Global Industrial Arc Furnaces Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
1 Market Overview
- 1.1 Product Overview and Scope of Industrial Arc Furnaces
- 1.2 Market Estimation Caveats and Base Year
- 1.3 Market Analysis by Type
- 1.3.1 Overview: Global Industrial Arc Furnaces Consumption Value by Type: 2019 Versus 2023 Versus 2030
- 1.3.2 AC-EAF
- 1.3.3 DC-EAF
- 1.4 Market Analysis by Application
- 1.4.1 Overview: Global Industrial Arc Furnaces Consumption Value by Application: 2019 Versus 2023 Versus 2030
- 1.4.2 Metal Smelting
- 1.4.3 Ore Smelting
- 1.4.4 Others
- 1.5 Global Industrial Arc Furnaces Market Size & Forecast
- 1.5.1 Global Industrial Arc Furnaces Consumption Value (2019 & 2023 & 2030)
- 1.5.2 Global Industrial Arc Furnaces Sales Quantity (2019-2030)
- 1.5.3 Global Industrial Arc Furnaces Average Price (2019-2030)
2 Manufacturers Profiles
- 2.1 Danieli
- 2.1.1 Danieli Details
- 2.1.2 Danieli Major Business
- 2.1.3 Danieli Industrial Arc Furnaces Product and Services
- 2.1.4 Danieli Industrial Arc Furnaces Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.1.5 Danieli Recent Developments/Updates
- 2.2 Siemens
- 2.2.1 Siemens Details
- 2.2.2 Siemens Major Business
- 2.2.3 Siemens Industrial Arc Furnaces Product and Services
- 2.2.4 Siemens Industrial Arc Furnaces Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.2.5 Siemens Recent Developments/Updates
- 2.3 SMS
- 2.3.1 SMS Details
- 2.3.2 SMS Major Business
- 2.3.3 SMS Industrial Arc Furnaces Product and Services
- 2.3.4 SMS Industrial Arc Furnaces Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.3.5 SMS Recent Developments/Updates
- 2.4 Electrotherm
- 2.4.1 Electrotherm Details
- 2.4.2 Electrotherm Major Business
- 2.4.3 Electrotherm Industrial Arc Furnaces Product and Services
- 2.4.4 Electrotherm Industrial Arc Furnaces Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.4.5 Electrotherm Recent Developments/Updates
- 2.5 TENOVA
- 2.5.1 TENOVA Details
- 2.5.2 TENOVA Major Business
- 2.5.3 TENOVA Industrial Arc Furnaces Product and Services
- 2.5.4 TENOVA Industrial Arc Furnaces Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.5.5 TENOVA Recent Developments/Updates
- 2.6 Primetals Technologies
- 2.6.1 Primetals Technologies Details
- 2.6.2 Primetals Technologies Major Business
- 2.6.3 Primetals Technologies Industrial Arc Furnaces Product and Services
- 2.6.4 Primetals Technologies Industrial Arc Furnaces Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.6.5 Primetals Technologies Recent Developments/Updates
- 2.7 DongXong
- 2.7.1 DongXong Details
- 2.7.2 DongXong Major Business
- 2.7.3 DongXong Industrial Arc Furnaces Product and Services
- 2.7.4 DongXong Industrial Arc Furnaces Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.7.5 DongXong Recent Developments/Updates
- 2.8 Steel Plantech
- 2.8.1 Steel Plantech Details
- 2.8.2 Steel Plantech Major Business
- 2.8.3 Steel Plantech Industrial Arc Furnaces Product and Services
- 2.8.4 Steel Plantech Industrial Arc Furnaces Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.8.5 Steel Plantech Recent Developments/Updates
- 2.9 TYMEC
- 2.9.1 TYMEC Details
- 2.9.2 TYMEC Major Business
- 2.9.3 TYMEC Industrial Arc Furnaces Product and Services
- 2.9.4 TYMEC Industrial Arc Furnaces Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.9.5 TYMEC Recent Developments/Updates
- 2.10 IHI
- 2.10.1 IHI Details
- 2.10.2 IHI Major Business
- 2.10.3 IHI Industrial Arc Furnaces Product and Services
- 2.10.4 IHI Industrial Arc Furnaces Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.10.5 IHI Recent Developments/Updates
- 2.11 Doshi
- 2.11.1 Doshi Details
- 2.11.2 Doshi Major Business
- 2.11.3 Doshi Industrial Arc Furnaces Product and Services
- 2.11.4 Doshi Industrial Arc Furnaces Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.11.5 Doshi Recent Developments/Updates
- 2.12 Sermak Metal
- 2.12.1 Sermak Metal Details
- 2.12.2 Sermak Metal Major Business
- 2.12.3 Sermak Metal Industrial Arc Furnaces Product and Services
- 2.12.4 Sermak Metal Industrial Arc Furnaces Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2019-2024)
- 2.12.5 Sermak Metal Recent Developments/Updates
3 Competitive Environment: Industrial Arc Furnaces by Manufacturer
- 3.1 Global Industrial Arc Furnaces Sales Quantity by Manufacturer (2019-2024)
- 3.2 Global Industrial Arc Furnaces Revenue by Manufacturer (2019-2024)
- 3.3 Global Industrial Arc Furnaces Average Price by Manufacturer (2019-2024)
- 3.4 Market Share Analysis (2023)
- 3.4.1 Producer Shipments of Industrial Arc Furnaces by Manufacturer Revenue ($MM) and Market Share (%): 2023
- 3.4.2 Top 3 Industrial Arc Furnaces Manufacturer Market Share in 2023
- 3.4.2 Top 6 Industrial Arc Furnaces Manufacturer Market Share in 2023
- 3.5 Industrial Arc Furnaces Market: Overall Company Footprint Analysis
- 3.5.1 Industrial Arc Furnaces Market: Region Footprint
- 3.5.2 Industrial Arc Furnaces Market: Company Product Type Footprint
- 3.5.3 Industrial Arc Furnaces Market: Company Product Application Footprint
- 3.6 New Market Entrants and Barriers to Market Entry
- 3.7 Mergers, Acquisition, Agreements, and Collaborations
4 Consumption Analysis by Region
- 4.1 Global Industrial Arc Furnaces Market Size by Region
- 4.1.1 Global Industrial Arc Furnaces Sales Quantity by Region (2019-2030)
- 4.1.2 Global Industrial Arc Furnaces Consumption Value by Region (2019-2030)
- 4.1.3 Global Industrial Arc Furnaces Average Price by Region (2019-2030)
- 4.2 North America Industrial Arc Furnaces Consumption Value (2019-2030)
- 4.3 Europe Industrial Arc Furnaces Consumption Value (2019-2030)
- 4.4 Asia-Pacific Industrial Arc Furnaces Consumption Value (2019-2030)
- 4.5 South America Industrial Arc Furnaces Consumption Value (2019-2030)
- 4.6 Middle East and Africa Industrial Arc Furnaces Consumption Value (2019-2030)
5 Market Segment by Type
- 5.1 Global Industrial Arc Furnaces Sales Quantity by Type (2019-2030)
- 5.2 Global Industrial Arc Furnaces Consumption Value by Type (2019-2030)
- 5.3 Global Industrial Arc Furnaces Average Price by Type (2019-2030)
6 Market Segment by Application
- 6.1 Global Industrial Arc Furnaces Sales Quantity by Application (2019-2030)
- 6.2 Global Industrial Arc Furnaces Consumption Value by Application (2019-2030)
- 6.3 Global Industrial Arc Furnaces Average Price by Application (2019-2030)
7 North America
- 7.1 North America Industrial Arc Furnaces Sales Quantity by Type (2019-2030)
- 7.2 North America Industrial Arc Furnaces Sales Quantity by Application (2019-2030)
- 7.3 North America Industrial Arc Furnaces Market Size by Country
- 7.3.1 North America Industrial Arc Furnaces Sales Quantity by Country (2019-2030)
- 7.3.2 North America Industrial Arc Furnaces Consumption Value by Country (2019-2030)
- 7.3.3 United States Market Size and Forecast (2019-2030)
- 7.3.4 Canada Market Size and Forecast (2019-2030)
- 7.3.5 Mexico Market Size and Forecast (2019-2030)
8 Europe
- 8.1 Europe Industrial Arc Furnaces Sales Quantity by Type (2019-2030)
- 8.2 Europe Industrial Arc Furnaces Sales Quantity by Application (2019-2030)
- 8.3 Europe Industrial Arc Furnaces Market Size by Country
- 8.3.1 Europe Industrial Arc Furnaces Sales Quantity by Country (2019-2030)
- 8.3.2 Europe Industrial Arc Furnaces Consumption Value by Country (2019-2030)
- 8.3.3 Germany Market Size and Forecast (2019-2030)
- 8.3.4 France Market Size and Forecast (2019-2030)
- 8.3.5 United Kingdom Market Size and Forecast (2019-2030)
- 8.3.6 Russia Market Size and Forecast (2019-2030)
- 8.3.7 Italy Market Size and Forecast (2019-2030)
9 Asia-Pacific
- 9.1 Asia-Pacific Industrial Arc Furnaces Sales Quantity by Type (2019-2030)
- 9.2 Asia-Pacific Industrial Arc Furnaces Sales Quantity by Application (2019-2030)
- 9.3 Asia-Pacific Industrial Arc Furnaces Market Size by Region
- 9.3.1 Asia-Pacific Industrial Arc Furnaces Sales Quantity by Region (2019-2030)
- 9.3.2 Asia-Pacific Industrial Arc Furnaces Consumption Value by Region (2019-2030)
- 9.3.3 China Market Size and Forecast (2019-2030)
- 9.3.4 Japan Market Size and Forecast (2019-2030)
- 9.3.5 Korea Market Size and Forecast (2019-2030)
- 9.3.6 India Market Size and Forecast (2019-2030)
- 9.3.7 Southeast Asia Market Size and Forecast (2019-2030)
- 9.3.8 Australia Market Size and Forecast (2019-2030)
10 South America
- 10.1 South America Industrial Arc Furnaces Sales Quantity by Type (2019-2030)
- 10.2 South America Industrial Arc Furnaces Sales Quantity by Application (2019-2030)
- 10.3 South America Industrial Arc Furnaces Market Size by Country
- 10.3.1 South America Industrial Arc Furnaces Sales Quantity by Country (2019-2030)
- 10.3.2 South America Industrial Arc Furnaces Consumption Value by Country (2019-2030)
- 10.3.3 Brazil Market Size and Forecast (2019-2030)
- 10.3.4 Argentina Market Size and Forecast (2019-2030)
11 Middle East & Africa
- 11.1 Middle East & Africa Industrial Arc Furnaces Sales Quantity by Type (2019-2030)
- 11.2 Middle East & Africa Industrial Arc Furnaces Sales Quantity by Application (2019-2030)
- 11.3 Middle East & Africa Industrial Arc Furnaces Market Size by Country
- 11.3.1 Middle East & Africa Industrial Arc Furnaces Sales Quantity by Country (2019-2030)
- 11.3.2 Middle East & Africa Industrial Arc Furnaces Consumption Value by Country (2019-2030)
- 11.3.3 Turkey Market Size and Forecast (2019-2030)
- 11.3.4 Egypt Market Size and Forecast (2019-2030)
- 11.3.5 Saudi Arabia Market Size and Forecast (2019-2030)
- 11.3.6 South Africa Market Size and Forecast (2019-2030)
12 Market Dynamics
- 12.1 Industrial Arc Furnaces Market Drivers
- 12.2 Industrial Arc Furnaces Market Restraints
- 12.3 Industrial Arc Furnaces Trends Analysis
- 12.4 Porters Five Forces Analysis
- 12.4.1 Threat of New Entrants
- 12.4.2 Bargaining Power of Suppliers
- 12.4.3 Bargaining Power of Buyers
- 12.4.4 Threat of Substitutes
- 12.4.5 Competitive Rivalry
13 Raw Material and Industry Chain
- 13.1 Raw Material of Industrial Arc Furnaces and Key Manufacturers
- 13.2 Manufacturing Costs Percentage of Industrial Arc Furnaces
- 13.3 Industrial Arc Furnaces Production Process
- 13.4 Industrial Arc Furnaces Industrial Chain
14 Shipments by Distribution Channel
- 14.1 Sales Channel
- 14.1.1 Direct to End-User
- 14.1.2 Distributors
- 14.2 Industrial Arc Furnaces Typical Distributors
- 14.3 Industrial Arc Furnaces Typical Customers
15 Research Findings and Conclusion
16 Appendix
- 16.1 Methodology
- 16.2 Research Process and Data Source
According to our (Global Info Research) latest study, the global Industrial Arc Furnaces market size was valued at USD 823.2 million in 2023 and is forecast to a readjusted size of USD 1193.9 million by 2030 with a CAGR of 5.5% during review period.
A Industrial Arc Furnace is a high-temperature furnace that uses high-voltage electric arcs to make steel. Arc furnaces are a feature of the minimills that recycle iron and steel scrap into new steel products.
Rising investment in direct reduced iron (DRl) production coupled with rising demand for recycled metal parts is likely to spur electric arc furnace market growth over the next few years. The global steel industry is seeking new ways to tackle CO2 emissions.
The Global Info Research report includes an overview of the development of the Industrial Arc Furnaces industry chain, the market status of Metal Smelting (AC-EAF, DC-EAF), Ore Smelting (AC-EAF, DC-EAF), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Industrial Arc Furnaces.
Regionally, the report analyzes the Industrial Arc Furnaces markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Industrial Arc Furnaces market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Industrial Arc Furnaces market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Industrial Arc Furnaces industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., AC-EAF, DC-EAF).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Industrial Arc Furnaces market.
Regional Analysis: The report involves examining the Industrial Arc Furnaces market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Industrial Arc Furnaces market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Industrial Arc Furnaces:
Company Analysis: Report covers individual Industrial Arc Furnaces manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Industrial Arc Furnaces This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Metal Smelting, Ore Smelting).
Technology Analysis: Report covers specific technologies relevant to Industrial Arc Furnaces. It assesses the current state, advancements, and potential future developments in Industrial Arc Furnaces areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Industrial Arc Furnaces market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Industrial Arc Furnaces market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
AC-EAF
DC-EAF
Market segment by Application
Metal Smelting
Ore Smelting
Others
Major players covered
Danieli
Siemens
SMS
Electrotherm
TENOVA
Primetals Technologies
DongXong
Steel Plantech
TYMEC
IHI
Doshi
Sermak Metal
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Industrial Arc Furnaces product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Industrial Arc Furnaces, with price, sales, revenue and global market share of Industrial Arc Furnaces from 2019 to 2024.
Chapter 3, the Industrial Arc Furnaces competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Industrial Arc Furnaces breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Industrial Arc Furnaces market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Industrial Arc Furnaces.
Chapter 14 and 15, to describe Industrial Arc Furnaces sales channel, distributors, customers, research findings and conclusion.