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Global Laboratory Refrigerators and Ovens Industry

ReportLinker
·12-min read

Global Laboratory Refrigerators and Ovens Market to Reach $1. 6 Billion by 2027. Amid the COVID-19 crisis, the global market for Laboratory Refrigerators and Ovens estimated at US$1. 2 Billion in the year 2020, is projected to reach a revised size of US$1.

New York, Nov. 04, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Laboratory Refrigerators and Ovens Industry" - https://www.reportlinker.com/p02284905/?utm_source=GNW
6 Billion by 2027, growing at a CAGR of 4.6% over the analysis period 2020-2027. General Purpose Laboratory Refrigerator, one of the segments analyzed in the report, is projected to record a 5.4% CAGR and reach US$492.3 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Sub-Zero Refrigerator segment is readjusted to a revised 5.9% CAGR for the next 7-year period.

The U.S. Market is Estimated at $348.2 Million, While China is Forecast to Grow at 4.3% CAGR

The Laboratory Refrigerators and Ovens market in the U.S. is estimated at US$348.2 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$286.2 Million by the year 2027 trailing a CAGR of 4.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.4% and 3.8% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.3% CAGR.

Walk-In Refrigerator Segment to Record 3% CAGR

In the global Walk-In Refrigerator segment, USA, Canada, Japan, China and Europe will drive the 3.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$35.6 Million in the year 2020 will reach a projected size of US$44.2 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$180 Million by the year 2027.We bring years of research experience to this 19th edition of our report. The 189-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others,

  • AGA Marvel

  • Azbil Telstar, S.L.

  • Carbolite GERO Limited

  • Chart Industries, Inc.

  • Cole-Parmer Instrument Company

  • Eppendorf AG

  • Helmer Scientific

  • Labcold Ltd.

  • NuAire Inc.

  • Sheldon Manufacturing, Inc.

  • Thermo Fischer Scientific Inc.

  • Worthington Industries




Read the full report: https://www.reportlinker.com/p02284905/?utm_source=GNW

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW
Refrigeration - Indispensable in Clinical & Biological Research
Fields
Recent Market Activity
Market Outlook
Life Science Sector - A Major Growth Driver
Rising R&D Spend Supports Demand for Lab Equipment
World’s Aging Population Drives Demand for Laboratory
Refrigerators and Ovens
Demand Spikes from Food Testing Labs
Growing Demand for Subcontracting Private Laboratories
Global Competitor Market Shares
Laboratory Refrigerators and Ovens Competitor Market Share
Scenario Worldwide (in %): 2018 & 2029
Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS
AGA Marvel (USA)
Azbil Telstar, S.L. (Spain)
Carbolite GERO Limited (UK)
Chart Industries, Inc. (USA)
Cole-Parmer Instrument Company (USA)
Eppendorf AG (Germany)
Helmer Scientific (USA)
Haier Biomedical (China)
Labcold Ltd. (UK)
NuAire Inc. (USA)
Panasonic Healthcare Holdings Co., Ltd. (Japan)
Philipp Kirsch GmbH (Germany)
Sheldon Manufacturing, Inc. (USA)
Thermo Fisher Scientific, Inc. (USA)
Worthington Industries (USA)

3. MARKET TRENDS & DRIVERS
Factors Influencing Choice of Laboratory Refrigerators and
Freezers
Energy Efficiency Comes to the Fore - For Buyers and Manufacturers
Hydrocarbon Freezers: The Latest Trend in the Global Laboratory
Freezers Market
Technological Advances Putting the Laboratory Refrigerators and
Freezers Market in Overdrive
Development of Alternative Refrigerants to Take Centre Stage in
Future
Price Pressures Haunt Laboratory Refrigerators and Freezers Market
Advanced Refrigerators Allow Remote Allocation
Rapidly Expanding Blood Banking Market Drives Laboratory
Refrigerators Market
Demand for RFID-Enabled Blood Freezers and Refrigerators to
Rise Rapidly
Supply Concerns Drive Technological Developments in Blood Bank
Refrigerators and Freezers
New Models of Ultra-Low Temperature Freezers Foray into the Market
Growing Prominence of Laboratory Ovens
Energy Efficiency - Order of the Day
Growing Product Options Drive Growth

4. GLOBAL MARKET PERSPECTIVE
Table 1: Laboratory Refrigerators and Ovens Global Market
Estimates and Forecasts in US$ Thousand by Region/Country:
2020-2027

Table 2: Laboratory Refrigerators and Ovens Global
Retrospective Market Scenario in US$ Thousand by
Region/Country: 2012-2019

Table 3: Laboratory Refrigerators and Ovens Market Share Shift
across Key Geographies Worldwide: 2012 VS 2020 VS 2027

Table 4: General Purpose Laboratory Refrigerator (Product
Segment) World Market by Region/Country in US$ Thousand: 2020
to 2027

Table 5: General Purpose Laboratory Refrigerator (Product
Segment) Historic Market Analysis by Region/Country in US$
Thousand: 2012 to 2019

Table 6: General Purpose Laboratory Refrigerator (Product
Segment) Market Share Breakdown of Worldwide Sales by
Region/Country: 2012 VS 2020 VS 2027

Table 7: Sub-Zero Refrigerator (Product Segment) Potential
Growth Markets Worldwide in US$ Thousand: 2020 to 2027

Table 8: Sub-Zero Refrigerator (Product Segment) Historic
Market Perspective by Region/Country in US$ Thousand: 2012 to
2019

Table 9: Sub-Zero Refrigerator (Product Segment) Market Sales
Breakdown by Region/Country in Percentage: 2012 VS 2020 VS 2027

Table 10: Walk-In Refrigerator (Product Segment) Geographic
Market Spread Worldwide in US$ Thousand: 2020 to 2027

Table 11: Walk-In Refrigerator (Product Segment) Region Wise
Breakdown of Global Historic Demand in US$ Thousand: 2012 to
2019

Table 12: Walk-In Refrigerator (Product Segment) Market Share
Distribution in Percentage by Region/Country: 2012 VS 2020 VS
2027

Table 13: Explosion Proof Refrigerator (Product Segment) World
Market Estimates and Forecasts by Region/Country in US$
Thousand: 2020 to 2027

Table 14: Explosion Proof Refrigerator (Product Segment) Market
Historic Review by Region/Country in US$ Thousand: 2012 to 2019

Table 15: Explosion Proof Refrigerator (Product Segment) Market
Share Breakdown by Region/Country: 2012 VS 2020 VS 2027

Table 16: Portable Refrigerator (Product Segment) World Market
by Region/Country in US$ Thousand: 2020 to 2027

Table 17: Portable Refrigerator (Product Segment) Historic
Market Analysis by Region/Country in US$ Thousand: 2012 to 2019

Table 18: Portable Refrigerator (Product Segment) Market Share
Distribution in Percentage by Region/Country: 2012 VS 2020 VS
2027

Table 19: General Purpose Laboratory Freezer (Product Segment)
World Market Estimates and Forecasts in US$ Thousand by
Region/Country: 2020 to 2027

Table 20: General Purpose Laboratory Freezer (Product Segment)
Market Worldwide Historic Review by Region/Country in US$
Thousand: 2012 to 2019

Table 21: General Purpose Laboratory Freezer (Product Segment)
Market Percentage Share Distribution by Region/Country: 2012 VS
2020 VS 2027

Table 22: Ultra Low Temperature Freezer (Product Segment)
Market Opportunity Analysis Worldwide in US$ Thousand by
Region/Country: 2020 to 2027

Table 23: Ultra Low Temperature Freezer (Product Segment)
Global Historic Demand in US$ Thousand by Region/Country: 2012
to 2019

Table 24: Ultra Low Temperature Freezer (Product Segment)
Market Share Distribution in Percentage by Region/Country: 2012
VS 2020 VS 2027

Table 25: Explosion Proof Freezer (Product Segment) World
Market by Region/Country in US$ Thousand: 2020 to 2027

Table 26: Explosion Proof Freezer (Product Segment) Historic
Market Analysis by Region/Country in US$ Thousand: 2012 to 2019

Table 27: Explosion Proof Freezer (Product Segment) Market
Share Breakdown of Worldwide Sales by Region/Country: 2012 VS
2020 VS 2027

Table 28: General Purpose Laboratory Oven (Product Segment)
Potential Growth Markets Worldwide in US$ Thousand: 2020 to
2027

Table 29: General Purpose Laboratory Oven (Product Segment)
Historic Market Perspective by Region/Country in US$ Thousand:
2012 to 2019

Table 30: General Purpose Laboratory Oven (Product Segment)
Market Sales Breakdown by Region/Country in Percentage: 2012 VS
2020 VS 2027

Table 31: Vacuum Oven (Product Segment) Geographic Market
Spread Worldwide in US$ Thousand: 2020 to 2027

Table 32: Vacuum Oven (Product Segment) Region Wise Breakdown
of Global Historic Demand in US$ Thousand: 2012 to 2019

Table 33: Vacuum Oven (Product Segment) Market Share
Distribution in Percentage by Region/Country: 2012 VS 2020 VS
2027

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES
Market Facts & Figures
US Laboratory Refrigerators and Ovens Market Share (in %) by
Company: 2018 & 2025
Market Analytics
Table 34: United States Laboratory Refrigerators and Ovens
Market Estimates and Projections in US$ Thousand by Product
Segment: 2020 to 2027

Table 35: Laboratory Refrigerators and Ovens Market in the
United States by Product Segment: A Historic Review in US$
Thousand for 2012-2019

Table 36: United States Laboratory Refrigerators and Ovens
Market Share Breakdown by Product Segment: 2012 VS 2020 VS 2027

CANADA
Table 37: Canadian Laboratory Refrigerators and Ovens Market
Estimates and Forecasts in US$ Thousand by Product Segment:
2020 to 2027

Table 38: Canadian Laboratory Refrigerators and Ovens Historic
Market Review by Product Segment in US$ Thousand: 2012-2019

Table 39: Laboratory Refrigerators and Ovens Market in Canada:
Percentage Share Breakdown of Sales by Product Segment for
2012, 2020, and 2027

JAPAN
Table 40: Japanese Market for Laboratory Refrigerators and
Ovens: Annual Sales Estimates and Projections in US$ Thousand
by Product Segment for the Period 2020-2027

Table 41: Laboratory Refrigerators and Ovens Market in Japan:
Historic Sales Analysis in US$ Thousand by Product Segment for
the Period 2012-2019

Table 42: Japanese Laboratory Refrigerators and Ovens Market
Share Analysis by Product Segment: 2012 VS 2020 VS 2027

CHINA
Table 43: Chinese Laboratory Refrigerators and Ovens Market
Growth Prospects in US$ Thousand by Product Segment for the
Period 2020-2027

Table 44: Laboratory Refrigerators and Ovens Historic Market
Analysis in China in US$ Thousand by Product Segment: 2012-2019

Table 45: Chinese Laboratory Refrigerators and Ovens Market by
Product Segment: Percentage Breakdown of Sales for 2012, 2020,
and 2027

EUROPE
Market Facts & Figures
European Laboratory Refrigerators and Ovens Market: Competitor
Market Share Scenario (in %) for 2018 & 2025
Market Analytics
Table 46: European Laboratory Refrigerators and Ovens Market
Demand Scenario in US$ Thousand by Region/Country: 2020-2027

Table 47: Laboratory Refrigerators and Ovens Market in Europe:
A Historic Market Perspective in US$ Thousand by Region/Country
for the Period 2012-2019

Table 48: European Laboratory Refrigerators and Ovens Market
Share Shift by Region/Country: 2012 VS 2020 VS 2027

Table 49: European Laboratory Refrigerators and Ovens Market
Estimates and Forecasts in US$ Thousand by Product Segment:
2020-2027

Table 50: Laboratory Refrigerators and Ovens Market in Europe
in US$ Thousand by Product Segment: A Historic Review for the
Period 2012-2019

Table 51: European Laboratory Refrigerators and Ovens Market
Share Breakdown by Product Segment: 2012 VS 2020 VS 2027

FRANCE
Table 52: Laboratory Refrigerators and Ovens Market in France
by Product Segment: Estimates and Projections in US$ Thousand
for the Period 2020-2027

Table 53: French Laboratory Refrigerators and Ovens Historic
Market Scenario in US$ Thousand by Product Segment: 2012-2019

Table 54: French Laboratory Refrigerators and Ovens Market
Share Analysis by Product Segment: 2012 VS 2020 VS 2027

GERMANY
Table 55: Laboratory Refrigerators and Ovens Market in Germany:
Recent Past, Current and Future Analysis in US$ Thousand by
Product Segment for the Period 2020-2027

Table 56: German Laboratory Refrigerators and Ovens Historic
Market Analysis in US$ Thousand by Product Segment: 2012-2019

Table 57: German Laboratory Refrigerators and Ovens Market
Share Breakdown by Product Segment: 2012 VS 2020 VS 2027

ITALY
Table 58: Italian Laboratory Refrigerators and Ovens Market
Growth Prospects in US$ Thousand by Product Segment for the
Period 2020-2027

Table 59: Laboratory Refrigerators and Ovens Historic Market
Analysis in Italy in US$ Thousand by Product Segment: 2012-2019

Table 60: Italian Laboratory Refrigerators and Ovens Market by
Product Segment: Percentage Breakdown of Sales for 2012, 2020,
and 2027

UNITED KINGDOM
Table 61: United Kingdom Market for Laboratory Refrigerators
and Ovens: Annual Sales Estimates and Projections in US$
Thousand by Product Segment for the Period 2020-2027

Table 62: Laboratory Refrigerators and Ovens Market in the
United Kingdom: Historic Sales Analysis in US$ Thousand by
Product Segment for the Period 2012-2019

Table 63: United Kingdom Laboratory Refrigerators and Ovens
Market Share Analysis by Product Segment: 2012 VS 2020 VS 2027

REST OF EUROPE
Table 64: Rest of Europe Laboratory Refrigerators and Ovens
Market Estimates and Forecasts in US$ Thousand by Product
Segment: 2020-2027

Table 65: Laboratory Refrigerators and Ovens Market in Rest of
Europe in US$ Thousand by Product Segment: A Historic Review
for the Period 2012-2019

Table 66: Rest of Europe Laboratory Refrigerators and Ovens
Market Share Breakdown by Product Segment: 2012 VS 2020 VS 2027

ASIA-PACIFIC
Table 67: Laboratory Refrigerators and Ovens Market in
Asia-Pacific by Product Segment: Estimates and Projections in
US$ Thousand for the Period 2020-2027

Table 68: Asia-Pacific Laboratory Refrigerators and Ovens
Historic Market Scenario in US$ Thousand by Product Segment:
2012-2019

Table 69: Asia-Pacific Laboratory Refrigerators and Ovens
Market Share Analysis by Product Segment: 2012 VS 2020 VS 2027

REST OF WORLD
Table 70: Rest of World Laboratory Refrigerators and Ovens
Market Estimates and Forecasts in US$ Thousand by Product
Segment: 2020 to 2027

Table 71: Rest of World Laboratory Refrigerators and Ovens
Historic Market Review by Product Segment in US$ Thousand:
2012-2019

Table 72: Laboratory Refrigerators and Ovens Market in Rest of
World: Percentage Share Breakdown of Sales by Product Segment
for 2012, 2020, and 2027

IV. COMPETITION
Total Companies Profiled: 81
Read the full report: https://www.reportlinker.com/p02284905/?utm_source=GNW

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