Electric Arc Furnaces - Comprehensive Analysis on Global Market Report by Company, by Dynamics, by Region, by Type, and by Application (2019-2026)

An electric arc furnace (EAF) is a furnace that heats charged material by means of an electric arc. Industrial arc furnaces range in size from small units of approximately one ton capacity (used in foundries for producing cast iron products) up to about 400-ton units used for secondary steelmaking. Arc furnaces used in research laboratories and by dentists may have a capacity of only a few dozen grams. Industrial electric arc furnace temperatures can be up to 1,800 °C (3,272 °F), while laboratory units can exceed 3,000 °C (5,432 °F).

Market trend Snapshot

Global Electric Arc Furnaces market was valued at 1,029 million USD in 2019 and expected to reach 1,798 million USD by 2026, growing at a CAGR of 8.3%. This report provides comprehensive and in-depth analysis and prediction of the Electric Arc Furnaces industry.

From Base year 2018 to forecast year 2026

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Key Market Players Profile

Key market players covered in the report such as Danieli, Electrotherm, SMS, Siemens, TENOVA, STEEL PLANTECH, Doshi, IHI, DongXong, YUEDA, and Nupro Corporation. These players’ market share, revenue, company profile, and SWOT analysis are covered in the Electric Arc Furnaces report. In the future, production and consumption are estimated to continue developing with a stable growth rate. As a result of meeting the surging demand, more manufacturers are expected to go into this industry.

Global Electric Arc Furnaces Market Region Outlook

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, France, Italy, Spain, U.K., Nordic Countries, Belgium, Russia, Rest of Europe
  • Asia Pacific (China, India, Australia, Japan, South Korea, Australia and New Zealand, Rest of Asia Pacific)
  • Latin America, Middle East & Africa (Brazil, Nigeria, Argentina, South Africa, GCC Countries.
  • Others.

Electric Arc Furnaces Type and Application Sketch

By type

  • DC electric arc furnace
  • AC electric arc furnace

DC electric arc furnace segment occupied the maximum market share and expected to maintain dominance during the forecast period.

By application

  • Industrial
  • Research laboratories

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Electric Arc Furnaces Report provides

  • Potential opportunities and challenges in Electric Arc Furnaces market
  • Current and future market outlook in the developed and emerging markets
  • Detailed analysis of the segment that is expected to dominate the market
  • Regions that are expected to witness the fastest growth during the forecast period
  • Identify the latest developments, market shares, and strategies employed by the major market players
  • Comprehensive & in-depth research and after-sales warranty by GlobalMarketMonitor

Table of Content

1 Report Overview

1.1  Product Definition and Scope

1.2  PEST (Political, Economic, Social and Technological) Analysis of Electric Arc Furnaces Market

2 Market Trends and Competitive Landscape

3 Segmentation of Electric Arc Furnaces Market by Types

4 Segmentation of Electric Arc Furnaces Market by End-Users

5 Market Analysis by Major Regions

6 Product Commodity of Electric Arc Furnaces Market in Major Countries

7 North America Electric Arc Furnaces Landscape Analysis

8 Europe Electric Arc Furnaces Landscape Analysis

9 Asia Pacific Electric Arc Furnaces Landscape Analysis

10 Latin America, Middle East & Africa Electric Arc Furnaces Landscape Analysis  

11 Major Players Profile

11.1 Danieli

11.1.1 Danieli Company Profile and Recent Development

11.1.2 Market Performance

11.1.3 Product and Service Introduction

11.2 Electrotherm

11.3 SMS

11.4 Siemens

11.5 TENOVA

11.6 STEEL PLANTECH

11.7 Doshi

11.8 IHI

11.9 DongXong

11.10 YUEDA

11.11 Nupro Corporation

Target Audience:

  • Electric Arc Furnaces manufacturers
  • Distributors and resellers of Electric Arc Furnaces
  • Electric Arc Furnaces industry associations
  • Product managers, Electric Arc Furnaces industry administrator, C-level executives of the industries
  • Market Research and consulting firms

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