The global industrial induction heater market is expected to grow at a CAGR of 6.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for energy-efficient heating solutions in various industries such as chemical industry, electrical, and packaging industry. The growing need for energy-efficient heating solutions is due to the rising cost of electricity and fossil fuels. Moreover, induction heaters are more efficient than other types of heaters because they use less power and generate less heat which reduces the risk of fire accidents. The global industrial induction heater market by type is segmented into portable type and heavy duty/stationary type. The heavy duty/stationary type segment accounted for a larger share in 2018 owing to its higher efficiency levels as compared with portable types which are used only when required or when there is no access to electricity supply or gas supply. However, with technological advancements in portable types such as battery operated models that can be used without any external power source; this segment will witness significant growth over the forecast period owing to their ease of use and portability features that make them suitable for various applications including construction sites where there may not be an electric supply available on site or where it may not be feasible or safe enough to run cables from an external source such as a generator set up outside the building site area. The global industrial induction heater market by application includes chemical industry, electrical, packaging industry among others which accounted for a larger share in 2018 owing mainly due its high demand across these sectors globally coupled with their high adoption rates across these sectors globally coupled with their high adoption rates across these sectors globally coupled with their high adoption rates across these sectors globally coupled with their high adoption rates across these sectors globally coupled with their high adoption rates across these sectors globally coupled with their high adoption rates across these sectors globally coupled with their high adoption rates across these sectors worldwide.
Some Of The Growth Factors Of This Market:
- The increasing demand for energy efficient heating systems.
- The need to reduce the carbon footprint of industrial processes.
- The need to reduce the cost of heating in industrial processes.
- The increasing demand for heat treatment in industries.
- Increasing use of induction heating in industry.
Industry Growth Insights published a new data on “Industrial Induction Heater Market”. The research report is titled “Industrial Induction Heater Market research by Types (Portable Type, Heavy-duty/Stationary type), By Applications (Chemical Industry, Electrical, Packaging Industry, Other), By Players/Companies SKF, Timken, Radyne Corporation, Inductoheat Europe GmbH, Ambrell, EFD a.s., BALTECH GmbH, Bega Special Tools, C.E.F.I., GH ELECTROTERMIA S.A., GYS, Miller, OLIP SYSTEMS INC, Simatec AG, SMS Elotherm GmbH, Thermatool”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Induction Heater Market Research Report
By Type
Portable Type, Heavy-duty/Stationary type
By Application
Chemical Industry, Electrical, Packaging Industry, Other
By Companies
SKF, Timken, Radyne Corporation, Inductoheat Europe GmbH, Ambrell, EFD a.s., BALTECH GmbH, Bega Special Tools, C.E.F.I., GH ELECTROTERMIA S.A., GYS, Miller, OLIP SYSTEMS INC, Simatec AG, SMS Elotherm GmbH, Thermatool
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Induction Heater Market Report Segments:
The global Industrial Induction Heater market is segmented on the basis of:
Types
Portable Type, Heavy-duty/Stationary type
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
Chemical Industry, Electrical, Packaging Industry, Other
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:
- SKF
- Timken
- Radyne Corporation
- Inductoheat Europe GmbH
- Ambrell
- EFD a.s.
- BALTECH GmbH
- Bega Special Tools
- C.E.F.I.
- GH ELECTROTERMIA S.A.
- GYS
- Miller
- OLIP SYSTEMS INC
- Simatec AG
- SMS Elotherm GmbH
- Thermatool
Highlights of The Industrial Induction Heater 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:
- Portable Type
- Heavy-duty/Stationary type
- By Application:
- Chemical Industry
- Electrical
- Packaging Industry
- Other
- 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 Industrial Induction Heater 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.
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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?
An industrial induction heater is a type of electric heating device used in factories and other industrial settings. It uses an electromagnetic field to generate heat, which can then be used to warm up objects or liquids.
Some of the major players in the industrial induction heater market are SKF, Timken, Radyne Corporation, Inductoheat Europe GmbH, Ambrell, EFD a.s., BALTECH GmbH, Bega Special Tools, C.E.F.I., GH ELECTROTERMIA S.A., GYS, Miller, OLIP SYSTEMS INC, Simatec AG, SMS Elotherm GmbH, Thermatool.
The industrial induction heater market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Industrial Induction Heater Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Industrial Induction Heater Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Industrial Induction Heater Market - Supply Chain
4.5. Global Industrial Induction Heater Market Forecast
4.5.1. Industrial Induction Heater Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Industrial Induction Heater Market Size (000 Units) and Y-o-Y Growth
4.5.3. Industrial Induction Heater Market Absolute $ Opportunity
5. Global Industrial Induction Heater Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Industrial Induction Heater Market Size and Volume Forecast by Type
5.3.1. Portable Type
5.3.2. Heavy-duty/Stationary type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Industrial Induction Heater Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Industrial Induction Heater Market Size and Volume Forecast by Application
6.3.1. Chemical Industry
6.3.2. Electrical
6.3.3. Packaging Industry
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Industrial Induction Heater Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Industrial Induction Heater Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Industrial Induction Heater Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Industrial Induction Heater Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Industrial Induction Heater Demand Share Forecast, 2019-2029
9. North America Industrial Induction Heater Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Industrial Induction Heater Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Industrial Induction Heater Market Size and Volume Forecast by Application
9.4.1. Chemical Industry
9.4.2. Electrical
9.4.3. Packaging Industry
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Industrial Induction Heater Market Size and Volume Forecast by Type
9.7.1. Portable Type
9.7.2. Heavy-duty/Stationary type
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Industrial Induction Heater Demand Share Forecast, 2019-2029
10. Latin America Industrial Induction Heater Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Industrial Induction Heater Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Industrial Induction Heater Market Size and Volume Forecast by Application
10.4.1. Chemical Industry
10.4.2. Electrical
10.4.3. Packaging Industry
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Industrial Induction Heater Market Size and Volume Forecast by Type
10.7.1. Portable Type
10.7.2. Heavy-duty/Stationary type
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Industrial Induction Heater Demand Share Forecast, 2019-2029
11. Europe Industrial Induction Heater Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Industrial Induction Heater Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Industrial Induction Heater Market Size and Volume Forecast by Application
11.4.1. Chemical Industry
11.4.2. Electrical
11.4.3. Packaging Industry
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Industrial Induction Heater Market Size and Volume Forecast by Type
11.7.1. Portable Type
11.7.2. Heavy-duty/Stationary type
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Industrial Induction Heater Demand Share, 2019-2029
12. Asia Pacific Industrial Induction Heater Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Industrial Induction Heater Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Industrial Induction Heater Market Size and Volume Forecast by Application
12.4.1. Chemical Industry
12.4.2. Electrical
12.4.3. Packaging Industry
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Industrial Induction Heater Market Size and Volume Forecast by Type
12.7.1. Portable Type
12.7.2. Heavy-duty/Stationary type
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Industrial Induction Heater Demand Share, 2019-2029
13. Middle East & Africa Industrial Induction Heater Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Industrial Induction Heater Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Industrial Induction Heater Market Size and Volume Forecast by Application
13.4.1. Chemical Industry
13.4.2. Electrical
13.4.3. Packaging Industry
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Industrial Induction Heater Market Size and Volume Forecast by Type
13.7.1. Portable Type
13.7.2. Heavy-duty/Stationary type
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Industrial Induction Heater Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Industrial Induction Heater Market: Market Share Analysis
14.2. Industrial Induction Heater Distributors and Customers
14.3. Industrial Induction Heater Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. SKF
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Timken
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Radyne Corporation
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Inductoheat Europe GmbH
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Ambrell
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. EFD a.s.
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. BALTECH GmbH
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Bega Special Tools
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. C.E.F.I.
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. GH ELECTROTERMIA S.A.
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. GYS
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Miller
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. OLIP SYSTEMS INC
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Simatec AG
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. SMS Elotherm GmbH
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Thermatool
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook