Global Market Outlook for Industrial Furnaces & Ovens 2019-2024: Railroad Sector Offers Tremendous Growth Potential

DUBLIN, June 13, 2019 /PRNewswire/ -- The "Industrial Furnaces and Ovens: Global Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.

The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Middle East & Africa, and Latin America. Annual estimates and forecasts are provided for the period 2016 through 2024. Also, a five-year historic analysis is provided for these markets.

This report analyzes the worldwide markets for Industrial Furnaces and Ovens in US$ Million by the following Product Groups/Segments:

• Electrical Industrial Furnaces & Ovens (Electric Furnaces, Electric Ovens and Kilns, and Other Electric Furnaces & Ovens)
• Induction & Dielectric Furnaces & Ovens
• Industrial Electric Heating Equipment
• Fuel-Fired Industrial Furnaces & Ovens
• Other Industrial Furnaces & Ovens

The report profiles 227 companies including many key and niche players such as:

• AFC-Holcroft (USA)
• Airtec Thermoprocess GmbH (Germany)
• AVS, Inc. (USA)
• Can-Eng Furnaces International Limited (Canada)
• Carbolite Gero Ltd. (UK)
• CERI Phoenix Industrial Furnace CO., LTD. (Japan)
• CM Furnaces, Inc. (USA)
• Consolidated Engineering Company (USA)
• Despatch Industries, Inc. (USA)
• Dijko Ovens BV (Netherlands)
• Dowa Thermotech Co., Ltd. (Japan)
• G-M Enterprises (USA)
• Gasbarre Furnace Group (USA)
• Grieve Corporation (USA)
• Inductotherm Corporation (USA)
• Industrial Furnace Company (USA)
• International Thermal Systems LLC (USA)
• Ipsen (USA)
• JLS Redditch, Ltd. (UK)
• Keith Company (USA)
• Kilns & Furnaces Ltd. (UK)
• Lenton Furnaces & Ovens (UK)
• Nachi-Fujikoshi Corp. (Japan)
• Nutec Bickley (Mexico)
• Pyradia, Inc. (Canada)
• Rogers Engineering & Manufacturing Co., Inc. (USA)
• SECO/WARWICK S.A. (Poland)
• Shenwu Technology Group Corp Co., Ltd. (China)
• Solar Manufacturing (USA)
• Solo Swiss Group (Switzerland)
• Surface Combustion, Inc. (USA)
• Tenova S.P.A (Italy)
• VAC AERO International, Inc. (Canada)
• Wisconsin Oven Corporation (USA)

Key Topics Covered

1. INDUSTRY OVERVIEW

• A Prelude
• Outlook
• Key Benefits Driving Demand for Industrial Furnaces
• Factors Influencing Choice of Industrial Furnace Control Systems
• Developing Countries Continue to Offer Significant Growth Opportunities
• Industrial Furnaces and Ovens: Primarily Driven by End-Use Markets

2. MARKET DRIVERS, TRENDS & ISSUES

• Positive Global Economy Buoys General Market Optimism
• Steady Acceleration in Global PMI Benefits Market Growth
• Growing Demand for Iron and Steel Drives the Industrial Furnaces and Ovens Market
• Opportunity Indicators
• Industrial Furnaces Reduce Production Costs and Pollution Levels in Automobiles Manufacturing
• Increase in Automotive Production Bodes Well for the Industrial Furnaces and Ovens Market
• Healthy Outlook for the Aerospace Industry Boosts Market Prospects
• Opportunity Indicators
• Improved CapEx Prospects in Oil & Gas Sector to Benefit Demand
• Strong Demand from the Solar Energy Sector Augurs Well for Market Expansion
• Railroad Sector Offers Tremendous Growth Potential
• Robust Demand for Mining, Melting, and Metal Alloy Machinery Spur Market Growth
• Rising Demand from the Medical Sector Lends Traction to Market Growth
• Energy Efficiency: A Major Cost Driver for Industrial Furnaces and Ovens
• Technology Advancements: Spearheading Growth
• Recent Industrial Furnaces and Ovens Advancements
• IIoT and Smart Manufacturing Herald A New Phase in Evolution of Industrial Furnaces And Ovens
• Customer Centric Focus to Drive Adoption of Smart Technologies
• Customized Industrial Ovens Gain Rapid Market Acceptance
• Industrial Furnaces Facilitate Efficient Electrical Component Manufacturing
• Oxygen Technologies Increase Furnace Efficiency
• Competition: Noteworthy Trends
• Manufacturers Focus on Use of Advanced Production Technology
• Phase-out of Older Furnaces
• New Hybrid Furnace Forays into the Market
• Furnaces: A Major Source of Heat Loss
• Export Statistics

3. PRODUCT OVERVIEW

• Types of Fuel Used in Industrial Furnaces
• Market Segmentation
• Electric Furnaces
• Flickers and Harmonics in EAFs
• Twin-shell Electric Arc Furnaces
• DC Furnaces Score over AC Furnaces
• Graphite Electrodes Used in EAFs
• Induction Furnaces
• Electric Induction Furnaces
• Throatless Inductors for Induction Furnaces
• Industrial Electric Heating Equipment
• Fuel-Fired Furnaces
• Pulse-fire Burners for Greater Efficiency
• Direct Versus Indirect Ambient Air Design
• The Concept of Kiln-firing
• Oxy-fuel Firing
• Other Furnaces & Ovens
• Vacuum Furnaces
• Vertical Furnaces
• Rapid Thermal Processing (RTP)
• High-Pressure Furnace Systems
• Batch Furnace
• Blast Furnace
• Heat Treatment Equipment
• Forging Furnaces
• Continuous Steel Reheating Furnaces
• Rerolling Mill Furnace
• Batch Type Rerolling Mill Furnace
• Continuous Pusher Type Furnace
• Laboratory Furnaces
• Chamber Furnaces
• Conveyor Belt Furnaces
• Conveyor Ovens
• Car Bottom Furnaces
• Top Hat Furnaces
• Gas Furnaces
• Pit Furnaces

4. RECENT INDUSTRY ACTIVITY

• Rotor Clip Buys AFC-Holcroft Carburizing and Austempering Line
• Despatch Launches New Designs of Cabinet Ovens for Smaller Footprint
• Nutec Bickley Buys Assets of Olson Industries
• UPC Takes Over Atmosphere Engineering
• SECO/VACUUM to Host Open House
• HTSU Takes Over Furnace Mechanix
• Despatch Launches New 48-Cubic-Foot PTC Top-Loading Oven
• Baker Furnace Relocates to New Facility
• AICHELIN Takes Over AFC-Holcroft
• Despatch Launches LFC2-12 Larger Capacity Lab Oven
• AMG Acquires AFC-Holcroft's Share in ALD-Holcroft Joint Venture

5. FOCUS ON SELECT PLAYERS

6. GLOBAL MARKET PERSPECTIVE

Total Companies Profiled: 227 (including Divisions/Subsidiaries - 245)

• The United States (45)
• Canada (3)
• Japan (6)
• Europe (156)
• France (13)
• Germany (34)
• The United Kingdom (39)
• Italy (19)
• Spain (7)
• Rest of Europe (44)
• Asia-Pacific (Excluding Japan) (32)
• Middle East (1)
• Latin America (1)
• Africa (1)

For more information about this report visit https://www.researchandmarkets.com/r/1iyghp

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