Induction Furnace Market in India

The induction furnace market in india is forecasted to grow by USD 113.6 million during 2024-2029, accelerating at a CAGR of 7.2% during the forecast period. The report on the induction furnace market in india provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising demand for steel and alloys in india, increasing government support to boost industrial growth in india, and growing foundry industry in india.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

The induction furnace market in india is segmented as below:

By Type

Channel induction furnaces
Coreless induction furnaces

By End-user

Steel industry
Copper industry
Aluminum industry
Zinc industry

By Capacity

More than 100 ton
Upto 1 ton

This study identifies the equipment as a service as one of the prime reasons driving the induction furnace market in india growth during the next few years. Also, increasing private ownership in the global steel industry and growing digitalization and industry 4.0 integration in furnacing industry will lead to sizable demand in the market.

The report on the induction furnace market in india covers the following areas:

Induction Furnace Market in India sizing
Induction Furnace Market in India forecast
Induction Furnace Market in India industry analysis

A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading induction furnace market in india vendors that include Agni Electrical Pvt. Ltd., Electro Power Enterprise, Eltech Electrodesigns and Energy Systems Pvt. Ltd., Foster Induction Pvt. Ltd., Heatcon Sensors Pvt. Ltd., HK Malvi Industries, Indotherm Furnace Pvt. Ltd., Inductotherm Group, Jyoti CNC Automation Ltd., Magnalenz, Megatherm Electronics Pvt. Ltd., Microtech Inductions Pvt. Ltd., Naksh Induction, Nutrotherm Induction, Orbit Induction, Plasma Induction India Pvt. Ltd., Priyanka Induction Supermelt, Shapet Induction Co., and Srishtech Metal Casting Pvt. Ltd. Also, the induction furnace market in india analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

1 Executive Summary

1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Country Market Characteristics
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Market Segmentation by End-user
Executive Summary - Chart on Market Segmentation by Capacity
Executive Summary - Chart on Company Market Positioning

2 Market Analysis

2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029

3 Market Landscape

3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
Value chain analysis

4 Market Sizing

4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
Chart on India - Market size and forecast 2024-2029 ($ million)
Data Table on India - Market size and forecast 2024-2029 ($ million)
Chart on India: Year-over-year growth 2024-2029 (%)
Data Table on India: Year-over-year growth 2024-2029 (%)

5 Historic Market Size

5.1 Induction Furnace Market in India 2019 - 2023
Historic Market Size - Data Table on Induction Furnace Market in India 2019 - 2023 ($ million)
5.2 Type segment analysis 2019 - 2023
Historic Market Size - Type Segment 2019 - 2023 ($ million)
5.3 End-user segment analysis 2019 - 2023
Historic Market Size - End-user Segment 2019 - 2023 ($ million)
5.4 Capacity segment analysis 2019 - 2023
Historic Market Size - Capacity Segment 2019 - 2023 ($ million)

6 Qualitative Analysis

6.1 The AI impact on induction furnace market in India

7 Five Forces Analysis

7.1 Five forces summary
Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
Chart on Market condition - Five forces 2024 and 2029

8 Market Segmentation by Type

8.1 Market segments
Chart on Type - Market share 2024-2029 (%)
Data Table on Type - Market share 2024-2029 (%)
8.2 Comparison by Type
Chart on Comparison by Type
Data Table on Comparison by Type
8.3 Channel induction furnaces - Market size and forecast 2024-2029
Chart on Channel induction furnaces - Market size and forecast 2024-2029 ($ million)
Data Table on Channel induction furnaces - Market size and forecast 2024-2029 ($ million)
Chart on Channel induction furnaces - Year-over-year growth 2024-2029 (%)
Data Table on Channel induction furnaces - Year-over-year growth 2024-2029 (%)
8.4 Coreless induction furnaces - Market size and forecast 2024-2029
Chart on Coreless induction furnaces - Market size and forecast 2024-2029 ($ million)
Data Table on Coreless induction furnaces - Market size and forecast 2024-2029 ($ million)
Chart on Coreless induction furnaces - Year-over-year growth 2024-2029 (%)
Data Table on Coreless induction furnaces - Year-over-year growth 2024-2029 (%)
8.5 Market opportunity by Type
Market opportunity by Type ($ million)
Data Table on Market opportunity by Type ($ million)

9 Market Segmentation by End-user

9.1 Market segments
Chart on End-user - Market share 2024-2029 (%)
Data Table on End-user - Market share 2024-2029 (%)
9.2 Comparison by End-user
Chart on Comparison by End-user
Data Table on Comparison by End-user
9.3 Steel industry - Market size and forecast 2024-2029
Chart on Steel industry - Market size and forecast 2024-2029 ($ million)
Data Table on Steel industry - Market size and forecast 2024-2029 ($ million)
Chart on Steel industry - Year-over-year growth 2024-2029 (%)
Data Table on Steel industry - Year-over-year growth 2024-2029 (%)
9.4 Copper industry - Market size and forecast 2024-2029
Chart on Copper industry - Market size and forecast 2024-2029 ($ million)
Data Table on Copper industry - Market size and forecast 2024-2029 ($ million)
Chart on Copper industry - Year-over-year growth 2024-2029 (%)
Data Table on Copper industry - Year-over-year growth 2024-2029 (%)
9.5 Aluminum industry - Market size and forecast 2024-2029
Chart on Aluminum industry - Market size and forecast 2024-2029 ($ million)
Data Table on Aluminum industry - Market size and forecast 2024-2029 ($ million)
Chart on Aluminum industry - Year-over-year growth 2024-2029 (%)
Data Table on Aluminum industry - Year-over-year growth 2024-2029 (%)
9.6 Zinc industry - Market size and forecast 2024-2029
Chart on Zinc industry - Market size and forecast 2024-2029 ($ million)
Data Table on Zinc industry - Market size and forecast 2024-2029 ($ million)
Chart on Zinc industry - Year-over-year growth 2024-2029 (%)
Data Table on Zinc industry - Year-over-year growth 2024-2029 (%)
9.7 Market opportunity by End-user
Market opportunity by End-user ($ million)
Data Table on Market opportunity by End-user ($ million)

10 Market Segmentation by Capacity

10.1 Market segments
Chart on Capacity - Market share 2024-2029 (%)
Data Table on Capacity - Market share 2024-2029 (%)
10.2 Comparison by Capacity
Chart on Comparison by Capacity
Data Table on Comparison by Capacity
10.3 More than 100 ton - Market size and forecast 2024-2029
Chart on More than 100 ton - Market size and forecast 2024-2029 ($ million)
Data Table on More than 100 ton - Market size and forecast 2024-2029 ($ million)
Chart on More than 100 ton - Year-over-year growth 2024-2029 (%)
Data Table on More than 100 ton - Year-over-year growth 2024-2029 (%)
10.4 Upto 1 ton - Market size and forecast 2024-2029
Chart on Upto 1 ton - Market size and forecast 2024-2029 ($ million)
Data Table on Upto 1 ton - Market size and forecast 2024-2029 ($ million)
Chart on Upto 1 ton - Year-over-year growth 2024-2029 (%)
Data Table on Upto 1 ton - Year-over-year growth 2024-2029 (%)
10.5 Market opportunity by Capacity
Market opportunity by Capacity ($ million)
Data Table on Market opportunity by Capacity ($ million)

11 Customer Landscape

11.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

12 Drivers, Challenges, and Opportunity/Restraints

12.1 Market drivers
12.2 Market challenges
12.3 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
12.4 Market opportunities/restraints

13 Competitive Landscape

13.1 Overview
13.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
13.3 Landscape disruption
Overview on factors of disruption
13.4 Industry risks
Impact of key risks on business

14 Competitive Analysis

14.1 Companies profiled
Companies covered
14.2 Company ranking index
Company ranking index
14.3 Market positioning of companies
Matrix on companies position and classification
14.4 Agni Electrical Pvt. Ltd.
Agni Electrical Pvt. Ltd. - Overview
Agni Electrical Pvt. Ltd. - Product / Service
Agni Electrical Pvt. Ltd. - Key offerings
SWOT
14.5 Electro Power Enterprise
Electro Power Enterprise - Overview
Electro Power Enterprise - Product / Service
Electro Power Enterprise - Key offerings
SWOT
14.6 Eltech Electrodesigns and Energy Systems Pvt. Ltd.
Eltech Electrodesigns and Energy Systems Pvt. Ltd. - Overview
Eltech Electrodesigns and Energy Systems Pvt. Ltd. - Product / Service
Eltech Electrodesigns and Energy Systems Pvt. Ltd. - Key offerings
SWOT
14.7 Foster Induction Pvt. Ltd.
Foster Induction Pvt. Ltd. - Overview
Foster Induction Pvt. Ltd. - Product / Service
Foster Induction Pvt. Ltd. - Key offerings
SWOT
14.8 Heatcon Sensors Pvt. Ltd.
Heatcon Sensors Pvt. Ltd. - Overview
Heatcon Sensors Pvt. Ltd. - Product / Service
Heatcon Sensors Pvt. Ltd. - Key offerings
SWOT
14.9 HK Malvi Industries
HK Malvi Industries - Overview
HK Malvi Industries - Product / Service
HK Malvi Industries - Key offerings
SWOT
14.10 Indotherm Furnace Pvt. Ltd.
Indotherm Furnace Pvt. Ltd. - Overview
Indotherm Furnace Pvt. Ltd. - Product / Service
Indotherm Furnace Pvt. Ltd. - Key offerings
SWOT
14.11 Inductotherm Group
Inductotherm Group - Overview
Inductotherm Group - Product / Service
Inductotherm Group - Key offerings
SWOT
14.12 Jyoti CNC Automation Ltd.
Jyoti CNC Automation Ltd. - Overview
Jyoti CNC Automation Ltd. - Product / Service
Jyoti CNC Automation Ltd. - Key offerings
SWOT
14.13 Magnalenz
Magnalenz - Overview
Magnalenz - Product / Service
Magnalenz - Key offerings
SWOT
14.14 Megatherm Electronics Pvt. Ltd.
Megatherm Electronics Pvt. Ltd. - Overview
Megatherm Electronics Pvt. Ltd. - Product / Service
Megatherm Electronics Pvt. Ltd. - Key offerings
SWOT
14.15 Microtech Inductions Pvt. Ltd.
Microtech Inductions Pvt. Ltd. - Overview
Microtech Inductions Pvt. Ltd. - Product / Service
Microtech Inductions Pvt. Ltd. - Key offerings
SWOT
14.16 Naksh Induction
Naksh Induction - Overview
Naksh Induction - Product / Service
Naksh Induction - Key offerings
SWOT
14.17 Nutrotherm Induction
Nutrotherm Induction - Overview
Nutrotherm Induction - Product / Service
Nutrotherm Induction - Key offerings
SWOT
14.18 Orbit Induction
Orbit Induction - Overview
Orbit Induction - Product / Service
Orbit Induction - Key offerings
SWOT

15 Appendix

15.1 Scope of the report
15.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
15.3 Currency conversion rates for US$
Currency conversion rates for US$
15.4 Research methodology
Research methodology
15.5 Data procurement
Information sources
15.6 Data validation
Data validation
15.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
15.8 Data synthesis
Data synthesis
15.9 360 degree market analysis
360 degree market analysis
15.10 List of abbreviations
List of abbreviations

List of Exhibits

Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Country Market Characteristics
Exhibits 4: Executive Summary - Chart on Market Segmentation by Type
Exhibits 5: Executive Summary - Chart on Market Segmentation by End-user
Exhibits 6: Executive Summary - Chart on Market Segmentation by Capacity
Exhibits 7: Executive Summary - Chart on Company Market Positioning
Exhibits 8: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 9: Overview on criticality of inputs and factors of differentiation
Exhibits 10: Overview on factors of disruption
Exhibits 11: Impact of drivers and challenges in 2024 and 2029
Exhibits 12: Parent Market
Exhibits 13: Data Table on - Parent Market
Exhibits 14: Market characteristics analysis
Exhibits 15: Value chain analysis
Exhibits 16: Offerings of companies included in the market definition
Exhibits 17: Market segments
Exhibits 18: Chart on India - Market size and forecast 2024-2029 ($ million)
Exhibits 19: Data Table on India - Market size and forecast 2024-2029 ($ million)
Exhibits 20: Chart on India: Year-over-year growth 2024-2029 (%)
Exhibits 21: Data Table on India: Year-over-year growth 2024-2029 (%)
Exhibits 22: Historic Market Size - Data Table on Induction Furnace Market in India 2019 - 2023 ($ million)
Exhibits 23: Historic Market Size - Type Segment 2019 - 2023 ($ million)
Exhibits 24: Historic Market Size - End-user Segment 2019 - 2023 ($ million)
Exhibits 25: Historic Market Size - Capacity Segment 2019 - 2023 ($ million)
Exhibits 26: Five forces analysis - Comparison between 2024 and 2029
Exhibits 27: Bargaining power of buyers - Impact of key factors 2024 and 2029
Exhibits 28: Bargaining power of suppliers - Impact of key factors in 2024 and 2029
Exhibits 29: Threat of new entrants - Impact of key factors in 2024 and 2029
Exhibits 30: Threat of substitutes - Impact of key factors in 2024 and 2029
Exhibits 31: Threat of rivalry - Impact of key factors in 2024 and 2029
Exhibits 32: Chart on Market condition - Five forces 2024 and 2029
Exhibits 33: Chart on Type - Market share 2024-2029 (%)
Exhibits 34: Data Table on Type - Market share 2024-2029 (%)
Exhibits 35: Chart on Comparison by Type
Exhibits 36: Data Table on Comparison by Type
Exhibits 37: Chart on Channel induction furnaces - Market size and forecast 2024-2029 ($ million)
Exhibits 38: Data Table on Channel induction furnaces - Market size and forecast 2024-2029 ($ million)
Exhibits 39: Chart on Channel induction furnaces - Year-over-year growth 2024-2029 (%)
Exhibits 40: Data Table on Channel induction furnaces - Year-over-year growth 2024-2029 (%)
Exhibits 41: Chart on Coreless induction furnaces - Market size and forecast 2024-2029 ($ million)
Exhibits 42: Data Table on Coreless induction furnaces - Market size and forecast 2024-2029 ($ million)
Exhibits 43: Chart on Coreless induction furnaces - Year-over-year growth 2024-2029 (%)
Exhibits 44: Data Table on Coreless induction furnaces - Year-over-year growth 2024-2029 (%)
Exhibits 45: Market opportunity by Type ($ million)
Exhibits 46: Data Table on Market opportunity by Type ($ million)
Exhibits 47: Chart on End-user - Market share 2024-2029 (%)
Exhibits 48: Data Table on End-user - Market share 2024-2029 (%)
Exhibits 49: Chart on Comparison by End-user
Exhibits 50: Data Table on Comparison by End-user
Exhibits 51: Chart on Steel industry - Market size and forecast 2024-2029 ($ million)
Exhibits 52: Data Table on Steel industry - Market size and forecast 2024-2029 ($ million)
Exhibits 53: Chart on Steel industry - Year-over-year growth 2024-2029 (%)
Exhibits 54: Data Table on Steel industry - Year-over-year growth 2024-2029 (%)
Exhibits 55: Chart on Copper industry - Market size and forecast 2024-2029 ($ million)
Exhibits 56: Data Table on Copper industry - Market size and forecast 2024-2029 ($ million)
Exhibits 57: Chart on Copper industry - Year-over-year growth 2024-2029 (%)
Exhibits 58: Data Table on Copper industry - Year-over-year growth 2024-2029 (%)
Exhibits 59: Chart on Aluminum industry - Market size and forecast 2024-2029 ($ million)
Exhibits 60: Data Table on Aluminum industry - Market size and forecast 2024-2029 ($ million)
Exhibits 61: Chart on Aluminum industry - Year-over-year growth 2024-2029 (%)
Exhibits 62: Data Table on Aluminum industry - Year-over-year growth 2024-2029 (%)
Exhibits 63: Chart on Zinc industry - Market size and forecast 2024-2029 ($ million)
Exhibits 64: Data Table on Zinc industry - Market size and forecast 2024-2029 ($ million)
Exhibits 65: Chart on Zinc industry - Year-over-year growth 2024-2029 (%)
Exhibits 66: Data Table on Zinc industry - Year-over-year growth 2024-2029 (%)
Exhibits 67: Market opportunity by End-user ($ million)
Exhibits 68: Data Table on Market opportunity by End-user ($ million)
Exhibits 69: Chart on Capacity - Market share 2024-2029 (%)
Exhibits 70: Data Table on Capacity - Market share 2024-2029 (%)
Exhibits 71: Chart on Comparison by Capacity
Exhibits 72: Data Table on Comparison by Capacity
Exhibits 73: Chart on More than 100 ton - Market size and forecast 2024-2029 ($ million)
Exhibits 74: Data Table on More than 100 ton - Market size and forecast 2024-2029 ($ million)
Exhibits 75: Chart on More than 100 ton - Year-over-year growth 2024-2029 (%)
Exhibits 76: Data Table on More than 100 ton - Year-over-year growth 2024-2029 (%)
Exhibits 77: Chart on Upto 1 ton - Market size and forecast 2024-2029 ($ million)
Exhibits 78: Data Table on Upto 1 ton - Market size and forecast 2024-2029 ($ million)
Exhibits 79: Chart on Upto 1 ton - Year-over-year growth 2024-2029 (%)
Exhibits 80: Data Table on Upto 1 ton - Year-over-year growth 2024-2029 (%)
Exhibits 81: Market opportunity by Capacity ($ million)
Exhibits 82: Data Table on Market opportunity by Capacity ($ million)
Exhibits 83: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 84: Impact of drivers and challenges in 2024 and 2029
Exhibits 85: Overview on criticality of inputs and factors of differentiation
Exhibits 86: Overview on factors of disruption
Exhibits 87: Impact of key risks on business
Exhibits 88: Companies covered
Exhibits 89: Company ranking index
Exhibits 90: Matrix on companies position and classification
Exhibits 91: Agni Electrical Pvt. Ltd. - Overview
Exhibits 92: Agni Electrical Pvt. Ltd. - Product / Service
Exhibits 93: Agni Electrical Pvt. Ltd. - Key offerings
Exhibits 94: SWOT
Exhibits 95: Electro Power Enterprise - Overview
Exhibits 96: Electro Power Enterprise - Product / Service
Exhibits 97: Electro Power Enterprise - Key offerings
Exhibits 98: SWOT
Exhibits 99: Eltech Electrodesigns and Energy Systems Pvt. Ltd. - Overview
Exhibits 100: Eltech Electrodesigns and Energy Systems Pvt. Ltd. - Product / Service
Exhibits 101: Eltech Electrodesigns and Energy Systems Pvt. Ltd. - Key offerings
Exhibits 102: SWOT
Exhibits 103: Foster Induction Pvt. Ltd. - Overview
Exhibits 104: Foster Induction Pvt. Ltd. - Product / Service
Exhibits 105: Foster Induction Pvt. Ltd. - Key offerings
Exhibits 106: SWOT
Exhibits 107: Heatcon Sensors Pvt. Ltd. - Overview
Exhibits 108: Heatcon Sensors Pvt. Ltd. - Product / Service
Exhibits 109: Heatcon Sensors Pvt. Ltd. - Key offerings
Exhibits 110: SWOT
Exhibits 111: HK Malvi Industries - Overview
Exhibits 112: HK Malvi Industries - Product / Service
Exhibits 113: HK Malvi Industries - Key offerings
Exhibits 114: SWOT
Exhibits 115: Indotherm Furnace Pvt. Ltd. - Overview
Exhibits 116: Indotherm Furnace Pvt. Ltd. - Product / Service
Exhibits 117: Indotherm Furnace Pvt. Ltd. - Key offerings
Exhibits 118: SWOT
Exhibits 119: Inductotherm Group - Overview
Exhibits 120: Inductotherm Group - Product / Service
Exhibits 121: Inductotherm Group - Key offerings
Exhibits 122: SWOT
Exhibits 123: Jyoti CNC Automation Ltd. - Overview
Exhibits 124: Jyoti CNC Automation Ltd. - Product / Service
Exhibits 125: Jyoti CNC Automation Ltd. - Key offerings
Exhibits 126: SWOT
Exhibits 127: Magnalenz - Overview
Exhibits 128: Magnalenz - Product / Service
Exhibits 129: Magnalenz - Key offerings
Exhibits 130: SWOT
Exhibits 131: Megatherm Electronics Pvt. Ltd. - Overview
Exhibits 132: Megatherm Electronics Pvt. Ltd. - Product / Service
Exhibits 133: Megatherm Electronics Pvt. Ltd. - Key offerings
Exhibits 134: SWOT
Exhibits 135: Microtech Inductions Pvt. Ltd. - Overview
Exhibits 136: Microtech Inductions Pvt. Ltd. - Product / Service
Exhibits 137: Microtech Inductions Pvt. Ltd. - Key offerings
Exhibits 138: SWOT
Exhibits 139: Naksh Induction - Overview
Exhibits 140: Naksh Induction - Product / Service
Exhibits 141: Naksh Induction - Key offerings
Exhibits 142: SWOT
Exhibits 143: Nutrotherm Induction - Overview
Exhibits 144: Nutrotherm Induction - Product / Service
Exhibits 145: Nutrotherm Induction - Key offerings
Exhibits 146: SWOT
Exhibits 147: Orbit Induction - Overview
Exhibits 148: Orbit Induction - Product / Service
Exhibits 149: Orbit Induction - Key offerings
Exhibits 150: SWOT
Exhibits 151: Inclusions checklist
Exhibits 152: Exclusions checklist
Exhibits 153: Currency conversion rates for US$
Exhibits 154: Research methodology
Exhibits 155: Information sources
Exhibits 156: Data validation
Exhibits 157: Validation techniques employed for market sizing
Exhibits 158: Data synthesis
Exhibits 159: 360 degree market analysis
Exhibits 160: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the induction furnace market in india: Agni Electrical Pvt. Ltd., Electro Power Enterprise, Eltech Electrodesigns and Energy Systems Pvt. Ltd., Foster Induction Pvt. Ltd., Heatcon Sensors Pvt. Ltd., HK Malvi Industries, Indotherm Furnace Pvt. Ltd., Inductotherm Group, Jyoti CNC Automation Ltd., Magnalenz, Megatherm Electronics Pvt. Ltd., Microtech Inductions Pvt. Ltd., Naksh Induction, Nutrotherm Induction, Orbit Induction, Plasma Induction India Pvt. Ltd., Priyanka Induction Supermelt, Shapet Induction Co., and Srishtech Metal Casting Pvt. Ltd..

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is equipment as a service."

According to the report, one of the major drivers for this market is the rising demand for steel and alloys in india.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

Agni Electrical Pvt. Ltd.
Electro Power Enterprise
Eltech Electrodesigns and Energy Systems Pvt. Ltd.
Foster Induction Pvt. Ltd.
Heatcon Sensors Pvt. Ltd.
HK Malvi Industries
Indotherm Furnace Pvt. Ltd.
Inductotherm Group
Jyoti CNC Automation Ltd.
Magnalenz
Megatherm Electronics Pvt. Ltd.
Microtech Inductions Pvt. Ltd.
Naksh Induction
Nutrotherm Induction
Orbit Induction
Plasma Induction India Pvt. Ltd.
Priyanka Induction Supermelt
Shapet Induction Co.
Srishtech Metal Casting Pvt. Ltd.

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Induction Furnace Market in India 2025-2029

The induction furnace market in india is segmented as below:

By Type

By End-user

By Capacity

The report on the induction furnace market in india covers the following areas:

Table of Contents

Executive Summary

Companies Mentioned (Partial List)

The induction furnace market in india is segmented as below:

By Type

By End-user

By Capacity

The report on the induction furnace market in india covers the following areas:

Table of Contents

Executive Summary

Companies Mentioned (Partial List)

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About the Induction Furnace Market