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Global Electric Arc Furnaces Market Research Report 2025
Synopsis
An electric arc furnace is a high-temperature furnace that uses high-voltage electric arcs to make steel. Electric arc furnaces are a feature of the minimills that recycle iron and steel scrap into new steel products. 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.
The Electric Arc Furnaces market covers AC-EAF, DC-EAF, etc. The typical players include Danieli, SMS, Electrotherm, TENOVA, etc.
The global Electric Arc Furnaces market was valued at US$ 641.4 million in 2023 and is anticipated to reach US$ 988.6 million by 2030, witnessing a CAGR of 6.3% during the forecast period 2024-2030.
Danieli, SMS, Electrotherm, TENOVA and Primetals Technologies are the top 5 players of Electric Arc Furnaces, with about 56% market shares.
This report aims to provide a comprehensive presentation of the global market for Electric Arc Furnaces, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electric Arc Furnaces.
Report Scope
The Electric Arc Furnaces market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Electric Arc Furnaces market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Electric Arc Furnaces manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Danieli
SMS
Electrotherm
TENOVA
Primetals Technologies
Steel Plantech
IHI
Doshi
TYMEC
DongXong
Sermak Metal
XiYe Technology Group
Segment by Type
AC-EAF
DC-EAF
Segment by Application
Metal Smelting
Ore Smelting
Others
Production by Region
North America
Europe
Middle East & Africa
Japan
China
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Electric Arc Furnaces manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Electric Arc Furnaces by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Electric Arc Furnaces in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
An electric arc furnace is a high-temperature furnace that uses high-voltage electric arcs to make steel. Electric arc furnaces are a feature of the minimills that recycle iron and steel scrap into new steel products. 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.
The Electric Arc Furnaces market covers AC-EAF, DC-EAF, etc. The typical players include Danieli, SMS, Electrotherm, TENOVA, etc.
The global Electric Arc Furnaces market was valued at US$ 641.4 million in 2023 and is anticipated to reach US$ 988.6 million by 2030, witnessing a CAGR of 6.3% during the forecast period 2024-2030.
Danieli, SMS, Electrotherm, TENOVA and Primetals Technologies are the top 5 players of Electric Arc Furnaces, with about 56% market shares.
This report aims to provide a comprehensive presentation of the global market for Electric Arc Furnaces, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electric Arc Furnaces.
Report Scope
The Electric Arc Furnaces market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Electric Arc Furnaces market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Electric Arc Furnaces manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Danieli
SMS
Electrotherm
TENOVA
Primetals Technologies
Steel Plantech
IHI
Doshi
TYMEC
DongXong
Sermak Metal
XiYe Technology Group
Segment by Type
AC-EAF
DC-EAF
Segment by Application
Metal Smelting
Ore Smelting
Others
Production by Region
North America
Europe
Middle East & Africa
Japan
China
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Electric Arc Furnaces manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Electric Arc Furnaces by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Electric Arc Furnaces in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Electric Arc Furnaces Market Overview
1.1 Product Definition
1.2 Electric Arc Furnaces Segment by Type
1.2.1 Global Electric Arc Furnaces Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 AC-EAF
1.2.3 DC-EAF
1.3 Electric Arc Furnaces Segment by Application
1.3.1 Global Electric Arc Furnaces Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Metal Smelting
1.3.3 Ore Smelting
1.3.4 Others
1.4 Global Market Growth Prospects
1.4.1 Global Electric Arc Furnaces Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Electric Arc Furnaces Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Electric Arc Furnaces Production Estimates and Forecasts (2019-2030)
1.4.4 Global Electric Arc Furnaces Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Electric Arc Furnaces Production Market Share by Manufacturers (2019-2024)
2.2 Global Electric Arc Furnaces Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Electric Arc Furnaces, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Electric Arc Furnaces Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Electric Arc Furnaces Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Electric Arc Furnaces, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Electric Arc Furnaces, Product Offered and Application
2.8 Global Key Manufacturers of Electric Arc Furnaces, Date of Enter into This Industry
2.9 Electric Arc Furnaces Market Competitive Situation and Trends
2.9.1 Electric Arc Furnaces Market Concentration Rate
2.9.2 Global 5 and 10 Largest Electric Arc Furnaces Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Electric Arc Furnaces Production by Region
3.1 Global Electric Arc Furnaces Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Electric Arc Furnaces Production Value by Region (2019-2030)
3.2.1 Global Electric Arc Furnaces Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Electric Arc Furnaces by Region (2025-2030)
3.3 Global Electric Arc Furnaces Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Electric Arc Furnaces Production by Region (2019-2030)
3.4.1 Global Electric Arc Furnaces Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Electric Arc Furnaces by Region (2025-2030)
3.5 Global Electric Arc Furnaces Market Price Analysis by Region (2019-2024)
3.6 Global Electric Arc Furnaces Production and Value, Year-over-Year Growth
3.6.1 North America Electric Arc Furnaces Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Electric Arc Furnaces Production Value Estimates and Forecasts (2019-2030)
3.6.3 Middle East & Africa Electric Arc Furnaces Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Electric Arc Furnaces Production Value Estimates and Forecasts (2019-2030)
3.6.5 China Electric Arc Furnaces Production Value Estimates and Forecasts (2019-2030)
3.6.6 India Electric Arc Furnaces Production Value Estimates and Forecasts (2019-2030)
4 Electric Arc Furnaces Consumption by Region
4.1 Global Electric Arc Furnaces Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Electric Arc Furnaces Consumption by Region (2019-2030)
4.2.1 Global Electric Arc Furnaces Consumption by Region (2019-2024)
4.2.2 Global Electric Arc Furnaces Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Electric Arc Furnaces Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Electric Arc Furnaces Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Electric Arc Furnaces Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Electric Arc Furnaces Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Electric Arc Furnaces Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Electric Arc Furnaces Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Electric Arc Furnaces Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Electric Arc Furnaces Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Electric Arc Furnaces Production by Type (2019-2030)
5.1.1 Global Electric Arc Furnaces Production by Type (2019-2024)
5.1.2 Global Electric Arc Furnaces Production by Type (2025-2030)
5.1.3 Global Electric Arc Furnaces Production Market Share by Type (2019-2030)
5.2 Global Electric Arc Furnaces Production Value by Type (2019-2030)
5.2.1 Global Electric Arc Furnaces Production Value by Type (2019-2024)
5.2.2 Global Electric Arc Furnaces Production Value by Type (2025-2030)
5.2.3 Global Electric Arc Furnaces Production Value Market Share by Type (2019-2030)
5.3 Global Electric Arc Furnaces Price by Type (2019-2030)
6 Segment by Application
6.1 Global Electric Arc Furnaces Production by Application (2019-2030)
6.1.1 Global Electric Arc Furnaces Production by Application (2019-2024)
6.1.2 Global Electric Arc Furnaces Production by Application (2025-2030)
6.1.3 Global Electric Arc Furnaces Production Market Share by Application (2019-2030)
6.2 Global Electric Arc Furnaces Production Value by Application (2019-2030)
6.2.1 Global Electric Arc Furnaces Production Value by Application (2019-2024)
6.2.2 Global Electric Arc Furnaces Production Value by Application (2025-2030)
6.2.3 Global Electric Arc Furnaces Production Value Market Share by Application (2019-2030)
6.3 Global Electric Arc Furnaces Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Danieli
7.1.1 Danieli Electric Arc Furnaces Corporation Information
7.1.2 Danieli Electric Arc Furnaces Product Portfolio
7.1.3 Danieli Electric Arc Furnaces Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Danieli Main Business and Markets Served
7.1.5 Danieli Recent Developments/Updates
7.2 SMS
7.2.1 SMS Electric Arc Furnaces Corporation Information
7.2.2 SMS Electric Arc Furnaces Product Portfolio
7.2.3 SMS Electric Arc Furnaces Production, Value, Price and Gross Margin (2019-2024)
7.2.4 SMS Main Business and Markets Served
7.2.5 SMS Recent Developments/Updates
7.3 Electrotherm
7.3.1 Electrotherm Electric Arc Furnaces Corporation Information
7.3.2 Electrotherm Electric Arc Furnaces Product Portfolio
7.3.3 Electrotherm Electric Arc Furnaces Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Electrotherm Main Business and Markets Served
7.3.5 Electrotherm Recent Developments/Updates
7.4 TENOVA
7.4.1 TENOVA Electric Arc Furnaces Corporation Information
7.4.2 TENOVA Electric Arc Furnaces Product Portfolio
7.4.3 TENOVA Electric Arc Furnaces Production, Value, Price and Gross Margin (2019-2024)
7.4.4 TENOVA Main Business and Markets Served
7.4.5 TENOVA Recent Developments/Updates
7.5 Primetals Technologies
7.5.1 Primetals Technologies Electric Arc Furnaces Corporation Information
7.5.2 Primetals Technologies Electric Arc Furnaces Product Portfolio
7.5.3 Primetals Technologies Electric Arc Furnaces Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Primetals Technologies Main Business and Markets Served
7.5.5 Primetals Technologies Recent Developments/Updates
7.6 Steel Plantech
7.6.1 Steel Plantech Electric Arc Furnaces Corporation Information
7.6.2 Steel Plantech Electric Arc Furnaces Product Portfolio
7.6.3 Steel Plantech Electric Arc Furnaces Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Steel Plantech Main Business and Markets Served
7.6.5 Steel Plantech Recent Developments/Updates
7.7 IHI
7.7.1 IHI Electric Arc Furnaces Corporation Information
7.7.2 IHI Electric Arc Furnaces Product Portfolio
7.7.3 IHI Electric Arc Furnaces Production, Value, Price and Gross Margin (2019-2024)
7.7.4 IHI Main Business and Markets Served
7.7.5 IHI Recent Developments/Updates
7.8 Doshi
7.8.1 Doshi Electric Arc Furnaces Corporation Information
7.8.2 Doshi Electric Arc Furnaces Product Portfolio
7.8.3 Doshi Electric Arc Furnaces Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Doshi Main Business and Markets Served
7.7.5 Doshi Recent Developments/Updates
7.9 TYMEC
7.9.1 TYMEC Electric Arc Furnaces Corporation Information
7.9.2 TYMEC Electric Arc Furnaces Product Portfolio
7.9.3 TYMEC Electric Arc Furnaces Production, Value, Price and Gross Margin (2019-2024)
7.9.4 TYMEC Main Business and Markets Served
7.9.5 TYMEC Recent Developments/Updates
7.10 DongXong
7.10.1 DongXong Electric Arc Furnaces Corporation Information
7.10.2 DongXong Electric Arc Furnaces Product Portfolio
7.10.3 DongXong Electric Arc Furnaces Production, Value, Price and Gross Margin (2019-2024)
7.10.4 DongXong Main Business and Markets Served
7.10.5 DongXong Recent Developments/Updates
7.11 Sermak Metal
7.11.1 Sermak Metal Electric Arc Furnaces Corporation Information
7.11.2 Sermak Metal Electric Arc Furnaces Product Portfolio
7.11.3 Sermak Metal Electric Arc Furnaces Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Sermak Metal Main Business and Markets Served
7.11.5 Sermak Metal Recent Developments/Updates
7.12 XiYe Technology Group
7.12.1 XiYe Technology Group Electric Arc Furnaces Corporation Information
7.12.2 XiYe Technology Group Electric Arc Furnaces Product Portfolio
7.12.3 XiYe Technology Group Electric Arc Furnaces Production, Value, Price and Gross Margin (2019-2024)
7.12.4 XiYe Technology Group Main Business and Markets Served
7.12.5 XiYe Technology Group Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Electric Arc Furnaces Industry Chain Analysis
8.2 Electric Arc Furnaces Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Electric Arc Furnaces Production Mode & Process
8.4 Electric Arc Furnaces Sales and Marketing
8.4.1 Electric Arc Furnaces Sales Channels
8.4.2 Electric Arc Furnaces Distributors
8.5 Electric Arc Furnaces Customers
9 Electric Arc Furnaces Market Dynamics
9.1 Electric Arc Furnaces Industry Trends
9.2 Electric Arc Furnaces Market Drivers
9.3 Electric Arc Furnaces Market Challenges
9.4 Electric Arc Furnaces Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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