About Induction Furnace Induction furnace is an electrical furnace that facilitates melting of metal using induction heating. It is an energy-efficient and easily-controlled melting process, based on the heating effect of the electromagnetic field. A typical induction furnace comprises inductor coil, shell, crucible, and cooling system, and a tilting mechanism for pouring the molten metal. The inductor coil generates magnetic flux as alternating current passes through it. It is the magnetic flux that creates the heating effect inside the furnace. Typically, the efficiency of an induction furnace ranges between 60-80%, depending on the capacity in terms of volume of the furnace, the properties of the metal being melted, and the speed of the entire process of melting. Induction furnace has emerged as a boon for small-scale metal manufacturers. It is smaller in size, when compared to Electric Arc Furnace, and has low operational cost. Besides, it comes at an affordable price, which makes the induction furnace the first choice for small scale companies. Technavio analysts forecast that the induction furnace market in India... Research Beam Model: Research Beam Product ID: 250854 2500 USD New
Induction Furnace (IF) Market in India 2015-2019
 
 

Induction Furnace (IF) Market in India 2015-2019

  • Category : Construction & Manufacturing
  • Published On : July   2015
  • Pages : 56
  • Publisher : Technavio
 
 
 
About Induction Furnace

Induction furnace is an electrical furnace that facilitates melting of metal using induction heating. It is an energy-efficient and easily-controlled melting process, based on the heating effect of the electromagnetic field. A typical induction furnace comprises inductor coil, shell, crucible, and cooling system, and a tilting mechanism for pouring the molten metal. The inductor coil generates magnetic flux as alternating current passes through it. It is the magnetic flux that creates the heating effect inside the furnace. Typically, the efficiency of an induction furnace ranges between 60-80%, depending on the capacity in terms of volume of the furnace, the properties of the metal being melted, and the speed of the entire process of melting.

Induction furnace has emerged as a boon for small-scale metal manufacturers. It is smaller in size, when compared to Electric Arc Furnace, and has low operational cost. Besides, it comes at an affordable price, which makes the induction furnace the first choice for small scale companies.

Technavio analysts forecast that the induction furnace market in India will grow at a CAGR of 6.24% during 2014-2019.

Covered in this Report

In this report, Technavio covers the present scenario and growth prospects of the induction furnace market in India during 2015–2019. To calculate the market size and vendor share, the report considers the revenue obtained from the sales of ferrous and non-ferrous industrial casting products.

The Technavio report, Induction Furnace Market in India 2015-2019, is based on an in-depth market analysis, with inputs from industry experts. The report covers induction furnace market landscape in India and its growth prospects in the forecast period. The report also includes a discussion on the key vendors operating in the market.

Key Vendors
• ABP Induction System
• Electrotherm (India)
• Inductotherm Group India
• Megatherm

Other Prominent Vendors
• Agni Electrical
• Indotherm
• Magnalenz Induction Melting Furnace
• Pees Induction Equipment

Market Driver
• High Capacity Building Rate of Steel and Copper Industry
• For a full, detailed list, view our report

Market Challenge
• Highly Fragmented Market
• For a full, detailed list, view our report

Market Trend
• Adoption of Energy Efficient Induction Furnace
• For a full, detailed list, view our report

Key Questions Answered in this Report
• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
03.1 Market Overview
03.2 Product Offerings
04. Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology
05. Introduction
06. Market Landscape
06.1 Market Size and Forecast
06.2 Political Analysis
06.3 Economic Analysis
06.4 Environmental
06.5 Five Forces Analysis
07. Market Segmentation by End-Users
07.1 IF Market in Indian by Steel Industry
07.1.1 Market Size and Forecast
07.2 IF Market in Indian by Copper Industry
07.2.1 Market Size and Forecast
07.3 IF Market in Indian by Aluminum Industry
07.3.1 Market Size and Forecast
07.4 IF Market in Indian by Zinc Industry
07.4.1 Market Size and Forecast
08. Geographical Segmentation
08.1 IF Market in Karnataka
08.1.1 Market Size and Forecast
08.2 IF Market in Maharashtra
08.2.1 Market Size and Forecast
08.3 IF Market in Punjab
08.3.1 Market Size and Forecast
08.4 IF Market in Tamil Nadu
08.4.1 Market Size and Forecast
08.5 IF Market in Uttar Pradesh
08.5.1 Market Size and Forecast
09. Buying Criteria
10. Market Growth Drivers
11. Drivers and their Impact
12. Market Challenges
13. Impact of Drivers and Challenges
14. Market Trends
15. Trends and their Impact
16. Vendor Landscape
16.1 Competitive Scenario
17. Key Vendor Analysis
17.1 ABP Induction
17.1.1 Key Facts
17.1.2 Business Overview
17.1.3 SWOT Analysis
17.2 Electrotherm
17.2.1 Key Facts
17.2.2 Business Overview
17.2.3 Business Segmentation by Revenue 2015
17.2.4 Business Strategy
17.2.5 SWOT Analysis
17.3 Inductotherm
17.3.1 Key Facts
17.3.2 Business Overview
17.3.3 SWOT Analysis
17.4 Megatherm
17.4.1 Key Facts
17.4.2 Business Overview
17.4.3 Product Categories
17.4.4 SWOT Analysis
18. Other Reports in this Series

List Of Exhibits
Exhibit 1: IF by Both End-user and Region
Exhibit 2: Market Research Methodology
Exhibit 3: IF Market in India 2014-2019 ($ millions)
Exhibit 4: IF Market in India: Segmentation by End-user 2014
Exhibit 5: IF Market in India: Segmentation by End-user 2019
Exhibit 6: IF Market in India: Segmentation by End-user 2014-2019
Exhibit 7: IF Market in India by Steel Industry 2014-2019 ($ millions)
Exhibit 8: IF Market in India by Copper Industry 2014-2019 ($ millions)
Exhibit 9: Copper Usage across Various Industries
Exhibit 10: IF Market in India by Aluminum Industry 2014-2019 ($ millions)
Exhibit 11: IF Market in India by Zinc Industry 2014-2019 ($ millions)
Exhibit 12: IF Market in India: Zonal Segmentation 2014
Exhibit 13: IF Market in India: Zonal Segmentation 2019
Exhibit 14: IF Market in India: Zonal Segmentation 2014-2019
Exhibit 15: IF Market in Karnataka 2014-2019 ($ millions)
Exhibit 16: IF Market in Maharashtra 2014-2019 ($ millions)
Exhibit 17: IF Market in Punjab 2014-2019 ($ millions)
Exhibit 18: IF Market in Tamil Nadu 2014-2019 ($ millions)
Exhibit 19: IF Market in Uttar Pradesh 2014-2019 ($ millions)
Exhibit 20: Investment in 12th Five-year Plan ($ billions)
Exhibit 21: Electrotherm: Business Segmentation by Revenue 2015
Exhibit 22: Megatherm: Product Categories

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