Induction heating is the process of heating an electrically conducting object (usually a metal) by electromagnetic induction, through heat generated in the object by eddy currents. An induction heater consists of an electromagnet and an electronic oscillator that passes a high-frequency alternating current (AC) through the electromagnet. The rapidly alternating magnetic field penetrates the object, generating electric currents inside the conductor, called eddy currents. The eddy currents flowing through the resistance of the material heat it by Joule heating. In ferromagnetic (and ferrimagnetic) materials like iron, heat may also be generated by magnetic hysteresis losses. The frequency of current used depends on the object size, material type, coupling (between the work coil and the object to be heated) and the penetration depth.
This report focus on Low-frequency (below 30KHz) Induction Heating Machine.
This report contains market size and forecasts of Low-frequency Induction Heating Machine in global, including the following market information:
Global Low-frequency Induction Heating Machine Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Low-frequency Induction Heating Machine Market Sales, 2017-2022, 2023-2028, (Units)
Global top five Low-frequency Induction Heating Machine companies in 2021 (%)
The global Low-frequency Induction Heating Machine market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Below 25KW Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Low-frequency Induction Heating Machine include Inductotherm Group, EFD Induction, GH Group, Ajax Tocco, SPC Electronics, EMAG Eldec, President Honor Industries, HF ENERGY and Nippon Avionics Co.,Ltd., etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Low-frequency Induction Heating Machine manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Low-frequency Induction Heating Machine Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Low-frequency Induction Heating Machine Market Segment Percentages, by Type, 2021 (%)
Below 25KW
25KW-75KW
Above 75KW
Global Low-frequency Induction Heating Machine Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Low-frequency Induction Heating Machine Market Segment Percentages, by Application, 2021 (%)
Heating (Hot Forging, Hot Fitting and Smelting)
Heat Treatment (Surface Quench)
Welding (Braze Welding, Silver Soldering and Brazing)
Annealing (Tempering and Modulation)
Others
Global Low-frequency Induction Heating Machine Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Low-frequency Induction Heating Machine Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Low-frequency Induction Heating Machine revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Low-frequency Induction Heating Machine revenues share in global market, 2021 (%)
Key companies Low-frequency Induction Heating Machine sales in global market, 2017-2022 (Estimated), (Units)
Key companies Low-frequency Induction Heating Machine sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Inductotherm Group
EFD Induction
GH Group
Ajax Tocco
SPC Electronics
EMAG Eldec
President Honor Industries
HF ENERGY
Nippon Avionics Co.,Ltd.
Satra International
Shenzhen Shuangping
Baoding Sifang Sanyi Electric
Jinlai Electromechanical
Taizhou Hongri
HLQ Induction Equipment
Tianjin Tiangao
Zhangjiagang Jinda
Dongguan Hengxin
TM Induction Heating