Market Overview:
The global electric drying oven market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the electric drying oven market can be attributed to the increasing demand for electric drying ovens from industrial and mining enterprises and laboratories across the globe. Additionally, the growing trend of miniaturization is also contributing to the growth of this market. On the basis of type, the global electric drying oven market can be segmented into industrial electric drying ovens and electric drying ovens for experiments. The industrial electric dryers are further sub-segmented into tunnel dryers, cabinet dryers, belt conveyor dryers, flash driers and others (including batch type).
Product Definition:
An electric drying oven is a device used to dry objects or substances. The importance of an electric drying oven is that it can provide a consistent and reliable heat source for drying objects or substances.
Industrial Electric Drying Oven:
Industrial electric drying oven is used for heat treatment and curing of industrial products such as ceramic, glass, cement, bricks and tiles. It's a mechanical device which is used to remove water from the product by using convection or radiation dryers. The major factor driving the growth of this market includes growing infrastructural developments in emerging economies including India and China coupled with rising disposable income levels among consumers in these countries.
Electric Drying Oven For Experiment:
Electric drying oven is used for heating the air or a gas to its temperature, which then allows the heat to dissipate from that space. It is also known as an electric convection oven. The working principle of this device is very simple, it works by transferring heat from the warm surface (like hot plate) inside your home to the food or item you are drying and thus keeping it dry and clean.
Application Insights:
The laboratory application segment led the global electric drying oven market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing R&D activities in various industries, including food and beverages, pharmaceuticals, cosmetics and others. In addition, laboratory applications require small footprint as compared with industrial counterparts which is expected to drive demand over the coming years.
The industry has witnessed significant developments on account of technological advancements coupled with product innovations by key players such as Midea Group Co., Ltd.; Samsung Electronics Co., Ltd.; Panasonic Corporation; Haier Inc.; IFB Systems Limited; Electrolux (Luxembourg) S.A.
Regional Analysis:
North America dominated the global market in 2017. The growth of the regional market can be attributed to various factors such as increasing research and development activities, rising demand for food products with longer shelf life, and growing pharmaceutical industry. Europe is expected to witness significant growth over the forecast period owing to high product demand from bakery enterprises for producing quality baked goods with less time and cost.
Asia Pacific is anticipated to register a CAGR of XX% during the forecast period on account of rapid industrialization along with increasing R&D investments by multinational companies in this region. In addition, favorable government initiatives towards promoting new investments are also expected to drive electric drying ovens market growth in APAC region during the projected period.
Growth Factors:
- Increasing demand for electric drying ovens from the food and beverage industry as a result of the growing trend of processed and packaged foods.
- The increasing popularity of electric drying ovens in small businesses, restaurants, and bakeries due to their energy efficiency and versatility.
- Rising demand for electric drying ovens in laboratories for research purposes owing to their ability to provide precise temperature control.
- Growing use of electric drying ovens in medical facilities for sterilization purposes as they are considered more reliable than traditional methods such as autoclaves or boiling water baths .
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Drying Oven Market Research Report
By Type
Industrial Electric Drying Oven, Electric Drying Oven For Experiment
By Application
Industrial and Mining Enterprises, Laboratory
By Companies
Steridium, Steelco, Technigraf GmbH, Olimpia, Terra Universal Inc, ARDESIA, Beltron GmbH, France Etuves, KharkovEnergoPribor, Krautzberger, LC Printing Machine Factory Limited, LTE Scientific Ltd
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
211
Number of Tables & Figures
148
Customization Available
Yes, the report can be customized as per your need.
Global Electric Drying Oven Market Report Segments:
The global Electric Drying Oven market is segmented on the basis of:
Types
Industrial Electric Drying Oven, Electric Drying Oven For Experiment
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial and Mining Enterprises, Laboratory
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Steridium
- Steelco
- Technigraf GmbH
- Olimpia
- Terra Universal Inc
- ARDESIA
- Beltron GmbH
- France Etuves
- KharkovEnergoPribor
- Krautzberger
- LC Printing Machine Factory Limited
- LTE Scientific Ltd
Highlights of The Electric Drying Oven Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Industrial Electric Drying Oven
- Electric Drying Oven For Experiment
- By Application:
- Industrial and Mining Enterprises
- Laboratory
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electric Drying Oven Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Electric drying oven is a type of oven that uses electricity to dry food. It is often used to dry fruits and vegetables.
Some of the major players in the electric drying oven market are Steridium, Steelco, Technigraf GmbH, Olimpia, Terra Universal Inc, ARDESIA, Beltron GmbH, France Etuves, KharkovEnergoPribor, Krautzberger, LC Printing Machine Factory Limited, LTE Scientific Ltd.
The electric drying oven market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electric Drying Oven Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Electric Drying Oven Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electric Drying Oven Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Electric Drying Oven Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Electric Drying Oven Market Size & Forecast, 2018-2028
4.5.1 Electric Drying Oven Market Size and Y-o-Y Growth
4.5.2 Electric Drying Oven Market Absolute $ Opportunity
Chapter 5 Global Electric Drying Oven Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Electric Drying Oven Market Size Forecast by Type
5.2.1 Industrial Electric Drying Oven
5.2.2 Electric Drying Oven For Experiment
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electric Drying Oven Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Electric Drying Oven Market Size Forecast by Applications
6.2.1 Industrial and Mining Enterprises
6.2.2 Laboratory
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electric Drying Oven Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electric Drying Oven Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Electric Drying Oven Analysis and Forecast
9.1 Introduction
9.2 North America Electric Drying Oven Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Electric Drying Oven Market Size Forecast by Type
9.6.1 Industrial Electric Drying Oven
9.6.2 Electric Drying Oven For Experiment
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Electric Drying Oven Market Size Forecast by Applications
9.10.1 Industrial and Mining Enterprises
9.10.2 Laboratory
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Electric Drying Oven Analysis and Forecast
10.1 Introduction
10.2 Europe Electric Drying Oven Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Electric Drying Oven Market Size Forecast by Type
10.6.1 Industrial Electric Drying Oven
10.6.2 Electric Drying Oven For Experiment
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Electric Drying Oven Market Size Forecast by Applications
10.10.1 Industrial and Mining Enterprises
10.10.2 Laboratory
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Electric Drying Oven Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electric Drying Oven Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Electric Drying Oven Market Size Forecast by Type
11.6.1 Industrial Electric Drying Oven
11.6.2 Electric Drying Oven For Experiment
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Electric Drying Oven Market Size Forecast by Applications
11.10.1 Industrial and Mining Enterprises
11.10.2 Laboratory
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Electric Drying Oven Analysis and Forecast
12.1 Introduction
12.2 Latin America Electric Drying Oven Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Electric Drying Oven Market Size Forecast by Type
12.6.1 Industrial Electric Drying Oven
12.6.2 Electric Drying Oven For Experiment
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Electric Drying Oven Market Size Forecast by Applications
12.10.1 Industrial and Mining Enterprises
12.10.2 Laboratory
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Electric Drying Oven Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electric Drying Oven Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Electric Drying Oven Market Size Forecast by Type
13.6.1 Industrial Electric Drying Oven
13.6.2 Electric Drying Oven For Experiment
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Electric Drying Oven Market Size Forecast by Applications
13.10.1 Industrial and Mining Enterprises
13.10.2 Laboratory
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Electric Drying Oven Market: Competitive Dashboard
14.2 Global Electric Drying Oven Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Steridium
14.3.2 Steelco
14.3.3 Technigraf GmbH
14.3.4 Olimpia
14.3.5 Terra Universal Inc
14.3.6 ARDESIA
14.3.7 Beltron GmbH
14.3.8 France Etuves
14.3.9 KharkovEnergoPribor
14.3.10 Krautzberger
14.3.11 LC Printing Machine Factory Limited
14.3.12 LTE Scientific Ltd
