Cremation Furnace Market Scope and Size by 2031
A cremation furnace is also known as an incinerator or cremator. Rising awareness about the need to combat air pollution due to human and pet cremation is one of the major factors that trigger the cremation furnace market growth. Furthermore, cremation furnace is user-friendly, ecological friendly, and fuel & cost-efficient which also positively impacting on the growth of the cremation furnace market during the forecast period.
MARKET DYNAMICS
Increasing population across the globe and growing death rate due to accidents, and medical conditions such as heart attack, cancer, and respiratory illness, is fuel the cremation furnace market growth. Technological advancements and stringent government rules and regulations against air pollution are also accelerating the growth of the cremation furnace market. Moreover, rising need to lower the emissions and ensure minimum waste of thermal energy and the development of high-end technology is expected to drive the cremation furnace market growth.
MARKET SCOPE
The "Global Cremation Furnace Market Analysis to 2031" is a specialized and in-depth study of the Cremation furnace industry with a special focus on the global market trend analysis. The report aims to provide an overview cremation furnace market with detailed market segmentation by type, application, and geography. The global cremation furnace market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading cremation furnace market players and offers key trends and opportunities in the cremation furnace market.
MARKET SEGMENTATION
The global cremation furnace market is segmented on the basis of type, application. On the basis of type the market is segmented as human cremation furnace, animal and pet cremation furnace. On the basis application the market is segmented as crematoriums, clinics and hospitals, laboratories.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Cremation furnace market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Cremation furnace market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting cremation furnace market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the cremation furnace market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Cremation furnace market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Cremation furnace market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting cremation furnace market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the cremation furnace market in these regions.
MARKET PLAYERS
The reports cover key developments in the cremation furnace market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from cremation furnace market are anticipated to lucrative growth opportunities in the future with the rising demand for cremation furnace in the global market. Below mentioned is the list of few companies engaged in the cremation furnace market.
The report also includes the profiles of key cremation furnace companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- American Crematory Equipment Co.
- Armil CFS, Inc.
- B&L Cremation Systems Inc.
- Crematec AB
- DFW Europe
- IDETER
- Matthews Cremation (Matthews International)
- The Facultatieve Group (FT)
- Therm-Tec
- US Cremation Equipment
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Cremation Furnace Market - By Type
1.3.2 Cremation Furnace Market - By Application
1.3.3 Cremation Furnace Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. CREMATION FURNACE MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. CREMATION FURNACE MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. CREMATION FURNACE MARKET - GLOBAL MARKET ANALYSIS
6.1. CREMATION FURNACE - GLOBAL MARKET OVERVIEW
6.2. CREMATION FURNACE - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. CREMATION FURNACE MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. HUMAN CREMATION FURNACE
7.3.1. Overview
7.3.2. Human Cremation Furnace Market Forecast and Analysis
7.4. ANIMAL AND PET CREMATION FURNACE
7.4.1. Overview
7.4.2. Animal and Pet Cremation Furnace Market Forecast and Analysis
8. CREMATION FURNACE MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. CREMATORIUMS
8.3.1. Overview
8.3.2. Crematoriums Market Forecast and Analysis
8.4. CLINICS AND HOSPITALS
8.4.1. Overview
8.4.2. Clinics and Hospitals Market Forecast and Analysis
8.5. LABORATORIES
8.5.1. Overview
8.5.2. Laboratories Market Forecast and Analysis
9. CREMATION FURNACE MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Cremation Furnace Market Overview
9.1.2 North America Cremation Furnace Market Forecasts and Analysis
9.1.3 North America Cremation Furnace Market Forecasts and Analysis - By Type
9.1.4 North America Cremation Furnace Market Forecasts and Analysis - By Application
9.1.5 North America Cremation Furnace Market Forecasts and Analysis - By Countries
9.1.5.1 United States Cremation Furnace Market
9.1.5.1.1 United States Cremation Furnace Market by Type
9.1.5.1.2 United States Cremation Furnace Market by Application
9.1.5.2 Canada Cremation Furnace Market
9.1.5.2.1 Canada Cremation Furnace Market by Type
9.1.5.2.2 Canada Cremation Furnace Market by Application
9.1.5.3 Mexico Cremation Furnace Market
9.1.5.3.1 Mexico Cremation Furnace Market by Type
9.1.5.3.2 Mexico Cremation Furnace Market by Application
9.2. EUROPE
9.2.1 Europe Cremation Furnace Market Overview
9.2.2 Europe Cremation Furnace Market Forecasts and Analysis
9.2.3 Europe Cremation Furnace Market Forecasts and Analysis - By Type
9.2.4 Europe Cremation Furnace Market Forecasts and Analysis - By Application
9.2.5 Europe Cremation Furnace Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Cremation Furnace Market
9.2.5.1.1 Germany Cremation Furnace Market by Type
9.2.5.1.2 Germany Cremation Furnace Market by Application
9.2.5.2 France Cremation Furnace Market
9.2.5.2.1 France Cremation Furnace Market by Type
9.2.5.2.2 France Cremation Furnace Market by Application
9.2.5.3 Italy Cremation Furnace Market
9.2.5.3.1 Italy Cremation Furnace Market by Type
9.2.5.3.2 Italy Cremation Furnace Market by Application
9.2.5.4 United Kingdom Cremation Furnace Market
9.2.5.4.1 United Kingdom Cremation Furnace Market by Type
9.2.5.4.2 United Kingdom Cremation Furnace Market by Application
9.2.5.5 Russia Cremation Furnace Market
9.2.5.5.1 Russia Cremation Furnace Market by Type
9.2.5.5.2 Russia Cremation Furnace Market by Application
9.2.5.6 Rest of Europe Cremation Furnace Market
9.2.5.6.1 Rest of Europe Cremation Furnace Market by Type
9.2.5.6.2 Rest of Europe Cremation Furnace Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Cremation Furnace Market Overview
9.3.2 Asia-Pacific Cremation Furnace Market Forecasts and Analysis
9.3.3 Asia-Pacific Cremation Furnace Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Cremation Furnace Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Cremation Furnace Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Cremation Furnace Market
9.3.5.1.1 Australia Cremation Furnace Market by Type
9.3.5.1.2 Australia Cremation Furnace Market by Application
9.3.5.2 China Cremation Furnace Market
9.3.5.2.1 China Cremation Furnace Market by Type
9.3.5.2.2 China Cremation Furnace Market by Application
9.3.5.3 India Cremation Furnace Market
9.3.5.3.1 India Cremation Furnace Market by Type
9.3.5.3.2 India Cremation Furnace Market by Application
9.3.5.4 Japan Cremation Furnace Market
9.3.5.4.1 Japan Cremation Furnace Market by Type
9.3.5.4.2 Japan Cremation Furnace Market by Application
9.3.5.5 South Korea Cremation Furnace Market
9.3.5.5.1 South Korea Cremation Furnace Market by Type
9.3.5.5.2 South Korea Cremation Furnace Market by Application
9.3.5.6 Rest of Asia-Pacific Cremation Furnace Market
9.3.5.6.1 Rest of Asia-Pacific Cremation Furnace Market by Type
9.3.5.6.2 Rest of Asia-Pacific Cremation Furnace Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Cremation Furnace Market Overview
9.4.2 Middle East and Africa Cremation Furnace Market Forecasts and Analysis
9.4.3 Middle East and Africa Cremation Furnace Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Cremation Furnace Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Cremation Furnace Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Cremation Furnace Market
9.4.5.1.1 South Africa Cremation Furnace Market by Type
9.4.5.1.2 South Africa Cremation Furnace Market by Application
9.4.5.2 Saudi Arabia Cremation Furnace Market
9.4.5.2.1 Saudi Arabia Cremation Furnace Market by Type
9.4.5.2.2 Saudi Arabia Cremation Furnace Market by Application
9.4.5.3 U.A.E Cremation Furnace Market
9.4.5.3.1 U.A.E Cremation Furnace Market by Type
9.4.5.3.2 U.A.E Cremation Furnace Market by Application
9.4.5.4 Rest of Middle East and Africa Cremation Furnace Market
9.4.5.4.1 Rest of Middle East and Africa Cremation Furnace Market by Type
9.4.5.4.2 Rest of Middle East and Africa Cremation Furnace Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Cremation Furnace Market Overview
9.5.2 South and Central America Cremation Furnace Market Forecasts and Analysis
9.5.3 South and Central America Cremation Furnace Market Forecasts and Analysis - By Type
9.5.4 South and Central America Cremation Furnace Market Forecasts and Analysis - By Application
9.5.5 South and Central America Cremation Furnace Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Cremation Furnace Market
9.5.5.1.1 Brazil Cremation Furnace Market by Type
9.5.5.1.2 Brazil Cremation Furnace Market by Application
9.5.5.2 Argentina Cremation Furnace Market
9.5.5.2.1 Argentina Cremation Furnace Market by Type
9.5.5.2.2 Argentina Cremation Furnace Market by Application
9.5.5.3 Rest of South and Central America Cremation Furnace Market
9.5.5.3.1 Rest of South and Central America Cremation Furnace Market by Type
9.5.5.3.2 Rest of South and Central America Cremation Furnace Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. CREMATION FURNACE MARKET, KEY COMPANY PROFILES
11.1. AMERICAN CREMATORY EQUIPMENT CO.
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. ARMIL CFS, INC.
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. B AND L CREMATION SYSTEMS INC.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. CREMATEC AB
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. DFW EUROPE
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. IDETER
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. MATTHEWS CREMATION (MATTHEWS INTERNATIONAL)
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. THE FACULTATIEVE GROUP (FT)
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. THERM-TEC
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. US CREMATION EQUIPMENT
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. American Crematory Equipment Co.
2. Armil CFS, Inc.
3. B and L Cremation Systems Inc.
4. Crematec AB
5. DFW Europe
6. IDETER
7. Matthews Cremation (Matthews International)
8. The Facultatieve Group (FT)
9. Therm-Tec
10. US Cremation Equipment
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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