PUBLISHER: QYResearch | PRODUCT CODE: 1356950
PUBLISHER: QYResearch | PRODUCT CODE: 1356950
High Frequency Induction Heating Machine is a machine used for heating an electrically conducting object by high frequency electromagnetic induction.
Due to the COVID-19 pandemic, the global High Frequency Induction Heating Machine market size is estimated to be worth US$ 348.8 million in 2022 and is forecast to a readjusted size of US$ 555.1 million by 2029 with a CAGR of 7.4% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Stationary accounting for % of the High Frequency Induction Heating Machine global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Heating segment is altered to an % CAGR throughout this forecast period.
Global high frequency induction heating machine key players include Inductotherm Group, Denki Kogyo, EFD Induction, GH Group, Ajax Tocco, etc. Global top five manufacturers hold a share over 50%. The global high frequency induction heating machine are mainly produced in North America and Europe, they occupied for a share over 35%. Asia-Pacific is the largest market, with a share about 37%, followed by Europe and North America, with share 31% and 27%, separately.
The global High Frequency Induction Heating Machine market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global High Frequency Induction Heating Machine market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.