Industrial Magnetron Market is driven by Increasing Demand for Microwaves for Commercial Uses

Industrial magnetrons are vacuum tubes that generate high-power electromagnetic waves. These are an essential part of industrial microwave systems.
 
FREMONT, Calif. - Sept. 28, 2021 - PRLog -- The growth of the industrial magnetron market can be attributed to the growing usage of microwaves in various commercial and industrial applications. With the strengthening of global economies, the disposable income of consumers has increased, leading to an increase in commercial food outlets, hence increasing the demand for commercial microwaves. Additionally, growing defense expenditure is also helping the growth of the market. The majority of the expenditure goes into the purchase and development of armaments and radio detection and ranging (RADARs) that are used in applications such as air defense, surveillance, navigation, and search and rescue. Magnetrons are an essential component in a RADAR system, and hence its demand has been growing in the defense sector.

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Heating and drying will be the dominating application in the magnetron market. Many industries such as food processing, chemical, lumber, rubber, and medical have been using microwaves for heating and drying application for years.

The demand for the industrial magnetron varies according to various regions. Asia-Pacific is the largest and the fastest-growing market. The region has some of the leading microwaves manufacturers in countries like China, Japan, and South Korea. Also, due to the presence of various dominant end-users such as the food processing industry, semiconductors, chemicals, and automotive, the demand for industrial microwave is high hence driving the demand for magnetrons.

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The key suppliers in the global next-generation display materials 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 Daeyen Trading Company, Cobber Muegge LLC, MICRO-ACTIV COMPONENTS, Fricke und Mallah Microwave Technology, and Western Electric. These companies provide a broad product portfolio, including display materials for specific applications. The geographical presence of these companies is mainly concentrated in China, the U.S., and South Korea.

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