April 12, 2024
Laboratory Sieve Shaker Market

The Growing Pharmaceutical Industry Is Driving The Laboratory Sieve Shaker Market

Laboratory sieve shakers are crucial for various particle and powder analyses across different industries such as pharmaceuticals, chemicals, and food & beverages. Laboratory sieve shakers help in segregating particle materials according to their size, which is important for quality control applications. The advanced sieve shaker models feature digital timers, variable speed functions, and timer displays to provide precise shaking action. They are available in different sieve sizes and mesh configurations as per the analytical requirements.

The global Laboratory Sieve Shaker Market is estimated to be valued at US$ 180 million in 2023 and is expected to exhibit a CAGR of 12% over the forecast period 2023-2033, as highlighted in a new report published by Coherent Market Insights.

Market key trends:

One of the major trends in the Global laboratory sieve shaker market size is the increasing integration of advanced technologies. Key players are focusing on developing smart and automated sieve shakers equipped with features such as touchscreen controls, data logging, and compatibility with various software platforms. For instance, in 2022, Retsch introduced its new SmartSieve XS smart sieve shaker with touch display control, automatic parameter adjustment, and data export capabilities. The automated shakers reduce manual errors and enhance productivity. Similarly, another key trend is the rising demand for high capacity multi-sieve shakers from bulk material screening applications in industries such as mining and chemicals. Market players have launched large sieve shakers with higher capacity trays and more powerful motors to handle bulk volumes of particulate materials every cycle.

Porter’s Analysis

Threat of new entrants: Low capital requirements and established buyers limit the threat of new entrants in the laboratory sieve shaker market. Bargaining power of buyers: Buyers have moderate bargaining power. The presence of multiple established manufacturers increases competition. Bargaining power of suppliers: Suppliers have moderate bargaining power due to availability of component alternatives in the market. Threat of new substitutes: Low threat of substitution as laboratory sieve shakers are considered a standard equipment for sieving processes in various end-use industries. Competitive rivalry: High as major players compete based on product quality, pricing, and service.

Key Takeaways

The global laboratory sieve shaker market is expected to witness high growth.

Regional analysis

North America dominates the laboratory sieve shaker market due to strong presence of key players and established laboratory infrastructure in the region. The Asia Pacific laboratory sieve shaker market is fasted growing due to increasing R&D investments in pharmaceutical and chemical industries in countries like China and India.

Key players
Key players operating in the laboratory sieve shaker market are Fritsch, Eberbach, Endecotts, Advantech Manufacturing, Retsch, Humboldt among others. Key players are focusing on new product launches and expansion in emerging markets to strengthen their market share.

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it