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Industrial-Microwave-Heating-Market

Industrial Microwave Heating Market, [By Equipment (RF Solid State Amplifiers, Magnetron); By Application (Pharmaceutical, Plastic, Chemical, Paper, Food and Beverages, Others); By Region]: Market Size & Forecast, 2018 – 2026

Published: Sep 2018
Pages: 118
Format: PDF
Report ID: PM1402
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Report Summary

The global Industrial Microwave Heating market was valued at USD 955.8 million in 2017 and is anticipated to grow at a CAGR of 6% during the forecast period. Microwave heating is used to generate heat within a material and continue heating the entire volume at the same rate. Use of microwave in industrial applications offers increased production speeds and decreased production costs by generation of higher power densities. Microwave energy can be controlled with precision and has the ability to be turned on and off instantly, thereby eliminating the need for warm-up and cool-down. Industrial microwave heating is used in various applications such as drying and sterilizing, rubber curing, foaming plastic materials, drying coated paper and synthetic paper, and polymerization among others.

The increasing applications of industrial heating equipment in industries such as food and beverages, and chemical along with global industrial growth drive the Industrial Microwave Heating market. Industrial microwave heating equipment is used in various industries such as plastic, paper, pharmaceutical, wood, and chemical among others, and growth in these industries worldwide is expected to supplement the growth of the market. Other factors driving the market include reduced maintenance costs, higher operating efficiency, and low power consumption. The increasing awareness regarding use of energy efficient heating equipment and government regulations regarding green technology is expected to support market growth during the forecast period. However, increases prices of electricity and power supply hamper the growth of the Industrial Microwave Heating market. Growing demand from emerging economies, and technological advancements are factors expected to provide numerous growth opportunities in the Industrial Microwave Heating Market during the forecast period.

Europe Industrial Microwave Heating Market Share, By Equipment, 2017 - 2026

Industrial-Microwave-Heating-Market

Note: Inside circle depicts data for 2017 & outside circle depicts data for 2026

Segment Analysis

The global Industrial Microwave Heating market is segmented on the basis of equipment, application, and region. Based on equipment, the market is segmented into RF Solid State Amplifiers, and Magnetron. The application segment is divided into pharmaceutical, plastic, chemical, paper, food and beverages, and others.

Regional Analysis

This Industrial Microwave Heating Market comprises a detailed geographic distribution of the market across North America, Europe, APAC, Latin America, and MEA. North America is further segmented into U.S., Canada, and Mexico. Europe is divided into Germany, UK, Italy, France, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific. Europe accounted for the largest share in the global Industrial Microwave Heating market in 2017.

Europe Industrial Microwave Heating Market, By Equipment, 2017 – 2026 (USD Million)

Industrial-Microwave-Heating-Market Size

Competitive Analysis

The leading players in the Industrial Microwave Heating Market include Hitachi Power Solutions Co., Ltd., Muegge GmbH, Teledyne e2v Limited, Industrial Microwave Systems Ltd., CoberMuegge LLC, Communications & Power Industries LLC (CPI), L3 Technologies, Inc., Richardson Electronics, Ltd., MDP Components, STT International Limited, Panasonic Corporation, and Toshiba International Corporation among others. The leading players in the market are introducing new innovative products in the market to cater to the growing consumer demands. Global players are entering new markets in developing regions to expand their customer base and strengthen market presence.

Key questions answered by the report

  • What is the current Market Size and Forecasts of Global Industrial Microwave Heating Market
  • What is the market opportunity for Industrial Microwave Heating applications
  • How big is the market size for different equipment in the Global Industrial Microwave Heating Market
  • How much is the estimated market for Industrial Microwave Heating in North America during the forecast period
  • What are the companies in this market and how are they classified
  • What are the available opportunities and who are the top market players in this space

Table of Contents

  1. Overview and Scope
    1. Research goal & scope
    2. Research assumptions
    3. Research Methodology
      1. Primary data sources
      2. Secondary data sources
    4. Key take-away
    5. Stakeholders
  2. Executive Summary
    1. Market Definition
    2. Market Segmentation
  3. Industrial Microwave Heating Market Insights
    1. Industrial Microwave Heating – Industry snapshot
    2. Industrial Microwave Heating - Ecosystem analysis
    3. Industrial Microwave Heating Market Dynamics
      1. Industrial Microwave Heating – Market Forces
        1. Industrial Microwave Heating Market Driver Analysis
        2. Industrial Microwave Heating Market Restraint/Challenges analysis
        3. Industrial Microwave Heating Market Opportunity Analysis
    4. Industry analysis - Porter's five force
      1. Bargaining power of supplier
      2. Bargaining power of buyer
      3. Threat of substitute
      4. Threat of new entrant
      5. Degree of competition
    5. Industrial Microwave Heating Market PEST Analysis, 2016
    6. Industrial Microwave Heating Market Value Chain Analysis
    7. Industrial Microwave Heating Industry Trends
    8. Competitive Ranking Analysis
  4. Industrial Microwave Heating Market Size and Forecast, 2017-2026 by Equipment
    1. Key Findings
    2. RF Solid State Amplifiers
    3. Magnetron
  5. Industrial Microwave Heating Market Size and Forecast, 2017-2026 by Application
    1. Key Findings
    2. Pharmaceutical
    3. Plastic
    4. Chemical
    5. Paper
    6. Food and Beverages
    7. Others
  6. Industrial Microwave Heating Market Size and Forecast, 2017-2026 by Region
    1. Key Findings
    2. North America
      1. US.
      2. Canada
      3. Mexico
    3. Europe
      1. Germany
      2. UK
      3. France
      4. Italy
      5. Rest of Europe
    4. Asia-Pacific
      1. China
      2. India
      3. Japan
      4. Rest of Asia-Pacific
    5. Latin America
      1. Brazil
      2. Middle East & Africa
  7. Company Profiles
    1. Hitachi Power Solutions Co., Ltd.
      1. Overview
      2. Financials
      3. Product Benchmarking
      4. Recent Developments
    2. Muegge GmbH
      1. Overview
      2. Financials
      3. Product Benchmarking
      4. Recent Developments
    3. Teledyne e2v Limited
      1. Overview
      2. Financials
      3. Product Benchmarking
      4. Recent Developments
    4. Industrial Microwave Systems Ltd.
      1. Overview
      2. Financials
      3. Product Benchmarking
      4. Recent Developments
    5. CoberMuegge LLC
      1. Overview
      2. Financials
      3. Product Benchmarking
      4. Recent Developments
    6. Communications & Power Industries LLC (CPI)
      1. Overview
      2. Financials
      3. Product Benchmarking
      4. Recent Developments
    7. L3 Technologies, Inc.
      1. Overview
      2. Financials
      3. Product Benchmarking
      4. Recent Developments
    8. Richardson Electronics, Ltd.
      1. Overview
      2. Financials
      3. Product Benchmarking
      4. Recent Developments
    9. MDP Components
      1. Overview
      2. Financials
      3. Product Benchmarking
      4. Recent Developments
    10. STT International Limited
      1. Overview
      2. Financials
      3. Product Benchmarking
      4. Recent Developments
    11. Panasonic Corporation
      1. Overview
      2. Financials
      3. Product Benchmarking
      4. Recent Developments
    12. Toshiba International Corporation
      1. Overview
      2. Financials
      3. Product Benchmarking
      4. Recent Developments

Report Content

Qualitative Analysis

  • Industry overview
  • Industry trends
  • Market drivers and restraints
  • Market size
  • Growth prospects
  • Porter’s analysis
  • PESTEL Analysis
  • Value Chain Analysis
  • Key market opportunities prioritized
  • Competitive landscape
    • Overview
    • Financials
    • Product benchmarking
    • Latest strategic developments

Quantitative Analysis

  • Market size, estimates, and forecasts from 2017 - 2026
  • Market revenue estimates for equipment up to 2026
  • Market revenue estimates for application up to 2026
  • Regional market size and forecast up to 2026
  • Regional market size and forecast for equipment up to 2026
  • Regional market size and forecast for application up to 2026
  • Company financials

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