NEW
YORK, July 31, 2024 /PRNewswire/ -- The
global hot plate stirrer market size is estimated to grow
by USD 437.42 million from 2024-2028,
according to Technavio. The market is estimated to grow at a CAGR
of over 6.37% during the forecast period. Advancements in design
and functioning of hot plate stirrers is driving market growth,
with a trend towards increased level of automation and improved
energy efficiency. However, threat of substitution and limited
success of promotional activities poses a challenge. Key market
players include Abdos Labtech Pvt. Ltd., AHN Biotechnologie GmbH,
Benchmark Scientific Inc., Biosan, Camlab Ltd., Cole Parmer
Instrument Co. LLC, Corning Inc., DLAB Scientific Inc., Electron
Microscopy Sciences, Genei Laboratories Pvt. Ltd., Heidolph
Instruments GmbH and CO. KG, Holmarc Opto Mechatronics Ltd., IKA
Werke GmbH and CO. KG, Merck KGaA, Neuation Technologies Pvt. Ltd.,
OHAUS Corp., Thermo Fisher Scientific Inc., VELP Scientifica Srl,
VWR International LLC, Falc Instruments Srl, and Grant Instruments
Cambridge Ltd..
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Hot Plate Stirrer
Market Scope
|
Report
Coverage
|
Details
|
Base year
|
2023
|
Historic
period
|
2018 - 2022
|
Forecast
period
|
2024-2028
|
Growth momentum &
CAGR
|
Accelerate at a CAGR of
6.37%
|
Market growth
2024-2028
|
USD 437.42
million
|
Market
structure
|
Fragmented
|
YoY growth 2022-2023
(%)
|
5.23
|
Regional
analysis
|
North America, Europe,
Asia, and Rest of World (ROW)
|
Performing market
contribution
|
North America at
39%
|
Key
countries
|
US, Canada, UK,
Germany, and China
|
Key companies
profiled
|
Abdos Labtech Pvt.
Ltd., AHN Biotechnologie GmbH, Benchmark Scientific Inc., Biosan,
Camlab Ltd., Cole Parmer Instrument Co. LLC, Corning Inc., DLAB
Scientific Inc., Electron Microscopy Sciences, Genei Laboratories
Pvt. Ltd., Heidolph Instruments GmbH and CO. KG, Holmarc Opto
Mechatronics Ltd., IKA Werke GmbH and CO. KG, Merck KGaA, Neuation
Technologies Pvt. Ltd., OHAUS Corp., Thermo Fisher Scientific Inc.,
VELP Scientifica Srl, VWR International LLC, Falc Instruments Srl,
and Grant Instruments Cambridge Ltd.
|
Market Driver
The hot plate stirrer market is witnessing significant growth
due to the increasing automation in laboratory processes. Early
magnetic stirrers used simple iron magnets with no coating to avoid
chemical reactions. However, advancements have led to the
development of programmable, digitally controlled magnetic
stirrers, reducing the need for human intervention. Energy
efficiency is a key focus area in this market, as magnetic stirrers
are known for their high energy consumption. Innovations aim to
minimize magnetic leakage and energy dissipation, making stirrers
more energy-efficient. Thermo Fisher Scientific Inc.'s RT2 advanced
digital hotplate stirrer is an example of this technology, offering
digital temperature and speed control with high precision. The
integration of these instruments with other devices and processes
increases flexibility, continuous process flow, and reduces
processing time and human supervision. Despite these advancements,
energy efficiency remains a significant challenge and a key driver
for market growth.
The Hot Plate Stirrer market is witnessing significant trends in
sample preparation, with new designs and controls prioritizing
usability and user preferences. Safety features, smart sensors, and
automation technologies are also gaining popularity for real-time
monitoring and operational efficiency. Accuracy and reproducibility
are crucial parameters for industries like pharmaceuticals and
biopharmaceuticals, leading to a demand for energy-efficient,
compact stirrers. Material science and engineering advancements
have resulted in durable stirrer components with corrosion
resistance, catering to the chemical research sector. Hybrid
technologies, such as magnetic and mechanical stirring, offer
versatility for various laboratory requirements. E-commerce
platforms and industrial goods suppliers are making these lab
essentials easily accessible. Laboratory testing services,
hospitals, and the surface tensiometer industry are key
consumers.
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Market Challenges
- In recent years, overhead stirrers, including hot plate
stirrers, have emerged as a popular alternative to magnetic
stirrers due to their versatility in handling small and large
sample volumes. Overhead stirrers utilize a detachable stirring
rod, which is motor-driven from an overhead housing, enhancing
flexibility and integration with lab equipment. However, the high
cost of purchase and maintenance restricts their adoption in
certain applications. In the magnetic stirrer market, hot plate
stirrers face competition from regular and multi-position magnetic
stirrers, making them substitutes for end-users. Vendors face
challenges in promoting hot plate stirrers due to limited brand
visibility and a low return on investment from advertising.
Instead, they focus on expanding distribution networks and
providing accurate, functional products with excellent after-sales
services. These factors may hinder the growth of the global hot
plate stirrer market during the forecast period.
- The Hot Plate Stirrer market encompasses magnetic stirrers and
conventional devices used for maintaining constant temperature and
stirring fluids in various industries. Challenges include ensuring
energy efficiency, reliability, and safety in these laboratory
requirements. Magnetic stirrers, featuring heating elements, coils,
and rotating magnets or magnetic fields, are popular for creating
homogeneous mixtures in pharmaceutical firms, biopharmaceutical
industry, hospitals, and surface tensiometer industry.
E-commerce platforms facilitate sales of industrial goods,
including these laboratory equipment. Automation, cleaning and
sterilization, and closed systems are essential for pharmaceutical
applications, microbiological applications, and biotechnological
applications. Efficiency, sensor response time, and safety
standards are crucial factors. Stirring rods and moving external
parts require attention for chemical applications, while
efficiency, sensor response time, and sensor accuracy are vital for
measuring instruments. Applications include titration, dialysis,
extraction, oil analysis, soil suspending, and organic synthesis.
Ensuring pH measurement and averting suspended matter are ongoing
challenges.
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challenges - Request a sample report!
Segment Overview
This hot plate stirrer market report extensively covers market
segmentation by
- Material
- End-user
- 2.1 Pharmaceutical and chemical
- 2.2 Academic research and clinical biology
- 2.3 Others
- Geography
- 3.1 North America
- 3.2 Europe
- 3.3 Asia
- 3.4 Rest of World (ROW)
1.1 Ceramic- The ceramic hot plate market is experiencing
growth due to the increasing demand for these products in
laboratories and healthcare facilities. Manufacturers prioritize
meeting the needs of researchers, scientists, and students by
providing high-quality, affordable ceramic hot plates. Ceramic's
resistance to corrosion, ability to handle high temperatures, and
easy-to-clean white surface make it an ideal choice for these
applications. Ceramic hot plates heat up quickly, offer
temperatures up to 450 degrees C, and are easy to wipe clean. Their
white surface is beneficial for titrations and other work requiring
clear visibility of color. However, ceramic plates have poor
temperature uniformity and cool edges, which may not be suitable
for users requiring even heating across the entire plate surface.
Despite this limitation, the advantages of ceramic hot plates are
expected to fuel the growth of the global hot plate stirrer market
during the forecast period.
For more information on market segmentation with geographical
analysis including forecast (2024-2028) and historic data
(2017-2021) - Download a Sample Report
Research Analysis
The Hot Plate Stirrer market encompasses magnetic stirrers, a
type of laboratory equipment used for maintaining a constant
temperature and stirring liquids to create a homogeneous mixture.
Magnetic stirrers consist of a heating element, coil, and a
rotating magnet or rotating magnetic field. These devices are
essential in various industries and laboratories for applications
such as chemical reactions, biotechnology, pharmaceuticals, and
food processing. E-commerce platforms and industrial goods
suppliers cater to the demand for hot plate stirrers. Laboratories
require magnetic stirrers for testing services, automation, energy
efficiency, and ensuring accurate sensor response times. Closed
systems, controls, safety features, interfaces, usability, user
preferences, smart sensors, and automation technologies are crucial
considerations in the design and functionality of hot plate
stirrers. The efficiency and accuracy of hot plate stirrers depend
on factors like fluid properties, sensor response time, and
measuring instruments. Magnetic mixers, which include stationary
electromagnets and rotating magnets, create a stirring process that
ensures a homogeneous mixture. Industrial and laboratory
requirements for hot plate stirrers continue to evolve, driving
innovation in the market.
Market Research Overview
Hot plate stirrers are essential laboratory equipment used for
maintaining a constant temperature while stirring fluids to create
a homogeneous mixture. They consist of a heating element, a coil,
and a magnetic stirrer. Magnetic stirrers use a rotating magnetic
field to create a stirring action in a container holding the fluid.
Laboratories require hot plate stirrers for various applications,
including pharmaceutical and biopharmaceutical industries,
hospitals, surface tensiometer industry, and more. E-commerce
platforms and industrial goods suppliers offer hot plate stirrers
with advanced features like automation, energy efficiency, and
safety standards. These devices are used in chemical applications
for growing microorganisms, averting suspended matter, and in
processes like titration, dialysis, extraction, oil analysis, soil
suspending, organic synthesis, and pH measurement. New designs
include compact and portable stirrers, smart sensors, and
automation technologies for improved performance and usability. Hot
plate stirrers are available in various types, including magnetic
mixers with rotating magnets and stationary electromagnets. The
reliability and safety features of these devices are crucial, as
they are used in sensitive applications. Efficiency, moving
external parts, and durability are essential factors in selecting
the right hot plate stirrer for specific laboratory requirements.
In summary, hot plate stirrers play a vital role in various
industries, from laboratory testing services to chemical research
and engineering applications. They offer numerous benefits,
including accuracy, reproducibility, real-time monitoring, and user
preferences. With new designs and advanced technologies, hot plate
stirrers continue to evolve, meeting the growing demands of various
industries.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- Material
-
- End-user
-
- Pharmaceutical And Chemical
- Academic Research And Clinical Biology
- Others
- Geography
-
- North America
- Europe
- Asia
- Rest Of World (ROW)
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
With over 500 specialized analysts, Technavio's report library
consists of more than 17,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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