
06:59 ET Induction Heating Market worth $879.5 million by 2030 | MarketsandMarkets™

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The global Induction Heating Market is projected to grow from USD 616.8 million in 2025 to USD 879.5 million by 2030, with a CAGR of 7.4%. The 10–100 kW power segment is expected to dominate, driven by applications in automotive and electronics. Asia Pacific is anticipated to be the largest market, fueled by manufacturing expansion in China and India. Major players include inTEST Corporation, Inductotherm Group, ENRX, and Park-Ohio Holdings Corporation.
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