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Induction Furnace Market in India 2021-2025

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    Report

  • 120 Pages
  • July 2021
  • Region: India
  • TechNavio
  • ID: 5447040
1h Free Analyst Time
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The publisher has been monitoring the induction furnace market in India and it is poised to grow by $ 74.81 mn during 2021-2025, progressing at a CAGR of 6.63% 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, latest trends and drivers, and the overall market environment. The market is driven by Increasing business confidence within furnace industry and the focus on technology upgrades.

The induction furnace market in India analysis includes end-user and type segments.

The induction furnace market in India is segmented as below:


By End-user

  • Steel industry
  • Copper industry
  • Aluminum industry
  • Zinc industry

By Type

  • Channel induction furnaces
  • Coreless induction furnaces

This study identifies the Make in India initiative as one of the prime reasons driving the induction furnace market in India growth during the next few years.

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

  • Induction furnace market sizing
  • Induction furnace market forecast
  • Induction furnace market industry analysis

The robust vendor analysis 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 vendors in India that include Electro Power Enterprise, Foster Induction Pvt. Ltd., HK Malvi Industries, Inductotherm Group, Jyoti CNC Automation Ltd., Magnalenz, Orbit Induction, Plasma Induction India Pvt. Ltd., Priyanka Induction Supermelt, and UVRAX ENGINEERING OPC 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 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 an analysis of the key vendors.

The publisher 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 research - both primary and secondary. 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 the accurate market growth.

Table of Contents

Executive Summary

  • Market overview

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2020
  • Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by End-user

  • Market segments
  • Comparison by End-user
  • Steel industry - Market size and forecast 2020-2025
  • Copper industry - Market size and forecast 2020-2025
  • Aluminum industry - Market size and forecast 2020-2025
  • Zinc industry - Market size and forecast 2020-2025
  • Market opportunity by End-user

Market Segmentation by Type

  • Market segments
  • Comparison by Type
  • Channel induction furnaces - Market size and forecast 2020-2025
  • Coreless induction furnaces - Market size and forecast 2020-2025
  • Market opportunity by Type

Customer landscape

  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Overview
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Electro Power Enterprise
  • Foster Induction Pvt. Ltd.
  • HK Malvi Industries
  • Inductotherm Group
  • Jyoti CNC Automation Ltd.
  • Magnalenz
  • Orbit Induction
  • Plasma Induction India Pvt. Ltd.
  • Priyanka Induction Supermelt
  • UVRAX ENGINEERING OPC Pvt. Ltd.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

List of Exhibits

  • Key Finding 1
  • Key Finding 2
  • Key Finding 5
  • Key Finding 6
  • Key Finding 7
  • Parent market
  • Market characteristics
  • Offerings of vendors included in the market definition
  • Market segments
  • Global - Market size and forecast 2020 - 2025 ($ million)
  • Global market: Year-over-year growth 2020 - 2025 (%)
  • Five forces analysis 2020 & 2025
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition - Five forces 2020
  • End-user - Market share 2020-2025 (%)
  • Comparison by End-user
  • Steel industry - Market size and forecast 2020-2025 ($ million)
  • Steel industry - Year-over-year growth 2020-2025 (%)
  • Copper industry - Market size and forecast 2020-2025 ($ million)
  • Copper industry - Year-over-year growth 2020-2025 (%)
  • Aluminum industry - Market size and forecast 2020-2025 ($ million)
  • Aluminum industry - Year-over-year growth 2020-2025 (%)
  • Zinc industry - Market size and forecast 2020-2025 ($ million)
  • Zinc industry - Year-over-year growth 2020-2025 (%)
  • Market opportunity by End-user
  • Type - Market share 2020-2025 (%)
  • Comparison by Type
  • Channel induction furnaces - Market size and forecast 2020-2025 ($ million)
  • Channel induction furnaces - Year-over-year growth 2020-2025 (%)
  • Coreless induction furnaces - Market size and forecast 2020-2025 ($ million)
  • Coreless induction furnaces - Year-over-year growth 2020-2025 (%)
  • Market opportunity by Type
  • Customer landscape
  • Impact of drivers and challenges
  • Vendor landscape
  • Landscape disruption
  • Industry risks
  • Vendors covered
  • Market positioning of vendors
  • Electro Power Enterprise - Overview
  • Electro Power Enterprise - Product and service
  • Electro Power Enterprise - Key offerings
  • Electro Power Enterprise - Key customers
  • Electro Power Enterprise - Segment focus
  • Foster Induction Pvt. Ltd. - Overview
  • Foster Induction Pvt. Ltd. - Product and service
  • Foster Induction Pvt. Ltd. - Key offerings
  • Foster Induction Pvt. Ltd. - Key customers
  • Foster Induction Pvt. Ltd. - Segment focus
  • HK Malvi Industries - Overview
  • HK Malvi Industries - Product and service
  • HK Malvi Industries - Key offerings
  • HK Malvi Industries - Key customers
  • HK Malvi Industries - Segment focus
  • Inductotherm Group - Overview
  • Inductotherm Group - Product and service
  • Inductotherm Group - Key offerings
  • Inductotherm Group - Key customers
  • Inductotherm Group - Segment focus
  • Jyoti CNC Automation Ltd. - Overview
  • Jyoti CNC Automation Ltd. - Product and service
  • Jyoti CNC Automation Ltd. - Key offerings
  • Jyoti CNC Automation Ltd. - Key customers
  • Jyoti CNC Automation Ltd. - Segment focus
  • Magnalenz - Overview
  • Magnalenz - Product and service
  • Magnalenz - Key offerings
  • Magnalenz - Key customers
  • Magnalenz - Segment focus
  • Orbit Induction - Overview
  • Orbit Induction - Product and service
  • Orbit Induction - Key offerings
  • Orbit Induction - Key customers
  • Orbit Induction - Segment focus
  • Plasma Induction India Pvt. Ltd. - Overview
  • Plasma Induction India Pvt. Ltd. - Product and service
  • Plasma Induction India Pvt. Ltd. - Key offerings
  • Plasma Induction India Pvt. Ltd. - Key customers
  • Plasma Induction India Pvt. Ltd. - Segment focus
  • Priyanka Induction Supermelt - Overview
  • Priyanka Induction Supermelt - Product and service
  • Priyanka Induction Supermelt - Key offerings
  • Priyanka Induction Supermelt - Key customers
  • Priyanka Induction Supermelt - Segment focus
  • UVRAX ENGINEERING OPC Pvt. Ltd. - Overview
  • UVRAX ENGINEERING OPC Pvt. Ltd. - Product and service
  • UVRAX ENGINEERING OPC Pvt. Ltd. - Key offerings
  • UVRAX ENGINEERING OPC Pvt. Ltd. - Key customers
  • UVRAX ENGINEERING OPC Pvt. Ltd. - Segment focus
  • Currency conversion rates for US$
  • Research Methodology
  • Validation techniques employed for market sizing
  • Information sources
  • List of abbreviations

Executive Summary

The publisher recognizes the following companies as the key players in the induction furnace market in India: Electro Power Enterprise, Foster Induction Pvt. Ltd., HK Malvi Industries, Inductotherm Group, Jyoti CNC Automation Ltd., Magnalenz, Orbit Induction, Plasma Induction India Pvt. Ltd., Priyanka Induction Supermelt, and UVRAX ENGINEERING OPC Pvt. Ltd.

Commenting on the report, an analyst from the research team said: `The latest trend gaining momentum in the market is the Make in India initiative.`

According to the report, one of the major drivers for this market is the increasing business confidence within the furnace industry.

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

A selection of companies mentioned in this report includes:

  • Electro Power Enterprise
  • Foster Induction Pvt. Ltd.
  • HK Malvi Industries
  • Inductotherm Group
  • Jyoti CNC Automation Ltd.
  • Magnalenz
  • Orbit Induction
  • Plasma Induction India Pvt. Ltd.
  • Priyanka Induction Supermelt
  • UVRAX ENGINEERING OPC Pvt. Ltd.