U.S. markets open in 4 hours 17 minutes

  • S&P Futures

    4,272.75
    +21.50 (+0.51%)
     

  • Dow Futures

    34,051.00
    +212.00 (+0.63%)
     

  • Nasdaq Futures

    14,611.75
    +71.00 (+0.49%)
     

  • Russell 2000 Futures

    2,147.30
    +20.40 (+0.96%)
     

  • Crude Oil

    66.50
    +0.08 (+0.12%)
     

  • Gold

    1,814.30
    +5.10 (+0.28%)
     

  • Silver

    25.17
    +0.02 (+0.08%)
     

  • EUR/USD

    1.1795
    -0.0010 (-0.08%)
     

  • 10-Yr Bond

    1.1810
    0.0000 (0.00%)
     

  • Vix

    20.99
    +2.54 (+13.77%)
     

  • GBP/USD

    1.3668
    -0.0008 (-0.06%)
     

  • USD/JPY

    109.5920
    +0.1240 (+0.11%)
     

  • BTC-USD

    29,690.92
    -1,821.93 (-5.78%)
     

  • CMC Crypto 200

    703.74
    -54.29 (-7.16%)
     

  • FTSE 100

    6,893.44
    +49.05 (+0.72%)
     

  • Nikkei 225

    27,388.16
    -264.58 (-0.96%)
     

The global industrial magnetron market is expected to reach $553.4 million by 2026, with a CAGR of 3.60% during the forecast period 2021-2026

ReportLinker
·2 min read

The growth in the market is expected to be driven by the increasing demand for microwaves for commercial and industrial usage. Additionally, in recent years there has been an increase in defense expenditure in various countries which will further boost the demand for magnetrons in applications such as Radio detecting and ranging (RADAR).

New York, July 20, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Industrial Magnetron Market - Global and Regional Analysis: Focus on Product Type, Application, and Countries - Analysis and Forecast, 2021-2026" - https://www.reportlinker.com/p06105021/?utm_source=GNW


Market Segmentation

Global Industrial Magnetron Market by Application

Heating and drying is expected to be the largest application segment of industrial magnetron. It is one of the main applications of magnetron as many industries such as food processing, chemical, lumber, rubber, and medical have been using microwaves for heating and drying application for years.

Global Industrial Magnetron Market by Type

The global industrial magnetron market by type category is dominated by magnetron with an output of over 1 KW – under 2 KW. Most of the magnetron providers offer products under the mentioned category.

Global Industrial Magnetron Market by Region

APAC generated the highest revenue of $165.30 million in 2020, attributed to the presence of leading industrial and commercial microwave manufacturers. Also, the region has some of the leading food processing and semiconductor manufacturers.

Key Market Players and Competition Synopsis

Some of the key players operating in the market include LG Electronics, Toshiba Hokuto Electronics Corporation, Richardson Electronics, Hitachi Power Solutions, Panasonic Corporation, Wave Power Technology, Guoguang Electric Co. Ltd., Insight Product Company, Advanced Environmental Technologies Limited, L3 Harris Technologies, Guangzhou Daeyean Trading Company, CobberMuegge LLC, MICRO-ACTIV COMPONENTS, Fricke und Mallah Microwave Technology, and Western Electric

The companies that are profiled in the report have been selected from a selective pool of players, based on various factors such as product portfolio, annual revenues, market penetration, research, and development initiatives, along with a domestic and international presence in the industrial magnetron industry.

Countries Covered
• North America
• Europe
• Germany
• France
• Spain
• Italy
• U.K.
• Rest of Europe
• China
• Asia-Pacific
• Japan
• South Korea
• India
• Taiwan
• Rest-of-APAC
Read the full report: https://www.reportlinker.com/p06105021/?utm_source=GNW

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

__________________________

CONTACT: Clare: clare@reportlinker.com US: (339)-368-6001 Intl: +1 339-368-6001


Recommended Stories

  • IBM releases Q2 results, beating on both top and bottom lines

    IBM released its second quarter earnings report after hours on Monday. The company beat on both top and bottom lines, with cloud demand helping to lift sales during the quarter. Yahoo Finance’s Seana Smith breaks down the tech company’s earnings report.

  • NVIDIA Rips Higher Into Stock Split. Former NYSE Trader Says Buy It.

    Veteran trader David Green pointed out the strength of NVIDIA Corporation (NASDAQ: NVDA) Monday morning. The stock opened $10 lower on Monday morning but quickly ripped higher by 6% in the first 90 minutes of trading. The stock will undergo a 4-for-1 stock split Tuesday morning. David Green, host of Live Trading With David Green on Benzinga, pointed out the strong trend in NVIDIA's stock on Monday's show. “I want to be long NVIDIA,” Green said. “We will get a lot of action once we have earnings

  • ‘It’s not a month to be a hero,’ warns stock-market strategist Tom Lee, after Dow logs worst day of 2021

    Thomas Lee, founder of Fundstrat Global Advisors, has a word of advice for investors hoping to buy the dip after Monday's selloff.

  • Nokia Corporation (NOK): Hedge Funds Are Snapping Up

    We know that hedge funds generate strong, risk-adjusted returns over the long run, therefore imitating the picks that they are collectively bullish on can be a profitable strategy for retail investors. With billions of dollars in assets, smart money investors have to conduct complex analyses, spend many resources and use tools that are not always […]

  • Is Nvidia Stock A Buy After Strong Post-Earnings Rally?

    Nvidia chips power a future of self-driving cars and cloud gaming, while the global semiconductor market is in a supply crunch. Is Nvidia stock a good buy now?

  • Bitcoin Slides Below $30,000 Level for the First Time in a Month

    (Bloomberg) -- A selloff in Bitcoin accelerated Tuesday, pushing it below $30,000 for the first time in about a month.The largest digital coin fell as much as 4.1% and was trading at about $29,700 as of 7 a.m. in London. Other virtual currencies also retreated, including second-ranked Ether. The Bloomberg Galaxy Crypto Index was down about 4%.Some traders had viewed $30,000 as a key support that might open the way to more losses if breached. Further big declines from here could rattle the crypto

  • The market tumbles — is this the crash Suze Orman warned about?

    While Orman sees a reckoning coming, another CNBC mainstay says this isn't it.

  • 15 Chip Stocks That Are Cheap After the Recent Tech Pullback

    Investors seem to be hesitant about chip stocks even though Taiwan Semiconductor Manufacturing expects the shortage to last into 2022.

  • Why Energy Stocks Like ExxonMobil, Phillips 66, and Enterprise Products Partners Fell Today

    As of roughly 2 p.m. EDT Monday, shares of diversified energy giant ExxonMobil (NYSE: XOM) had fallen by as much as 5%. Exploration and production giant ConocoPhillips (NYSE: COP) was down by about the same percentage, while relatively tiny Matador Resources (NYSE: MTDR) was off by roughly 10%. Downstream-focused Phillips 66 (NYSE: PSX), which refines oil, also dropped as much as 5%.

  • COVID-19 cases may cause an S&P 500 correction, analyst says. Buy these stocks in the next dip.

    It’s a rough start to the week for markets. Stocks sold off in Asia and Europe, with Dow industrials futures tumbling more than 300 points to set the tone for a turbulent day ahead.

  • 3 No-Brainer Warren Buffett Stocks to Buy Right Now

    Warren Buffett doesn't always beat the market. Investors don't have to scratch their heads in consternation about how Buffett makes his money. Here are three no-brainer Buffett stocks to buy right now.

  • Why did the Dow tumble Monday? Economic growth is now a bigger worry than inflation.

    The Dow falls over 700 points Monday as stock-market investors take a clue from the bond market and start worrying about growth.

  • Moderna Stock Hits Record High As Covid Vaccine Heads To India — Is It A Buy Right Now?

    Moderna has emerged as a strong competitor after getting authorization for a coronavirus vaccine. But Moderna stock remains on a wild ride. Is Moderna stock a buy now?

  • Five Best Chinese Stocks To Buy And Watch Now

    Hundreds of Chinese companies trade in the U.S., but which China stocks should you consider? Here are the best Chinese stocks to buy and watch.

  • Best Dividend Stocks For 2021: Five Strong-Yield Stocks Beating The S&P 500

    The best dividend stocks give a powerful boost to income and retirement portfolios. These stocks offer both solid yields and strong performance.

  • Why Plug Power's Stock Is Plunging Today

    Sinking nearly 12% last week, shares of Plug Power (NASDAQ: PLUG) have continued tumbling on Monday, falling as much as 4.8% while the S&P 500 is down 1.7% as of 10:45 a.m. EDT. With Plug Power sharing no news of its own this morning, the stock's decline is likely a reflection of investors' concerns that competition in the hydrogen industry is ramping up as industry stalwarts and an upstart are gaining momentum. Recognizing the global interest in the hydrogen economy, both energy and industrial titans are endeavoring to grab market share.

  • Is Taiwan Semiconductor Manufacturing Co. (TSM) A Smart Long-Term Buy?

    Wedgewood Partners, an investment management firm, published its second quarter 2021 investor letter – a copy of which can be downloaded here. A quarterly portfolio return of 11.8% was recorded by the fund for the first half of 2021, outperforming the S&P 500 that delivered an 8.6% return for the same period, but slightly below the […]

  • U.S. oil drops as OPEC plans to boost production

    Randy Giveans, SVP of Maritime Shipping Equity Research, Jefferies, joins Yahoo Finance to break down the outlook of the energy market and gas prices.

  • 10 Marijuana Stocks Reddit is Buying Amid New Federal Marijuana Legalization Bill

    In this article, we discuss the 10 marijuana stocks Reddit is buying amid new federal marijuana legalization bill. If you want to skip our detailed analysis of these stocks, go directly to the 5 Marijuana Stocks Reddit is Buying Amid New Federal Marijuana Legalization Bill. Three lawmakers from the Democratic Party in the United States […]

  • Why Quidel Soared by Almost 8% on Monday

    Shares of Quidel (NASDAQ: QDEL), a manufacturer of diagnostic products, ended Monday up nearly 8%. As Quidel's fortunes are closely tied to its COVID-19 testing kits, the stock frequently rises or sinks in response to developments in the coronavirus pandemic. Quidel announced that it is partnering with the state of Delaware to provide a COVID-19 testing program throughout its schools.