Global Electric Arc Furnaces Market 2026-2030

Description

The global electric arc furnaces market is forecasted to grow by USD 966.9 mn during 2025-2030, accelerating at a CAGR of 11.2% during the forecast period. The report on the global electric arc furnaces market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

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 decarbonization in steel production and imperative for industrial decarbonization, favorable economics and enhanced operational agility of electric arc furnace technology, expanding availability and sophistication of ferrous scrap supply chain.

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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

Market Scope
Base Year	2026
End Year	2030
Series Year	2026-2030
Growth Momentum	Accelerate
YOY 2026	10.6%
CAGR	11.2%
Incremental Value	$966.9 mn

Technavio's global electric arc furnaces market is segmented as below:

By Type

AC arc furnace
DC arc furnace

By Product

100 to 200 tons
200 to 300 tons
More than 300 tons
Upto 100 tons

By Application

Ferrous metals
Non-ferrous metals

Geography

APAC
- China
- India
- Japan
- South Korea
- Australia
- Indonesia
Europe
- Germany
- Russia
- Italy
- UK
- Spain
- The Netherlands
North America
- US
- Canada
- Mexico
Middle East and Africa
- South Africa
- UAE
- Turkey
South America
- Argentina
- Brazil
- Chile
Rest of World (ROW)

This study identifies the growing emphasis on circular economy principles and enhanced scrap metal availability as one of the prime reasons driving the global electric arc furnaces market growth during the next few years. Also, integration of industry 4.0 technologies for enhanced efficiency and automation and evolving raw material mix and focus on high-quality feedstock will lead to sizable demand in the market.

The report on the global electric arc furnaces market covers the following areas:

Global electric arc furnaces market sizing
Global electric arc furnaces market forecast
Global electric arc furnaces market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading global electric arc furnaces market vendors that include CISDI Group Co. Ltd., Comeca Tecnologie SpA, Daido Steel Co. Ltd., Danieli and C. Officine SpA, Electrotherm Ltd., Epcon Industrial Systems LP, GHI Smart Furnaces, INTECO Melting Casting GmbH, JFE Engineering Corp., Mitsubishi Heavy Industries, Nidec ASI SpA, Primetals Technologies Ltd., Sarralle, Siemens AG, SMS group GmbH, Taoyuan Metallurgical Co. Ltd., Tenova SpA, The Rose Corp., Whiting Equipment Canada Inc., Xiye Metallurgy Technology Co.. Also, the global electric arc furnaces market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

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 primary and secondary research. 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 accurate market growth.

Product Code: IRTNTR45919

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Market Segmentation by Product
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Technavio Analysis

2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
2.3 Factors of disruption
2.4 Impact of drivers and challenges

3 Market Landscape

3.1 Market ecosystem
3.2 Market characteristics
3.3 Value chain analysis

4 Market Sizing

4.1 Market definition
4.2 Market segment analysis
- Market segments
4.3 Market size 2025
4.4 Market outlook: Forecast for 2025-2030

5 Historic Market Size

5.1 Global Electric Arc Furnaces Market 2020 - 2024
- Historic Market Size - Data Table on Global Electric Arc Furnaces Market 2020 - 2024 ($ million)
5.2 Type segment analysis 2020 - 2024
- Historic Market Size - Type Segment 2020 - 2024 ($ million)
5.3 Product segment analysis 2020 - 2024
- Historic Market Size - Product Segment 2020 - 2024 ($ million)
5.4 Application segment analysis 2020 - 2024
- Historic Market Size - Application Segment 2020 - 2024 ($ million)
5.5 Geography segment analysis 2020 - 2024
- Historic Market Size - Geography Segment 2020 - 2024 ($ million)
5.6 Country segment analysis 2020 - 2024
- Historic Market Size - Country Segment 2020 - 2024 ($ million)

6 Qualitative Analysis

6.1 The AI impact on global electric arc furnaces market

7 Five Forces Analysis

7.1 Five forces summary
- Five forces analysis - Comparison between 2025 and 2030
7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2025 and 2030
7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2025 and 2030
7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2025 and 2030
7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2025 and 2030
7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2025 and 2030
7.7 Market condition

8 Market Segmentation by Type

8.1 Market segments
8.2 Comparison by Type
8.3 AC arc furnace - Market size and forecast 2025-2030
8.4 DC arc furnace - Market size and forecast 2025-2030
8.5 Market opportunity by Type
- Market opportunity by Type ($ million)

9 Market Segmentation by Product

9.1 Market segments
9.2 Comparison by Product
9.3 100 to 200 tons - Market size and forecast 2025-2030
9.4 200 to 300 tons - Market size and forecast 2025-2030
9.5 More than 300 tons - Market size and forecast 2025-2030
9.6 Upto 100 tons - Market size and forecast 2025-2030
9.7 Market opportunity by Product
- Market opportunity by Product ($ million)

10 Market Segmentation by Application

10.1 Market segments
10.2 Comparison by Application
10.3 Ferrous metals - Market size and forecast 2025-2030
10.4 Non-ferrous metals - Market size and forecast 2025-2030
10.5 Market opportunity by Application
- Market opportunity by Application ($ million)

11 Customer Landscape

11.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

12 Geographic Landscape

12.1 Geographic segmentation
12.2 Geographic comparison
12.3 APAC - Market size and forecast 2025-2030
- 12.3.1 China - Market size and forecast 2025-2030
- 12.3.2 India - Market size and forecast 2025-2030
- 12.3.3 Japan - Market size and forecast 2025-2030
- 12.3.4 South Korea - Market size and forecast 2025-2030
- 12.3.5 Australia - Market size and forecast 2025-2030
- 12.3.6 Indonesia - Market size and forecast 2025-2030
12.4 Europe - Market size and forecast 2025-2030
- 12.4.1 Germany - Market size and forecast 2025-2030
- 12.4.2 Russia - Market size and forecast 2025-2030
- 12.4.3 Italy - Market size and forecast 2025-2030
- 12.4.4 UK - Market size and forecast 2025-2030
- 12.4.5 Spain - Market size and forecast 2025-2030
- 12.4.6 The Netherlands - Market size and forecast 2025-2030
12.5 North America - Market size and forecast 2025-2030
- 12.5.1 US - Market size and forecast 2025-2030
- 12.5.2 Canada - Market size and forecast 2025-2030
- 12.5.3 Mexico - Market size and forecast 2025-2030
12.6 Middle East and Africa - Market size and forecast 2025-2030
- 12.6.1 Saudi Arabia - Market size and forecast 2025-2030
- 12.6.2 South Africa - Market size and forecast 2025-2030
- 12.6.3 UAE - Market size and forecast 2025-2030
- 12.6.4 Israel - Market size and forecast 2025-2030
- 12.6.5 Turkey - Market size and forecast 2025-2030
12.7 South America - Market size and forecast 2025-2030
- 12.7.1 Argentina - Market size and forecast 2025-2030
- 12.7.2 Brazil - Market size and forecast 2025-2030
- 12.7.3 Chile - Market size and forecast 2025-2030
12.8 Market opportunity by geography
- Market opportunity by geography ($ million)
- Data Tables on Market opportunity by geography ($ million)

13 Drivers, Challenges, and Opportunity

13.1 Market drivers
- Decarbonization in steel production and imperative for industrial decarbonization
- Favorable economics and enhanced operational agility of electric arc furnace technology
- Expanding availability and sophistication of ferrous scrap supply chain
13.2 Market challenges
- High initial capital investment as formidable barrier to market entry
- Volatility in raw material prices introduces significant operational uncertainty
- Stringent environmental regulations and compliance costs present dual challenge
13.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2025 and 2030
13.4 Market opportunities
- Growing emphasis on circular economy principles and enhanced scrap metal availability
- Integration of industry 4.0 technologies for enhanced efficiency and automation
- Evolving raw material mix and focus on high-quality feedstock

14 Competitive Landscape

14.1 Overview
14.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
14.3 Landscape disruption
- Overview on factors of disruption
14.4 Industry risks
- Impact of key risks on business

15 Competitive Analysis

15.1 Companies profiled
- Companies covered
15.2 Company ranking index
- Company ranking index
15.3 Market positioning of companies
- Matrix on companies position and classification
15.4 CISDI Group Co. Ltd.
- CISDI Group Co. Ltd. - Overview
- CISDI Group Co. Ltd. - Product / Service
- CISDI Group Co. Ltd. - Key offerings
- SWOT
15.5 Daido Steel Co. Ltd.
- Daido Steel Co. Ltd. - Overview
- Daido Steel Co. Ltd. - Business segments
- Daido Steel Co. Ltd. - Key offerings
- Daido Steel Co. Ltd. - Segment focus
- SWOT
15.6 Danieli and C. Officine SpA
- Danieli and C. Officine SpA - Overview
- Danieli and C. Officine SpA - Business segments
- Danieli and C. Officine SpA - Key offerings
- Danieli and C. Officine SpA - Segment focus
- SWOT
15.7 Electrotherm Ltd.
- Electrotherm Ltd. - Overview
- Electrotherm Ltd. - Business segments
- Electrotherm Ltd. - Key offerings
- Electrotherm Ltd. - Segment focus
- SWOT
15.8 INTECO Melting Casting GmbH
- INTECO Melting Casting GmbH - Overview
- INTECO Melting Casting GmbH - Product / Service
- INTECO Melting Casting GmbH - Key offerings
- SWOT
15.9 JFE Engineering Corp.
- JFE Engineering Corp. - Overview
- JFE Engineering Corp. - Product / Service
- JFE Engineering Corp. - Key offerings
- SWOT
15.10 Mitsubishi Heavy Industries
- Mitsubishi Heavy Industries - Overview
- Mitsubishi Heavy Industries - Business segments
- Mitsubishi Heavy Industries - Key news
- Mitsubishi Heavy Industries - Key offerings
- Mitsubishi Heavy Industries - Segment focus
- SWOT
15.11 Nidec ASI SpA
- Nidec ASI SpA - Overview
- Nidec ASI SpA - Product / Service
- Nidec ASI SpA - Key offerings
- SWOT
15.12 Primetals Technologies Ltd.
- Primetals Technologies Ltd. - Overview
- Primetals Technologies Ltd. - Product / Service
- Primetals Technologies Ltd. - Key offerings
- SWOT
15.13 Sarralle
- Sarralle - Overview
- Sarralle - Product / Service
- Sarralle - Key offerings
- SWOT
15.14 Siemens AG
- Siemens AG - Overview
- Siemens AG - Business segments
- Siemens AG - Key news
- Siemens AG - Key offerings
- Siemens AG - Segment focus
- SWOT
15.15 SMS group GmbH
- SMS group GmbH - Overview
- SMS group GmbH - Product / Service
- SMS group GmbH - Key offerings
- SWOT
15.16 Tenova SpA
- Tenova SpA - Overview
- Tenova SpA - Product / Service
- Tenova SpA - Key offerings
- SWOT
15.17 Whiting Equipment Canada Inc.
- Whiting Equipment Canada Inc. - Overview
- Whiting Equipment Canada Inc. - Product / Service
- Whiting Equipment Canada Inc. - Key offerings
- SWOT
15.18 Xiye Metallurgy Technology Co.
- Xiye Metallurgy Technology Co. - Overview
- Xiye Metallurgy Technology Co. - Product / Service
- Xiye Metallurgy Technology Co. - Key offerings
- SWOT

16 Appendix

16.1 Scope of the report
- Market definition
- Objectives
- Notes and caveats
16.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
16.3 Currency conversion rates for US$
- Currency conversion rates for US$
16.4 Research methodology
- Research methodology
16.5 Data procurement
- Information sources
16.6 Data validation
- Data validation
16.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
16.8 Data synthesis
- Data synthesis
16.9 360 degree market analysis
- 360 degree market analysis
16.10 List of abbreviations
- List of abbreviations