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Global Electric Furnace Market Research Report 2025
Synopsis
The global Electric Furnace market was valued at US$ 1928.6 million in 2023 and is anticipated to reach US$ 2573.3 million by 2030, witnessing a CAGR of 4.2% during the forecast period 2024-2030.
North American market for Electric Furnace is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Electric Furnace is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Electric Furnace include Goodman, Unico, Inc., Bryant, Lennox, Trane and ENTEK, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Electric Furnace, 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 Furnace.
Report Scope
The Electric Furnace market size, estimations, and forecasts are provided in terms of output/shipments (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 Furnace 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 Furnace 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
Goodman
Unico, Inc.
Bryant
Lennox
Trane
ENTEK
Segment by Type
Furnace with Evaporator
Furnace without Evaporator
Segment by Application
Residential
Commercial
Production by Region
North America
Europe
China
Japan
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 Furnace manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Electric Furnace 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 Furnace 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.
The global Electric Furnace market was valued at US$ 1928.6 million in 2023 and is anticipated to reach US$ 2573.3 million by 2030, witnessing a CAGR of 4.2% during the forecast period 2024-2030.
North American market for Electric Furnace is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Electric Furnace is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Electric Furnace include Goodman, Unico, Inc., Bryant, Lennox, Trane and ENTEK, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Electric Furnace, 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 Furnace.
Report Scope
The Electric Furnace market size, estimations, and forecasts are provided in terms of output/shipments (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 Furnace 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 Furnace 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
Goodman
Unico, Inc.
Bryant
Lennox
Trane
ENTEK
Segment by Type
Furnace with Evaporator
Furnace without Evaporator
Segment by Application
Residential
Commercial
Production by Region
North America
Europe
China
Japan
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 Furnace manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Electric Furnace 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 Furnace 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 Furnace Market Overview
1.1 Product Definition
1.2 Electric Furnace Segment by Type
1.2.1 Global Electric Furnace Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Furnace with Evaporator
1.2.3 Furnace without Evaporator
1.3 Electric Furnace Segment by Application
1.3.1 Global Electric Furnace Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Residential
1.3.3 Commercial
1.4 Global Market Growth Prospects
1.4.1 Global Electric Furnace Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Electric Furnace Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Electric Furnace Production Estimates and Forecasts (2019-2030)
1.4.4 Global Electric Furnace Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Electric Furnace Production Market Share by Manufacturers (2019-2024)
2.2 Global Electric Furnace Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Electric Furnace, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Electric Furnace Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Electric Furnace Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Electric Furnace, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Electric Furnace, Product Offered and Application
2.8 Global Key Manufacturers of Electric Furnace, Date of Enter into This Industry
2.9 Electric Furnace Market Competitive Situation and Trends
2.9.1 Electric Furnace Market Concentration Rate
2.9.2 Global 5 and 10 Largest Electric Furnace Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Electric Furnace Production by Region
3.1 Global Electric Furnace Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Electric Furnace Production Value by Region (2019-2030)
3.2.1 Global Electric Furnace Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Electric Furnace by Region (2025-2030)
3.3 Global Electric Furnace Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Electric Furnace Production by Region (2019-2030)
3.4.1 Global Electric Furnace Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Electric Furnace by Region (2025-2030)
3.5 Global Electric Furnace Market Price Analysis by Region (2019-2024)
3.6 Global Electric Furnace Production and Value, Year-over-Year Growth
3.6.1 North America Electric Furnace Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Electric Furnace Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Electric Furnace Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Electric Furnace Production Value Estimates and Forecasts (2019-2030)
4 Electric Furnace Consumption by Region
4.1 Global Electric Furnace Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Electric Furnace Consumption by Region (2019-2030)
4.2.1 Global Electric Furnace Consumption by Region (2019-2024)
4.2.2 Global Electric Furnace Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Electric Furnace Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Electric Furnace Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Electric Furnace Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Electric Furnace 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 Furnace Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Electric Furnace 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 Furnace Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Electric Furnace 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 Furnace Production by Type (2019-2030)
5.1.1 Global Electric Furnace Production by Type (2019-2024)
5.1.2 Global Electric Furnace Production by Type (2025-2030)
5.1.3 Global Electric Furnace Production Market Share by Type (2019-2030)
5.2 Global Electric Furnace Production Value by Type (2019-2030)
5.2.1 Global Electric Furnace Production Value by Type (2019-2024)
5.2.2 Global Electric Furnace Production Value by Type (2025-2030)
5.2.3 Global Electric Furnace Production Value Market Share by Type (2019-2030)
5.3 Global Electric Furnace Price by Type (2019-2030)
6 Segment by Application
6.1 Global Electric Furnace Production by Application (2019-2030)
6.1.1 Global Electric Furnace Production by Application (2019-2024)
6.1.2 Global Electric Furnace Production by Application (2025-2030)
6.1.3 Global Electric Furnace Production Market Share by Application (2019-2030)
6.2 Global Electric Furnace Production Value by Application (2019-2030)
6.2.1 Global Electric Furnace Production Value by Application (2019-2024)
6.2.2 Global Electric Furnace Production Value by Application (2025-2030)
6.2.3 Global Electric Furnace Production Value Market Share by Application (2019-2030)
6.3 Global Electric Furnace Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Goodman
7.1.1 Goodman Electric Furnace Corporation Information
7.1.2 Goodman Electric Furnace Product Portfolio
7.1.3 Goodman Electric Furnace Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Goodman Main Business and Markets Served
7.1.5 Goodman Recent Developments/Updates
7.2 Unico, Inc.
7.2.1 Unico, Inc. Electric Furnace Corporation Information
7.2.2 Unico, Inc. Electric Furnace Product Portfolio
7.2.3 Unico, Inc. Electric Furnace Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Unico, Inc. Main Business and Markets Served
7.2.5 Unico, Inc. Recent Developments/Updates
7.3 Bryant
7.3.1 Bryant Electric Furnace Corporation Information
7.3.2 Bryant Electric Furnace Product Portfolio
7.3.3 Bryant Electric Furnace Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Bryant Main Business and Markets Served
7.3.5 Bryant Recent Developments/Updates
7.4 Lennox
7.4.1 Lennox Electric Furnace Corporation Information
7.4.2 Lennox Electric Furnace Product Portfolio
7.4.3 Lennox Electric Furnace Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Lennox Main Business and Markets Served
7.4.5 Lennox Recent Developments/Updates
7.5 Trane
7.5.1 Trane Electric Furnace Corporation Information
7.5.2 Trane Electric Furnace Product Portfolio
7.5.3 Trane Electric Furnace Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Trane Main Business and Markets Served
7.5.5 Trane Recent Developments/Updates
7.6 ENTEK
7.6.1 ENTEK Electric Furnace Corporation Information
7.6.2 ENTEK Electric Furnace Product Portfolio
7.6.3 ENTEK Electric Furnace Production, Value, Price and Gross Margin (2019-2024)
7.6.4 ENTEK Main Business and Markets Served
7.6.5 ENTEK Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Electric Furnace Industry Chain Analysis
8.2 Electric Furnace Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Electric Furnace Production Mode & Process
8.4 Electric Furnace Sales and Marketing
8.4.1 Electric Furnace Sales Channels
8.4.2 Electric Furnace Distributors
8.5 Electric Furnace Customers
9 Electric Furnace Market Dynamics
9.1 Electric Furnace Industry Trends
9.2 Electric Furnace Market Drivers
9.3 Electric Furnace Market Challenges
9.4 Electric Furnace 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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