by Laboratory sieve shakers are mechanical sieves used for particle size analysis in various industries such as construction, mining, chemicals and pharmaceuticals. They facilitate consistent separation of granular solids or powders by size through vibrating mechanical sieves. The equipment provides uniform dispersion of sample and efficient size segregation. This allows precise analysis and quality control of raw materials and final products in applications related to quarrying, mining, chemical processing and quality checking. The global Laboratory Sieve Shaker Market is estimated to be valued at US$ 3.5 Bn in 2023 and is expected to exhibit a CAGR of 11% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
One of the key trends driving growth in the laboratory sieve shaker market is digitalization. Major players are focusing on developing smart and internet of things (IoT) enabled sieve shakers. These digital sieve shakers use sensors and data logging systems to monitor sieving parameters like vibration frequency, time and temperature conditions during operation. The collected data can be analyzed for process optimization. Modular designs with internet connectivity also allow remote operation and monitoring of multiple sieve shakers simultaneously. This significantly improves productivity and quality control. Adoption of automated digital sieve shaking technology is expected to continue rising in particle analysis applications across industries over the forecast period.
Porter’s Analysis
Threat of new entrants: Low-Moderate, as significant capital investments are required along with regulatory compliances which make entry barriers moderately high.
Bargaining power of buyers: Moderate-High. Buyers have moderate bargaining power due to availability of substitutes and ability to switch between suppliers based on pricing and product offerings.
Bargaining power of suppliers: Moderate. Suppliers have moderate bargaining power due to presence of several raw material suppliers and low switching costs.
Threat of new substitutes: Low. Sieve shakers are highly specialized equipment with no close substitutes for various particle separation applications in industries like pharmaceuticals, food, chemicals etc.
Competitive rivalry: High. Key players aim to increase their market presence through advanced technologies, comprehensive product portfolios and strong global distribution networks leading to high competition.
Key Takeaways
The global Laboratory Sieve Shaker Market Growth is expected to witness high growth. The growing pharmaceutical industry along with advancements in material testing techniques are driving the demand for sieve shakers across regions.
Regional analysis:
North America is currently the largest market for laboratory sieve shakers, favored by strong presence of pharmaceutical companies in the region. Asia Pacific is expected to witness the fastest growth over the forecast period supported by increasing R&D investments and expansions of pharmaceutical manufacturing facilities in countries like China, India and South Korea.
Key players:
Key players operating in the Laboratory Sieve Shaker Market are Gilson Company, Inc., Russell Finex Ltd., Retsch GmbH, Lao Soung Machinery Co. Ltd., Endecotts Ltd., Bionics Scientific Technologies Ltd., and Thermo Fischer Scientific, Advantech Manufacturing, Dual Manufacturing Co., Inc., and GKM Siebtechnik GmbH. These players dominate the market with their wide range of sieve shakers offerings catering to applications across industries
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemical and materials, defense and aerospace, consumer goods, etc.
