The multinational Induction Melting Furnaces market had reached xxx million USD with a CAGR xx from 2015-2019. Later on, it will go to xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
An induction melting furnace is an electric melting furnace in which heat is applied by inductively heating or melting a metal. Induction melting furnaces range in capacity from less than one kilogram to one hundred tons for melting iron and steel, copper, aluminum and precious metals.
In the global Induction Melting Furnaces 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-
Inductotherm Group
Amelt Corporation
ECM Technologies
Electrotherm
ABP Induction Systems
Magnalenz
Carant S.r.l.
Autotherm Equipments
MIT
Corroco International Industrial
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 :
Capacity: <10 Tons
Capacity: 10-30 Tons
Capacity: 30-50 Tons
Capacity: >50 Tons
In market segmentation by applications :
Automotive Industry
Mechanical Engineering
Energy Industry
Construction Industry
Other
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Induction Melting Furnaces market for the forecast period 2020 - 2025?
• What are the driving forces in the Induction Melting Furnaces market for the forecast period 2020 - 2025?
• 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 Induction Melting Furnaces 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?