The global electric arc furnace transformers market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of this market is driven by the increasing demand for electric arc furnace transformers in metal smelting and ore smelting applications, owing to their high efficiency and low maintenance cost.
The AC furnaces transformer segment accounted for the largest share of the global electric arc furnace transformers market in 2017, followed by DC furnaces transformer segment. The AC furnaces transformer segment is expected to maintain its dominance throughout the forecast period due to its higher efficiency and lower maintenance cost as compared with DC furnaces transformer segment.
Some Of The Growth Factors Of This Market:
- The increasing demand for steel in the construction industry is one of the major factors driving the growth of this market.
- The increasing demand for electric arc furnaces in developing countries such as China and India is also driving the growth of this market.
- Increasing investments by governments and private companies in developing countries such as China and India are also driving the growth of this market.
- Increasing use of electric arc furnaces in various industries such as steel, aluminum, copper, lead, zinc, nickel and other metals.
Industry Growth Insights published a new data on “Electric Arc Furnaces Transformers (EAF) Market”. The research report is titled “Electric Arc Furnaces Transformers (EAF) Market research by Types (AC Furnace Transformers, DC Furnace Transformers), By Applications (Metal Smelting, Ore Smelting, Others), By Players/Companies ABB, Siemens, STS, Albom Grid Turkey, NATIONAL INDUSTRI (NI), KITASHIBA, GE Grid Solutions, TOSHIBA, Areva, Shenda, Tamini, RICC Europe GmbH, Yixing Xingyi Specialty Transformer Co.,Ltd, Ningbo Ville Enterprise, CG Power and Industrial Solutions Limited, TES, PVJ Power Solutions, Mirzapur Electrical Industries Ltd, High Rise Transformers”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Arc Furnaces Transformers (EAF) Market Research Report
By Type
AC Furnace Transformers, DC Furnace Transformers
By Application
Metal Smelting, Ore Smelting, Others
By Companies
ABB, Siemens, STS, Albom Grid Turkey, NATIONAL INDUSTRI (NI), KITASHIBA, GE Grid Solutions, TOSHIBA, Areva, Shenda, Tamini, RICC Europe GmbH, Yixing Xingyi Specialty Transformer Co.,Ltd, Ningbo Ville Enterprise, CG Power and Industrial Solutions Limited, TES, PVJ Power Solutions, Mirzapur Electrical Industries Ltd, High Rise Transformers
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
 Industry Outlook.svg)
Global Electric Arc Furnaces Transformers (EAF) Market Report Segments:
The global Electric Arc Furnaces Transformers (EAF) market is segmented on the basis of:
Types
AC Furnace Transformers, DC Furnace Transformers
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Metal Smelting, Ore Smelting, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ABB
- Siemens
- STS
- Albom Grid Turkey
- NATIONAL INDUSTRI (NI)
- KITASHIBA
- GE Grid Solutions
- TOSHIBA
- Areva
- Shenda
- Tamini
- RICC Europe GmbH
- Yixing Xingyi Specialty Transformer Co.,Ltd
- Ningbo Ville Enterprise
- CG Power and Industrial Solutions Limited
- TES
- PVJ Power Solutions
- Mirzapur Electrical Industries Ltd
- High Rise Transformers
 Market Overview.svg)
Highlights of The Electric Arc Furnaces Transformers (EAF) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- AC Furnace Transformers
- DC Furnace Transformers
- By Application:
- Metal Smelting
- Ore Smelting
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electric Arc Furnaces Transformers (EAF) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
 Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Electric arc furnaces Transformers (EAF) are used to produce high quality steel. They use an electric arc to melt the metal and then cool it down quickly so that it can be formed into a desired shape.
Some of the key players operating in the electric arc furnaces transformers (eaf) market are ABB, Siemens, STS, Albom Grid Turkey, NATIONAL INDUSTRI (NI), KITASHIBA, GE Grid Solutions, TOSHIBA, Areva, Shenda, Tamini, RICC Europe GmbH, Yixing Xingyi Specialty Transformer Co.,Ltd, Ningbo Ville Enterprise, CG Power and Industrial Solutions Limited, TES, PVJ Power Solutions, Mirzapur Electrical Industries Ltd, High Rise Transformers.
The electric arc furnaces transformers (eaf) market is expected to grow at a compound annual growth rate of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electric Arc Furnaces Transformers (EAF) Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Electric Arc Furnaces Transformers (EAF) Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Electric Arc Furnaces Transformers (EAF) Market - Supply Chain
4.5. Global Electric Arc Furnaces Transformers (EAF) Market Forecast
4.5.1. Electric Arc Furnaces Transformers (EAF) Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electric Arc Furnaces Transformers (EAF) Market Size (000 Units) and Y-o-Y Growth
4.5.3. Electric Arc Furnaces Transformers (EAF) Market Absolute $ Opportunity
5. Global Electric Arc Furnaces Transformers (EAF) Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Electric Arc Furnaces Transformers (EAF) Market Size and Volume Forecast by Type
5.3.1. AC Furnace Transformers
5.3.2. DC Furnace Transformers
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electric Arc Furnaces Transformers (EAF) Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Electric Arc Furnaces Transformers (EAF) Market Size and Volume Forecast by Application
6.3.1. Metal Smelting
6.3.2. Ore Smelting
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electric Arc Furnaces Transformers (EAF) Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Electric Arc Furnaces Transformers (EAF) Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Electric Arc Furnaces Transformers (EAF) Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Electric Arc Furnaces Transformers (EAF) Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Electric Arc Furnaces Transformers (EAF) Demand Share Forecast, 2019-2026
9. North America Electric Arc Furnaces Transformers (EAF) Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Electric Arc Furnaces Transformers (EAF) Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Electric Arc Furnaces Transformers (EAF) Market Size and Volume Forecast by Application
9.4.1. Metal Smelting
9.4.2. Ore Smelting
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electric Arc Furnaces Transformers (EAF) Market Size and Volume Forecast by Type
9.7.1. AC Furnace Transformers
9.7.2. DC Furnace Transformers
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Electric Arc Furnaces Transformers (EAF) Demand Share Forecast, 2019-2026
10. Latin America Electric Arc Furnaces Transformers (EAF) Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Electric Arc Furnaces Transformers (EAF) Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Electric Arc Furnaces Transformers (EAF) Market Size and Volume Forecast by Application
10.4.1. Metal Smelting
10.4.2. Ore Smelting
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electric Arc Furnaces Transformers (EAF) Market Size and Volume Forecast by Type
10.7.1. AC Furnace Transformers
10.7.2. DC Furnace Transformers
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Electric Arc Furnaces Transformers (EAF) Demand Share Forecast, 2019-2026
11. Europe Electric Arc Furnaces Transformers (EAF) Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Electric Arc Furnaces Transformers (EAF) Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Electric Arc Furnaces Transformers (EAF) Market Size and Volume Forecast by Application
11.4.1. Metal Smelting
11.4.2. Ore Smelting
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Electric Arc Furnaces Transformers (EAF) Market Size and Volume Forecast by Type
11.7.1. AC Furnace Transformers
11.7.2 DC Furnace Transformers
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Electric Arc Furnaces Transformers (EAF) Demand Share, 2019-2026
12. Asia Pacific Electric Arc Furnaces Transformers (EAF) Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Electric Arc Furnaces Transformers (EAF) Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Electric Arc Furnaces Transformers (EAF) Market Size and Volume Forecast by Application
12.4.1. Metal Smelting
12.4.2. Ore Smelting
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electric Arc Furnaces Transformers (EAF) Market Size and Volume Forecast by Type
12.7.1. AC Furnace Transformers
12.7.2. DC Furnace Transformers
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Electric Arc Furnaces Transformers (EAF) Demand Share, 2019-2026
13. Middle East & Africa Electric Arc Furnaces Transformers (EAF) Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Electric Arc Furnaces Transformers (EAF) Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Electric Arc Furnaces Transformers (EAF) Market Size and Volume Forecast by Application
13.4.1. Metal Smelting
13.4.2. Ore Smelting
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Electric Arc Furnaces Transformers (EAF) Market Size and Volume Forecast by Type
13.7.1. AC Furnace Transformers
13.7.2. DC Furnace Transformers
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Electric Arc Furnaces Transformers (EAF) Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Electric Arc Furnaces Transformers (EAF) Market: Market Share Analysis
14.2. Electric Arc Furnaces Transformers (EAF) Distributors and Customers
14.3. Electric Arc Furnaces Transformers (EAF) Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ABB
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Siemens
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. STS
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Albom Grid Turkey
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. NATIONAL INDUSTRI (NI)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. KITASHIBA
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. GE Grid Solutions
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. TOSHIBA
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Areva
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Shenda
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Tamini
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. RICC Europe GmbH
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Yixing Xingyi Specialty Transformer Co.,Ltd
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Ningbo Ville Enterprise
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. CG Power and Industrial Solutions Limited
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. TES
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. PVJ Power Solutions
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Mirzapur Electrical Industries Ltd
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. High Rise Transformers
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
