Magnetrons are diodes that mostly consist of a cylindrical cathode implanted coaxially in the cylindrical anode that has a series of resonant cavities that creates sluggish waves structures. The electrons emitted by the cathode whirl past the resonating cavities at a speed that generates microwave energy. These multi-cavity devices are used as either pulsed or continuous wave (CW) oscillators with frequencies ranging from 600 to 95,000 megahertz (MHz). Among them majorly, 2450 MHz and 915 MHz frequency magnetrons are used across the globe.

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The magnetron was first developed in the 1920s, and with passing years its usage has become more prominent. Today magnetrons are used as an essential component of a microwave oven. The microwaves generated by the magnetron are used for heating and drying purposes. Magnetron’s ability to easily produce high-power microwaves has made it very suitable for industrial applications as well.

With the advancement of industrial sectors, demand for magnetrons has also seen a surge in the past decade. The growing food processing industry is one of the main consumers of the magnetron in its microwave systems that utilize its microwave energy for heating and drying food products. Apart from food processing, magnetrons have also found their applications in semiconductor, chemicals, rubber, and UV curing industries. In addition to the industrial usage, consumption of magnetrons has also increased in the defense sector due to the growing usage of RADARs and is expected to continue due to the increasing expenditure on defense and surveillance by countries across the globe. One of the aspects of magnetron that can be considered as a drawback is that it can operate on one fixed frequency which cannot be changed depending on the function.

The growth of the industrial magnetron market can be attributed to the growing usage of microwaves in various commercial and industrial applications. With the strengthening of global economies, the disposable income of consumers has increased, leading to an increase in commercial food outlets, hence increasing the demand for commercial microwaves. Additionally, growing defense expenditure is also helping the growth of the market. The majority of the expenditure goes into the purchase and development of armaments and radio detection and ranging (RADARs) that are used in applications such as air defense, surveillance, navigation, and search and rescue. Magnetrons are an essential component in a RADAR system, and hence its demand has been growing in the defense sector.

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Heating and drying will be the dominating application in the magnetron market. Many industries such as food processing, chemical, lumber, rubber, and medical have been using microwaves for heating and drying application for years.

The demand for the industrial magnetron varies according to various regions. Asia-Pacific is the largest and the fastest-growing market. The region has some of the leading microwaves manufacturers in countries like China, Japan, and South Korea. Also, due to the presence of various dominant end-users such as the food processing industry, semiconductors, chemicals, and automotive, the demand for industrial microwave is high hence driving the demand for magnetrons.

The key suppliers in the global next-generation display materials market include LG Electronics, Toshiba Hokuto Electronics Corporation, Richardson Electronics, Hitachi Power Solutions, Panasonic Corporation, Wave Power Technology, Guoguang Electric Co. Ltd, Insight Product Company, Advanced Environmental Technologies Limited, L3 Harris Technologies, Guangzhou Daeyen Trading Company, Cobber Muegge LLC, MICRO-ACTIV COMPONENTS, Fricke und Mallah Microwave Technology, and Western Electric. These companies provide a broad product portfolio, including display materials for specific applications. The geographical presence of these companies is mainly concentrated in China, the U.S., and South Korea.