Market Overview:
The global low-frequency induction heating machine market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for low-frequency induction heating machines in various applications such as welding, annealing, and heat treatment. Low-frequency induction heating machines are used for various purposes such as surface quench, tempering and modulation, brazing welding, silver soldering and braze welding. These machines are also used in the manufacturing of automobiles and aircrafts where high precision is required.
Product Definition:
A low-frequency induction heating machine is a device that uses electric current to create a magnetic field. This magnetic field then induces an electric current in the object being heated. This induced electric current then creates heat, which is used to heat up the object. Low-frequency induction heating machines are important because they can be used to heat up large objects quickly and efficiently.
Below 25KW:
Below 25KW, it's usage.
The global below 25KW, it's usage and growth factor in the low-frequency induction heating machine market size was valued at USD 5.0 billion in 2016. The increasing demand for energy efficiency from industrial sector is expected to drive industry growth over the forecast period.
25KW-75KW:
The 25KW-75KW is a range of electric motor power rating. It is used in low-frequency induction heating machine. The 25 KW - 75 KW motor power rating has been gaining importance owing to the growing demand for energy efficiency from end-use industries such as building automation, automotive and packaging among others.
Increasing awareness regarding global warming along with stringent government regulations on reducing carbon footprint has forced manufacturers to focus on developing environment friendly products.
Application Insights:
The global low-frequency induction heating machine market, by application, is segmented into heating (hot forging, hot fitting and smelting), heat treatment (surface quench), welding (braze welding, silver soldering and brazing), annealing (tempering and modulation) and others. The annealing segment held the largest share in 2017 owing to the extensive use of LFIHMs in precious metalurgical applications such as goldsmithing.
In terms of revenue generation for 2018-2030 ¢â‚¬Å“heating¢â‚¬ dominated the industry with a share of over 40% in terms of volume as well. Low frequency power is used to heat various components including bars & rods/rounds & squares during casting or extrusion processes in foundry industries across all verticals globally.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and increasing demand for electric heating equipment in various end-use industries, such as steel, automotive, mining, construction and others. The region has been witnessing an increase in the number of manufacturing facilities due to low labor costs along with easy access to energy resources. This trend is projected to positively influence the growth over the forecast period.
The European market was valued at USD X million in 2017 and is anticipated witness moderate growth over the forecast period owing high product penetration across several industries including automotive (heating systems), aerospace (heating systems), oil & gas (for forging) etc.
Growth Factors:
- Increasing demand for low-frequency induction heating machines from the automotive and aerospace industries due to the advantages of low-frequency induction heating over traditional methods such as resistance welding and gas welding.
- Growing demand for low-frequency induction heating machines from the medical device industry due to their ability to heat metal parts uniformly without damaging surrounding tissue or organs.
- Rising popularity of low-frequency induction heating machines in small and medium enterprises (SMEs) due to their lower cost and smaller size compared to traditional high-frequency induction heating machines.
- Increasing research and development spending by leading players in the low-frequency induction heating machine market to develop new products that can meet the specific needs of different industries.
Scope Of The Report
Report Attributes
Report Details
Report Title
Low-frequency Induction Heating Machine Market Research Report
By Type
Below 25KW, 25KW-75KW, Above 75KW
By Application
Heating (Hot Forging, Hot Fitting and Smelting), Heat Treatment (Surface Quench), Welding (Braze Welding, Silver Soldering and Brazing), Annealing (Tempering and Modulation), Others
By Companies
Inductotherm Group, EFD Induction, GH Group, Ajax Tocco, SPC Electronics, EMAG Eldec, President Honor Industries, HF ENERGY, Nippon Avionics Co.,Ltd., Satra International, Shenzhen Shuangping, Baoding Sifang Sanyi Electric, Jinlai Electromechanical, Taizhou Hongri, HLQ Induction Equipment, Tianjin Tiangao, Zhangjiagang Jinda, Dongguan Hengxin, TM Induction Heating
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
186
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global Low-frequency Induction Heating Machine Market Report Segments:
The global Low-frequency Induction Heating Machine market is segmented on the basis of:
Types
Below 25KW, 25KW-75KW, Above 75KW
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
Heating (Hot Forging, Hot Fitting and Smelting), Heat Treatment (Surface Quench), Welding (Braze Welding, Silver Soldering and Brazing), Annealing (Tempering and Modulation), Others
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:
- Inductotherm Group
- EFD Induction
- GH Group
- Ajax Tocco
- SPC Electronics
- EMAG Eldec
- President Honor Industries
- HF ENERGY
- Nippon Avionics Co.,Ltd.
- Satra International
- Shenzhen Shuangping
- Baoding Sifang Sanyi Electric
- Jinlai Electromechanical
- Taizhou Hongri
- HLQ Induction Equipment
- Tianjin Tiangao
- Zhangjiagang Jinda
- Dongguan Hengxin
- TM Induction Heating
Highlights of The Low-frequency Induction Heating Machine 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:
- Below 25KW
- 25KW-75KW
- Above 75KW
- By Application:
- Heating (Hot Forging, Hot Fitting and Smelting)
- Heat Treatment (Surface Quench)
- Welding (Braze Welding, Silver Soldering and Brazing)
- Annealing (Tempering and Modulation)
- Others
- 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 Low-frequency Induction Heating Machine 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
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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?
Low-frequency induction heating machines are used to heat objects by inducing a current of electricity through the object. This current heats up the object, which then radiates that heat outwards.
Some of the major companies in the low-frequency induction heating machine market are Inductotherm Group, EFD Induction, GH Group, Ajax Tocco, SPC Electronics, EMAG Eldec, President Honor Industries, HF ENERGY, Nippon Avionics Co.,Ltd., Satra International, Shenzhen Shuangping, Baoding Sifang Sanyi Electric, Jinlai Electromechanical, Taizhou Hongri, HLQ Induction Equipment, Tianjin Tiangao, Zhangjiagang Jinda, Dongguan Hengxin, TM Induction Heating.
The low-frequency induction heating machine 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 Low-frequency Induction Heating Machine 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 Low-frequency Induction Heating Machine Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Low-frequency Induction Heating Machine 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 Low-frequency Induction Heating Machine 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 Low-frequency Induction Heating Machine Market Size & Forecast, 2018-2028
4.5.1 Low-frequency Induction Heating Machine Market Size and Y-o-Y Growth
4.5.2 Low-frequency Induction Heating Machine Market Absolute $ Opportunity
Chapter 5 Global Low-frequency Induction Heating Machine 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 Low-frequency Induction Heating Machine Market Size Forecast by Type
5.2.1 Below 25KW
5.2.2 25KW-75KW
5.2.3 Above 75KW
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Low-frequency Induction Heating Machine 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 Low-frequency Induction Heating Machine Market Size Forecast by Applications
6.2.1 Heating (Hot Forging
6.2.2 Hot Fitting and Smelting)
6.2.3 Heat Treatment (Surface Quench)
6.2.4 Welding (Braze Welding
6.2.5 Silver Soldering and Brazing)
6.2.6 Annealing (Tempering and Modulation)
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Low-frequency Induction Heating Machine 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 Low-frequency Induction Heating Machine 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 Low-frequency Induction Heating Machine Analysis and Forecast
9.1 Introduction
9.2 North America Low-frequency Induction Heating Machine 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 Low-frequency Induction Heating Machine Market Size Forecast by Type
9.6.1 Below 25KW
9.6.2 25KW-75KW
9.6.3 Above 75KW
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 Low-frequency Induction Heating Machine Market Size Forecast by Applications
9.10.1 Heating (Hot Forging
9.10.2 Hot Fitting and Smelting)
9.10.3 Heat Treatment (Surface Quench)
9.10.4 Welding (Braze Welding
9.10.5 Silver Soldering and Brazing)
9.10.6 Annealing (Tempering and Modulation)
9.10.7 Others
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 Low-frequency Induction Heating Machine Analysis and Forecast
10.1 Introduction
10.2 Europe Low-frequency Induction Heating Machine 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 Low-frequency Induction Heating Machine Market Size Forecast by Type
10.6.1 Below 25KW
10.6.2 25KW-75KW
10.6.3 Above 75KW
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 Low-frequency Induction Heating Machine Market Size Forecast by Applications
10.10.1 Heating (Hot Forging
10.10.2 Hot Fitting and Smelting)
10.10.3 Heat Treatment (Surface Quench)
10.10.4 Welding (Braze Welding
10.10.5 Silver Soldering and Brazing)
10.10.6 Annealing (Tempering and Modulation)
10.10.7 Others
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 Low-frequency Induction Heating Machine Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Low-frequency Induction Heating Machine 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 Low-frequency Induction Heating Machine Market Size Forecast by Type
11.6.1 Below 25KW
11.6.2 25KW-75KW
11.6.3 Above 75KW
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 Low-frequency Induction Heating Machine Market Size Forecast by Applications
11.10.1 Heating (Hot Forging
11.10.2 Hot Fitting and Smelting)
11.10.3 Heat Treatment (Surface Quench)
11.10.4 Welding (Braze Welding
11.10.5 Silver Soldering and Brazing)
11.10.6 Annealing (Tempering and Modulation)
11.10.7 Others
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 Low-frequency Induction Heating Machine Analysis and Forecast
12.1 Introduction
12.2 Latin America Low-frequency Induction Heating Machine 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 Low-frequency Induction Heating Machine Market Size Forecast by Type
12.6.1 Below 25KW
12.6.2 25KW-75KW
12.6.3 Above 75KW
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 Low-frequency Induction Heating Machine Market Size Forecast by Applications
12.10.1 Heating (Hot Forging
12.10.2 Hot Fitting and Smelting)
12.10.3 Heat Treatment (Surface Quench)
12.10.4 Welding (Braze Welding
12.10.5 Silver Soldering and Brazing)
12.10.6 Annealing (Tempering and Modulation)
12.10.7 Others
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) Low-frequency Induction Heating Machine Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Low-frequency Induction Heating Machine 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) Low-frequency Induction Heating Machine Market Size Forecast by Type
13.6.1 Below 25KW
13.6.2 25KW-75KW
13.6.3 Above 75KW
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) Low-frequency Induction Heating Machine Market Size Forecast by Applications
13.10.1 Heating (Hot Forging
13.10.2 Hot Fitting and Smelting)
13.10.3 Heat Treatment (Surface Quench)
13.10.4 Welding (Braze Welding
13.10.5 Silver Soldering and Brazing)
13.10.6 Annealing (Tempering and Modulation)
13.10.7 Others
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 Low-frequency Induction Heating Machine Market: Competitive Dashboard
14.2 Global Low-frequency Induction Heating Machine Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Inductotherm Group
14.3.2 EFD Induction
14.3.3 GH Group
14.3.4 Ajax Tocco
14.3.5 SPC Electronics
14.3.6 EMAG Eldec
14.3.7 President Honor Industries
14.3.8 HF ENERGY
14.3.9 Nippon Avionics Co.,Ltd.
14.3.10 Satra International
14.3.11 Shenzhen Shuangping
14.3.12 Baoding Sifang Sanyi Electric
14.3.13 Jinlai Electromechanical
14.3.14 Taizhou Hongri
14.3.15 HLQ Induction Equipment
14.3.16 Tianjin Tiangao
14.3.17 Zhangjiagang Jinda
14.3.18 Dongguan Hengxin
14.3.19 TM Induction Heating
