The global walking beam furnace market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 2.2 billion by 2030. The growth of this market is driven by the increasing demand for steel in various industries such as automotive, construction, and infrastructure. The increase in demand for steel has led to an increase in the production of steel which has increased the need for furnaces that can produce high-quality steel at a faster rate than traditional furnaces.
Locapacity furnaces are expected to be the fastest growing segment during the forecast period due to their ability to produce high-quality steel at a faster rate than traditional furnaces and their low maintenance cost.
Some Of The Growth Factors Of This Market:
- One of the key factors driving this market is the increasing demand for steel and other metals.
- One of the key factors hindering this market is high initial investment cost for new entrants into this industry.
- Another factor driving this market is increased demand for energy-efficient products and services due to environmental concerns such as climate change and air pollution caused by fossil fuels combustion, which has led to an increase in investments on renewable energy sources such as solar power and wind power generation facilities that are more environmentally friendly than traditional fossil fuel-based power plants that emit greenhouse gases (GHGs) into the atmosphere contributing to climate change.
Industry Growth Insights published a new data on “Walking Beam Furnace Market”. The research report is titled “Walking Beam Furnace Market research by Types (Low-capacity Furnaces, Medium-capacity Furnaces, High-capacity Furnaces), By Applications (Annealing, Forging, Heating, Stress Relieving, Quenching, Other), By Players/Companies DANIELI, Autotherm Equipments Corporation, BTU, Calderys India, CAN-ENG, Cieffe, Electroheat, E-therm TZ, Fives, Fluidtherm, Forni Industriali Bendotti, HUGUANG Industrial Furnace, Indaid Engineers Private Limited, Keralit, Kleenair Products Co., KROSAKI HARIMA, Lindberg, Nordic Furnaces, Process Heaters, sellacan Industrieofen GmbH, Therm Process, Thermovision Technologies, Tuobang Metallurgical”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Walking Beam Furnace Market Research Report
By Type
Low-capacity Furnaces, Medium-capacity Furnaces, High-capacity Furnaces
By Application
Annealing, Forging, Heating, Stress Relieving, Quenching, Other
By Companies
DANIELI, Autotherm Equipments Corporation, BTU, Calderys India, CAN-ENG, Cieffe, Electroheat, E-therm TZ, Fives, Fluidtherm, Forni Industriali Bendotti, HUGUANG Industrial Furnace, Indaid Engineers Private Limited, Keralit, Kleenair Products Co., KROSAKI HARIMA, Lindberg, Nordic Furnaces, Process Heaters, sellacan Industrieofen GmbH, Therm Process, Thermovision Technologies, Tuobang Metallurgical
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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Walking Beam Furnace Market Report Segments:
The global Walking Beam Furnace market is segmented on the basis of:
Types
Low-capacity Furnaces, Medium-capacity Furnaces, High-capacity 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
Annealing, Forging, Heating, Stress Relieving, Quenching, 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:
- DANIELI
- Autotherm Equipments Corporation
- BTU
- Calderys India
- CAN-ENG
- Cieffe
- Electroheat
- E-therm TZ
- Fives
- Fluidtherm
- Forni Industriali Bendotti
- HUGUANG Industrial Furnace
- Indaid Engineers Private Limited
- Keralit
- Kleenair Products Co.
- KROSAKI HARIMA
- Lindberg
- Nordic Furnaces
- Process Heaters
- sellacan Industrieofen GmbH
- Therm Process
- Thermovision Technologies
- Tuobang Metallurgical
Highlights of The Walking Beam 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:
- Low-capacity Furnaces
- Medium-capacity Furnaces
- High-capacity Furnaces
- By Application:
- Annealing
- Forging
- Heating
- Stress Relieving
- Quenching
- 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 Walking Beam 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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- Correctly Positioning New Products
- Market Entry Strategies
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- Product & Brand Management
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- 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?
A walking beam furnace is a type of furnace used in the production of iron and steel. It consists of a series of long, narrow tubes that are heated by burning coal or coke. The hot air passing through the tubes causes the metal to melt and flow down the tubes into castings or molds.
Some of the key players operating in the walking beam furnace market are DANIELI, Autotherm Equipments Corporation, BTU, Calderys India, CAN-ENG, Cieffe, Electroheat, E-therm TZ, Fives, Fluidtherm, Forni Industriali Bendotti, HUGUANG Industrial Furnace, Indaid Engineers Private Limited, Keralit, Kleenair Products Co., KROSAKI HARIMA, Lindberg, Nordic Furnaces, Process Heaters, sellacan Industrieofen GmbH, Therm Process, Thermovision Technologies, Tuobang Metallurgical.
The walking beam furnace 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. Walking Beam 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. Walking Beam Furnace Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Walking Beam Furnace Market - Supply Chain
4.5. Global Walking Beam Furnace Market Forecast
4.5.1. Walking Beam Furnace Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Walking Beam Furnace Market Size (000 Units) and Y-o-Y Growth
4.5.3. Walking Beam Furnace Market Absolute $ Opportunity
5. Global Walking Beam 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. Walking Beam Furnace Market Size and Volume Forecast by Type
5.3.1. Low-capacity Furnaces
5.3.2. Medium-capacity Furnaces
5.3.3. High-capacity Furnaces
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Walking Beam 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. Walking Beam Furnace Market Size and Volume Forecast by Application
6.3.1. Annealing
6.3.2. Forging
6.3.3. Heating
6.3.4. Stress Relieving
6.3.5. Quenching
6.3.6. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Walking Beam 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. Walking Beam 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 Walking Beam 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. Walking Beam 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 Walking Beam Furnace Demand Share Forecast, 2019-2026
9. North America Walking Beam 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 Walking Beam 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 Walking Beam Furnace Market Size and Volume Forecast by Application
9.4.1. Annealing
9.4.2. Forging
9.4.3. Heating
9.4.4. Stress Relieving
9.4.5. Quenching
9.4.6. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Walking Beam Furnace Market Size and Volume Forecast by Type
9.7.1. Low-capacity Furnaces
9.7.2. Medium-capacity Furnaces
9.7.3. High-capacity 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 Walking Beam Furnace Demand Share Forecast, 2019-2026
10. Latin America Walking Beam 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 Walking Beam 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 Walking Beam Furnace Market Size and Volume Forecast by Application
10.4.1. Annealing
10.4.2. Forging
10.4.3. Heating
10.4.4. Stress Relieving
10.4.5. Quenching
10.4.6. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Walking Beam Furnace Market Size and Volume Forecast by Type
10.7.1. Low-capacity Furnaces
10.7.2. Medium-capacity Furnaces
10.7.3. High-capacity 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 Walking Beam Furnace Demand Share Forecast, 2019-2026
11. Europe Walking Beam 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 Walking Beam 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 Walking Beam Furnace Market Size and Volume Forecast by Application
11.4.1. Annealing
11.4.2. Forging
11.4.3. Heating
11.4.4. Stress Relieving
11.4.5. Quenching
11.4.6. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Walking Beam Furnace Market Size and Volume Forecast by Type
11.7.1. Low-capacity Furnaces
11.7.2. Medium-capacity Furnaces
11.7.3. High-capacity 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 Walking Beam Furnace Demand Share, 2019-2026
12. Asia Pacific Walking Beam 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 Walking Beam 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 Walking Beam Furnace Market Size and Volume Forecast by Application
12.4.1. Annealing
12.4.2. Forging
12.4.3. Heating
12.4.4. Stress Relieving
12.4.5. Quenching
12.4.6. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Walking Beam Furnace Market Size and Volume Forecast by Type
12.7.1. Low-capacity Furnaces
12.7.2. Medium-capacity Furnaces
12.7.3. High-capacity 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 Walking Beam Furnace Demand Share, 2019-2026
13. Middle East & Africa Walking Beam 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 Walking Beam 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 Walking Beam Furnace Market Size and Volume Forecast by Application
13.4.1. Annealing
13.4.2. Forging
13.4.3. Heating
13.4.4. Stress Relieving
13.4.5. Quenching
13.4.6. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Walking Beam Furnace Market Size and Volume Forecast by Type
13.7.1. Low-capacity Furnaces
13.7.2. Medium-capacity Furnaces
13.7.3. High-capacity 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 Walking Beam Furnace Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Walking Beam Furnace Market: Market Share Analysis
14.2. Walking Beam Furnace Distributors and Customers
14.3. Walking Beam Furnace Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. DANIELI
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Autotherm Equipments Corporation
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. BTU
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Calderys India
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. CAN-ENG
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Cieffe
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Electroheat
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. E-therm TZ
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Fives
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Fluidtherm
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Forni Industriali Bendotti
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. HUGUANG Industrial Furnace
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Indaid Engineers Private Limited
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Keralit
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Kleenair Products Co.
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. KROSAKI HARIMA
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Lindberg
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Nordic Furnaces
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Process Heaters
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. sellacan Industrieofen GmbH
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
