Induction Furnace Market Forecast: CAGR of 5.73% Signals Steady Growth
Market Overview The global Induction Furnace market has witnessed significant growth over the past decade, driven by rising industrialization, technological advancements, and increasing demand for energy-efficient and environmentally friendly manufacturing processes. In 2023, the market was valued at USD 1,494.2 million, and it is projected to reach USD 2,297.2 million by 2031,...
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