Industrial Microwave Heating Equipment Market Share, Size, Trends, Industry Analysis Report, By Equipment (RF Solid State Amplifiers and Magnetron); By Power; By Application; And By Region; Segment Forecast, 2024- 2032

Industrial Microwave Heating Equipment Market Share, Size, Trends, Industry Analysis Report, By Equipment (RF Solid State Amplifiers and Magnetron); By Power; By Application; And By Region; Segment Forecast, 2024- 2032

The global industrial microwave heating equipment market size is expected to reach USD 1,677.64 million by 2032, according to a new study by Polaris Market Research. The report “Industrial Microwave Heating Equipment Market Share, Size, Trends, Industry Analysis Report, By Equipment (RF Solid State Amplifiers and Magnetron); By Power; By Application; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Industrial microwave heating is finding widespread applications in food & beverage industry and is used for microwave food drying, pasteurization, sterilization, tempering, heating, among others. The usage of microwave equipment ensure that all these processes are ensured with high efficiency, retention of original nutritional content, and in less cost. This scenario is further driving the penetration of these equipment in the food & beverage industry.

Selecting heating, volumetric heating, rapid heating is some of the advantages that work in favor of microwave heating in food & beverage industry. Moreover, this equipment results in cleaner working conditions and require much less plant space as compared to traditional methods of heating. They can also be used in post packaging processes and have the ability to maintain texture, freshness and taste of the food. Such advantages are benefitting the segment growth.

Microwave equipment aid food & beverage manufacturers to achieve their sustainability goals as this equipment consume less energy thus resulting in low carbon footprint. Moreover, the recent trend of customization has helped food manufacturers to receive products that are best suited to their manufacturing processes and be completely compatible with their complex value chains. The global growth of the food & beverage industry coupled with all such factors is expected to benefit the demand for industrial microwave equipment for food & beverage applications.

The global COVID-19 pandemic (Coronavirus disease 2019) has underlined economic disparities in the crises of global interdependence and governance challenges. Companies investing in business, political, and financial stability, as opposed to decreasing global risks, can implement better strategies to overcome the pandemic situation.

As of May 20, 2022(GMT), according to WHO, there were more than 521 million confirmed cases of COVID-19 and more than 6 million deaths caused by the disease globally. More than 213 countries and territories have been registered cases for this disease. Many countries are economically vulnerable, while others (recognizing overlap) have poor health systems and fewer disruptions to pandemic.

The growing demand for microwave heating and introduction of RF technology has led the market growth with plenty of potential in the future. Food industry is the major end-use for these machines as microwave heating technology is used across several applications in the sector. Food tempering, drying, cooking, and baking are few of the major application in which the technology used on a large scale.

Industrial Microwave Heating Equipment Market Report Highlights

In 2023, the food & beverage segment accounted for the largest market share in the industrial microwave heating equipment. Food & beverage industries are using this equipment in processes other than manufacturing, such as post-packaging, as it reduces spillage, results in safety improvement, and eliminates the need for refrigeration. Moreover, they are much more environmentally clearer and do not require elaborate spaces, which is much needed in a food & beverage industry setup.

The magnetron segment is expected to grow at the fastest CAGR during the forecast period. In addition, the demand for the magnetron is expected to be accelerated by the challenges associated with the designing and manufacturing of the RF solid state amplifiers

In 2023, Europe dominated the largest market. Europe, initiatives to develop pilot plants using this equipment for various applications, and later rapid adoption are some of the factors that have aided market penetration in the country.

North America is expected to grow at the fastest CAGR in industrial microwave heating equipment market. The rising proliferation of the chemical sector market is expected to accelerate market growth. The chemical business is expanding across the region due to increased demand for both commodity and specialty chemicals.

The global key market players are Hitachi Power Solutions Co., Ltd, Muegge Gropu, Teledyne e2v, Industrial Microwave Systems, CoberMuegge LLC, CPI International Inc., L3Harris Technologies, Inc., Richardson Electronics, Ltd., MDP Components, STT International Limited, Panasonic Corporation, Toshiba Corporation.

Polaris Market Research has segmented the industrial microwave heating equipment market report based on equipment, power, application, and region.

Industrial Microwave Heating Equipment, Equipment Outlook (Revenue - USD Million, 2019 - 2032)

RF Solid State Amplifiers

Magnetron

Industrial Microwave Heating Equipment, Power Outlook (Revenue - USD Million, 2019 - 2032)

0 kW - 25 kW

26 kW - 50 kW

51 kW - 100 kW

More than 100 kW

Industrial Microwave Heating Equipment, Application Outlook (Revenue - USD Million, 2019 - 2032)

Pharmaceutical

Plastics & Rubber

Chemicals

Paper

Food & Beverage

Others

Industrial Microwave Heating Equipment, Regional Outlook (Revenue - USD Million, 2019 - 2032)

North America

U.S.

Canada

Europe

Germany

UK

France

Italy

Spain

Russia

Netherlands

Rest of Europe

Asia Pacific

China

India

Japan

South Korea

Indonesia

Malaysia

Australia

Rest of Asia Pacific

Latin America

Argentina

Brazil

Mexico

Rest of Latin America

Middle East & Africa

UAE

Saudi Arabia

Israel

South Africa

Rest of Middle East & Africa