A Induction Holding Furnace is an electric furnace used for melting or holding nonferrous metals, iron and aluminium. There are two types of Induction Holding Furnace: coreless holding furnaces and channel holding furnaces.
This report contains market size and forecasts of Induction Holding Furnaces in global, including the following market information:
Global Induction Holding Furnaces Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Induction Holding Furnaces Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Induction Holding Furnaces companies in 2021 (%)
The global Induction Holding 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.
Coreless Holding Furnaces Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Induction Holding Furnaces include Inductotherm Group, Amelt Corporation, Wertli AG, Fomet Srl, MIT, OTTO JUNKER, ABP Induction Systems and Corroco International Industrial, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Induction Holding 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 Induction Holding Furnaces Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Induction Holding Furnaces Market Segment Percentages, by Type, 2021 (%)
Coreless Holding Furnaces
Channel Holding Furnaces
Global Induction Holding Furnaces Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Induction Holding Furnaces Market Segment Percentages, by Application, 2021 (%)
Large Foundries
Small Foundries
Global Induction Holding Furnaces Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Induction Holding 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 Induction Holding Furnaces revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Induction Holding Furnaces revenues share in global market, 2021 (%)
Key companies Induction Holding Furnaces sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Induction Holding Furnaces sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Inductotherm Group
Amelt Corporation
Wertli AG
Fomet Srl
MIT
OTTO JUNKER
ABP Induction Systems
Corroco International Industrial