Induction furnace is an electrical furnace that facilitates melting of metal using induction heating. It is an energy-efficient and easily-controlled melting process, based on the heating effect of the electromagnetic field.
A typical induction furnace comprises inductor coil, shell, crucible, and cooling system, and a tilting mechanism for pouring the molten metal. The inductor coil generates magnetic flux as alternating current passes through it. It is the magnetic flux that creates the heating effect inside the furnace.
Induction furnace has emerged as a boon for small-scale metal manufacturers. It is smaller in size, when compared to Electric Arc Furnace, and has low operational cost. Besides, it comes at an affordable price, which makes the induction furnace the first choice for small scale companies.
The global Induction Furnace (IF) market was valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Induction Furnace (IF) volume and value at global level, regional level and company level. From a global perspective, this report represents overall Induction Furnace (IF) market size by analyzing historical data and future prospect.
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Regionally, this report categorizes the production, apparent consumption, export and import of Induction Furnace (IF) in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Induction Furnace (IF) manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
The following manufacturers are covered:
- ABP
- Electrotherm
- Inductotherm Group
- Megatherm
- Agni Electrical
- Indotherm
- Magnalenz Induction Melting Furnace
- Pees Induction Equipment
- Coreless
- Channel
- Melting
- Heating
- North America (United States, Canada and Mexico)
- Europe (Germany, UK, France, Italy, Russia, Spain and Benelux)
- Asia Pacific (China, Japan, India, Southeast Asia and Australia)
- Latin America (Brazil, Argentina and Colombia)
- Middle East and Africa
The Induction Furnace (IF) Market report offers a plethora of insights which include:
- Changing consumption pattern among individuals globally.
- Historical and future progress of the global Induction Furnace (IF) Market.
- Region-wise and country-wise segmentation of the Induction Furnace (IF) Market to understand the revenue, and growth lookout in these areas.
- Accurate Year-on-Year growth of the global Induction Furnace (IF) Market.
- Important trends, including proprietary technologies, ecological conservation, and globalization affecting the global Induction Furnace (IF) Market.
- Which regulatory authorities have granted approval to the application of Induction Furnace (IF) Market?
- How will the global Induction Furnace (IF) Market grow over the forecast period?
- Which end use industry is set to become the leading consumer of Induction Furnace (IF) Market by 2025?
- What manufacturing techniques are involved in the production of the Induction Furnace (IF) Market ?
- Which regions are the Induction Furnace (IF) Market players targeting to channelize their production portfolio?
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