Global Industrial Furnace Market Research Report 2024

SKU ID : QYR- 27681672

No. of pages : 122

Publishing Date : 17-Jun-2024

An industrial furnace, also known as a direct heater or a direct fired heater, is a device used to provide heat for an industrial process, typically higher than 400 degrees Celsius. They are used to provide heat for a process or can serve as reactor which provides heats of reaction. Furnace designs vary as to its function, heating duty, type of fuel and method of introducing combustion air. Heat is generated by an industrial furnace by mixing fuel with air or oxygen, or from electrical energy. The residual heat will exit the furnace as flue gas.

The global Industrial Furnace market was valued at US$ 11910 million in 2023 and is anticipated to reach US$ 19590 million by 2030, witnessing a CAGR of 7.0% during the forecast period 2024-2030.

Global key players of industrial furnace include Andritz, Inductotherm Corp, Danieli, Chugai Ro and Despatch. Global top five manufacturers hold a share about 8%. Europe is the largest market, has a share about 32%, followed by North America, with a share about 26%. Combustion-Type Industrial Furnace is the largest segment, with a share about 63%. And in terms of application, the largest application is Surface Coating, with a share about 41%.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Industrial Furnace, 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 Industrial Furnace.

The Industrial Furnace market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Industrial Furnace market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Industrial Furnace manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Market Segmentation


By Company


Andritz

Danieli

Tenova

Aichelin Group

Chugai Ro

ALD

Inductotherm Corp

SECO/WARWICK

Ipsen

Phoenix Furnace

PVA TePla

Despatch

Nachi-Fujikoshi

Gasbarre Furnace

Mersen

ECM Group

Surface Combustion

CEC

Nutec Group

Sistem Teknik

AVS

Wisconsin Oven

TAV Vacuum

Cieffe(Accu)

by Type

Combustion Type

Electric Type

by Application

Metallurgy

Industrial Processing Heating

Heat Treatment

Surface Coating

Others


Production by Region



North America

Europe

China

Japan


Consumption by Region


North America

U.S.

Canada

Asia-Pacific

China

Japan

South Korea

China Taiwan

Southeast Asia

India

Europe

Germany

France

U.K.

Italy

Russia

Rest of Europe

Latin America, Middle East & Africa

Mexico

Brazil

Turkey

GCC Countries

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Detailed analysis of Industrial Furnace manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.

Chapter 3: Production/output, value of Industrial Furnace by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.

Chapter 4: Consumption of Industrial Furnace 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, and production of each country in the world.

Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

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: The main points and conclusions of the report.


Frequently Asked Questions



This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

  • By product type
  • By End User/Applications
  • By Technology
  • By Region

The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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