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Global Vacuum Ovens Market 2015-2019

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.

Key regions

  • Americas
  • APAC
  • Europe
  • MEA
Key vendors
  • Cole Parmer
  • Memmert
  • MTI Corporation
  • Sheldon Manufacturing
  • Thermo Fisher
Other prominent vendors
  • Accumax India
  • BINDER
  • Cascade TEK
  • ESPEC
  • Grieve
  • JEIO TECH
  • SalvisLab Renggli
  • Shanghai Hasuc Instrument Manufacture
  • Ted Pella
  • Yamato Scientific
Key market driver
  • Increased laboratory spending
  • For a full, detailed list, view our report
Key market challenge
  • High cost of vacuum ovens
  • For a full, detailed list, view our report
Key market trend
  • Increased emphasis on energy efficiency
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2019 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

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.

Companies Mentioned

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.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
      • Table Share of R&D spending by geography 2014
      • Table Insight into buying attributes and applications of laboratory ovens
    • Market size and forecast
      • Table Global vacuum ovens market 2014-2019 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Geographical segmentation
    • Global vacuum ovens market by geography
      • Table Global vacuum ovens market segmentation by geography 2014
      • Table Global vacuum ovens market segmentation by geography 2019
      • Table Global vacuum ovens market segmentation by geography 2014-2019 ($ millions)
      • Table Global vacuum ovens market segmentation by geography 2014-2019
    • Vacuum ovens market in the Americas
      • Table Vacuum ovens market in Americas 2014-2019 ($ millions)
      • Table Expenditure on science in the US 2014
    • Vacuum ovens market in Europe
      • Table Vacuum ovens market in Europe 2014-2019 ($ millions)
    • Vacuum ovens market in APAC
      • Table Vacuum ovens market in APAC 2014-2019 ($ millions)
    • Vacuum ovens market in MEA
      • Table Vacuum ovens market in MEA 2014-2019 ($ millions)
      • Table Global vacuum ovens market by geography 2014-2019 ($ millions)
      • Table Global vacuum ovens market by geography 2014-2019
  • Market drivers
    • Table Average budget of laboratory equipment in various industries 2014
    • Table Growth of legal cannabis market in US 2013 and 2014 ($ billions)
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Table Power consumption comparison of ESPEC's vacuum pumps 2014 (kWh)
  • Vendor landscape
    • Competitive scenario
    • Market vendor analysis 2014
    • Other prominent vendors
  • Other prominent vendors
  • Key vendor analysis
    • Cole-Parmer
      • Table Cole-Parmer: Business offerings
    • Memmert
    • MTI
      • Table MTI: Product segmentation
    • Sheldon
    • Thermo Fisher
      • Table Thermo Fisher: Business segmentation by revenue 2014
      • Table Thermo Fisher: Business segmentation by revenue 2013 and 2014 ($ billions)
      • Table Thermo Fisher: Geographical segmentation by revenue 2014
  • Appendix
    • List of abbreviations
  • Explore Technavio

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