March 30, 2020

Electric Arc Furnace Transformers Market Witnessing High Growth By Key Players

Electric Arc Furnace Transformers: Introduction

  • Electric arc furnace (EAF) transformers are heating installations used for material melting with the help of heat produced by an arc
  • Electric arc furnace transformers are of two types: AC EAF transformers and DC EAF transformers
  • Electric arc furnace transformers are used in industrial processes that are performed at a higher voltage range of up to several MVAs (mega volt amperes)
  • EAF transformers are employed in various industrial applications such as the smelting process as well as in steel furnaces, ladle furnaces, and ferroalloy furnaces

Rise in Demand for Electric Arc Furnace Transformers in Steel Production Plants

  • In steel production plants, electric arc furnace transformers are increasingly used in the production of carbon steel and specialty steels
  • Electric arc furnace transformers are employed to deliver high current over a wide range of voltages. Depending on load handling requirement, these transformers are capable to deliver power rating between 10 MVA and 300 MVA
  • Advancements in metallurgical technology have significantly changed the operation of electric arc furnaces, as time period of applied heat of 4 to 5 hours with moderate loading have been reduced to 3 to 4 hours with continuous high loading
  • Owing to these advancements, the lifespan as well as production efficiency of electric arc furnace transformers has increased. As a result of this, the demand for electric arc furnace transformers is rising for use in steel production plants. This factor is expected to drive the global electric arc furnace transformers market during the forecast period.

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Increase in Use of Electric Arc Furnace Transformers in Industrial Processes

  • Electric arc furnace transformers are used in various industries, such as ferrous metal industry and non-ferrous metal industry, as these transformers provide higher current than the conventional transformers
  • Furthermore, electric arc furnace transformers provide low-voltage variations that suit furnace applications. As a result, electric arc furnace transformers are increasingly used in industrial furnace processes. This is anticipated to fuel the global electric arc furnace transformers market during the forecast period.