Global Electric Arc Furnaces Market Report, History and Forecast 2019-2030

Global Electric Arc Furnaces Market Report, History and Forecast 2019-2030

The global market for Electric Arc Furnaces was estimated at US$ 712.77 million in the year 2023, is projected to reach a revised size of US$ 1,231.34 million by 2030, growing at a CAGR of 8.25% during the forecast period 2024-2030.

North American market for Electric Arc Furnaces was valued at $ 99.33 million in 2023 and will reach $ 141.92 million by 2030, at a CAGR of 7.10% during the forecast period of 2024 through 2030.

Asia-Pacific market for Electric Arc Furnaces was valued at $ 414.70 million in 2023 and will reach $ 771.81 million by 2030, at a CAGR of 9.08% during the forecast period of 2024 through 2030.

Europe market for Electric Arc Furnaces was valued at $ 145.29 million in 2023 and will reach $ 221.52 million by 2030, at a CAGR of 6.61% during the forecast period of 2024 through 2030.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Electric Arc Furnaces, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electric Arc Furnaces.

The Electric Arc Furnaces market size, estimations, and forecasts are provided in terms of sales volume (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Electric Arc Furnaces market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Electric Arc Furnaces market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

Market Segmentation

This report covers the Electric Arc Furnaces segments by manufacturers, by Type, by Application, by region and country, and provides market size (value, volume and average price) and CAGR for the history and forecast period (2019-2023, 2024-2030), considering 2023 as the base year. It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.

By Company

Danieli

SMS

TENOVA

Steel Plantech

Electrotherm

IHI

Primetals Technologies

TYMEC

DongXong

Sermak Metal

XiYe Technology Group

Doshi

Xi'an Huachang Metallurgical Technology

CVS Technologies

Segment by Type

AC-EAF

DC-EAF

Segment by Application

Metal Smelting

Ore Smelting

Others

By Region

North America

United States

Canada

Asia-Pacific

China

Japan

South Korea

China Taiwan

India

Southeast Asia

Europe

Germany

France

U.K.

Italy

Russia

Latin America

Mexico

Brazil

Middle East & Africa

Chapter Outline

Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Chapter Two: Detailed analysis of Electric Arc Furnaces manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.

Chapter Three: Sales, revenue of Electric Arc Furnaces in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.

Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.

Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter Twelve: Analysis of sales channel, distributors and customers.

Chapter Thirteen: Research Findings and Conclusion.