Description

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.

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 20152019. 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.

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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

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Table of Content

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

07. Market Segmentation by End-Users
07.1 IF Market in Indian by Steel Industry
07.2 IF Market in Indian by Copper Industry
07.3 IF Market in Indian by Aluminum Industry

08. Geographical Segmentation
08.1 IF Market in Karnataka
08.1.1 Market Size and Forecast
08.2 IF Market in Maharashtra
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
17.2 Electrotherm
17.3 Inductotherm
17.4 Megatherm

18. Other Reports in this Series

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