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Africa Induction Furnace Market Research Report Information by Type (Furnace, and Channel Induction Furnace), by Capacity (Up to 1 ton, 1-100 tons, and More Than 100 tons), by End Use Industry (Steel, Aluminum, Copper, and Others), by Region (Northern Afr

Publisher Market Research Future
Published Aug 12, 2024
Length 88 Pages
SKU # RESFT19101251

Description

Africa Induction Furnace Market Research Report Information by Type (Furnace, and Channel Induction Furnace), by Capacity (Up to 1 ton, 1-100 tons, and More Than 100 tons), by End Use Industry (Steel, Aluminum, Copper, and Others), by Region (Northern Africa, Central Africa, Southern Africa, East Africa, and Western Africa) Industry Forecast to 2032


It is projected that the Africa Induction Furnace Market will grow at a noteworthy rate of 4.8% over the course of the review year. An industrial furnace known as an induction furnace uses electromagnetic induction to melt and heat metals and other materials. It works on the idea that heat is produced by creating electrical currents inside the material that is being heated, which is usually a metal. Coreless and channel induction furnaces are two types of induction furnaces that are specifically made for their respective uses and specifications. For applications like melting ferrous and non-ferrous metals, induction furnaces are extensively utilized in metallurgy, foundries, and metalworking. Given the increasing spending power of end users and the level of penetration of the product, the global induction furnace market is expected to grow at an amazing rate in terms of sales in the future.

Over the next few years, the induction furnace market in the Africa area is expected to rise significantly. The high degree of accessibility to induction furnaces, along with the growth in industrial production capacity, is the primary driver of the market for induction furnaces. Additionally, the market may face difficulties in attracting and keeping qualified workers. But as businesses shift to more cost-effective and energy-efficient options, the market is opening.

Market Divide
We have discussed the coreless induction furnace and the channel induction furnace in the sections that follow, based on type.

We have discussed the following segments based on capacity: up to 1 ton, 1-100 tons, and more than 100 tons.

The market is divided into steel, aluminum, copper, and other end-use industries.

The regions of northern Africa, central Africa, southern Africa, east Africa, and western Africa are the divisions used in the report on the Africa Induction Furnace Market.

Principal Players
Saint-Gobain, Electrotherm Limited, Pioneer Furnaces Pvt. Ltd., Inductotherm Corporation, ABP Induction, HarbisonWalker International (Calderys), ZZ Industrial (Shanghai) Co., Ltd., Tenova, Wertli AG, and Srishtech Metal Casting (I) Pvt Ltd. are a few of the major companies involved in the induction furnace market in Africa.

Table of Contents

88 Pages
1 Executive Summary 15
2 Market Introduction 17
2.1 Definition 17
2.2 Scope Of The Study 17
2.3 Research Objective 17
2.4 Market Structure 18
3 Research Methodology 19
3.1 Overview 19
3.2 Data Flow 21
3.2.1 Data Mining Process 21
3.3 Purchased Database22
3.4 Secondary Sources23
3.4.1 Secondary Research Data Flow24
3.5 Primary Research25
3.5.1 Primary Research Data Flow26
3.5.2 Primary Researchnumber Of Interviews Conducted 27
3.6 Approaches For Market Size Estimation28
3.6.1 Revenue Analysis Approach 28
3.7 Data Forecasting 29
3.7.1 Data Forecasting Technique 29
3.8 Data Modeling 30
3.8.1 Microeconomic Factor Analysis30
3.8.2 Data Modeling31
3.9 Teams And Analyst Contribution 32
4 Market Dynamics 33
4.1 Introduction 33
4.2 Drivers 34
4.2.1 The High Level Of Accessibility To Induction Furnaces Is Bolstering The Market Growth 34
4.2.2 Expansion In Industrial Production Capacity Is Driving Market 34
4.2.3 Driver Impact Analysis 35
4.3 Restraints 35
4.3.1 Finding And Retaining Skilled Personnel Can Be A Challenge 35
4.3.2 Restraint Impact Analysis 36
4.4 Opportunity 36
4.4.1 Business Are Moving Towards Energy Efficiency And Cost Savings Solutions 36
4.5 Covid-19 Impact Analysis 37
4.5.1 Impact On Overall Industry 37
4.5.1.1 Economic Impact 37
4.5.2 Impact On Induction Furnace Market 37
4.5.3 Impact On Supply Chain Of Induction Furnace 38
4.5.3.1 Price Variation Of Key Raw Materials/Components 38
4.5.3.2 Production Shutdown 38
4.5.3.3 Cash Flow Constraints 38
4.5.3.4 Impact On Import/Export 38
4.5.4 Impact On Market Demand For Induction Furnace 38
4.5.4.1 Impact Due To Restrictions/Lockdown 38
4.5.4.2 Consumer Sentiments 38
4.5.5 Impact On Pricing Of Induction Furnace 38
5 Market Factor Analysis 39
5.1 Supply Chain Analysis 39
5.1.1 R&D 39
5.1.2 Raw Material Supply 40
5.1.3 Manufacture & Assembly 40
5.1.4 Sales & Distribution 40
5.1.5 End User 40
5.2 Porter's Five Forces Model 41
5.2.1 Threat Of New Entrants 41
5.2.2 Bargaining Power Of Suppliers 41
5.2.3 Bargaining Power Of Buyers 42
5.2.4 Threat Of Substitutes 42
5.2.5 Intensity Of Rivalry 42
6 Africa Induction Furnace Market, By Type 43
6.1 Introduction 43
6.2 Coreless Induction Furnace 44
6.3 Channel Induction Furnace 44
7 Africa Induction Furnace Market, By Capacity 45
7.1 Introduction 45
7.2 Up To 1 Ton 46
7.3 1–100 Ton 46
7.4 More Than 100 Ton 46
8 Africa Induction Furnace Market, By End-use Industry 47
8.1 Introduction 47
8.2 Steel 48
8.3 Aluminum 48
8.4 Copper 48
8.5 Others 49
9 Africa Induction Furnace Market, By Region 50
9.1 Overview 50
9.2 Northern Africa 51
9.3 Central Africa 53
9.4 Southern Africa 55
9.5 East Africa 57
9.6 Western Africa 59
10 Competitive Landscape 61
10.1 Introduction 61
10.2 Competitor Dashboard 62
10.3 Key Developments & Growth Strategies 63
10.3.1 Product Launch And Developments 63
10.3.2 Merger And Acquisition 63
10.3.3 Event 64
11 Company Profiles 65
11.1 Saint-gobain 65
11.1.1 Company Overview 65
11.1.2 Financial Overview 66
11.1.3 Products Offered 66
11.1.4 Key Developments 67
11.1.5 Swot Analysis 67
11.1.6 Key Strategies 67
11.2 Electrotherm Limited 68
11.2.1 Company Overview 68
11.2.2 Financial Overview 69
11.2.3 Products Offered 69
11.2.4 Key Developments 69
11.2.5 Swot Analysis 70
11.2.6 Key Strategies 70
11.3 Pioneer Furnaces Pvt. Ltd. 71
11.3.1 Company Overview 71
11.3.2 Financial Overview 71
11.3.3 Products Offered 71
11.3.4 Key Developments 72
11.3.5 Swot Analysis 72
11.3.6 Key Strategies 72
11.4 Inductotherm Corporation 73
11.4.1 Company Overview 73
11.4.2 Financial Overview 73
11.4.3 Products Offered 73
11.4.4 Key Developments 73
11.4.5 Swot Analysis 74
11.4.6 Key Strategies 74
11.5 Abp Induction 75
11.5.1 Company Overview 75
11.5.2 Financial Overview 75
11.5.3 Products Offered 75
11.5.4 Key Developments 76
11.5.5 Swot Analysis 76
11.5.6 Key Strategies 76
11.6 Harbisonwalker International (Calderys) 77
11.6.1 Company Overview 77
11.6.2 Financial Overview 77
11.6.3 Products Offered 77
11.6.4 Key Developments 78
11.6.5 Swot Analysis 78
11.6.6 Key Strategies 78
11.7 Zz Industrial (Shanghai) Co., Ltd. 79
11.7.1 Company Overview 79
11.7.2 Financial Overview 79
11.7.3 Products Offered 79
11.7.4 Key Developments 79
11.7.5 Swot Analysis 80
11.7.6 Key Strategies 80
11.8 Tenova 81
11.8.1 Company Overview 81
11.8.2 Financial Overview 81
11.8.3 Products Offered 81
11.8.4 Key Developments 81
11.8.5 Swot Analysis 82
11.8.6 Key Strategies 82
11.9 Wertli Ag 83
11.9.1 Company Overview 83
11.9.2 Financial Overview 83
11.9.3 Products Offered 83
11.9.4 Key Developments 83
11.9.5 Swot Analysis 84
11.9.6 Key Strategies 84
11.10 Srishtech Metal Casting (I) Pvt Ltd 85
11.10.1 Company Overview 85
11.10.2 Financial Overview 85
11.10.3 Products Offered 85
11.10.4 Key Developments 85
11.10.5 Swot Analysis 86
11.10.6 Key Strategies 86
List Of Tables
Table 1 Qfd Modeling For Market Share Assessment 31
Table 2 Africa Induction Furnace Market, By Type, 2018-2032 (Usd Million) 43
Table 3 Africa Induction Furnace Market, By Capacity, 2018-2032 (Usd Million) 45
Table 4 Africa Induction Furnace Market, By End-use Industry, 2018-2032 (Usd Million) 47
Table 5 Africa Induction Furnace Market, By Region, 2018-2032 (Usd Million) 50
Table 6 Northern Africainduction Furnace Market, By Type, 2018-2032 (Usd Million) 51
Table 7 Northern Africainduction Furnace Market, By Capacity, 2018-2032 (Usd Million) 51
Table 8 Northern Africainduction Furnace Market Et, By End-use Industry, 2018-2032 (Usd Million) 52
Table 9 Central Africainduction Furnace Market, By Type, 2018-2032 (Usd Million) 53
Table 10 Central Africainduction Furnace Market, By Capacity, 2018-2032 (Usd Million) 53
Table 11 Central Africainduction Furnace Market Et, By End-use Industry, 2018-2032 (Usd Million) 54
Table 12 Southern Africainduction Furnace Market, By Type, 2018-2032 (Usd Million) 55
Table 13 Southern Africainduction Furnace Market, By Capacity, 2018-2032 (Usd Million) 55
Table 14 Southern Africainduction Furnace Market Et, By End-use Industry, 2018-2032 (Usd Million) 56
Table 15 East Africainduction Furnace Market, By Type, 2018-2032 (Usd Million) 57
Table 16 East Africainduction Furnace Market, By Capacity, 2018-2032 (Usd Million) 57
Table 17 East Africainduction Furnace Market Et, By End-use Industry, 2018-2032 (Usd Million) 58
Table 18 Western Africainduction Furnace Market, By Type, 2018-2032 (Usd Million) 59
Table 19 Western Africainduction Furnace Market, By Capacity, 2018-2032 (Usd Million) 59
Table 20 Western Africainduction Furnace Market Et, By End-use Industry, 2018-2032 (Usd Million) 60
Table 21 Product Launch And Developments 63
Table 22 Merger And Acquisition 63
Table 23 Event 64
Table 24 Saint-gobainproducts Offered 66
Table 25 Saint-gobainkey Developments 67
Table 26 Electrotherm Limitedproducts Offered 69
Table 27 Pioneer Furnaces Pvt. Ltd.Products Offered 71
Table 28 Inductotherm Corporationproducts Offered 73
Table 29 Abp Inductionproducts Offered 75
Table 30 Abp Inductionkey Developments 76
Table 31 Harbisonwalker International (Calderys)Products Offered 77
Table 32 Harbisonwalker International (Calderys)Key Developments 78
Table 33 Zz Industrial (Shanghai) Co., Ltd.Products Offered 79
Table 34 Tenovaproducts Offered 81
Table 35 Tenovakey Developments 81
Table 36 Wertli Agproducts Offered 83
Table 37 Srishtech Metal Casting (I) Pvt Ltdproducts Offered 85
List Of Figures
Figure 1 Africa Induction Furnace Marketstructure 18
Figure 2 Market Dynamic Analysis Of The Africa Induction Furnace Market 33
Figure 3 Driver Impact Analysisafrica Induction Furnace Market 35
Figure 4 Restraint Impact Analysisafrica Induction Furnace Market 36
Figure 5 Supply Chain Analysisafrica Induction Furnace Market 39
Figure 6 Porter's Five Forces Analysisafrica Induction Furnace Market 41
Figure 7 Africa Induction Furnace Market, By Type, 2023 (% Share) 43
Figure 8 Africa Induction Furnace Market, By Capacity, 2023 (% Share) 45
Figure 9 Africa Induction Furnace Market, By End-use Industry, 2023 (% Share) 47
Figure 10 Africa Induction Furnace Market, By Region, 2023 (% Share) 50
Figure 11 Competitor Dashboardafrica Induction Furnace Market 62
Figure 12 Saint-gobainfinancial Overview Snapshot 66
Figure 13 Saint-gobainswot Analysis 67
Figure 14 Electrotherm Limitedfinancial Overview Snapshot 69
Figure 15 Electrotherm Limitedswot Analysis 70
Figure 16 Pioneer Furnaces Pvt. Ltd.Swot Analysis 72
Figure 17 Inductotherm Corporationswot Analysis 74
Figure 18 Abp Inductionswot Analysis 76
Figure 19 Harbisonwalker International (Calderys)Swot Analysis 78
Figure 20 Zz Industrial (Shanghai) Co., Ltd.Swot Analysis 80
Figure 21 Tenovaswot Analysis 82
Figure 22 Wertli Agswot Analysis 84
Figure 23 Srishtech Metal Casting (I) Pvt Ltdswot Analysis 86

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