Market Overview:
The global arc furnace transformer market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for steel and other metals across the globe. Arc furnace transformers are used in electric arc furnaces (EAFs) and induction furnaces (IFs) for melting and heating purposes, respectively. These transformers are available in two types: resistance furnace transformer and electric arc furnace transformer. The former type is used mainly for smelting applications, while the latter type is used mainly for heat treatment applications. Regionally, North America dominates the global arc furnace transformer market followed by Europe and Asia Pacific.
Product Definition:
Arc Furnace Transformer is a transformer that is used to supply power to arc furnaces. Arc furnaces are used in the manufacturing of steel and other metals. The transformer is important because it supplies the power needed to operate the furnace.
Resistance Furnace Transformer:
Resistance furnace transformer is used in the smelting of metals. It's primary function is to step up or step down the voltage before sending it to the power supply. The resistance value of a furnace transformer depends on two factors, namely type and length of circuit.
1) Single-phase - This type has only one winding.
Electric Arc Furnace Transformer:
An electric arc furnace transformer is a device, which is used to step up or step down the voltage before transmitting it to the next stage. It has two main parts; primary and secondary windings. The secondary part consists of several turns of insulated wire, which are connected in series with a protective insulation between each turn.
The primary part consists of an armature wound around an iron core that provides electrical energy to heat the melting pool at high temperature through conduction.
Application Insights:
The heat treatment segment dominated the global market in 2017. The application is projected to witness significant growth over the forecast period owing to its rising demand from various end-use industries, such as automotive and construction. Arc furnaces are widely used for heat treatments in steel manufacturing industry owing to their ability to provide consistent high temperatures required for proper hardening of steel.
The others segment includes applications such as cold working, normalizing and quenching. Arc furnaces are widely used for these processes due to their ability deliver high hardness while reducing or eliminating internal defects of metals and alloys that may lead to cracks or chips during machining process. Induction melting point equipment (IMPE) is a type of electric arc furnace that uses an induction coil system instead of a direct current power supply system like resistance heating systems do.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing steel production in countries such as China, India, Japan, South Korea, and Taiwan. In addition, rising demand for electric vehicles along with growing manufacturing sector will drive the regional market further.
The European region accounted for a significant share of revenue in 2017 owing to high demand from automotive industry coupled with stringent regulations regarding carbon emissions from power plants. Countries such as Germany have increased their usage of arc furnaces due to their superior quality products at low costs compared to other alternatives including induction furnaces and resistance furnace transformers used for smelting process.
In terms of volume consumption.
Growth Factors:
- Increasing demand from the electrical and electronics industry for arc furnace transformers
- Growing investments in infrastructure development
- Rising demand for energy-efficient products
- Technological advancements in transformer manufacturing process
- Growing awareness about the benefits of using arc furnace transformers
Scope Of The Report
Report Attributes
Report Details
Report Title
Arc Furnace Transformer Market Research Report
By Type
Resistance Furnace Transformer, Electric Arc Furnace Transformer, Induction Furnace Transformer
By Application
Smelt, Heat Treatment, Others
By Companies
ABB, Siemens, GE, Toshiba, Orano, XD, TEBA, TWBB, Sunten, TES Transformer Electro, ABB, ChangChun Transformer, JinZhouJinKai, TongNiu
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
179
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Arc Furnace Transformer Market Report Segments:
The global Arc Furnace Transformer market is segmented on the basis of:
Types
Resistance Furnace Transformer, Electric Arc Furnace Transformer, Induction Furnace Transformer
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
Smelt, Heat Treatment, 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
- GE
- Toshiba
- Orano
- XD
- TEBA
- TWBB
- Sunten
- TES Transformer Electro
- ABB
- ChangChun Transformer
- JinZhouJinKai
- TongNiu
Highlights of The Arc Furnace Transformer 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:
- Resistance Furnace Transformer
- Electric Arc Furnace Transformer
- Induction Furnace Transformer
- By Application:
- Smelt
- Heat Treatment
- 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 Arc Furnace Transformer 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
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?
Arc Furnace Transformer is a tool that allows you to easily convert your 3D models into realistic metal textures.
Some of the major companies in the arc furnace transformer market are ABB, Siemens, GE, Toshiba, Orano, XD, TEBA, TWBB, Sunten, TES Transformer Electro, ABB, ChangChun Transformer, JinZhouJinKai, TongNiu.
The arc furnace transformer market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Arc Furnace Transformer Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Arc Furnace Transformer Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Arc Furnace Transformer Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Arc Furnace Transformer Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Arc Furnace Transformer Market Size & Forecast, 2018-2028
4.5.1 Arc Furnace Transformer Market Size and Y-o-Y Growth
4.5.2 Arc Furnace Transformer Market Absolute $ Opportunity
Chapter 5 Global Arc Furnace Transformer Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Arc Furnace Transformer Market Size Forecast by Type
5.2.1 Resistance Furnace Transformer
5.2.2 Electric Arc Furnace Transformer
5.2.3 Induction Furnace Transformer
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Arc Furnace Transformer Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Arc Furnace Transformer Market Size Forecast by Applications
6.2.1 Smelt
6.2.2 Heat Treatment
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Arc Furnace Transformer Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Arc Furnace Transformer Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Arc Furnace Transformer Analysis and Forecast
9.1 Introduction
9.2 North America Arc Furnace Transformer Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Arc Furnace Transformer Market Size Forecast by Type
9.6.1 Resistance Furnace Transformer
9.6.2 Electric Arc Furnace Transformer
9.6.3 Induction Furnace Transformer
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Arc Furnace Transformer Market Size Forecast by Applications
9.10.1 Smelt
9.10.2 Heat Treatment
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Arc Furnace Transformer Analysis and Forecast
10.1 Introduction
10.2 Europe Arc Furnace Transformer Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Arc Furnace Transformer Market Size Forecast by Type
10.6.1 Resistance Furnace Transformer
10.6.2 Electric Arc Furnace Transformer
10.6.3 Induction Furnace Transformer
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Arc Furnace Transformer Market Size Forecast by Applications
10.10.1 Smelt
10.10.2 Heat Treatment
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Arc Furnace Transformer Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Arc Furnace Transformer Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Arc Furnace Transformer Market Size Forecast by Type
11.6.1 Resistance Furnace Transformer
11.6.2 Electric Arc Furnace Transformer
11.6.3 Induction Furnace Transformer
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Arc Furnace Transformer Market Size Forecast by Applications
11.10.1 Smelt
11.10.2 Heat Treatment
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Arc Furnace Transformer Analysis and Forecast
12.1 Introduction
12.2 Latin America Arc Furnace Transformer Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Arc Furnace Transformer Market Size Forecast by Type
12.6.1 Resistance Furnace Transformer
12.6.2 Electric Arc Furnace Transformer
12.6.3 Induction Furnace Transformer
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Arc Furnace Transformer Market Size Forecast by Applications
12.10.1 Smelt
12.10.2 Heat Treatment
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Arc Furnace Transformer Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Arc Furnace Transformer Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Arc Furnace Transformer Market Size Forecast by Type
13.6.1 Resistance Furnace Transformer
13.6.2 Electric Arc Furnace Transformer
13.6.3 Induction Furnace Transformer
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Arc Furnace Transformer Market Size Forecast by Applications
13.10.1 Smelt
13.10.2 Heat Treatment
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Arc Furnace Transformer Market: Competitive Dashboard
14.2 Global Arc Furnace Transformer Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ABB
14.3.2 Siemens
14.3.3 GE
14.3.4 Toshiba
14.3.5 Orano
14.3.6 XD
14.3.7 TEBA
14.3.8 TWBB
14.3.9 Sunten
14.3.10 TES Transformer Electro
14.3.11 ABB
14.3.12 ChangChun Transformer
14.3.13 JinZhouJinKai
14.3.14 TongNiu
