The Induction Furnace Market plays a pivotal role in the metallurgical and manufacturing industries, serving as a critical tool for metal melting, refining, and alloy production. Induction furnaces use electromagnetic induction to generate heat, offering a cleaner, more energy-efficient, and precise alternative to traditional furnaces like arc furnaces and cupolas.  Their ability to melt...

The Induction Furnace Market Segments are categorized based on furnace type, capacity, and end-user industry. Each segment presents unique opportunities, with high-capacity furnaces dominating heavy industrial applications, while smaller units cater to foundries and specialty metal industries. The Induction Furnace Market has witnessed significant growth over the past decade, fueled by...