Global Electric Arc Furnaces Market 2023-2027

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,500	120 Pages	TechNavio	November, 2022	INF17550662

Best Price Guarantee
Price	from $2,500
Length	120 Pages
Publisher	TechNavio
Published Date	November, 2022
SKU	INF17550662

Global Electric Arc Furnaces Market 2023-2027

Technavio has been monitoring the electric arc furnaces market and it is poised to grow by $659.73 mn during 2023-2027, accelerating at a CAGR of 10.4% during the forecast period. Our report on the electric arc furnaces market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by lower investment requirements of electric arc furnaces route than BF-BOF route, new emission regulations in China, and increasing application of steel scrap.

Technavio's electric arc furnaces market is segmented as below:

By Type

DC arc furnace
AC arc furnace

By Capacity

100-200 tons
200-300 tons
More than 300 tons
Up to 100 tons

By Geographical Landscape

APAC
Europe
North America
Middle East and Africa
South America

This study identifies the increasing production of DRI as one of the prime reasons driving the electric arc furnaces market growth during the next few years. Also, improving power supply infrastructure and increasing private ownership in the global steel industry will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the electric arc furnaces market covers the following areas:

Electric arc furnaces market sizing
Electric arc furnaces market forecast
Electric arc furnaces market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading electric arc furnaces market vendors that include ArcelorMittal SA, Berry Metal Co., Danieli & C. Officine Meccaniche Spa, DOSHI TECHNOLOGIES PVT LTD., Electrotherm Ltd, GHI HORNOS INDUSTRIALES SL, IHI Corp., JP Steel Plantech Co., Nippon Steel Corp., Nupro Corp., Primetals Technologies Ltd., Resco Products Inc., SARRALLE, SMS group GmbH, Tam Celik Sanayi AS, Tenova Spa, Vesuvius Plc, Whiting Equipment Canada Inc., Wuxi Dongxong Heavy Arc Furnace Co. Ltd., and Xian Taoyuan Metallurgical Equipment Engineering Co. Ltd. Also, the electric arc furnaces market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Executive Summary
- Market overview
  - Table Executive Summary – Chart on Market Overview
  - Table Executive Summary – Data Table on Market Overview
  - Table Executive Summary – Chart on Global Market Characteristics
  - Table Executive Summary – Chart on Market by Geography
  - Table Executive Summary – Chart on Market Segmentation by Type
  - Table Executive Summary – Chart on Market Segmentation by Capacity
  - Table Executive Summary – Chart on Incremental Growth
  - Table Executive Summary – Data Table on Incremental Growth
  - Table Executive Summary – Chart on Vendor Market Positioning
Market Landscape
- Market ecosystem
  - Table Parent market
  - Table Market Characteristics
Market Sizing
- Market definition
  - Table Offerings of vendors included in the market definition
- Market segment analysis
  - Table Market segments
- Market size 2022
- Market outlook: Forecast for 2022-2027
  - Table Chart on Global - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Global - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Global Market: Year-over-year growth 2022-2027 (%)
  - Table Data Table on Global Market: Year-over-year growth 2022-2027 (%)
Historic Market Size
- Global electric arc furnaces market 2017 - 2021
  - Table Historic Market Size – Data Table on Global electric arc furnaces market 2017 - 2021 ($ million)
- Type Segment Analysis 2017 - 2021
  - Table Historic Market Size – Type Segment 2017 - 2021 ($ million)
- Capacity Segment Analysis 2017 - 2021
  - Table Historic Market Size – Capacity Segment 2017 - 2021 ($ million)
- Geography Segment Analysis 2017 - 2021
  - Table Historic Market Size – Geography Segment 2017 - 2021 ($ million)
- Country Segment Analysis 2017 - 2021
  - Table Historic Market Size – Country Segment 2017 - 2021 ($ million)
Five Forces Analysis
- Five forces summary
  - Table Five forces analysis - Comparison between 2022 and 2027
- Bargaining power of buyers
  - Table Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- Bargaining power of suppliers
  - Table Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- Threat of new entrants
  - Table Threat of new entrants – Impact of key factors in 2022 and 2027
- Threat of substitutes
  - Table Threat of substitutes – Impact of key factors in 2022 and 2027
- Threat of rivalry
  - Table Threat of rivalry – Impact of key factors in 2022 and 2027
- Market condition
  - Table Chart on Market condition - Five forces 2022 and 2027
Market Segmentation by Type
- Market segments
  - Table Chart on Type - Market share 2022-2027 (%)
  - Table Data Table on Type - Market share 2022-2027 (%)
- Comparison by Type
  - Table Chart on Comparison by Type
  - Table Data Table on Comparison by Type
- DC arc furnace - Market size and forecast 2022-2027
  - Table Chart on DC arc furnace - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on DC arc furnace - Market size and forecast 2022-2027 ($ million)
  - Table Chart on DC arc furnace - Year-over-year growth 2022-2027 (%)
  - Table Data Table on DC arc furnace - Year-over-year growth 2022-2027 (%)
- AC arc furnace - Market size and forecast 2022-2027
  - Table Chart on AC arc furnace - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on AC arc furnace - Market size and forecast 2022-2027 ($ million)
  - Table Chart on AC arc furnace - Year-over-year growth 2022-2027 (%)
  - Table Data Table on AC arc furnace - Year-over-year growth 2022-2027 (%)
- Market opportunity by Type
  - Table Market opportunity by Type ($ million)
Market Segmentation by Capacity
- Market segments
  - Table Chart on Capacity - Market share 2022-2027 (%)
  - Table Data Table on Capacity - Market share 2022-2027 (%)
- Comparison by Capacity
  - Table Chart on Comparison by Capacity
  - Table Data Table on Comparison by Capacity
- 100-200 tons - Market size and forecast 2022-2027
  - Table Chart on 100-200 tons - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on 100-200 tons - Market size and forecast 2022-2027 ($ million)
  - Table Chart on 100-200 tons - Year-over-year growth 2022-2027 (%)
  - Table Data Table on 100-200 tons - Year-over-year growth 2022-2027 (%)
- 200-300 tons - Market size and forecast 2022-2027
  - Table Chart on 200-300 tons - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on 200-300 tons - Market size and forecast 2022-2027 ($ million)
  - Table Chart on 200-300 tons - Year-over-year growth 2022-2027 (%)
  - Table Data Table on 200-300 tons - Year-over-year growth 2022-2027 (%)
- More than 300 tons - Market size and forecast 2022- 2027
  - Table Chart on More than 300 tons - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on More than 300 tons - Market size and forecast 2022-2027 ($ million)
  - Table Chart on More than 300 tons - Year-over-year growth 2022-2027 (%)
  - Table Data Table on More than 300 tons - Year-over-year growth 2022-2027 (%)
- Up to 100 tons - Market size and forecast 2022-2027
  - Table Chart on Up to 100 tons - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Up to 100 tons - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Up to 100 tons - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Up to 100 tons - Year-over-year growth 2022-2027 (%)
- Market opportunity by Capacity
  - Table Market opportunity by Capacity ($ million)
Customer Landscape
- Customer landscape overview
  - Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Geographic Landscape
- Geographic segmentation
  - Table Chart on Market share by geography 2022-2027 (%)
  - Table Data Table on Market share by geography 2022-2027 (%)
- Geographic comparison
  - Table Chart on Geographic comparison
  - Table Data Table on Geographic comparison
- APAC - Market size and forecast 2022-2027
  - Table Chart on APAC - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on APAC - Market size and forecast 2022-2027 ($ million)
  - Table Chart on APAC - Year-over-year growth 2022-2027 (%)
  - Table Data Table on APAC - Year-over-year growth 2022-2027 (%)
- Europe - Market size and forecast 2022-2027
  - Table Chart on Europe - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Europe - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Europe - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Europe - Year-over-year growth 2022-2027 (%)
- North America - Market size and forecast 2022-2027
  - Table Chart on North America - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on North America - Market size and forecast 2022-2027 ($ million)
  - Table Chart on North America - Year-over-year growth 2022-2027 (%)
  - Table Data Table on North America - Year-over-year growth 2022-2027 (%)
- Middle East and Africa - Market size and forecast 2022- 2027
  - Table Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- South America - Market size and forecast 2022-2027
  - Table Chart on South America - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on South America - Market size and forecast 2022-2027 ($ million)
  - Table Chart on South America - Year-over-year growth 2022-2027 (%)
  - Table Data Table on South America - Year-over-year growth 2022-2027 (%)
- China - Market size and forecast 2022-2027
  - Table Chart on China - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on China - Market size and forecast 2022-2027 ($ million)
  - Table Chart on China - Year-over-year growth 2022-2027 (%)
  - Table Data Table on China - Year-over-year growth 2022-2027 (%)
- India - Market size and forecast 2022-2027
  - Table Chart on India - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on India - Market size and forecast 2022-2027 ($ million)
  - Table Chart on India - Year-over-year growth 2022-2027 (%)
  - Table Data Table on India - Year-over-year growth 2022-2027 (%)
- Germany - Market size and forecast 2022-2027
  - Table Chart on Germany - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Germany - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Germany - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Germany - Year-over-year growth 2022-2027 (%)
- US - Market size and forecast 2022-2027
  - Table Chart on US - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on US - Market size and forecast 2022-2027 ($ million)
  - Table Chart on US - Year-over-year growth 2022-2027 (%)
  - Table Data Table on US - Year-over-year growth 2022-2027 (%)
- Brazil - Market size and forecast 2022-2027
  - Table Chart on Brazil - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Brazil - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Brazil - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Brazil - Year-over-year growth 2022-2027 (%)
- Market opportunity by geography
  - Table Market opportunity by geography ($ million)
Drivers, Challenges, and Trends
- Market drivers
  - Lower investment requirements of electric arc furnaces route than BF-BOF route
  - New emission regulations in China
  - Increasing application of steel scrap
- Market challenges
  - Uncertainty in demand for steel and price of steel scraps
  - Possible influx of Chinese steel into developing countries
  - Large share of BF-BOF method in the global steel output
- Impact of drivers and challenges
  - Table Impact of drivers and challenges in 2022 and 2027
- Market trends
  - Increasing production of DRI
  - Improving power supply infrastructure
  - Increasing private ownership in the global steel industry
Vendor Landscape
- Overview
- Vendor landscape
  - Table Overview on Criticality of inputs and Factors of differentiation
- Landscape disruption
  - Table Overview on factors of disruption
- Industry risks
  - Table Impact of key risks on business
Vendor Analysis
- Vendors covered
  - Table Vendors covered
- Market positioning of vendors
  - Table Matrix on vendor position and classification
- ArcelorMittal SA
  - Table ArcelorMittal SA - Overview
  - Table ArcelorMittal SA - Business segments
  - Table ArcelorMittal SA - Key offerings
  - Table ArcelorMittal SA - Segment focus
- Berry Metal Co.
  - Table Berry Metal Co. - Overview
  - Table Berry Metal Co. - Product / Service
  - Table Berry Metal Co. - Key offerings
- Danieli C. Officine Meccaniche Spa
  - Table Danieli C. Officine Meccaniche Spa - Overview
  - Table Danieli C. Officine Meccaniche Spa - Business segments
  - Table Danieli C. Officine Meccaniche Spa - Key news
  - Table Danieli C. Officine Meccaniche Spa - Key offerings
  - Table Danieli C. Officine Meccaniche Spa - Segment focus
- Electrotherm Ltd
  - Table Electrotherm Ltd - Overview
  - Table Electrotherm Ltd - Business segments
  - Table Electrotherm Ltd - Key offerings
  - Table Electrotherm Ltd - Segment focus
- IHI Corp.
  - Table IHI Corp. - Overview
  - Table IHI Corp. - Business segments
  - Table IHI Corp. - Key news
  - Table IHI Corp. - Key offerings
  - Table IHI Corp. - Segment focus
- JP Steel Plantech Co.
  - Table JP Steel Plantech Co. - Overview
  - Table JP Steel Plantech Co. - Product / Service
  - Table JP Steel Plantech Co. - Key offerings
- Nippon Steel Corp.
  - Table Nippon Steel Corp. - Overview
  - Table Nippon Steel Corp. - Business segments
  - Table Nippon Steel Corp. - Key offerings
  - Table Nippon Steel Corp. - Segment focus
- Nupro Corp.
  - Table Nupro Corp. - Overview
  - Table Nupro Corp. - Product / Service
  - Table Nupro Corp. - Key offerings
- Primetals Technologies Ltd.
  - Table Primetals Technologies Ltd. - Overview
  - Table Primetals Technologies Ltd. - Product / Service
  - Table Primetals Technologies Ltd. - Key offerings
- Resco Products Inc.
  - Table Resco Products Inc. - Overview
  - Table Resco Products Inc. - Product / Service
  - Table Resco Products Inc. - Key offerings
- SMS group GmbH
  - Table SMS group GmbH - Overview
  - Table SMS group GmbH - Product / Service
  - Table SMS group GmbH - Key offerings
- Tam Celik Sanayi AS
  - Table Tam Celik Sanayi AS - Overview
  - Table Tam Celik Sanayi AS - Product / Service
  - Table Tam Celik Sanayi AS - Key offerings
- Tenova Spa
  - Table Tenova Spa - Overview
  - Table Tenova Spa - Product / Service
  - Table Tenova Spa - Key offerings
- Whiting Equipment Canada Inc.
  - Table Whiting Equipment Canada Inc. - Overview
  - Table Whiting Equipment Canada Inc. - Product / Service
  - Table Whiting Equipment Canada Inc. - Key offerings
- Wuxi Dongxong Heavy Arc Furnace Co. Ltd.
  - Table Wuxi Dongxong Heavy Arc Furnace Co. Ltd. - Overview
  - Table Wuxi Dongxong Heavy Arc Furnace Co. Ltd. - Product / Service
  - Table Wuxi Dongxong Heavy Arc Furnace Co. Ltd. - Key offerings
Appendix
- Scope of the report
  - Market definition
  - Objectives
  - Notes and caveats
- Inclusions and exclusions checklist
  - Table Inclusions checklist
  - Table Exclusions checklist
- Currency conversion rates for US$
  - Table Currency conversion rates for US$
- Research methodology
  - Table Research methodology
  - Table Validation techniques employed for market sizing
  - Table Information sources
- List of abbreviations
  - Table List of abbreviations