Market Overview:
The global lab thermo mixing devices market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for laboratory thermo mixers and lab shakers in various end-use industries such as industrial, biotechnology, agriculture, and others. Additionally, the growing awareness about the benefits of using these devices is also propelling the growth of this market. Based on type, the global lab thermo mixing devices market can be segmented into laboratory thermomixers and lab shakers. Laboratory thermomixers are further classified into magnetic stirrers and vortex mixers. Magnetic stirrers are used for gentle stirring of solutions with low viscosity while vortex mixers are used for vigorous stirring of solutions with high viscosity. On the basis of application,the global lab thermo mixing devices market can be divided into industrial applications, biotechnology applications, agricultural applications,,and other applications such as academic research institutes and forensic laboratories . Among these segments ,industrial applications held a dominant share in 2017and is projected to maintain its dominance duringthe forecast period . This can be attributedto th egrowing demand from various end-use industries such as pharmaceuticals ,chemicals ,food & beverage processing ,and others .
Product Definition:
Lab thermo mixing devices are instruments that are used to mix two or more substances together. The device uses heat to help the substances blend together. This is important because it can help create a more accurate mixture, which is important for scientific research.
Lab Shakers:
The Lab shakers are used to mix the lab test samples and also to measure the speed of sound. The Lab shakers are available in different forms such as portable, bench top, and high-speed.
Laboratory Thermo Mixers:
Laboratory thermo mixers are used to combine the heat from Lab Thermo and transfer it to another container. It is also known as heat exchanger or heat motor. The main function of these devices is to maintain constant temperature during thermal experiments, by moving the heat between two containers connected by an thermopile or a thermocapable link.
Application Insights:
The industrial application segment dominated the global lab thermo mixing devices market in 2017, accounting for over 60.0% share of the total revenue. The growth of this segment can be attributed to increasing demand for lab thermometers from various industries including oil & gas, chemical, petrochemical and pharmaceuticals. Industrial applications include process control and quality assessment in manufacturing as well as research activities at a laboratory level.
Lab thermometers are used to measure temperature during processing or production in an industrial unit which includes warehousing & storage facilities, assembly lines or workstations where heat is generated due to friction or other mechanical causes e.g.
Regional Analysis:
North America dominated the global market in 2017. The U.S.-based companies are involved in extensive research activities and have developed advanced products for use in various industries, including biotechnology, pharmaceuticals, food science & technology and chemical engineering. These players are focusing on strategic initiatives to enhance their product portfolio and ensure high-quality standards across all of their offerings.
Asia Pacific is expected to witness the fastest growth over the forecast period owing to increasing R&D activities by various organizations based out of China as well as Japan coupled with government support for higher spending on scientific research & development (R&D). In addition, rising awareness about lab-on-chip technologies is anticipated to fuel demand over the next eight years.
Growth Factors:
- Increasing demand for Lab Thermo Mixing Devices in the pharmaceutical and biotechnology industries for drug discovery and development.
- Growing demand from academic research institutes for use in basic and applied research studies.
- Increasing number of approvals for new drugs by regulatory agencies, which is driving the need for more efficient lab thermo mixing devices to support drug development process.
- Technological advancements that are resulting in miniaturization of lab thermo mixing devices, making them more portable and easier to use in a variety of applications.
Scope Of The Report
Report Attributes
Report Details
Report Title
Lab Thermo Mixing Devices Market Research Report
By Type
Lab Shakers, Laboratory Thermo Mixers
By Application
Industrial, Biotechnology, Agriculture, Other
By Companies
Thermo Scientific, Eppendorf, ESCO, IKA, Ohaus, Steinfurth, Cole-Parmer
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
132
Number of Tables & Figures
93
Customization Available
Yes, the report can be customized as per your need.
Global Lab Thermo Mixing Devices Market Report Segments:
The global Lab Thermo Mixing Devices market is segmented on the basis of:
Types
Lab Shakers, Laboratory Thermo Mixers
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
Industrial, Biotechnology, Agriculture, Other
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 Scientific
- Eppendorf
- ESCO
- IKA
- Ohaus
- Steinfurth
- Cole-Parmer
Highlights of The Lab Thermo Mixing Devices 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:
- Lab Shakers
- Laboratory Thermo Mixers
- By Application:
- Industrial
- Biotechnology
- Agriculture
- Other
- 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 Lab Thermo Mixing Devices 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
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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?
Lab Thermo Mixing Devices are used to mix different types of chemicals and liquids. They come in a variety of sizes and shapes, and can be mounted on a stand or bench for easy use.
Some of the key players operating in the lab thermo mixing devices market are Thermo Scientific, Eppendorf, ESCO, IKA, Ohaus, Steinfurth, Cole-Parmer.
The lab thermo mixing devices market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Lab Thermo Mixing Devices 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 Lab Thermo Mixing Devices Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Lab Thermo Mixing Devices 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 Lab Thermo Mixing Devices 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 Lab Thermo Mixing Devices Market Size & Forecast, 2018-2028 4.5.1 Lab Thermo Mixing Devices Market Size and Y-o-Y Growth 4.5.2 Lab Thermo Mixing Devices Market Absolute $ Opportunity
Chapter 5 Global Lab Thermo Mixing Devices 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 Lab Thermo Mixing Devices Market Size Forecast by Type
5.2.1 Lab Shakers
5.2.2 Laboratory Thermo Mixers
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Lab Thermo Mixing Devices 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 Lab Thermo Mixing Devices Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Biotechnology
6.2.3 Agriculture
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Lab Thermo Mixing Devices 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 Lab Thermo Mixing Devices 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 Lab Thermo Mixing Devices Analysis and Forecast
9.1 Introduction
9.2 North America Lab Thermo Mixing Devices 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 Lab Thermo Mixing Devices Market Size Forecast by Type
9.6.1 Lab Shakers
9.6.2 Laboratory Thermo Mixers
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 Lab Thermo Mixing Devices Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Biotechnology
9.10.3 Agriculture
9.10.4 Other
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 Lab Thermo Mixing Devices Analysis and Forecast
10.1 Introduction
10.2 Europe Lab Thermo Mixing Devices 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 Lab Thermo Mixing Devices Market Size Forecast by Type
10.6.1 Lab Shakers
10.6.2 Laboratory Thermo Mixers
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 Lab Thermo Mixing Devices Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Biotechnology
10.10.3 Agriculture
10.10.4 Other
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 Lab Thermo Mixing Devices Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Lab Thermo Mixing Devices 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 Lab Thermo Mixing Devices Market Size Forecast by Type
11.6.1 Lab Shakers
11.6.2 Laboratory Thermo Mixers
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 Lab Thermo Mixing Devices Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Biotechnology
11.10.3 Agriculture
11.10.4 Other
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 Lab Thermo Mixing Devices Analysis and Forecast
12.1 Introduction
12.2 Latin America Lab Thermo Mixing Devices 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 Lab Thermo Mixing Devices Market Size Forecast by Type
12.6.1 Lab Shakers
12.6.2 Laboratory Thermo Mixers
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 Lab Thermo Mixing Devices Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Biotechnology
12.10.3 Agriculture
12.10.4 Other
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) Lab Thermo Mixing Devices Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Lab Thermo Mixing Devices 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) Lab Thermo Mixing Devices Market Size Forecast by Type
13.6.1 Lab Shakers
13.6.2 Laboratory Thermo Mixers
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) Lab Thermo Mixing Devices Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Biotechnology
13.10.3 Agriculture
13.10.4 Other
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 Lab Thermo Mixing Devices Market: Competitive Dashboard
14.2 Global Lab Thermo Mixing Devices Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Thermo Scientific
14.3.2 Eppendorf
14.3.3 ESCO
14.3.4 IKA
14.3.5 Ohaus
14.3.6 Steinfurth
14.3.7 Cole-Parmer