Skip to main content

Industrial Microwave Heating Equipment Market To Touch $1.77 Billion By 2027 Based on Rising Awareness Regarding Industrial Pollution | Million Insights

Industrial Microwave Heating Equipment Market To Touch $1.77 Billion By 2027 Based on Rising Awareness Regarding Industrial Pollution | Million Insights
Million Insights - World's Fastest Growing Market Research Database
According to new report available with Million Insights, the global industrial microwave heating equipment industry report offers the most up-to-date data on current market scenario, trends and future outlook. This study provides numerous opportunities for market players to invest for research and development in the market.

The global Industrial Microwave Heating Equipment Market size is anticipated to value USD 1.77 billion until 2027. It is also expected to register a CAGR of 6.21% over the forecasted years, 2020 to 2027. The increasing need for lowering operational and maintenance costs coupled with surging awareness about industrial pollution is projected to drive the market growth.

The magnetrons equipment segment accounted for a dominant share in 2019. But, the RF solid-state amplifier equipment segment is projected to register a CAGR of more than 10.0% from 2020 to 2027 owing to enhanced features like more volumetric heating, quick heat transfer and higher shelf life.

To download the sample PDF of “Industrial Microwave Heating Equipment Market Report” please click here: https://www.millioninsights.com/industry-reports/global-industrial-microwave-heating-equipment-market/request-sample

Global industrial microwave heating equipment market

The food segment dominated the global market in 2019 owing to the rising usage of this equipment to carry out processes like blanching, tempering, puffing, foaming, cooking, and sterilizing. On the other hand, the plastic segment is expected to hold 6.0% CAGR from 2020 to 2027 on account of the adoption of heating equipment for processes like optical fiber melting, drying of casting cores, and preheating of plastic profiles.

In 2019, Europe accounted for the highest share across the global industrial microwave heating equipment market due to the imposition of favorable policies by governing bodies for curbing industrial pollution. While, North America and the Asia Pacific also accounted for substantial share across the global market owing to the increasing presence of chemical, food, and paper industries.

The market includes key players such as Muegge GmbH, Richardson Electronics, Ltd., Teledyne e2v Limited, CoberMuegge LLC, and L3 Electron Devices. They are continuously focusing on innovation and product development to launch a variety of products as per the customized requirements of clients.

To browse report summary & detailed TOC, please click the link below:
https://www.millioninsights.com/industry-reports/global-industrial-microwave-heating-equipment-market

Global industrial microwave heating equipment market share

Further key findings from the report suggest:

• The RF solid-state amplifier equipment segment is expected to register highest CAGR in the upcoming years.

• In 2019, the food end-use segment dominated the global market.

• Europe accounted for the highest share across the global market in 2019.

• The key players in this market are Muegge GmbH, Richardson Electronics, Ltd., Teledyne e2v Limited, CoberMuegge LLC, and L3 Electron Devices.

Million Insights has segmented the global industrial microwave heating equipment market on the basis of equipment, end use and region:

Industrial Microwave Heating Equipment Outlook (Revenue, USD Million, 2019 - 2027)
    • Magnetrons
    • RF Solid State Amplifiers

Industrial Microwave Heating Equipment End-Use Outlook (Revenue, USD Million, 2019 - 2027)
    • Food
    • Paper
    • Wood & Derivatives
    • Plastics
    • Chemicals
    • Others

Industrial Microwave Heating Equipment Regional Outlook (Revenue, USD Million, 2019 - 2027)
    • North America
        • The U.S.
        • Canada
    • Europe
        • The U.K.
        • Germany
    • Asia Pacific
        • China
        • India
        • Japan
    • Latin America
        • Brazil
        • Mexico
    • Middle East & Africa

Explore the Latest Press Releases by Million Insights:

• Tabletop Kitchen Products Market: The global tabletop kitchen products market is anticipated to reach USD 61.3 billion by the end 2025. The market is anticipated to grow at a CAGR of 3.7% during the forecast period, 2019 to 2025.

• Rice Seeds Market: The global rice seed market size is projected to touch USD 11.2 billion by 2025. The market is projected to grow at a CAGR of 8.1% from 2019 to 2025. The growing popularity of rice a food staple in most emerging countries such as India, China, Indonesia and others are supplementing the market growth.

About Million Insights

Million Insights, is a distributor of market research reports, published by premium publishers only. We have a comprehensive market place that will enable you to compare data points, before you make a purchase. Enabling informed buying is our motto and we strive hard to ensure that our clients get to browse through multiple samples, prior to an investment. Service flexibility & the fastest response time are two pillars, on which our business model is founded. Our market research report store, includes in-depth reports, from across various industry verticals, such as healthcare, technology, chemicals, food & beverages, consumer goods, material science & automotive.

Media Contact
Company Name: Million Insights
Contact Person: Ryan Manuel
Email: Send Email
Phone: 91-20-65300184
Address:Office No. 302, 3rd Floor, Manikchand Galleria, Model Colony, Shivaji Nagar
City: Pune
State: Maharashtra
Country: India
Website: https://www.millioninsights.com/industry-reports/global-industrial-microwave-heating-equipment-market


Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.