Sales Market Share by Type (2019-2030)
6.3 Global Electric Arc Furnaces Price by Type
7 Electric Arc Furnaces Market by Application
7.1 Global Electric Arc Furnaces Revenue by Application
7.1.1 Global Electric Arc Furnaces Revenue by Application (2019 VS 2023 VS 2030)
7.1.2 Global Electric Arc Furnaces Revenue by Application (2019-2030) & (US$ Million)
7.1.3 Global Electric Arc Furnaces Revenue Market Share by Application (2019-2030)
7.2 Global Electric Arc Furnaces Sales by Application
7.2.1 Global Electric Arc Furnaces Sales by Application (2019 VS 2023 VS 2030)
7.2.2 Global Electric Arc Furnaces Sales by Application (2019-2030) & (Units)
7.2.3 Global Electric Arc Furnaces Sales Market Share by Application (2019-2030)
7.3 Global Electric Arc Furnaces Price by Application
8 Company Profiles
8.1 Danieli
8.1.1 Danieli Comapny Information
8.1.2 Danieli Business Overview
8.1.3 Danieli Electric Arc Furnaces Sales, Revenue, Price and Gross Margin (2019-2024)
8.1.4 Danieli Electric Arc Furnaces Product Portfolio
8.1.5 Danieli Recent Developments
8.2 SMS
8.2.1 SMS Comapny Information
8.2.2 SMS Business Overview
8.2.3 SMS Electric Arc Furnaces Sales, Revenue, Price and Gross Margin (2019-2024)
8.2.4 SMS Electric Arc Furnaces Product Portfolio
8.2.5 SMS Recent Developments
8.3 Electrotherm
8.3.1 Electrotherm Comapny Information
8.3.2 Electrotherm Business Overview
8.3.3 Electrotherm Electric Arc Furnaces Sales, Revenue, Price and Gross Margin (2019-2024)
8.3.4 Electrotherm Electric Arc Furnaces Product Portfolio
8.3.5 Electrotherm Recent Developments
8.4 TENOVA
8.4.1 TENOVA Comapny Information
8.4.2 TENOVA Business Overview
8.4.3 TENOVA Electric Arc Furnaces Sales, Revenue, Price and Gross Margin (2019-2024)
8.4.4 TENOVA Electric Arc Furnaces Product Portfolio
8.4.5 TENOVA Recent Developments
8.5 Primetals Technologies
8.5.1 Primetals Technologies Comapny Information
8.5.2 Primetals Technologies Business Overview
8.5.3 Primetals Technologies Electric Arc Furnaces Sales, Revenue, Price and Gross Margin (2019-2024)
8.5.4 Primetals Technologies Electric Arc Furnaces Product Portfolio
8.5.5 Primetals Technologies Recent Developments
8.6 Steel Plantech
8.6.1 Steel Plantech Comapny Information
8.6.2 Steel Plantech Business Overview
8.6.3 Steel Plantech Electric Arc Furnaces Sales, Revenue, Price and Gross Margin (2019-2024)
8.6.4 Steel Plantech Electric Arc Furnaces Product Portfolio
8.6.5 Steel Plantech Recent Developments
8.7 IHI
8.7.1 IHI Comapny Information
8.7.2 IHI Business Overview
8.7.3 IHI Electric Arc Furnaces Sales, Revenue, Price and Gross Margin (2019-2024)
8.7.4 IHI Electric Arc Furnaces Product Portfolio
8.7.5 IHI Recent Developments
8.8 Doshi
8.8.1 Doshi Comapny Information
8.8.2 Doshi Business Overview
8.8.3 Doshi Electric Arc Furnaces Sales, Revenue, Price and Gross Margin (2019-2024)
8.8.4 Doshi Electric Arc Furnaces Product Portfolio
8.8.5 Doshi Recent Developments
8.9 TYMEC
8.9.1 TYMEC Comapny Information
8.9.2 TYMEC Business Overview
8.9.3 TYMEC Electric Arc Furnaces Sales, Revenue, Price and Gross Margin (2019-2024)
8.9.4 TYMEC Electric Arc Furnaces Product Portfolio
8.9.5 TYMEC Recent Developments
8.10 DongXong
8.10.1 DongXong Comapny Information
8.10.2 DongXong Business Overview
8.10.3 DongXong Electric Arc Furnaces Sales, Revenue, Price and Gross Margin (2019-2024)
8.10.4 DongXong Electric Arc Furnaces Product Portfolio
8.10.5 DongXong Recent Developments
8.11 Sermak Metal
8.11.1 Sermak Metal Comapny Information
8.11.2 Sermak Metal Business Overview
8.11.3 Sermak Metal Electric Arc Furnaces Sales, Revenue, Price and Gross Margin (2019-2024)
8.11.4 Sermak Metal Electric Arc Furnaces Product Portfolio
8.11.5 Sermak Metal Recent Developments
8.12 XiYe Technology Group
8.12.1 XiYe Technology Group Comapny Information
8.12.2 XiYe Technology Group Business Overview
8.12.3 XiYe Technology Group Electric Arc Furnaces Sales, Revenue, Price and Gross Margin (2019-2024)
8.12.4 XiYe Technology Group Electric Arc Furnaces Product Portfolio
8.12.5 XiYe Technology Group Recent Developments
9 North America
9.1 North America Electric Arc Furnaces Market Size by Type
9.1.1 North America Electric Arc Furnaces Revenue by Type (2019-2030)
9.1.2 North America Electric Arc Furnaces Sales by Type (2019-2030)
9.1.3 North America Electric Arc Furnaces Price by Type (2019-2030)
9.2 North America Electric Arc Furnaces Market Size by Application
9.2.1 North America Electric Arc Furnaces Revenue by Application (2019-2030)
9.2.2 North America Electric Arc Furnaces Sales by Application (2019-2030)
9.2.3 North America Electric Arc Furnaces Price by Application (2019-2030)
9.3 North America Electric Arc Furnaces Market Size by Country
9.3.1 North America Electric Arc Furnaces Revenue Grow Rate by Country (2019 VS 2023 VS 2030)
9.3.2 North America Electric Arc Furnaces Sales by Country (2019 VS 2023 VS 2030)
9.3.3 North America Electric Arc Furnaces Price by Country (2019-2030)
9.3.4 U.S.
9.3.5 Canada
10 Europe
10.1 Europe Electric Arc Furnaces Market Size by Type
10.1.1 Europe Electric Arc Furnaces Revenue by Type (2019-2030)
10.1.2 Europe Electric Arc Furnaces Sales by Type (2019-2030)
10.1.3 Europe Electric Arc Furnaces Price by Type (2019-2030)
10.2 Europe Electric Arc Furnaces Market Size by Application
10.2.1 Europe Electric Arc Furnaces Revenue by Application (2019-2030)
10.2.2 Europe Electric Arc Furnaces Sales by Application (2019-2030)
10.2.3 Europe Electric Arc Furnaces Price by Application (2019-2030)
10.3 Europe Electric Arc Furnaces Market Size by Country
10.3.1 Europe Electric Arc Furnaces Revenue Grow Rate by Country (2019 VS 2023 VS 2030)
10.3.2 Europe Electric Arc Furnaces Sales by Country (2019 VS 2023 VS 2030)
10.3.3 Europe Electric Arc Furnaces Price by Country (2019-2030)
10.3.4 Germany
10.3.5 France
10.3.6 U.K.
10.3.7 Italy
10.3.8 Russia
11 China
11.1 China Electric Arc Furnaces Market Size by Type
11.1.1 China Electric Arc Furnaces Revenue by Type (2019-2030)
11.1.2 China Electric Arc Furnaces Sales by Type (2019-2030)
11.1.3 China Electric Arc Furnaces Price by Type (2019-2030)
11.2 China Electric Arc Furnaces Market Size by Application
11.2.1 China Electric Arc Furnaces Revenue by Application (2019-2030)
11.2.2 China Electric Arc Furnaces Sales by Application (2019-2030)
11.2.3 China Electric Arc Furnaces Price by Application (2019-2030)
12 Asia (Excluding China)
12.1 Asia Electric Arc Furnaces Market Size by Type
12.1.1 Asia Electric Arc Furnaces Revenue by Type (2019-2030)
12.1.2 Asia Electric Arc Furnaces Sales by Type (2019-2030)
12.1.3 Asia Electric Arc Furnaces Price by Type (2019-2030)
12.2 Asia Electric Arc Furnaces Market Size by Application
12.2.1 Asia Electric Arc Furnaces Revenue by Application (2019-2030)
12.2.2 Asia Electric Arc Furnaces Sales by Application (2019-2030)
12.2.3 Asia Electric Arc Furnaces Price by Application (2019-2030)
12.3 Asia Electric Arc Furnaces Market Size by Country
12.3.1 Asia Electric Arc Furnaces Revenue Grow Rate by Country (2019 VS 2023 VS 2030)
12.3.2 Asia Electric Arc Furnaces Sales by Country (2019 VS 2023 VS 2030)
12.3.3 Asia Electric Arc Furnaces Price by Country (2019-2030)
12.3.4 Japan
12.3.5 South Korea
12.3.6 India
12.3.7 Australia
12.3.8 China Taiwan
12.3.9 Southeast Asia
13 Middle East, Africa and Latin America
13.1 Middle East, Africa and Latin America Electric Arc Furnaces Market Size by Type
13.1.1 Middle East, Africa and Latin America Electric Arc Furnaces Revenue by Type (2019-2030)
13.1.2 Middle East, Africa and Latin America Electric Arc Furnaces Sales by Type (2019-2030)
13.1.3 Middle East, Africa and Latin America Electric Arc Furnaces Price by Type (2019-2030)
13.2 Middle East, Africa and Latin America Electric Arc Furnaces Market Size by Application
13.2.1 Middle East, Africa and Latin America Electric Arc Furnaces Revenue by Application (2019-2030)
13.2.2 Middle East, Africa and Latin America Electric Arc Furnaces Sales by Application (2019-2030)
13.2.3 Middle East, Africa and Latin America Electric Arc Furnaces Price by Application (2019-2030)
13.3 Middle East, Africa and Latin America Electric Arc Furnaces Market Size by Country
13.3.1 Middle East, Africa and Latin America Electric Arc Furnaces Revenue Grow Rate by Country (2019 VS 2023 VS 2030)
13.3.2 Middle East, Africa and Latin America Electric Arc Furnaces Sales by Country (2019 VS 2023 VS 2030)
13.3.3 Middle East, Africa and Latin America Electric Arc Furnaces Price by Country (2019-2030)
13.3.4 Mexico
13.3.5 Brazil
13.3.6 Israel
13.3.7 Argentina
13.3.8 Colombia
13.3.9 Turkey
13.3.10 Saudi Arabia
13.3.11 UAE
14 Value Chain and Sales Channels Analysis
14.1 Electric Arc Furnaces Value Chain Analysis
14.1.1 Electric Arc Furnaces Key Raw Materials
14.1.2 Raw Materials Key Suppliers
14.1.3 Manufacturing Cost Structure
14.1.4 Electric Arc Furnaces Production Mode & Process
14.2 Electric Arc Furnaces Sales Channels Analysis
14.2.1 Direct Comparison with Distribution Share
14.2.2 Electric Arc Furnaces Distributors
14.2.3 Electric Arc Furnaces Customers
15 Concluding Insights
16 Appendix
16.1 Reasons for Doing This Study
16.2 Research Methodology
16.3 Research Process
16.4 Authors List of This Report
16.5 Data Source
16.5.1 Secondary Sources
16.5.2 Primary Sources
16.6 Disclaimer

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook
Cookie Settings