Market Overview:
The global liquid source vaporizers market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for semiconductor and solar industry products, and the growing industrial sector. In terms of type, the small size segment is expected to grow at a higher CAGR than other segments during the forecast period. This can be attributed to its low cost and easy installation.
Product Definition:
Liquid Source Vaporizers are devices that allow the user to inhale vaporized liquids. They are often used to consume medical marijuana, as they provide a more efficient way of delivering the medication than smoking it. Liquid Source Vaporizers are also beneficial because they do not produce any smoke, which can be harmful to the lungs.
Small Size:
Small size liquid source vaporizers market is expected to witness significant growth over the forecast period owing to increasing demand for portable vaporizers and growing awareness regarding marijuana consumption. The legalization of cannabis in various countries coupled with rising consumer preference towards its use for medical purposes is anticipated to drive the small size liquid source vaporizer market growth over the next seven years.
Medium Size:
The size of the medium-sized liquid source vaporizers market is estimated to be around USD 1.5 billion in 2020 and is expected to grow at a CAGR of XX% from 2019 to 2025. The growth can be attributed primarily to the increasing demand for portable vaporizers, along with growing consumer awareness regarding herbal products that are healthy and safe for consumption.
Application Insights:
The others application segment includes the medical, vapor-compression refrigeration and food & beverage industries. Vaporizers find applications in these industries owing to their benefits such as cost-effectiveness, high efficiency and ease of use. The industrial segment is expected to be one of the prominent segments over the forecast period due to increasing demand for LSLV from this sector. Vaporizers are used in various industries including oil & gas, pharma/biotech, construction and mining among others for safety equipment or pharmaceutical inhalers due to their low maintenance requirement.
The semiconductor industry is anticipated to emerge as a key end user of liquid source vaporizer over the forecast period owing its growing need for cleanroom technology across various sectors such as electronics manufacturing and testing centers which require ultra-high purity levels during production processes leading to higher demand from this industry over the projected period (see table below).
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period owing to rapid industrialization and increasing awareness among end-users regarding benefits of LSLV. In addition, growing solar industry in China and India is likely to drive demand for liquid source vaporizers in Asia Pacific.
North America accounted for a significant share of revenue due to early adoption Liquid source vaporizers in U.S., which was followed by Canada, has been witnessing an increase since past few years on account of rising demand from several end-use industries such as semiconductor & electronics, pharmaceuticals & chemicals, food processing etc.
Growth Factors:
- Increasing demand for vaporizers from the healthcare sector as a mode of medication delivery
- Rising awareness about the benefits of using vaporizers over smoking cigarettes or other forms of tobacco consumption
- Growing popularity of cannabis-based products and their legalization in several countries across the world
- Technological advancements that have led to the development of new and innovative types of liquid source vaporizers
- The increasing number of online retailers offering a wide variety to choose from, making it easier for consumers to find the right product that meets their needs
Scope Of The Report
Report Attributes
Report Details
Report Title
Liquid Source Vaporizers Market Research Report
By Type
Small Size, Medium Size, Large Size
By Application
Semiconductor Industry, Solar Industry, Industrial, Others
By Companies
Horiba, Fujikin, Shavo, MSP(TSI), Nano Vacuum, Algas-SDI, Nikkiso Cryoquip, RASIRC, Acme Cryogenics, MKS, Brooks Instrument, Lintec
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
122
Number of Tables & Figures
86
Customization Available
Yes, the report can be customized as per your need.
Global Liquid Source Vaporizers Market Report Segments:
The global Liquid Source Vaporizers market is segmented on the basis of:
Types
Small Size, Medium Size, Large Size
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
Semiconductor Industry, Solar Industry, Industrial, 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:
- Horiba
- Fujikin
- Shavo
- MSP(TSI)
- Nano Vacuum
- Algas-SDI
- Nikkiso Cryoquip
- RASIRC
- Acme Cryogenics
- MKS
- Brooks Instrument
- Lintec
Highlights of The Liquid Source Vaporizers 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:
- Small Size
- Medium Size
- Large Size
- By Application:
- Semiconductor Industry
- Solar Industry
- Industrial
- 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 Liquid Source Vaporizers 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?
Liquid Source Vaporizers are a type of vaporizer that uses liquid instead of dry herb. They are often considered to be more efficient than other types of vaporizers, and they also tend to have longer battery life.
Some of the key players operating in the liquid source vaporizers market are Horiba, Fujikin, Shavo, MSP(TSI), Nano Vacuum, Algas-SDI, Nikkiso Cryoquip, RASIRC, Acme Cryogenics, MKS, Brooks Instrument, Lintec.
The liquid source vaporizers market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Liquid Source Vaporizers 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 Liquid Source Vaporizers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Liquid Source Vaporizers 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 Liquid Source Vaporizers 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 Liquid Source Vaporizers Market Size & Forecast, 2018-2028
4.5.1 Liquid Source Vaporizers Market Size and Y-o-Y Growth
4.5.2 Liquid Source Vaporizers Market Absolute $ Opportunity
Chapter 5 Global Liquid Source Vaporizers 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 Liquid Source Vaporizers Market Size Forecast by Type
5.2.1 Small Size
5.2.2 Medium Size
5.2.3 Large Size
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Liquid Source Vaporizers 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 Liquid Source Vaporizers Market Size Forecast by Applications
6.2.1 Semiconductor Industry
6.2.2 Solar Industry
6.2.3 Industrial
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Liquid Source Vaporizers 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 Liquid Source Vaporizers 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 Liquid Source Vaporizers Analysis and Forecast
9.1 Introduction
9.2 North America Liquid Source Vaporizers 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 Liquid Source Vaporizers Market Size Forecast by Type
9.6.1 Small Size
9.6.2 Medium Size
9.6.3 Large Size
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 Liquid Source Vaporizers Market Size Forecast by Applications
9.10.1 Semiconductor Industry
9.10.2 Solar Industry
9.10.3 Industrial
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 Liquid Source Vaporizers Analysis and Forecast
10.1 Introduction
10.2 Europe Liquid Source Vaporizers 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 Liquid Source Vaporizers Market Size Forecast by Type
10.6.1 Small Size
10.6.2 Medium Size
10.6.3 Large Size
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 Liquid Source Vaporizers Market Size Forecast by Applications
10.10.1 Semiconductor Industry
10.10.2 Solar Industry
10.10.3 Industrial
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 Liquid Source Vaporizers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Liquid Source Vaporizers 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 Liquid Source Vaporizers Market Size Forecast by Type
11.6.1 Small Size
11.6.2 Medium Size
11.6.3 Large Size
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 Liquid Source Vaporizers Market Size Forecast by Applications
11.10.1 Semiconductor Industry
11.10.2 Solar Industry
11.10.3 Industrial
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 Liquid Source Vaporizers Analysis and Forecast
12.1 Introduction
12.2 Latin America Liquid Source Vaporizers 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 Liquid Source Vaporizers Market Size Forecast by Type
12.6.1 Small Size
12.6.2 Medium Size
12.6.3 Large Size
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 Liquid Source Vaporizers Market Size Forecast by Applications
12.10.1 Semiconductor Industry
12.10.2 Solar Industry
12.10.3 Industrial
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) Liquid Source Vaporizers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Liquid Source Vaporizers 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) Liquid Source Vaporizers Market Size Forecast by Type
13.6.1 Small Size
13.6.2 Medium Size
13.6.3 Large Size
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) Liquid Source Vaporizers Market Size Forecast by Applications
13.10.1 Semiconductor Industry
13.10.2 Solar Industry
13.10.3 Industrial
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 Liquid Source Vaporizers Market: Competitive Dashboard
14.2 Global Liquid Source Vaporizers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Horiba
14.3.2 Fujikin
14.3.3 Shavo
14.3.4 MSP(TSI)
14.3.5 Nano Vacuum
14.3.6 Algas-SDI
14.3.7 Nikkiso Cryoquip
14.3.8 RASIRC
14.3.9 Acme Cryogenics
14.3.10 MKS
14.3.11 Brooks Instrument
14.3.12 Lintec
