세계의 유도 가열 시장 예측(-2030년) : 전력별, 주파수별, 용도별, 최종 용도 산업별, 지역별

The global Induction heating market is estimated to grow from USD 616.8 million in 2025 to USD 879.5 million by 2030, at a CAGR of 7.4% during the forecast period.

Rapid expansion of industrial and manufacturing infrastructure across major economies is driving strong demand for Induction Heating systems. In India, initiatives such as the National Infrastructure Pipeline and growing investments in metals, automotive, chemicals, and electronics are driving the need for efficient heating technologies that enhance productivity and energy performance.

In the United States, federal programs such as the Infrastructure Investment and Jobs Act and clean-energy industrial expansion are pushing upgrades in steel, semiconductors, all of which require reliable, high-efficiency Induction Heating solutions. This steady modernization and capacity building directly increase the adoption of advanced heating systems for faster processing, reduced energy use, and improved operational reliability.

"By frequency, the 10-50 kHz segment is expected to dominate the Induction heating market during the forecast period."

The Induction heating market by frequency has the 10-50 kHz range as its leading segment. This is primarily because this frequency band offers an ideal balance between heating depth and process efficiency, making it suitable for a wide variety of industrial applications such as hardening, brazing, annealing, and forging. Systems operating in the 10-50 kHz range deliver fast, uniform heating with high energy efficiency, enabling precise temperature control and improved metallurgical results.

This frequency range is widely compatible with both conductive and moderately thin workpieces, allowing industries to utilize it for diverse production requirements. Additionally, equipment in this band is cost-effective, easier to maintain, and adaptable to both legacy and modern manufacturing setups. Owing to these advantages, the 10-50 kHz segment is being rapidly adopted across metal processing, automotive, and general manufacturing, making it the most preferred and extensively deployed frequency category in the market.

"By application, the heat-treating segment is expected to dominate the Induction heating market during the forecast period."

The Induction heating market by application is led by the heat-treating segment. This dominance is driven by the widespread use of heat-treating processes-such as hardening, tempering, annealing, and stress relieving across core industries, including automotive, machinery manufacturing, and metalworking. Heat-treating requires precise, consistent, and energy-efficient thermal control, which makes advanced Induction Heating systems highly suited for achieving desired material properties and improving component durability.

Induction Heating technologies used for heat treating provide rapid heating rates, clean operation, and superior metallurgical accuracy, making them a preferred choice over conventional gas-based systems. Furthermore, growing demand for high-performance metals, lightweight automotive components, and precision-engineered parts is increasing reliance on modern heat-treating systems. These factors collectively make heat-treating the largest and most critical application segment in the Induction Heating market.

"By region, Europe is estimated to be the third fastest-growing market during the forecast period."

The Induction Heating market, by region, identifies Europe as the third-fastest-growing market. This growth is driven by the region's strong manufacturing base, accelerating investments in energy-efficient industrial technologies, and stringent regulatory frameworks that promote cleaner and more sustainable heating solutions. European industries, especially automotive, heavy machinery, and advanced metallurgy, are rapidly upgrading to high-efficiency electric and induction-based heating systems to meet decarbonization targets and reduce operational emissions.

Additionally, the ongoing modernization of industrial infrastructure, supported by EU-level initiatives for digitalization and the green transition, is driving industries to adopt precise, automated, and low-maintenance heating technologies. The presence of leading industrial equipment manufacturers, combined with strong R&D capabilities and a rising demand for premium-quality processed materials, further positions Europe as a steadily expanding market, making it the third-fastest-growing region in the Induction Heating Landscape.

In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information and assess future market prospects. The distribution of primary interviews is as follows:

By Company Type: Tier 1- 30%, Tier 2- 45%, and Tier 3 - 25%

By Designation: C-level Executives - 30%, Directors - 20%, and Others - 50%

By Region: North America - 18%, Europe - 8%, Asia Pacific - 60%, Middle East & Africa - 10%, and South America - 4%

Notes: The tiers of the companies are defined based on their total revenues as of 2024. Tier 1: > USD 1 billion, Tier 2: USD 500 million to USD 1 billion, and Tier 3: < USD 500 million.

Other designations include sales managers, engineers, and regional managers.

Research Coverage:

The report defines, describes, and forecasts the global Induction heating market by power, application, end user, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report comprehensively reviews the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include an analysis of the competitive landscape, market dynamics, market estimates in terms of value, and future trends in the Induction Heating market.

Key Benefits of Buying the Report

• It provides an analysis of key drivers, restraints, opportunities, and challenges influencing the growth of the Induction Heating market.
• Market Development: Comprehensive information about lucrative markets - the report analyses the Induction heating market across varied regions.
• Market Diversification: Exhaustive information about new products and services, untapped geographies, recent developments, and investments in the Induction Heating market.
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Interpower Induction (US), Thermo International (US), inTEST Corporation (US), Radyne Corporation (US), Hammond Power Solutions (Canada), SPC Electronics Corporation (Japan), Park-Ohio Holdings Corp (US), Induction Innovations (US), ENRX (Germany), RDO Induction, Inc. (US), UltraFlex Power Technologies (US), Eldec Induction GmbH (Germany), TRUMPF (Germany), MagneForce Inc. (US), Dai-Ichi Kiden Co., Ltd. (Japan), Shenzhen Double-Power Technology Co., Ltd. (China), Nippon Avionics Co., Ltd. (Japan). among others in the Induction Heatingmarket.

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 STUDY OBJECTIVES
• 1.2 MARKET DEFINITION
• 1.3 STUDY SCOPE
  • 1.3.1 MARKETS COVERED AND REGIONAL SCOPE
  • 1.3.2 INCLUSIONS AND EXCLUSIONS
  • 1.3.3 YEARS CONSIDERED
• 1.4 CURRENCY CONSIDERED
• 1.5 UNIT CONSIDERED
• 1.6 LIMITATIONS
• 1.7 STAKEHOLDERS

2 EXECUTIVE SUMMARY

• 2.1 MARKET HIGHLIGHTS AND KEY INSIGHTS
• 2.2 KEY MARKET PARTICIPANTS: MAPPING OF STRATEGIC DEVELOPMENTS
• 2.3 DISRUPTIVE TRENDS IN INDUCTION HEATING MARKET
• 2.4 HIGH-GROWTH SEGMENTS
• 2.5 REGIONAL SNAPSHOT: MARKET SIZE, GROWTH RATE, AND FORECAST

3 PREMIUM INSIGHTS

• 3.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN INDUCTION HEATING MARKET
• 3.2 INDUCTION HEATING MARKET, BY POWER RATING
• 3.3 INDUCTION HEATING MARKET, BY END-USE INDUSTRY
• 3.4 INDUCTION HEATING MARKET, BY FREQUENCY
• 3.5 INDUCTION HEATING MARKET IN ASIA PACIFIC, BY END-USE INDUSTRY AND COUNTRY
• 3.6 INDUCTION HEATING MARKET, BY REGION

4 MARKET OVERVIEW

• 4.1 INTRODUCTION
• 4.2 MARKET DYNAMICS
  • 4.2.1 DRIVERS
    • 4.2.1.1 Increasing precision-driven manufacturing requirements and trade-driven industrial growth
    • 4.2.1.2 Global focus on energy efficiency and decarbonization
  • 4.2.2 RESTRAINTS
    • 4.2.2.1 High upfront CAPEX associated with larger induction heating systems
  • 4.2.3 OPPORTUNITIES
    • 4.2.3.1 Surging demand for electric vehicles
    • 4.2.3.2 Expanding induction heating applications in semiconductor and precision electronics
  • 4.2.4 CHALLENGES
    • 4.2.4.1 Preference for low-cost conventional resistance heating solutions
    • 4.2.4.2 Sustaining competitive edge amid technology commoditization
• 4.3 UNMET NEEDS AND WHITE SPACES
  • 4.3.1 UNMET NEEDS IN INDUCTION HEATING MARKET
  • 4.3.2 WHITE SPACE OPPORTUNITIES
• 4.4 INTERCONNECTED MARKETS AND CROSS-SECTOR OPPORTUNITIES
  • 4.4.1 INTERCONNECTED MARKETS
  • 4.4.2 CROSS-SECTOR OPPORTUNITIES
• 4.5 STRATEGIC MOVES BY TIER-1/2/3 PLAYERS
  • 4.5.1 KEY MOVES AND STRATEGIC FOCUS

5 INDUSTRY TRENDS

• 5.1 PORTER'S FIVE FORCES ANALYSIS
  • 5.1.1 BARGAINING POWER OF SUPPLIERS
  • 5.1.2 BARGAINING POWER OF BUYERS
  • 5.1.3 THREAT OF NEW ENTRANTS
  • 5.1.4 THREAT OF SUBSTITUTES
  • 5.1.5 INTENSITY OF COMPETITIVE RIVALRY
• 5.2 MACROECONOMIC OUTLOOK
  • 5.2.1 INTRODUCTION
  • 5.2.2 GDP TRENDS AND FORECAST
  • 5.2.3 INFLATION RATE ACROSS VARIOUS REGIONS, 2024
  • 5.2.4 MANUFACTURING VALUE ADDED (% OF GDP)
  • 5.2.5 TRENDS IN GLOBAL AUTOMOTIVE INDUSTRY
  • 5.2.6 TRENDS IN GLOBAL TRANSPORTATION INDUSTRY
• 5.3 VALUE CHAIN ANALYSIS
• 5.4 ECOSYSTEM ANALYSIS
• 5.5 PRICING ANALYSIS
  • 5.5.1 AVERAGE SELLING PRICE TREND OF INDUCTION HEATING SYSTEMS, BY POWER RATING, 2022-2024
  • 5.5.2 AVERAGE SELLING PRICE TREND OF INDUCTION HEATING SYSTEMS, BY REGION, 2022-2024
• 5.6 TRADE ANALYSIS
  • 5.6.1 EXPORT SCENARIO (HS CODE 851440)
  • 5.6.2 IMPORT SCENARIO (HS CODE 851440)
• 5.7 KEY CONFERENCES AND EVENTS, 2025-2026
• 5.8 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
• 5.9 INVESTMENT AND FUNDING SCENARIO
• 5.10 CASE STUDY ANALYSIS
  • 5.10.1 USE OF INDUCTION HEATING SOLUTION TO IMPROVE OPERATIONAL EFFICIENCY
  • 5.10.2 ADOPTION OF HIGH-POWER INDUCTION DRYER TO ENHANCE COATING LINE SPEED AND UNIFORMITY
  • 5.10.3 DEPLOYMENT OF HIGH-THROUGHPUT INDUCTION SYSTEMS TO IMPROVE METALLURGICAL PERFORMANCE AND PRODUCTIVITY
• 5.11 IMPACT OF 2025 US TARIFF ON INDUCTION HEATING MARKET
  • 5.11.1 INTRODUCTION
  • 5.11.2 KEY TARIFF RATES
  • 5.11.3 PRICE IMPACT ANALYSIS
  • 5.11.4 IMPACT ON COUNTRIES/REGIONS
    • 5.11.4.1 US
    • 5.11.4.2 Europe
    • 5.11.4.3 Asia Pacific
  • 5.11.5 IMPACT ON END-USE INDUSTRIES

6 TECHNOLOGICAL ADVANCEMENTS, AI-DRIVEN IMPACT, PATENTS, INNOVATIONS, AND FUTURE APPLICATIONS

• 6.1 KEY TECHNOLOGIES
  • 6.1.1 SILICON CARBIDE AND GALLIUM NITRIDE SEMICONDUCTORS
  • 6.1.2 DIGITAL TWIN AND PREDICTIVE CONTROL SYSTEMS
• 6.2 COMPLEMENTARY TECHNOLOGIES
  • 6.2.1 SYSTEMS SMART FACTORY AND INDUSTRIAL IOT INTEGRATION
• 6.3 TECHNOLOGY ROADMAP
• 6.4 PATENT ANALYSIS
• 6.5 FUTURE APPLICATIONS
• 6.6 IMPACT OF AI/GEN AI ON INDUCTION HEATING MARKET
  • 6.6.1 TOP USE CASES AND MARKET POTENTIAL
  • 6.6.2 BEST PRACTICES FOLLOWED BY MANUFACTURERS IN INDUCTION HEATING MARKET
  • 6.6.3 IMPACT OF AI/GEN AI ON END-USE INDUSTRIES
  • 6.6.4 IMPACT OF AI ON INDUCTION HEATING MARKET, BY REGION
  • 6.6.5 CASE STUDIES OF AI IMPLEMENTATION IN INDUSTRIAL HEATING MARKET
  • 6.6.6 INTERCONNECTED/ADJACENT ECOSYSTEM AND IMPACT ON MARKET PLAYERS
  • 6.6.7 CLIENTS' READINESS TO ADOPT GENERATIVE AI IN INDUSTRIAL HEATING MARKET

7 REGULATORY LANDSCAPE AND SUSTAINABILITY INITIATIVES

• 7.1 REGIONAL REGULATIONS AND COMPLIANCE
  • 7.1.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
  • 7.1.2 INDUSTRY STANDARDS
    • 7.1.2.1 CODES AND REGULATIONS related to induction heating
• 7.2 SUSTAINABILITY INITIATIVES
  • 7.2.1 INTRODUCTION
  • 7.2.2 SUSTAINABILITY INITIATIVES
  • 7.2.3 IMPACT OF REGULATORY POLICIES ON SUSTAINABILITY INITIATIVES

8 CUSTOMER LANDSCAPE AND BUYER BEHAVIOR

• 8.1 INTRODUCTION
• 8.2 DECISION-MAKING PROCESS
• 8.3 KEY STAKEHOLDERS INVOLVED IN BUYING PROCESS AND THEIR EVALUATION CRITERIA
  • 8.3.1 KEY STAKEHOLDERS IN BUYING PROCESS
  • 8.3.2 BUYING CRITERIA
• 8.4 ADOPTION BARRIERS AND INTERNAL CHALLENGES
• 8.5 UNMET NEEDS OF VARIOUS END-USE INDUSTRIES
• 8.6 MARKET PROFITABILITY

9 INDUCTION HEATING MARKET, BY POWER RATING

• 9.1 INTRODUCTION
• 9.2 LESS THAN 10 KW
  • 9.2.1 STRINGENT WORKPLACE SAFETY GUIDELINES TO BOOST DEMAND
• 9.3 10-100 KW
  • 9.3.1 GOVERNMENT-BACKED INDUSTRIAL MODERNIZATION PROGRAMS TO ACCELERATE ADOPTION
• 9.4 ABOVE 100 KW
  • 9.4.1 RISING GOVERNMENT ENVIRONMENTAL REGULATIONS TO DRIVE MARKET

10 INDUCTION HEATING MARKET, BY FREQUENCY

• 10.1 INTRODUCTION
• 10.2 LOW
  • 10.2.1 TRANSITION TO CLEAN, EFFICIENT ELECTRIC HEATING TECHNOLOGIES TO FUEL SEGMENTAL GROWTH
• 10.3 MEDIUM
  • 10.3.1 GOVERNMENT-BACKED INDUSTRIAL ELECTRIFICATION INITIATIVES TO STIMULATE DEMAND
• 10.4 HIGH
  • 10.4.1 SMART MANUFACTURING INITIATIVES TO CONTRIBUTE TO MARKET GROWTH

11 INDUCTION HEATING MARKET, BY APPLICATION

• 11.1 INTRODUCTION
• 11.2 METAL MELTING
  • 11.2.1 GOVERNMENT-BACKED INDUSTRIAL DECARBONIZATION EFFORTS TO ACCELERATE DEMAND
• 11.3 ANNEALING
  • 11.3.1 FOCUS OF INDUSTRIES ON ENERGY-EFFICIENT, LOW-EMISSION, AND PRECISION-CONTROLLED THERMAL PROCESSING TO FUEL DEMAND
• 11.4 HEAT TREATING
  • 11.4.1 STRINGENT EMISSION REGULATIONS AND TRANSITION TO ELECTRIFIED INDUSTRIAL HEATING TO PROPEL MARKET
• 11.5 BRAZING AND SOLDERING
  • 11.5.1 RISING DEMAND FOR SPECIALTY ALLOY COMPONENTS WITH SUPERIOR JOINT INTEGRITY TO SUPPORT MARKET GROWTH
• 11.6 SURFACE HARDENING
  • 11.6.1 PRESSING NEED TO CUT PARTICULATE AND NOX EMISSIONS IN LARGE MANUFACTURING FACILITIES TO DRIVE MARKET

12 INDUCTION HEATING MARKET, BY END-USE INDUSTRY

• 12.1 INTRODUCTION
• 12.2 METALS
  • 12.2.1 STRATEGIC SHIFT TOWARD ENERGY-EFFICIENT AND LOW-EMISSION PROCESSES TO FUEL DEMAND
• 12.3 INDUSTRIAL MANUFACTURING
  • 12.3.1 GOVERNMENT INCENTIVES TO REDUCE CARBON EMISSIONS DURING INDUSTRIAL PROCESSES TO ACCELERATE ADOPTION
• 12.4 AUTOMOTIVE
  • 12.4.1 GROWING FOCUS ON EXPANDING EV INFRASTRUCTURE TO DRIVE MARKET
• 12.5 PLASTIC PROCESSING
  • 12.5.1 RISING PUSH TOWARD ELECTRIFICATION AND PRECISION IN THERMAL MANAGEMENT TO FUEL MARKET GROWTH
• 12.6 ELECTRONICS & SEMICONDUCTORS
  • 12.6.1 INTEGRATION OF HIGH-PRECISION THERMAL PROCESSES INTO HIGH-TECH MANUFACTURING TO FOSTER MARKET GROWTH
• 12.7 CONSUMER APPLIANCES
  • 12.7.1 RISING SHIFT TOWARD EFFICIENT, SAFE, AND SMART TECHNOLOGIES TO FUEL MARKET GROWTH
• 12.8 MEDICAL DEVICES
  • 12.8.1 SHIFT TOWARD ENERGY-EFFICIENT THERMAL PROCESSING WHILE MANUFACTURING MEDICAL DEVICES TO DRIVE MARKET

13 INDUCTION HEATING MARKET, BY REGION

• 13.1 INTRODUCTION
• 13.2 NORTH AMERICA
  • 13.2.1 US
    • 13.2.1.1 Strict energy efficiency and emission regulations to boost demand
  • 13.2.2 CANADA
    • 13.2.2.1 High investments in green supply chains and smart factories to support market growth
• 13.3 EUROPE
  • 13.3.1 GERMANY
    • 13.3.1.1 Growing reliance on renewable energy sources to fuel market growth
  • 13.3.2 ITALY
    • 13.3.2.1 Green Deal and REPowerEU initiatives to contribute to market growth
  • 13.3.3 SPAIN
    • 13.3.3.1 Rapid transition from gas-based furnaces to high-efficiency induction systems to propel market
  • 13.3.4 UK
    • 13.3.4.1 Concentration of high-performance industrial hubs to create growth opportunities
  • 13.3.5 FRANCE
    • 13.3.5.1 Industrial decarbonization grants and R&D incentives to stimulate demand
  • 13.3.6 REST OF EUROPE
• 13.4 ASIA PACIFIC
  • 13.4.1 CHINA
    • 13.4.1.1 Booming steel industry to fuel market growth
  • 13.4.2 JAPAN
    • 13.4.2.1 Strong industrial base and greater emphasis on precision manufacturing to fuel market growth
  • 13.4.3 INDIA
    • 13.4.3.1 Large-scale rail infrastructure modernization projects to create lucrative opportunities
  • 13.4.4 AUSTRALIA
    • 13.4.4.1 Investment in mining, renewable energy, and infrastructure modernization programs to foster market growth
  • 13.4.5 REST OF ASIA PACIFIC
• 13.5 MIDDLE EAST & AFRICA
  • 13.5.1 GCC
    • 13.5.1.1 Saudi Arabia
      • 13.5.1.1.1 Growing number of infrastructure megaprojects to fuel market growth
    • 13.5.1.2 UAE
      • 13.5.1.2.1 Large-scale infrastructure, renewable energy, and logistics projects to boost demand
    • 13.5.1.3 Rest of GCC
  • 13.5.2 SOUTH AFRICA
    • 13.5.2.1 Rising need to reduce operating costs and energy consumption to fuel market growth
  • 13.5.3 REST OF MIDDLE EAST & AFRICA
• 13.6 LATIN AMERICA
  • 13.6.1 BRAZIL
    • 13.6.1.1 Emphasis on modernizing fabrication workflows to boost demand
  • 13.6.2 ARGENTINA
    • 13.6.2.1 Expanding metalworking and manufacturing base to drive market
  • 13.6.3 MEXICO
    • 13.6.3.1 Automotive sector to contribute to market growth
  • 13.6.4 REST OF LATIN AMERICA

14 COMPETITIVE LANDSCAPE

• 14.1 OVERVIEW
• 14.2 KEY PLAYER COMPETITIVE STRATEGIES/RIGHT TO WIN, 2021-2025
• 14.3 MARKET SHARE ANALYSIS, 2024
• 14.4 REVENUE ANALYSIS, 2020-2024
• 14.5 BRAND/PRODUCT COMPARISON
  • 14.5.1 INDUCTOTHERM GROUP (US)
  • 14.5.2 PARK-OHIO HOLDINGS CORP. (US)
  • 14.5.3 ENRX (NORWAY)
  • 14.5.4 INTERPOWER INDUCTION (US)
  • 14.5.5 INTEST CORPORATION (US)
• 14.6 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024
  • 14.6.1 STARS
  • 14.6.2 EMERGING LEADERS
  • 14.6.3 PERVASIVE PLAYERS
  • 14.6.4 PARTICIPANTS
  • 14.6.5 COMPANY FOOTPRINT: KEY PLAYERS, 2024
    • 14.6.5.1 Company footprint
    • 14.6.5.2 Region footprint
    • 14.6.5.3 Power rating footprint
    • 14.6.5.4 Frequency footprint
    • 14.6.5.5 End-use industry footprint
• 14.7 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024
  • 14.7.1 PROGRESSIVE COMPANIES
  • 14.7.2 RESPONSIVE COMPANIES
  • 14.7.3 DYNAMIC COMPANIES
  • 14.7.4 STARTING BLOCKS
  • 14.7.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024
    • 14.7.5.1 Detailed list of key startups/SMEs
    • 14.7.5.2 Competitive benchmarking of key startups/SMEs
• 14.8 COMPETITIVE SCENARIO
  • 14.8.1 PRODUCT LAUNCHES
  • 14.8.2 DEALS
  • 14.8.3 EXPANSIONS

15 COMPANY PROFILES

• 15.1 KEY PLAYERS
  • 15.1.1 INTERPOWER INDUCTION
    • 15.1.1.1 Business overview
    • 15.1.1.2 Products/Solutions/Services offered
    • 15.1.1.3 MnM view
      • 15.1.1.3.1 Key strategies/Right to win
      • 15.1.1.3.2 Strategic choices
      • 15.1.1.3.3 Weaknesses/Competitive threats
  • 15.1.2 ENRX
    • 15.1.2.1 Business overview
    • 15.1.2.2 Products/Solutions/Services offered
    • 15.1.2.3 Recent developments
      • 15.1.2.3.1 Deals
    • 15.1.2.4 MnM view
      • 15.1.2.4.1 Key strategies/Right to win
      • 15.1.2.4.2 Strategic choices
      • 15.1.2.4.3 Weaknesses/Competitive threats
  • 15.1.3 INTEST CORPORATION
    • 15.1.3.1 Business overview
    • 15.1.3.2 Products/Solutions/Services offered
    • 15.1.3.3 Recent developments
      • 15.1.3.3.1 Product launches
      • 15.1.3.3.2 Expansions
    • 15.1.3.4 MnM view
      • 15.1.3.4.1 Key strategies/Right to win
      • 15.1.3.4.2 Strategic choices
      • 15.1.3.4.3 Weaknesses/Competitive threats
  • 15.1.4 INDUCTOTHERM GROUP
    • 15.1.4.1 Business overview
    • 15.1.4.2 Products/Solutions/Services offered
    • 15.1.4.3 Recent developments
      • 15.1.4.3.1 Expansions
    • 15.1.4.4 MnM view
      • 15.1.4.4.1 Key strategies/Right to win
      • 15.1.4.4.2 Strategic choices
      • 15.1.4.4.3 Weaknesses/Competitive threats
  • 15.1.5 PARK-OHIO HOLDINGS CORP.
    • 15.1.5.1 Business overview
    • 15.1.5.2 Products/Solutions/Services offered
    • 15.1.5.3 MnM view
      • 15.1.5.3.1 Key strategies/Right to win
      • 15.1.5.3.2 Strategic choices
      • 15.1.5.3.3 Weaknesses/Competitive threats
  • 15.1.6 THERMO INTERNATIONAL
    • 15.1.6.1 Business overview
    • 15.1.6.2 Products/Solutions/Services offered
    • 15.1.6.3 Recent developments
      • 15.1.6.3.1 Product launches
  • 15.1.7 HAMMOND POWER SOLUTIONS
    • 15.1.7.1 Business overview
    • 15.1.7.2 Products/Solutions/Services offered
    • 15.1.7.3 Recent developments
      • 15.1.7.3.1 Deals
  • 15.1.8 SPC ELECTRONICS CORPORATION
    • 15.1.8.1 Business overview
    • 15.1.8.2 Products/Solutions/Services offered
  • 15.1.9 INDUCTION INNOVATIONS
    • 15.1.9.1 Business overview
    • 15.1.9.2 Products/Solutions/Services offered
  • 15.1.10 RDO INDUCTION, INC.
    • 15.1.10.1 Business overview
    • 15.1.10.2 Products/Solutions/Services offered
  • 15.1.11 ULTRAFLEX POWER TECHNOLOGIES
    • 15.1.11.1 Business overview
    • 15.1.11.2 Products/Solutions/Services offered
  • 15.1.12 ELDEC INDUCTION GMBH
    • 15.1.12.1 Business overview
    • 15.1.12.2 Products/Solutions/Services offered
  • 15.1.13 DAI-ICHI KIDEN CO., LTD.
    • 15.1.13.1 Business overview
    • 15.1.13.2 Products/Solutions/Services offered
  • 15.1.14 DAOBRIGHT
    • 15.1.14.1 Business overview
    • 15.1.14.2 Products/Solutions/Services offered
  • 15.1.15 TRUMPF
    • 15.1.15.1 Business overview
    • 15.1.15.2 Products/Solutions/Services offered
• 15.2 OTHER PLAYERS
  • 15.2.1 MAGNEFORCE INC.
  • 15.2.2 SHENZHEN DOUBLE-POWER TECHNOLOGY CO., LTD.
  • 15.2.3 NIPPON AVIONICS CO., LTD.
  • 15.2.4 ELECTROTHERM
  • 15.2.5 CHENGDU JINKEZHI ELECTRONIC CO., LTD.
  • 15.2.6 HF ENERGY AB
  • 15.2.7 UCHINO CO., LTD.
  • 15.2.8 AGNI INDUCTION TECHNOLOGIES
  • 15.2.9 ELECTROHEAT INDUCTION
  • 15.2.10 SUZHOU HONGCHUANG HIGH FREQUENCY HEATING EQUIPMENT CO., LTD.

16 RESEARCH METHODOLOGY

• 16.1 RESEARCH DATA
• 16.2 SECONDARY AND PRIMARY RESEARCH
  • 16.2.1 SECONDARY DATA
    • 16.2.1.1 List of key secondary sources
    • 16.2.1.2 Key data from secondary sources
  • 16.2.2 PRIMARY DATA
    • 16.2.2.1 List of primary interview participants
    • 16.2.2.2 Key industry insights
    • 16.2.2.3 Breakdown of primaries
    • 16.2.2.4 Key data from primary sources
• 16.3 MARKET SIZE ESTIMATION METHODOLOGY
  • 16.3.1 BOTTOM-UP APPROACH
  • 16.3.2 TOP-DOWN APPROACH
  • 16.3.3 DEMAND-SIDE ANALYSIS
    • 16.3.3.1 Demand-side assumptions
    • 16.3.3.2 Demand-side calculations
  • 16.3.4 SUPPLY-SIDE ANALYSIS
    • 16.3.4.1 Supply-side assumptions
    • 16.3.4.2 Supply-side calculations
• 16.4 GROWTH FORECAST
• 16.5 DATA TRIANGULATION
• 16.6 RESEARCH LIMITATIONS
• 16.7 RISK ANALYSIS

17 APPENDIX

• 17.1 DISCUSSION GUIDE
• 17.2 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
• 17.3 CUSTOMIZATION OPTIONS
• 17.4 RELATED REPORTS
• 17.5 AUTHOR DETAILS