The global Induction Furnace Power Transformers market size is predicted to grow from US$ 854 million in 2025 to US$ 1137 million in 2031; it is expected to grow at a CAGR of 4.9% from 2025 to 2031.

An induction furnace power transformer is used to supply power to an induction furnace, which lowers the high voltage to the lower voltage required for induction furnace applications.

An induction furnace is a heating device similar to a heater or boiler that uses induction to heat a charged material. Induction furnace transformers are used in conjunction with ladle metallurgy stations or electric arc furnaces to convert low current high voltage electrical energy into high current low voltage arcs within the induction furnace to melt certain metals such as steel scrap. The increasing adoption of electric arc furnace transformers in various industries such as the steel industry to melt scrap steel without altering the electrical and chemical properties of the metal is the major driving factor for the market growth. Growing demand for electric furnace transformers in various industrial processes, increasing demand for electric furnace transformers in critical conditions in various industries, growing demand for electric furnace transformers in non-ferrous and ferrous metal industries, and continuous technological advancement in induction furnace transformers are expected to promote The induction furnace transformer market is growing during the forecast period.

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

This Insight Report provides a comprehensive analysis of the global Induction Furnace Power Transformers 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 Induction Furnace Power Transformers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms? unique position in an accelerating global Induction Furnace Power Transformers market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Induction Furnace Power Transformers 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 Induction Furnace Power Transformers.

This report presents a comprehensive overview, market shares, and growth opportunities of Induction Furnace Power Transformers market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:

    Oil Filled Transformers
    Dry Type Transformers

Segmentation by Application:

    Smelt
    Heat Treatment
    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.

    ABB
    AMELT
    Siemens
    GE
    Toshiba
    Electrotherm
    Orano
    Hitachi
    XD
    Voltamp
    TEBA
    Norsk Trafo Service
    TWBB
    Sunten
    TES Transformer Electro
    JiangSuXinTeBian
    ChangChun Transformer

Key Questions Addressed in this Report

What is the 10-year outlook for the global Induction Furnace Power Transformers market?
What factors are driving Induction Furnace Power Transformers market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Induction Furnace Power Transformers market opportunities vary by end market size?
How does Induction Furnace Power Transformers break out by Type, by Application?