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Global Industrial Arc Furnaces Market Research Report 2025
Synopsis
A Industrial Arc Furnace is a high-temperature furnace that uses high-voltage electric arcs to make steel. Arc furnaces are a feature of the minimills that recycle iron and steel scrap into new steel products.
The global Industrial Arc Furnaces market was valued at US$ 800 million in 2023 and is anticipated to reach US$ 1248.2 million by 2030, witnessing a CAGR of 5.7% during the forecast period 2024-2030.
Rising investment in direct reduced iron (DRl) production coupled with rising demand for recycled metal parts is likely to spur electric arc furnace market growth over the next few years. The global steel industry is seeking new ways to tackle CO2 emissions.
This report aims to provide a comprehensive presentation of the global market for Industrial 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 Industrial Arc Furnaces.
Report Scope
The Industrial 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 Industrial 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 Industrial 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
Siemens
SMS
Electrotherm
TENOVA
Primetals Technologies
DongXong
Steel Plantech
TYMEC
IHI
Doshi
Sermak Metal
Segment by Type
AC-EAF
DC-EAF
Segment by Application
Metal Smelting
Ore Smelting
Others
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 Industrial 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 Industrial 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 Industrial 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.
A Industrial Arc Furnace is a high-temperature furnace that uses high-voltage electric arcs to make steel. Arc furnaces are a feature of the minimills that recycle iron and steel scrap into new steel products.
The global Industrial Arc Furnaces market was valued at US$ 800 million in 2023 and is anticipated to reach US$ 1248.2 million by 2030, witnessing a CAGR of 5.7% during the forecast period 2024-2030.
Rising investment in direct reduced iron (DRl) production coupled with rising demand for recycled metal parts is likely to spur electric arc furnace market growth over the next few years. The global steel industry is seeking new ways to tackle CO2 emissions.
This report aims to provide a comprehensive presentation of the global market for Industrial 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 Industrial Arc Furnaces.
Report Scope
The Industrial 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 Industrial 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 Industrial 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
Siemens
SMS
Electrotherm
TENOVA
Primetals Technologies
DongXong
Steel Plantech
TYMEC
IHI
Doshi
Sermak Metal
Segment by Type
AC-EAF
DC-EAF
Segment by Application
Metal Smelting
Ore Smelting
Others
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 Industrial 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 Industrial 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 Industrial 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 Industrial Arc Furnaces Market Overview
1.1 Product Definition
1.2 Industrial Arc Furnaces Segment by Type
1.2.1 Global Industrial Arc Furnaces Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 AC-EAF
1.2.3 DC-EAF
1.3 Industrial Arc Furnaces Segment by Application
1.3.1 Global Industrial 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 Industrial Arc Furnaces Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Industrial Arc Furnaces Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Industrial Arc Furnaces Production Estimates and Forecasts (2019-2030)
1.4.4 Global Industrial Arc Furnaces Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Industrial Arc Furnaces Production Market Share by Manufacturers (2019-2024)
2.2 Global Industrial Arc Furnaces Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Industrial Arc Furnaces, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Industrial Arc Furnaces Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Industrial Arc Furnaces Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Industrial Arc Furnaces, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Industrial Arc Furnaces, Product Offered and Application
2.8 Global Key Manufacturers of Industrial Arc Furnaces, Date of Enter into This Industry
2.9 Industrial Arc Furnaces Market Competitive Situation and Trends
2.9.1 Industrial Arc Furnaces Market Concentration Rate
2.9.2 Global 5 and 10 Largest Industrial Arc Furnaces Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Industrial Arc Furnaces Production by Region
3.1 Global Industrial Arc Furnaces Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Industrial Arc Furnaces Production Value by Region (2019-2030)
3.2.1 Global Industrial Arc Furnaces Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Industrial Arc Furnaces by Region (2025-2030)
3.3 Global Industrial Arc Furnaces Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Industrial Arc Furnaces Production by Region (2019-2030)
3.4.1 Global Industrial Arc Furnaces Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Industrial Arc Furnaces by Region (2025-2030)
3.5 Global Industrial Arc Furnaces Market Price Analysis by Region (2019-2024)
3.6 Global Industrial Arc Furnaces Production and Value, Year-over-Year Growth
3.6.1 North America Industrial Arc Furnaces Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Industrial Arc Furnaces Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Industrial Arc Furnaces Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Industrial Arc Furnaces Production Value Estimates and Forecasts (2019-2030)
4 Industrial Arc Furnaces Consumption by Region
4.1 Global Industrial Arc Furnaces Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Industrial Arc Furnaces Consumption by Region (2019-2030)
4.2.1 Global Industrial Arc Furnaces Consumption by Region (2019-2024)
4.2.2 Global Industrial Arc Furnaces Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Industrial Arc Furnaces Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Industrial Arc Furnaces Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Industrial Arc Furnaces Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Industrial 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 Industrial Arc Furnaces Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Industrial 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 Industrial Arc Furnaces Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Industrial 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 Industrial Arc Furnaces Production by Type (2019-2030)
5.1.1 Global Industrial Arc Furnaces Production by Type (2019-2024)
5.1.2 Global Industrial Arc Furnaces Production by Type (2025-2030)
5.1.3 Global Industrial Arc Furnaces Production Market Share by Type (2019-2030)
5.2 Global Industrial Arc Furnaces Production Value by Type (2019-2030)
5.2.1 Global Industrial Arc Furnaces Production Value by Type (2019-2024)
5.2.2 Global Industrial Arc Furnaces Production Value by Type (2025-2030)
5.2.3 Global Industrial Arc Furnaces Production Value Market Share by Type (2019-2030)
5.3 Global Industrial Arc Furnaces Price by Type (2019-2030)
6 Segment by Application
6.1 Global Industrial Arc Furnaces Production by Application (2019-2030)
6.1.1 Global Industrial Arc Furnaces Production by Application (2019-2024)
6.1.2 Global Industrial Arc Furnaces Production by Application (2025-2030)
6.1.3 Global Industrial Arc Furnaces Production Market Share by Application (2019-2030)
6.2 Global Industrial Arc Furnaces Production Value by Application (2019-2030)
6.2.1 Global Industrial Arc Furnaces Production Value by Application (2019-2024)
6.2.2 Global Industrial Arc Furnaces Production Value by Application (2025-2030)
6.2.3 Global Industrial Arc Furnaces Production Value Market Share by Application (2019-2030)
6.3 Global Industrial Arc Furnaces Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Danieli
7.1.1 Danieli Industrial Arc Furnaces Corporation Information
7.1.2 Danieli Industrial Arc Furnaces Product Portfolio
7.1.3 Danieli Industrial 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 Siemens
7.2.1 Siemens Industrial Arc Furnaces Corporation Information
7.2.2 Siemens Industrial Arc Furnaces Product Portfolio
7.2.3 Siemens Industrial Arc Furnaces Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Siemens Main Business and Markets Served
7.2.5 Siemens Recent Developments/Updates
7.3 SMS
7.3.1 SMS Industrial Arc Furnaces Corporation Information
7.3.2 SMS Industrial Arc Furnaces Product Portfolio
7.3.3 SMS Industrial Arc Furnaces Production, Value, Price and Gross Margin (2019-2024)
7.3.4 SMS Main Business and Markets Served
7.3.5 SMS Recent Developments/Updates
7.4 Electrotherm
7.4.1 Electrotherm Industrial Arc Furnaces Corporation Information
7.4.2 Electrotherm Industrial Arc Furnaces Product Portfolio
7.4.3 Electrotherm Industrial Arc Furnaces Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Electrotherm Main Business and Markets Served
7.4.5 Electrotherm Recent Developments/Updates
7.5 TENOVA
7.5.1 TENOVA Industrial Arc Furnaces Corporation Information
7.5.2 TENOVA Industrial Arc Furnaces Product Portfolio
7.5.3 TENOVA Industrial Arc Furnaces Production, Value, Price and Gross Margin (2019-2024)
7.5.4 TENOVA Main Business and Markets Served
7.5.5 TENOVA Recent Developments/Updates
7.6 Primetals Technologies
7.6.1 Primetals Technologies Industrial Arc Furnaces Corporation Information
7.6.2 Primetals Technologies Industrial Arc Furnaces Product Portfolio
7.6.3 Primetals Technologies Industrial Arc Furnaces Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Primetals Technologies Main Business and Markets Served
7.6.5 Primetals Technologies Recent Developments/Updates
7.7 DongXong
7.7.1 DongXong Industrial Arc Furnaces Corporation Information
7.7.2 DongXong Industrial Arc Furnaces Product Portfolio
7.7.3 DongXong Industrial Arc Furnaces Production, Value, Price and Gross Margin (2019-2024)
7.7.4 DongXong Main Business and Markets Served
7.7.5 DongXong Recent Developments/Updates
7.8 Steel Plantech
7.8.1 Steel Plantech Industrial Arc Furnaces Corporation Information
7.8.2 Steel Plantech Industrial Arc Furnaces Product Portfolio
7.8.3 Steel Plantech Industrial Arc Furnaces Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Steel Plantech Main Business and Markets Served
7.7.5 Steel Plantech Recent Developments/Updates
7.9 TYMEC
7.9.1 TYMEC Industrial Arc Furnaces Corporation Information
7.9.2 TYMEC Industrial Arc Furnaces Product Portfolio
7.9.3 TYMEC Industrial 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 IHI
7.10.1 IHI Industrial Arc Furnaces Corporation Information
7.10.2 IHI Industrial Arc Furnaces Product Portfolio
7.10.3 IHI Industrial Arc Furnaces Production, Value, Price and Gross Margin (2019-2024)
7.10.4 IHI Main Business and Markets Served
7.10.5 IHI Recent Developments/Updates
7.11 Doshi
7.11.1 Doshi Industrial Arc Furnaces Corporation Information
7.11.2 Doshi Industrial Arc Furnaces Product Portfolio
7.11.3 Doshi Industrial Arc Furnaces Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Doshi Main Business and Markets Served
7.11.5 Doshi Recent Developments/Updates
7.12 Sermak Metal
7.12.1 Sermak Metal Industrial Arc Furnaces Corporation Information
7.12.2 Sermak Metal Industrial Arc Furnaces Product Portfolio
7.12.3 Sermak Metal Industrial Arc Furnaces Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Sermak Metal Main Business and Markets Served
7.12.5 Sermak Metal Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Industrial Arc Furnaces Industry Chain Analysis
8.2 Industrial Arc Furnaces Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Industrial Arc Furnaces Production Mode & Process
8.4 Industrial Arc Furnaces Sales and Marketing
8.4.1 Industrial Arc Furnaces Sales Channels
8.4.2 Industrial Arc Furnaces Distributors
8.5 Industrial Arc Furnaces Customers
9 Industrial Arc Furnaces Market Dynamics
9.1 Industrial Arc Furnaces Industry Trends
9.2 Industrial Arc Furnaces Market Drivers
9.3 Industrial Arc Furnaces Market Challenges
9.4 Industrial 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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