Global Electric Arc Furnace for Industry Market Growth 2023-2029

Global Electric Arc Furnace for Industry Market Growth 2023-2029

An electric arc furnace (EAF) is a furnace that heats material by means of an electric arc.

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

This Insight Report provides a comprehensive analysis of the global Electric Arc Furnace for Industry 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 Electric Arc Furnace for Industry portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Electric Arc Furnace for Industry market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electric Arc Furnace for Industry 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 Electric Arc Furnace for Industry.

The global Electric Arc Furnace for Industry 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.

United States market for Electric Arc Furnace for Industry is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Electric Arc Furnace for Industry is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Electric Arc Furnace for Industry is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Electric Arc Furnace for Industry players cover Steel Plantech, SMS, Primetals Technologies, IHI, NIPPON STEEL ENGINEERING, Danieli, Electrotherm, TENOVA and SARRALLE, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

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

Market Segmentation:

Segmentation by type
Less than 10t
10-50t
50-100t
More than 100t

Segmentation by application
Metal Smelting
Ore Smelting
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.
Steel Plantech
SMS
Primetals Technologies
IHI
NIPPON STEEL ENGINEERING
Danieli
Electrotherm
TENOVA
SARRALLE
Sermak Metal
CVS Technologies
Anyang Younengde Electric
Shaanxi Chengda Industry Furnaces
Jiangsu Lushoon Metallurgical
UkrNIIElectroterm
Zhuzhou Tianyi Electric Furnace

Key Questions Addressed in this Report

What is the 10-year outlook for the global Electric Arc Furnace for Industry market?

What factors are driving Electric Arc Furnace for Industry market growth, globally and by region?

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

How do Electric Arc Furnace for Industry market opportunities vary by end market size?

How does Electric Arc Furnace for Industry 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.