Laboratory Temperature Control Units Market: By Product Type(Laboratory Temperature Controllers, Laboratory Thermostats, Laboratory Chillers, Laboratory Circulators, and Others), By Modality Type (Standalone/ benchtop, Portable/ handheld), By End-Use Type (Hospitals, Pharma & biotech Industry, Chemical Industry, Food & Beverage Industry, and Others) And Region - Global Analysis of Market Size, Share & Trends For 2021-2022 And Forecasts To 2032
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PRODUCT OVERVIEW
The Global Laboratory Temperature Control Units Market was valued at 538.45 million USD in 2021 and is expected to reach 970.3 million USD by 2032, increasing at a CAGR of 5.5% in the forecast period, i.e., from 2022-2032
Laboratory temperature control units are the equipment required to control the temperature conditions during any laboratory experiments. The Laboratory temperature control units include a variety of devices which control the temperature either by providing heat or extracting the heat from the object. Laboratory temperature control is used for regulating the temperature of a process within a small range to confirm the quality and efficiency of process. Assimilation of laboratory system technology includes programmed temperature monitoring during the complete process
MARKET HIGHLIGHTS
The Global Laboratory Temperature Control Units Market was valued at 538.45 million USD in 2021 and is expected to reach 970.3 million USD by 2032, increasing at a CAGR of 5.5% in the forecast period, i.e., from 2022-2032 owing to the increasing requirement and demand for temperature control units in several industries like biotech, pharma, chemical, and food processing industries is expected to boost the growth of Global Laboratory Temperature Control Units Market. The rising expenditure on research and development, and advancements in technology will assist the Laboratory Temperature Control Units Market growth during the forecast period.
Global Laboratory Temperature Control Units Market Segments:
- By Product Type
- Laboratory Temperature Controllers
- Laboratory Thermostats
- Laboratory Chillers
- Laboratory Circulators
- Others
- By Modality Type
- Standalone/ benchtop
- Portable/ handheld
- By End user
- Hospitals
- Pharma & biotech Industry
- Chemical Industry
- Food & Beverage Industry
- Others
Growth Drivers
Increasing demand for temperature control devices is expected to boost the growth of the market
Rising R&D is expected to drive the market growth
Restraint
Lack of awareness is expected to hamper the growth of market
Key Players
- Bio-Rad Laboratories
- Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis
- Delta Electronics, Inc.
- FRYKA-Kältetechnik GmbH
- Eurodifroid
- IKA
- JULABO GmbH
- Peter Huber Kältemaschinenbau AG
- LAUDA DR.R. WOBSER Beteiligungs-GmbH
- UFP TECHNOLOGIES, INC
- PolyScience
Global Laboratory Temperature Control Units Market is further segmented by region into:
- North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
- Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
- Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
- Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
- Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight into the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years to come
- 3-month post-sales analyst support.
- 1.Executive Summary
- 1.1. Regional Market Share
- 1.2.Business Trends
- 1.3. Global Laboratory Temperature Control Units Market: COVID-19 Outbreak
- 1.4. Regional Trends
- 1.5. Segmentation Snapshot
- 2.Research Methodology
- 2.1. Research Objective
- 2.2. Research Approach
- 2.3. Data Sourcing and Methodology
- 2.4. Primary Research
- 2.5. Secondary Research
- 2.5.1. Paid Sources
- 2.5.2. Public Sources
- 2.6. Market Size Estimation and Data Triangulation
- 3.Market Characteristics
- 3.1. Market Definition
- 3.2. Global Laboratory Temperature Control Units Market: COVID-19 Impact
- 3.3. Key Segmentations
- 3.4. Key Developments
- 3.5. Allied Industry Data
- 4.Global Laboratory Temperature Control Units Market – Industry Insights
- 4.1. Industry Segmentation
- 4.2. COVID-19 overview on world economy
- 4.3. Industry ecosystem Channel analysis
- 4.4. Innovation & Sustainability
- 5.Macroeconomic Indicators
- 6.Recent Developments
- 7.Market Dynamics
- 7.1. Introduction
- 7.2. Growth Drivers
- 7.3. Market Opportunities
- 7.4. Market Restraints
- 7.5. Market Trends
- 8.Risk Analysis
- 9.Market Analysis
- 9.1. Porters Five Forces
- 9.2. PEST Analysis
- 9.2.1.Political
- 9.2.2.Economic
- 9.2.3.Social
- 9.2.4.Technological
- 10. Global Laboratory Temperature Control Units Market
- 10.1.Overview
- 10.2.Historical Analysis (2016-2021)
- 10.2.1.Market Size, Y-o-Y Growth (%) and Market Forecast
- 11. Global Laboratory Temperature Control Units Market Size & Forecast 2022A-2032F
- 11.1.Overview
- 11.2.Key Findings
- 11.3.Market Segmentation
- 11.3.1.By Product Type
- 11.3.1.1.Laboratory Temperature Controllers
- 11.3.1.1.1. By Value (USD Million) 2022-2032F
- 11.3.1.1.2. Market Share (%) 2022-2032F
- 11.3.1.1.3. Y-o-Y Growth (%) 2022-2032F
- 11.3.1.2.Laboratory Thermostats
- 11.3.1.2.1. By Value (USD Million) 2022-2032F
- 11.3.1.2.2. Market Share (%) 2022-2032F
- 11.3.1.2.3. Y-o-Y Growth (%) 2022-2032F
- 11.3.1.3.Laboratory Chillers
- 11.3.1.3.1. By Value (USD Million) 2022-2032F
- 11.3.1.3.2. Market Share (%) 2022-2032F
- 11.3.1.3.3. Y-o-Y Growth (%) 2022-2032F
- 11.3.1.4.Laboratory Circulators
- 11.3.1.4.1. By Value (USD Million) 2022-2032F
- 11.3.1.4.2. Market Share (%) 2022-2032F
- 11.3.1.4.3. Y-o-Y Growth (%) 2022-2032F
- 11.3.1.5.Others
- 11.3.1.5.1. By Value (USD Million) 2022-2032F
- 11.3.1.5.2. Market Share (%) 2022-2032F
- 11.3.1.5.3. Y-o-Y Growth (%) 2022-2032F
- 11.3.2.By Modality Type
- 11.3.2.1.Standalone/ benchtop
- 11.3.2.1.1. By Value (USD Million) 2022-2032F
- 11.3.2.1.2. Market Share (%) 2022-2032F
- 11.3.2.1.3. Y-o-Y Growth (%) 2022-2032F
- 11.3.2.2.Portable/ handheld
- 11.3.2.2.1. By Value (USD Million) 2022-2032F
- 11.3.2.2.2. Market Share (%) 2022-2032F
- 11.3.2.2.3. Y-o-Y Growth (%) 2022-2032F
- 11.3.3.By End-Use Type
- 11.3.3.1.Hospitals
- 11.3.3.1.1. By Value (USD Million) 2022-2032F
- 11.3.3.1.2. Market Share (%) 2022-2032F
- 11.3.3.1.3. Y-o-Y Growth (%) 2022-2032F
- 11.3.3.2.Pharma & biotech Industry
- 11.3.3.2.1. By Value (USD Million) 2022-2032F
- 11.3.3.2.2. Market Share (%) 2022-2032F
- 11.3.3.2.3. Y-o-Y Growth (%) 2022-2032F
- 11.3.3.3.Chemical Industry
- 11.3.3.3.1. By Value (USD Million) 2022-2032F
- 11.3.3.3.2. Market Share (%) 2022-2032F
- 11.3.3.3.3. Y-o-Y Growth (%) 2022-2032F
- 11.3.3.4.Food & Beverage Industry
- 11.3.3.4.1. By Value (USD Million) 2022-2032F
- 11.3.3.4.2. Market Share (%) 2022-2032F
- 11.3.3.4.3. Y-o-Y Growth (%) 2022-2032F
- 11.3.3.5.Others
- 11.3.3.5.1. By Value (USD Million) 2022-2032F
- 11.3.3.5.2. Market Share (%) 2022-2032F
- 11.3.3.5.3. Y-o-Y Growth (%) 2022-2032F
- 12. North America Laboratory Temperature Control Units Market Size & Forecast 2022A-2032F
- 12.1.Overview
- 12.2.Key Findings
- 12.3.Market Segmentation
- 12.3.1.By Product Type
- 12.3.2.By Modality Type
- 12.3.3.By End Use Type
- 12.4.Country
- 12.4.1.United States
- 12.4.2.Canada
- 13. EuropeLaboratory Temperature Control Units Market Size & Forecast 2022A-2032F
- 13.1.Overview
- 13.2.Key Findings
- 13.3.Market Segmentation
- 13.3.1.By Product Type
- 13.3.2.By Modality Type
- 13.3.3.By End Use Type
- 13.4. Country
- 13.4.1.Germany
- 13.4.2.United Kingdom
- 13.4.3.France
- 13.4.4.Italy
- 13.4.5.Spain
- 13.4.6.Russia
- 13.4.7.Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
- 14. Asia Laboratory Temperature Control Units Market Size & Forecast 2022A-2032F
- 14.1.Overview
- 14.2.Key Findings
- 14.3.Market Segmentation
- 14.3.1.By Product Type
- 14.3.2.By Modality Type
- 14.3.3.By End Use Type
- 14.4. By Country
- 14.4.1.India
- 14.4.2.China
- 14.4.3.South Korea
- 14.4.4.Japan
- 14.4.5.Rest of APAC
- 15. Middle East and Africa Laboratory Temperature Control Units Market Size & Forecast 2022A-2032F
- 15.1.Overview
- 15.2.Key Findings
- 15.3. Market Segmentation
- 15.3.1.By Product Type
- 15.3.2.By Modality Type
- 15.3.3.By End Use Type
- 15.4. Country
- 15.4.1.Israel
- 15.4.2.GCC
- 15.4.3.North Africa
- 15.4.4.South Africa
- 15.4.5.Rest of Middle East and Africa
- 16. Latin America Laboratory Temperature Control Units Market Size & Forecast 2022A-2032F
- 16.1.Overview
- 16.2.Key Findings
- 16.3.Market Segmentation
- 16.3.1.By Product Type
- 16.3.2.By Modality Type
- 16.3.3.By End Use Type
- 16.4. Country
- 16.4.1.Mexico
- 16.4.2.Brazil
- 16.4.3.Rest of Latin America
- 17. Competitive Landscape
- 17.1.Company market share, 2021
- 17.2.Key player overview
- 17.3.Key stakeholders
- 18. Company Profiles
- 18.1. Bio-Rad Laboratories
- 18.1.1.Company Overview
- 18.1.2.Financial Overview
- 18.1.3.Key Product; Analysis
- 18.1.4.Company Assessment
- 18.1.4.1.Product Portfolio
- 18.1.4.2.Key Clients
- 18.1.4.3.Market Share
- 18.1.4.4.Recent News & Development (Last 3 Yrs.)
- 18.1.4.5.Executive Team
- 18.2. Delta Electronics, Inc.
- 18.3. FRYKA-Kältetechnik GmbH
- 18.4. Eurodifroid
- 18.5. IKA
- 18.6. JULABO GmbH
- 18.7. Peter Huber Kältemaschinenbau AG
- 18.8. LAUDA DR.R. WOBSER Beteiligungs-GmbH
- 18.9. UFP TECHNOLOGIES, INC
- 18.10.PolyScience
- 18.11.Other prominent players
- 19. Appendix
- 20. Consultant Recommendation
Research Assistance
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