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In 2025, the global electric furnace transformer market will exceed 1 billion US dollars

Writer: Hengfeng you electric Time:2021-06-20 views:times

In 2025, the global electric furnace transformer market will exceed 1 billion US dollars

SOURCE:HENGFENGYOU ELECTRIC   AUTHOR: Martin   TIME: June 23, 2021

In 2019, the global market scale of electric furnace transformer will be 964 million US dollars. Since the impact of the epidemic in 2020, it is estimated that the compound annual growth rate will be 1.8% in the next few years, and it will exceed 1 billion US dollars by 2025.
Furnace transformer is a professional transformer designed according to the working principle, load characteristics and operation characteristics of various furnaces
It includes: transformer for steelmaking electric arc furnace, transformer for ladle refining furnace, transformer for electroslag furnace, transformer for submerged arc furnace, transformer for power frequency furnace, transformer for medium frequency induction furnace, transformer for silicon carbide furnace, transformer for graphitization furnace, etc.
Industrial furnace transformers are mainly divided into three categories: resistance furnace transformer, arc furnace transformer and induction furnace transformer
The market mainstream capacity is three levels: less than 30 MVA, 30-80 MVA and more than 80 MVA (the maximum capacity is 90000kva / 35kV EAF transformer produced by Xi'an West Power)
Main application industries of electric furnace transformer:
·In metallurgical industry, it is used for smelting high quality alloy copper and ferroalloy
·In chemical industry, it is used to produce yellow phosphorus, calcium carbide, synthetic resin, etc
·It is used for melting cast steel and cast iron in machinery industry
 
  • The main participants of furnace transformers are:
    Siemens
    Teba in Xinjiang
    Ge
    Sanding
    Uralelectrotyazhmash
    ABB Switzerland
    Shenda
    Tamini
    China XD electric
    Electrotherm
    Yixing Xingyi
    Fuji tusco Co., Ltd
    Kitashiba Electric
    Hammond power solutions PVT. Ltd., USA
    Voltamp Transformers Ltd
    Hyundai, Korea
    Jiangsu xintebian
    Liuzhou Special transformers
    HENGFENGYOU special transformer
 
  • Future global focus areas:
    North America (USA, Canada and Mexico)
    Europe (Germany, France, UK, Russia and Italy)
    Asia Pacific (China, Japan, Korea, India, Southeast Asia and Australia)
    South America (Brazil, Argentina and Colombia)
    Middle East and Africa (Saudi Arabia, UAE, Egypt, Turkey, Nigeria and South Africa)
 
 



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