Global Magnetron Market Growth 2025-2031
The global Magnetron market size is predicted to grow from US$ 1523 million in 2025 to US$ 1769 million in 2031; it is expected to grow at a CAGR of 2.5% from 2025 to 2031.
A magnetron is a device that uses the interaction of a stream of electrons, guided by a magnetic field, with cavities within a block of copper to produce microwave radiation. The frequency range of the radiation depends on the size of the cavities. The devices are used in radar, and microwave ovens, where the radiation causes the molecules in food — particularly water molecules — to vibrate, leading to a rapid rise in temperature that is sufficient to cook the food.
Global magnetron key players include LG, GTOSHIBA, E2V, etc. Global top 3 manufacturers hold a share about 45%.
Asia Pacific is the largest market, with a share about 77%, followed by North America and Europe, both have a share about 20 percent.In terms of product, continuous magnetrons is the largest segment, with a share over 90%. And in terms of application, the largest application is home microwave Oven, followed by drying/heating.
LP Information, Inc. (LPI) ' newest research report, the “Magnetron Industry Forecast” looks at past sales and reviews total world Magnetron sales in 2024, providing a comprehensive analysis by region and market sector of projected Magnetron sales for 2025 through 2031. With Magnetron sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Magnetron industry.
This Insight Report provides a comprehensive analysis of the global Magnetron 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 Magnetron portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Magnetron market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Magnetron 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 Magnetron.
This report presents a comprehensive overview, market shares, and growth opportunities of Magnetron market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Continuous Magnetrons
Pulse Magnetrons
Segmentation by Application:
Drying/Heating
Medical
Radar
Industrial LINACs
Plasma
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.
LG
TOSHIBA
Samsung
E2V
Hitachi
NJR (New JRC)
Midea
Galanz
Panasonic
Dongbu Daewoo
Shuangda Electronic
L3 Harris
Kunshan Guoli
Guogang Electric
CPI (Beverly)
Key Questions Addressed in this Report
What is the 10-year outlook for the global Magnetron market?
What factors are driving Magnetron market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Magnetron market opportunities vary by end market size?
How does Magnetron break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.