Global Magnetron Market Professional Survey Report 2019-2026

Global Magnetron Market Professional Survey Report 2019-2026

Base Year: 2018||Estimated Year: 2019 ||Forecast Period: 2019 to 2026

Magnetron Market Prospect

A magnetron is a device that uses the interaction of a stream of electrons, guided by a magnetic field, with cavities within a block of copper to produce microwave radiation. The frequency range of the radiation depends on the size of the cavities. The devices are used in radar, and microwave ovens, where the radiation causes the molecules in food to vibrate, leading to a rapid rise in temperature that is sufficient to cook the food.

It is estimated that the CAGR (Compounded Annual Growth Rate) of the world market in the forecast period will reach 6.37%, and the total market value is expected to reach USD 2,681 million in 2026 from USD 1,740 million in 2019.

Geographically, the magnetron market has been segmented into Europe, North America, Asia Pacific, Middle East and Africa, and Latin America. North America is the largest market with a proportion of 41.58%, followed by Asia-Pacific and Europe, accounting for 23.56% and 21.91% respectively.

In 2018, North America had the highest contribution in terms of the demand for magnetrons since this region has the presence of leading manufacturers of radar systems. The Asia-Pacific is anticipated to witness a bright future in the magnetron market due to the new product launches, increased marketing efforts, and expansion in distribution networks in this region. China, Taiwan, Japan, and South Korea are the leading countries in this region driving the sales for magnetrons, owing to the presence of leading magnetron vendors like LG, Toshiba, Samsung, Hitachi, and Midea in these countries. 

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Type Outline

Air Cooled Magnetrons

Water-cooled Magnetrons

Application Outline

Home Microwave Oven

Medical Equipment

Industrial Use

Regions Covered in the Report:

-North America (United States, Canada, and Mexico)

-Europe (Germany, UK, France, Italy, Denmark, Finland, Iceland, Norway and Sweden, Spain, Belgium, Poland, Russia, Turkey, and Others)

-Asia-Pacific (China, Japan, India, South Korea, Australia, New Zealand, Indonesia, Thailand, Malaysia, Singapore, Philippines, Vietnam, and Others)

-Latin America (Brazil, Argentina, Peru, Chile, and Others)

-Middle East & Africa (GCC Countries, Southern Africa, and North Africa)

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Prime Competitors

Some of the leading companies in the magnetron market are LG, TOSHIBA, E2V, Samsung, Hitachi, NJR, Midea, Galanz, Panasonic (CN), Dongbu Daewoo (CN), and Shuangda Electronic.

Target Audience:

Magnetron manufacturers

Distributors and resellers of magnetron

Magnetron industry associations

Product managers, magnetron industry administrator, C-level executives of the industries

Healthcare organizations

Market Research and consulting firms

Technology providers

Small and Medium-sized Enterprises (SMEs)

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