Global Vacuum Arc Furnace Market Growth 2023-2029

Global Vacuum Arc Furnace Market Growth 2023-2029

The Vacuum Arc Furnace is an electric furnace that uses the high temperature generated by the electrode arc to smelt ores and metals in a vacuum environment.

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

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

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

The global Vacuum Arc 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.

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

Global key Vacuum Arc Furnace players cover Danieli, SMS, Electrotherment, TENOVA, Primetals Technologies, Steel Plantech, IHI, DongXong and XiYe Technology Group, 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 Vacuum Arc Furnace market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Non Consumable Furnace
Consumable Furnace

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.
Danieli
SMS
Electrotherment
TENOVA
Primetals Technologies
Steel Plantech
IHI
DongXong
XiYe Technology Group

Key Questions Addressed in this Report

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

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

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

How do Vacuum Arc Furnace market opportunities vary by end market size?

How does Vacuum Arc 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.