Induction Furnace Global Market Report 2022 – By Type (Coreless Induction Furnace, Channel Induction Furnace), By End-Use Industry (Steel Industry, Copper Industry, Aluminum Industry, Zinc Industry), By Furnace Capacity (Up To 1 Ton, 1–100 Ton, More than 100 Ton) – Market Size, Trends, And Global Forecast 2022-2026

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The induction furnace market consists of sales of induction furnaces by entities (organizations, sole traders, and partnerships) that are used to melt various metals at high temperatures in manufacturing industries. An induction furnace consists of an electric coil carrying an electric current that surrounds the camber of metal, which induces a charge. The circulation of this charge produces a high temperature that melts the metals and is used in making alloys of different metal compositions.

The main types of induction furnaces include coreless induction furnaces and channel induction furnaces. A coreless induction furnace refers to an electric furnace that consists of a coil carrying an electric current around the camber of metal that induces charge. These are applicable to non-ferrous, ferrous, and specialty melting. The induction furnace is used in the steel industry, copper industry, aluminium industry, and zinc industry, and the furnace capacity ranges from up to 1 ton; 1–100 tons; and more than 100 tons.

The induction furnace market research report is one of a series of new reports from The Business Research Company that provides induction furnace market statistics, including induction furnace industry global market size, regional shares, competitors with an induction furnace market share, detailed induction furnace market segments, market trends and opportunities, and any further data you may need to thrive in the induction furnace industry. This induction furnace market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

The global induction furnace market size is expected to grow from $1.01 billion in 2021 to $1.06 billion in 2022 at a compound annual growth rate (CAGR) of 5.5%. The global induction furnace market size is expected to reach $1.31 billion in 2026 at a CAGR of 5.5%.

The growth of the aerospace industry is expected to propel the growth of the induction furnace market going forward. Aerospace firms commonly use the induction furnace due to their predetermined specifications in manufacturing requirements. In aerospace, the induction furnace provides various applications in the manufacturing of aircraft, such as heat treating, hardening of metals, curing of epoxies and coatings, special materials research and testing, heating and bonding of composite materials, casting of different metals, including titanium and super alloys, vacuum and levitation melting of special alloys, and others. According to the Bureau of Transportation Statistics (BTS), a US-based government agency, the number of scheduled service airline passengers increased by 83% in 2022, from 303.6 million in 2020 to 70.4 million in 2021.

Strategic partnerships are the key trend gaining popularity in the induction furnace market. Companies operating in induction furnaces are undergoing partnerships to strengthen their position in the market. For instance, in March 2022, Luna Innovations, a US-based manufacturer of fiber-optics for various industries, partnered with Otto Junker GmbH, a Germany-based operator of an induction furnace. Through this partnership, Luna Innovations has strengthened its induction furnace technology by inventing OCP (optical coil protection system) using the fibre optic temperature measurement technology of Otto Junker GmbH. The technology is helping in their melting-and heat-treatment facilities by providing highly resolved real-time measurement of the temperature distribution on the exterior lining surface, allowing accurate and reliable temperature monitoring of induction furnaces. Furthermore, in April 2021, GH Induction Atmosphere, an American-based company operating in induction furnaces, partnered with Foka Engineering, a Germany-based company operating in heat treatment networks and induction furnaces. Through this partnership, Foka Engineering would provide a vacuum-based induction furnace solution for the European aerospace market and also aims to support machine installations and maintain new and existing customers. 

In October 2020, Ajax Tocco Magnethermic Corporation, an American-based company operating in induction furnaces and heating solutions, acquired ABP Induction Systems GmbH for an undisclosed amount. Ajax Tocco Magnethermic Corporation hopes to strengthen its product portfolio in induction furnaces, capital goods manufacturer with aftermarket parts and services, maintain and expand its existing and new customer base, and establish a strong global reach through the partnership.ABP Induction Systems GmbH (formerly ABB Foundry Systems), is a Germany-based leading manufacturer of high throughput induction melting, pouring, and heating equipment. 

Major players in the induction furnace market are Electrotherm, Danieli & C. S.p.A, SMS Elotherm GmbH, Meltech Ltd, Tenova S.p.A, Doshi Technologies Pvt. Ltd, IHI Machinery and Furnace Co., Ltd, ECM Technologies, Jiangsu Yueda Group Co., LTD, Wuxi Dongxong Heavy Arc Furnace Co., Ltd, OTTO JUNKER GmbH, Agni Electrical Pvt. Ltd, NUPRO CORPORATION, JP Steel Plantech Co., Magnalenz, Pees Induction Equipment’s Pvt. Ltd, ABP Induction Systems GmbH, INDUCTOTHERM GRO

Adia-Pacific was the largest region in the global induction furnace market in 2021. The regions covered in the global induction furnace market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

The countries covered in the induction furnace market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA.

The global induction furnace market is segmented -

1) By Type: Coreless Induction Furnace, Channel Induction Furnace

2) By End-Use Industry: Steel Industry, Copper Industry, Aluminum Industry, Zinc Industry

3) By Furnace Capacity: Up To 1 Ton, 1–100 Ton, More than 100 Ton

    Table Of Contents

    1. Executive Summary

    2. Induction Furnace Market Characteristics

    3. Induction Furnace Market Trends And Strategies

    4. Impact Of COVID-19 On Induction Furnace

    5. Induction Furnace Market Size And Growth

    5.1. Global Induction Furnace Historic Market, 2016-2021, $ Billion

    5.1.1. Drivers Of The Market

    5.1.2. Restraints On The Market

    5.2. Global Induction Furnace Forecast Market, 2021-2026F, 2031F, $ Billion

    5.2.1. Drivers Of The Market

    5.2.2. Restraints On the Market

    6. Induction Furnace Market Segmentation

    6.1. Global Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Coreless Induction Furnace

    Channel Induction Furnace

    6.2. Global Induction Furnace Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Steel Industry

    Copper Industry

    Aluminum Industry

    Zinc Industry

    6.3. Global Induction Furnace Market, Segmentation By Furnace Capacity, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Up To 1 Ton

    1–100 Ton

    More than 100 Ton

    7. Induction Furnace Market Regional And Country Analysis

    7.1. Global Induction Furnace Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    7.2. Global Induction Furnace Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    8. Asia-Pacific Induction Furnace Market

    8.1. Asia-Pacific Induction Furnace Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    8.3. Asia-Pacific Induction Furnace Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    9. China Induction Furnace Market

    9.1. China Induction Furnace Market Overview

    9.2. China Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion

    9.3. China Induction Furnace Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion

    10. India Induction Furnace Market

    10.1. India Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    10.2. India Induction Furnace Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    11. Japan Induction Furnace Market

    11.1. Japan Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    11.2. Japan Induction Furnace Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    12. Australia Induction Furnace Market

    12.1. Australia Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    12.2. Australia Induction Furnace Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    13. Indonesia Induction Furnace Market

    13.1. Indonesia Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    13.2. Indonesia Induction Furnace Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    14. South Korea Induction Furnace Market

    14.1. South Korea Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    14.2. South Korea Induction Furnace Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    15. Western Europe Induction Furnace Market

    15.1. Western Europe Induction Furnace Market Overview

    15.2. Western Europe Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    15.3. Western Europe Induction Furnace Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    16. UK Induction Furnace Market

    16.1. UK Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    16.2. UK Induction Furnace Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    17. Germany Induction Furnace Market

    17.1. Germany Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    17.2. Germany Induction Furnace Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    18. France Induction Furnace Market

    18.4. France Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    18.5. France Induction Furnace Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    19. Eastern Europe Induction Furnace Market

    19.1. Eastern Europe Induction Furnace Market Overview

    19.2. Eastern Europe Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    19.3. Eastern Europe Induction Furnace Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    20. Russia Induction Furnace Market

    20.1. Russia Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    20.2. Russia Induction Furnace Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    21. North America Induction Furnace Market

    21.1. North America Induction Furnace Market Overview

    21.2. North America Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    21.3. North America Induction Furnace Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    22. USA Induction Furnace Market

    22.1. USA Induction Furnace Market Overview

    22.2. USA Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    22.3. USA Induction Furnace Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    23. South America Induction Furnace Market

    23.1. South America Induction Furnace Market Overview

    23.2. South America Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    23.3. South America Induction Furnace Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    24. Brazil Induction Furnace Market

    24.1. Brazil Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    24.2. Brazil Induction Furnace Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    25. Middle East Induction Furnace Market

    25.1. Middle East Induction Furnace Market Overview

    25.2. Middle East Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    25.3. Middle East Induction Furnace Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    26. Africa Induction Furnace Market

    26.1. Africa Induction Furnace Market Overview

    26.2. Africa Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    26.3. Africa Induction Furnace Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    27. Induction Furnace Market Competitive Landscape And Company Profiles

    27.1. Induction Furnace Market Competitive Landscape

    27.2. Induction Furnace Market Company Profiles

    27.2.1. Electrotherm

    27.2.1.1. Overview

    27.2.1.2. Products and Services

    27.2.1.3. Strategy

    27.2.1.4. Financial Performance

    27.2.2. Danieli & C. S.p.A

    27.2.2.1. Overview

    27.2.2.2. Products and Services

    27.2.2.3. Strategy

    27.2.2.4. Financial Performance

    27.2.3. SMS Elotherm GmbH

    27.2.3.1. Overview

    27.2.3.2. Products and Services

    27.2.3.3. Strategy

    27.2.3.4. Financial Performance

    27.2.4. Meltech Ltd

    27.2.4.1. Overview

    27.2.4.2. Products and Services

    27.2.4.3. Strategy

    27.2.4.4. Financial Performance

    27.2.5. Tenova S.p.A

    27.2.5.1. Overview

    27.2.5.2. Products and Services

    27.2.5.3. Strategy

    27.2.5.4. Financial Performance

    28. Key Mergers And Acquisitions In The Induction Furnace Market

    29. Induction Furnace Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Research Inquiries

    30.4. The Business Research Company

    30.5. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2016-2021, $ Billion
  • Table 2: Global Forecast Market Growth, 2021-2026F, 2031F, $ Billion
  • Table 3: Global Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 4: Global Induction Furnace Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 5: Global Induction Furnace Market, Segmentation By Furnace Capacity, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 6: Global Induction Furnace Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 7: Global Induction Furnace Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 8: Asia-Pacific, Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 9: Asia-Pacific, Induction Furnace Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 10: China, Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 11: China, Induction Furnace Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 12: India, Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 13: India, Induction Furnace Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 14: Japan, Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 15: Japan, Induction Furnace Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 16: Australia, Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 17: Australia, Induction Furnace Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 18: Indonesia, Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 19: Indonesia, Induction Furnace Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 20: South Korea, Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 21: South Korea, Induction Furnace Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 22: Western Europe, Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 23: Western Europe, Induction Furnace Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 24: UK, Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 25: UK, Induction Furnace Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 26: Germany, Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 27: Germany, Induction Furnace Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 28: France, Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 29: France, Induction Furnace Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 30: Eastern Europe, Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 31: Eastern Europe, Induction Furnace Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 32: Russia, Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 33: Russia, Induction Furnace Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 34: North America, Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 35: North America, Induction Furnace Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 36: USA, Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 37: USA, Induction Furnace Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 38: South America, Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 39: South America, Induction Furnace Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 40: Brazil, Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 41: Brazil, Induction Furnace Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 42: Middle East, Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 43: Middle East, Induction Furnace Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 44: Africa, Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 45: Africa, Induction Furnace Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 46: Electrotherm Financial Performance
  • Table 47: Danieli & C. S.p.A Financial Performance
  • Table 48: SMS Elotherm GmbH Financial Performance
  • Table 49: Meltech Ltd Financial Performance
  • Table 50: Tenova S.p.A Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2016-2021, $ Billion
  • Figure 2: Global Forecast Market Growth, 2021-2026F, 2031F, $ Billion
  • Figure 3: Global Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 4: Global Induction Furnace Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 5: Global Induction Furnace Market, Segmentation By Furnace Capacity, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 6: Global Induction Furnace Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 7: Global Induction Furnace Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 8: Asia-Pacific, Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 9: Asia-Pacific, Induction Furnace Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 10: China, Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 11: China, Induction Furnace Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 12: India, Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 13: India, Induction Furnace Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 14: Japan, Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 15: Japan, Induction Furnace Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 16: Australia, Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 17: Australia, Induction Furnace Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 18: Indonesia, Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 19: Indonesia, Induction Furnace Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 20: South Korea, Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 21: South Korea, Induction Furnace Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 22: Western Europe, Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 23: Western Europe, Induction Furnace Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 24: UK, Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 25: UK, Induction Furnace Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 26: Germany, Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 27: Germany, Induction Furnace Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 28: France, Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 29: France, Induction Furnace Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 30: Eastern Europe, Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 31: Eastern Europe, Induction Furnace Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 32: Russia, Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 33: Russia, Induction Furnace Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 34: North America, Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 35: North America, Induction Furnace Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 36: USA, Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 37: USA, Induction Furnace Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 38: South America, Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 39: South America, Induction Furnace Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 40: Brazil, Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 41: Brazil, Induction Furnace Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 42: Middle East, Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 43: Middle East, Induction Furnace Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 44: Africa, Induction Furnace Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 45: Africa, Induction Furnace Market, Segmentation By End-Use Industry, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Figure 46: Electrotherm Financial Performance
  • Figure 47: Danieli & C. S.p.A Financial Performance
  • Figure 48: SMS Elotherm GmbH Financial Performance
  • Figure 49: Meltech Ltd Financial Performance
  • Figure 50: Tenova S.p.A Financial Performance
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