Global Vacuum Ovens Market 2015-2019
About vacuum ovens
Vacuum ovens are laboratory equipment used for drying or heating applications. In a vacuum oven, the thermal process occurs in a chamber where the atmospheric pressure is lowered using a vacuum pump and the unit can achieve temperatures of up to 2,500°C. The underlying principle of the vacuum oven is that at a reduced pressure (25-100 mm Hg), the temperature drops leading to vaporization of water leading to more efficient drying in comparison to a conventional oven. The oven is used for a wide range of purposes such as electroplating, desiccating, vacuum embedding, dry sterilization, outgassing liquids, and electronic component processing.
Technavio's analysts forecast the global vacuum ovens market to grow at a CAGR of 7.59% over the period 2014-2019.
Covered in this report
In this report, Technavio covers the present scenario and growth prospects of the global vacuum ovens market for the period 2015-2019. To calculate the market size, we use the revenue generated from the sale of laboratory vacuum ovens.
Technavio's report, Global Vacuum Ovens Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers Americas, APAC, Europe, and MEA; it also covers the landscape of the global vacuum ovens market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – Global Vacuum Ovens Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Vacuum Ovens Market: Cole-Parmer, Memmert, MTI, Sheldon Manufacturing, and Thermo Fisher.
Other Prominent Vendors in the market are: Accumax India, BINDER, Cascade TEK, ESPEC, Grieve, JEIO, SalvisLab Renggli, Shanghai Hasuc Instrument, Ted Pella, and Yamato Scientific.
Commenting on the report, an analyst from Technavio’s team said: “Vacuum ovens are being incorporated with performance boosting changes to enhance the user experience and cater to the growing popularity of vacuum drying. The market has seen an increase in temperature stability while operating at low temperatures to improve and accelerate the heat-up process.”
According to the report, the need for upgrading and replacement of equipment is expected to drive the demand for technologically advanced vacuum ovens in developed regions such as Europe and North America.
Further, the report states that the market poses a challenge in terms of lack of a supportive environment due to reductions in the funds provided to laboratories over the past decade, particularly in developed economies.
Cole-Parmer, Memmert, MTI, Sheldon Manufacturing, Thermo Fisher, Accumax India, BINDER, Cascade TEK, ESPEC, Grieve, JEIO, SalvisLab Renggli, Shanghai Hasuc Instrument, Ted Pella, Yamato Scientific.