Market Overview:
The global conduction vaporizer market is expected to register a CAGR of 7.5% during the forecast period, 2018-2030. The growth in the market can be attributed to factors such as rising demand for cannabis and its derivatives, increasing legalization of cannabis across various countries, and growing awareness about the benefits of using conduction vaporizers over traditional smoking methods. Based on type, the global conduction vaporizer market is segmented into portable and desktop segments. The portable segment is expected to register a higher CAGR during the forecast period as compared to the desktop segment. This can be attributed to increasing demand for portability and convenience among consumers. Based on application, the global conduction vaporizer market is divided into online and offline segments.
Product Definition:
A Conduction Vaporizer is a device that heats material using direct contact with a heating element. This type of vaporizer is often considered to be more efficient and provide better flavor than other types of vaporizers.
Portable:
Portable vaporizers are electronic devices that help in converting the active ingredients of herbal materials into steam or gas form, which is then inhaled through the mouthpiece. Vaporizers are considered to be healthier alternatives to smoking as they don’t involve combustion, thereby eliminating the risk of smoke inhalation.
The global portable vaporizer market size was valued at USD 830 million in 2016.
Desktop:
The desktop is the main body of a vaporizer. It has an electrical outlet, heating chamber, and mouthpiece or balloon where you can load your material. The materials are loaded in the form of a liquid that is heated by electricity passing through it and converted into steam which then passes through the hose to cool down resulting in vaporization of active ingredients present in the liquid.
Application Insights:
The online segment held the largest share of over 70.0% in 2017. Conduction vaporizers are widely used for online medical applications as they ensure better heat management and prevent overheating which leads to damage of health. Moreover, these devices help in reducing the risk of burns caused due to direct contact with hot surfaces as well as avoidable accidents during handling or charging. The offline segment is expected to witness significant growth owing to rising demand from other end-use industries such as oil & gas, construction and automotive among others where these products are used for heating purposes such as soldering, welding or brazing operations respectively.
Vaporizers that operate on a convection heating technique tend to be more expensive than their counterparts that work through microwave technology but deliver efficient results when it comes to dry herb vaporization at lower temperatures resulting in healthier smoke sessions without combustion leading them being preferred by most cannabis users across the globe especially within North America and Europe regions where weed has been legal since 2014.
Regional Analysis:
Asia Pacific dominated the global market in 2017 owing to increasing adoption of online and offline vaporizers. The region is expected to maintain its dominance over the forecast period due to growing demand for vape devices from countries such as China, Japan, South Korea, Australia and India. Furthermore, rising awareness regarding health benefits of vaping is anticipated to propel growth during the forecast period.
North America held a significant share in 2017 owing to high demand for vape products from U.S.
Growth Factors:
- Increasing demand for vaporizers from the healthcare sector as a mode of drug delivery
- Rising awareness about the benefits of vaping over smoking
- Growing popularity of cannabis-based vaporizers among consumers
- Technological advancements in the design and functionality of vaporizers
- Proliferation of online retail platforms that offer a wide range of vaporizers at competitive prices
Scope Of The Report
Report Attributes
Report Details
Report Title
Conduction Vaporizer Market Research Report
By Type
Portable, Desktop
By Application
Online, Offline
By Companies
Storz-Bickel, Ghost Vapes, SLANG Worldwide, DaVinci, PAX Labs, Vapium, Boundless Technology
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
152
Number of Tables & Figures
107
Customization Available
Yes, the report can be customized as per your need.
Global Conduction Vaporizer Market Report Segments:
The global Conduction Vaporizer market is segmented on the basis of:
Types
Portable, Desktop
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Online, Offline
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Storz-Bickel
- Ghost Vapes
- SLANG Worldwide
- DaVinci
- PAX Labs
- Vapium
- Boundless Technology
Highlights of The Conduction Vaporizer Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Portable
- Desktop
- By Application:
- Online
- Offline
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Conduction Vaporizer Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A Conduction Vaporizer is a type of vaporizer that uses heat to extract the active ingredients from plants or herbs. This type of vaporizer works by passing air over a heating element that heats up the material being vaped, causing it to release its vapors.
Some of the key players operating in the conduction vaporizer market are Storz-Bickel, Ghost Vapes, SLANG Worldwide, DaVinci, PAX Labs, Vapium, Boundless Technology.
The conduction vaporizer market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Conduction Vaporizer Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Conduction Vaporizer Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Conduction Vaporizer Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Conduction Vaporizer Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Conduction Vaporizer Market Size & Forecast, 2020-2028
4.5.1 Conduction Vaporizer Market Size and Y-o-Y Growth
4.5.2 Conduction Vaporizer Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Portable
5.2.2 Desktop
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Online
6.2.2 Offline
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Conduction Vaporizer Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Conduction Vaporizer Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Portable
9.6.2 Desktop
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Online
9.10.2 Offline
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Portable
10.6.2 Desktop
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Online
10.10.2 Offline
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Portable
11.6.2 Desktop
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Online
11.10.2 Offline
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Portable
12.6.2 Desktop
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Online
12.10.2 Offline
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Portable
13.6.2 Desktop
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Online
13.10.2 Offline
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Conduction Vaporizer Market: Competitive Dashboard
14.2 Global Conduction Vaporizer Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Storz-Bickel
14.3.2 Ghost Vapes
14.3.3 SLANG Worldwide
14.3.4 DaVinci
14.3.5 PAX Labs
14.3.6 Vapium
14.3.7 Boundless Technology
