Cremation Furnace Market Insights, Forecast to 2026
A Cremation Furnace, or cremator, is a furnace in which cremation takes place. Cremation furnaces are usually found in funeral homes, chapels, cemeteries, or in stand-alone facilities. A facility which houses the actual cremation furnace is referred to as a crematorium.
The western part is the biggest market, with more than 332 units in 2015, ranking the first place, followed by the southern part and the eastern part with more than 236 units and 219 units in 2015.
The technology here is continuing developing. What is more, its growth rate is very high with a growth rate of 9.99% in 2015. The main drivers of the market here are: Mortality growth and development of environmental awareness in America.
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At present, there are nine companies make up more than 88.32% market share of the US cremation furnace market in 2015, and the top two manufacturers are Matthews Cremation and B&L Cremation Systems, making more than 32.85% market share of the total market in US.
In 2015, the cremation rate in the United States is 48.6%, and this statistic will grow to about 54.3% in 2020. With Environment as the top priority, Emissions legislation is much more stringent. The products need to meet the most stringent (environmental) requirements.
Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 100 countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Cremation Furnace 4900 market in 2020.
COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets.
The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.
This report also analyses the impact of Coronavirus COVID-19 on the Cremation Furnace 4900 industry.
Based on our recent survey, we have several different scenarios about the Cremation Furnace 4900 YoY growth rate for 2020. The probable scenario is expected to grow by a xx% in 2020 and the revenue will be xx in 2020 from US$ xx million in 2019. The market size of Cremation Furnace 4900 will reach xx in 2026, with a CAGR of xx% from 2020 to 2026.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Cremation Furnace market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Cremation Furnace market in terms of both revenue and volume.
Players, stakeholders, and other participants in the global Cremation Furnace market will be able to gain the upper hand as they use the report as a powerful resource. For this version of the report, the segmental analysis focuses on sales (volume), revenue and forecast by each application segment in terms of sales and revenue and forecast by each type segment in terms of revenue for the period 2015β2026.
Production and Pricing Analyses
Readers are provided with deeper production analysis, import and export analysis, and pricing analysis for the global Cremation Furnace market. As part of production analysis, the report offers accurate statistics and figures for production capacity, production volume by region, and global production and production by each type segment for the period 2015β2026.
In the pricing analysis section of the report, readers are provided with validated statistics and figures for price by manufacturer and price by region for the period 2015β2020 and price by each type segment for the period 2015β2026. The import and export analysis for the global Cremation Furnace market has been provided based on region.
Regional and Country-level Analysis
The report offers an exhaustive geographical analysis of the global Cremation Furnace market, covering important regions, viz, North America, Europe, China and Japan. It also covers key countries (regions), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, UAE, etc.
The report includes country-wise and region-wise market size for the period 2015β2026. It also includes market size and forecast by each application segment in terms of volume for the period 2015β2026.
Competition Analysis
In the competitive analysis section of the report, leading as well as prominent players of the global Cremation Furnace market are broadly studied on the basis of key factors. The report offers comprehensive analysis and accurate statistics on sales by the player for the period 2015β2020. It also offers detailed analysis supported by reliable statistics on price and revenue (global level) by player for the period 2015β2020.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Cremation Furnace market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Cremation Furnace market.
The following manufacturers are covered in this report:
- Matthews
- B&L
- FT
- American Incinerators
- Therm-Tec
- American Crematory Equipment Co.
- CMC
- Armil CFS
- National Incinerator Inc
Cremation Furnace Breakdown Data by Type
- Human Cremation Furnace
- Animal & Pet Cremation Furnace
Cremation Furnace Breakdown Data by Application
- Crematoriums
- Clinics & Hospitals
- Laboratories
- Others
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