According to a market report by Lucintel, the future of the global induction heating system market looks promising with opportunities in the industrial processing and semiconductor industry. The global induction heating system market is expected to grow with a CAGR of 5.2% from 2026 to 2032. The major drivers for this market are growing focus on implementing energy-efficient technologies and the trend away from fossil fuels and toward renewable energy sources, increasing digitization and automation in the manufacturing industry, as well as, improvements in technology and continuous R&D to raise the effectiveness and performance of induction heating systems.
A more
than 150-page report to understand trends, opportunity and forecast in global
induction heating system market to 2032 by type (portable type and benchtop
type), application (industrial processing, semiconductor industry, and others),
and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel
forecasts that, within the type category, portable type is expected to witness
a higher growth over the forecast period because it is made to be used in a
variety of settings and be readily transportable, and they have versatile and
practical uses and are small and light.
Within the
application category, industrial processing is expected to witness a higher
growth because the system contributes to increased productivity, lower energy
use, and a higher-quality products.
Download
sample by clicking on induction
heating system market.
APAC is
expected to witness highest growth over the forecast period due to strict
government regulations to implement modern heating systems and reduce carbon
gas emissions, as well as, large-scale public and private sector investments in
the oil and gas and power generation industries to boost industrial production.
Inductotherm,
Denki Kogyo, ENRX, GH, Ajax Tocco, Eldec Induction, SKF, Timken, Spc
Electronics, Ambrell are the major suppliers
in the induction heating system
market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com to get
access of more than 1000 reports at fraction of cost visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal, ZACKS,
and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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