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The global industrial microwave heating equipment market is valued at USD 810.3 million in 2016 and it is expected to reach USD 1492.7 million by the end of 2026, growing at a Growth Rate of 6.3% between 2016 and 2026. In microwave heating, volume of a material is heated substantially at the same rate, whereas conventional heating is not only slow, but also non-uniform with the surfaces, edges and corners being much hotter than the inside of the material. In microwave heating, energy is transferred through the material electro-magnetically hence the rate of heating is not limited and the uniformity of heat distribution is greatly improved. Industrial Microwave heated food products tend to retain a higher percentage of flavors and nutrients.
Industrial Microwave Heating Equipment generates higher power densities, enabling increased production speeds and decreased production costs. Industrial Microwave Heating Equipment has long operating life, high-precision output power control, low maintenance requirements, and low power consumption. The global industrial microwave heating equipment market is segmented into magnetron and RF solid state amplifiers on the basis of equipment. The RF solid state amplifiers segment is estimated to dominate the global industrial microwave heating equipment market during the forecast period, as they possess increased operating life, high-precision output power control, low maintenance, and fast frequency tuning and hopping as compared to magnetron segment.
Industrial Microwave Heating Equipment has higher production efficiency due to increased process speeds, improved product quality resulting from reduced surface temperatures, major savings in energy consumption and cost, a pollution-free environment as there are no byproducts of combustion, provides instantaneous heating control, uniformity of moisture control and surface temperature of the final product compared with conventional heating equipment. 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.
The Europe region is the largest industrial microwave heating equipment market followed by North America and it is expected that both these markets are estimated to register significant growth rates during the forecast period owing to rising industrialization and stringent government regulations and having presence of major market players operating in this region. Asia Pacific is anticipated to witness an exponential during the forecast period owing to increasing demand from food and plastic industries in emerging economies in this region. The food industry segment is estimated to dominate the global industrial microwave heating equipment market. The plastic segment is projected to register highest CAGR over the forecast period.
Industrial Microwave Heating Equipment Market Report: Product Type
Industrial Microwave Heating Equipment Market Report: Application
Industrial Microwave Heating Equipment Market: Company Analysis
Geographical analysis of Industrial Microwave Heating Equipment Market:
Industrial Microwave Heating Equipment Market Report delivers comprehensive analysis of :
| Parameters | Details |
|---|---|
Base Year | 2022 |
Historical Data | 2017-2022 |
Forecast Data | 2023-2029 |
Regional Scope | North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW |
Industrial Microwave Heating Equipment Market report considers 2021 as the base year.
Industrial Microwave Heating Equipment Market report considers data for period 2016 to 2021 as the historical data to predict market forecast between 2022 to 2029.
Yes, report is inclusive in-detailed analysis of key players in Industrial Microwave Heating Equipment Market
Industrial Microwave Heating Equipment Market Study is broadly divided into North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW. Also these regions are further analysed as per various countries
Industrial Microwave Heating Equipment Market Report includes Market Segmentation, Regional outlook, Application Analysis, Competitive analysis, Supply-Demand Analysis, Pricing insight.
Yes, the report includes COVID 19 impact on the market.
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