Market Overview:
Medium Frequency Induction Heaters Market is expected to register a CAGR of 5.8% during the forecast period (2018-2030). Medium frequency induction heaters are used to heat metals and alloys for various industrial applications. These devices are available in different power ratings, which helps in catering to the specific needs of various industries. The market is segmented on the basis of type, application and region. On the basis of type, medium frequency induction heaters are classified into no more than 1 kW, 1 kW-20 kW and more than 20 kW segments. Among these, no more than 1kW segment is expected to account for a major share in terms of revenue during the forecast period owing to its low power rating as compared with other types segments.
Product Definition:
Medium Frequency Induction Heaters are devices that use electric current to produce heat. They are often used in industrial applications to heat metal objects. The heat produced by the induction heater is more uniform than the heat produced by other methods, such as gas torches, and can be controlled more easily. This makes it an ideal tool for heating large objects or parts that need a precise temperature.
No More Than 1KW:
No more than 1KW (1,000W) is the maximum power that can be safely employed in a medium frequency induction heater. It is also known as the MW factor or MP Factor. The higher the number, generally means less power and better efficiency for medium frequency induction heaters.
The MW factor mainly depends on two factors: core material and temperature of magnetic field creation device (BDC).
1KW-20KW:
The 1KW-20KW is a medium frequency induction heater which is used for heating the water in medium frequency range. It operates at an average temperature of 100oC and has an input power rating of 20KW. The product can be used with electric heating systems, steam turbine based, gas turbines based or oil & gas turbines based systems.
Application Insights:
The market is segmented on the basis of application into industrial, food & beverage, and other applications. The other applications include energy generation and medical uses. Medium frequency induction heaters are widely used in industries such as chemical, petrochemical, oil & gas refineries among others to heat water for processing or to provide steam for power generation plants. They are also used in numerous food processing plants across the globe owing to their ability to maintain constant temperature without creating any fumes or smoke.
The growing demand for induction hobs in households as an alternative source of heating has been driving the product demand over recent years.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030. The increasing adoption of RF and MW heating technologies in countries, such as China, Japan, and India for industrial applications is anticipated to drive the demand for medium frequency induction heaters in this region. Furthermore, rising investments by governments in developing countries are also expected to boost the demand for induction heaters over the forecast period. For instance; In 2015 – 2016 fiscal year; Government of India invested around USD X billion on establishing new smart cities across country which include Pune (formerly known as Pimpri), Agra (formerly known as Akbarabad), Vadodara (formerly known called Baroda) among others.
Growth Factors:
- Increasing demand for medium frequency induction heaters in the automotive and aerospace industries due to their ability to quickly heat metal parts
- Growing popularity of medium frequency induction heating as a non-contact heating method for surface treatment and welding of metals
- Rising demand from the medical device industry for medium frequency induction heaters used in sterilization processes
- Increasing use of medium frequency induction heating in research and development laboratories for materials testing purposes
- Technological advancements that have led to the development of more efficient and compact medium frequency induction heaters
Scope Of The Report
Report Attributes
Report Details
Report Title
Medium Frequency Induction Heaters Market Research Report
By Type
No More Than 1KW, 1KW-20KW, More Than 20KW
By Application
Industrial, Food & Beverage, Experiment
By Companies
Shenzhen double-Power Technology Co., Ltd., Satra International Pvt. Ltd., Nippon Avionics Co., Ltd., Across International, MTI Corporation, HAIRUITUO, Hagoromo Electric Corporation, YUELON, President honor Industries Co.,Ltd., SPC ELECTRONICS CORPORATION, Hong Kong Dongda Co., 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
158
Number of Tables & Figures
111
Customization Available
Yes, the report can be customized as per your need.
Global Medium Frequency Induction Heaters Market Report Segments:
The global Medium Frequency Induction Heaters market is segmented on the basis of:
Types
No More Than 1KW, 1KW-20KW, More Than 20KW
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, Food & Beverage, Experiment
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:
- Shenzhen double-Power Technology Co., Ltd.
- Satra International Pvt. Ltd.
- Nippon Avionics Co., Ltd.
- Across International
- MTI Corporation
- HAIRUITUO
- Hagoromo Electric Corporation
- YUELON
- President honor Industries Co.,Ltd.
- SPC ELECTRONICS CORPORATION
- Hong Kong Dongda Co., Ltd
Highlights of The Medium Frequency Induction Heaters 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:
- No More Than 1KW
- 1KW-20KW
- More Than 20KW
- By Application:
- Industrial
- Food & Beverage
- Experiment
- 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 Medium Frequency Induction Heaters 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?
Medium frequency induction heaters are used to produce warmth by using an electric current to heat up a metal coil. The coil is wrapped around a stationary object, such as a pipe or tank, and the current passes through the metal coils to create heat.
Some of the major companies in the medium frequency induction heaters market are Shenzhen double-Power Technology Co., Ltd., Satra International Pvt. Ltd., Nippon Avionics Co., Ltd., Across International, MTI Corporation, HAIRUITUO, Hagoromo Electric Corporation, YUELON, President honor Industries Co.,Ltd., SPC ELECTRONICS CORPORATION, Hong Kong Dongda Co., Ltd.
The medium frequency induction heaters market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Medium Frequency Induction Heaters 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 Medium Frequency Induction Heaters Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Medium Frequency Induction Heaters 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 Medium Frequency Induction Heaters 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 Medium Frequency Induction Heaters Market Size & Forecast, 2020-2028
4.5.1 Medium Frequency Induction Heaters Market Size and Y-o-Y Growth
4.5.2 Medium Frequency Induction Heaters Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 No More Than 1KW
5.2.2 1KW-20KW
5.2.3 More Than 20KW
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Food & Beverage
6.2.3 Experiment
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Medium Frequency Induction Heaters 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 Medium Frequency Induction Heaters 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 No More Than 1KW
9.6.2 1KW-20KW
9.6.3 More Than 20KW
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 Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Food & Beverage
9.10.3 Experiment
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 No More Than 1KW
10.6.2 1KW-20KW
10.6.3 More Than 20KW
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 Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Food & Beverage
10.10.3 Experiment
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 No More Than 1KW
11.6.2 1KW-20KW
11.6.3 More Than 20KW
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 Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Food & Beverage
11.10.3 Experiment
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 No More Than 1KW
12.6.2 1KW-20KW
12.6.3 More Than 20KW
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 Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Food & Beverage
12.10.3 Experiment
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 No More Than 1KW
13.6.2 1KW-20KW
13.6.3 More Than 20KW
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) Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Food & Beverage
13.10.3 Experiment
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 Medium Frequency Induction Heaters Market: Competitive Dashboard
14.2 Global Medium Frequency Induction Heaters Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Shenzhen double-Power Technology Co., Ltd.
14.3.2 Satra International Pvt. Ltd.
14.3.3 Nippon Avionics Co., Ltd.
14.3.4 Across International
14.3.5 MTI Corporation
14.3.6 HAIRUITUO
14.3.7 Hagoromo Electric Corporation
14.3.8 YUELON
14.3.9 President honor Industries Co.,Ltd.
14.3.10 SPC ELECTRONICS CORPORATION
14.3.11 Hong Kong Dongda Co., Ltd
