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Worldwide Electric Arc Furnaces Industry to 2024 - Increasing Availability of Scrap Steel is Driving Growth

Research and Markets
·4-min read

Dublin, Dec. 22, 2020 (GLOBE NEWSWIRE) -- The "Global Electric Arc Furnaces Market 2020-2024" report has been added to'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

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