Market Overview:
The global thermostatic water baths 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 thermostatic water baths from research institutes and industry across the globe. In addition, the growing awareness about the benefits of using thermostatic water baths is also contributing to the growth of this market. The global thermostatic water baths market can be segmented on the basis of type into circulating water baths and shaking water baths. The circulating water bath segment is expected to account for a larger share of this market than the shaking bath segment duringthe forecast period from 2018to 2030. This can be attributed to their ability tomaintain temperature stability and uniformity across different areasof a sample while shakingwaterbaths are limited in termsof sizeand capacity.
Product Definition:
A thermostatic water bath is a device that maintains a constant temperature of fluid in its bath. The importance of thermostatic water baths is to maintain the temperature of fluids for chemical and biological experiments, as well as to keep materials at specific temperatures for manufacturing processes.
Circulating Water Baths:
Circulating water bath is a closed system which uses moving water to facilitate the desired temperature change. The system comprises of a tank, heat exchanger and circulation pump. The circulating water bath can be used with thermostatic or thermocline systems and is particularly useful in applications where the temperature difference between two zones should be minimized.
Shaking Water Baths:
Shaking water bath is a mechanical device used in thermostatic water baths for mixing and agitating the contents of the bathing chamber. It helps in maintaining an even temperature throughout the bathing area by reducing hot spots and ensuring uniform heating.
The advantages of using a shaking water bath over other types of mixers are that it does not require any external power source, its base can be mounted on the floor, it has no moving parts that can wear out or break down.
Application Insights:
The industry is segmented on the basis of application into research institutes, industry and others. Research institutes held the largest share in 2017. Thermostatic water baths are widely used in laboratories for cleaning equipment, sterilizing tools and glassware, heating or cooling solutions as per requirement. The circulation type of thermostatic water bath is most commonly used for industrial purposes across all regions due to its low cost and easy installation procedures.
The research sector has been one of the major consumers of these products over recent years owing to their wide-scale use in high-quality assurance processes such as validation/verification testing, proficiency testing & training centers along with continuous product enhancement activities carried out by market players involved within this sector over recent years which has resulted in driving growth within this segment at a significant rate during forecast period 2018 - 2030 ¢â‚¬â€œ 2030.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of industry players and high adoption rate for advanced technologies. The region is expected to maintain its dominance over the forecast period due to increasing R&D activities in universities and research centers. Moreover, increasing healthcare expenditure by governments is also one of the major factors contributing toward market growth.
Asia Pacific is anticipated to be one of the fastest-growing regions during the forecast period owing to rising awareness about these baths among researchers working in various industries such as pharmaceuticals, biotechnology, food science & technology etc. In addition, growing medical tourism industry will also boost demand for these baths across this region over next eight years.
Europe was estimated as second largest regional segment followed by Asia Pacific in 2017 owing with high demand from end-use industries such as pharmaceuticals.
Growth Factors:
- Increasing demand for precision and accuracy in laboratory experiments and procedures
- Growing number of research institutes and universities globally
- Rising application of thermostatic water baths in biotechnology and pharmaceuticals sector
- Technological advancements in the design of thermostatic water baths that offer enhanced performance features
- Increasing awareness about the benefits of using thermostatic water baths among researchers
Scope Of The Report
Report Attributes
Report Details
Report Title
Thermostatic Water Baths Market Research Report
By Type
Circulating Water Baths, Shaking Water Baths
By Application
Research Institutes, Industry
By Companies
IKA, JULABO GmbH, Lauda Dr. R. Wobser GmbH & Co. KG, J.P Selecta, Grant Instruments, FALC Instruments, Memmert, Huber, Fungilab, PolyScience, Sheldon Manufacturing
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
198
Number of Tables & Figures
139
Customization Available
Yes, the report can be customized as per your need.
Global Thermostatic Water Baths Market Report Segments:
The global Thermostatic Water Baths market is segmented on the basis of:
Types
Circulating Water Baths, Shaking Water Baths
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
Research Institutes, Industry
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:
- IKA
- JULABO GmbH
- Lauda Dr. R. Wobser GmbH & Co. KG
- J.P Selecta
- Grant Instruments
- FALC Instruments
- Memmert
- Huber
- Fungilab
- PolyScience
- Sheldon Manufacturing
Highlights of The Thermostatic Water Baths 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:
- Circulating Water Baths
- Shaking Water Baths
- By Application:
- Research Institutes
- Industry
- 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 Thermostatic Water Baths 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.
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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?
Thermostatic water baths are a type of immersion circulator that use a temperature controller to maintain the desired bath temperature. They are often used in scientific laboratories to keep samples at specific temperatures, and they can also be used in food processing plants to control the temperature of hot liquids or steam.
Some of the major players in the thermostatic water baths market are IKA, JULABO GmbH, Lauda Dr. R. Wobser GmbH & Co. KG, J.P Selecta, Grant Instruments, FALC Instruments, Memmert, Huber, Fungilab, PolyScience, Sheldon Manufacturing.
The thermostatic water baths 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 Thermostatic Water Baths 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 Thermostatic Water Baths Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Thermostatic Water Baths 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 Thermostatic Water Baths 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 Thermostatic Water Baths Market Size & Forecast, 2018-2028 4.5.1 Thermostatic Water Baths Market Size and Y-o-Y Growth 4.5.2 Thermostatic Water Baths Market Absolute $ Opportunity
Chapter 5 Global Thermostatic Water Baths 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 Thermostatic Water Baths Market Size Forecast by Type
5.2.1 Circulating Water Baths
5.2.2 Shaking Water Baths
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Thermostatic Water Baths 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 Thermostatic Water Baths Market Size Forecast by Applications
6.2.1 Research Institutes
6.2.2 Industry
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Thermostatic Water Baths 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 Thermostatic Water Baths 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 Thermostatic Water Baths Analysis and Forecast
9.1 Introduction
9.2 North America Thermostatic Water Baths 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 Thermostatic Water Baths Market Size Forecast by Type
9.6.1 Circulating Water Baths
9.6.2 Shaking Water Baths
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 Thermostatic Water Baths Market Size Forecast by Applications
9.10.1 Research Institutes
9.10.2 Industry
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 Thermostatic Water Baths Analysis and Forecast
10.1 Introduction
10.2 Europe Thermostatic Water Baths 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 Thermostatic Water Baths Market Size Forecast by Type
10.6.1 Circulating Water Baths
10.6.2 Shaking Water Baths
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 Thermostatic Water Baths Market Size Forecast by Applications
10.10.1 Research Institutes
10.10.2 Industry
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 Thermostatic Water Baths Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Thermostatic Water Baths 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 Thermostatic Water Baths Market Size Forecast by Type
11.6.1 Circulating Water Baths
11.6.2 Shaking Water Baths
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 Thermostatic Water Baths Market Size Forecast by Applications
11.10.1 Research Institutes
11.10.2 Industry
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 Thermostatic Water Baths Analysis and Forecast
12.1 Introduction
12.2 Latin America Thermostatic Water Baths 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 Thermostatic Water Baths Market Size Forecast by Type
12.6.1 Circulating Water Baths
12.6.2 Shaking Water Baths
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 Thermostatic Water Baths Market Size Forecast by Applications
12.10.1 Research Institutes
12.10.2 Industry
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) Thermostatic Water Baths Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Thermostatic Water Baths 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) Thermostatic Water Baths Market Size Forecast by Type
13.6.1 Circulating Water Baths
13.6.2 Shaking Water Baths
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) Thermostatic Water Baths Market Size Forecast by Applications
13.10.1 Research Institutes
13.10.2 Industry
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 Thermostatic Water Baths Market: Competitive Dashboard
14.2 Global Thermostatic Water Baths Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 IKA
14.3.2 JULABO GmbH
14.3.3 Lauda Dr. R. Wobser GmbH & Co. KG
14.3.4 J.P Selecta
14.3.5 Grant Instruments
14.3.6 FALC Instruments
14.3.7 Memmert
14.3.8 Huber
14.3.9 Fungilab
14.3.10 PolyScience
14.3.11 Sheldon Manufacturing