Market Overview:
The global infrared curing oven market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into capacity 0-100 kg, capacity 100-500 kg, and other segments. Capacity 0-100 kg segment held a major share in 2017 and is expected to dominate the market during the forecast period owing to its low cost and easy installation. However, capacity 100-500 kg segment is projected to grow at a higher CAGR owing to its high performance and efficiency as compared with other segments.
Product Definition:
An infrared curing oven is a device that uses infrared radiation to cure or dry adhesives, coatings, and inks. Infrared radiation is electromagnetic radiation with a wavelength longer than that of visible light. It is often used to cure products because it can penetrate deep into the product and cause rapid evaporation of any moisture or solvents present. This results in a quick, even cure with no bubbles or other defects.
Capacity 0-100KG:
Capacity 0-100KG, it's usage and growth factor in Infrared Curing Oven market? Capacity is the measure of weight or mass of material that can be placed in a container with specific dimensions. For example, a 20-gallon drums holds 64 pounds while a 55-gallon drum holds 130 pounds.
Capacity 100-500KG:
Capacity 100-500KG is a weight range commonly used for industrial applications. Capacitys above 1MT are usually handled by hand held scales or electronic weighing machines. The weight below 100KG is generally used for agricultural and similar light industrial applications.
The global infrared curing oven market size was valued at USD 6,788 million in 2018 and expected to grow at a CAGR of XX% from 2019 to 2025.
Application Insights:
The manufacturing industry dominated the global infrared curing oven market, accounting for a share of over 40.0% in 2017. The growth can be attributed to the increasing demand for precision-made components and machinery in various industries such as automotive, aerospace and defense, medical devices and equipment, etc. In addition, growing investments by governments to develop infrastructure on account of industrialization programs are expected to drive the product demand over the forecast period.
Infrared technology provides uniform heating throughout parts/assemblies which increases efficiency when compared with other curing methods such as electric resistance or flame welding processes used before infrared technology was introduced in manufacturing industry applications worldwide.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising demand for high-quality products from various end-use industries such as medical, food & beverage, pharmaceuticals, etc. In addition, increasing foreign investments coupled with favorable government policies are anticipated to drive the regional market further. For instance, Infrared Technology Center (ITC) was established in Japan in 1970s and it has been offering a wide range of services related to infrared technology since then. ITC has collaborated with many companies such as Toyota Industries Corporation and Mitsubishi Electric Factory Automation Systems Ltd.
North America accounted for a significant share owing to growing adoption by several major players operating within this region along with continuous R&D activities undertaken by industry participants towards product development Infrared Technology Center (ITC), Tokyo; Japan).
Growth Factors:
- Increasing demand for fast and efficient curing of adhesives, coatings, and other materials
- Growing popularity of infrared ovens among small businesses and consumers
- Advances in infrared technology that improve performance and efficiency
- Increased awareness of the benefits of infrared curing ovens among manufacturers and consumers
- Reduction in the cost of infrared ovens as more businesses adopt the technology
Scope Of The Report
Report Attributes
Report Details
Report Title
Infrared Curing Oven Market Research Report
By Type
Capacity 0-100KG, Capacity 100-500KG, Other
By Application
Manufacturing Industry, Food Industry, Laboratory, Other
By Companies
Infrared Heating Technologies, Catalytic Industrial Systems, Trimac Industrial Systems, Blasdel Enterprises, Kerone, Litel Infrared Systems Private Limited., Grieve Corporation, Niagara Systems, JPW Industrial Ovens & Furnaces, Wisconsin Oven Corporation, Thermal Product Solutions (TPS)
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Infrared Curing Oven Market Report Segments:
The global Infrared Curing Oven market is segmented on the basis of:
Types
Capacity 0-100KG, Capacity 100-500KG, Other
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
Manufacturing Industry, Food Industry, Laboratory, 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:
- Infrared Heating Technologies
- Catalytic Industrial Systems
- Trimac Industrial Systems
- Blasdel Enterprises
- Kerone
- Litel Infrared Systems Private Limited.
- Grieve Corporation
- Niagara Systems
- JPW Industrial Ovens & Furnaces
- Wisconsin Oven Corporation
- Thermal Product Solutions (TPS)
Highlights of The Infrared Curing 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:
- Capacity 0-100KG
- Capacity 100-500KG
- Other
- By Application:
- Manufacturing Industry
- Food Industry
- Laboratory
- 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 Infrared Curing 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.
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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 infrared curing oven is a type of oven that uses infrared radiation to heat the air inside the oven. This heat causes moisture in the air to evaporate, which in turn cures or hardens the object being baked.
Some of the major players in the infrared curing oven market are Infrared Heating Technologies, Catalytic Industrial Systems, Trimac Industrial Systems, Blasdel Enterprises, Kerone, Litel Infrared Systems Private Limited., Grieve Corporation, Niagara Systems, JPW Industrial Ovens & Furnaces, Wisconsin Oven Corporation, Thermal Product Solutions (TPS).
The infrared curing oven market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Infrared Curing Oven 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. Infrared Curing Oven Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Infrared Curing Oven Market - Supply Chain
4.5. Global Infrared Curing Oven Market Forecast
4.5.1. Infrared Curing Oven Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Infrared Curing Oven Market Size (000 Units) and Y-o-Y Growth
4.5.3. Infrared Curing Oven Market Absolute $ Opportunity
5. Global Infrared Curing Oven 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. Infrared Curing Oven Market Size and Volume Forecast by Type
5.3.1. Capacity 0-100KG
5.3.2. Capacity 100-500KG
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Infrared Curing Oven 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. Infrared Curing Oven Market Size and Volume Forecast by Application
6.3.1. Manufacturing Industry
6.3.2. Food Industry
6.3.3. Laboratory
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Infrared Curing Oven 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. Infrared Curing Oven 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 Infrared Curing Oven 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. Infrared Curing Oven 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 Infrared Curing Oven Demand Share Forecast, 2019-2026
9. North America Infrared Curing Oven 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 Infrared Curing Oven 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 Infrared Curing Oven Market Size and Volume Forecast by Application
9.4.1. Manufacturing Industry
9.4.2. Food Industry
9.4.3. Laboratory
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 Infrared Curing Oven Market Size and Volume Forecast by Type
9.7.1. Capacity 0-100KG
9.7.2. Capacity 100-500KG
9.7.3. Other
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 Infrared Curing Oven Demand Share Forecast, 2019-2026
10. Latin America Infrared Curing Oven 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 Infrared Curing Oven 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 Infrared Curing Oven Market Size and Volume Forecast by Application
10.4.1. Manufacturing Industry
10.4.2. Food Industry
10.4.3. Laboratory
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 Infrared Curing Oven Market Size and Volume Forecast by Type
10.7.1. Capacity 0-100KG
10.7.2. Capacity 100-500KG
10.7.3. Other
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 Infrared Curing Oven Demand Share Forecast, 2019-2026
11. Europe Infrared Curing Oven 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 Infrared Curing Oven 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 Infrared Curing Oven Market Size and Volume Forecast by Application
11.4.1. Manufacturing Industry
11.4.2. Food Industry
11.4.3. Laboratory
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 Infrared Curing Oven Market Size and Volume Forecast by Type
11.7.1. Capacity 0-100KG
11.7.2. Capacity 100-500KG
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractieness/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 Infrared Curing Oven Demand Share, 2019-2026
12. Asia Pacific Infrared Curing Oven 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 Infrared Curing Oven 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 Infrared Curing Oven Market Size and Volume Forecast by Application
12.4.1. Manufacturing Industry
12.4.2. Food Industry
12.4.3. Laboratory
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 Infrared Curing Oven Market Size and Volume Forecast by Type
12.7.1. Capacity 0-100KG
12.7.2. Capacity 100-500KG
12.7.3. Other
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 Infrared Curing Oven Demand Share, 2019-2026
13. Middle East & Africa Infrared Curing Oven 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 Infrared Curing Oven 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 Infrared Curing Oven Market Size and Volume Forecast by Application
13.4.1. Manufacturing Industry
13.4.2. Food Industry
13.4.3. Laboratory
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 Infrared Curing Oven Market Size and Volume Forecast by Type
13.7.1. Capacity 0-100KG
13.7.2. Capacity 100-500KG
13.7.3. Other
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 Infrared Curing Oven Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Infrared Curing Oven Market: Market Share Analysis
14.2. Infrared Curing Oven Distributors and Customers
14.3. Infrared Curing Oven Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Infrared Heating Technologies
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Catalytic Industrial Systems
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Trimac Industrial Systems
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Blasdel Enterprises
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Kerone
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Litel Infrared Systems Private Limited.
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Grieve Corporation
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Niagara Systems
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. JPW Industrial Ovens & Furnaces
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Wisconsin Oven Corporation
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Thermal Product Solutions (TPS)
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
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
