Dublin, July 21, 2021 (GLOBE NEWSWIRE) -- The "Industrial Magnetron Market - Global and Regional Analysis: Focus on Product Type, Application, and Countries - Analysis and Forecast, 2021-2026" report has been added to ResearchAndMarkets.com's offering.
Industrial magnetrons are vacuum tubes that generate high-power electromagnetic waves. These are an essential part of industrial microwave systems. Electromagnetic waves generated by these magnetrons are used in various applications such as heating and drying, commercial oven, semiconductor, and UV curing.
Heating and drying is expected to be the largest application segment of industrial magnetron. It is one of the main applications of magnetron as many industries such as food processing, chemical, lumber, rubber, and medical have been using microwaves for heating and drying application for years.
The global industrial magnetron market by type category is dominated by magnetron with an output of over 1 KW under 2 KW. Most of the magnetron providers offer products under the mentioned category.
APAC generated the highest revenue of $165.30 million in 2020, attributed to the presence of leading industrial and commercial microwave manufacturers. Also, the region has some of the leading food processing and semiconductor manufacturers.
Market Segmentation
- Application: Heating & Drying, Commercial Oven, Semiconductor, UV Curing, and Others
- Product: Over 1 KW under 2 KW, 2 KW 4 KW, and 5 KW 15 KW
Market Growth Drivers
- Growing Demand for Microwaves for Commercial and Industrial Usage
- Increasing Defense Expenditure by Various Governments
Market Challenges
- Maintaining the Life Span of the Magnetrons
Market Opportunities
- Application of Magnetron in Semiconductor and Power Industries
The companies that are profiled in the report have been selected from a selective pool of players, based on various factors such as product portfolio, annual revenues, market penetration, research, and development initiatives, along with a domestic and international presence in the industrial magnetron industry.
Key Companies Profiled
- Advanced Environmental Technologies Limited
- CobberMuegge LLC
- Fricke und Mallah Microwave Technology
- Guangzhou Daeyean Trading Company
- Guoguang Electric Co. Ltd.
- Hitachi Power Solutions
- Insight Product Company
- L3 Harris Technologies
- LG Electronics
- MICRO-ACTIV COMPONENTS
- Panasonic Corporation
- Richardson Electronics
- Toshiba Hokuto Electronics Corporation
- Wave Power Technology
- Western Electric
Key Topics Covered:
1 Markets
1.1 Business Dynamics
1.1.1 Business Drivers
1.1.1.1 Growing Demand for Microwaves for Commercial and Industrial Usage
1.1.1.2 Increasing Defense Expenditure by Various Governments
1.1.2 Business Opportunity
1.1.2.1 Application of Magnetron in Semiconductor and Power Industries
1.1.3 Business Challenges
1.1.3.1 Maintaining the Life Span of the Magnetrons
2 Application
2.1 Global Industrial Magnetron Market - Applications and Specifications
2.2 Global Industrial Magnetron Market - Demand Analysis (by Application)
3 Products
3.1 Global Industrial Magnetron Market - Products and Specifications
3.2 Global Industrial Magnetron Market - Demand Analysis (by Output)
3.2.1 Demand Analysis (by Output), Value Data
3.2.2 Demand Analysis (by Output (by Company)), Value Data - Global & Country
4 Region
4.1 North America
4.2 Europe
4.3 China
4.4 Asia-Pacific (by Country)
5 Markets - Competitive Benchmarking & Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/frz8v6
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