The global industrial magnetron market size reached USD 439.8 Million in 2020 and is expected to register a revenue CAGR of 8.5% during the forecast period, according to latest analysis by Emergen Research. Increasing application in radar systems to produce high-power microwave signals and rising demand for microwave heating systems for commercial and industrial uses are factors expected to support market revenue growth between 2021 and 2030.
In addition, increasing defense spending will boost revenue growth of the market. Industrial magnetrons are used in different types of radar systems such as detection/search radars, targeting radars, instrumentation radars, weather-sensing radars, and navigational radars. Detection and tracking of enemy locations are major challenges for military units, and better navigation and tracking system is needed to resolve this challenge.
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Different military forces use radar systems in order to track and detect Moving Target Indications (MTIs), weapon locations, vehicle searches, missile controls, ground surveillance, and fire control, among others. In addition, industrial magnetrons used in radar systems make the device highly efficient for generating high power electromagnetic waves that feed the power stage of the radar transmitter, helping in accurate detection of enemy location.
Furthermore, governments of various countries are investing in modern radar systems with high-quality industrial magnetrons in order to track enemy activity and maintain surveillance on border areas and maritime belts coastal areas. Moreover, governments of different countries are also investing in the installation of high-tech radars equipped with sophisticated industrial magnetrons in airports in order to control air traffic and provide safe routes for aircrafts to avoid mid-air collisions.
Global Industrial Magnetron Market Research Report and Forecast to 2030 is an investigative report providing an extensive study of the global Industrial Magnetron Market with regards to market size, market share, current and emerging trends, and latest technological developments. The report also sheds light on the competitive landscape of the Industrial Magnetron Market on the global and regional scale, along with a thorough forecast estimation to 2020. The new report is updated with the impact of the COVID-19 pandemic on the Industrial Magnetron Market.
Key participants include Panasonic Corporation, LG Electronics, Inc., L3 Harris Technologies, Inc., Hitachi Power Solutions Co., Ltd., Guoguang Electric Co. Ltd., Richardson Electronics Ltd., Toshiba Hokuto Electronics Corporation, MUEGGE GmbH, Fricke und Mallah Microwave Technology GmbH, and Western Electric Co., Inc.
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Emergen Research has segmented the global industrial magnetron market on the basis of product type, cooling type, operating frequency, application, and region:
Product Type Outlook (Revenue, USD Million; 2018–2030)
Cooling Type Outlook (Revenue, USD Million; 2018–2030)
Operating Frequency Outlook (Revenue, USD Million; 2018–2030)
Ku Ka Band
Application Outlook (Revenue, USD Million; 2018–2030)
Industrial Heating Equipment
Regional Bifurcation of the Industrial Magnetron Market Includes:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Highlights of Table of Contents (TOC):
Overview of Global Industrial Magnetron Market
Competitive analysis of the Industrial Magnetron market
Regional analysis of Global Industrial Magnetron market production and revenue
Regional analysis of Global Industrial Magnetron market supply, consumption, and export import
Type-based market analysis of global Industrial Magnetron production, revenue, and price trends
Application-based analysis of the global Industrial Magnetron market
Manufacturer profiles, manufacturing cost, and upstream and downstream analysis of global Industrial Magnetron market
Global Industrial Magnetron market forecast (2022-2030)
Conclusion of the research report
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