In today’s highly competitive marketplace, several sectors, industries and businesses are implementing new technologies and innovations, which is among factors that are supporting the growth of the dry block heaters market. With the aid of modern healthcare and biomedical technologies, dry block heaters are becoming popular among pathology laboratories, medical colleges and hospitals.
Moreover, the growing penetration of automated laboratory systems is boosting the market as dry block heaters provide a simple precise temperature control solution. Dry block heaters can be used up to 130°C, and feature a built-in temperature-sensing probe for improved accuracy and control. Furthermore, growth in the demand for analogue dry block heaters is expected to drive the global market during the forecast period.
Dry block heaters are generally ideal for applications that require temperature stability. They deliver exceptional temperature stability and uniformity. In addition, they offer various safety features such as overshoot protection, hot indication and others.
Due to these qualities, several industries are adopting these systems as well as other temperature-optimisation equipment. These factors are expected to create potential growth opportunities for the dry block heaters market in the near future. Apart from these factors, rising automation and advancements in laboratories are also some of the key factors that are estimated to boost the market across the globe during the forecast period.
Some of the major growth drivers of the dry block heaters market include growth in the demand for energy-efficient and reliable block heaters in several industries. Furthermore, the usage of these heaters in various industry verticals is expected to drive the market. In addition, advancements in various industries across the globe has led to the growth of the global dry block heaters market. Furthermore, the global push for efficient and optimised block heaters is also one of the primary factors fuelling the growth of the dry block heaters market.
Initiatives by the governments of various countries for the introduction of advancements in healthcare infrastructure development is also encouraging the growth of the market in most of the developed and developing economies. Apart from this, the rising trend of automation is another growth driver.
On the other hand, factors such as the need for high capital investment in the development of new laboratory technologies, are likely to hamper the growth of the dry block heaters market. Some of the other factors restraining the growth of the market include worldwide financial uncertainty and macro-economic situations such as currency exchange rates and economic difficulties.
Market Participants
Some of the major players in the global dry block heaters market include Corning Life Sciences, Liebisch GmbH & Co. KG, Grant Instruments, VLM GmbH, IKA, Thermo Scientific, Ratek Instruments and Stuart Equipment.
Based on regions, the dry block heaters market has been segmented into North America, Latin America, Western Europe, Eastern Europe, China, Japan, SEA & others in Asia Pacific and Middle East & Africa. Among these regions, the Europe (including Western as well as Eastern) is expected to dominate the global market during the forecast period due to the local presence of a large number of manufacturers, especially in the U.K. and Germany. Europe is expected to be followed by North America and Asia Pacific (including China and Japan) in the global dry block heaters market.
In addition, Asia Pacific (including China and Japan) is also expected to exhibit the highest growth rate during the forecast period owing to an increase in the number of advanced laboratories in the region. Latin America is expected to witness a significantly high growth rate during the forecast period in the global dry block heaters market.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.
Segmentation of the dry block heaters market on the basis of product type:
Segmentation of the Dry Block Heaters market on the basis of End Use:
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Dry Block Heaters Market
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