The global industrial microwave heating
equipment market size is expected to reach USD 1.4 billion by 2025, according
to a new report by Grand View Research, Inc., expanding at a CAGR of 5.6%
during the forecast period. 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 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 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.
The industrial microwave heating equipment market
is projected to witness remarkable growth over the forecast period owing to
rising adoption of the equipment in varied applications across different
end-use industries. Some of the applications include drying coated paper and/or
synthetic paper, drying chemicals and pigments, puffing and vacuum drying, and
rubber curing and tire pre-heating.
Furthermore, growing government regulations
pertaining to safe usage of industrial microwave heating equipment continue to
be one of the key growth stimulators for the market. Governments have
established standards for maximum permissible emissions as well as equipment
design and operation. For instance, the Federal Communications Commission (FCC)
has assigned frequencies for microwave food processing.
For More Details Please Visit @:
https://www.grandviewresearch.com/industry-analysis/industrial-microwave-heating-equipment-market
https://www.grandviewresearch.com/industry-analysis/industrial-microwave-heating-equipment-market
Further key findings from the study suggest:
·
The industrial
microwave heating equipment market was valued at USD 890.2 million in 2016 and
is expected to post a CAGR of 5.6% over the forecast period, owing to growing
adoption of RF solid state amplifiers in various end-use industries
·
The RF solid
state amplifiers segment is anticipated to the rise at a phenomenal CAGR of
13.0% during the forecast period, owing to factors such as increased operating
life, high-precision output power control, low maintenance, and fast frequency
tuning and hopping
·
Magnetrons and
RF solid state amplifiers are widely adopted in the food industry, owing to
their usage in diverse applications including cooking and foaming, drying and sterilizing,
and tempering and blanching. The industry will be the fastest growing end-use
segment, registering a CAGR of 6.9% during the forecast period
·
Europe
represented the leading market share of approximately 34.0% in 2016 and is
estimated to witness substantial growth over the forecast period, owing to
rising industrialization and stringent government regulations
·
Key players such
as Communications & Power Industries LLC, L3 Electron Devices, Muegge GmbH,
Richardson Electronics, Ltd., and Toshiba Hokuto Electronics Corporation
dominated the market in 2016 and focus on strengthening their presence through
mergers and acquisitions.
Grand View Research has segmented the global
industrial microwave heating equipment market based on equipment, end use, and
region:
Industrial
Microwave Heating Equipment Outlook (Revenue, USD Million, 2014 - 2025)
·
Magnetrons
·
RF Solid State
Amplifiers
Industrial
Microwave Heating Equipment End-Use Outlook (Revenue, USD Million, 2014 -
2025)
·
Food
·
Paper
·
Wood &
Derivatives
·
Plastics
·
Chemicals
·
Others
Industrial
Microwave Heating Equipment Regional Outlook (Revenue, USD Million, 2014 -
2025)
·
North America
o
U.S.
o
Canada
·
Europe
o
U.K.
o
Germany
·
Asia Pacific
o
China
o
India
o
Japan
·
Latin America
o
Brazil
o
Mexico
·
Middle East
& Africa
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