SAN FRANCISCO, February 12, 2018
SAN FRANCISCO, February 12, 2018 /PRNewswire/ --
The global industrial microwave heating equipment market size is expected to reach USD 1.4 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 5.6% during the forecast period. Increasing adoption of magnetrons and RF solid state amplifiers in various end-use industries such as food, paper, plastic, and wood and derivatives is anticipated to positively affect market growth. These high-efficiency products are poised to witness significant rise in demand in the coming years owing to their long operating life, low maintenance requirements, and low power consumption.
Surging demand for RF solid state amplifiers is estimated to drive the overall market. They are likely to replace magnetrons over the forecast period due to benefits they offer, such as enhanced operating life, high precision output power control, frequency tuning, and fast frequency hopping. Moreover, the product has undergone several technological advancements over the past few years, which has led to its increased demand.
The industrial microwave heating equipment market is projected to witness remarkable growth over the forecast period owing to rising adoption of the equipment in varied applications across different end-use industries. Some of the applications include drying coated paper and/or synthetic paper, drying chemicals and pigments, puffing and vacuum drying, and rubber curing and tire pre-heating.
Furthermore, growing government regulations pertaining to safe usage of industrial microwave heating equipment continue to be one of the key growth stimulators for the market. Governments have established standards for maximum permissible emissions as well as equipment design and operation. For instance, the Federal Communications Commission (FCC) has assigned frequencies for microwave food processing.
Browse full research report with TOC on "Industrial Microwave Heating Equipment Market Size, Share & Trend Analysis Report By Equipment (Magnetron, RF Solid State Amplifier), By End Use (Food, Paper, Wood & Derivatives, Plastic, Chemical), And Segment Forecasts, 2014 - 2025" at: https://www.grandviewresearch.com/industry-analysis/industrial-microwave-heating-equipment-market
Further Key Findings From the Report Suggest:
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Grand View Research has segmented the global industrial microwave heating equipment market based on equipment, end use, and region:
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About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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