Industry: Machinery & Equipment
Published Date: 2024-04-19
Pages: 140 Pages
Report ld: 2982973
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Electric Arc Furnaces Market Size(US$)

CAGR 2024-2030
8.3%
Market Size,2030
USD 1,231
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
An electric arc furnace is a high-temperature furnace that uses high-voltage electric arcs to make steel. Electric arc furnaces are a feature of the minimills that recycle iron and steel scrap into new steel products. Arc furnaces range in size from small units of approximately one ton capacity (used in foundries for producing cast iron products) up to about 400 ton units used for secondary steelmaking. The Electric Arc Furnaces market covers AC-EAF, DC-EAF, etc. The typical players include Danieli, SMS, Electrotherm, TENOVA, etc.
The global Electric Arc Furnaces revenue was US$ 713 million in 2023 and is forecast to a readjusted size of US$ 1231 million by 2030 with a CAGR of 8.3% during the review period (2024-2030).
In Japan the Electric Arc Furnaces revenue is expected to grow from US$ million in 2023 to US$ million by 2030, at a CAGR of % during the forecast period (2024-2030).
This report focuses on global and Japan Electric Arc Furnaces market, also covers the segmentation data of other regions in regional level and county level.
The Global key players of Electric Arc Furnaces include Danieli, SMS, TENOVA, etc. The top three players hold a share over 38%. Asia-Pacific is the largest market, and has a share about 58%. In terms of product type, AC-EAF is the largest segment, which occupied for a share of about 83%. For application, Metal Smelting is the largest segment, which has a share about 65%.
Electric Arc Furnaces market is segmented in regional and country level, by players, by Type, and by Application. Companies, stakeholders, and other participants in the global Electric Arc Furnaces market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2019-2030.
For Japan market, this report focuses on the Electric Arc Furnaces market size by players, by Type, and by Application, for the period 2019-2030. The key players include the global and local players which play important roles in Japan.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces Electric Arc Furnaces definition, global sales (volume and revenue), Japan market size, Japan percentage in global market. This section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Provides the analysis of various market segments by Type, covering the volume, price, revenue, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 3: Provides the analysis of various market segments by Application, covering the revenue, price, volume, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 4: Detailed analysis of Electric Arc Furnaces companies’ competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 5: Revenue and volume of Electric Arc Furnaces in global and regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 6: Americas by Type, by Application and by country, sales, and revenue for each segment.
Chapter 7: EMEA by Type, by Application and by region, sales, and revenue for each segment.
Chapter 8: China by Type, and by Application, sales, and revenue for each segment.
Chapter 9: APAC (excluding China) by Type, by Application and by region, sales, and revenue for each segment.
Chapter 10: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Electric Arc Furnaces sales, revenue, gross margin, and recent development, etc.
Chapter 11: Analysis of industrial chain, sales channel, key raw materials, distributors, and customers.
Chapter 12: research findings and conclusion
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
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Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
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All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
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TABLE OF CONTENTS
1 Study Coverage
1.1 Electric Arc Furnaces Product Introduction
1.2 Global Electric Arc Furnaces Outlook 2019 VS 2023 VS 2030
1.2.1 Global Electric Arc Furnaces Sales in US$ Million for the Year 2019-2030
1.2.2 Global Electric Arc Furnaces Sales in Volume for the Year 2019-2030
1.3 Japan Electric Arc Furnaces Outlook 2019 VS 2023 VS 2030
1.3.1 Japan Electric Arc Furnaces Sales in US$ Million for the Year 2019-2030
1.3.2 Japan Electric Arc Furnaces Sales in Volume for the Year 2019-2030
1.4 Electric Arc Furnaces Market Size, Japan VS Global, 2019 VS 2023 VS 2030
1.4.1 The Market Share of Japan Electric Arc Furnaces in Global, 2019 VS 2023 VS 2030
1.4.2 The Growth Rate of Electric Arc Furnaces Market Size, Japan VS Global, 2019 VS 2023 VS 2030
1.5 Electric Arc Furnaces Market Dynamics
1.5.1 Electric Arc Furnaces Industry Trends
1.5.2 Electric Arc Furnaces Market Drivers
1.5.3 Electric Arc Furnaces Market Challenges
1.5.4 Electric Arc Furnaces Market Restraints
1.6 Assumptions and Limitations
1.7 Study Objectives
1.8 Years Considered
2 Electric Arc Furnaces by Type
2.1 Electric Arc Furnaces Market by Type
2.1.1 AC-EAF
2.1.2 DC-EAF
2.2 Global Electric Arc Furnaces Market Size by Type
2.2.1 Global Electric Arc Furnaces Sales in Value, by Type (2019, 2023 & 2030)
2.2.2 Global Electric Arc Furnaces Sales in Volume, by Type (2019, 2023 & 2030)
2.2.3 Global Electric Arc Furnaces Average Selling Price (ASP) by Type (2019, 2023 & 2030)
2.3 Japan Electric Arc Furnaces Market Size by Type
2.3.1 Japan Electric Arc Furnaces Sales in Value, by Type (2019, 2023 & 2030)
2.3.2 Japan Electric Arc Furnaces Sales in Volume, by Type (2019, 2023 & 2030)
2.3.3 Japan Electric Arc Furnaces Average Selling Price (ASP) by Type (2019, 2023 & 2030)
3 Electric Arc Furnaces by Application
3.1 Electric Arc Furnaces Market by Application
3.1.1 Metal Smelting
3.1.2 Ore Smelting
3.1.3 Others
3.2 Global Electric Arc Furnaces Market Size by Application
3.2.1 Global Electric Arc Furnaces Sales in Value, by Application (2019, 2023 & 2030)
3.2.2 Global Electric Arc Furnaces Sales in Volume, by Application (2019, 2023 & 2030)
3.2.3 Global Electric Arc Furnaces Average Selling Price (ASP) by Application (2019, 2023 & 2030)
3.3 Japan Electric Arc Furnaces Market Size by Application
3.3.1 Japan Electric Arc Furnaces Sales in Value, by Application (2019, 2023 & 2030)
3.3.2 Japan Electric Arc Furnaces Sales in Volume, by Application (2019, 2023 & 2030)
3.3.3 Japan Electric Arc Furnaces Average Selling Price (ASP) by Application (2019, 2023 & 2030)
4 Global Electric Arc Furnaces Competitor Landscape by Company
4.1 Global Electric Arc Furnaces Market Size by Company
4.1.1 Global Key Manufacturers of Electric Arc Furnaces, Ranked by Revenue (2023)
4.1.2 Global Electric Arc Furnaces Revenue by Manufacturer (2019-2024)
4.1.3 Global Electric Arc Furnaces Sales by Manufacturer (2019-2024)
4.1.4 Global Electric Arc Furnaces Price by Manufacturer (2019-2024)
4.2 Global Electric Arc Furnaces Concentration Ratio (CR)
4.2.1 Electric Arc Furnaces Market Concentration Ratio (CR) (2019-2024)
4.2.2 Global Top 5 and Top 10 Largest Manufacturers of Electric Arc Furnaces in 2023
4.2.3 Global Electric Arc Furnaces Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.3 Global Key Manufacturers of Electric Arc Furnaces, Manufacturing Base Distribution and Headquarters
4.4 Global Key Manufacturers of Electric Arc Furnaces, Product Offered and Application
4.5 Global Key Manufacturers of Electric Arc Furnaces, Date of Enter into This Industry
4.6 Manufacturers Mergers & Acquisitions, Expansion Plans
4.7 Japan Electric Arc Furnaces Market Size by Company
4.7.1 Key Players of Electric Arc Furnaces in Japan, Ranked by Revenue (2023)
4.7.2 Japan Electric Arc Furnaces Revenue by Players (2019-2024)
4.7.3 Japan Electric Arc Furnaces Sales by Players (2019-2024)
5 Global Electric Arc Furnaces Market Size by Region
5.1 Global Electric Arc Furnaces Market Size by Region: 2019 VS 2023 VS 2030
5.2 Global Electric Arc Furnaces Market Size in Volume by Region (2019-2030)
5.2.1 Global Electric Arc Furnaces Sales in Volume by Region: 2019-2024
5.2.2 Global Electric Arc Furnaces Sales in Volume Forecast by Region (2025-2030)
5.3 Global Electric Arc Furnaces Market Size in Value by Region (2019-2030)
5.3.1 Global Electric Arc Furnaces Sales in Value by Region: 2019-2024
5.3.2 Global Electric Arc Furnaces Sales in Value by Region: 2025-2030
6 Americas
6.1 Americas Electric Arc Furnaces Market Size YoY Growth 2019-2030
6.2 Americas Electric Arc Furnaces Sales in Volume, by Type (2019, 2023 & 2030)
6.3 Americas Electric Arc Furnaces Sales in Volume, by Application (2019, 2023 & 2030)
6.4 Americas Electric Arc Furnaces Market Facts & Figures by Country (2019, 2023 & 2030)
6.4.1 Americas Electric Arc Furnaces Sales in Value by Country (2019, 2023 & 2030)
6.4.2 Americas Electric Arc Furnaces Sales in Volume by Country (2019, 2023 & 2030)
6.4.3 United States
6.4.4 Canada
6.4.5 Mexico
6.4.6 Brazil
7 EMEA
7.1 EMEA Electric Arc Furnaces Market Size YoY Growth 2019-2030
7.2 EMEA Electric Arc Furnaces Sales in Volume, by Type (2019, 2023 & 2030)
7.3 EMEA Electric Arc Furnaces Sales in Volume, by Application (2019, 2023 & 2030)
7.4 EMEA Electric Arc Furnaces Market Facts & Figures by Country (2019, 2023 & 2030)
7.4.1 EMEA Electric Arc Furnaces Sales in Value by Country (2019, 2023 & 2030)
7.4.2 EMEA Electric Arc Furnaces Sales in Volume by Country (2019, 2023 & 2030)
7.4.3 Europe
7.4.4 Middle East
7.4.5 Africa
8 China
8.1 China Electric Arc Furnaces Market Size YoY Growth 2019-2030
8.2 China Electric Arc Furnaces Sales in Volume, by Type (2019, 2023 & 2030)
8.3 China Electric Arc Furnaces Sales in Volume, by Application (2019, 2023 & 2030)
9 APAC
9.1 APAC Electric Arc Furnaces Market Size YoY Growth 2019-2030
9.2 APAC Electric Arc Furnaces Sales in Volume, by Type (2019, 2023 & 2030)
9.3 APAC Electric Arc Furnaces Sales in Volume, by Application (2019, 2023 & 2030)
9.4 APAC Electric Arc Furnaces Market Facts & Figures by Country (2019, 2023 & 2030)
9.4.1 APAC Electric Arc Furnaces Sales in Value by Country (2019, 2023 & 2030)
9.4.2 APAC Electric Arc Furnaces Sales in Volume by Country (2019, 2023 & 2030)
9.4.3 Japan
9.4.4 South Korea
9.4.5 China Taiwan
9.4.6 Southeast Asia
9.4.7 India
10 Company Profiles
10.1 Danieli
10.1.1 Danieli Company Information
10.1.2 Danieli Description and Business Overview
10.1.3 Danieli Electric Arc Furnaces Sales, Revenue and Gross Margin (2019-2024)
10.1.4 Danieli Electric Arc Furnaces Products Offered
10.1.5 Danieli Recent Development
10.2 SMS
10.2.1 SMS Company Information
10.2.2 SMS Description and Business Overview
10.2.3 SMS Electric Arc Furnaces Sales, Revenue and Gross Margin (2019-2024)
10.2.4 SMS Electric Arc Furnaces Products Offered
10.2.5 SMS Recent Development
10.3 TENOVA
10.3.1 TENOVA Company Information
10.3.2 TENOVA Description and Business Overview
10.3.3 TENOVA Electric Arc Furnaces Sales, Revenue and Gross Margin (2019-2024)
10.3.4 TENOVA Electric Arc Furnaces Products Offered
10.3.5 TENOVA Recent Development
10.4 Steel Plantech
10.4.1 Steel Plantech Company Information
10.4.2 Steel Plantech Description and Business Overview
10.4.3 Steel Plantech Electric Arc Furnaces Sales, Revenue and Gross Margin (2019-2024)
10.4.4 Steel Plantech Electric Arc Furnaces Products Offered
10.4.5 Steel Plantech Recent Development
10.5 Electrotherm
10.5.1 Electrotherm Company Information
10.5.2 Electrotherm Description and Business Overview
10.5.3 Electrotherm Electric Arc Furnaces Sales, Revenue and Gross Margin (2019-2024)
10.5.4 Electrotherm Electric Arc Furnaces Products Offered
10.5.5 Electrotherm Recent Development
10.6 IHI
10.6.1 IHI Company Information
10.6.2 IHI Description and Business Overview
10.6.3 IHI Electric Arc Furnaces Sales, Revenue and Gross Margin (2019-2024)
10.6.4 IHI Electric Arc Furnaces Products Offered
10.6.5 IHI Recent Development
10.7 Primetals Technologies
10.7.1 Primetals Technologies Company Information
10.7.2 Primetals Technologies Description and Business Overview
10.7.3 Primetals Technologies Electric Arc Furnaces Sales, Revenue and Gross Margin (2019-2024)
10.7.4 Primetals Technologies Electric Arc Furnaces Products Offered
10.7.5 Primetals Technologies Recent Development
10.8 TYMEC
10.8.1 TYMEC Company Information
10.8.2 TYMEC Description and Business Overview
10.8.3 TYMEC Electric Arc Furnaces Sales, Revenue and Gross Margin (2019-2024)
10.8.4 TYMEC Electric Arc Furnaces Products Offered
10.8.5 TYMEC Recent Development
10.9 DongXong
10.9.1 DongXong Company Information
10.9.2 DongXong Description and Business Overview
10.9.3 DongXong Electric Arc Furnaces Sales, Revenue and Gross Margin (2019-2024)
10.9.4 DongXong Electric Arc Furnaces Products Offered
10.9.5 DongXong Recent Development
10.10 Sermak Metal
10.10.1 Sermak Metal Company Information
10.10.2 Sermak Metal Description and Business Overview
10.10.3 Sermak Metal Electric Arc Furnaces Sales, Revenue and Gross Margin (2019-2024)
10.10.4 Sermak Metal Electric Arc Furnaces Products Offered
10.10.5 Sermak Metal Recent Development
10.11 XiYe Technology Group
10.11.1 XiYe Technology Group Company Information
10.11.2 XiYe Technology Group Description and Business Overview
10.11.3 XiYe Technology Group Electric Arc Furnaces Sales, Revenue and Gross Margin (2019-2024)
10.11.4 XiYe Technology Group Electric Arc Furnaces Products Offered
10.11.5 XiYe Technology Group Recent Development
10.12 Doshi
10.12.1 Doshi Company Information
10.12.2 Doshi Description and Business Overview
10.12.3 Doshi Electric Arc Furnaces Sales, Revenue and Gross Margin (2019-2024)
10.12.4 Doshi Electric Arc Furnaces Products Offered
10.12.5 Doshi Recent Development
10.13 Xi'an Huachang Metallurgical Technology
10.13.1 Xi'an Huachang Metallurgical Technology Company Information
10.13.2 Xi'an Huachang Metallurgical Technology Description and Business Overview
10.13.3 Xi'an Huachang Metallurgical Technology Electric Arc Furnaces Sales, Revenue and Gross Margin (2019-2024)
10.13.4 Xi'an Huachang Metallurgical Technology Electric Arc Furnaces Products Offered
10.13.5 Xi'an Huachang Metallurgical Technology Recent Development
10.14 CVS Technologies
10.14.1 CVS Technologies Company Information
10.14.2 CVS Technologies Description and Business Overview
10.14.3 CVS Technologies Electric Arc Furnaces Sales, Revenue and Gross Margin (2019-2024)
10.14.4 CVS Technologies Electric Arc Furnaces Products Offered
10.14.5 CVS Technologies Recent Development
11 Industry Chain and Sales Channels Analysis
11.1 Electric Arc Furnaces Industry Chain Analysis
11.2 Electric Arc Furnaces Key Raw Materials
11.2.1 Key Raw Materials
11.2.2 Raw Materials Key Suppliers
11.3 Electric Arc Furnaces Production Mode & Process
11.4 Electric Arc Furnaces Sales and Marketing
11.4.1 Electric Arc Furnaces Sales Channels
11.4.2 Electric Arc Furnaces Distributors
11.5 Electric Arc Furnaces Customers
12 Research Findings and Conclusion
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
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