Induction Furnace Market in India 2022-2025: Increasing Business Confidence Within Furnace Industry and the Focus on Technology Upgrades Driving Growth – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Induction Furnace Market in India 2021-2025” report has been added to ResearchAndMarkets.com’s offering.

The induction furnace market in India is poised to grow by $ 74.81 mn during 2021-2025, progressing at a CAGR of 6.63% during the forecast period. The market is driven by increasing business confidence within furnace industry and the focus on technology upgrades.

This study identifies the Make in India initiative as one of the prime reasons driving the induction furnace market in India growth during the next few years.

Key Players

• Electro Power Enterprise
• Foster Induction Pvt. Ltd.
• HK Malvi Industries
• Inductotherm Group
• Jyoti CNC Automation Ltd.
• Magnalenz
• Orbit Induction
• Plasma Induction India Pvt. Ltd.
• Priyanka Induction Supermelt
• UVRAX ENGINEERING OPC Pvt. Ltd.

The induction furnace market in India is segmented as below:

By End-user

• Steel industry
• Copper industry
• Aluminum industry
• Zinc industry

By Type

• Channel induction furnaces
• Coreless induction furnaces

The report on induction furnace market in India covers the following areas:

• Induction furnace market sizing
• Induction furnace market forecast
• Induction furnace market industry analysis

Key Topics Covered:

Executive Summary

Market Landscape

Market Sizing

Five Forces Analysis

Market Segmentation by End-user

Market Segmentation by Type

Customer landscape

Vendor Landscape

Vendor Analysis

Appendix

For more information about this report visit https://www.researchandmarkets.com/r/y73m9v

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