Global Electric Furnace Transformer Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

Global Electric Furnace Transformer Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Electric Furnace Transformer market size was valued at US$ 951 million in 2024 and is forecast to a readjusted size of USD 1240 million by 2031 with a CAGR of 3.9% during review period.

The basic function of the electric furnace transformer is to supply power to the furnace itself. This can lower the high voltage capacity to a lower voltage output.

For the Electric Furnace Transformer industry, the market is low concentrated. Siemens, Sanding, ABB and GE are the leader companies globally. The global key 18 players accounted for about 72% of the market.

The sales market for Electric Furnace Transformer can be divided into five geographic regions. Asia-Pacific occupied the largest sales market share with about 54% in 2019. It is followed by Europe and North America.

This report is a detailed and comprehensive analysis for global Electric Furnace Transformer 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 2025, are provided.

Key Features:

Global Electric Furnace Transformer market size and forecasts, in consumption value ($ Million), sales quantity (Unit), and average selling prices (K USD/Unit), 2020-2031

Global Electric Furnace Transformer market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Unit), and average selling prices (K USD/Unit), 2020-2031

Global Electric Furnace Transformer market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Unit), and average selling prices (K USD/Unit), 2020-2031

Global Electric Furnace Transformer market shares of main players, shipments in revenue ($ Million), sales quantity (Unit), and ASP (K USD/Unit), 2020-2025

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 Electric Furnace Transformer

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 Electric Furnace Transformer 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 Siemens, Sanding, ABB, GE, China XD Electric, Tamini, Uralelectrotyazhmash, TEBA, Electrotherm, Shenda, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Electric Furnace Transformer market is split by Type and by Application. For the period 2020-2031, 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
Less than 30 MVA
30-80 MVA
More than 80 MVA

Market segment by Application
Steelmaking
Ferroalloy Production
Others

Major players covered
Siemens
Sanding
ABB
GE
China XD Electric
Tamini
Uralelectrotyazhmash
TEBA
Electrotherm
Shenda
Kitashiba Electric
Hyundai
Liuzhou Special Transformers
Voltamp Transformers Ltd
Yixing Xingyi
Hammond Power Solutions Pvt. Ltd
JiangSu XinTeBian
Fuji Tusco Co., Ltd

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 Electric Furnace Transformer product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Electric Furnace Transformer, with price, sales quantity, revenue, and global market share of Electric Furnace Transformer from 2020 to 2025.

Chapter 3, the Electric Furnace Transformer competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Electric Furnace Transformer breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

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 2020 to 2031.

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 2020 to 2025.and Electric Furnace Transformer market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

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 Electric Furnace Transformer.

Chapter 14 and 15, to describe Electric Furnace Transformer sales channel, distributors, customers, research findings and conclusion.