The global metal furnace market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth in this market can be attributed to the increasing demand for metal furnaces in various industries such as automotive, mechanical, and consumer electronics. The continuous furnaces segment is expected to dominate the global metal furnace market during the forecast period due to their high efficiency and low maintenance cost. Continuous furnaces are also preferred over batch furnaces due to their ability of producing large quantities of molten metal at a time which reduces production time and cost.
Some Of The Growth Factors Of This Market:
- Metal furnaces are used in various industries such as automotive, aerospace and defense, construction and infrastructure, power generation and transmission, oil & gas exploration & production, mining & quarrying among others for melting metals like steel or aluminum into liquid form before casting them into desired shapes or products such as pipes or sheets for use in various applications such as automobiles or buildings.
Industry Growth Insights published a new data on “Metal Furnace Market”. The research report is titled “Metal Furnace Market research by Types (Batch Furnaces, Continuous Furnaces), By Applications (Automobile, Mechanical, Consumer Electronics, Other), By Players/Companies Cremer, CARBOLITE GERO, ECM GROUP, Nabertherm, Seco/Warwick, BMI Fours Industriels, TAV, The Furnace Source, PVA, Ipsen, TISOMA, Shimadzu, CM Furnaces, Elnik Systems, LLC., Materials Research Furnaces, AVS, Inc, Ningbo Hiper Vacuum Technology Co.,Ltd, Sinterzone, ACME, LINGQI, Haoyue, Jutatech, Meige”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Metal Furnace Market Research Report
By Type
Batch Furnaces, Continuous Furnaces
By Application
Automobile, Mechanical, Consumer Electronics, Other
By Companies
Cremer, CARBOLITE GERO, ECM GROUP, Nabertherm, Seco/Warwick, BMI Fours Industriels, TAV, The Furnace Source, PVA, Ipsen, TISOMA, Shimadzu, CM Furnaces, Elnik Systems, LLC., Materials Research Furnaces, AVS, Inc, Ningbo Hiper Vacuum Technology Co.,Ltd, Sinterzone, ACME, LINGQI, Haoyue, Jutatech, Meige
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Metal Furnace Market Report Segments:
The global Metal Furnace market is segmented on the basis of:
Types
Batch Furnaces, Continuous Furnaces
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
Automobile, Mechanical, Consumer Electronics, Other
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:
- Cremer
- CARBOLITE GERO
- ECM GROUP
- Nabertherm
- Seco/Warwick
- BMI Fours Industriels
- TAV
- The Furnace Source
- PVA
- Ipsen
- TISOMA
- Shimadzu
- CM Furnaces
- Elnik Systems, LLC.
- Materials Research Furnaces
- AVS, Inc
- Ningbo Hiper Vacuum Technology Co.,Ltd
- Sinterzone
- ACME
- LINGQI
- Haoyue
- Jutatech
- Meige
Highlights of The Metal Furnace 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:
- Batch Furnaces
- Continuous Furnaces
- By Application:
- Automobile
- Mechanical
- Consumer Electronics
- Other
- 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 Metal Furnace 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.
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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?
A metal furnace is a large, industrial-grade oven used to melt and cast metals. It typically consists of a series of open hearths that are heated by burning coal or oil. The molten metal is poured into the hearths, where it is cooled and cast into objects such as cars, tools, ornaments, and other pieces of metal furniture.
Some of the major companies in the metal furnace market are Cremer, CARBOLITE GERO, ECM GROUP, Nabertherm, Seco/Warwick, BMI Fours Industriels, TAV, The Furnace Source, PVA, Ipsen, TISOMA, Shimadzu, CM Furnaces, Elnik Systems, LLC., Materials Research Furnaces, AVS, Inc, Ningbo Hiper Vacuum Technology Co.,Ltd, Sinterzone, ACME, LINGQI, Haoyue, Jutatech, Meige.
The metal furnace market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Metal Furnace 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. Metal Furnace Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Metal Furnace Market - Supply Chain
4.5. Global Metal Furnace Market Forecast
4.5.1. Metal Furnace Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Metal Furnace Market Size (000 Units) and Y-o-Y Growth
4.5.3. Metal Furnace Market Absolute $ Opportunity
5. Global Metal Furnace 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. Metal Furnace Market Size and Volume Forecast by Type
5.3.1. Batch Furnaces
5.3.2. Continuous Furnaces
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Metal Furnace 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. Metal Furnace Market Size and Volume Forecast by Application
6.3.1. Automobile
6.3.2. Mechanical
6.3.3. Consumer Electronics
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Metal Furnace 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. Metal Furnace 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 Metal Furnace 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. Metal Furnace 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 Metal Furnace Demand Share Forecast, 2019-2029
9. North America Metal Furnace 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 Metal Furnace 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 Metal Furnace Market Size and Volume Forecast by Application
9.4.1. Automobile
9.4.2. Mechanical
9.4.3. Consumer Electronics
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Metal Furnace Market Size and Volume Forecast by Type
9.7.1. Batch Furnaces
9.7.2. Continuous Furnaces
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 Metal Furnace Demand Share Forecast, 2019-2029
10. Latin America Metal Furnace 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 Metal Furnace 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 Metal Furnace Market Size and Volume Forecast by Application
10.4.1. Automobile
10.4.2. Mechanical
10.4.3. Consumer Electronics
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Metal Furnace Market Size and Volume Forecast by Type
10.7.1. Batch Furnaces
10.7.2. Continuous Furnaces
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 Metal Furnace Demand Share Forecast, 2019-2029
11. Europe Metal Furnace 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 Metal Furnace 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 Metal Furnace Market Size and Volume Forecast by Application
11.4.1. Automobile
11.4.2. Mechanical
11.4.3. Consumer Electronics
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Metal Furnace Market Size and Volume Forecast by Type
11.7.1. Batch Furnaces
11.7.2. Continuous Furnaces
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 Metal Furnace Demand Share, 2019-2029
12. Asia Pacific Metal Furnace 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 Metal Furnace 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 Metal Furnace Market Size and Volume Forecast by Application
12.4.1. Automobile
12.4.2. Mechanical
12.4.3. Consumer Electronics
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Metal Furnace Market Size and Volume Forecast by Type
12.7.1. Batch Furnaces
12.7.2. Continuous Furnaces
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 Metal Furnace Demand Share, 2019-2029
13. Middle East & Africa Metal Furnace 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 Metal Furnace 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 Metal Furnace Market Size and Volume Forecast by Application
13.4.1. Automobile
13.4.2. Mechanical
13.4.3. Consumer Electronics
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Metal Furnace Market Size and Volume Forecast by Type
13.7.1. Batch Furnaces
13.7.2. Continuous Furnaces
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 Metal Furnace Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Metal Furnace Market: Market Share Analysis
14.2. Metal Furnace Distributors and Customers
14.3. Metal Furnace Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Cremer
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. CARBOLITE GERO
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ECM GROUP
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Nabertherm
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Seco/Warwick
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. BMI Fours Industriels
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. TAV
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. The Furnace Source
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. PVA
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Ipsen
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. TISOMA
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Shimadzu
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. CM Furnaces
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Elnik Systems, LLC.
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Materials Research Furnaces
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. AVS, Inc
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Ningbo Hiper Vacuum Technology Co.,Ltd
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Sinterzone
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. ACME
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. LINGQI
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
