Electric Furnace transformers are heating installations used for material melting with the help of heat produced by an arc.
This report contains market size and forecasts of Transformers for Electric Furnaces in global, including the following market information:
Global Transformers for Electric Furnaces Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Transformers for Electric Furnaces Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Transformers for Electric Furnaces companies in 2021 (%)
The global Transformers for Electric 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.
AC Electric Furnace Transformers Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Transformers for Electric Furnaces include ABB, Siemens, General Electric, Toshiba, CG, Raychem RPG Private Limited, Tamini Trasformatori S.r.l. and Green Power Co., Ltd., etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Transformers for Electric 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 Transformers for Electric Furnaces Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Transformers for Electric Furnaces Market Segment Percentages, by Type, 2021 (%)
AC Electric Furnace Transformers
DC Electric Furnace Transformers
Global Transformers for Electric Furnaces Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Transformers for Electric Furnaces Market Segment Percentages, by Application, 2021 (%)
Chemicals
Power generation
Oil & gas
Others
Global Transformers for Electric Furnaces Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Transformers for Electric 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 Transformers for Electric Furnaces revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Transformers for Electric Furnaces revenues share in global market, 2021 (%)
Key companies Transformers for Electric Furnaces sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Transformers for Electric Furnaces sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
ABB
Siemens
General Electric
Toshiba
CG
Raychem RPG Private Limited
Tamini Trasformatori S.r.l.
Green Power Co., Ltd.