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Asia Pacific Induction Heating System Market Analysis

Report ID: GMI5396
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Published Date: November 2024
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Report Format: PDF

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Asia Pacific Induction Heating System Market Analysis

 Asia Pacific Induction Heating System Market, By Product, 2022 - 2034 (USD Million)

The stationary product segment will exceed USD 400 million by 2034. The increasing use of environmentally friendly technologies for annealing, hardening, and brazing will drive the adoption of these systems. Key features such as zero exhaust emissions, high reliability and durability, low noise levels, and quick startup contribute to the growing preference for these heating systems over conventional units.
 

Asia Pacific Induction Heating System Market Revenue Share, By End Use, 2024

The aerospace induction heating system market size will witness a growth at a CAGR of over 4% through 2034. These systems are used in the aerospace industry for various processes, including hot heading, bonding and heating of composite materials, as well as levitation melting and vacuum treatment of special alloys. The rising demand for new aircraft, along with the growing maintenance needs of existing fleets, will drive adoption of these systems.
 

China Induction Heating System Market Size, 2022 - 2034 (USD Million)

China induction heating system market is set to reach over USD 200 million by 2034. Stringent government regulations aimed at deploying advanced heating systems and reducing greenhouse gas emissions will drive growth in the market in China. The rising regulatory emphasis, combined with growing investments in the automotive sector, will enhance the industry's outlook. The growing demand for replacing outdated heating systems with energy-efficient units will boost product adoption. Additionally, the introduction of emission reduction standards to limit greenhouse gases, along with a rising population, are key factors shaping the business outlook.
 

The rapid growth of industries has led to a significant increase in the demand for sustainable heating technologies nationwide, accelerating the deployment of these systems across Japan. Additionally, the government's introduction of various initiatives to streamline approvals for new renewable energy projects will create business opportunities for these systems. The implementation of stricter emission targets will drive the industry's shift toward more efficient and sustainable heating solutions, boosting the adoption of these units.

Authors: Ankit Gupta, Shubham Chaudhary
Frequently Asked Question(FAQ) :
Who are the major players in the Asia Pacific induction heating system industry?
The key players in the industry include Abhay Induction Tech, ACME, Ambrell, C-Tech Innovation, Chengdu Jinkezhi Electronic, Dai-ichi Kiden, EFD Induction, Electrotherm, Fuji Electric, Inductotherm Group, ITW Welding Singapore, and KBG Induction.
How much is the China induction heating system market worth?
What is the growth rate of the aerospace induction heating system industry?
How big is the Asia Pacific induction heating system market?

Report Content

Chapter 1   Methodology & Scope

1.1    Market scope & definitions

1.2    Market estimates & forecast parameters

1.3    Forecast calculation

1.4    Data sources

1.4.1    Primary

1.4.2    Secondary

1.4.2.1    Paid

1.4.2.2    Public

Chapter 2   Industry Insights

2.1    Industry ecosystem analysis

2.2    Regulatory landscape

2.3    Industry impact forces

2.3.1    Growth drivers

2.3.2    Industry pitfalls & challenges

2.4    Growth potential analysis

2.5    Porter's analysis

2.5.1    Bargaining power of suppliers

2.5.2    Bargaining power of buyers

2.5.3    Threat of new entrants

2.5.4    Threat of substitutes

2.6    PESTEL analysis

Chapter 3   Competitive Landscape, 2024

3.1    Introduction

3.2    Strategic outlook

3.3    Innovation & sustainability landscape

Chapter 4   Market Size and Forecast, By Product, 2021 – 2034 (USD Million)

4.1    Key trends

4.2    Portable

4.3    Stationary

Chapter 5   Market Size and Forecast, By End Use, 2021 – 2034 (USD Million)

5.1    Key trends

5.2    Automotive

5.3    Aerospace

5.4    Power generation

5.5    Shipbuilding

5.6    Oil & gas

5.7    Others

Chapter 6   Market Size and Forecast, By Country, 2021 – 2034 (USD Million)

6.1    Key trends

6.2    China

6.3    Japan

6.4    India

6.5    Australia

6.6    South Korea

6.7    Thailand

6.8    Singapore

6.9    Malaysia

6.10    Philippines

6.11    Vietnam

6.12    Indonesia

Chapter 7   Company Profiles

7.1    Abhay Induction Tech

7.2    ACME

7.3    Ambrell

7.4    C-Tech Innovation

7.5    Chengdu Jinkezhi Electronic

7.6    Dai-ichi Kiden

7.7    EFD Induction

7.8    Electrotherm

7.9    Fuji Electric

7.10    Inductotherm Group

7.11    ITW Welding Singapore

7.12    KBG Induction

7.13    Kitashiba Electric

7.14    Lu-Chiuan Heating Elements

7.15    Microtech Inductions

7.16    Neturen

7.17    Rapid Heat Systems

7.18    Schaeffler Singapore

7.19    Solidheat Industries

7.20    TM Induction Heating

7.21    Ultraflex Power Technologies

7.22    Uchino

Authors: Ankit Gupta, Shubham Chaudhary
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Premium Report Details

Base Year: 2024

Companies covered: 22

Tables & Figures: 8

Countries covered: 11

Pages: 100

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