Induction Melting Furnaces

Induction Melting Furnaces Market Outlook

The global Induction Melting Furnaces market is projected to reach approximately USD 2.5 billion by 2035, with a compound annual growth rate (CAGR) of around 6.5% during the forecast period from 2025 to 2035. The growth of this market can be attributed to the increasing demand for efficient and energy-saving melting processes across various industries, including metal processing, automotive, and aerospace. The rising emphasis on reducing carbon emissions and enhancing production flexibility is driving manufacturers to adopt induction melting technologies. Furthermore, advancements in induction furnace designs and automated systems are contributing to the market's expansion, enabling higher productivity and improved safety standards. Lastly, the ongoing industrialization and infrastructure development in emerging economies are also key factors propelling the demand for induction melting furnaces.

Growth Factor of the Market

The induction melting furnaces market is experiencing substantial growth, driven by several critical factors. Firstly, the increasing demand for high-quality metal products in industries such as automotive and aerospace necessitates advanced melting techniques that ensure better consistency and purity. Additionally, the growing trend of recycling metals, particularly in the automotive sector, is contributing to the rise in induction melting processes, as these furnaces are ideal for melting scrap metal efficiently. Moreover, the push for environmentally friendly manufacturing processes is leading industries to transition from traditional melting methods, which are more energy-intensive, to induction melting technologies that reduce energy consumption and emissions. The rapid technological advancements in induction heating systems, including the integration of smart technologies and automation, further enhance their appeal, enabling manufacturers to optimize operations. Lastly, increasing investments in research and development to enhance furnace designs and capabilities are expected to fuel market growth in the coming years.

Key Highlights of the Market

• The market is projected to reach USD 2.5 billion by 2035.
• CAGR expected to be around 6.5% from 2025 to 2035.
• Increasing demand from automotive and aerospace industries.
• Technological advancements in induction furnace designs.
• Growing emphasis on energy-efficient and eco-friendly melting processes.

By Type

Coreless Induction Melting Furnaces:

Coreless induction melting furnaces are widely utilized in various industrial applications due to their efficiency and versatility. These furnaces operate using a coil that generates an electromagnetic field, inducing heat directly in the metal being melted without the need for a core. This feature allows for quicker melting times and higher energy efficiency, making them ideal for small to medium-scale operations. The design flexibility of coreless induction furnaces enables manufacturers to melt a diverse range of materials, including ferrous and non-ferrous metals. Moreover, their capability to provide precise temperature control and uniform heating makes them suitable for applications where quality and consistency are critical. With the ongoing industrial shift towards sustainable practices, coreless induction melting furnaces are becoming increasingly popular as they reduce energy consumption significantly compared to traditional melting methods.

Channel Induction Melting Furnaces:

Channel induction melting furnaces are known for their robust design and ability to handle large volumes of metal melting efficiently. They utilize a channel that directs the electromagnetic field to heat the metal, promoting rapid melting while maintaining a stable temperature. This type of furnace is particularly favored in foundries and metal recycling facilities where large batches of scrap metal need to be melted promptly. The design of channel induction furnaces allows them to operate continuously, making them ideal for high-volume production environments. Furthermore, they are capable of accommodating various metal types, including aluminum, copper, and brass, making them versatile for different industrial applications. As demand for high-capacity melting solutions grows, channel induction furnaces are expected to play a significant role in meeting production requirements across multiple sectors.

Crucible Induction Melting Furnaces:

Crucible induction melting furnaces are specialized equipment designed for melting small quantities of metal efficiently. These furnaces employ a crucible made of heat-resistant material, which is heated by an induction coil. The primary advantage of crucible induction melting is the ability to achieve precise temperature control, making it suitable for applications requiring high-quality metal alloys. This type of furnace is commonly used in laboratories, small-scale production facilities, and specialty metal shops where custom melting capabilities are essential. The compact design of crucible induction furnaces allows for easy installation and operation, making them a preferred choice for businesses with limited space. As the demand for specialized metal alloys and products grows, crucible induction furnaces are likely to see increased adoption in niche markets.

Vacuum Induction Melting Furnaces:

Vacuum induction melting furnaces are advanced systems that provide an inert atmosphere for melting metals, thereby preventing oxidation and contamination. This feature is crucial for producing high-purity alloys and specialty metals required in aerospace and medical applications. The vacuum environment enables better control over the melting process, resulting in superior material properties and consistent quality. These furnaces are equipped with advanced monitoring and control systems that ensure precise temperature regulation throughout the melting cycle. As industries increasingly focus on producing high-performance materials, the demand for vacuum induction melting technology is expected to grow. The ability to handle diverse materials and the flexibility to manufacture various alloys make vacuum induction melting furnaces a valuable asset in high-tech manufacturing sectors.

Others:

This category encompasses various types of induction melting furnaces that do not fit neatly into the established classifications. It includes specialized designs tailored for specific applications or industries, such as induction melting furnaces with unique configurations to address particular melting processes or material types. These furnaces may offer enhanced features such as automated loading systems, integrated cooling mechanisms, or advanced safety protocols to meet the needs of specific sectors. The continuous evolution of induction melting technology has led to the development of innovative solutions that cater to emerging market demands. As industries explore new materials and processes, the "Others" category will likely see growth, driven by advancements in furnace technology and customization options.

By Power Capacity

Low Frequency:

Low-frequency induction melting furnaces typically operate at frequencies below 1 kHz and are primarily used for melting larger metal components. These furnaces are well-suited for applications where high melting power is required to heat substantial volumes of metal. The low-frequency operation allows for effective heating of thick-walled or heavy metal pieces, making them ideal for foundries and heavy manufacturing industries. By employing low-frequency induction heating, manufacturers can achieve efficient melting while minimizing energy consumption. Moreover, these furnaces often come with the added advantage of lower operational costs, making them an attractive option for businesses focused on maximizing profitability. As the demand for energy-efficient solutions rises, low-frequency induction melting furnaces are expected to maintain their significance in the market.

Medium Frequency:

Medium-frequency induction melting furnaces operate within a frequency range of 1 kHz to 10 kHz, providing a balanced solution for both melting and heating applications. These furnaces are widely utilized across various industries, including automotive, aerospace, and metal recycling, due to their versatility and efficiency. The medium frequency allows for better control over the melting process, resulting in improved material quality and reduced oxidation. Additionally, these furnaces are capable of melting a wide range of metals, including aluminum, steel, and copper, making them adaptable to various manufacturing requirements. The growing trend towards automation in manufacturing processes is also benefiting the medium-frequency induction melting furnace segment, as modern designs incorporate advanced controls and monitoring systems to optimize performance.

High Frequency:

High-frequency induction melting furnaces operate at frequencies above 10 kHz and are designed for rapid melting of small metal volumes. These furnaces excel in applications where quick heat-up times and precise temperature control are essential, such as in jewelry production or specialty metal fabrication. The high-frequency operation promotes efficient heating, allowing manufacturers to achieve desired melting temperatures in a fraction of the time compared to lower frequency systems. Additionally, these furnaces are particularly well-suited for melting precious metals and alloys, where maintaining quality and purity is critical. As the demand for high-quality, bespoke metal products continues to grow, high-frequency induction melting furnaces are expected to gain traction in niche markets that require specialized melting capabilities.

By Application

Metal Processing:

The metal processing industry is one of the primary applications for induction melting furnaces, accounting for a significant share of the market. In this sector, induction melting technology is employed to melt and refine various metals, ensuring high quality and consistency in the final products. The ability to efficiently melt ferrous and non-ferrous materials makes induction melting furnaces an essential tool for foundries and metalworking facilities. As industries increasingly prioritize recycling and sustainability, induction melting furnaces are being adopted for melting scrap metal, contributing to the circular economy. Furthermore, the growing demand for customized metal alloy production is driving the adoption of induction melting technology in metal processing applications, as it allows for precise control over the melting process and final product quality.

Automotive:

In the automotive sector, induction melting furnaces play a crucial role in producing high-quality components and materials. These furnaces are utilized to melt various metals used in the manufacturing of critical automotive parts, such as engine blocks, transmission housings, and structural components. The precision and efficiency of induction melting technology ensure that automotive manufacturers can meet stringent quality standards while minimizing waste and energy consumption. As the automotive industry continues to evolve, with an increasing focus on lightweight materials and electric vehicle components, the demand for induction melting furnaces is expected to rise. This aligns with the industry's shift towards more sustainable and efficient manufacturing processes, where induction melting technology provides a competitive advantage.

Aerospace:

The aerospace industry relies heavily on advanced manufacturing processes, and induction melting furnaces are integral to producing high-performance metal components. These furnaces are used to melt specialty alloys and superalloys that meet the stringent requirements for strength and durability in aerospace applications. The ability to maintain precise temperature control during the melting process is essential for achieving the desired material properties in aerospace components. Furthermore, as the aerospace industry works towards reducing weight and enhancing fuel efficiency, the demand for advanced materials, including titanium and nickel-based alloys, is creating opportunities for induction melting technology. The growing emphasis on research and development in aerospace manufacturing is expected to propel the adoption of induction melting furnaces in this sector.

Electronics:

In the electronics industry, induction melting furnaces are increasingly utilized for producing high-purity metals and alloys required in electronic components. The ability to melt materials like copper, gold, and silver with precision is essential for manufacturing high-quality electronic devices. Induction melting technology ensures minimal oxidation and contamination during the melting process, resulting in superior material properties that enhance the performance of electronic components. Additionally, with the growing demand for miniaturization and advanced electronic products, the need for precise melting techniques is on the rise. As the electronics industry continues to innovate and expand, the adoption of induction melting furnaces is expected to grow, driven by the demand for high-performance materials.

Others:

The "Others" segment encompasses a range of applications where induction melting furnaces are utilized beyond the primary sectors mentioned. This may include specialized applications such as jewelry manufacturing, art foundries, and research and development facilities. In these niche markets, the demand for customized melting solutions and high-quality metal outputs drives the adoption of induction melting technologies. The versatility of induction melting furnaces allows for tailored solutions to meet specific requirements across various industries. As businesses seek to innovate and produce unique materials, the "Others" segment is likely to witness growth, supported by advancements in induction furnace technology and emerging market trends.

By Distribution Channel

Direct Sales:

Direct sales channels play a pivotal role in the distribution of induction melting furnaces, allowing manufacturers to establish a direct relationship with customers. This approach enables manufacturers to provide tailored solutions based on the specific needs and requirements of their clients. Direct sales also facilitate better communication and support throughout the purchasing process, enhancing customer satisfaction. Additionally, manufacturers often offer installation and after-sales services when selling directly, ensuring that customers receive comprehensive support. As industries continue to emphasize customized manufacturing solutions, the direct sales channel is expected to remain a significant contributor to the induction melting furnace market, helping to foster long-term relationships between manufacturers and end-users.

Indirect Sales:

Indirect sales channels, including distributors and resellers, are essential for expanding the market reach of induction melting furnaces. These channels allow manufacturers to tap into diverse customer segments and geographic regions, increasing their overall sales potential. Indirect sales partners typically have established relationships within specific industries, enabling them to effectively market and sell induction melting furnaces to prospective clients. Furthermore, these partners often provide valuable insights into market trends and customer preferences, assisting manufacturers in refining their product offerings. The growing complexity of global supply chains and the need for localized support further underscore the importance of indirect sales channels in enhancing the accessibility of induction melting technologies to various markets.

By Region

In North America, the induction melting furnaces market is anticipated to thrive, driven by the region's robust automotive and aerospace industries. The demand for high-quality metal components and materials in these sectors is propelling the adoption of advanced melting technologies. The North American market is projected to grow at a CAGR of approximately 6% during the forecast period, with manufacturers increasingly investing in energy-efficient solutions that align with sustainability goals. Moreover, the presence of established players and a focus on technological innovations are further enhancing the market landscape. As industries continue to prioritize automation and efficiency, the North American region is expected to maintain a significant share of the global induction melting furnaces market.

In Europe, the induction melting furnaces market is also experiencing growth, driven by the increasing demand for lightweight materials in automotive and aerospace applications. The European market is expected to grow at a CAGR of around 5.5% during the forecast period, as manufacturers seek to adopt innovative melting technologies that enhance production efficiency and reduce carbon footprints. The region's emphasis on sustainability and compliance with stringent environmental regulations is fostering the adoption of induction melting furnaces, which offer energy-efficient alternatives to traditional melting methods. Additionally, the growing trend of recycling metals is contributing to the demand for induction melting technologies in the European market, positioning it for long-term growth.

Opportunities

The induction melting furnaces market presents numerous opportunities driven by evolving industrial trends and technological advancements. One significant opportunity lies in the increasing emphasis on sustainable manufacturing practices. As industries worldwide strive to minimize their environmental impact, the shift towards energy-efficient melting technologies, such as induction melting, is becoming more pronounced. This shift is particularly relevant in sectors such as automotive and aerospace, where reducing carbon emissions and enhancing material efficiency are critical. Manufacturers that invest in developing advanced induction melting solutions capable of meeting these sustainability goals are likely to capture a substantial share of the growing market. Furthermore, the expanding trend towards metal recycling offers an additional avenue for growth, as induction melting furnaces are ideal for efficiently melting scrap metal, facilitating the circular economy.

Another opportunity for the induction melting furnaces market lies in the increasing demand for customized and high-performance materials across various industries. As manufacturers seek to produce specialized alloys and components tailored to specific applications, the versatility of induction melting technology positions it as a preferred choice. The ability to precisely control the melting process allows for the creation of high-quality materials with unique properties, catering to the needs of niche markets such as electronics, jewelry, and medical devices. Additionally, with the ongoing advancements in automation and smart manufacturing, induction melting furnaces equipped with advanced monitoring and control systems can enhance production efficiency and reduce operational costs. Companies that leverage these technological advancements to develop innovative induction melting solutions are well-positioned to capitalize on the growing demand for tailored materials and efficient manufacturing processes.

Threats

Despite the promising growth prospects for the induction melting furnaces market, several threats could hinder its expansion. One significant threat is the volatility in raw material prices, which can impact the manufacturing costs and, subsequently, the pricing of induction melting furnaces. Fluctuations in the prices of metals and components used in furnace production may lead to unpredictable cost structures, making it challenging for manufacturers to maintain profitability. Additionally, increased global competition from both established players and emerging manufacturers can create price pressures, forcing companies to adopt aggressive pricing strategies that may affect margins. Furthermore, technological advancements in alternative melting technologies, such as electric arc furnaces, may pose a threat to the market, as these alternatives gain traction in certain applications due to their cost-effectiveness and efficiency.

Another potential threat to the induction melting furnaces market is the evolving regulatory landscape concerning environmental standards and emissions. As governments worldwide introduce stricter regulations aimed at reducing industrial emissions, manufacturers of induction melting furnaces may face increased compliance costs to meet these standards. If manufacturers fail to adapt to these regulatory changes, they may risk losing market share to competitors that are better equipped to address environmental concerns. Moreover, the ongoing impact of global economic uncertainties, such as trade tensions and geopolitical factors, can further complicate market dynamics, leading to fluctuations in demand and investment in the induction melting furnaces market.

Competitor Outlook

• Inductotherm Group
• ABP Induction Systems
• Inductoheat Inc.
• Ferroloy, Inc.
• ELDAN Recycling
• Ajax TOCCO Magnethermic
• Glenro Inc.
• Höganäs AB
• RDO Induction
• Thermcraft, Inc.
• Shenzhen Lingde Technology Co., Ltd.
• INDUCTOTHERM EUROPE LIMITED
• OMAX Corporation
• Ferrostaal Group
• Hanjin Induction Co., Ltd.

The competitive landscape of the induction melting furnaces market is characterized by a mix of established players and emerging manufacturers. Major companies are focusing on technological innovations and product diversification to enhance their market presence. Leading firms like Inductotherm Group and ABP Induction Systems are leveraging their extensive experience and technological expertise to develop advanced melting solutions that meet the evolving needs of various industries. These companies invest significantly in research and development to improve energy efficiency, reduce emissions, and enhance the overall performance of their furnaces. Moreover, strategic partnerships and collaborations with other industry players are becoming increasingly common as companies seek to expand their product offerings and market reach.

Another notable trend in the competitive landscape is the growing emphasis on sustainability and environmentally friendly manufacturing processes. Companies are actively developing induction melting furnaces that comply with stringent environmental regulations and offer energy-efficient solutions. For instance, manufacturers like Inductoheat Inc. and Ajax TOCCO Magnethermic are focusing on the production of furnaces that minimize energy consumption and reduce carbon emissions. Furthermore, as industries increasingly prioritize recycling and sustainable practices, companies that offer induction melting technologies specifically designed for recycling applications are gaining a competitive edge. The ability to address environmental concerns while providing high-quality melting solutions is becoming a key differentiator in the market.

In addition to technological advancements and sustainability initiatives, customer support and service offerings are critical components of the competitive landscape. Companies that provide comprehensive after-sales support, including installation, maintenance, and training services, are more likely to build long-term relationships with their clients. For example, firms like Glenro Inc. and Ferroloy, Inc. emphasize their commitment to customer satisfaction by offering tailored solutions and dedicated support throughout the product lifecycle. As the induction melting furnaces market continues to evolve, maintaining strong customer relationships and delivering exceptional service will remain essential for achieving sustained competitive advantage.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 Glenro Inc.
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 RDO Induction
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 Ferroloy, Inc.
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 ELDAN Recycling
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Ferrostaal Group
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Inductoheat Inc.
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 OMAX Corporation
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Thermcraft, Inc.
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Inductotherm Group
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 ABP Induction Systems
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Ajax TOCCO Magnethermic
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Höganäs AB
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Hanjin Induction Co., Ltd.
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 INDUCTOTHERM EUROPE LIMITED
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Shenzhen Lingde Technology Co., Ltd.
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Induction Melting Furnaces Market, By Type
    • 6.1.1 Coreless Induction Melting Furnaces
    • 6.1.2 Channel Induction Melting Furnaces
    • 6.1.3 Crucible Induction Melting Furnaces
    • 6.1.4 Vacuum Induction Melting Furnaces
    • 6.1.5 Others
  • 6.2 Induction Melting Furnaces Market, By Application
    • 6.2.1 Metal Processing
    • 6.2.2 Automotive
    • 6.2.3 Aerospace
    • 6.2.4 Electronics
    • 6.2.5 Others
  • 6.3 Induction Melting Furnaces Market, By Power Capacity
    • 6.3.1 Low Frequency
    • 6.3.2 Medium Frequency
    • 6.3.3 High Frequency
  • 6.4 Induction Melting Furnaces Market, By Distribution Channel
    • 6.4.1 Direct Sales
    • 6.4.2 Indirect Sales

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Middle East & Africa - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 Middle East
      • 10.5.1.2 Africa
  • 10.6 Induction Melting Furnaces Market by Region

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Induction Melting Furnaces market is categorized based on

By Type

• Coreless Induction Melting Furnaces
• Channel Induction Melting Furnaces
• Crucible Induction Melting Furnaces
• Vacuum Induction Melting Furnaces
• Others

By Power Capacity

• Low Frequency
• Medium Frequency
• High Frequency

By Application

• Metal Processing
• Automotive
• Aerospace
• Electronics
• Others

By Distribution Channel

• Direct Sales
• Indirect Sales

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• Inductotherm Group
• ABP Induction Systems
• Inductoheat Inc.
• Ferroloy, Inc.
• ELDAN Recycling
• Ajax TOCCO Magnethermic
• Glenro Inc.
• Höganäs AB
• RDO Induction
• Thermcraft, Inc.
• Shenzhen Lingde Technology Co., Ltd.
• INDUCTOTHERM EUROPE LIMITED
• OMAX Corporation
• Ferrostaal Group
• Hanjin Induction Co., Ltd.