Hot Plate Stirrer Market by End-user and Geography - Forecast and Analysis 2021-2025

  • Published: Aug 2021
  • Pages: 120
  • SKU: IRTNTR46460
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The hot plate stirrer market has the potential to grow by USD 254.45 million during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 6.28%.

This hot plate stirrer market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by end-user (pharmaceutical and chemical, academic research and clinical biology, and others) and geography (North America, Europe, Asia, and ROW). The hot plate stirrer market report also offers information on several market vendors, including AHN Biotechnologie GmbH, Benchmark Scientific Inc., Camlab Ltd., Corning Inc., Electron Microscopy Sciences, Falc Instruments Srl, Grant Instruments (Cambridge) Ltd., Heidolph Instruments GmbH and CO. KG, and IKA-Werke GmbH and CO. KG among others.

What will the Hot Plate Stirrer Market Size be in 2021?

Hot-Plate-Stirrer-Market-Market-Size-2020-2025

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Hot Plate Stirrer Market: Key Drivers and Trends

Based on our research output, there has been a neutral impact on the market growth during and post COVID-19 era. The advances in technology is notably driving the hot plate stirrer market growth, although factors such as threat of substitution and limited success of promotional activities may impede market growth. To unlock information on the key market drivers and the COVID-19 pandemic impact on the hot plate stirrer market get your FREE report sample now.

This hot plate stirrer market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. Get detailed insights on the trends and challenges, which will help companies evaluate and develop growth strategies.

Who are the Major Hot Plate Stirrer Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • AHN Biotechnologie GmbH
  • Benchmark Scientific Inc.
  • Camlab Ltd.
  • Corning Inc.
  • Electron Microscopy Sciences
  • Falc Instruments Srl
  • Grant Instruments (Cambridge) Ltd.
  • Heidolph Instruments GmbH and CO. KG
  • IKA-Werke GmbH and CO. KG

 

The hot plate stirrer market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the hot plate stirrer market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Hot Plate Stirrer Market?

Hot-Plate-Stirrer-Market-Market-Share-by-Region-2020-2025

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40% of the market’s growth will originate from North America during the forecast period. The US and Canada are the key markets for hot plate stirrer market in North America. 

The report offers an up-to-date analysis of the geographical composition of the market. North America has been recording a significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. Growth of primary end-users will facilitate the hot plate stirrer market growth in North America over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating End-user Segments in the Hot Plate Stirrer Market?

Hot-Plate-Stirrer-Market-Market-Share-by-End-2020-2025

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The hot plate stirrer market share growth by the pharmaceutical and chemical segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency.

Request for a free sample of the report to get an exclusive glimpse of actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the hot plate stirrer market size.

 

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What are the Key Factors Covered in this Hot Plate Stirrer Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive hot plate stirrer market growth during the next five years
  • Precise estimation of the hot plate stirrer market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the hot plate stirrer market across North America, Europe, Asia, and ROW 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of hot plate stirrer market vendors

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Hot Plate Stirrer Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 6%

Market growth 2021-2025

$ 254.45 million

Market structure

Fragmented

YoY growth (%)

5.97

Regional analysis

North America, Europe, Asia, and ROW

Performing market contribution

North America at 40%

Key consumer countries

US, UK, Germany, China, and Canada

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Product/Service Segments, Key Offering, AHN Biotechnologie GmbH, Benchmark Scientific Inc., Camlab Ltd., Corning Inc., Electron Microscopy Sciences, Falc Instruments Srl, Grant Instruments (Cambridge) Ltd., Heidolph Instruments GmbH and CO. KG, and IKA-Werke GmbH and CO. KG

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by End-user

    • Market segments
    • Comparison by End-user
    • Pharmaceutical and chemical - Market size and forecast 2020-2025
    • Academic research and clinical biology - Market size and forecast 2020-2025
    • Others - Market size and forecast 2020-2025
    • Market opportunity by End-user

    Customer landscape

    • Overview

    Geographic Landscape

    • Geographic segmentation
    • Geographic comparison
    • North America - Market size and forecast 2020-2025
    • Europe - Market size and forecast 2020-2025
    • Asia - Market size and forecast 2020-2025
    • ROW - Market size and forecast 2020-2025
    • Key leading countries
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Market trends

    Vendor Landscape

    • Landscape disruption

    Vendor Analysis

    • Vendors covered
    • Market positioning of vendors
    • AHN Biotechnologie GmbH
    • Benchmark Scientific Inc.
    • Camlab Ltd.
    • Corning Inc.
    • Electron Microscopy Sciences
    • Falc Instruments Srl
    • Grant Instruments (Cambridge) Ltd.
    • Heidolph Instruments GmbH and CO. KG
    • IKA-Werke GmbH and CO. KG

    Appendix

    • Scope of the report
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

    Research Framework

    Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

    TechnavioINFORMATION SOURCES

    Primary sources

    • Manufacturers and suppliers
    • Channel partners
    • Industry experts
    • Strategic decision makers

    Secondary sources

    • Industry journals and periodicals
    • Government data
    • Financial reports of key industry players
    • Historical data
    • Press releases
    Technavio

    TechnavioDATA ANALYSIS

    Data Synthesis

    • Collation of data
    • Estimation of key figures
    • Analysis of derived insights

    Data Validation

    • Triangulation with data models
    • Reference against proprietary databases
    • Corroboration with industry experts
    Technavio

    TechnavioREPORT WRITING

    Qualitative

    • Market drivers
    • Market challenges
    • Market trends
    • Five forces analysis

    Quantitative

    • Market size and forecast
    • Market segmentation
    • Geographical insights
    • Competitive landscape
    Interested in this report?
    Get your FREE sample now!
    The hot plate stirrer market growth will increase by $235.11 million during 2019-2024.
    The hot plate stirrer market is expected to grow at a CAGR of 6.25% during 2019-2024.
    Technavio has segmented the hot plate stirrer market by end user (Pharmaceutical and chemical, Academic research and clinical biology, and Others) and geographic (North America, APAC, Europe, MEA, and South America).
    Benchmark Scientific Inc., Camlab Ltd., Corning Inc., Heidolph Instruments GmbH & CO. KG, IKA-Werke GmbH & CO. KG, Merck KGaA, NICKEL-ELECTRO Ltd., OHAUS Corp., Thermo Fisher Scientific Inc., VELP Scientifica Srl are a few of the key vendors in the hot plate stirrer market.
    APAC will register the highest growth rate of 38.76% among the other regions. Therefore, the hot plate stirrer market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
    The key factors driving the hot plate stirrer market growth are:
    • Advances in technology
    The hot plate stirrer market vendors should focus on grabbing business opportunities from the pharmaceutical and chemical segment as it accounted for the largest market share in the base year.
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