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Stock impact report

Induction Furnace Market to USD 2.37 billion by 2032 owing to Increasing Demand for Energy-Efficient Melting Solutions | Report by SNS Insider [Yahoo! Finance]

inTest Corporation (INTT) 
Last intest corporation earnings: 2/28 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: ir.intest.com/investor-relations
Company Research Source: Yahoo! Finance
Austin, Oct. 16, 2024 (GLOBE NEWSWIRE) -- The Induction Furnace Market S ize was esteemed at USD 1.46 billion in 2023 and is supposed to arrive at USD 2.37 billion by 2032, with a growing CAGR of 5.58% over the forecast period 2024-2032. Book Your Sample PDF for Induction Furnace Market Report https://www.snsinsider.com/sample-request/2582 The Rise of Induction Furnaces in Sustainable Metal Production The induction furnace market's growth is primarily driven by a combination of factors, including the increasing focus on sustainability, the need for cost-effective melting solutions, and advancements in furnace technologies. As industries are under pressure to comply with environmental regulations, induction furnaces offer a path toward reducing energy consumption and emissions. Additionally, the demand for high-quality metal products has necessitated more precise and efficient melting processes, making induction furnaces a preferred choice across various sectors. Induction fur Show less Read more
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