The global industrial furnaces market size is anticipated to reach USD 16996.5 million by 2026, expanding at a CAGR of 5.4 percent during the forecast period. The recurring demand for iron and steel accompanied by other significant materials and metals, increase in adoption of electrical industrial furnaces and surge in demand for lightweight vehicles due to technological advancements are some of the major factors bolstering the industrial furnaces market growth. Besides, increase in adoption of state-of-the-art technologies such as IIoT has remodelled the entire scenario of Industrial furnaces. Therefore, customers today expect manufacturers to offer products that are designed, manufactured, and work on the latest technologies that meet their budgets. Also, they specifically look for Industrial furnaces that are highly insulated so that the fuel consumption and heat loss are reduced, leading to cost reduction.
The aforementioned advantages tied together with the company’s specialization in the field of manufacturing aluminium melting furnaces are in fact some of the factors in which Bangalore-based SKR Engineering leads the market. As one of the market leaders in the industrial furnaces landscape, SKR Engineering manufactures around 100 to 5000Kg Capacity Aluminium Furnaces of varying types. Therefore, intending to maintain its position in this segment, the company has plans to improve and work on this product line on the technology front.
Meeting The High Expectation Of Customers
“We always work on the technology up-gradation of our products in the areas of Electronics and refractories with an aim to meet the high expectation of our customers. We work round the clock to bring in superior technology at an affordable cost. Furthermore, our team of service engineers is spread across the Indian industrial hubs in Chennai, Coimbatore, Gujarat, Maharashtra, and Delhi. Our support team works with customers
to provide support service throughout the year (24x7x365),” explains King Richard, Director, SKR Engineering.
“We customize products as per the customer's needs. We not only believe in satisfying the customers with our products but we also believe in Employee satisfaction and therefore we thrive to keep them delighted because we are one of the most preferred suppliers of Furnaces in India only due to the dedication and hard work of our team of Engineers,” he adds.
The Electrical Aluminium melting Furnaces work in very low KW compared to other furnaces available in the Indian market and SKR Engineering is a specialist in manufacturing these furnaces. The company offers variants of Electrical Furnaces in Baleout and Tilting types, with varying coil types (Horizontal, Vertical, Silicon Carbide) customised as per need. We also specialise in Electrically heated Quenching Furnaces. However our expertise is not limited only to Electrical Furnaces but extends towards Oil fire, Diesel Fire and Gas powered furnaces as well. As such we specialise in Hydraulic Tilting Furnaces, Sklenar Furnaces, Oil Fire Rotary Furnaces, and Top Heating Furnace (Crucible less furnaces) as well.
Speaking about what differentiates SKR Engineering from the other players in this segment, Richard, the Director of the company states that, “We follow customer-centric approach as we believe that customer satisfaction is the key to business success and therefore we do not decline any request from our customers. We offer the best support and services in the market and our service team reaches out to customers and solves their queries at the earliest.
We always work on the technology up-gradation of our products in the areas of Electronics and refractories with an aim to meet the high expectation of our customers
“The unique design along with the required technology up gradation helps SKR in providing cost-effective & highly efficient products. We try to stay ahead of our competitors by adapting to the latest technologies at a faster pace, which helps us in meeting both local and international customers’ needs,” he adds.
More than 22 years ago, SKR Engineering began its journey in a car garage. After a few years, the company moved to a factory of an area of about 750 square feet, with more than 6 employees working for the company. With the employees’ hard work and commitment towards achieving the business goals, the company became highly successful in the Industrial furnace landscape and moved to its factory in Hoskote. Today, SKR Engineering has offices located in Chennai, Coimbatore, Delhi, Maharashtra, and Gujarat. Not just that the company has around 650 clients present in India, Bangladesh, the Middle East, Sri Lanka, Mexico, and a few of the African countries.
Having carved a niche for itself in this landscape, the entire team of SKR is working on developing new products by implementing advanced technologies in the field of Aluminium melting furnaces. Moving ahead, the company is planning to add and invest more resources in the Induction furnace area.