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

Writer： Hengfeng you electric Time：2023-04-19 views：times

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

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)