Magnetron Market : Business Growth, Development Factors, Application and Future Prospects

The briskly growing market of communication applications and smart home appliances will primarily drive growth of the global magnetron market. The rising demand for premium microwaves and for built-in oven ranges are expected to accelerate the need for powerful and efficient magnetrons in the market. Moreover, with the rising interest toward home decoration and modular kitchens, the demand for home appliances such as built-in microwave ovens has increased significantly, which is further likely to push the growth of the global magnetron market. Manufacturers are also coming up with extra features such as auto reheat, auto cook, and child lock to cater to the demands of customers.

The major players in this industry are e2v (U.K.), Samsung (South Korea), LG Electronics Inc. (South Korea), Bosch GmbH(Germany), Haier Group Corporation (China), Toshiba Corporation (Japan), and Sharp Corporation (Japan) among others.

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