Worldwide Electric Arc Furnaces Industry to 2024 - Increasing Availability of Scrap Steel is Driving Growth
Dublin, Dec. 22, 2020 (GLOBE NEWSWIRE) -- The "Global Electric Arc Furnaces Market 2020-2024" report has been added to ResearchAndMarkets.com's offering.
The publisher has been monitoring the electric arc furnaces market and it is poised to grow by $526.50 million during 2020-2024 progressing at a CAGR of 11% during the forecast period. The report on the electric arc furnaces market 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 global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the lower investment requirements of EAF route than BF-BOF route and the increasing availability of scrap steel.
The electric arc furnaces market analysis includes the technology segment and geographical landscapes. This study identifies new emission regulations in China as one of the prime reasons driving the electric arc furnaces market growth during the next few years.
The report on electric arc furnaces market covers the following areas:
Electric arc furnaces market sizing
Electric arc furnaces market forecast
Electric arc furnaces 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 electric arc furnaces market vendors that include Danieli & C. Officine Meccaniche Spa, Electrotherm (India) Ltd., IHI Corp., JP Steel Plantech Co., Nippon Steel Corp., Primetals Technologies Ltd., Siemens AG, Sinosteel Corp., SMS group GmbH, and Tenova Spa. Also, the electric arc furnaces market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on 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 an accurate market growth.
Key Topics Covered:
1. Executive Summary
Market Overview
2. Market Landscape
Market ecosystem
Market characteristics
Value chain analysis
3. Market Sizing
Market definition
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019 - 2024
4. 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
5. Market Segmentation by Technology
Market segments
Comparison by Technology
DC arc furnace - Market size and forecast 2019-2024
AC arc furnace - Market size and forecast 2019-2024
Market opportunity by Technology
6. Customer landscape
7. Geographic Landscape
Geographic segmentation
Geographic comparison
APAC - Market size and forecast 2019-2024
Europe - Market size and forecast 2019-2024
North America - Market size and forecast 2019-2024
MEA - Market size and forecast 2019-2024
South America - Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography
Market drivers
Market challenges
Market trends
8. Vendor Landscape
Vendor Landscape
Landscape disruption
Competitive scenario
9. Vendor Analysis
Vendors covered
Market positioning of vendors
Danieli & C. Officine Meccaniche Spa
Electrotherm (India) Ltd.
IHI Corp.
JP Steel Plantech Co.
Nippon Steel Corp.
Primetals Technologies Ltd.
Siemens AG
Sinosteel Corp.
SMS group GmbH
Tenova Spa
10. Appendix
Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations
For more information about this report visit https://www.researchandmarkets.com/r/mgh7ob
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