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Global Electrically Operated Industrial Furnace Supply, Demand and Key Producers, 2026-2032

Publisher GlobalInfoResearch
Published Jan 09, 2026
Length 151 Pages
SKU # GFSH20701474

Description

The global Electrically Operated Industrial Furnace market size is expected to reach $ 2702 million by 2032, rising at a market growth of 6.0% CAGR during the forecast period (2026-2032).

Electrically operated industrial furnace is an industrial heating equipment that uses electricity as the main energy source. It generates heat through electric current through heating elements (such as arcs, wires, etc.) and transfers it to the materials and living objects to be heated to achieve heating, melting, and sintering, heat treatment and other industrial processes. Usually include Electric Arc Furnace, induction heating furnaces, etc.

Global 3 key players of Electrically Operated Industrial Furnace are OTTO JUNKER, Inductotherm Group and Ajax Tocco, with about 21% market shares. Asia-Pacific is the largest market, which has a share about 54%, followed by Europe and North America, with share 21% and 16%, separately. In terms of product type, electric arc furnaces is the largest segment, accounting for a share of 51%. And in terms of application, metallurgical industry is the largest, followed by waste disposal.

This report studies the global Electrically Operated Industrial Furnace production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Electrically Operated Industrial Furnace and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Electrically Operated Industrial Furnace that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Electrically Operated Industrial Furnace total production and demand, 2021-2032, (Units)

Global Electrically Operated Industrial Furnace total production value, 2021-2032, (USD Million)

Global Electrically Operated Industrial Furnace production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (Units), (based on production site)

Global Electrically Operated Industrial Furnace consumption by region & country, CAGR, 2021-2032 & (Units)

U.S. VS China: Electrically Operated Industrial Furnace domestic production, consumption, key domestic manufacturers and share

Global Electrically Operated Industrial Furnace production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (Units)

Global Electrically Operated Industrial Furnace production by Type, production, value, CAGR, 2021-2032, (USD Million) & (Units)

Global Electrically Operated Industrial Furnace production by Application, production, value, CAGR, 2021-2032, (USD Million) & (Units)

This report profiles key players in the global Electrically Operated Industrial Furnace market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include SMS, Danieli, Tenova, Electrotherm, OTTO JUNKER, Inductotherm Group, Primetals Technologies, ABP Induction Systems, Steel Plantech, Sarralle, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Electrically Operated Industrial Furnace market

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Units) and average price (K US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.

Global Electrically Operated Industrial Furnace Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Electrically Operated Industrial Furnace Market, Segmentation by Type:
Electric Arc Furnace
Induction Furnace
Others

Global Electrically Operated Industrial Furnace Market, Segmentation by Application:
Metallurgical Industry
Waste Disposal
Others

Companies Profiled:
SMS
Danieli
Tenova
Electrotherm
OTTO JUNKER
Inductotherm Group
Primetals Technologies
ABP Induction Systems
Steel Plantech
Sarralle
ENRX
Ajax Tocco
Paul Wurth IHI
DongXong
Sermak Metal
TYMEC
ALD Vacuum Technologies
XiYe Technology Group

Key Questions Answered:

1. How big is the global Electrically Operated Industrial Furnace market?

2. What is the demand of the global Electrically Operated Industrial Furnace market?

3. What is the year over year growth of the global Electrically Operated Industrial Furnace market?

4. What is the production and production value of the global Electrically Operated Industrial Furnace market?

5. Who are the key producers in the global Electrically Operated Industrial Furnace market?

6. What are the growth factors driving the market demand?

Table of Contents

151 Pages
1 Supply Summary
2 Demand Summary
3 World Manufacturers Competitive Analysis
4 United States VS China VS Rest of the World
5 Market Analysis by Type
6 Market Analysis by Application
7 Company Profiles
8 Industry Chain Analysis
9 Research Findings and Conclusion
10 Appendix

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