Market Research Report

Industrial Furnace Market, Global Outlook and Forecast 2023-2029

  • AMR ID : 7-14422
  • CAT ID : 10
  • Pages : 167
  • Date : Jun 2023
 

The global Industrial Furnace market was valued at US$ 11340 million in 2022 and is projected to reach US$ 17890 million by 2029, at a CAGR of 6.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global key players of industrial furnace include Andritz, Inductotherm Corp and Despatch. Global top three manufacturers hold a share about 5%. The global origin is mainly located in North America, Europe, China and Japan, with Europe being the largest production region, holding about 34% of the market share. Combustion type is the largest segment, with a share about 58%. And in terms of application, the largest application is surface coating, with a share about 35%.
An industrial furnace, also known as a direct heater or a direct fired heater, is a device used to provide heat for an industrial process, typically higher than 400 degrees Celsius. They are used to provide heat for a process or can serve as reactor which provides heats of reaction. Furnace designs vary as to its function, heating duty, type of fuel and method of introducing combustion air. Heat is generated by an industrial furnace by mixing fuel with air or oxygen, or from electrical energy. The residual heat will exit the furnace as flue gas.
This report aims to provide a comprehensive presentation of the global market for Industrial Furnace, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Industrial Furnace. This report contains market size and forecasts of Industrial Furnace in global, including the following market information:
Global Industrial Furnace Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Industrial Furnace Market Sales, 2018-2023, 2024-2029, (Units)
Global top five Industrial Furnace companies in 2022 (%)
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Industrial Furnace manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Industrial Furnace Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Industrial Furnace Market Segment Percentages, by Type, 2022 (%)
Combustion Type
Electric Type
Global Industrial Furnace Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Industrial Furnace Market Segment Percentages, by Application, 2022 (%)
Application 1
Application 2
Global Industrial Furnace Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Industrial Furnace Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Industrial Furnace revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Industrial Furnace revenues share in global market, 2022 (%)
Key companies Industrial Furnace sales in global market, 2018-2023 (Estimated), (Units)
Key companies Industrial Furnace sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Andritz
Danieli
Tenova
Aichelin Group
Chugai Ro
ALD
Inductotherm Corp
SECO/WARWICK
Ipsen
Phoenix Furnace
PVA TePla
Despatch
Nachi-Fujikoshi
Gasbarre Furnace
Mersen
ECM Group
Surface Combustion
CEC
Nutec Group
Sistem Teknik
AVS
Wisconsin Oven
TAV Vacuum
Cieffe(Accu)
Outline of Major Chapters:
Chapter 1: Introduces the definition of Industrial Furnace, market overview.
Chapter 2: Global Industrial Furnace market size in revenue and volume.
Chapter 3: Detailed analysis of Industrial Furnace manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Industrial Furnace in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Industrial Furnace capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.

1 Introduction to Research & Analysis Reports
1.1 Industrial Furnace Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Industrial Furnace Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Industrial Furnace Overall Market Size
2.1 Global Industrial Furnace Market Size: 2022 VS 2029
2.2 Global Industrial Furnace Revenue, Prospects & Forecasts: 2018-2029
2.3 Global Industrial Furnace Sales: 2018-2029
3 Company Landscape
3.1 Top Industrial Furnace Players in Global Market
3.2 Top Global Industrial Furnace Companies Ranked by Revenue
3.3 Global Industrial Furnace Revenue by Companies
3.4 Global Industrial Furnace Sales by Companies
3.5 Global Industrial Furnace Price by Manufacturer (2018-2023)
3.6 Top 3 and Top 5 Industrial Furnace Companies in Global Market, by Revenue in 2022
3.7 Global Manufacturers Industrial Furnace Product Type
3.8 Tier 1, Tier 2 and Tier 3 Industrial Furnace Players in Global Market
3.8.1 List of Global Tier 1 Industrial Furnace Companies
3.8.2 List of Global Tier 2 and Tier 3 Industrial Furnace Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type - Global Industrial Furnace Market Size Markets, 2022 & 2029
4.1.2 Combustion Type
4.1.3 Electric Type
4.2 By Type - Global Industrial Furnace Revenue & Forecasts
4.2.1 By Type - Global Industrial Furnace Revenue, 2018-2023
4.2.2 By Type - Global Industrial Furnace Revenue, 2024-2029
4.2.3 By Type - Global Industrial Furnace Revenue Market Share, 2018-2029
4.3 By Type - Global Industrial Furnace Sales & Forecasts
4.3.1 By Type - Global Industrial Furnace Sales, 2018-2023
4.3.2 By Type - Global Industrial Furnace Sales, 2024-2029
4.3.3 By Type - Global Industrial Furnace Sales Market Share, 2018-2029
4.4 By Type - Global Industrial Furnace Price (Manufacturers Selling Prices), 2018-2029
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Industrial Furnace Market Size, 2022 & 2029
5.1.2 Application 1
5.1.3 Application 2
5.2 By Application - Global Industrial Furnace Revenue & Forecasts
5.2.1 By Application - Global Industrial Furnace Revenue, 2018-2023
5.2.2 By Application - Global Industrial Furnace Revenue, 2024-2029
5.2.3 By Application - Global Industrial Furnace Revenue Market Share, 2018-2029
5.3 By Application - Global Industrial Furnace Sales & Forecasts
5.3.1 By Application - Global Industrial Furnace Sales, 2018-2023
5.3.2 By Application - Global Industrial Furnace Sales, 2024-2029
5.3.3 By Application - Global Industrial Furnace Sales Market Share, 2018-2029
5.4 By Application - Global Industrial Furnace Price (Manufacturers Selling Prices), 2018-2029
6 Sights by Region
6.1 By Region - Global Industrial Furnace Market Size, 2022 & 2029
6.2 By Region - Global Industrial Furnace Revenue & Forecasts
6.2.1 By Region - Global Industrial Furnace Revenue, 2018-2023
6.2.2 By Region - Global Industrial Furnace Revenue, 2024-2029
6.2.3 By Region - Global Industrial Furnace Revenue Market Share, 2018-2029
6.3 By Region - Global Industrial Furnace Sales & Forecasts
6.3.1 By Region - Global Industrial Furnace Sales, 2018-2023
6.3.2 By Region - Global Industrial Furnace Sales, 2024-2029
6.3.3 By Region - Global Industrial Furnace Sales Market Share, 2018-2029
6.4 North America
6.4.1 By Country - North America Industrial Furnace Revenue, 2018-2029
6.4.2 By Country - North America Industrial Furnace Sales, 2018-2029
6.4.3 US Industrial Furnace Market Size, 2018-2029
6.4.4 Canada Industrial Furnace Market Size, 2018-2029
6.4.5 Mexico Industrial Furnace Market Size, 2018-2029
6.5 Europe
6.5.1 By Country - Europe Industrial Furnace Revenue, 2018-2029
6.5.2 By Country - Europe Industrial Furnace Sales, 2018-2029
6.5.3 Germany Industrial Furnace Market Size, 2018-2029
6.5.4 France Industrial Furnace Market Size, 2018-2029
6.5.5 U.K. Industrial Furnace Market Size, 2018-2029
6.5.6 Italy Industrial Furnace Market Size, 2018-2029
6.5.7 Russia Industrial Furnace Market Size, 2018-2029
6.5.8 Nordic Countries Industrial Furnace Market Size, 2018-2029
6.5.9 Benelux Industrial Furnace Market Size, 2018-2029
6.6 Asia
6.6.1 By Region - Asia Industrial Furnace Revenue, 2018-2029
6.6.2 By Region - Asia Industrial Furnace Sales, 2018-2029
6.6.3 China Industrial Furnace Market Size, 2018-2029
6.6.4 Japan Industrial Furnace Market Size, 2018-2029
6.6.5 South Korea Industrial Furnace Market Size, 2018-2029
6.6.6 Southeast Asia Industrial Furnace Market Size, 2018-2029
6.6.7 India Industrial Furnace Market Size, 2018-2029
6.7 South America
6.7.1 By Country - South America Industrial Furnace Revenue, 2018-2029
6.7.2 By Country - South America Industrial Furnace Sales, 2018-2029
6.7.3 Brazil Industrial Furnace Market Size, 2018-2029
6.7.4 Argentina Industrial Furnace Market Size, 2018-2029
6.8 Middle East & Africa
6.8.1 By Country - Middle East & Africa Industrial Furnace Revenue, 2018-2029
6.8.2 By Country - Middle East & Africa Industrial Furnace Sales, 2018-2029
6.8.3 Turkey Industrial Furnace Market Size, 2018-2029
6.8.4 Israel Industrial Furnace Market Size, 2018-2029
6.8.5 Saudi Arabia Industrial Furnace Market Size, 2018-2029
6.8.6 UAE Industrial Furnace Market Size, 2018-2029
7 Manufacturers & Brands Profiles
7.1 Andritz
7.1.1 Andritz Company Summary
7.1.2 Andritz Business Overview
7.1.3 Andritz Industrial Furnace Major Product Offerings
7.1.4 Andritz Industrial Furnace Sales and Revenue in Global (2018-2023)
7.1.5 Andritz Key News & Latest Developments
7.2 Danieli
7.2.1 Danieli Company Summary
7.2.2 Danieli Business Overview
7.2.3 Danieli Industrial Furnace Major Product Offerings
7.2.4 Danieli Industrial Furnace Sales and Revenue in Global (2018-2023)
7.2.5 Danieli Key News & Latest Developments
7.3 Tenova
7.3.1 Tenova Company Summary
7.3.2 Tenova Business Overview
7.3.3 Tenova Industrial Furnace Major Product Offerings
7.3.4 Tenova Industrial Furnace Sales and Revenue in Global (2018-2023)
7.3.5 Tenova Key News & Latest Developments
7.4 Aichelin Group
7.4.1 Aichelin Group Company Summary
7.4.2 Aichelin Group Business Overview
7.4.3 Aichelin Group Industrial Furnace Major Product Offerings
7.4.4 Aichelin Group Industrial Furnace Sales and Revenue in Global (2018-2023)
7.4.5 Aichelin Group Key News & Latest Developments
7.5 Chugai Ro
7.5.1 Chugai Ro Company Summary
7.5.2 Chugai Ro Business Overview
7.5.3 Chugai Ro Industrial Furnace Major Product Offerings
7.5.4 Chugai Ro Industrial Furnace Sales and Revenue in Global (2018-2023)
7.5.5 Chugai Ro Key News & Latest Developments
7.6 ALD
7.6.1 ALD Company Summary
7.6.2 ALD Business Overview
7.6.3 ALD Industrial Furnace Major Product Offerings
7.6.4 ALD Industrial Furnace Sales and Revenue in Global (2018-2023)
7.6.5 ALD Key News & Latest Developments
7.7 Inductotherm Corp
7.7.1 Inductotherm Corp Company Summary
7.7.2 Inductotherm Corp Business Overview
7.7.3 Inductotherm Corp Industrial Furnace Major Product Offerings
7.7.4 Inductotherm Corp Industrial Furnace Sales and Revenue in Global (2018-2023)
7.7.5 Inductotherm Corp Key News & Latest Developments
7.8 SECO/WARWICK
7.8.1 SECO/WARWICK Company Summary
7.8.2 SECO/WARWICK Business Overview
7.8.3 SECO/WARWICK Industrial Furnace Major Product Offerings
7.8.4 SECO/WARWICK Industrial Furnace Sales and Revenue in Global (2018-2023)
7.8.5 SECO/WARWICK Key News & Latest Developments
7.9 Ipsen
7.9.1 Ipsen Company Summary
7.9.2 Ipsen Business Overview
7.9.3 Ipsen Industrial Furnace Major Product Offerings
7.9.4 Ipsen Industrial Furnace Sales and Revenue in Global (2018-2023)
7.9.5 Ipsen Key News & Latest Developments
7.10 Phoenix Furnace
7.10.1 Phoenix Furnace Company Summary
7.10.2 Phoenix Furnace Business Overview
7.10.3 Phoenix Furnace Industrial Furnace Major Product Offerings
7.10.4 Phoenix Furnace Industrial Furnace Sales and Revenue in Global (2018-2023)
7.10.5 Phoenix Furnace Key News & Latest Developments
7.11 PVA TePla
7.11.1 PVA TePla Company Summary
7.11.2 PVA TePla Industrial Furnace Business Overview
7.11.3 PVA TePla Industrial Furnace Major Product Offerings
7.11.4 PVA TePla Industrial Furnace Sales and Revenue in Global (2018-2023)
7.11.5 PVA TePla Key News & Latest Developments
7.12 Despatch
7.12.1 Despatch Company Summary
7.12.2 Despatch Industrial Furnace Business Overview
7.12.3 Despatch Industrial Furnace Major Product Offerings
7.12.4 Despatch Industrial Furnace Sales and Revenue in Global (2018-2023)
7.12.5 Despatch Key News & Latest Developments
7.13 Nachi-Fujikoshi
7.13.1 Nachi-Fujikoshi Company Summary
7.13.2 Nachi-Fujikoshi Industrial Furnace Business Overview
7.13.3 Nachi-Fujikoshi Industrial Furnace Major Product Offerings
7.13.4 Nachi-Fujikoshi Industrial Furnace Sales and Revenue in Global (2018-2023)
7.13.5 Nachi-Fujikoshi Key News & Latest Developments
7.14 Gasbarre Furnace
7.14.1 Gasbarre Furnace Company Summary
7.14.2 Gasbarre Furnace Business Overview
7.14.3 Gasbarre Furnace Industrial Furnace Major Product Offerings
7.14.4 Gasbarre Furnace Industrial Furnace Sales and Revenue in Global (2018-2023)
7.14.5 Gasbarre Furnace Key News & Latest Developments
7.15 Mersen
7.15.1 Mersen Company Summary
7.15.2 Mersen Business Overview
7.15.3 Mersen Industrial Furnace Major Product Offerings
7.15.4 Mersen Industrial Furnace Sales and Revenue in Global (2018-2023)
7.15.5 Mersen Key News & Latest Developments
7.16 ECM Group
7.16.1 ECM Group Company Summary
7.16.2 ECM Group Business Overview
7.16.3 ECM Group Industrial Furnace Major Product Offerings
7.16.4 ECM Group Industrial Furnace Sales and Revenue in Global (2018-2023)
7.16.5 ECM Group Key News & Latest Developments
7.17 Surface Combustion
7.17.1 Surface Combustion Company Summary
7.17.2 Surface Combustion Business Overview
7.17.3 Surface Combustion Industrial Furnace Major Product Offerings
7.17.4 Surface Combustion Industrial Furnace Sales and Revenue in Global (2018-2023)
7.17.5 Surface Combustion Key News & Latest Developments
7.18 CEC
7.18.1 CEC Company Summary
7.18.2 CEC Business Overview
7.18.3 CEC Industrial Furnace Major Product Offerings
7.18.4 CEC Industrial Furnace Sales and Revenue in Global (2018-2023)
7.18.5 CEC Key News & Latest Developments
7.19 Nutec Group
7.19.1 Nutec Group Company Summary
7.19.2 Nutec Group Business Overview
7.19.3 Nutec Group Industrial Furnace Major Product Offerings
7.19.4 Nutec Group Industrial Furnace Sales and Revenue in Global (2018-2023)
7.19.5 Nutec Group Key News & Latest Developments
7.20 Sistem Teknik
7.20.1 Sistem Teknik Company Summary
7.20.2 Sistem Teknik Business Overview
7.20.3 Sistem Teknik Industrial Furnace Major Product Offerings
7.20.4 Sistem Teknik Industrial Furnace Sales and Revenue in Global (2018-2023)
7.20.5 Sistem Teknik Key News & Latest Developments
7.21 AVS
7.21.1 AVS Company Summary
7.21.2 AVS Business Overview
7.21.3 AVS Industrial Furnace Major Product Offerings
7.21.4 AVS Industrial Furnace Sales and Revenue in Global (2018-2023)
7.21.5 AVS Key News & Latest Developments
7.22 Wisconsin Oven
7.22.1 Wisconsin Oven Company Summary
7.22.2 Wisconsin Oven Business Overview
7.22.3 Wisconsin Oven Industrial Furnace Major Product Offerings
7.22.4 Wisconsin Oven Industrial Furnace Sales and Revenue in Global (2018-2023)
7.22.5 Wisconsin Oven Key News & Latest Developments
7.23 TAV Vacuum
7.23.1 TAV Vacuum Company Summary
7.23.2 TAV Vacuum Business Overview
7.23.3 TAV Vacuum Industrial Furnace Major Product Offerings
7.23.4 TAV Vacuum Industrial Furnace Sales and Revenue in Global (2018-2023)
7.23.5 TAV Vacuum Key News & Latest Developments
7.24 Cieffe(Accu)
7.24.1 Cieffe(Accu) Company Summary
7.24.2 Cieffe(Accu) Business Overview
7.24.3 Cieffe(Accu) Industrial Furnace Major Product Offerings
7.24.4 Cieffe(Accu) Industrial Furnace Sales and Revenue in Global (2018-2023)
7.24.5 Cieffe(Accu) Key News & Latest Developments
8 Global Industrial Furnace Production Capacity, Analysis
8.1 Global Industrial Furnace Production Capacity, 2018-2029
8.2 Industrial Furnace Production Capacity of Key Manufacturers in Global Market
8.3 Global Industrial Furnace Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
9.1 Market Opportunities & Trends
9.2 Market Drivers
9.3 Market Restraints
10 Industrial Furnace Supply Chain Analysis
10.1 Industrial Furnace Industry Value Chain
10.2 Industrial Furnace Upstream Market
10.3 Industrial Furnace Downstream and Clients
10.4 Marketing Channels Analysis
10.4.1 Marketing Channels
10.4.2 Industrial Furnace Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
12.1 Note
12.2 Examples of Clients
12.3 Disclaimer

 
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The report efficiently evaluates the market from various dimensions to deliver an end-product that is informative, elaborate, and accurate and includes detailed market segmentation, regional analysis, and competitive landscape of the industry.
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Market is segmented by Types, Applications, Technology, End-use Industries, and Regions.
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