Laboratory Heating Plates Market Scope
Laboratory Hot plates are electronic devices used to uniformly heat the liquid with or without stirring it. Some hot plates also contain a magnetic stirrer, allowing the heated liquid to be stirred automatically. Two alternative methods for heating glassware using a hotplate are available such as one method is to suspend glassware slightly above the surface of the plate with no direct contact and the other one is called a teepee set up as it is to suspend glassware above a plate and surround the flask by a skirt of tinfoil.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Corning Incorporated (United States), TEK Solutions, LLC. (United States), C. Gerhardt GmbH & Co. KG. (Germany), JP SELECTA S.A. (Spain), witeg Labortechnik (Germany), VELP Scientifica (Italy), Syrris Ltd (United Kingdom), Labtech S.R.L. (Italy), Normax (Portugal) and Cole-Parmer (United Kingdom) |
CAGR | % |
The market for the laboratory heating plate is fragmented with the presence of many players. Leading players can adopt strategies like a merger, acquisition, expansion, new product launch, in order to gain share within the market. Owing to booming industrialization & urbanization, there are growing prospects for new players to enter the market. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Laboratory Heating Plates market throughout the predicted period.
Corning Incorporated (United States), TEK Solutions, LLC. (United States), C. Gerhardt GmbH & Co. KG. (Germany), JP SELECTA S.A. (Spain), witeg Labortechnik (Germany), VELP Scientifica (Italy), Syrris Ltd (United Kingdom), Labtech S.R.L. (Italy), Normax (Portugal) and Cole-Parmer (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Labotect (Germany), JISICO CO., LTD. (Korea), LOIP Ltd. (Russia), Meta-Lab Scientific Industries (India) and TEMPO Instruments Pvt. Ltd. (India).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Laboratory Heating Plates market by Type , by Application (Pharmaceutical, Healthcare, Research Laboratories and Others) and Region with country level break-up.
On the basis of geography, the market of Laboratory Heating Plates has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In February 2022, The equipment of our testing lab has been enlarged with the new acquisition of a hot-plate press.Our laboratories are located at the Polytechnic School of the University of Girona and the Girona’s Technology Park. The Composite Testing Lab is a highly capable composites testing laboratory based in Girona’s Technology Park.
In June 2021,Torrey Pines Scientific, Inc announces its new line of corrosion-resistant multi-position stirring analog hot plates and stirrers featuring five or nine stirring positions making them ideal for acid digestions and working with most any corrosive solutions.
Influencing Trend:
Increasing Demand for Laboratory Hot Plates in Medical Institutes
Market Growth Drivers:
Increasing Demand from End-Use Industry for Heating Solutions and Materials
Challenges:
Laboratory Hot Plates offers Limited Generation of Heat
Restraints:
High Cost of Laboratory Hot Plates and Improper Use of Laboratory Hot Plates May Result in Fire
Opportunities:
Growing Use of Laboratory Hot Plates in Health Care Sector
Key Target Audience
Laboratory Heating Plate Manufacturers, New Entrants/Investors, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Government Regulatory and Research Organizations, End-Use Industry and Others