| Product Code: ETC5128894 | Publication Date: Nov 2023 | Updated Date: Feb 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Canada magnetic induction heating devices market experienced a significant increase in imports from 2020 to 2024. The compound annual growth rate (CAGR) for this period was 42.58%. However, there was a year-on-year growth rate decline of -56.18% specifically in 2023-2024. Despite this decline, the overall trend indicates a substantial rise in imports over the specified timeframe.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Canada Magnetic Induction Heating Devices Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada Magnetic Induction Heating Devices Market Revenues & Volume, 2022 & 2032F |
3.3 Canada Magnetic Induction Heating Devices Market - Industry Life Cycle |
3.4 Canada Magnetic Induction Heating Devices Market - Porter's Five Forces |
3.5 Canada Magnetic Induction Heating Devices Market Revenues & Volume Share, By Power Type, 2022 & 2032F |
3.6 Canada Magnetic Induction Heating Devices Market Revenues & Volume Share, By Application, 2022 & 2032F |
4 Canada Magnetic Induction Heating Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of energy-efficient heating technologies |
4.2.2 Growing focus on sustainability and environmental concerns |
4.2.3 Technological advancements in magnetic induction heating devices |
4.3 Market Restraints |
4.3.1 High initial investment cost of magnetic induction heating devices |
4.3.2 Limited awareness and understanding of the benefits of magnetic induction heating |
4.3.3 Competition from traditional heating technologies |
5 Canada Magnetic Induction Heating Devices Market Trends |
6 Canada Magnetic Induction Heating Devices Market Segmentations |
6.1 Canada Magnetic Induction Heating Devices Market, By Power Type |
6.1.1 Overview and Analysis |
6.1.2 Canada Magnetic Induction Heating Devices Market Revenues & Volume, By 0 to 5 kWh, 2022-2032F |
6.1.3 Canada Magnetic Induction Heating Devices Market Revenues & Volume, By 5 to 10 kWh, 2022-2032F |
6.1.4 Canada Magnetic Induction Heating Devices Market Revenues & Volume, By More than 10 kWh, 2022-2032F |
6.2 Canada Magnetic Induction Heating Devices Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Canada Magnetic Induction Heating Devices Market Revenues & Volume, By Furnaces, 2022-2032F |
6.2.3 Canada Magnetic Induction Heating Devices Market Revenues & Volume, By Welding, 2022-2032F |
6.2.4 Canada Magnetic Induction Heating Devices Market Revenues & Volume, By Cooking, 2022-2032F |
6.2.5 Canada Magnetic Induction Heating Devices Market Revenues & Volume, By Brazing, 2022-2032F |
6.2.6 Canada Magnetic Induction Heating Devices Market Revenues & Volume, By Sealing, 2022-2032F |
6.2.7 Canada Magnetic Induction Heating Devices Market Revenues & Volume, By Heating Treatment, 2022-2032F |
6.2.8 Canada Magnetic Induction Heating Devices Market Revenues & Volume, By Others, 2022-2032F |
6.2.9 Canada Magnetic Induction Heating Devices Market Revenues & Volume, By Others, 2022-2032F |
7 Canada Magnetic Induction Heating Devices Market Import-Export Trade Statistics |
7.1 Canada Magnetic Induction Heating Devices Market Export to Major Countries |
7.2 Canada Magnetic Induction Heating Devices Market Imports from Major Countries |
8 Canada Magnetic Induction Heating Devices Market Key Performance Indicators |
8.1 Energy efficiency improvement rate of magnetic induction heating devices |
8.2 Adoption rate of magnetic induction heating devices in commercial and residential buildings |
8.3 Number of patents or innovations in magnetic induction heating technology |
8.4 Percentage of government incentives or rebates for using energy-efficient heating technologies |
8.5 Growth in the number of manufacturers and suppliers of magnetic induction heating devices |
9 Canada Magnetic Induction Heating Devices Market - Opportunity Assessment |
9.1 Canada Magnetic Induction Heating Devices Market Opportunity Assessment, By Power Type, 2022 & 2032F |
9.2 Canada Magnetic Induction Heating Devices Market Opportunity Assessment, By Application, 2022 & 2032F |
10 Canada Magnetic Induction Heating Devices Market - Competitive Landscape |
10.1 Canada Magnetic Induction Heating Devices Market Revenue Share, By Companies, 2025 |
10.2 Canada Magnetic Induction Heating Devices Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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