Electric Furnace Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The Electric vacuum Furnace market size is expected to grow at a CAGR of 5% during the forecast period 2022-2028. An electric vacuum furnace is a device that heats up and then dissolves the metal. This material can be cast into a mold or left in its molten state for immediate use in manufacturing, or it may also contain other materials that melt to create the desired product. The process uses heat from an electric heater (usually resistance line heating) to melt the metal and is sometimes assisted by replacement release of gas. An electromagnetic heat source is a type of electric vacuum furnace that uses electromagnetic induction to create heat. A type of electric furnace that uses electromagnetic fields to heat the material. This material is heated by the current produced using a coil inside the furnace.

Company Profile

• CONSARC
• ECM Technologies
• France Etuves
• Gero Hochtemperaturöfen GmbH
• Inductotherm
• Koyo Thermos Systems
• ALD
• Memmert
• Nabertherm
• PINK GmbH Thermosysteme

 

Market Segmentation

By Type:

• Electromagnetic Heat Source
• Resistance Heat Source
• Arc Heat Source

By Application:

• Metallurgical Industry
• Chemical Industry

 

Scope of the Report

The research study analyzes the Electric Furnace Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

 

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

 

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

 

Key Questions Answered by Electric Furnace Market Report

1. What was the Electric Furnace Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Electric Furnace Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Electric Furnace Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.