The global market for Electric Arc Furnaces was estimated at US$ 712.77 million in the year 2023, is projected to reach a revised size of US$ 1,231.34 million by 2030, growing at a CAGR of 8.25% during the forecast period 2024-2030.
North American market for Electric Arc Furnaces was valued at $ 99.33 million in 2023 and will reach $ 141.92 million by 2030, at a CAGR of 7.10% during the forecast period of 2024 through 2030.
Asia-Pacific market for Electric Arc Furnaces was valued at $ 414.70 million in 2023 and will reach $ 771.81 million by 2030, at a CAGR of 9.08% during the forecast period of 2024 through 2030.
Europe market for Electric Arc Furnaces was valued at $ 145.29 million in 2023 and will reach $ 221.52 million by 2030, at a CAGR of 6.61% during the forecast period of 2024 through 2030.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Electric Arc Furnaces, 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 Arc Furnaces.
The Electric Arc Furnaces market size, estimations, and forecasts are provided in terms of sales volume (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 Electric Arc Furnaces 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.
This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Electric Arc Furnaces market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
Market Segmentation
This report covers the Electric Arc Furnaces segments by manufacturers, by Type, by Application, by region and country, and provides market size (value, volume and average price) and CAGR for the history and forecast period (2019-2023, 2024-2030), considering 2023 as the base year. It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
By Company
- Danieli
- SMS
- TENOVA
- Steel Plantech
- Electrotherm
- IHI
- Primetals Technologies
- TYMEC
- DongXong
- Sermak Metal
- XiYe Technology Group
- Doshi
- Xi'an Huachang Metallurgical Technology
- CVS Technologies
Segment by Type
Segment by Application
- Metal Smelting
- Ore Smelting
- Others
By Region
- Asia-Pacific
- China
- Japan
- South Korea
- China Taiwan
- India
- Southeast Asia
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
Chapter Outline
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter Two: Detailed analysis of Electric Arc Furnaces manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Electric Arc Furnaces in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Table of Contents
1 Electric Arc Furnaces Market Overview
- 1.1 Electric Arc Furnaces Product Overview
- 1.2 Electric Arc Furnaces Market by Type
- 1.2.1 AC-EAF
- 1.2.2 DC-EAF
- 1.3 Global Electric Arc Furnaces Market Size by Type
- 1.3.1 Global Electric Arc Furnaces Market Size Overview by Type (2019-2030)
- 1.3.2 Global Electric Arc Furnaces Historic Market Size Review by Type (2019-2024)
- 1.3.3 Global Electric Arc Furnaces Forecasted Market Size by Type (2025-2030)
- 1.4 Key Regions Market Size by Type
- 1.4.1 North America Electric Arc Furnaces Sales Breakdown by Type (2019-2024)
- 1.4.2 Europe Electric Arc Furnaces Sales Breakdown by Type (2019-2024)
- 1.4.3 Asia-Pacific Electric Arc Furnaces Sales Breakdown by Type (2019-2024)
- 1.4.4 Latin America Electric Arc Furnaces Sales Breakdown by Type (2019-2024)
- 1.4.5 Middle East and Africa Electric Arc Furnaces Sales Breakdown by Type (2019-2024)
2 Electric Arc Furnaces Market Competition by Company
- 2.1 Global Top Players by Electric Arc Furnaces Sales (2019-2024)
- 2.2 Global Top Players by Electric Arc Furnaces Revenue (2019-2024)
- 2.3 Global Top Players by Electric Arc Furnaces Price (2019-2024)
- 2.4 Global Top Manufacturers Electric Arc Furnaces Manufacturing Base Distribution and Sales Area
- 2.5 Electric Arc Furnaces Market Competitive Situation and Trends
- 2.5.1 Electric Arc Furnaces Market Concentration Rate (2019-2024)
- 2.5.2 Global 5 and 10 Largest Manufacturers by Electric Arc Furnaces Sales and Revenue in 2023
- 2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Electric Arc Furnaces as of 2023)
- 2.7 Established Date of Key Electric Arc Furnaces Manufacturers
- 2.8 Mergers & Acquisitions, Expansion
3 Electric Arc Furnaces Status and Outlook by Region
- 3.1 Global Electric Arc Furnaces Market Size and CAGR by Region: 2019 VS 2023 VS 2030
- 3.2 Global Electric Arc Furnaces Historic Market Size by Region
- 3.2.1 Global Electric Arc Furnaces Sales in Volume by Region (2019-2024)
- 3.2.2 Global Electric Arc Furnaces Sales in Value by Region (2019-2024)
- 3.2.3 Global Electric Arc Furnaces Sales (Volume & Value), Price and Gross Margin (2019-2024)
- 3.3 Global Electric Arc Furnaces Forecasted Market Size by Region
- 3.3.1 Global Electric Arc Furnaces Sales in Volume by Region (2025-2030)
- 3.3.2 Global Electric Arc Furnaces Sales in Value by Region (2025-2030)
- 3.3.3 Global Electric Arc Furnaces Sales (Volume & Value), Price and Gross Margin (2025-2030)
4 Electric Arc Furnaces by Application
- 4.1 Electric Arc Furnaces Market by Application
- 4.1.1 Metal Smelting
- 4.1.2 Ore Smelting
- 4.1.3 Others
- 4.2 Global Electric Arc Furnaces Market Size by Application
- 4.2.1 Global Electric Arc Furnaces Market Size Overview by Application (2019-2030)
- 4.2.2 Global Electric Arc Furnaces Historic Market Size Review by Application (2019-2024)
- 4.2.3 Global Electric Arc Furnaces Forecasted Market Size by Application (2025-2030)
- 4.3 Key Regions Market Size by Application
- 4.3.1 North America Electric Arc Furnaces Sales Breakdown by Application (2019-2024)
- 4.3.2 Europe Electric Arc Furnaces Sales Breakdown by Application (2019-2024)
- 4.3.3 Asia-Pacific Electric Arc Furnaces Sales Breakdown by Application (2019-2024)
- 4.3.4 Latin America Electric Arc Furnaces Sales Breakdown by Application (2019-2024)
- 4.3.5 Middle East and Africa Electric Arc Furnaces Sales Breakdown by Application (2019-2024)
5 North America Electric Arc Furnaces by Country
- 5.1 North America Electric Arc Furnaces Historic Market Size by Country
- 5.1.1 North America Electric Arc Furnaces Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
- 5.1.2 North America Electric Arc Furnaces Sales in Volume by Country (2019-2024)
- 5.1.3 North America Electric Arc Furnaces Sales in Value by Country (2019-2024)
- 5.2 North America Electric Arc Furnaces Forecasted Market Size by Country
- 5.2.1 North America Electric Arc Furnaces Sales in Volume by Country (2025-2030)
- 5.2.2 North America Electric Arc Furnaces Sales in Value by Country (2025-2030)
6 Europe Electric Arc Furnaces by Country
- 6.1 Europe Electric Arc Furnaces Historic Market Size by Country
- 6.1.1 Europe Electric Arc Furnaces Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
- 6.1.2 Europe Electric Arc Furnaces Sales in Volume by Country (2019-2024)
- 6.1.3 Europe Electric Arc Furnaces Sales in Value by Country (2019-2024)
- 6.2 Europe Electric Arc Furnaces Forecasted Market Size by Country
- 6.2.1 Europe Electric Arc Furnaces Sales in Volume by Country (2025-2030)
- 6.2.2 Europe Electric Arc Furnaces Sales in Value by Country (2025-2030)
7 Asia-Pacific Electric Arc Furnaces by Region
- 7.1 Asia-Pacific Electric Arc Furnaces Historic Market Size by Region
- 7.1.1 Asia-Pacific Electric Arc Furnaces Market Size Growth Rate (CAGR) by Region: 2019 VS 2023 VS 2030
- 7.1.2 Asia-Pacific Electric Arc Furnaces Sales in Volume by Region (2019-2024)
- 7.1.3 Asia-Pacific Electric Arc Furnaces Sales in Value by Region (2019-2024)
- 7.2 Asia-Pacific Electric Arc Furnaces Forecasted Market Size by Region
- 7.2.1 Asia-Pacific Electric Arc Furnaces Sales in Volume by Region (2025-2030)
- 7.2.2 Asia-Pacific Electric Arc Furnaces Sales in Value by Region (2025-2030)
8 Latin America Electric Arc Furnaces by Country
- 8.1 Latin America Electric Arc Furnaces Historic Market Size by Country
- 8.1.1 Latin America Electric Arc Furnaces Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
- 8.1.2 Latin America Electric Arc Furnaces Sales in Volume by Country (2019-2024)
- 8.1.3 Latin America Electric Arc Furnaces Sales in Value by Country (2019-2024)
- 8.2 Latin America Electric Arc Furnaces Forecasted Market Size by Country
- 8.2.1 Latin America Electric Arc Furnaces Sales in Volume by Country (2025-2030)
- 8.2.2 Latin America Electric Arc Furnaces Sales in Value by Country (2025-2030)
9 Middle East and Africa Electric Arc Furnaces by Country
- 9.1 Middle East and Africa Electric Arc Furnaces Historic Market Size by Country
- 9.1.1 Middle East and Africa Electric Arc Furnaces Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
- 9.1.2 Middle East and Africa Electric Arc Furnaces Sales in Volume by Country (2019-2024)
- 9.1.3 Middle East and Africa Electric Arc Furnaces Sales in Value by Country (2019-2024)
- 9.2 Middle East and Africa Electric Arc Furnaces Forecasted Market Size by Country
- 9.2.1 Middle East and Africa Electric Arc Furnaces Sales in Volume by Country (2025-2030)
- 9.2.2 Middle East and Africa Electric Arc Furnaces Sales in Value by Country (2025-2030)
10 Company Profiles
- 10.1 Danieli
- 10.1.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
- 10.1.2 Electric Arc Furnaces Product Overview
- 10.1.3 Danieli Electric Arc Furnaces Sales (Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin (%) (2019-2024)
- 10.1.4 Main Business/Business Overview
- 10.2 SMS
- 10.2.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
- 10.2.2 Electric Arc Furnaces Product Overview
- 10.2.3 SMS Electric Arc Furnaces Sales (Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin (%) (2019-2024)
- 10.2.4 Main Business/Business Overview
- 10.3 TENOVA
- 10.3.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
- 10.3.2 Electric Arc Furnaces Product Overview
- 10.3.3 TENOVA Electric Arc Furnaces Sales (Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin (%) (2019-2024)
- 10.3.4 Main Business/Business Overview
- 10.4 Steel Plantech
- 10.4.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
- 10.4.2 Electric Arc Furnaces Product Overview
- 10.4.3 Steel Plantech Electric Arc Furnaces Sales (Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin (%) (2019-2024)
- 10.4.4 Main Business/Business Overview
- 10.5 Electrotherm
- 10.5.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
- 10.5.2 Electric Arc Furnaces Product Overview
- 10.5.3 Electrotherm Electric Arc Furnaces Sales (Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin (%) (2019-2024)
- 10.5.4 Main Business/Business Overview
- 10.6 IHI
- 10.6.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
- 10.6.2 Electric Arc Furnaces Product Overview
- 10.6.3 IHI Electric Arc Furnaces Sales (Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin (%) (2019-2024)
- 10.6.4 Main Business/Business Overview
- 10.7 Primetals Technologies
- 10.7.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
- 10.7.2 Electric Arc Furnaces Product Overview
- 10.7.3 Primetals Technologies Electric Arc Furnaces Sales (Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin (%) (2019-2024)
- 10.7.4 Main Business/Business Overview
- 10.8 TYMEC
- 10.8.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
- 10.8.2 Electric Arc Furnaces Product Overview
- 10.8.3 TYMEC Electric Arc Furnaces Sales (Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin (%) (2019-2024)
- 10.8.4 Main Business/Business Overview
- 10.9 DongXong
- 10.9.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
- 10.9.2 Electric Arc Furnaces Product Overview
- 10.9.3 DongXong Electric Arc Furnaces Sales (Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin (%) (2019-2024)
- 10.9.4 Main Business/Business Overview
- 10.10 Sermak Metal
- 10.10.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
- 10.10.2 Electric Arc Furnaces Product Overview
- 10.10.3 Sermak Metal Electric Arc Furnaces Sales (Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin (%) (2019-2024)
- 10.10.4 Main Business/Business Overview
- 10.11 XiYe Technology Group
- 10.11.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
- 10.11.2 Electric Arc Furnaces Product Overview
- 10.11.3 XiYe Technology Group Electric Arc Furnaces Sales (Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin (%) (2019-2024)
- 10.11.4 Main Business/Business Overview
- 10.12 Doshi
- 10.12.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
- 10.12.2 Electric Arc Furnaces Product Overview
- 10.12.3 Doshi Electric Arc Furnaces Sales (Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin (%) (2019-2024)
- 10.12.4 Main Business/Business Overview
- 10.13 Xi' an Huachang Metallurgical Technology
- 10.13.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
- 10.13.2 Electric Arc Furnaces Product Overview
- 10.13.3 Xi' an Huachang Metallurgical Technology Electric Arc Furnaces Sales (Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin (%) (2019-2024)
- 10.13.4 Main Business/Business Overview
- 10.14 CVS Technologies
- 10.14.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
- 10.14.2 Electric Arc Furnaces Product Overview
- 10.14.3 CVS Technologies Electric Arc Furnaces Sales (Units), Revenue (US$ Million), Price (K USD/Unit) and Gross Margin (%) (2019-2024)
- 10.14.4 Main Business/Business Overview
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
- 11.1 Electric Arc Furnaces Key Raw Materials
- 11.1.1 Key Raw Materials
- 11.1.2 Raw Materials Key Suppliers
- 11.2 Manufacturing Cost Structure
- 11.2.1 Raw Materials
- 11.2.2 Labor Cost
- 11.2.3 Manufacturing Expenses
- 11.3 Electric Arc Furnaces Industrial Chain Analysis
- 11.4 Electric Arc Furnaces Market Dynamics
- 11.4.1 Electric Arc Furnaces Industry Trends
- 11.4.2 Electric Arc Furnaces Market Drivers
- 11.4.3 Electric Arc Furnaces Market Challenges
- 11.4.4 Electric Arc Furnaces Market Restraints
12 Marketing Strategy Analysis, Distributors
- 12.1 Sales Channel
- 12.2 Electric Arc Furnaces Distributors
- 12.3 Electric Arc Furnaces Downstream Customers
13 Research Findings and Conclusion
14 Appendix
- 14.1 Research Methodology
- 14.1.1 Methodology/Research Approach
- 14.1.2 Data Source
- 14.2 Author Details
- 14.3 Disclaimer