Global Electric Arc Furnaces Market Size, Manufacturers, Growth Analysis Industry Forecast to 2030

Global Electric Arc Furnaces Market Size, Manufacturers, Growth Analysis Industry Forecast to 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.

North American 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.

This report presents an overview of global market for Electric Arc Furnaces, sales, 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 sales 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 Electric Arc Furnaces status and future forecast, involving, sales, revenue, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, sales, 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 Electric Arc Furnaces market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify Electric Arc Furnaces significant trends, drivers, influence factors in global and regions.
6. To analyze Electric Arc Furnaces 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 sales 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: Provides an overview of the Electric Arc Furnaces market, including product definition, global market growth prospects, sales value, sales volume, and average price forecasts (2019-2030).
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Electric Arc Furnaces industry.
Chapter 3: Detailed analysis of Electric 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 and value of Electric Arc Furnaces in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Sales and value of Electric Arc Furnaces in country level. It provides sigmate data by type, and by application for each country/region.
Chapter 8: 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 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Concluding Insights.


1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global Electric Arc Furnaces Sales Value (2019-2030)
1.2.2 Global Electric Arc Furnaces Sales Volume (2019-2030)
1.2.3 Global Electric Arc Furnaces Sales Average Price (2019-2030)
1.3 Assumptions and Limitations
1.4 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 Electric Arc Furnaces Market by Company
3.1 Global Electric Arc Furnaces Company Revenue Ranking in 2023
3.2 Global Electric Arc Furnaces Revenue by Company (2019-2024)
3.3 Global Electric Arc Furnaces Sales Volume by Company (2019-2024)
3.4 Global Electric Arc Furnaces Average Price by Company (2019-2024)
3.5 Global Electric Arc Furnaces Company Ranking, 2022 VS 2023 VS 2024
3.6 Global Electric Arc Furnaces Company Manufacturing Base & Headquarters
3.7 Global Electric Arc Furnaces Company, Product Type & Application
3.8 Global Electric Arc Furnaces Company Commercialization Time
3.9 Market Competitive Analysis
3.9.1 Global Electric Arc Furnaces Market CR5 and HHI
3.9.2 Global Top 5 and 10 Company Market Share by Revenue in 2023
3.9.3 2023 Electric Arc Furnaces Tier 1, Tier 2, and Tier
3.10 Mergers & Acquisitions, Expansion
4 Electric Arc Furnaces Market by Type
4.1 Electric Arc Furnaces Type Introduction
4.1.1 AC-EAF
4.1.2 DC-EAF
4.2 Global Electric Arc Furnaces Sales Volume by Type
4.2.1 Global Electric Arc Furnaces Sales Volume by Type (2019 VS 2023 VS 2030)
4.2.2 Global Electric Arc Furnaces Sales Volume by Type (2019-2030)
4.2.3 Global Electric Arc Furnaces Sales Volume Share by Type (2019-2030)
4.3 Global Electric Arc Furnaces Sales Value by Type
4.3.1 Global Electric Arc Furnaces Sales Value by Type (2019 VS 2023 VS 2030)
4.3.2 Global Electric Arc Furnaces Sales Value by Type (2019-2030)
4.3.3 Global Electric Arc Furnaces Sales Value Share by Type (2019-2030)
5 Electric Arc Furnaces Market by Application
5.1 Electric Arc Furnaces Application Introduction
5.1.1 Metal Smelting
5.1.2 Ore Smelting
5.1.3 Others
5.2 Global Electric Arc Furnaces Sales Volume by Application
5.2.1 Global Electric Arc Furnaces Sales Volume by Application (2019 VS 2023 VS 2030)
5.2.2 Global Electric Arc Furnaces Sales Volume by Application (2019-2030)
5.2.3 Global Electric Arc Furnaces Sales Volume Share by Application (2019-2030)
5.3 Global Electric Arc Furnaces Sales Value by Application
5.3.1 Global Electric Arc Furnaces Sales Value by Application (2019 VS 2023 VS 2030)
5.3.2 Global Electric Arc Furnaces Sales Value by Application (2019-2030)
5.3.3 Global Electric Arc Furnaces Sales Value Share by Application (2019-2030)
6 Electric Arc Furnaces Market by Region
6.1 Global Electric Arc Furnaces Sales by Region: 2019 VS 2023 VS 2030
6.2 Global Electric Arc Furnaces Sales by Region (2019-2030)
6.2.1 Global Electric Arc Furnaces Sales by Region: 2019-2024
6.2.2 Global Electric Arc Furnaces Sales by Region (2025-2030)
6.3 Global Electric Arc Furnaces Sales Value by Region: 2019 VS 2023 VS 2030
6.4 Global Electric Arc Furnaces Sales Value by Region (2019-2030)
6.4.1 Global Electric Arc Furnaces Sales Value by Region: 2019-2024
6.4.2 Global Electric Arc Furnaces Sales Value by Region (2025-2030)
6.5 Global Electric Arc Furnaces Market Price Analysis by Region (2019-2024)
6.6 North America
6.6.1 North America Electric Arc Furnaces Sales Value (2019-2030)
6.6.2 North America Electric Arc Furnaces Sales Value Share by Country, 2023 VS 2030
6.7 Europe
6.7.1 Europe Electric Arc Furnaces Sales Value (2019-2030)
6.7.2 Europe Electric Arc Furnaces Sales Value Share by Country, 2023 VS 2030
6.8 Asia-Pacific
6.8.1 Asia-Pacific Electric Arc Furnaces Sales Value (2019-2030)
6.8.2 Asia-Pacific Electric Arc Furnaces Sales Value Share by Country, 2023 VS 2030
6.9 Latin America
6.9.1 Latin America Electric Arc Furnaces Sales Value (2019-2030)
6.9.2 Latin America Electric Arc Furnaces Sales Value Share by Country, 2023 VS 2030
6.10 Middle East & Africa
6.10.1 Middle East & Africa Electric Arc Furnaces Sales Value (2019-2030)
6.10.2 Middle East & Africa Electric Arc Furnaces Sales Value Share by Country, 2023 VS 2030
7 Electric Arc Furnaces Market by Country
7.1 Global Electric Arc Furnaces Sales by Country: 2019 VS 2023 VS 2030
7.2 Global Electric Arc Furnaces Sales Value by Country: 2019 VS 2023 VS 2030
7.3 Global Electric Arc Furnaces Sales by Country (2019-2030)
7.3.1 Global Electric Arc Furnaces Sales by Country (2019-2024)
7.3.2 Global Electric Arc Furnaces Sales by Country (2025-2030)
7.4 Global Electric Arc Furnaces Sales Value by Country (2019-2030)
7.4.1 Global Electric Arc Furnaces Sales Value by Country (2019-2024)
7.4.2 Global Electric Arc Furnaces Sales Value by Country (2025-2030)
7.5 USA
7.5.1 Global Electric Arc Furnaces Sales Value Growth Rate (2019-2030)
7.5.2 Global Electric Arc Furnaces Sales Value Share by Type, 2023 VS 2030
7.5.3 Global Electric Arc Furnaces Sales Value Share by Application, 2023 VS 2030
7.6 Canada
7.6.1 Global Electric Arc Furnaces Sales Value Growth Rate (2019-2030)
7.6.2 Global Electric Arc Furnaces Sales Value Share by Type, 2023 VS 2030
7.6.3 Global Electric Arc Furnaces Sales Value Share by Application, 2023 VS 2030
7.7 Germany
7.7.1 Global Electric Arc Furnaces Sales Value Growth Rate (2019-2030)
7.7.2 Global Electric Arc Furnaces Sales Value Share by Type, 2023 VS 2030
7.7.3 Global Electric Arc Furnaces Sales Value Share by Application, 2023 VS 2030
7.8 France
7.8.1 Global Electric Arc Furnaces Sales Value Growth Rate (2019-2030)
7.8.2 Global Electric Arc Furnaces Sales Value Share by Type, 2023 VS 2030
7.8.3 Global Electric Arc Furnaces Sales Value Share by Application, 2023 VS 2030
7.9 U.K.
7.9.1 Global Electric Arc Furnaces Sales Value Growth Rate (2019-2030)
7.9.2 Global Electric Arc Furnaces Sales Value Share by Type, 2023 VS 2030
7.9.3 Global Electric Arc Furnaces Sales Value Share by Application, 2023 VS 2030
7.10 Italy
7.10.1 Global Electric Arc Furnaces Sales Value Growth Rate (2019-2030)
7.10.2 Global Electric Arc Furnaces Sales Value Share by Type, 2023 VS 2030
7.10.3 Global Electric Arc Furnaces Sales Value Share by Application, 2023 VS 2030
7.11 Netherlands
7.11.1 Global Electric Arc Furnaces Sales Value Growth Rate (2019-2030)
7.11.2 Global Electric Arc Furnaces Sales Value Share by Type, 2023 VS 2030
7.11.3 Global Electric Arc Furnaces Sales Value Share by Application, 2023 VS 2030
7.12 Nordic Countries
7.12.1 Global Electric Arc Furnaces Sales Value Growth Rate (2019-2030)
7.12.2 Global Electric Arc Furnaces Sales Value Share by Type, 2023 VS 2030
7.12.3 Global Electric Arc Furnaces Sales Value Share by Application, 2023 VS 2030
7.13 China
7.13.1 Global Electric Arc Furnaces Sales Value Growth Rate (2019-2030)
7.13.2 Global Electric Arc Furnaces Sales Value Share by Type, 2023 VS 2030
7.13.3 Global Electric Arc Furnaces Sales Value Share by Application, 2023 VS 2030
7.14 Japan
7.14.1 Global Electric Arc Furnaces Sales Value Growth Rate (2019-2030)
7.14.2 Global Electric Arc Furnaces Sales Value Share by Type, 2023 VS 2030
7.14.3 Global Electric Arc Furnaces Sales Value Share by Application, 2023 VS 2030
7.15 South Korea
7.15.1 Global Electric Arc Furnaces Sales Value Growth Rate (2019-2030)
7.15.2 Global Electric Arc Furnaces Sales Value Share by Type, 2023 VS 2030
7.15.3 Global Electric Arc Furnaces Sales Value Share by Application, 2023 VS 2030
7.16 Southeast Asia
7.16.1 Global Electric Arc Furnaces Sales Value Growth Rate (2019-2030)
7.16.2 Global Electric Arc Furnaces Sales Value Share by Type, 2023 VS 2030
7.16.3 Global Electric Arc Furnaces Sales Value Share by Application, 2023 VS 2030
7.17 India
7.17.1 Global Electric Arc Furnaces Sales Value Growth Rate (2019-2030)
7.17.2 Global Electric Arc Furnaces Sales Value Share by Type, 2023 VS 2030
7.17.3 Global Electric Arc Furnaces Sales Value Share by Application, 2023 VS 2030
7.18 Australia
7.18.1 Global Electric Arc Furnaces Sales Value Growth Rate (2019-2030)
7.18.2 Global Electric Arc Furnaces Sales Value Share by Type, 2023 VS 2030
7.18.3 Global Electric Arc Furnaces Sales Value Share by Application, 2023 VS 2030
7.19 Mexico
7.19.1 Global Electric Arc Furnaces Sales Value Growth Rate (2019-2030)
7.19.2 Global Electric Arc Furnaces Sales Value Share by Type, 2023 VS 2030
7.19.3 Global Electric Arc Furnaces Sales Value Share by Application, 2023 VS 2030
7.20 Brazil
7.20.1 Global Electric Arc Furnaces Sales Value Growth Rate (2019-2030)
7.20.2 Global Electric Arc Furnaces Sales Value Share by Type, 2023 VS 2030
7.20.3 Global Electric Arc Furnaces Sales Value Share by Application, 2023 VS 2030
7.21 Turkey
7.21.1 Global Electric Arc Furnaces Sales Value Growth Rate (2019-2030)
7.21.2 Global Electric Arc Furnaces Sales Value Share by Type, 2023 VS 2030
7.21.3 Global Electric Arc Furnaces Sales Value Share by Application, 2023 VS 2030
7.22 Saudi Arabia
7.22.1 Global Electric Arc Furnaces Sales Value Growth Rate (2019-2030)
7.22.2 Global Electric Arc Furnaces Sales Value Share by Type, 2023 VS 2030
7.22.3 Global Electric Arc Furnaces Sales Value Share by Application, 2023 VS 2030
7.23 UAE
7.23.1 Global Electric Arc Furnaces Sales Value Growth Rate (2019-2030)
7.23.2 Global Electric Arc Furnaces Sales Value Share by Type, 2023 VS 2030
7.23.3 Global Electric Arc Furnaces Sales Value Share by Application, 2023 VS 2030
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, Value 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, Value 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, Value 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, Value 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, Value 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, Value 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, Value 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, Value 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, Value 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, Value 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, Value 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, Value 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 Value Chain and Sales Channels Analysis
9.1 Electric Arc Furnaces Value Chain Analysis
9.1.1 Electric Arc Furnaces Key Raw Materials
9.1.2 Raw Materials Key Suppliers
9.1.3 Manufacturing Cost Structure
9.1.4 Electric Arc Furnaces Sales Mode & Process
9.2 Electric Arc Furnaces Sales Channels Analysis
9.2.1 Direct Comparison with Distribution Share
9.2.2 Electric Arc Furnaces Distributors
9.2.3 Electric Arc Furnaces Customers
10 Concluding Insights
11 Appendix
11.1 Reasons for Doing This Study
11.2 Research Methodology
11.3 Research Process
11.4 Authors List of This Report
11.5 Data Source
11.5.1 Secondary Sources
11.5.2 Primary Sources

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