According to our (Global Info Research) latest study, the global Electrical Arc Furnace (EAF) Power Transformers market size was valued at US$ 994 million in 2024 and is forecast to a readjusted size of USD 1374 million by 2031 with a CAGR of 4.8% during review period.
Electric arc furnace transformers are used with electric arc furnaces or ladle metallurgy stations to transform high-voltage low current electrical power to low voltage high current electrical arcs inside a EAF furnace to melt scrap steel.
An Electric Arc Furnace (EAF) is a heating device similar to a heater or boiler that utilizes an electric arc discharge to heat a charged material. EAF transformers are used with ladle metallurgy stations or electric arc furnaces to convert low current high voltage electrical energy into high current low voltage arcs inside the EAF furnace to melt certain metals such as steel scrap. The increasing adoption of electric arc furnace transformers in various industries such as the steel industry to melt scrap steel without altering the electrical and chemical properties of the metal is the major driving factor for the market growth. Growing demand for electric furnace transformers in various industrial processes, increasing demand for electric furnace transformers in critical conditions in various industries, growing demand for electric furnace transformers in non-ferrous and ferrous metal industries, and continuous technological advancement in electric arc furnace transformers are expected to promote The electric arc furnace transformer market is growing during the forecast period.
This report is a detailed and comprehensive analysis for global Electrical Arc Furnace (EAF) Power Transformers 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 Electrical Arc Furnace (EAF) Power Transformers market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (K USD/Unit), 2020-2031
Global Electrical Arc Furnace (EAF) Power Transformers market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (K USD/Unit), 2020-2031
Global Electrical Arc Furnace (EAF) Power Transformers market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (K USD/Unit), 2020-2031
Global Electrical Arc Furnace (EAF) Power Transformers market shares of main players, shipments in revenue ($ Million), sales quantity (Units), 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 Electrical Arc Furnace (EAF) Power Transformers
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 Electrical Arc Furnace (EAF) Power Transformers 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 ABB, Siemens, GE, Toshiba, Orano, Hitachi, XD, TEBA, Norsk Trafo Service, TWBB, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Electrical Arc Furnace (EAF) Power Transformers 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
Direct EAF
Indirect EAF
Market segment by Application
Smelt
Heat Treatment
Others
Major players covered
ABB
Siemens
GE
Toshiba
Orano
Hitachi
XD
TEBA
Norsk Trafo Service
TWBB
Sunten
TES Transformer Electro
JiangSuXinTeBian
ChangChun Transformer
HANI Metallurgy
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 Electrical Arc Furnace (EAF) Power Transformers product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Electrical Arc Furnace (EAF) Power Transformers, with price, sales quantity, revenue, and global market share of Electrical Arc Furnace (EAF) Power Transformers from 2020 to 2025.
Chapter 3, the Electrical Arc Furnace (EAF) Power Transformers competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Electrical Arc Furnace (EAF) Power Transformers 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 Electrical Arc Furnace (EAF) Power Transformers 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 Electrical Arc Furnace (EAF) Power Transformers.
Chapter 14 and 15, to describe Electrical Arc Furnace (EAF) Power Transformers sales channel, distributors, customers, research findings and conclusion.
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