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Induction Heating System Market Share
- Report ID: GMI5642
- Published Date: May 2023
- Report Format: PDF
Induction Heating System Market Share
The major players operating in the induction heating system industry include:
- Fuji Electric Co
- Heatrotherm
- Interpower Induction
- RADYNE
- Thermo International
- Ultraflex Power Technologies
- Electrotherm
- Microtech Inductions
- Ambrell
- C-Tech Innovation
- EFD Induction
- Lu-Chiuan Heating Elements Ind
- TM Induction Heating
- ACME (Advanced Corporation for Materials & Equipments)
- Chengdu Jinkezhi Electronic
- KBG INDUCTION, Inductotherm (India)
- Abhay Induction Tech
- Inductotherm Group Japan
- Kitashiba Electric
- Neturen
- Uchino Co.
- Da-ichi Kiden
- Schaeffler (Singapore) Pte. Ltd
- ITW Welding Singapore Pte
- Solidheat Industries Pte
- Rapid-Heat Systems
- Inductotherm Industries (Shanghai).
Frequently Asked Questions (FAQ) :
The market size of induction heating system exceeded USD 1.9 billion in 2023 and is projected to expand at 4.8% CAGR from 2024 to 2032, attributed to the flourishing automotive industry globally.
The stationary induction heating system market size is slated witness 4.5% growth rate during 2023-2032, driven by the increasing inclination toward renewable and clean energy technologies.
The induction heating system market revenue from the power generation application is estimated to amass USD 700 million by 2032, owing to the growing environmental concerns and an increased emphasis on reducing production costs of power generation equipment.
Notable players in the induction heating system business landscape are Fuji Electric Co., Heatrotherm, Interpower Induction, RADYNE, Thermo International, Ultraflex Power Technologies, Electrotherm, Microtech Inductions, Ambrell, C-Tech Innovation, EFD Induction, Lu-Chiuan Heating Elements Ind, and others.
Induction Heating System Market Scope
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