Press release
Industrial Ovens Market To Be Worth $12, 897 Million To 2023 | Analysis And Forecast By Top Key Players ASC Process Systems, Harper International, Eastman manufacturing ltd., Rowan Technologies
Industrial Ovens
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The global industrial ovens market was valued at $8, 469 million in 2016, and is projected to reach $12, 897 million in 2023, growing at a CAGR of 6.2%. The food production & processing segment generated the highest revenue in 2016, and is projected to continue to dominate the market throughout the analysis period.
Industrial batch ovens are generally used for drying/heating/baking/roasting/curing/ageing of chemicals, pharmaceuticals, food products, PVC, plastics, dyes, paints, painted equipment, PCB, paper pulp, compound, tobacco, abrasives, powder coating, asbestos, footwear, and various other products. These industrial ovens are provided with vertical hot air or cross air flow system to maintain a uniform temperature. Heat is generated by means of electric, infrared heaters, steam, thermic fluid, oil or gas fired system, and other sources.
The global industrial ovens market is segmented on the basis of product, process, heating medium, end-user industry, and geography. Based on product, the market is classified into curing, baking, drying, and reflow ovens. On the basis of process, it is bifurcated into batch and continuous. Depending on heating medium, the market is categorized into electric heat, fuel- & gas-fired, infrared heaters, and others.
The end-user industries analyzed in this study are food production & processing, chemical processing, electricals & electronics, automotive & aerospace, pharmaceuticals, and others. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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The Major Players : ASC Process Systems, Harper International, Eastman manufacturing ltd., Rowan Technologies, Wisconsin Oven Corporation., JPW Ovens & Furnaces, Davron Technologies, Grieve Corporation, JLS Ovens, Steelman Industries Inc
Ali S.p.A, Duke Manufacturing Co. Inc., The Middleby Corporation, Alto-Shaam, Inc., Edward Don & Company, Fujimak Corporation, Avantco Equipment, Hobart Corporation
KEY BENEFITS FOR STAKEHOLDERS
• The study provides an in-depth analysis of the industrial ovens market with current and future trends to elucidate the imminent investment pockets in the market.
• It presents information regarding key drivers, restraints, and opportunities with impact analysis.
• Porters Five Forces model analysis of the industry illustrates the potency of the buyers and suppliers.
• Market player positioning in the report provides a clear understanding of the position of leading companies.
KEY MARKET SEGMENTS
By Product
• Curing Ovens
• Baking Ovens
• Drying Ovens
• Reflow Ovens
• Others
By Process
• Batch
• Continuous
By Heating Medium
• Electric Heat
• Fuel- & Gas-fired
• Infrared Heaters
• Others
By End-user Industry
• Food Production & Processing
• Chemical Processing
• Electricals & Electronics
• Automotive & Aerospace
• Pharmaceuticals
• Others
By Geography
• North America
• Europe
• Asia-Pacific
• LAMEA
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