Channel Induction Furnaces are commonly used for melting low-melting-point alloys or as a holding and superheating unit. Channel induction furnaces consist of a refractory-lined steel shell that contains molten metal. There are two types of channel furnaces: horizontal and vertical.
This report contains market size and forecasts of Channel Induction Furnaces in global, including the following market information:
Global Channel Induction Furnaces Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Channel Induction Furnaces Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Channel Induction Furnaces companies in 2021 (%)
The global Channel Induction Furnaces market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Horizontal Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Channel Induction Furnaces include Inductotherm Group, Amelt Corporation, Wertli AG, OTTO JUNKER and ABP Induction Systems, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Channel Induction Furnaces manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Channel Induction Furnaces Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Channel Induction Furnaces Market Segment Percentages, by Type, 2021 (%)
Horizontal
Vertical
Global Channel Induction Furnaces Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Channel Induction Furnaces Market Segment Percentages, by Application, 2021 (%)
Large Foundries
Small Foundries
Global Channel Induction Furnaces Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Channel Induction Furnaces Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Channel Induction Furnaces revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Channel Induction Furnaces revenues share in global market, 2021 (%)
Key companies Channel Induction Furnaces sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Channel Induction Furnaces sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Inductotherm Group
Amelt Corporation
Wertli AG
OTTO JUNKER
ABP Induction Systems