Transformers for alternating current electric-arc furnaces (AC EAFs) are utilised throughout the steel industry. They are used to power arc furnaces for the production of steel, which require high levels of power that must also be variable due to the frequent short-circuits, and also to power arc furnaces for the production of special alloys – these alloys often require the deployment of three single-phase furnace transformers instead of a single three-phase transformer.
These transformers must be designed to resist the high levels of electrical, thermal and mechanical stress to which they are subject during utilisation.
The Global Arc Furnace Transformer Market was valued at xxx million USD with a CAGR xx% from 2015-2019. Subsequently, it will touch xxx million USD in 2020 with a CAGR xx % from 2020 - 2026.
It also includes Market size and forecast by each application segment in terms of volume for the period 2021-2026.
In the global Arc Furnace Transformer Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
ABB
Siemens
GE
Toshiba
Areva
XD
TEBA
TWBB
Sunten
TES Transformer Electro
JiangSuXinTeBian
ChangChun Transformer
JinZhouJinKai
TongNiu
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
Resistance Furnace Transformer
Electric Arc Furnace Transformer
Induction Furnace Transformer
In Market segmentation by applications :
Smelt
Heat Treatment
Others
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Arc Furnace Transformer Market for the forecast period 2020 - 2026?
• What are the driving forces in the Arc Furnace Transformer Market for the forecast period 2020 - 2026?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Arc Furnace Transformer industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?