Global Industrial Induction Melting Equipment Market Growth 2025-2031

The global Industrial Induction Melting Equipment market size is predicted to grow from US$ 598 million in 2025 to US$ 755 million in 2031; it is expected to grow at a CAGR of 3.9% from 2025 to 2031.

An induction furnace is an electrical furnace in which the heat is applied by induction heating of metal. Induction furnace capacities range from less than one kilogram to one hundred tons, and are used to melt iron and steel, copper, aluminum, and precious metals.

Asia-Pacific is the fastest growing market.

LP Information, Inc. (LPI) ' newest research report, the “Industrial Induction Melting Equipment Industry Forecast” looks at past sales and reviews total world Industrial Induction Melting Equipment sales in 2024, providing a comprehensive analysis by region and market sector of projected Industrial Induction Melting Equipment sales for 2025 through 2031. With Industrial Induction Melting Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Industrial Induction Melting Equipment industry.

This Insight Report provides a comprehensive analysis of the global Industrial Induction Melting Equipment 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 Industrial Induction Melting Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Industrial Induction Melting Equipment market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Industrial Induction Melting Equipment 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 Industrial Induction Melting Equipment.

This report presents a comprehensive overview, market shares, and growth opportunities of Industrial Induction Melting Equipment market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Below 100 KW
100 KW - 2000 KW
2001 KW - 4000 KW
Above 4000 KW

Segmentation by Application:
Metal Processing
Manufacturing Industries
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 analysing the company's coverage, product portfolio, its market penetration.
OTTO JUNKER
Inductotherm Group
ABP Induction Systems
Ajax Tocco
ECM Technologies
Electrotherm
Indotherm
Megatherm
Ningbo Haishun
AMELT
Ningbo Shenguang
TERMOLIT

Key Questions Addressed in this Report

What is the 10-year outlook for the global Industrial Induction Melting Equipment market?

What factors are driving Industrial Induction Melting Equipment market growth, globally and by region?

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

How do Industrial Induction Melting Equipment market opportunities vary by end market size?

How does Industrial Induction Melting Equipment break out by Type, by Application?

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