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Global Electric Arc Furnace Market 2024-2028

Publisher TechNavio
Published Dec 07, 2023
Length 172 Pages
SKU # INF18379519

Description

Global Electric Arc Furnaces Market 2024-2028


The electric arc furnaces market is forecasted to grow by USD 749.23 mn during 2023-2028, accelerating at a CAGR of 10.7% during the forecast period. The report on the electric arc furnaces market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by recent developments in electric arc furnaces, growing preference for electric arc furnaces over traditional blast furnaces, and increasing application of steel scrap.

Technavio's electric arc furnaces market is segmented as below:

By Type
  • AC arc furnace
  • DC arc furnace
By Capacity
  • 100 to 200 tons
  • 200 to 300 tons
  • More than 300 tons
  • Upto 100 tons
By Geographical Landscape
  • APAC
  • Europe
  • North America
  • Middle East and Africa
  • South America
This study identifies the advancements in electric arc furnace technology as one of the prime reasons driving the electric arc furnaces market growth during the next few years. Also, the rise in the adoption of electric vehicles and increasing production of dri will lead to sizable demand in the market.

The report on the electric arc furnaces market covers the following areas:
  • Electric arc furnaces market sizing
  • Electric arc furnaces market forecast
  • Electric arc furnaces market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading electric arc furnaces market vendors that include Daido Steel Co. Ltd., Danieli and C. Officine Meccaniche Spa, Doshi Technologies Pvt. Ltd., Electrotherm Ltd., GHI HORNOS INDUSTRIALES SL, IHI Corp., JP Steel Plantech Co., Nippon Steel Corp., Nucor Corp., Nupro Corp., Primetals Technologies Ltd., Resco Products Inc., SARRALLE, Shougang Corp., Siemens AG, SMS group GmbH, Tam Celik Sanayi AS, Tenova Spa, Vesuvius Plc, and TYMEC. Also, the electric arc furnaces market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape and an analysis of the key vendors.

The publisher presents a detailed picture of the market through study, synthesis, and summation of data from multiple sources by analyzing key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

172 Pages
    • Market overview
    • Market ecosystem
    • Market definition
    • Market segment analysis
    • Market size 2023
    • Market outlook: Forecast for 2023-2028
    • Global electric arc furnace market 2018 - 2022
    • Type Segment Analysis 2018 - 2022
    • Capacity Segment Analysis 2018 - 2022
    • Geography Segment Analysis 2018 - 2022
    • Country Segment Analysis 2018 - 2022
    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition
    • Market segments
    • Comparison by Type
    • AC arc furnace - Market size and forecast 2023-2028
    • DC arc furnace - Market size and forecast 2023-2028
    • Market opportunity by Type
    • Market segments
    • Comparison by Capacity
    • 100 to 200 tons - Market size and forecast 2023-2028
    • 200 to 300 tons - Market size and forecast 2023-2028
    • More than 300 tons - Market size and forecast 2023- 2028
    • Upto 100 tons - Market size and forecast 2023-2028
    • Market opportunity by Capacity
    • Customer landscape overview
    • Geographic segmentation
    • Geographic comparison
    • APAC - Market size and forecast 2023-2028
    • Europe - Market size and forecast 2023-2028
    • North America - Market size and forecast 2023-2028
    • Middle East and Africa - Market size and forecast 2023- 2028
    • South America - Market size and forecast 2023-2028
    • China - Market size and forecast 2023-2028
    • India - Market size and forecast 2023-2028
    • Germany - Market size and forecast 2023-2028
    • US - Market size and forecast 2023-2028
    • Brazil - Market size and forecast 2023-2028
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Impact of drivers and challenges
    • Market trends
    • Overview
    • Vendor landscape
    • Landscape disruption
    • Industry risks
    • Vendors covered
    • Market positioning of vendors
    • Daido Steel Co. Ltd.
    • Danieli and C. Officine Meccaniche Spa
    • Doshi Technologies Pvt. Ltd.
    • Electrotherm Ltd.
    • IHI Corp.
    • JP Steel Plantech Co.
    • Nippon Steel Corp.
    • Nucor Corp.
    • Nupro Corp.
    • Primetals Technologies Ltd.
    • Resco Products Inc.
    • Shougang Corp.
    • Siemens AG
    • SMS group GmbH
    • Tenova Spa
    • Scope of the report
    • Inclusions and exclusions checklist
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

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