Posted By mark itwired
Posted on August 25, 2021
The approximately US$ 572
million orbital shakers market is likely to demonstrate just-under 7% year
on year expansion in 2019. As indicated by a recent market research report
published by Future Market Insights, the demand for orbital shakers will remain
on a healthy growth trajectory over the next few years.
“With the flourishing
laboratory automation industry, the sales of advanced technology laboratory
systems are on a constant rise. The subsequently growing demand for orbital
shakers is thus pushing the revenue prospects for orbital shakers in recent
years. Significantly growing adoption of next-generation laboratory equipment,
especially across developing regional markets, is predominantly driving the growth
of orbital shakers market,” explains a senior market research analyst at the
company.
Request Sample Copy of this Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-7856
However, longer
lifespan of orbital shakers, i.e. up to 10 years will remain the longstanding
barrier to frequent adoption of orbital shakers, mentions the report.
Widening Research
Expanse Propels Application-specific NPD
Healthcare, medicine,
and life sciences industries are increasingly creating a positive outlook for
R&D, which is translating into healthy revenue growth prospects for
laboratory equipment such as orbital shakers or laboratory shakers. Besides lab
and clinical research centers, orbital shakers find wide applicability in the
industrial sector, reports FMI research.
The
application-specific demand for orbital shakers has been pushing product
innovations based on the desired load, weight capacity, orbital range, and
speed. Research laboratories are thus exploring the available alternatives in
orbital shakers for an appropriate lab environment, creating attractive revenue
generation opportunities for orbital shakers manufacturers.
Automatic Orbital
Shakers Remain Highly Favored for R&D
The global sales of
automatic orbital shakers are projected to exceed the valuation of US$ 435
million in 2019, of which more than 1/4th is estimated to
be contributed by North America. The orbital shakers market in North America is
forecast to remain the top consuming region and is anticipated at the highest
yearly growth at around 8% in 2019. The FMI report concludes that the ability
of automatically operated orbital shakers to adjust the shaking speed according
to the load continues to attract maximum sales potential.
For More Details,
Ask Analyst @ https://www.futuremarketinsights.com/ask-question/rep-gb-7856
Researchers Fuel Sales
of Experimental Equipment
Moreover, the report
projects global revenue of experimental equipment to be more than US$ 255
million, towards the end of 2019. Dramatically increasing number of research
laboratories and lab experimental activities continues to be the key driving
force behind the escalating sales of high-speed orbital shakers. The widening application
base is likely to create strong growth prospects for orbital shakers market at
a global level.
Thermo Fisher
Scientific Remains Global Leader
- Thermo Fisher
Scientific, the leading player in orbital shakers landscape, currently accounts
for more than 14% share of the global market revenue. - Focusing on firming up
the global footprint, the company is augmenting investments in R&D directed
to new product launches for an extended and diverse offering portfolio. - Thermo Fisher has
already invested around 4% of its annual revenue in R&D activities, as
indicated by the report. - The company is
currently strategizing collaborations and acquisitions, the latest of which
include the deals with Patheon N.V., Phenom-World, and IntegenX Inc.
Benchmark Scientific
has been innovating its range of mini orbital shakers, and thermal and
incubation shakers. Eppendorf Inc. on the other hand offers the widest range of
premium range, high-performance orbital shakers.
IKA-Works, another
active competitor in the orbital shakers landscape, provides a selection of
orbital shakers with a large LED display and the PID temperature control that
allow the regulation of speed and time of shakers.
The report indicates
that a large number of manufacturers of orbital shakers are focusing on
developing advanced products with incubation, display integration, RPM
specificity, and temperature regulators. Launching such products is likely to
enable companies to tap into new application areas and thereby penetrate into
new markets.
The approximately US$ 572
million orbital shakers market is likely to demonstrate just-under 7% year
on year expansion in 2019. As indicated by a recent market research report
published by Future Market Insights, the demand for orbital shakers will remain
on a healthy growth trajectory over the next few years.
“With the flourishing
laboratory automation industry, the sales of advanced technology laboratory
systems are on a constant rise. The subsequently growing demand for orbital
shakers is thus pushing the revenue prospects for orbital shakers in recent
years. Significantly growing adoption of next-generation laboratory equipment,
especially across developing regional markets, is predominantly driving the growth
of orbital shakers market,” explains a senior market research analyst at the
company.
Request Sample Copy of this Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-7856
However, longer
lifespan of orbital shakers, i.e. up to 10 years will remain the longstanding
barrier to frequent adoption of orbital shakers, mentions the report.
Widening Research
Expanse Propels Application-specific NPD
Healthcare, medicine,
and life sciences industries are increasingly creating a positive outlook for
R&D, which is translating into healthy revenue growth prospects for
laboratory equipment such as orbital shakers or laboratory shakers. Besides lab
and clinical research centers, orbital shakers find wide applicability in the
industrial sector, reports FMI research.
The
application-specific demand for orbital shakers has been pushing product
innovations based on the desired load, weight capacity, orbital range, and
speed. Research laboratories are thus exploring the available alternatives in
orbital shakers for an appropriate lab environment, creating attractive revenue
generation opportunities for orbital shakers manufacturers.
Automatic Orbital
Shakers Remain Highly Favored for R&D
The global sales of
automatic orbital shakers are projected to exceed the valuation of US$ 435
million in 2019, of which more than 1/4th is estimated to
be contributed by North America. The orbital shakers market in North America is
forecast to remain the top consuming region and is anticipated at the highest
yearly growth at around 8% in 2019. The FMI report concludes that the ability
of automatically operated orbital shakers to adjust the shaking speed according
to the load continues to attract maximum sales potential.
For More Details,
Ask Analyst @ https://www.futuremarketinsights.com/ask-question/rep-gb-7856
Researchers Fuel Sales
of Experimental Equipment
Moreover, the report
projects global revenue of experimental equipment to be more than US$ 255
million, towards the end of 2019. Dramatically increasing number of research
laboratories and lab experimental activities continues to be the key driving
force behind the escalating sales of high-speed orbital shakers. The widening application
base is likely to create strong growth prospects for orbital shakers market at
a global level.
Thermo Fisher
Scientific Remains Global Leader
- Thermo Fisher
Scientific, the leading player in orbital shakers landscape, currently accounts
for more than 14% share of the global market revenue. - Focusing on firming up
the global footprint, the company is augmenting investments in R&D directed
to new product launches for an extended and diverse offering portfolio. - Thermo Fisher has
already invested around 4% of its annual revenue in R&D activities, as
indicated by the report. - The company is
currently strategizing collaborations and acquisitions, the latest of which
include the deals with Patheon N.V., Phenom-World, and IntegenX Inc.
Benchmark Scientific
has been innovating its range of mini orbital shakers, and thermal and
incubation shakers. Eppendorf Inc. on the other hand offers the widest range of
premium range, high-performance orbital shakers.
IKA-Works, another
active competitor in the orbital shakers landscape, provides a selection of
orbital shakers with a large LED display and the PID temperature control that
allow the regulation of speed and time of shakers.
The report indicates
that a large number of manufacturers of orbital shakers are focusing on
developing advanced products with incubation, display integration, RPM
specificity, and temperature regulators. Launching such products is likely to
enable companies to tap into new application areas and thereby penetrate into
new markets.
