Electric Furnace Transformer Market

The basic function of the electric furnace transformer is to supply power to the furnace itself. This can lower the high voltage capacity to a lower voltage output.
Electric Furnace Transformer Market aims to provide a comprehensive presentation of the global market for Electric Furnace Transformer, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electric Furnace Transformer. Electric Furnace Transformer Market contains market size and forecasts of Electric Furnace Transformer in global, including the following market information:
Global Electric Furnace Transformer Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Electric Furnace Transformer Market Sales, 2018-2023, 2024-2029, (Unit)
Global top five Electric Furnace Transformer companies in 2022 (%)
The global Electric Furnace Transformer market was valued at US$ 911.6 million in 2022 and is projected to reach US$ 1185.8 million by 2029, at a CAGR of 3.8% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
For the Electric Furnace Transformer industry, the market is low concentrated. Siemens, Sanding, ABB and GE are the leader companies globally. The global key 18 players accounted for about 72% of the market.
The sales market for Electric Furnace Transformer can be divided into five geographic regions. Asia-Pacific occupied the largest sales market share with about 54% in 2019. It is followed by Europe and North America.
We surveyed the Electric Furnace Transformer 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 Electric Furnace Transformer Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Unit)
Global Electric Furnace Transformer Market Segment Percentages, by Type, 2022 (%)
Less than 30 MVA
30-80 MVA
More than 80 MVA
Global Electric Furnace Transformer Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Unit)
Global Electric Furnace Transformer Market Segment Percentages, by Application, 2022 (%)
Steelmaking
Ferroalloy Production
Others
Global Electric Furnace Transformer Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Unit)
Global Electric Furnace Transformer Market Segment Percentages, By Region and Country, 2022 (%)
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 Electric Furnace Transformer revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Electric Furnace Transformer revenues share in global market, 2022 (%)
Key companies Electric Furnace Transformer sales in global market, 2018-2023 (Estimated), (Unit)
Key companies Electric Furnace Transformer sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Siemens
Sanding
ABB
GE
China XD Electric
Tamini
Uralelectrotyazhmash
TEBA
Electrotherm
Shenda
Kitashiba Electric
Hyundai
Liuzhou Special Transformers
Voltamp Transformers Ltd
Yixing Xingyi
Hammond Power Solutions Pvt. Ltd
JiangSu XinTeBian
Fuji Tusco Co., Ltd
Outline of Major Chapters:
Chapter 1: Introduces the definition of Electric Furnace Transformer, market overview.
Chapter 2: Global Electric Furnace Transformer market size in revenue and volume.
Chapter 3: Detailed analysis of Electric Furnace Transformer manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Electric Furnace Transformer in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Electric Furnace Transformer capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.