Infinity Market Research
Infinity Market Research

Global AC (Alternative Current) Electric Arc Furnace (EAF) Market Growth 2025-2031


Sep 2025

Machinery & Equipment

Pages: 111

LPI12810

PDF Available
Word Available
Excel Available


The global AC (Alternative Current) Electric Arc Furnace (EAF) market size is predicted to grow from US$ 546 million in 2025 to US$ 771 million in 2031; it is expected to grow at a CAGR of 5.9% from 2025 to 2031.


An electric arc furnace is a high-temperature furnace that uses high-voltage electric arcs to make steel. Electric arc furnaces are a feature of the minimills that recycle iron and steel scrap into new steel products. Arc furnaces range in size from small units of approximately one ton capacity (used in foundries for producing cast iron products) up to about 400 ton units used for secondary steelmaking.


According to our Construction Machinery research center, sales of construction machinery in Europe increased by 24% in 2021, and in 2022 the construction machinery revenue in Europe was about US$ 22 billion, while the US market sold about $36 billion in construction machinery in 2022. Chinas construction machinery has complete categories and outstanding advantages, with 20 categories, 109 groups, 450 models, 1090 series and tens of thousands of models of product equipment. By the end of 2021, the number of major products of construction machinery in China was about 5.61 million to 6.08 million units. According to our Construction Machinery research center, the total sales of the top 50 global construction machinery manufacturers in 2022 reached US$ 220 billion. And Asian companies occupied an absolute advantage, accounting for 50% of revenue, followed by Europe and North America, accounting for 26% and 23%.


Infinity Market Research newest research report, the AC (Alternative Current) Electric Arc Furnace (EAF) Industry Forecast looks at past sales and reviews total world AC (Alternative Current) Electric Arc Furnace (EAF) sales in 2024, providing a comprehensive analysis by region and market sector of projected AC (Alternative Current) Electric Arc Furnace (EAF) sales for 2025 through 2031. With AC (Alternative Current) Electric Arc Furnace (EAF) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world AC (Alternative Current) Electric Arc Furnace (EAF) industry.


This Insight Report provides a comprehensive analysis of the global AC (Alternative Current) Electric Arc Furnace (EAF) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on AC (Alternative Current) Electric Arc Furnace (EAF) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms unique position in an accelerating global AC (Alternative Current) Electric Arc Furnace (EAF) market.


This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for AC (Alternative Current) Electric Arc Furnace (EAF) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global AC (Alternative Current) Electric Arc Furnace (EAF).


This report presents a comprehensive overview, market shares, and growth opportunities of AC (Alternative Current) Electric Arc Furnace (EAF) market by product type, application, key manufacturers and key regions and countries.


Segmentation by Type:


    High-voltage AC
    Low-voltage AC


Segmentation by Application:


    Metal Smelting
    Ore Smelting
    Others


This report also splits the market by region:


    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries


The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the companys coverage, product portfolio, its market penetration.


    Danieli
    Electrotherm
    SMS
    Siemens
    TENOVA
    STEEL PLANTECH
    Doshi
    IHI
    DongXong
    YUEDA
    Nupro Corporation


Key Questions Addressed in this Report


What is the 10-year outlook for the global AC (Alternative Current) Electric Arc Furnace (EAF) market?
What factors are driving AC (Alternative Current) Electric Arc Furnace (EAF) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do AC (Alternative Current) Electric Arc Furnace (EAF) market opportunities vary by end market size?
How does AC (Alternative Current) Electric Arc Furnace (EAF) break out by Type, by Application?

AC Electric Arc Furnace Market Scope

Report AttributeDetails
Market Size (Start Year)USD XX Million
Market Size (End Year)USD XX Million
Compound Annual Growth Rate (CAGR)USD XX Million
Forecast PeriodUSD XX Million
Base YearUSD XX Million
Historical DataUSD XX Million
Key PlayersUSD XX Million

📘 Frequently Asked Questions

1. What is the market size of Global AC Electric Arc Furnace Market?

Answer: The global AC (Alternative Current) Electric Arc Furnace (EAF) market size is predicted to grow from US$ 546 million in 2025 to US$ 771 million in 2031; it is expected to grow at a CAGR of 5.9% from 2025 to 2031.

2. Which regions are analyzed in the Global AC Electric Arc Furnace Market report?

Answer: The Global AC Electric Arc Furnace Market report covers major regions such as North America, Europe, Middle East & Africa. Each region is analyzed for trends, opportunities, and market dynamics.

3. What methodology is used for forecasting of Global AC Electric Arc Furnace Market?

Answer: The Global AC Electric Arc Furnace Market report uses a mix of primary research, secondary data, and expert analysis to build its forecasts. Models include both qualitative and quantitative approaches.

4. Are emerging markets analyzed separately in the Global AC Electric Arc Furnace Market?

Answer: Yes, the Global AC Electric Arc Furnace Market report highlights high-growth emerging regions with dedicated insights. These include untapped opportunities, risks, and potential for expansion.

5. Does the report include competitive benchmarking of Global AC Electric Arc Furnace Market?

Answer: Yes, Global AC Electric Arc Furnace Market report compares major players based on revenue, product portfolio, innovation, and regional presence. This helps assess competitive positioning.

6. Can I access country-level data within the Global AC Electric Arc Furnace Market report?

Answer: Yes, Global AC Electric Arc Furnace Market report includes detailed data by country, especially for key markets. This allows for localized insights and decision-making.

7. Can I get customized insights or data from the Global AC Electric Arc Furnace Market report?

Answer: Yes, we offer customization options to align with your specific business needs. You can request tailored sections or regional breakdowns.

🎁 This Month Only: Flat $1000 OFF

Enjoy an exclusive $1000 discount on every report purchased this month. No code needed.

Secure payment methods

🔐 Secure Payment Guaranteed

Safe checkout with trusted global payment methods.

🌟 Why Choose Infinity Market Research?

  • Accurate & Verified Data:Our insights are trusted by global brands and Fortune 500 companies.
  • Complete Transparency:No hidden fees, locked content, or misleading claims — ever.
  • 24/7 Analyst Support:Our expert team is always available to help you make smarter decisions.
  • Instant Savings:Enjoy a flat $1000 OFF on every report.
  • Fast & Reliable Delivery:Get your report delivered within 5 working days, guaranteed.
  • Tailored Insights:Customized research that fits your industry and specific goals.

📄 Available License Types

👤 Single User
$3660
$2660
👥 Multi User
$5490
$4490
🏢 Enterprise User
$7320
$6320
Buy Now
Secure payment methods

Recent Reports

Laboratory Degassers Market

Global Laboratory Degassers market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

Laboratory Funnel Market

Global Laboratory Funnel market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.