Channel Induction Furnaces Market Size in 2022, Share, Revenue, Future Demands, SWOT analysis, Forecast to 2028

Channel Induction Furnaces are commonly used for melting low-melting-point alloys or as a holding and superheating unit. Channel induction furnaces consist of a refractory-lined steel shell that contains molten metal. There are two types of channel furnaces: horizontal and vertical.Report OverviewDue to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for Channel Induction Furnaces estimated at USD million in the year 2022, is projected to reach a revised size of USD million by 2028, growing at a CAGR of percent during the forecast period 2022-2028.The USA market for Channel Induction Furnaces is estimated to increase from USD million in 2022 to reach USD million by 2028, at a CAGR of percent during the forecast period of 2023 through 2028.The China market for Channel Induction Furnaces is estimated to increase from USD million in 2022 to reach USD million by 2028, at a CAGR of percent during the forecast period of 2023 through 2028.The Europe market for Channel Induction Furnaces is estimated to increase from USD million in 2022 to reach USD million by 2028, at a CAGR of percent during the forecast period of 2023 through 2028.The global key manufacturers of Channel Induction Furnaces include Inductotherm Group, Amelt Corporation, Wertli AG, OTTO JUNKER and ABP Induction Systems, etc. In 2021, the global top five players had a share approximately percent in terms of revenue.In terms of production side, this report researches the Channel Induction Furnaces production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.In terms of sales side, this report focuses on the sales of Channel Induction Furnaces by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.