Industrial Microwave Heating Equipment Market Share, Size, Trends, Industry Analysis Report By Equipment (RF Solid State Amplifiers, Magnetron); By Application (Pharmaceutical, Plastic, Chemical, Paper, Food & Beverages, Others); By Region, Segment Forecast, 2022 - 2029
- Published Date:Jan-2022
- Pages: 101
- Format: PDF
- Report ID: PM1402
- Base Year: 2021
- Historical Data: 2017-2020
Report Summary
The global industrial microwave heating equipment market was valued at USD 1,159.9 million in 2021 and is expected to grow at a CAGR of 6.4% during the forecast period. When compared to alternative heating methods, one of the critical benefits of this technology is that it allows for better systems integration.
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Sensors have the capacity to communicate back data on operation parameters like temperature, which may subsequently be changed to improve streamlining. It also allows for the elimination of inefficient frequencies, leading to boost efficiency. All of these benefits have contributed to the market's quick rise in recent years.
The current COVID-19 outbreak has had a detrimental impact on the industry. The global market has been seriously harmed by the introduction of shutdown and travel bans. Due to decreased demand for goods, supply disruptions, and economic volatility, a number of sectors are closing. However, the leading players' research and technology development efforts are projected to fuel industrial microwave heating equipment market expansion to some level within the post-pandemic era.
Market Dynamics
Growth Drivers
The worldwide industrial microwave heating equipment industry is driven by a growing and rising demand for commercial microwave heating equipment across the chemical and food industries. In particular, the widespread use of this equipment in the plastics sector to melt high plastics, dry foundry cores, as well as other substances is likely to boost the worldwide market's development.
The industrial microwave heating device industry is predicted to grow due to increased industrialization and strict government restrictions. Governments worldwide are enacting laws and recommendations to guarantee the safe use of microwaves and radio frequency technology in industrial operations and to promote energy-efficient goods. The impact of such laws on industrial microwave heating equipment market demand is likewise likely to be positive.
Report Segmentation
The market is primarily segmented on the basis of equipment, application, and region.
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By Equipment |
By Application |
By Region |
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Insight by Equipment
The magnetrons technology segment of the worldwide industry held the highest share in 2021. However, in the forecast period, RF solid-state amplifiers are projected to replace them. This has several disadvantages, including uneven heating, a short shelf life, and sluggish or moderate heat exchange.
In order to achieve consistent adhesive drying in hardwood laminates, RF solid-state amplifiers are utilized in the manufacture of paper sheets. They're employed in a variety of food processing industries, from drying baked foods to making wood. The capacity of these amplifiers to offer actual information on the total heating operation is the main reason for their extensive applicability.
Insight by Application
In recent years, the food and beverage business has experienced remarkable expansion. The increased demand for packaged foods over uncooked meals is one of the primary reasons driving industrial microwave heating equipment market expansion. Modern lifestyles, growing disposable money, and simple product offerings are all driving this trend. Furthermore, the purchasing of processed foods is now a high priority in overall consumer expenditure.
Microwave heating laminates of industrial usage are utilized for a variety of construction materials, including MDF and plywood. When industrial microwave heating is mixed with formaldehyde, the thermosetting polymer is formed, then applied to a paper foundation to make a laminate. This laminate is then applied to a variety of home products and materials.
Geographic Overview
Europe has the greatest industry for this technology. The high rate of industrial microwave heating equipment adoption in the region is the key cause for this. Regulatory bodies in the area have taken steps to standardize the characteristics of this technology, which has aided the segment's development.
Due to the presence of numerous food manufacturing, paper, and chemical firms in rising economies in this area, the Asia Pacific industry is likely to contribute to a considerable revenue portion of the worldwide industry.
Competitive Landscape
Companies offer a one-stop shop for their clients, assisting them at every step of the way in order to create a tailored solution that meets their process requirements. From consultation to manufacture to quality control to excellent after-sales service, assistance is offered at every stage. Growing product usage understanding is also a critical duty that businesses must perform, especially in expanding regional marketplaces like Asia Pacific.
Key market players operating in the global industry include CoberMuegge LLC, Communications & Power Industries LLC, Ferrite Microwave Technologies, Hitachi Power Solutions Co., Ltd., Industrial Microw, Kerone, L3 Electron Devices, Microdry Inc., Muegge GmbH, NEDO, PÜSCHNER, Richardson Electronics, Teledyne e2v Limited, Thermex Thermatron, Toshiba Hokuto Electronics Corporation, and Yamamoto Vinita Co., Ltd.
To meet rising customer needs, the industry's leading companies are producing new innovative goods. Global businesses are expanding their client base and strengthening their industry position by establishing new markets in emerging areas.
Industrial Microwave Heating Equipment Market Report Scope
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Report Attributes |
Details |
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Market size value in 2021 |
USD 1,159.9 million |
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Revenue forecast in 2029 |
USD 1,850.0 million |
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CAGR |
6.4% from 2022 - 2029 |
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Base year |
2021 |
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Historical data |
2017 - 2020 |
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Forecast period |
2022 - 2029 |
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Quantitative units |
Revenue in USD million/billion and CAGR from 2022 to 2029 |
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Segments covered |
By Equipment, By Application, By Region |
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Regional scope |
North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
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Key Companies |
CoberMuegge LLC, Communications & Power Industries LLC, Ferrite Microwave Technologies, Hitachi Power Solutions Co., Ltd., Industrial Microw, Kerone, L3 Electron Devices, Microdry Inc., Muegge GmbH, NEDO, PÜSCHNER, Richardson Electronics, Teledyne e2v Limited, Thermex Thermatron, Toshiba Hokuto Electronics Corporation, and Yamamoto Vinita Co., Ltd. |
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- Segmentation analysis
- Industry outlook
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