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The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising demand for steel and alloys in India, increasing government support to boost industrial growth in India, and the growing foundry industry in India.
The induction furnace market in India is segmented as below:
By Type
- Channel induction furnaces
- Coreless induction furnaces
By End-user
- Steel industry
- Copper industry
- Aluminum industry
- Zinc industry
By Capacity
- More than 100 ton
- Upto 1 ton
By Geography
- APAC
The report on the induction furnace market in India covers the following areas:
- Induction furnace market in India sizing
- Induction furnace market in India forecast
- Induction furnace market in India industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
Executive Summary
The publisher recognizes the following companies as the key players in the induction furnace market in India: Agni Electrical Pvt. Ltd., Electro Power Enterprise, Eltech Electrodesigns and Energy Systems Pvt. Ltd., Foster Induction Pvt. Ltd., Heatcon Sensors Pvt. Ltd., HK Malvi Industries, Indotherm Furnace Pvt. Ltd., Inductotherm Group, Jyoti CNC Automation Ltd., Magnalenz, Megatherm Electronics Pvt. Ltd., Microtech Inductions Pvt. Ltd., Naksh Induction, Nutrotherm Induction, Orbit Induction, Plasma Induction India Pvt. Ltd., Priyanka Induction Supermelt, Shapet Induction Co., and Srishtech Metal Casting Pvt. Ltd..Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is equipment as a service.'
According to the report, one of the major drivers for this market is the rising demand for steel and alloys in India.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Agni Electrical Pvt. Ltd.
- Electro Power Enterprise
- Eltech Electrodesigns and Energy Systems Pvt. Ltd.
- Foster Induction Pvt. Ltd.
- Heatcon Sensors Pvt. Ltd.
- HK Malvi Industries
- Indotherm Furnace Pvt. Ltd.
- Inductotherm Group
- Jyoti CNC Automation Ltd.
- Magnalenz
- Megatherm Electronics Pvt. Ltd.
- Microtech Inductions Pvt. Ltd.
- Naksh Induction
- Nutrotherm Induction
- Orbit Induction
- Plasma Induction India Pvt. Ltd.
- Priyanka Induction Supermelt
- Shapet Induction Co.
- Srishtech Metal Casting Pvt. Ltd.