Induction Furnace Market Key Drivers, Trends, Growth, Outlook 2023-2032

1
Induction Furnace Global Market Report 2023
Market Size, Trends and Global Forecast 2023-2032
2
Induction Furnace Market Segments
The Business Research Company segments its
Induction Furnace market report as
Coreless Induction Furnace, Channel Induction
Furnace
By Type
Steel Industry, Copper Industry, Aluminum
Industry, Zinc Industry
By End-Use Industry
By Furnace Capacity
Up To 1 Ton, 1100 Ton, More than 100 Ton
3
Induction Furnace Market Statistics
The global induction furnace market size will
grow from 1.07 billion in 2022 to 1.14 billion
in 2023 at a compound annual growth rate (CAGR)
of 6.5. The market size of the global induction
furnace is expected to grow to 1.45 billion in
2027 at a CAGR of 6.2.
Click Here To Get A Sample Report
4
Key Market Drivers And Trends
Drivers
The growth of the aerospace industry is expected
to propel the growth of the induction furnace
market going forward.
Trends
Strategic partnerships are the key trend gaining
popularity in the induction furnace market.
Region
Asia-Pacific was the largest region in the
induction furnace market in 2022. The regions
covered in the induction furnace industry report
are Asia-Pacific, Western Europe, Eastern Europe,
North America, South America, the Middle East,
and Africa.
5
Key Market Players

• Major players in the Induction Furnace market
  are
• Electrotherm
• Danieli C. S.p.A
• SMS Elotherm GmbH
• Meltech Ltd
• Tenova S.p.A
• And more.

6
5 Reasons Why TBRC Is The Solution You Need

1. Measure the impact of high global inflation on
   market growth
2. Outperform competitors using forecast data and
   the drivers and trends shaping the market
3. Get a comprehensive market sizing report with a
   truly global perspective covering 60 geographies
   from The Business Research Company, with data
   from 2017 to 2023 and forecasts up to 2032.
4. Assess the Russia-Ukraine wars impact on
   commodity supply and its direct and indirect
   impact on all the markets
5. Benchmark performance against key competitors.

7
Americas The Business Research Company, 1295 N
Providence Rd, Media, PA 19063, USA ? 1
3156230293
Get In Touch
Europe The Business Research Company 47 Anchorage
Point, 42 Cuba Street, Canary Wharf, London,
England, E14 8NE ? 44 207 1930 708
How ever you want to grow and expand, The
Business Research Company can help as we provide
research consulting solutions for businesses,
government agencies consultancies, and market
research companies.
Asia The Business Research Company, 1st Floor,
Anshu Colors Building, Road Number 1, Park View
Enclave, Jubilee Hills, Hyderabad (India),
500033 ? 91 8897263534
info_at_tbrc.info
8
Your Growth Insights Partner