Global Cremation Furnace Market Growth 2023-2029

Global Cremation Furnace Market Growth 2023-2029

A cremation furnace, or cremator, is a furnace in which cremation takes place. Cremation furnaces are usually found in funeral homes, chapels, cemeteries, or in stand-alone facilities. A facility which houses the actual cremation furnace is referred to as a crematorium.

LPI (LP Information)' newest research report, the “Cremation Furnace Industry Forecast” looks at past sales and reviews total world Cremation Furnace sales in 2022, providing a comprehensive analysis by region and market sector of projected Cremation Furnace sales for 2023 through 2029. With Cremation Furnace sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Cremation Furnace industry.

This Insight Report provides a comprehensive analysis of the global Cremation Furnace landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Cremation Furnace portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Cremation Furnace market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Cremation Furnace and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Cremation Furnace.

The global Cremation Furnace market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

In United States, Cremation Furnace key players include Matthews, B&L, FT, American Incinerators, etc. Global top four manufacturers hold a share about 55%.

In terms of product, Human Cremation Furnace is the largest segment, with a share over 60%. And in terms of application, the largest application is Crematoriums, followed by Clinics and Hospitals, Laboratories, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Cremation Furnace market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Human Cremation Furnace

Animal and Pet Cremation Furnace

Segmentation by application

Crematoriums

Clinics and Hospitals

Laboratories

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Matthews

B&L

FT

American Incinerators

Therm-Tec

American Crematory Equipment Co.

CMC

Armil CFS

National Incinerator Inc

Key Questions Addressed in this Report

What is the 10-year outlook for the global Cremation Furnace market?

What factors are driving Cremation Furnace market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Cremation Furnace market opportunities vary by end market size?

How does Cremation Furnace break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.