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Magnetic Induction Heating Devices Recent developments in the competitive landscape forecast 2031

02-12-2021 12:07 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Magnetic Induction Heating Devices Market

Magnetic Induction Heating Devices Market

The magnetic induction heating devices market is expected to witness a stellar growth on the backdrop of growing popularity of the technique for heating and cleaning applications in multiple industries, in particular, automotive industry.

Magnetic induction heating devices are used for a variety of applications in the automotive industry such as bonding, brazing, hardening, preheating, postheating, and straightening of various objects of automobiles including electric motors, air-conditioning systems, brake linings, fuel tank injection pipes, engine, suspension parts, and gear wheel among others.

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Apart from the aforementioned applications, magnetic induction heating devices are also used in the manufacturing of bulldozers, spacecraft, faucets and sealing plastic lids on pharmaceutical bottles. With the growing focus on the use of sustainable energy sources, use of magnetic induction heating devices is gaining traction because the heating technology is clean and require no fossil fuels.

Further, as the technology provides induction heating in the form of an invisible magnetic field, heating can be achieved without any mess or contamination of the work piece.

Magnetic Induction Heating Devices: Introduction

Now a days, induction heating technology is a choice of many domestic, medical and industrial applications owing to their advantages in heating, cleanness, and efficiency name a few more. This technology have gain much more importance as compare to traditional process such as resistance heating, flame heating, traditional ovens/furnaces.

Owing to all this factors, the demand for magnetic induction heating devices is increasing day by day. Magnetic induction is the process of heating electrically conducting object such as metals by electromagnetic induction where heat is generated through eddy currents. These heater contains electromagnet that passes high frequency AC through electromagnet.

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Induction annealing to selectively soften an area of a steel part, induction soldering/brazing as a means of joining metal components and induction hardening of steel parts and are some most common application for induction heating. In many household, induction heating have become energy efficient and useful method of cooking food.

It is considered to be one of the most efficient innovative and technologically advanced device. Also, this technology is very safe for indoor and outdoor applications.

Magnetic Induction Heating Devices: Dynamics

The growing use of induction heating in domestic as well as in medical application are spurring the demand for magnetic induction heating devices market. Moreover, industrialization in emerging economies and introduction of induction process in injection molding machines are driving demand for magnetic induction heating devices market. However, advances in key technologies of magnetic components designs are rising the demand for magnetic induction devices.

Magnetic Induction Heating Devices: Trend/ Regional Outlook

Now a days, magnetic induction heating devices are getting high demand from medical industry owing to their increasing application in medical surgical equipment. Also, with the decreasing natural resources worldwide the companies are more and more inclining towards electric equipment for better efficiency and cost.

Moreover, induction heating is particular useful where highly repetitive operations are performed and have the ability to work to heat only a small portion of a work piece where there is no need to heat whole part. Furthermore, magnetic induction heating devices are gaining popularity in domestic use such as in cooking.

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Magnetic Induction Heating Devices: Segmentation

On the basis of process, the Magnetic Induction Heating Devices can be segmented into:

Furnace
Welding
Cooking
Brazing
Sealing
Heating Treatment
Plastic processing
Others
On the basis of components, the Magnetic Induction Heating Devices can be segmented into:

Heater
Coil
Control System
Others
On the basis of power, the Magnetic Induction Heating Devices can be segmented into:

0 to 5 Kwh
5 to 10 Kwh
More than 10 kwh
Magnetic Induction Heating Devices: Market Participants

Examples of some of the market participants/vendors identified in the Magnetic Induction Heating Devices across the globe are:

Schaeffer AG
Radyne Corporation
SKF AB
CEIA S.P.A
GH Induction Atmosphere
VGK Electric
EFD Induction
Inventum Engineers Company Pvt. Ltd.
Krishna Electronics
Inductotherm Group

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