Induction Furnace Market Growth, Size, Share and Forecast 2030
Furthermore, the demand for copper is currently rising due to a few long-term trends, and this trend is anticipated to continue over the coming years. The market for induction furnaces is expected to grow as a result of these trends, which also include the growing use of energy efficiency and renewable energy sources, the widespread use of electric vehicles (EVs), and the rise in consumer use of electronic gadgets that need a lot of copper.