Market Overview:
The global digital thermostatic water bath market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for precision temperature control in various applications such as scientific research, R&D companies, and schools. In addition, the growing adoption of digital thermostatic water baths in emerging countries is also contributing to the growth of this market. On the basis of type, the global digital thermostatic water bath market can be segmented into single hole, two holes, and porous. The two-hole type is expected to hold a major share of this market during the forecast period owing to its ability to provide better temperature uniformity as compared with other types. On the basis of application, this market can be segmented into scientific research laboratories, R&D companies, schools & colleges/universities), and others (including hospitals & clinics).
Product Definition:
A digital thermostatic water bath is a device that maintains a constant temperature by regulating the flow of hot or cold water into the bath. This device is important for many scientific applications, such as chemical and biochemical reactions, enzyme studies, and immunological assays.
Single Hole:
Single hole is a term used for the temperature control system in water/steam based thermal processing units. It can be defined as a closed circuit with one thermocoupling port and one fluid connection. The single-hole type of technology is widely used in commercial laundry equipment, food processing industries, and pharmaceutical manufacturing facilities among others.
The global single hole market size was valued at USD 548 million in 2016.
Two Holes:
The two hole and it’s usage in the digital thermothyetic water bath market is that it helps to maintain a constant temperature of the surrounding environment. It does this by measuring and maintaining the temperature of a liquid, which is then transferred into an object via convection or conduction. The most common example of two hole devices are thermostats.
Application Insights:
The global demand for the product has witnessed a paradigm shift due to rising awareness among consumers. The school segment accounted for over 30% of the total market share in 2017 and is expected to witness significant growth over the forecast period. This can be attributed to increasing government funding towards education, coupled with rising real estate prices in major economies such as U.S., Canada, China and India that have resulted in increased construction spending by schools across the globe.
The scientific research segment held around 20% of the overall market share in 2017 owing to its ability to provide controlled temperature water at desired flow rates within 1 second without human intervention or additional equipment required for maintaining temperature control during chemical mixing or crystallization processes carried out within a lab environment at R&D companies and institutions worldwide.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing number of manufacturing facilities in emerging economies, such as China and India. In addition, growing medical tourism in these countries will drive the demand for digital thermostatic water bath systems over the forecast period.
North America accounted for a significant share in 2017 owing to high concentration of R&D companies across U.S., which are actively engaged in developing advanced therapeutics and vaccines at their research laboratories using cell culture techniques that require controlled temperature throughout their growth phase (i.e., Thermo Fisher Scientific). This factor is anticipated to propel product demand over the forecast period. Moreover, presence of key manufacturers including Emerson Electric Co.; Honeywell International Inc.
Growth Factors:
- Increasing demand for precision temperature control in various industries
- Rising research and development expenditure by pharmaceutical and biotechnology companies to develop new drugs and therapies
- Growing number of product launches by key players to cater to the increasing demand from end-use industries
- Technological advancements in digital thermostatic water baths that offer enhanced performance, accuracy, and reliability
- Increasing adoption of digital thermostatic water baths in academic institutions for research purposes
Scope Of The Report
Report Attributes
Report Details
Report Title
Digital Thermostatic Water Bath Market Research Report
By Type
Single Hole, Two Holes, Porous
By Application
School, Scientific Research, R & D Company, Others
By Companies
Thermo Fisher Scientific, Avantor, Biosan, JP SELECTA, Lauda, Camlab, Kerone, Fisher Scientific, JULABO, PolyScience, Brookfield
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
246
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Digital Thermostatic Water Bath Market Report Segments:
The global Digital Thermostatic Water Bath market is segmented on the basis of:
Types
Single Hole, Two Holes, Porous
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
School, Scientific Research, R & D Company, Others
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:
- Thermo Fisher Scientific
- Avantor
- Biosan
- JP SELECTA
- Lauda
- Camlab
- Kerone
- Fisher Scientific
- JULABO
- PolyScience
- Brookfield
Highlights of The Digital Thermostatic Water Bath 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:
- Single Hole
- Two Holes
- Porous
- By Application:
- School
- Scientific Research
- R & D Company
- Others
- 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 Digital Thermostatic Water Bath 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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 digital thermostatic water bath is a type of immersion circulator that uses a sensor to control the temperature of water in the bath. This allows you to maintain consistent temperatures for delicate or sensitive materials while they are being processed.
Some of the major companies in the digital thermostatic water bath market are Thermo Fisher Scientific, Avantor, Biosan, JP SELECTA, Lauda, Camlab, Kerone, Fisher Scientific, JULABO, PolyScience, Brookfield.
The digital thermostatic water bath market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Digital Thermostatic Water Bath 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 Digital Thermostatic Water Bath Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Digital Thermostatic Water Bath 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 Digital Thermostatic Water Bath 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 Digital Thermostatic Water Bath Market Size & Forecast, 2018-2028 4.5.1 Digital Thermostatic Water Bath Market Size and Y-o-Y Growth 4.5.2 Digital Thermostatic Water Bath Market Absolute $ Opportunity
Chapter 5 Global Digital Thermostatic Water Bath 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 Digital Thermostatic Water Bath Market Size Forecast by Type
5.2.1 Single Hole
5.2.2 Two Holes
5.2.3 Porous
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Digital Thermostatic Water Bath 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 Digital Thermostatic Water Bath Market Size Forecast by Applications
6.2.1 School
6.2.2 Scientific Research
6.2.3 R & D Company
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Digital Thermostatic Water Bath 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 Digital Thermostatic Water Bath 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 Digital Thermostatic Water Bath Analysis and Forecast
9.1 Introduction
9.2 North America Digital Thermostatic Water Bath 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 Digital Thermostatic Water Bath Market Size Forecast by Type
9.6.1 Single Hole
9.6.2 Two Holes
9.6.3 Porous
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 Digital Thermostatic Water Bath Market Size Forecast by Applications
9.10.1 School
9.10.2 Scientific Research
9.10.3 R & D Company
9.10.4 Others
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 Digital Thermostatic Water Bath Analysis and Forecast
10.1 Introduction
10.2 Europe Digital Thermostatic Water Bath 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 Digital Thermostatic Water Bath Market Size Forecast by Type
10.6.1 Single Hole
10.6.2 Two Holes
10.6.3 Porous
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 Digital Thermostatic Water Bath Market Size Forecast by Applications
10.10.1 School
10.10.2 Scientific Research
10.10.3 R & D Company
10.10.4 Others
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 Digital Thermostatic Water Bath Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Digital Thermostatic Water Bath 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 Digital Thermostatic Water Bath Market Size Forecast by Type
11.6.1 Single Hole
11.6.2 Two Holes
11.6.3 Porous
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 Digital Thermostatic Water Bath Market Size Forecast by Applications
11.10.1 School
11.10.2 Scientific Research
11.10.3 R & D Company
11.10.4 Others
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 Digital Thermostatic Water Bath Analysis and Forecast
12.1 Introduction
12.2 Latin America Digital Thermostatic Water Bath 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 Digital Thermostatic Water Bath Market Size Forecast by Type
12.6.1 Single Hole
12.6.2 Two Holes
12.6.3 Porous
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 Digital Thermostatic Water Bath Market Size Forecast by Applications
12.10.1 School
12.10.2 Scientific Research
12.10.3 R & D Company
12.10.4 Others
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) Digital Thermostatic Water Bath Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Digital Thermostatic Water Bath 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) Digital Thermostatic Water Bath Market Size Forecast by Type
13.6.1 Single Hole
13.6.2 Two Holes
13.6.3 Porous
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) Digital Thermostatic Water Bath Market Size Forecast by Applications
13.10.1 School
13.10.2 Scientific Research
13.10.3 R & D Company
13.10.4 Others
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 Digital Thermostatic Water Bath Market: Competitive Dashboard
14.2 Global Digital Thermostatic Water Bath Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Thermo Fisher Scientific
14.3.2 Avantor
14.3.3 Biosan
14.3.4 JP SELECTA
14.3.5 Lauda
14.3.6 Camlab
14.3.7 Kerone
14.3.8 Fisher Scientific
14.3.9 JULABO
14.3.10 PolyScience
14.3.11 Brookfield