Global Circulating Water Baths Market Research Report 2017 tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the Copper Strips market. This research report offers in-depth analysis of the market size (revenue), market share, major market segments, and different geographic regions, forecast for the next five years, key market players, and premium industry trends. It also focuses on the key drivers, restraints, opportunities and challenges.
Leading companies are Grant Instruments, JULABO, PolyScience, Thermo Fisher Scientific, Benchmark Scientific, Cole-Parmer, Boekel Scientific, C&A Scientific, Carolina Biological Supply, Edvotek, Heidolph, Peter Huber Kältemaschinenbau, Humboldt, and IKA Works.
The vast market research data included in the study is the result of extensive primary and secondary research activities. Surveys, personal interviews, and inputs from industry experts form the crux of primary research activities and data collected from trade journals, industry databases, and reputable paid sources form the basis of secondary research. The report also includes a detailed qualitative and quantitative analysis of the market, with the help of information collected from market participants operating across key sectors of the market value chain. A separate analysis of macro- and micro-economic aspects, regulations, and trends influencing the overall development of the market is also included in the report.
Key questions answered in this report are what will the market size be in 2021 and what will the growth rate be? What are the key market trends?, What is driving this market?, What are the challenges to market growth?, Who are the key vendors in this market space?, What are the market opportunities and threats faced by the key vendors?, What are the strengths and weaknesses of the key vendors?
This report provides in-depth analysis of the Circulating Water Baths and provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR (%)) for the forecast period: 2017 – 2021, considering 2016 as the base year. It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market. This study also provides key insights about market drivers, restraints, opportunities, new product launches, approvals, regional outlook, and competitive strategies adopted by the leading players. It profiles leading players in the global Circulating Water Baths market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies and future plans Key companies covered as a part of this study include. Insights from this report would allow marketers and management authorities of companies to make informed decision with respect to their future product launches, market expansion, and marketing tactics. The global Circulating Water Baths market report caters to various stakeholders in this industry, including investors, device manufacturers, distributors and suppliers for Circulating Water Baths equipment, government organizations, research and consulting firms, new entrants, and financial analysts. Various strategy matrices used in analyzing the Circulating Water Baths market would provide stakeholders vital inputs to make strategic decisions accordingly.
Available complete report of this research with TOC and List of Figures at: https://www.marketinsightsreports.com/reports/06169421/global-circulating-water-baths-market-2017-to-2021
Commenting on the report, an analyst from MIR’s team said: “The latest trend gaining momentum in the market is flexibility of equipment. Of late, laboratories have been demanding more flexibility in almost all laboratory products for better use of the equipment and to save on costs. The circulating water baths have been incorporated with features and accessories that improve the flexibility of these products allowing the same equipment to be used for several processes within the laboratory. The raw materials that are used are rust-resistant and can be used for longer periods, which, in turn, reduces the expenses of the user in changing the equipment.”
According to the report, one of the major drivers for this market is rapid growth of e-commerce. The rapid growth of the e-commerce industry over the past few years has created new opportunities for laboratory equipment manufacturers with respect to supply and expansion. It has been seen that the sales rate in e-commerce channels will grow by approximately 11-12% in the UK and 9-10% in the US by 2021.
Further, the report states that one of the major factors hindering the growth of this market is high cost of equipment. The cost of a laboratory water bath generally ranges between $380 – $7,500 depending on the type of water bath and the manufacturer. Generally, a regular circulating water bath costs around $850. The additional charges for continual service and maintenance will further add to the total cost of ownership, making it a relatively large investment. Though the total cost of ownership of a water bath has reduced significantly over the past few years, the cost of owning a water bath will remain a challenge. The cost of energy that water baths use is relatively higher than an average laboratory equipment of the same size. Thus, the high price may restrict the buyers in developing countries, which will, in turn, affect the revenue of the vendors.