Global Induction Heating Power Supplies Market Growth 2025-2031

The global Induction Heating Power Supplies market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

Induction heating is the process of heating an electrically conducting object (usually a metal) by electromagnetic induction, through heat generated in the object by eddy currents (also called Foucault currents). An induction heater consists of an electromagnet, and an electronic oscillator that passes a high-frequency alternating current power supply (AC) through the electromagnet. The rapidly alternating magnetic field penetrates the object, generating electric currents inside the conductor called eddy currents. The eddy currents flowing through the resistance of the material heat it by Joule heating. The frequency of current used depends on the object size, material type, coupling (between the work coil and the object to be heated) and the penetration depth.

An important feature of the induction heating process is that the heat is generated inside the object itself, instead of by an external heat source via heat conduction. Thus objects can be heated very rapidly. In addition there need not be any external contact, which can be important where contamination is an issue. Induction heating is used in many industrial processes, such as heat treatment in metallurgy, Czochralski crystal growth and zone refining used in the semiconductor industry, and to meltrefractory metals which require very high temperatures.

United States market for Induction Heating Power Supplies is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Induction Heating Power Supplies is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Induction Heating Power Supplies is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Induction Heating Power Supplies players cover EFD Induction, UltraFlex Power, Ambrell, Amelt Corporation, eldec Induction GmbH, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “Induction Heating Power Supplies Industry Forecast” looks at past sales and reviews total world Induction Heating Power Supplies sales in 2024, providing a comprehensive analysis by region and market sector of projected Induction Heating Power Supplies sales for 2025 through 2031. With Induction Heating Power Supplies sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Induction Heating Power Supplies industry.

This Insight Report provides a comprehensive analysis of the global Induction Heating Power Supplies landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Induction Heating Power Supplies portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Induction Heating Power Supplies market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Induction Heating Power Supplies and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Induction Heating Power Supplies.

This report presents a comprehensive overview, market shares, and growth opportunities of Induction Heating Power Supplies market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
IF Induction Power Supplies
High Frequency Induction Power Supplies
Ultra High Frequency Induction Power Supplies

Segmentation by Application:
Industrial
Semiconductor
Automotive
Hardware Industry
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
EFD Induction
UltraFlex Power
Ambrell
Amelt Corporation
eldec Induction GmbH
Radyne Corporation
Power Parts Inc
Inductoheat, Inc
Norax Canada Inc
Green Power Co., Ltd
INDUCTOTHERM GROUP
Keegor Group
Dalian Powtran
Shiyan Heatking Induction Technology
Zhengzhou Kechuang
GH INDUCTION
Hangzhou Firstack
IVET S.R.L.
Zhengzhou Huayun
Beijing Sifang Automation
Electrotherm

Key Questions Addressed in this Report

What is the 10-year outlook for the global Induction Heating Power Supplies market?

What factors are driving Induction Heating Power Supplies market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Induction Heating Power Supplies market opportunities vary by end market size?

How does Induction Heating Power Supplies break out by Type, by Application?

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