Industrial Microwave Heating Equipment Market Growth, Trends, Industry Statistics 2022-2030

The global industrial microwave heating equipment market size is expected to be worth around US$ 5.4 billion by 2030, according to a new report by Vision Research Reports.

The global industrial microwave heating equipment market size was valued at US$ 990.2 million in 2020 and is anticipated to grow at a CAGR of 7.4% during forecast period 2021 to 2030.

Download Exclusive Sample of Report@ https://www.visionresearchreports.com/report/sample/38858

Report Coverage

Report Scope Details
Market Size US$ 5.4 Bn by 2030
Growth Rate CAGR of 7.4% From 2021 to 2030
Base Year 2021
Forecast Period 2021 to 2030
Segments Covered Equipment, end user
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned CoberMuegge LLC; Communications & Power Industries LLC (CPI); Hitachi Power Solutions Co., Ltd.; Industrial Microwave Systems Ltd.; L3 Electron Devices (L3 Technologies, Inc.); Muegge GmbH; Richardson Electronics, Ltd.; Teledyne e2v Limited; and Toshiba Hokuto Electronics Corporation.

Growth Factors

 Increasing adoption of magnetrons and RF solid-state amplifiers in various end-use industries such as food, paper, plastic, and wood and derivatives is anticipated to positively affect market growth. These high-efficiency products are poised to witness a significant rise in demand in the coming years owing to their long operating life, low maintenance requirements, and low power consumption.

Surging demand for RF solid-state amplifiers is estimated to drive the overall market. They are likely to replace magnetrons over the forecast period due to the benefits they offer, such as enhanced operating life, high precision output power control, frequency tuning, and fast frequency hopping. Moreover, the product has undergone several technological advancements over the past few years, which has led to its increased demand.

By Equipment Analysis

The industrial microwave heating equipment market can be segmented into two product categories, namely magnetrons and RF solid-state amplifiers. Studies show that magnetrons could be replaced by RF solid-state amplifiers over the forecast period, owing to several benefits offered by the latter.

RF solid-state amplifiers are expected to address several drawbacks associated with microwave ovens using magnetrons. The segment is expected to witness rapid growth across several end-use industries, exhibiting a CAGR exceeding 10.0%.

By End-Use Analysis

There has been a high demand for industrial microwave heating equipment from the food industry, owing to which the food industry captured a major market share in 2020.

The plastic segment is anticipated to exhibit a CAGR of just over 6.0% over the forecast period. Demand in the industry is expected to increase owing to the usage of industrial microwave heating equipment in numerous procedures

By Regional Analysis

The European market is expected to witness steady growth over the forecast period, registering a CAGR of over 6.0%. This can be attributed to rapid industrialization and favorable government regulations for the usage of microwaves/RF equipment for industrial processing.

The rise in the presence of food, paper, and chemical companies in North America and Asia Pacific has led to increased adoption of industrial microwave heating equipment

Key Players

CoberMuegge LLC; Communications & Power Industries LLC (CPI); Hitachi Power Solutions Co., Ltd.; Industrial Microwave Systems Ltd.; L3 Electron Devices (L3 Technologies, Inc.); Muegge GmbH; Richardson Electronics, Ltd.; Teledyne e2v Limited; and Toshiba Hokuto Electronics Corporation.

Market Segmentation

  • By Equipment
    • Magnetrons
    • RF Solid State Amplifiers
  • By End-Use
    • Food
    • Paper
    • Wood & Derivatives
    • Plastic
    • Chemical
    • Others
  • Regional
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
    • Asia Pacific
      • China
      • India
      • Japan
    • Latin America
      • Brazil
      • Mexico
    • Middle East & Africa

Buy this Research Report study@ https://www.visionresearchreports.com/report/cart/38858

Reasons to Purchase this Report:

– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Table of Contents

Chapter 1.  Introduction

1.1.  Research Objective

1.2.  Scope of the Study

1.3.  Definition

Chapter 2.  Research Methodology

2.1.  Research Approach

2.2.  Data Sources

2.3.  Assumptions & Limitations

Chapter 3.  Executive Summary

3.1.  Market Snapshot

Chapter 4.  Market Variables and Scope

4.1.  Introduction

4.2.  Market Classification and Scope

4.3.  Industry Value Chain Analysis

4.3.1.    Raw Material Procurement Analysis

4.3.2.    Sales and Distribution Channel Analysis

4.3.3.    Downstream Buyer Analysis

Chapter 5.  Market Dynamics Analysis and Trends

5.1.  Market Dynamics

5.1.1.    Market Drivers

5.1.2.    Market Restraints

5.1.3.    Market Opportunities

5.2.  Porter’s Five Forces Analysis

5.2.1.    Bargaining power of suppliers

5.2.2.    Bargaining power of buyers

5.2.3.    Threat of substitute

5.2.4.    Threat of new entrants

5.2.5.    Degree of competition

Chapter 6.  Competitive Landscape

6.1.1.    Company Market Share/Positioning Analysis

6.1.2.    Key Strategies Adopted by Players

6.1.3.    Vendor Landscape

6.1.3.1.        List of Suppliers

6.1.3.2.        List of Buyers

Chapter 7.  Global Industrial Microwave Heating Equipment Market, By Equipment

7.1.  Industrial Microwave Heating Equipment Market, by Equipment, 2021-2030

7.1.1.    Magnetrons

7.1.1.1.        Market Revenue and Forecast (2017-2030)

7.1.2.    RF Solid State Amplifiers

7.1.2.1.        Market Revenue and Forecast (2017-2030)

Chapter 8.  Global Industrial Microwave Heating Equipment Market, By End-user

8.1.  Industrial Microwave Heating Equipment Market, by End-user, 2021-2030

8.1.1.    Food

8.1.1.1.        Market Revenue and Forecast (2017-2030)

8.1.2.    Paper

8.1.2.1.        Market Revenue and Forecast (2017-2030)

8.1.3.    Wood & Derivatives

8.1.3.1.        Market Revenue and Forecast (2017-2030)

8.1.4.    Plastic

8.1.4.1.        Market Revenue and Forecast (2017-2030)

8.1.5.    Chemical

8.1.5.1.        Market Revenue and Forecast (2017-2030)

Chapter 9.  Global Industrial Microwave Heating Equipment Market, Regional Estimates and Trend Forecast

9.1.  North America

9.1.1.    Market Revenue and Forecast, by Equipment (2017-2030)

9.1.2.    Market Revenue and Forecast, by End-user (2017-2030)

9.1.3.    U.S.

9.1.3.1.        Market Revenue and Forecast, by Equipment (2017-2030)

9.1.3.2.        Market Revenue and Forecast, by End-user (2017-2030)

9.1.4.    Rest of North America

9.1.4.1.        Market Revenue and Forecast, by Equipment (2017-2030)

9.1.4.2.        Market Revenue and Forecast, by End-user (2017-2030)

9.2.  Europe

9.2.1.    Market Revenue and Forecast, by Equipment (2017-2030)

9.2.2.    Market Revenue and Forecast, by End-user (2017-2030)

9.2.3.    UK

9.2.3.1.        Market Revenue and Forecast, by Equipment (2017-2030)

9.2.3.2.        Market Revenue and Forecast, by End-user (2017-2030)

9.2.4.    Germany

9.2.4.1.        Market Revenue and Forecast, by Equipment (2017-2030)

9.2.4.2.        Market Revenue and Forecast, by End-user (2017-2030)

9.2.5.    France

9.2.5.1.        Market Revenue and Forecast, by Equipment (2017-2030)

9.2.5.2.        Market Revenue and Forecast, by End-user (2017-2030)

9.2.6.    Rest of Europe

9.2.6.1.        Market Revenue and Forecast, by Equipment (2017-2030)

9.2.6.2.        Market Revenue and Forecast, by End-user (2017-2030)

9.3.  APAC

9.3.1.    Market Revenue and Forecast, by Equipment (2017-2030)

9.3.2.    Market Revenue and Forecast, by End-user (2017-2030)

9.3.3.    India

9.3.3.1.        Market Revenue and Forecast, by Equipment (2017-2030)

9.3.3.2.        Market Revenue and Forecast, by End-user (2017-2030)

9.3.4.    China

9.3.4.1.        Market Revenue and Forecast, by Equipment (2017-2030)

9.3.4.2.        Market Revenue and Forecast, by End-user (2017-2030)

9.3.5.    Japan

9.3.5.1.        Market Revenue and Forecast, by Equipment (2017-2030)

9.3.5.2.        Market Revenue and Forecast, by End-user (2017-2030)

9.3.6.    Rest of APAC

9.3.6.1.        Market Revenue and Forecast, by Equipment (2017-2030)

9.3.6.2.        Market Revenue and Forecast, by End-user (2017-2030)

9.4.  MEA

9.4.1.    Market Revenue and Forecast, by Equipment (2017-2030)

9.4.2.    Market Revenue and Forecast, by End-user (2017-2030)

9.4.3.    GCC

9.4.3.1.        Market Revenue and Forecast, by Equipment (2017-2030)

9.4.3.2.        Market Revenue and Forecast, by End-user (2017-2030)

9.4.4.    North Africa

9.4.4.1.        Market Revenue and Forecast, by Equipment (2017-2030)

9.4.4.2.        Market Revenue and Forecast, by End-user (2017-2030)

9.4.5.    South Africa

9.4.5.1.        Market Revenue and Forecast, by Equipment (2017-2030)

9.4.5.2.        Market Revenue and Forecast, by End-user (2017-2030)

9.4.6.    Rest of MEA

9.4.6.1.        Market Revenue and Forecast, by Equipment (2017-2030)

9.4.6.2.        Market Revenue and Forecast, by End-user (2017-2030)

9.5.  Latin America

9.5.1.    Market Revenue and Forecast, by Equipment (2017-2030)

9.5.2.    Market Revenue and Forecast, by End-user (2017-2030)

9.5.3.    Brazil

9.5.3.1.        Market Revenue and Forecast, by Equipment (2017-2030)

9.5.3.2.        Market Revenue and Forecast, by End-user (2017-2030)

9.5.4.    Rest of LATAM

9.5.4.1.        Market Revenue and Forecast, by Equipment (2017-2030)

9.5.4.2.        Market Revenue and Forecast, by End-user (2017-2030)

Chapter 10.  Company Profiles

10.1.              CoberMuegge LLC

10.1.1.  Company Overview

10.1.2.  Equipment Offerings

10.1.3.  Financial Performance

10.1.4.  Recent Initiatives

10.2.              Communications & Power Industries LLC (CPI)

10.2.1.  Company Overview

10.2.2.  Equipment Offerings

10.2.3.  Financial Performance

10.2.4.  Recent Initiatives

10.3.              Hitachi Power Solutions Co., Ltd

10.3.1.  Company Overview

10.3.2.  Equipment Offerings

10.3.3.  Financial Performance

10.3.4.  Recent Initiatives

10.4.              Industrial Microwave Systems Ltd

10.4.1.  Company Overview

10.4.2.  Equipment Offerings

10.4.3.  Financial Performance

10.4.4.  Recent Initiatives

10.5.              L3 Electron Devices (L3 Technologies, Inc.)

10.5.1.  Company Overview

10.5.2.  Equipment Offerings

10.5.3.  Financial Performance

10.5.4.  Recent Initiatives

10.6.              Muegge GmbH

10.6.1.  Company Overview

10.6.2.  Equipment Offerings

10.6.3.  Financial Performance

10.6.4.  Recent Initiatives

10.7.              Richardson Electronics, Ltd

10.7.1.  Company Overview

10.7.2.  Equipment Offerings

10.7.3.  Financial Performance

10.7.4.  Recent Initiatives

10.8.              Teledyne e2v Limited

10.8.1.  Company Overview

10.8.2.  Equipment Offerings

10.8.3.  Financial Performance

10.8.4.  Recent Initiatives

10.9.              Toshiba Hokuto Electronics Corporation

10.9.1.  Company Overview

10.9.2.  Equipment Offerings

10.9.3.  Financial Performance

10.9.4.  Recent Initiatives

Chapter 11.  Research Methodology

11.1.              Primary Research

11.2.              Secondary Research

11.3.              Assumptions

Chapter 12.  Appendix

12.1.              About Us

12.2.              Glossary of Terms

Buy this Research Report study@ https://www.visionresearchreports.com/report/cart/38858

Contact Us:

Vision Research Reports

Call: +1 9197 992 333

Email: sales@visionresearchreports.com