Laboratory Temperature Control Units Market Size, Share and Trends 2024 to 2034

Laboratory Temperature Control Units Market Size and Forecast 2024 to 2034

The global laboratory temperature control units market size is projected to be worth around USD 1,181.90 million by 2034 from USD 657.48 million in 2024, at a CAGR of 6.04% from 2024 to 2034. The increasing research and development activities worldwide contribute to the growth of the market. The growing prevalence of chronic conditions pushes the key players and government institutions to conduct R&D.

Laboratory Temperature Control Units Market Key Takeaways

• North America dominated the laboratory temperature control units market in 2023.
• Asia Pacific is estimated to be the fastest-growing during the forecast period of 2024-2034.
• By product, the laboratory temperature controllers segment dominated the market in 2023.
• By product, the laboratory chillers segment is anticipated to grow significantly during the forecast period.
• By modality, the standalone/benchtop segment dominated the market in 2023.
• By modality, the portable/handheld segment is estimated to be the fastest-growing during the forecast period.
• By end-use, the pharma & biotech industry segment dominated the laboratory temperature control units market in 2023.
• By end-use, the hospitals segment is anticipated to be the fastest-growing during the forecast period.

Market Overview

The laboratory temperature control units market refers to the production, manufacturing, and distribution of laboratory temperature control units, which are mainly used in temperature-based control, safety, and monitoring applications in pilot plants and laboratories. In laboratories, objects are cooled, heated, or kept at a controlled temperature. The increasing demand and necessity for laboratory temperature control units in many industries, like food processing, pharma, & biotech, chemical industries, etc., contribute to the growth of the market. The benefits of laboratory temperature control units include the fact that in many different fields of research, these units have unlimited capabilities to support experiments.

Laboratory Temperature Control Units Market Growth Factors

• The benefits of laboratory control units include the fact that in several different research fields, these units have unlimited capacities to support experiments.
• The increasing demand and need for laboratory temperature control units in many industries, including food processing, food & biotech, and chemical industries, contribute to the growth of the market.
• The main function of the units is to track the thermal conditions of the samples and sustain levels in pre-defined or dynamic temperature parameters which help to the laboratory temperature control units market growth.
• The benefits of laboratory temperature control units also include aiding compliance, increased productivity, the ability to anticipate malfunctions & failures, and continuous data recording.

How is AI changing the Laboratory Temperature Control Units?

Artificial intelligence (AI) offers many benefits for laboratory temperature control units, including improving reliability, accuracy, and efficiency. It also includes the benefits of real-time monitoring and alerts, improved decision-making and data analysis, enhanced patient outcomes, and operational efficiency. The applications of AI in laboratory temperature control units in hospitals include personalized medicine, predictive maintenance, smart hospital systems, and remote patient monitoring, which contribute to the growth of the laboratory temperature control units market.

• In July 2024, the three new CDUs (Controlled Distribution Units) named- CH×500, AH×180, and AH×240 were launched by CoolIT Systems. These new models are customized to meet various cooling needs and offer high-capacity, scalable solutions for many data center applications. All three coolant distribution units (CDUs) are designed to meet the demanding cooling requirements of high-performance computing (HPC), artificial intelligence (AI), and initiative computing applications.

Market Scope

Market Dynamics

Driver

Increasing R&D expenditure worldwide

Laboratory temperature control units are essential for research and development (R&D) to maintain accurate temperature conditions. In the material testing laboratory, temperature control units are used to understand properties and performance. In chemical R&D, specific temperature maintenance is critical for reaction safety and consistency. These are also helpful in R&D in the fields of pharmaceutical development, electronics testing, and biological studies.

Restraint

Lack of awareness of temperature-controlled units

The lack of awareness of temperature-controlled units can hamper the growth of the laboratory temperature-control units market. The temperature control unit can be accessible only from within a building, humidity levels cannot be controllable at all, and we cannot control the accurate temperature of the unit; it can be a preset thing in the complete facility. It also includes some disadvantages, like the risk of contamination if not properly maintained. Some units may be noisy and vibrate. Labs may have limited space, and maintenance like keeping clean, checking proper airflow, and checking gaskets may be time-consuming.

Opportunity

In-house R&D activities and advanced technologies

The in-house R&D activities and advanced technology applications in temperature control units eliminate the need for human intervention during experiments. In-house R&D activities offer many benefits for temperature control units, mainly in the air conditioning, heating, and ventilation sectors. It also includes the benefits of collaboration and integration, adaptability, faster time to market, quality control, cost efficiency, and customization and innovation.

• In February 2024, the opening of a new Copeland Innovation Lab was launched in Belluno, Italy, where the company employs more than 200 people and is a global provider of sustainable climate solutions in Copeland.

Polmon Instruments Pvt. Ltd. introduced India’s first Indigenous portable portable temperature unit, POLSTAT. It is a cooling and heating system for laboratory, pilot, and production.

Product Insights

The laboratory temperature controllers segment dominated the laboratory temperature control units market in 2023. The laboratory temperature controller benefits include helping to protect equipment from damage, saving energy expenses, improving product quality & work efficiency, and accurately controlling temperature, which helps the market’s growth. Additionally, laboratory temperature controllers not only help to improve product quality, work efficiency, and control temperature but also protect equipment, save energy, and reduce emissions.

• In August 2023, under the TVS series, made-in-India lab refrigerators and freezers were launched by Thermo Fischer Scientific. These lab refrigerators and freezers are helpful in healthcare, academic, and research laboratories with their features, including quality assurance, sustainability, ample storage, user safety, and accurate temperature control.

The laboratory chillers segment is anticipated to grow significantly during the forecast period. Accurate temperature control laboratory chillers offer many benefits, including consistent and accurate temperature control, ensuring that analyses and experiments are conducted under well-defined and stable conditions, which helps the growth of the laboratory temperature control units market. The benefits of laboratory chillers also include energy efficiency, improved instrument performance, and prevention of sensitive samples.

• In January 2024, the first chiller, without the use of refrigerants, the new eco-friendly TE400 chiller, which uses Peltier technology for more energy-efficient operation, was launched by JULABO USA. It provides effective laboratory cooling with a capacity of up to 400 watts and a range of -5 to 40°C.

Modality Insights

The standalone/benchtop segment dominated the laboratory temperature control units market in 2023. The benefits of standalone/benchtop laboratory temperature control units include that they play an important role in maintaining accurate temperatures for many applications, from scientific research to industrial processes. The benefits of a standalone temperature control unit include energy efficiency, minimal maintenance, liquid-free operation, quiet operation, and portable and compact. Benchtop temperature control units are ideal for low to medium power devices, as they have broad temperature ranges, ease of use, compact design, and accurate temperature control.

• In March 2022, a new 3-liter benchtop centrifuge named- the Allegra V-15R refrigerator centrifuge was launched by Beckmann Coulter Life Sciences. The new benchtop refrigerator centrifuge features include 50 programmable runs and ten rotor configurations.

The portable/handheld segment is estimated to be the fastest-growing during the forecast period. The benefits of portable/handhold temperature control units include temperature stability, preservation, versatility, and indoor access, which help the laboratory temperature control units market grow.

• In June 2024, the world’s lightest dual zone aluminum portable freezer, the APL35 on Indigogo, was launched by a leading expert in portable refrigeration solutions, ICECO. The new freezers have ultra-energy efficiency, ultra-aesthetic designs, and ultra-light build, making them an important companion for outdoor enthusiasts. Its temperature range is from -4°F to 68°F and compatible with AC 110V-220V and DC 12/24V

End-use Insights

The pharma & biotech industry segment dominated the laboratory temperature control units market in 2023. Laboratory temperature control units play an important role in the pharma & biotech industry. The benefits of laboratory temperature control units in the pharmaceutical & biotech industry include boosting customer confidence, enhancing supply chain efficiency, improving quality control and safety, increasing shelf life, complying with regulatory standards, and maintaining product integrity, which helps the market’s growth. In the pharma & biotech industry, laboratory temperature control units can help to improve the biological reaction process and enhance product yield and quality with stable and accurate temperature control.

• In June 2024, Huber offered a high-precision temperature control solution and associated accessories portfolio for the pharma and biotech industries. The portfolio is split into three ranges: hydraulically sealed thermostats (Uni stats), Chillers, and Open Bath Thermostats.

The hospital segment is anticipated to be the fastest-growing during the forecast period. Laboratory temperature control units play an important role in hospitals for many reasons, from maintaining sterile environments to patient comfort, which helps the growth of the laboratory temperature control units market. Hospitals use HVAC systems for temperature control. The benefits of laboratory temperature control units include sterile storage areas and invasive procedures, managing side effects, avoiding discomfort, and helping to control temperature for patient comfort and healing.

• In December 2023, a new regional reference laboratory was opened in Chennai, Tamilnadu, by Lupin Diagnostics. Lupin Diagnostics prioritizes quality and accuracy through strict quality control protocols like temperature-controlled sample movements, ensuring the constant quality and integrity of each sample.

Regional Insights

North America dominated the in 2023. Increasing investment in research and development activities and better healthcare expenditure contribute to the growth of the market. The presence of advanced healthcare facilities in hospitals and increasing government support for advanced laboratory product development has helped the growth of the market in the North American region. The United States is the leading country for the growth of the market in the North American region.

Total Refrigerants Data Summary of ThermoFisher from 2021 to 2023

• In February 2024, a new model of the PHCbi brand VIP ECO SMART ULT (ultra-low temperature) freezer series was launched by the supplier of the PHCbi brand of cell preservation and growth products in North America and Latin America markets, PHC Corporation of North America (PHCNA). The new freezer is useful in pharmaceutical companies, medical institutions, and universities.

Asia Pacific is estimated to be the fastest-growing during the forecast period of 2024-2034. The rising chronic diseases, increased awareness of diagnostic procedures and tools, and increased investment in research and development activities by pharma and biotech industries contribute to the growth of the laboratory temperature control units market in the Asia Pacific region. The entry of local players and distributors offers temperature control units, which helps the market growth.

• In August 2023, under the TVS series, made-in-India lab refrigerators and freezers were launched by Thermo Fischer Scientific. These lab refrigerators and freezers are helpful in healthcare, academic, and research laboratories with their features, including quality assurance, sustainability, ample storage, user safety, and accurate temperature control.
• In August 2023, in India, the ‘Wireless Temperature Monitoring System’ was launched by Metropolitan Wireless International (MWI). It offers a wide range of benefits, including health & well-being, a warning system, energy efficiency, smart automation, and accurate monitoring of temperature.

Laboratory Temperature Control Units Market Companies

• Thermo Fischer Scientific
• PolyScience
• Peter Huber Kaltemaschinenbau AG
• LAUDA
• JULABO GmbH
• HiTec Zang GmbH
• Heidolph
• Green Leaf Scientific
• Grant Instruments
• Gericke AG
• Delta Electronics
• BMG Labtech
• AutoMate Scientific
• IKA
• FRYKA Kaltetechnik
• Eurodifroid
• Delta T Systems
• Bio-Rad Laboratories

Recent Developments

• In April 2024, Thermo Fischer Scientific launched the new TSX Universal Series of high-performance, ULT (Ultra-low temperature) lab freezers, building on 80 years of expertise in the engineering of cold storage lab equipment. This is helpful for reliability, sustainability, and performance.
• In July 2024, a new liquid cooling lab and data center was launched by Iceotope in Sheffield, UK. The new lab is designed to research and test liquid cooling. The lab features an FWS (facility water system), a TCS (technology cooling system) loop with heat exchangers, and also an outside dry cooler showing key technologies for a total liquid-cooled facility.
• In June 2024, the new temperature control units were named ‘i-TEMP COMPACT eco. Line units with 92% carbon emissions reduction were launched by ICS Cool Energy, specializing in total temperature control solutions for manufacturing processes and facility applications.

Segments Covered in the Report

By Product

• Laboratory Temperature Controllers
• Laboratory Thermostats
• Laboratory Chillers
• Laboratory Circulators
• Others

By Modality

• Standalone/Benchtop
• Portable/Handheld

By End-use

• Hospitals
• Pharma & Biotech Industry
• Chemical Industry
• Food & Beverage Industry
• Others

By Geography

• North America
• Asia Pacific
• Europe
• Latin America
• Middle East & Africa