Orbital Shakers Market

Orbital Shakers Market: Increasing Application of Automatic Orbital Shakers in Conducting Laboratory Experiments Driving Revenue Growth: Global Industry Analysis (2013 - 2017) & Opportunity Assessment (2018 - 2027)

2018-12-04
REP-GB-7856
115 pages

An Incisive, In-depth Analysis on the Orbital Shakers Market

This study offers a comprehensive, 360 degree analysis on the Orbital Shakers market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Orbital Shakers market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.

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Global Orbital Shakers Market Revenue to Expand at a CAGR of 6.6% during the Forecast Period (2018–2027), Driven by an Increase in Adoption by Laboratories for Conducting Research Activities such as Culturing Microbes and Mixing

Increase in the number of health issues and changing environmental conditions are resulting in an increase in the need for creating specific products that are suitable for today’s conditions. For producing different condition-specific products in medical, healthcare as well as industrial fields and the need for conducing laboratory research is boosting the demand for laboratory equipment, owing to which the demand for orbital shakers is also simultaneously increasing. Rapid growth in the field of research and development at the industrial level is creating the need for the installation of orbital shakers because of their unique features that are boosting their popularity.

Orbital shakers are used for the shaking of solutions for the purpose of mixing. They are mostly used in laboratories and other industrial applications where solutions need to be shaken for a longer and constant rom rate. The shakers are available in different sizes, formats, heated or refrigerated, open air and others. The specifications are chosen based on the application requirements of orbital shakers. The manufacturers of orbital shakers are constantly upgrading their products to deliver industry-specific products and generate more compliant orbital shakers. Increase in the number of government initiatives to fuel research in laboratories for the improvement of the quality of products and generate specific products is fuelling the demand for orbital shakers. The importance of orbital shakers in laboratory applications is irreplaceable since the past few decades as the manufacturers of orbital shakers are offering different variations in these products, such as those that range from an rpm of 25 to 250, and others. This is boosting their popularity in laboratories. Furthermore, orbital shakers are mostly preferred for their lowest speed in the categories of laboratory shakers for creating application-specific end products.

The global orbital shakers market is estimated to witness a single-digit CAGR in terms of value and volume, and hence, reach US$ 1.02 Bn by 2027. Increase in the number of laboratory research projects as well as growth in industrial-based research in healthcare and pharmaceuticals, are some of the prime factors responsible for the growth of the market. Increase in the number of research studies for cell growth, staining of electrophoresis gels and dissolution-based studies are some of the prime parameters contributing to the increasing demand for the orbital shakers market.

On the basis of type, the orbital shakers market is segmented considering the types of orbital shakers as well as their applications in different industrial as well as private areas. Based on type, the market is segmented into automatic orbital shakers and semi-automatic orbital shakers. The revenue contribution from the automatic orbital shakers segment is expected to expand at a CAGR of 6.8% during the forecast period due to an increase in the preference for automatic orbital shakers in laboratories as an experimental equipment. The automatic orbital shakers are widely preferred nowadays due to their ability to adjust the speed of shaking based on the load of substances loaded in an equipment and others.

On the basis of application, the orbital shakers market is segmented into industrial equipment, experimental equipment and others. The applications of orbital shakers differ as per their areas of usage as well as functions. Considering the segmentation based on the applications of orbital shakers, the experimental equipment segment is expected to witness significant growth rate over forecast period. Increase in the number of laboratory experiments, such as higher-speed orbital shakers for bacterial incubation and others, is creating wide application areas for orbital shakers, which is boosting the demand for the same.

On the basis of region, the global orbital shakers market is segmented into North America, Latin America, Europe, Japan, APEJ and MEA. Considering the revenue generation from the sale of orbital shakers, the North America region is expected to dominate the global market and hold a major market share by the end of 2018, and a similar trend is expected to continue during the forecast period. Rapid increase in research activities in North America and the availability of a larger amount of funding for private research centre organisations are some of the prime factors boosting the demand for orbital shaker. The APEJ orbital shaker market is expected to grow at the highest CAGR due to rapidly increasing industrialisation, which has resulted in an increase in the focus of enterprises on conducting research activities. This is expected to ultimately fuel the demand for orbital shakers in this region.

Some of the popular vendors of orbital shakers are:

Thermo Fisher Scientific
Benchmark Scientific
Eppendorf
IKA-Works
OHAUS
Eberbach
Grant Instruments
Heidolph Instruments GmbH & CO. KG
FINEPCR
Labnet International, Inc.

Report Synopsis

FMI offers a 9-year forecast for the orbital shakers market between 2018 and 2027. In terms of value, the market is expected to register a CAGR of 6.6% during the forecast period. This study demonstrates the global market dynamics and trends across different regions, such as North America, Latin America, Europe, Japan, APEJ and Middle East & Africa, which influence the current nature and the future status of the orbital shakers market over the forecast period. The popularity of orbital shakers is increasing due to the adoption of orbital shakers in laboratory equipment for the purpose of shaking and mixing while performing laboratory research.

Report Description

This research report provides a detailed analysis of the orbital shakers market and offers insights on the various factors influencing the market. This study provides a comprehensive assessment of the stakeholder strategies and imperatives for succeeding in the business. The orbital shakers report segregates the market based on type, applications as well as across different regions worldwide.

The manufacturers of orbital shakers are rapidly performing research and development activities to improve the accuracy and performance of orbital shakers to sustain in the global market competition and generate a revenue from the sale of orbital shakers in industrial and experimental activities. Increase in the adoption of shakers and mixers in laboratory research is significantly fuelling the growth of the orbital shakers market. The addition of new features, such as ramping and others, is creating new application areas for orbital shakers. Orbital shakers are able to control the speed of shaking solutions to prevent the spillage of the contents with the help of ‘built-in load sensors,’ which help adjust the speed and frequency of these devices as per changing load balances.

The report starts with an overview of the global orbital shakers market in terms of value. In addition, this section of the report includes the analysis of key trends, drivers and restraints that are influencing the market. The impact analysis of the key drivers and restraints of the market are included in this report to provide clients crystal-clear decision-making insights.

The global orbital shakers market is estimated to witness a single-digit CAGR in terms of value and volume, owing to which it is expected to reach US$ 1.02 Bn by 2027. Rapid increase in private research activities is significantly fuelling the growth of the orbital shakers market. In addition, the increasing preference for laboratory automation processes for reducing the time required for total research process execution is boosting the adoption of orbital shakers. In addition, they are preferred for their accuracy, speed, consistency, safety and durability as they have a significant life span. Considering the above-mentioned factors, the demand for orbital shakers is expected to increase significantly over forecast period.

The global orbital shakers market is categorised on the basis of type, application and region. On the basis of type, the orbital shakers market is segmented into automatic orbital shakers and semi-automatic orbital shakers. Among the types of orbital shakers, the automatic orbital shakers segment is expected to hold the largest market share in terms of the value generation from the sale of orbital shakers due to the high prices of automatic orbital shakers. The adoption of automatic orbital shaker is increasing rapidly in laboratory research areas due to the increasing usage of these orbital shakers for a uniform shaking action.

On the basis of application, the orbital shakers market is segmented into industrial equipment, experimental equipment and others. The applications of orbital shakers differ depending upon their areas of usage and functions. Considering the segmentation based on the applications of orbital shakers, the experimental equipment segment is expected to witness a significant growth rate over forecast period. Due to their high speed, increase in the usage of orbital shakers in laboratory experiments for bacterial incubation and others is boosting their application areas, thus resulting in the higher demand for these devices.

The next section highlights a detailed analysis of the market across various countries. It provides a market outlook for 2018–2027, and sets the forecast within the context of the orbital shakers market, which includes the latest developments and offerings. This study discusses the key trends within countries that are contributing to the growth of the market, as well as analyses the degrees at which the drivers influence the market in each region. Key regions and countries assessed in the orbital shakers report include North America (U.S. & Canada), Latin America (Brazil, Mexico & the rest of Latin America), Europe (Germany, Italy, France, Spain, U.K. & the rest of Europe), Japan, APEJ (China, India, Malaysia, Australia, Singapore & the rest of APEJ) and MEA (GCC Countries, Israel, South Africa & the rest of MEA).

The orbital shakers market report evaluates the present scenario and growth prospects of these devices across various regions globally for the period 2018–2027. We have considered 2017 as the base year, and provided data for the remaining 12 months. The forecast presented in the market report assesses the total revenue by value across the market. To offer an accurate forecast, we have started by sizing the current market, which forms the basis of how the orbital shakers market will develop in the future. Given the characteristics of the market, we have triangulated the outcome of different types and vertical analysis based on technology trends in orbital shakers.

In addition, it is imperative to note that, in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyse on the basis of key parameters, such as Year-on-Year (Y-o-Y) growth, to understand the predictability of the orbital shakers market and to identify the right opportunities present in the market.

In the final section of the report, we have included a competitive landscape to provide clients a dashboard view based on the categories of providers in the value chain, their presence in the orbital shakers portfolio and key differentiators. This section of the orbital shakers report is primarily designed to provide clients an objective and detailed comparative assessment of the key providers specific to a market segment in the orbital shakers value chain and the potential players for the same. The orbital shakers report audiences can gain segment-specific vendor insights to identify and evaluate the key competitors based on an in-depth assessment of their capabilities and success in the marketplace. The detailed profiles of the providers of orbital shakers are also included in the scope of the report to evaluate their long-term & short-term strategies, key offerings and recent developments in the orbital shakers market.

Key Segments Covered