Research Summary
An electric furnace transformer, often referred to as a furnace transformer, is a specialized electrical transformer used in electric arc furnaces and other high-power industrial heating systems. Its primary function is to convert high-voltage electrical power from the utility grid into lower voltage levels suitable for the electric furnace's operation. Electric arc furnaces rely on electric arcs to melt and process metal materials, and these transformers play a crucial role in providing the intense power required for this purpose. They typically step down high voltage to the lower voltage required for the furnace, while also isolating and protecting the furnace from potential electrical disturbances. These transformers are a vital component in the steelmaking and metalworking industry, facilitating efficient and precise heating processes in large-scale industrial applications.
According to DIResearch's in-depth investigation and research, the global Electric Furnace Transformer market size will reach US$ Million in 2024, and is expected to reach US$ Million in 2030, with a CAGR of % (2025-2030). Among them, the China market has changed rapidly in the past few years. The market size in 2024 will be US$ Million, accounting for approximately % of the world. It is expected to reach US$ Million in 2030, and the global share will reach %.
The major global manufacturers of Electric Furnace Transformer include Siemens, Sanding, GE, ABB, 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 etc. The global players competition landscape in this report is divided into three tiers. The first tiers is the global leading enterprise, which occupies a major market share, is in a leading position in the industry, has strong competitiveness and influence, and has a large revenue scale; the second tiers has a certain share and popularity in the market, actively follows the industry leaders in product, service or technological innovation, and has a medium revenue scale; the third tiers has a smaller share in the market, has a lower brand awareness, mainly focuses on the local market, and has a relatively small revenue scale.
This report studies the market size, price trends and future development prospects of Electric Furnace Transformer. Focus on analysing the market share, product portfolio, prices, sales volume, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Electric Furnace Transformer market. The report data covers historical data from 2019 to 2023, based year in 2024 and forecast data from 2025 to 2030.
The regions and countries in the report include North America, Europe, China, APAC (excl. China), Latin America and Middle East and Africa, covering the Electric Furnace Transformer market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Electric Furnace Transformer industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy. ? ?
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Electric Furnace Transformer Include:
Siemens
Sanding
GE
ABB
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
Electric Furnace Transformer Product Segment Include:
Less than 30 MVA
30-80 MVA
More than 80 MVA
Electric Furnace Transformer Product Application Include:
Steelmaking
Ferroalloy Production
Others
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trends
Chapter 2: Global Electric Furnace Transformer Industry PESTEL Analysis
Chapter 3: Global Electric Furnace Transformer Industry Porter's Five Forces Analysis
Chapter 4: Global Electric Furnace Transformer Major Regional Market Size (Revenue, Sales, Price) and Forecast Analysis
Chapter 5: Global Electric Furnace Transformer Market Size and Forecast by Type and Application Analysis
Chapter 6: North America Electric Furnace Transformer Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 7: Europe Electric Furnace Transformer Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 8: China Electric Furnace Transformer Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 9: APAC (Excl. China) Electric Furnace Transformer Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 10: Latin America Electric Furnace Transformer Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 11: Middle East and Africa Electric Furnace Transformer Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 12: Global Electric Furnace Transformer Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 13: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 14: Industrial Chain Analysis, Include Raw Material Suppliers, Distributors and Customers
Chapter 15: Research Findings and Conclusion
Chapter 16: Methodology and Data Sources
Table of Contents 1 Electric Furnace Transformer Market Overview 1.1 Product Definition and Statistical Scope 1.2 Electric Furnace Transformer Product by Type 1.2.1 Global Electric Furnace Transformer Market Size by Type, 2023 VS 2024 VS 2030 1.2.2 Less than 30 MVA 1.2.3 30-80 MVA 1.2.4 More than 80 MVA 1.3 Electric Furnace Transformer Product by Application 1.3.1 Global Electric Furnace Transformer Market Size by Application, 2023 VS 2024 VS 2030 1.3.2 Steelmaking 1.3.3 Ferroalloy Production 1.3.4 Others 1.4 Global Electric Furnace Transformer Market Revenue and Sales Analysis 1.4.1 Global Electric Furnace Transformer Market Size Analysis (2019-2030) 1.4.2 Global Electric Furnace Transformer Market Sales Analysis (2019-2030) 1.4.3 Global Electric Furnace Transformer Market Sales Price Trend Analysis (2019-2030) 1.5 Electric Furnace Transformer Market Development Status and Trends 1.5.1 Electric Furnace Transformer Industry Development Status Analysis 1.5.2 Electric Furnace Transformer Industry Development Trends Analysis 2 Electric Furnace Transformer Market PESTEL Analysis 2.1 Political Factors Analysis 2.2 Economic Factors Analysis 2.3 Social Factors Analysis 2.4 Technological Factors Analysis 2.5 Environmental Factors Analysis 2.6 Legal Factors Analysis 3 Electric Furnace Transformer Market Porter's Five Forces Analysis 3.1 Competitive Rivalry 3.2 Threat of New Entrants 3.3 Bargaining Power of Suppliers 3.4 Bargaining Power of Buyers 3.5 Threat of Substitutes 4 Global Electric Furnace Transformer Market Analysis by Regions 4.1 Electric Furnace Transformer Overall Market: 2023 VS 2024 VS 2030 4.2 Global Electric Furnace Transformer Revenue and Forecast Analysis (2019-2030) 4.2.1 Global Electric Furnace Transformer Revenue and Market Share by Region (2019-2024) 4.2.2 Global Electric Furnace Transformer Revenue Forecast by Region (2025-2030) 4.3 Global Electric Furnace Transformer Sales and Forecast Analysis (2019-2030) 4.3.1 Global Electric Furnace Transformer Sales and Market Share by Region (2019-2024) 4.3.2 Global Electric Furnace Transformer Sales Forecast by Region (2025-2030) 4.4 Global Electric Furnace Transformer Sales Price Trend Analysis (2019-2030) 5 Global Electric Furnace Transformer Market Size by Type and Application 5.1 Global Electric Furnace Transformer Market Size by Type 5.1.1 Global Electric Furnace Transformer Revenue and Forecast Analysis by Type (2019-2030) 5.1.2 Global Electric Furnace Transformer Sales and Forecast Analysis by Type (2019-2030) 5.2 Global Electric Furnace Transformer Market Size by Application 5.2.1 Global Electric Furnace Transformer Revenue and Forecast Analysis by Application (2019-2030) 5.2.2 Global Electric Furnace Transformer Sales and Forecast Analysis by Application (2019-2030) 6 North America 6.1 North America Electric Furnace Transformer Market Size and Growth Rate Analysis (2019-2030) 6.2 North America Key Manufacturers Analysis 6.3 North America Electric Furnace Transformer Market Size by Type 6.3.1 North America Electric Furnace Transformer Sales by Type (2019-2030) 6.3.2 North America Electric Furnace Transformer Revenue by Type (2019-2030) 6.4 North America Electric Furnace Transformer Market Size by Application 6.4.1 North America Electric Furnace Transformer Sales by Application (2019-2030) 6.4.2 North America Electric Furnace Transformer Revenue by Application (2019-2030) 6.5 North America Electric Furnace Transformer Market Size by Country 6.5.1 US 6.5.2 Canada 7 Europe 7.1 Europe Electric Furnace Transformer Market Size and Growth Rate Analysis (2019-2030) 7.2 Europe Key Manufacturers Analysis 7.3 Europe Electric Furnace Transformer Market Size by Type 7.3.1 Europe Electric Furnace Transformer Sales by Type (2019-2030) 7.3.2 Europe Electric Furnace Transformer Revenue by Type (2019-2030) 7.4 Europe Electric Furnace Transformer Market Size by Application 7.4.1 Europe Electric Furnace Transformer Sales by Application (2019-2030) 7.4.2 ? Europe Electric Furnace Transformer Revenue by Application (2019-2030) 7.5 Europe Electric Furnace Transformer Market Size by Country 7.5.1 Germany 7.5.2 France 7.5.3 United Kingdom 7.5.4 Italy 7.5.5 Spain 7.5.6 Benelux 8 China 8.1 China Electric Furnace Transformer Market Size and Growth Rate Analysis (2019-2030) 8.2 China Key Manufacturers Analysis 8.3 China Electric Furnace Transformer Market Size by Type 8.3.1 China Electric Furnace Transformer Sales by Type (2019-2030) 8.3.2 China Electric Furnace Transformer Revenue by Type (2019-2030) 8.4 China Electric Furnace Transformer Market Size by Application 8.4.1 China Electric Furnace Transformer Sales by Application (2019-2030) 8.4.2 China Electric Furnace Transformer Revenue by Application (2019-2030) 9 APAC (excl. China) 9.1 APAC (excl. China) Electric Furnace Transformer Market Size and Growth Rate Analysis (2019-2030) 9.2 APAC (excl. China) Key Manufacturers Analysis 9.3 APAC (excl. China) Electric Furnace Transformer Market Size by Type 9.3.1 APAC (excl. China) Electric Furnace Transformer Sales by Type (2019-2030) 9.3.2 APAC (excl. China) Electric Furnace Transformer Revenue by Type (2019-2030) 9.4 APAC (excl. China) Electric Furnace Transformer Market Size by Application 9.4.1 APAC (excl. China) Electric Furnace Transformer Sales by Application (2019-2030) 9.4.2 APAC (excl. China) Electric Furnace Transformer Revenue by Application (2019-2030) 9.5 APAC (excl. China) Electric Furnace Transformer Market Size by Country 9.5.1 Japan 9.5.2 South Korea 9.5.3 India 9.5.4 Australia 9.5.5 Indonesia 9.5.6 Vietnam 9.5.7 Malaysia 9.5.8 Thailand 10 Latin America 10.1 Latin America Electric Furnace Transformer Market Size and Growth Rate Analysis (2019-2030) 10.2 Latin America Key Manufacturers Analysis 10.3 Latin America Electric Furnace Transformer Market Size by Type 10.3.1 Latin America Electric Furnace Transformer Sales by Type (2019-2030) 10.3.2 Latin America Electric Furnace Transformer Revenue by Type (2019-2030) 10.4 Latin America Electric Furnace Transformer Market Size by Application 10.4.1 Latin America Electric Furnace Transformer Sales by Application (2019-2030) 10.4.2 Latin America Electric Furnace Transformer Revenue by Application (2019-2030) 10.5 Latin America Electric Furnace Transformer Market Size by Country 10.5.1 Mexico 10.5.2 Brazil 11 Middle East & Africa 11.1 Middle East & Africa Electric Furnace Transformer Market Size and Growth Rate Analysis (2019-2030) 11.2 Middle East & Africa Key Manufacturers Analysis 11.3 Middle East & Africa Electric Furnace Transformer Market Size by Type 11.3.1 Middle East & Africa Electric Furnace Transformer Sales by Type (2019-2030) 11.3.2 Middle East & Africa Electric Furnace Transformer Revenue by Type (2019-2030) 11.4 Middle East & Africa Electric Furnace Transformer Market Size by Application 11.4.1 Middle East & Africa Electric Furnace Transformer Sales by Application (2019-2030) 11.4.2 Middle East & Africa Electric Furnace Transformer Revenue by Application (2019-2030) 11.5 Middle East & Africa Electric Furnace Transformer Market Size by Country 11.5.1 Saudi Arabia 11.5.2 South Africa 12 Competition by Manufacturers 12.1 Global Electric Furnace Transformer Market Sales, Revenue and Price by Key Manufacturers (2020-2024) 12.1.1 Global Electric Furnace Transformer Market Sales by Key Manufacturers (2020-2024) 12.1.2 Global Electric Furnace Transformer Market Revenue by Key Manufacturers (2020-2024) 12.1.3 Global Electric Furnace Transformer Average Sales Price by Manufacturers (2020-2024) 12.2 Electric Furnace Transformer Competitive Landscape Analysis and Market Dynamic 12.2.1 Electric Furnace Transformer Competitive Landscape Analysis 12.2.2 Global Key Manufacturers Headquarter Location and Key Area Sales 12.2.3 Market Dynamic 13 Key Companies Analysis 13.1 Siemens 13.1.1 Siemens Basic Company Profile (Employees, Areas Service, Competitors and Contact Information) 13.1.2 Siemens Electric Furnace Transformer Product Portfolio 13.1.3 Siemens Electric Furnace Transformer Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024) 13.2 Sanding 13.2.1 Sanding Basic Company Profile (Employees, Areas Service, Competitors and Contact Information) 13.2.2 Sanding Electric Furnace Transformer Product Portfolio 13.2.3 Sanding Electric Furnace Transformer Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024) 13.3 GE 13.3.1 GE Basic Company Profile (Employees, Areas Service, Competitors and Contact Information) 13.3.2 GE Electric Furnace Transformer Product Portfolio 13.3.3 GE Electric Furnace Transformer Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024) 13.4 ABB 13.4.1 ABB Basic Company Profile (Employees, Areas Service, Competitors and Contact Information) 13.4.2 ABB Electric Furnace Transformer Product Portfolio 13.4.3 ABB Electric Furnace Transformer Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024) 13.5 China XD Electric 13.5.1 China XD Electric Basic Company Profile (Employees, Areas Service, Competitors and Contact Information) 13.5.2 China XD Electric Electric Furnace Transformer Product Portfolio 13.5.3 China XD Electric Electric Furnace Transformer Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024) 13.6 Tamini 13.6.1 Tamini Basic Company Profile (Employees, Areas Service, Competitors and Contact Information) 13.6.2 Tamini Electric Furnace Transformer Product Portfolio 13.6.3 Tamini Electric Furnace Transformer Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024) 13.7 Uralelectrotyazhmash 13.7.1 Uralelectrotyazhmash Basic Company Profile (Employees, Areas Service, Competitors and Contact Information) 13.7.2 Uralelectrotyazhmash Electric Furnace Transformer Product Portfolio 13.7.3 Uralelectrotyazhmash Electric Furnace Transformer Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024) 13.8 TEBA 13.8.1 TEBA Basic Company Profile (Employees, Areas Service, Competitors and Contact Information) 13.8.2 TEBA Electric Furnace Transformer Product Portfolio 13.8.3 TEBA Electric Furnace Transformer Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024) 13.9 Electrotherm 13.9.1 Electrotherm Basic Company Profile (Employees, Areas Service, Competitors and Contact Information) 13.9.2 Electrotherm Electric Furnace Transformer Product Portfolio 13.9.3 Electrotherm Electric Furnace Transformer Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024) 13.10 Shenda 13.10.1 Shenda Basic Company Profile (Employees, Areas Service, Competitors and Contact Information) 13.10.2 Shenda Electric Furnace Transformer Product Portfolio 13.10.3 Shenda Electric Furnace Transformer Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024) 13.11 Kitashiba Electric 13.11.1 Kitashiba Electric Basic Company Profile (Employees, Areas Service, Competitors and Contact Information) 13.11.2 Kitashiba Electric Electric Furnace Transformer Product Portfolio 13.11.3 Kitashiba Electric Electric Furnace Transformer Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024) 13.12 Hyundai 13.12.1 Hyundai Basic Company Profile (Employees, Areas Service, Competitors and Contact Information) 13.12.2 Hyundai Electric Furnace Transformer Product Portfolio 13.12.3 Hyundai Electric Furnace Transformer Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024) 13.13 Liuzhou Special Transformers 13.13.1 Liuzhou Special Transformers Basic Company Profile (Employees, Areas Service, Competitors and Contact Information) 13.13.2 Liuzhou Special Transformers Electric Furnace Transformer Product Portfolio 13.13.3 Liuzhou Special Transformers Electric Furnace Transformer Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024) 13.14 Voltamp Transformers Ltd 13.14.1 Voltamp Transformers Ltd Basic Company Profile (Employees, Areas Service, Competitors and Contact Information) 13.14.2 Voltamp Transformers Ltd Electric Furnace Transformer Product Portfolio 13.14.3 Voltamp Transformers Ltd Electric Furnace Transformer Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024) 13.15 Yixing Xingyi 13.15.1 Yixing Xingyi Basic Company Profile (Employees, Areas Service, Competitors and Contact Information) 13.15.2 Yixing Xingyi Electric Furnace Transformer Product Portfolio 13.15.3 Yixing Xingyi Electric Furnace Transformer Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024) 13.16 Hammond Power Solutions Pvt. Ltd 13.16.1 Hammond Power Solutions Pvt. Ltd Basic Company Profile (Employees, Areas Service, Competitors and Contact Information) 13.16.2 Hammond Power Solutions Pvt. Ltd Electric Furnace Transformer Product Portfolio 13.16.3 Hammond Power Solutions Pvt. Ltd Electric Furnace Transformer Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024) 13.17 JiangSu XinTeBian 13.17.1 JiangSu XinTeBian Basic Company Profile (Employees, Areas Service, Competitors and Contact Information) 13.17.2 JiangSu XinTeBian Electric Furnace Transformer Product Portfolio 13.17.3 JiangSu XinTeBian Electric Furnace Transformer Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024) 13.18 Fuji Tusco Co., Ltd 13.18.1 Fuji Tusco Co., Ltd Basic Company Profile (Employees, Areas Service, Competitors and Contact Information) 13.18.2 Fuji Tusco Co., Ltd Electric Furnace Transformer Product Portfolio 13.18.3 Fuji Tusco Co., Ltd Electric Furnace Transformer Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2020-2024) 14 Industry Chain Analysis 14.1 Electric Furnace Transformer Industry Chain Analysis 14.2 Electric Furnace Transformer Industry Upstream Supply Analysis 14.2.1 Upstream Key Raw Material Supply Analysis 14.2.2 Raw Material Suppliers and Contact Information 14.3 Electric Furnace Transformer Typical Downstream Customers 14.4 Electric Furnace Transformer Sales Channel Analysis 15 Research Findings and Conclusion 16 Methodology and Data Source 16.1 Methodology/Research Approach 16.2 Research Scope 16.3 Benchmarks and Assumptions 16.4 Date Source 16.4.1 Primary Sources 16.4.2 Secondary Sources 16.5 Data Cross Validation 16.6 Disclaimer
Publisher: DIResearch
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