
An induction furnace power transformer is used to supply power to an induction furnace, which lowers the high voltage to the lower voltage required for induction furnace applications.
The global Induction Furnace Power Transformers market size is projected to grow from US$ 720 million in 2023 to US$ 1004.7 million in 2030; it is expected to grow at a CAGR of 4.9% from 2024 to 2030.
The “Induction Furnace Power Transformers Industry Forecast” looks at past sales and reviews total world Induction Furnace Power Transformers sales in 2023, providing a comprehensive analysis by region and market sector of projected Induction Furnace Power Transformers sales for 2024 through 2030. With Induction Furnace Power Transformers sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Induction Furnace Power Transformers industry.
This Insight Report provides a comprehensive analysis of the global Induction Furnace Power Transformers landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Induction Furnace Power Transformers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Induction Furnace Power Transformers market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Induction Furnace Power Transformers and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Induction Furnace Power Transformers.
An induction furnace is a heating device similar to a heater or boiler that uses induction to heat a charged material. Induction furnace transformers are used in conjunction with ladle metallurgy stations or electric arc furnaces to convert low current high voltage electrical energy into high current low voltage arcs within the induction furnace to melt certain metals such as steel scrap. The increasing adoption of electric arc furnace transformers in various industries such as the steel industry to melt scrap steel without altering the electrical and chemical properties of the metal is the major driving factor for the market growth. Growing demand for electric furnace transformers in various industrial processes, increasing demand for electric furnace transformers in critical conditions in various industries, growing demand for electric furnace transformers in non-ferrous and ferrous metal industries, and continuous technological advancement in induction furnace transformers are expected to promote The induction furnace transformer market is growing during the forecast period.
This report presents a comprehensive overview, market shares, and growth opportunities of Induction Furnace Power Transformers market by product type, application, key manufacturers and key regions and countries.
Segmentation by type
Oil Filled Transformers
Dry Type Transformers
Segmentation by application
Smelt
Heat Treatment
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ABB
AMELT
Siemens
GE
Toshiba
Electrotherm
Orano
Hitachi
XD
Voltamp
TEBA
Norsk Trafo Service
TWBB
Sunten
TES Transformer Electro
JiangSuXinTeBian
ChangChun Transformer
Key Questions Addressed in this Report
What is the 10-year outlook for the global Induction Furnace Power Transformers market?
What factors are driving Induction Furnace Power Transformers market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Induction Furnace Power Transformers market opportunities vary by end market size?
How does Induction Furnace Power Transformers break out type, application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Induction Furnace Power Transformers Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Induction Furnace Power Transformers by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Induction Furnace Power Transformers by Country/Region, 2019, 2023 & 2030
2.2 Induction Furnace Power Transformers Segment by Type
2.2.1 Oil Filled Transformers
2.2.2 Dry Type Transformers
2.3 Induction Furnace Power Transformers Sales by Type
2.3.1 Global Induction Furnace Power Transformers Sales Market Share by Type (2019-2024)
2.3.2 Global Induction Furnace Power Transformers Revenue and Market Share by Type (2019-2024)
2.3.3 Global Induction Furnace Power Transformers Sale Price by Type (2019-2024)
2.4 Induction Furnace Power Transformers Segment by Application
2.4.1 Smelt
2.4.2 Heat Treatment
2.4.3 Others
2.5 Induction Furnace Power Transformers Sales by Application
2.5.1 Global Induction Furnace Power Transformers Sale Market Share by Application (2019-2024)
2.5.2 Global Induction Furnace Power Transformers Revenue and Market Share by Application (2019-2024)
2.5.3 Global Induction Furnace Power Transformers Sale Price by Application (2019-2024)
3 Global Induction Furnace Power Transformers by Company
3.1 Global Induction Furnace Power Transformers Breakdown Data by Company
3.1.1 Global Induction Furnace Power Transformers Annual Sales by Company (2019-2024)
3.1.2 Global Induction Furnace Power Transformers Sales Market Share by Company (2019-2024)
3.2 Global Induction Furnace Power Transformers Annual Revenue by Company (2019-2024)
3.2.1 Global Induction Furnace Power Transformers Revenue by Company (2019-2024)
3.2.2 Global Induction Furnace Power Transformers Revenue Market Share by Company (2019-2024)
3.3 Global Induction Furnace Power Transformers Sale Price by Company
3.4 Key Manufacturers Induction Furnace Power Transformers Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Induction Furnace Power Transformers Product Location Distribution
3.4.2 Players Induction Furnace Power Transformers Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Induction Furnace Power Transformers by Geographic Region
4.1 World Historic Induction Furnace Power Transformers Market Size by Geographic Region (2019-2024)
4.1.1 Global Induction Furnace Power Transformers Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Induction Furnace Power Transformers Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Induction Furnace Power Transformers Market Size by Country/Region (2019-2024)
4.2.1 Global Induction Furnace Power Transformers Annual Sales by Country/Region (2019-2024)
4.2.2 Global Induction Furnace Power Transformers Annual Revenue by Country/Region (2019-2024)
4.3 Americas Induction Furnace Power Transformers Sales Growth
4.4 APAC Induction Furnace Power Transformers Sales Growth
4.5 Europe Induction Furnace Power Transformers Sales Growth
4.6 Middle East & Africa Induction Furnace Power Transformers Sales Growth
5 Americas
5.1 Americas Induction Furnace Power Transformers Sales by Country
5.1.1 Americas Induction Furnace Power Transformers Sales by Country (2019-2024)
5.1.2 Americas Induction Furnace Power Transformers Revenue by Country (2019-2024)
5.2 Americas Induction Furnace Power Transformers Sales by Type
5.3 Americas Induction Furnace Power Transformers Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Induction Furnace Power Transformers Sales by Region
6.1.1 APAC Induction Furnace Power Transformers Sales by Region (2019-2024)
6.1.2 APAC Induction Furnace Power Transformers Revenue by Region (2019-2024)
6.2 APAC Induction Furnace Power Transformers Sales by Type
6.3 APAC Induction Furnace Power Transformers Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Induction Furnace Power Transformers by Country
7.1.1 Europe Induction Furnace Power Transformers Sales by Country (2019-2024)
7.1.2 Europe Induction Furnace Power Transformers Revenue by Country (2019-2024)
7.2 Europe Induction Furnace Power Transformers Sales by Type
7.3 Europe Induction Furnace Power Transformers Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Induction Furnace Power Transformers by Country
8.1.1 Middle East & Africa Induction Furnace Power Transformers Sales by Country (2019-2024)
8.1.2 Middle East & Africa Induction Furnace Power Transformers Revenue by Country (2019-2024)
8.2 Middle East & Africa Induction Furnace Power Transformers Sales by Type
8.3 Middle East & Africa Induction Furnace Power Transformers Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Induction Furnace Power Transformers
10.3 Manufacturing Process Analysis of Induction Furnace Power Transformers
10.4 Industry Chain Structure of Induction Furnace Power Transformers
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Induction Furnace Power Transformers Distributors
11.3 Induction Furnace Power Transformers Customer
12 World Forecast Review for Induction Furnace Power Transformers by Geographic Region
12.1 Global Induction Furnace Power Transformers Market Size Forecast by Region
12.1.1 Global Induction Furnace Power Transformers Forecast by Region (2025-2030)
12.1.2 Global Induction Furnace Power Transformers Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Induction Furnace Power Transformers Forecast by Type
12.7 Global Induction Furnace Power Transformers Forecast by Application
13 Key Players Analysis
13.1 ABB
13.1.1 ABB Company Information
13.1.2 ABB Induction Furnace Power Transformers Product Portfolios and Specifications
13.1.3 ABB Induction Furnace Power Transformers Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 ABB Main Business Overview
13.1.5 ABB Latest Developments
13.2 AMELT
13.2.1 AMELT Company Information
13.2.2 AMELT Induction Furnace Power Transformers Product Portfolios and Specifications
13.2.3 AMELT Induction Furnace Power Transformers Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 AMELT Main Business Overview
13.2.5 AMELT Latest Developments
13.3 Siemens
13.3.1 Siemens Company Information
13.3.2 Siemens Induction Furnace Power Transformers Product Portfolios and Specifications
13.3.3 Siemens Induction Furnace Power Transformers Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 Siemens Main Business Overview
13.3.5 Siemens Latest Developments
13.4 GE
13.4.1 GE Company Information
13.4.2 GE Induction Furnace Power Transformers Product Portfolios and Specifications
13.4.3 GE Induction Furnace Power Transformers Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 GE Main Business Overview
13.4.5 GE Latest Developments
13.5 Toshiba
13.5.1 Toshiba Company Information
13.5.2 Toshiba Induction Furnace Power Transformers Product Portfolios and Specifications
13.5.3 Toshiba Induction Furnace Power Transformers Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 Toshiba Main Business Overview
13.5.5 Toshiba Latest Developments
13.6 Electrotherm
13.6.1 Electrotherm Company Information
13.6.2 Electrotherm Induction Furnace Power Transformers Product Portfolios and Specifications
13.6.3 Electrotherm Induction Furnace Power Transformers Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 Electrotherm Main Business Overview
13.6.5 Electrotherm Latest Developments
13.7 Orano
13.7.1 Orano Company Information
13.7.2 Orano Induction Furnace Power Transformers Product Portfolios and Specifications
13.7.3 Orano Induction Furnace Power Transformers Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 Orano Main Business Overview
13.7.5 Orano Latest Developments
13.8 Hitachi
13.8.1 Hitachi Company Information
13.8.2 Hitachi Induction Furnace Power Transformers Product Portfolios and Specifications
13.8.3 Hitachi Induction Furnace Power Transformers Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 Hitachi Main Business Overview
13.8.5 Hitachi Latest Developments
13.9 XD
13.9.1 XD Company Information
13.9.2 XD Induction Furnace Power Transformers Product Portfolios and Specifications
13.9.3 XD Induction Furnace Power Transformers Sales, Revenue, Price and Gross Margin (2019-2024)
13.9.4 XD Main Business Overview
13.9.5 XD Latest Developments
13.10 Voltamp
13.10.1 Voltamp Company Information
13.10.2 Voltamp Induction Furnace Power Transformers Product Portfolios and Specifications
13.10.3 Voltamp Induction Furnace Power Transformers Sales, Revenue, Price and Gross Margin (2019-2024)
13.10.4 Voltamp Main Business Overview
13.10.5 Voltamp Latest Developments
13.11 TEBA
13.11.1 TEBA Company Information
13.11.2 TEBA Induction Furnace Power Transformers Product Portfolios and Specifications
13.11.3 TEBA Induction Furnace Power Transformers Sales, Revenue, Price and Gross Margin (2019-2024)
13.11.4 TEBA Main Business Overview
13.11.5 TEBA Latest Developments
13.12 Norsk Trafo Service
13.12.1 Norsk Trafo Service Company Information
13.12.2 Norsk Trafo Service Induction Furnace Power Transformers Product Portfolios and Specifications
13.12.3 Norsk Trafo Service Induction Furnace Power Transformers Sales, Revenue, Price and Gross Margin (2019-2024)
13.12.4 Norsk Trafo Service Main Business Overview
13.12.5 Norsk Trafo Service Latest Developments
13.13 TWBB
13.13.1 TWBB Company Information
13.13.2 TWBB Induction Furnace Power Transformers Product Portfolios and Specifications
13.13.3 TWBB Induction Furnace Power Transformers Sales, Revenue, Price and Gross Margin (2019-2024)
13.13.4 TWBB Main Business Overview
13.13.5 TWBB Latest Developments
13.14 Sunten
13.14.1 Sunten Company Information
13.14.2 Sunten Induction Furnace Power Transformers Product Portfolios and Specifications
13.14.3 Sunten Induction Furnace Power Transformers Sales, Revenue, Price and Gross Margin (2019-2024)
13.14.4 Sunten Main Business Overview
13.14.5 Sunten Latest Developments
13.15 TES Transformer Electro
13.15.1 TES Transformer Electro Company Information
13.15.2 TES Transformer Electro Induction Furnace Power Transformers Product Portfolios and Specifications
13.15.3 TES Transformer Electro Induction Furnace Power Transformers Sales, Revenue, Price and Gross Margin (2019-2024)
13.15.4 TES Transformer Electro Main Business Overview
13.15.5 TES Transformer Electro Latest Developments
13.16 JiangSuXinTeBian
13.16.1 JiangSuXinTeBian Company Information
13.16.2 JiangSuXinTeBian Induction Furnace Power Transformers Product Portfolios and Specifications
13.16.3 JiangSuXinTeBian Induction Furnace Power Transformers Sales, Revenue, Price and Gross Margin (2019-2024)
13.16.4 JiangSuXinTeBian Main Business Overview
13.16.5 JiangSuXinTeBian Latest Developments
13.17 ChangChun Transformer
13.17.1 ChangChun Transformer Company Information
13.17.2 ChangChun Transformer Induction Furnace Power Transformers Product Portfolios and Specifications
13.17.3 ChangChun Transformer Induction Furnace Power Transformers Sales, Revenue, Price and Gross Margin (2019-2024)
13.17.4 ChangChun Transformer Main Business Overview
13.17.5 ChangChun Transformer Latest Developments
14 Research Findings and Conclusion
*If Applicable.
