What is Cremation Furnace?
Cremation furnace is an equipment used in a crematorium. It generate temperature ranging between 1000 to 1300 degrees Celsius to carry out cremation or incineration of a dead body. This temperature helps to reduce the body to its basic elements and dried bone fragments. This process undergoes in a cremation chamber of a crematory.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Matthews Cremation (United States), B & L Cremation Systems Inc. (United States), Facultatieve Technologies Ltd (United Kingdom), American Incinerators Corp (United States), Therm-Tec Inc. (United States), American Crematory Equipment (United States), Armil CFS Inc. (United States) and National Incinerator Inc. (United States) |
The study covers a detailed analysis segmented by key business segments i.e. by type (Human Cremation Furnace and Animal & Pet Cremation Furnace) , by application (Crematoriums, Clinics & Hospitals, Laboratories and Others) and major geographies. Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Cremation Furnace market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Cremation Furnace market report suggests strategies that Manufacturers can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Manufacturers, some of them are Matthews Cremation (United States), B & L Cremation Systems Inc. (United States), Facultatieve Technologies Ltd (United Kingdom), American Incinerators Corp (United States), Therm-Tec Inc. (United States), American Crematory Equipment (United States), Armil CFS Inc. (United States) and National Incinerator Inc. (United States).
Market Trend
High Demand for Cremation Furnace with Advance Features Such As Digital Display, Digital Control Panel, Etc.
Restraints
- High Initial Investment for the Equipment
Opportunities
Growing Demand from End-User Industry and Increasing Adoption of Cremation Furnace
Key highlights of the Global Cremation Furnace market Study:
CAGR of the market during the forecast period 2021-2027
In-depth information on growth factors that will accelerate the Cremation Furnace market in next few years.
Detailed Insights on futuristic trends and changing consumer behaviour
Forecast of the Global Cremation Furnace market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Manufacturers
Comprehensive information about factors that will challenge the growth of Cremation Furnace Manufacturers
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Cremation Furnace market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Cremation Furnace market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Cremation Furnace Manufacturers, Research Professionals, Emerging Companies, Raw Material Suppliers/ Buyers, Distributors, Government Body & Associations and End-user.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.