Induction heating technology is nowadays the heating technology of choice in many industrial, domestic, and medical applications due to its advantages regarding efficiency, fast heating, safety, cleanness, and accurate control. Advances in key technologies, i.e. power electronics, control techniques, and magnetic component design, have allowed the development of highly reliable and cost-effective systems, making this technology readily available and ubiquitous. This paper reviews induction heating technology summarizing the main milestones in its development, and analyzing the current state-of-art of induction heating systems in industrial, domestic and medical applications, paying special attention to the key enabling technologies involved. Finally, an overview of future research trends and challenges is given, highlighting the promising future of induction heating technology. Index terms-Induction heating, resonant power conversion, electromagnetic analysis.