Industrial Microwave Heating Equipment Market Size USD 2.2 Billion 2034 with a CAGR of 6.5%

Rapid industrialization, along with growing demand for industrial microwave heating equipment from food and chemical industry across the globe are major driving factor for the growth of the Industrial microwave heating equipment market. In addition, growing demand for industrial microwave heating equipment from plastic industry owing to its immense applicability in order to melt high polymers, dry casting cores, and other materials is a factor expected to fuel growth of the global market in the near future. Furthermore, a benefit of microwave heating equipment such as uniform heat distribution which is not achievable with traditional heating methods in the product from wood industry is further expected to drive growth of the target market. 

The report "Industrial Microwave Heating Equipment Market, By Equipment (Magnetron and  RF Solid State Amplifiers), By End-Use Industry  (Food, Paper, Wood and Derivatives, Plastic, Chemical, and Others), and Region - Forecast to 2034"

Increasing research and development activities by manufacturers in order to adopt energy-efficient products is expected to create lucrative growth opportunities for players operating in the industrial microwave heating equipment market in the near future.

Key Market Insights from the report:    

Industrial microwave heating equipment market size was valued at USD 1.22 Billion in 2024 and is expected to reach USD 2.2 Billion by 2034 growing at a CAGR of 6.5%. The market report has been segmented on the basis of equipment, end-use industry, and region.

• By equipment, the magnetron segment accounted for major revenue share in 2018. This is attributed to ability of magnetron to achieve good operating economy in a microwave heating system by turning most of the dc input power into microwave output power.
• By end-use industry, the food segment is accounted for major revenue share in 2018 due to increasing adoption of microwave heating equipments for various food process such as cooking and foaming, mold-proofing, drying and sterilizing, and puffing and vacuum drying processes.
• By region, Asia Pacific industrial microwave heating equipment market accounted for major revenue share in the industrial microwave heating equipment market and is further anticipated to maintain its dominance over the forecast period. This is attributed to presence of well established microwave heating equipment industries in the countries in the region. Increasing demand for microwave heating equipments from chemical as well as plastic industry, along with the presence of prominent market players operating in this region are some among the major factors expected to support growth of the North America market over the forecast period. The market in Asia Pacific is expected to account for second-highest revenue share in 2034

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on "Industrial Microwave Heating Equipment Market”, By Equipment (Magnetron and RF Solid State Amplifiers), By End-Use Industry  (Food, Paper, Wood and Derivatives, Plastic, Chemical, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa)- forecast till 2034

The prominent player operating in the industrial microwave heating equipment market includes Electro-Sensors, Inc., Muegge GmbH, Microwaves & RF Inc., L-3 Communications, Toshiba Corporation, NORDSON Corporation, AEG Power Solutions, KROHNE Group, DragonWave Inc., GE Healthcare, Siemens AG, SINGULUS TECHNOLOGIES AG, Bogen Communications, ESI Group, CPS Energy, HeatWave Technologies, GEA Group, Fujifilm Corporation, Sunkist Chemical Inc., and Hitec Products AS.

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