Global Laboratory Temperature Control Products Market to Reach $2 Billion by 2030
The global market for Laboratory Temperature Control Products estimated at US$1.3 Billion in the year 2022, is projected to reach a revised size of US$2 Billion by 2030, growing at a CAGR of 5% over the analysis period 2022-2030. Incubators, one of the segments analyzed in the report, is projected to record 5.3% CAGR and reach US$840.7 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Baths segment is readjusted to a revised 4.5% CAGR for the next 8-year period.The U.S. Market is Estimated at $362.4 Million, While China is Forecast to Grow at 8.1% CAGR
The Laboratory Temperature Control Products market in the U.S. is estimated at US$362.4 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$433.3 Million by the year 2030 trailing a CAGR of 8.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.8% and 4.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.5% CAGR.Select Competitors (Total 31 Featured) -
- Agilent Technologies, Inc.
- Corning, Inc.
- IKA Werke GmbH & Co. KG
- JULABO GmbH
- Lauda Brinkmann, LP
- Thermo Fisher Scientific, Inc.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Agilent Technologies, Inc.
- Corning, Inc.
- IKA Werke GmbH & Co. KG
- JULABO GmbH
- Lauda Brinkmann, LP
- Thermo Fisher Scientific, Inc.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 218 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 1.3 Billion |
Forecasted Market Value ( USD | $ 2 Billion |
Compound Annual Growth Rate | 5.5% |
Regions Covered | Global |