Global Industrial Magnetrons Market Size, Share, Trends, Industry Growth by Product Type (Continuous Wave, Pulsed), by Cooling Type (Air Cooled, Water Cooled), by Operating Frequency, by Application, by Region, and Forecast to 2027

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The global industrial magnetrons market size is expected to witness a significant CAGR of around 6% during the forecast period and was valued at around USD 500 million in 2020. The increasing demand for the product in industrial applications such as heating and drying is one of the prominent factor to drive the market growth. Furthermore, the increasing demand for the product in the commercial and industrial sector for microwave heating systems and the growing application in radar systems are further expected to fuel the market over the forecast period. However, the high cost of the product, high maintenance, and the overheating of industrial equipment are some factors to restrain the market growth.

Market Segment Insights:

The air-cooled segment is expected to grow at the highest CAGR over the forecast period

The global industrial magnetrons market is bifurcated into product type, operating frequency, cooling type, application, and geography. On the basis of cooling type, the market is segmented into air-cooled and water-cooled. The air-cooled segment is accounted to grow at a fast growth rate over the forecast period. The increasing use of industrial magnetrons in various applications such as heating, drying, and plasma generation by various manufacturing units to maintain heat generated during the procedures is a major factor to drive the segment growth. Furthermore, the low costs and low consumption time of the air cooling process compared to others is further expected to fuel the segment growth.

The incudstrial heating equipment held the largest market share of around two-third of the market

On the basis of application, the market is segmented into radar systems, industrial heating equipment, medical applications, and others. the industrial heating equipment segment dominated the global industrial magnetrons market in 2020 and is estimated to hold the largest revenue share of around two-third of the market. The segment growth is attributed to the rapid growth in industrialization and the increasing number of manufacturing units in various economies. On the other hand, the radar systems segment is expected to grow at a significant growth rate over the forecast period. The increasing investment in the defense sector by various economies to deploy radar systems for monitoring aircraft and submarines is a major factor to drive the segment growth.

Industrial Magnetrons Market Size

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The industrial magnetrons comprehensive study analyzes industry trends, market size, competitive analysis, and market forecast – 2021 to 2027. Research Corridor report provides detailed premium insight into the global market and reveals the potential revenue streams, commercial prospects, market drivers, challenges, opportunities, issues, and events affecting the industry. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market, and expert opinion obtained from interviews with industry executives and experts from prominent companies.

The industrial magnetrons market research report presents the analysis of each segment from 2018 to 2027 considering 2020 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2021 to 2027.

Historical & Forecast Period

  • 2018-19 – Historical Year
  • 2020 – Base Year
  • 2021-2027 – Forecast Period

Global Industrial Magnetrons Market Segmentation:

By Product Type:

  • Spray-tray Type Deaeration
  • Spray Type Deaeration
  • Vacuum Type Deaeration

By Operating Frequency:

  • L Band
  • S Band
  • C Band
  • X Band
  • Ku & Ka Band

By Cooling Type:

  • Air Cooled
  • Water Cooled

By Applications:

  • Industrial Heating Equipment
  • Radar Systems
  • Medical Applications
  • Others

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Industrial Magnetrons Market: Geographic Coverage

Geographically, the industrial magnetrons market report comprises dedicated sections centering on the regional market revenue and trends. The industrial magnetrons market has been segmented on the basis of geographic regions into North America, Europe, Asia Pacific, and Rest of the World (RoW). The RoW segment consists of Latin America and the Middle East & Africa. The industrial magnetrons market has been extensively analyzed on the basis of various regional factors such as demographics, gross domestic product (GDP), inflation rate, acceptance, and others. Industrial magnetrons market estimates have also been provided for the historical years 2018 & 2019 along with forecasts for the period from 2021 – 2027.

Industrial Magnetrons Market: Competitive Assessment

Some of the major market players operating in the global industrial magnetrons market are Panasonic Corporation, L3 Harris Technologies, Inc., LG Electronics, Inc., Guoguang Electric Co. Ltd., and Hitachi Power Solutions Co., Ltd. Companies are exploring markets by expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

List of Key Companies:

  • Panasonic Corporation
  • L3 Harris Technologies, Inc.
  • LG Electronics, Inc.
  • Guoguang Electric Co. Ltd.
  • Hitachi Power Solutions Co., Ltd.
  • Toshiba Hokuto Electronics Corporation
  • Richardson Electronics Ltd.
  • Fricke und Mallah Microwave Technology GmbH
  • MUEGGE GmbH
  • Western Electric Co., Inc.

Key Questions Answered by Industrial Magnetrons Market Report

  • Global industrial magnetrons market forecasts from 2021-2027
  • Regional industrial magnetrons market forecasts from 2021-2027 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
  • Country-level forecasts from 2021-2027 covering 15 major countries from the regions as mentioned above
  • Industrial magnetrons submarket forecasts from 2021-2027 cover the market by product type, by operating frequency, by cooling type, by application, and geography
  • Various industry models such as SWOT analysis, Value Chain Analysis about industrial magnetrons market
  • Analysis of the key factors driving and restraining the growth of the global, regional, and country-level industrial magnetrons markets from 2021-2027
  • Competitive Landscape and market positioning of top 10 players operating in the industrial magnetrons market
Industrial Magnetrons Market
Table of Content:

1. Preface


1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.4. Assumptions

 

2. Executive Summary


2.1. Global Industrial Magnetrons Market Portraiture
2.2. Global Industrial Magnetrons Market, by Product Type, 2020 (USD Mn)
2.3. Global Industrial Magnetrons Market, by Operating Frequency, 2020 (USD Mn)
2.4. Global Industrial Magnetrons Market, by Cooling Type, 2020 (USD Mn)
2.5. Global Industrial Magnetrons Market, by Applications, 2020 (USD Mn)
2.6. Global Industrial Magnetrons Market, by Geography, 2020 (USD Mn)

 

3. Global Industrial Magnetrons Market Analysis


3.1. Industrial Magnetrons Market Overview
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Challenges
3.3.3. Opportunities
3.4. Attractive Investment Proposition
3.5. Competitive Analysis
3.6. Porter’s Five Force Analysis
3.6.1. Bargaining Power of Suppliers
3.6.2. Bargaining Power of Buyers
3.6.3. Threat of New Entrants
3.6.4. Threat of Substitutes
3.6.5. Degree of Competition
3.7. COVID-19 Impact Analysis

 

4. Global Industrial Magnetrons Market By Product Type, 2018 – 2027 (USD Mn)


4.1. Overview
4.2. Continuous Wave
4.3. Pulsed

 

5. Global Industrial Magnetrons Market By Operating Frequency, 2018 – 2027 (USD Mn)


5.1. Overview
5.2. L Band
5.3. S Band
5.4. C Band
5.5. X Band
5.6. Ku & Ka Band

 

6. Global Industrial Magnetrons Market By Cooling Type, 2018 – 2027 (USD Mn)


6.1. Overview
6.2. Air Cooled
6.3. Water Cooled

 

7. Global Industrial Magnetrons Market By Application, 2018 – 2027 (USD Mn)


7.1. Overview
7.2. Industrial Heating Equipment
7.3. Radar Systems
7.4. Medical Applications
7.5. Others

 

8. North America Industrial Magnetrons Market Analysis and Forecast, 2018 – 2027 (USD Mn)


8.1.1. Overview
8.1.2. North America Industrial Magnetrons Market by Product Type (2018-2027 USD Mn)
8.1.3. North America Industrial Magnetrons Market by Operating Frequency (2018-2027 USD Mn)
8.1.4. North America Industrial Magnetrons Market by Cooling Type (2018-2027 USD Mn)
8.1.5. North America Industrial Magnetrons Market by Applications (2018-2027 USD Mn)
8.1.6. North America Industrial Magnetrons Market by Country (2018-2027 USD Mn)
8.1.6.1. U.S.
8.1.6.1.1. U.S. Industrial Magnetrons Market by Product Type (2018-2027 USD Mn)
8.1.6.1.2. U.S. Industrial Magnetrons Market by Operating Frequency (2018-2027 USD Mn)
8.1.6.1.3. U.S. Industrial Magnetrons Market by Cooling Type (2018-2027 USD Mn)
8.1.6.1.4. U.S. Industrial Magnetrons Market by Applications (2018-2027 USD Mn)
8.1.6.2. Canada
8.1.6.2.1. Canada Industrial Magnetrons Market by Product Type (2018-2027 USD Mn)
8.1.6.2.2. Canada Industrial Magnetrons Market by Operating Frequency (2018-2027 USD Mn)
8.1.6.2.3. Canada Industrial Magnetrons Market by Cooling Type (2018-2027 USD Mn)
8.1.6.2.4. Canada Industrial Magnetrons Market by Applications (2018-2027 USD Mn)

 

9. Europe Industrial Magnetrons Market Analysis and Forecast, 2018 – 2027 (USD Mn)


9.1.1. Overview
9.1.2. Europe Industrial Magnetrons Market by Product Type (2018-2027 USD Mn)
9.1.3. Europe Industrial Magnetrons Market by Operating Frequency (2018-2027 USD Mn)
9.1.4. Europe Industrial Magnetrons Market by Cooling Type (2018-2027 USD Mn)
9.1.5. Europe Industrial Magnetrons Market by Applications (2018-2027 USD Mn)
9.1.6. Europe Industrial Magnetrons Market by Country (2018-2027 USD Mn)
9.1.6.1. Germany
9.1.6.1.1. Germany Industrial Magnetrons Market by Product Type (2018-2027 USD Mn)
9.1.6.1.2. Germany Industrial Magnetrons Market by Operating Frequency (2018-2027 USD Mn)
9.1.6.1.3. Germany Industrial Magnetrons Market by Cooling Type (2018-2027 USD Mn)
9.1.6.1.4. Germany Industrial Magnetrons Market by Applications (2018-2027 USD Mn)
9.1.6.2. U.K.
9.1.6.2.1. U.K. Industrial Magnetrons Market by Product Type (2018-2027 USD Mn)
9.1.6.2.2. U.K. Industrial Magnetrons Market by Operating Frequency (2018-2027 USD Mn)
9.1.6.2.3. U.K. Industrial Magnetrons Market by Cooling Type (2018-2027 USD Mn)
9.1.6.2.4. U.K. Industrial Magnetrons Market by Applications (2018-2027 USD Mn)
9.1.6.3. France
9.1.6.3.1. France Industrial Magnetrons Market by Product Type (2018-2027 USD Mn)
9.1.6.3.2. France Industrial Magnetrons Market by Operating Frequency (2018-2027 USD Mn)
9.1.6.3.3. France Industrial Magnetrons Market by Cooling Type (2018-2027 USD Mn)
9.1.6.3.4. France Industrial Magnetrons Market by Applications (2018-2027 USD Mn)
9.1.6.4. Italy
9.1.6.4.1. Italy Industrial Magnetrons Market by Product Type (2018-2027 USD Mn)
9.1.6.4.2. Italy Industrial Magnetrons Market by Operating Frequency (2018-2027 USD Mn)
9.1.6.4.3. Italy Industrial Magnetrons Market by Cooling Type (2018-2027 USD Mn)
9.1.6.4.4. Italy Industrial Magnetrons Market by Applications (2018-2027 USD Mn)
9.1.6.5. Rest of Europe
9.1.6.5.1. Rest of Europe Industrial Magnetrons Market by Product Type (2018-2027 USD Mn)
9.1.6.5.2. Rest of Europe Industrial Magnetrons Market by Operating Frequency (2018-2027 USD Mn)
9.1.6.5.3. Rest of Europe Industrial Magnetrons Market by Cooling Type (2018-2027 USD Mn)
9.1.6.5.4. Rest of Europe Industrial Magnetrons Market by Applications (2018-2027 USD Mn)

 

10. Asia Pacific Industrial Magnetrons Market Analysis and Forecast, 2018 – 2027 (USD Mn)


10.1.1. Overview
10.1.2. Asia Pacific Industrial Magnetrons Market by Product Type (2018-2027 USD Mn)
10.1.3. Asia Pacific Industrial Magnetrons Market by Operating Frequency (2018-2027 USD Mn)
10.1.4. Asia Pacific Industrial Magnetrons Market by Cooling Type (2018-2027 USD Mn)
10.1.5. Asia Pacific Industrial Magnetrons Market by Applications (2018-2027 USD Mn)
10.1.6. Asia Pacific Industrial Magnetrons Market by Country (2018-2027 USD Mn)
10.1.6.1. China
10.1.6.1.1. China Industrial Magnetrons Market by Product Type (2018-2027 USD Mn)
10.1.6.1.2. China Industrial Magnetrons Market by Operating Frequency (2018-2027 USD Mn)
10.1.6.1.3. China Industrial Magnetrons Market by Cooling Type (2018-2027 USD Mn)
10.1.6.1.4. China Industrial Magnetrons Market by Applications (2018-2027 USD Mn)
10.1.6.2. Japan
10.1.6.2.1. Japan Industrial Magnetrons Market by Product Type (2018-2027 USD Mn)
10.1.6.2.2. Japan Industrial Magnetrons Market by Operating Frequency (2018-2027 USD Mn)
10.1.6.2.3. Japan Industrial Magnetrons Market by Cooling Type (2018-2027 USD Mn)
10.1.6.2.4. Japan Industrial Magnetrons Market by Applications (2018-2027 USD Mn)
10.1.6.3. Rest of Asia Pacific
10.1.6.3.1. Rest of Asia Pacific Industrial Magnetrons Market by Product Type (2018-2027 USD Mn)
10.1.6.3.2. Rest of Asia Pacific Industrial Magnetrons Market by Operating Frequency (2018-2027 USD Mn)
10.1.6.3.3. Rest of Asia Pacific Industrial Magnetrons Market by Cooling Type (2018-2027 USD Mn)
10.1.6.3.4. Rest of Asia Pacific Industrial Magnetrons Market by Applications (2018-2027 USD Mn)

 

11. Latin America (LATAM) Industrial Magnetrons Market Analysis and Forecast, 2018 – 2027 (USD Mn)


11.1.1. Overview
11.1.2. Latin America Industrial Magnetrons Market by Product Type (2018-2027 USD Mn)
11.1.3. Latin America Industrial Magnetrons Market by Operating Frequency (2018-2027 USD Mn)
11.1.4. Latin America Industrial Magnetrons Market by Cooling Type (2018-2027 USD Mn)
11.1.5. Latin America Industrial Magnetrons Market by Applications (2018-2027 USD Mn)
11.1.6. Latin America Industrial Magnetrons Market by Country (2018-2027 USD Mn)
11.1.6.1. Brazil
11.1.6.1.1. Brazil Industrial Magnetrons Market by Product Type (2018-2027 USD Mn)
11.1.6.1.2. Brazil Industrial Magnetrons Market by Operating Frequency (2018-2027 USD Mn)
11.1.6.1.3. Brazil Industrial Magnetrons Market by Cooling Type (2018-2027 USD Mn)
11.1.6.1.4. Brazil Industrial Magnetrons Market by Applications (2018-2027 USD Mn)
11.1.6.2. Mexico
11.1.6.2.1. Mexico Industrial Magnetrons Market by Product Type (2018-2027 USD Mn)
11.1.6.2.2. Mexico Industrial Magnetrons Market by Operating Frequency (2018-2027 USD Mn)
11.1.6.2.3. Mexico Industrial Magnetrons Market by Cooling Type (2018-2027 USD Mn)
11.1.6.2.4. Mexico Industrial Magnetrons Market by Applications (2018-2027 USD Mn)
11.1.6.3. Rest of Latin America
11.1.6.3.1. Rest of Latin America Industrial Magnetrons Market by Product Type (2018-2027 USD Mn)
11.1.6.3.2. Rest of Latin America Industrial Magnetrons Market by Operating Frequency (2018-2027 USD Mn)
11.1.6.3.3. Rest of Latin America Industrial Magnetrons Market by Cooling Type (2018-2027 USD Mn)
11.1.6.3.4. Rest of Latin America Industrial Magnetrons Market by Applications (2018-2027 USD Mn)

 

12. Middle East and Africa Industrial Magnetrons Market Analysis and Forecast, 2018 – 2027 (USD Mn)


12.1.1. Overview
12.1.2. MEA Industrial Magnetrons Market by Product Type (2018-2027 USD Mn)
12.1.3. MEA Industrial Magnetrons Market by Operating Frequency (2018-2027 USD Mn)
12.1.4. MEA Industrial Magnetrons Market by Cooling Type (2018-2027 USD Mn)
12.1.5. MEA Industrial Magnetrons Market by Applications (2018-2027 USD Mn)
12.1.6. Middle East and Africa Industrial Magnetrons Market, by Country (2018-2027 USD Mn)
12.1.6.1. GCC
12.1.6.1.1. GCC Industrial Magnetrons Market by Product Type (2018-2027 USD Mn)
12.1.6.1.2. GCC Industrial Magnetrons Market by Operating Frequency (2018-2027 USD Mn)
12.1.6.1.3. GCC Industrial Magnetrons Market by Cooling Type (2018-2027 USD Mn)
12.1.6.1.4. GCC Industrial Magnetrons Market by Applications (2018-2027 USD Mn)
12.1.6.2. South Africa
12.1.6.2.1. South Africa Industrial Magnetrons Market by Product Type (2018-2027 USD Mn)
12.1.6.2.2. South Africa Industrial Magnetrons Market by Operating Frequency (2018-2027 USD Mn)
12.1.6.2.3. South Africa Industrial Magnetrons Market by Cooling Type (2018-2027 USD Mn)
12.1.6.2.4. South Africa Industrial Magnetrons Market by Applications (2018-2027 USD Mn)
12.1.6.3. Rest of MEA
12.1.6.3.1. Rest of MEA Industrial Magnetrons Market by Product Type (2018-2027 USD Mn)
12.1.6.3.2. Rest of MEA Industrial Magnetrons Market by Operating Frequency (2018-2027 USD Mn)
12.1.6.3.3. Rest of MEA Industrial Magnetrons Market by Cooling Type (2018-2027 USD Mn)
12.1.6.3.4. Rest of MEA Industrial Magnetrons Market by Applications (2018-2027 USD Mn)

 

13. Company Profiles


13.1. Panasonic Corporation
13.1.1. Business Description
13.1.2. Financial Health and Budget Allocation
13.1.3. Product Positions/Portfolio
13.1.4. Recent Development
13.1.5. SWOT Analysis
13.2. L3 Harris Technologies, Inc.
13.2.1. Business Description
13.2.2. Financial Health and Budget Allocation
13.2.3. Product Positions/Portfolio
13.2.4. Recent Development
13.2.5. SWOT Analysis
13.3. LG Electronics, Inc.
13.3.1. Business Description
13.3.2. Financial Health and Budget Allocation
13.3.3. Product Positions/Portfolio
13.3.4. Recent Development
13.3.5. SWOT Analysis
13.4. Guoguang Electric Co. Ltd.
13.4.1. Business Description
13.4.2. Financial Health and Budget Allocation
13.4.3. Product Positions/Portfolio
13.4.4. Recent Development
13.4.5. SWOT Analysis
13.5. Hitachi Power Solutions Co., Ltd.
13.5.1. Business Description
13.5.2. Financial Health and Budget Allocation
13.5.3. Product Positions/Portfolio
13.5.4. Recent Development
13.5.5. SWOT Analysis
13.6. Toshiba Hokuto Electronics Corporation
13.6.1. Business Description
13.6.2. Financial Health and Budget Allocation
13.6.3. Product Positions/Portfolio
13.6.4. Recent Development
13.6.5. SWOT Analysis
13.7. Richardson Electronics Ltd.
13.7.1. Business Description
13.7.2. Financial Health and Budget Allocation
13.7.3. Product Positions/Portfolio
13.7.4. Recent Development
13.7.5. SWOT Analysis
13.8. Fricke und Mallah Microwave Technology GmbH
13.8.1. Business Description
13.8.2. Financial Health and Budget Allocation
13.8.3. Product Positions/Portfolio
13.8.4. Recent Development
13.8.5. SWOT Analysis
13.9. MUEGGE GmbH
13.9.1. Business Description
13.9.2. Financial Health and Budget Allocation
13.9.3. Product Positions/Portfolio
13.9.4. Recent Development
13.9.5. SWOT Analysis
13.10. Western Electric Co., Inc.
13.10.1. Business Description
13.10.2. Financial Health and Budget Allocation
13.10.3. Product Positions/Portfolio
13.10.4. Recent Development
13.10.5. SWOT Analysis
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