Cored induction furnace is also known as a channel induction furnace. The heat source is surrounded by a metal trough, so it is also named tank furnace. It is used for the melting and holding of non-ferrous metals and their alloys.
This report contains market size and forecasts of Core Induction Furnaces in global, including the following market information:
Global Core Induction Furnaces Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Core Induction Furnaces Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Core Induction Furnaces companies in 2021 (%)
The global Core Induction Furnaces market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Capacity: Below 10 Tons Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Core Induction Furnaces include Inductotherm Group, Fomet Srl, Corroco International Industrial, Duca Manufacturing and Parmo Electro, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Core Induction Furnaces manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Core Induction Furnaces Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Core Induction Furnaces Market Segment Percentages, by Type, 2021 (%)
Capacity: Below 10 Tons
Capacity: 10-30 Tons
Capacity: 30-50 Tons
Capacity: Above 50 Tons
Global Core Induction Furnaces Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Core Induction Furnaces Market Segment Percentages, by Application, 2021 (%)
Large Foundries
Small Foundries
Global Core Induction Furnaces Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Core Induction Furnaces Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Core Induction Furnaces revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Core Induction Furnaces revenues share in global market, 2021 (%)
Key companies Core Induction Furnaces sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Core Induction Furnaces sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Inductotherm Group
Fomet Srl
Corroco International Industrial
Duca Manufacturing
Parmo Electro