North America Laboratory Hoods and Enclosure Market is expected to grow with the CAGR of 8.6% in the forecast period of 2023 to 2030. The years considered for study are as mentioned below.
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North America laboratory hoods and enclosure market is a highly consolidated market, which includes specific number of key players. The market has witnessed increased strategic developments owing to favourable market scenario.
The major players dealing in North America laboratory hoods and enclosure market are introducing strong range of products provider along with launching new products and adopting strategic initiative such as mergers, partnership and agreement into the market. This helped companies to maximize the sales with enhanced product portfolio.
For instance,
- In February 2021, Thermo Fisher Scientific Inc. acquired leading cell sorting technology from Propel Labs. This high-speed electronics and innovative design of the Bigfoot Spectral Cell Sorter accelerate sorting by up to 10 times. It also has an integrated Class II biocontainment system that eliminates the need for separate biosafety cabinets. This acquisition will help the company to strengthen leadership in innovative lab equipments
- In August 2021, Sheldon Laboratory Systems united with Diversified Casework to be stronger in the laboratory marketplace. This would help the company will provide the market with the largest manufacturer of wood laboratory casework in the U.S., focused on providing the highest level of service combined with premium quality products
Thermo Fisher Scientific Inc. is the dominating player in North America laboratory hoods and enclosure market. The other key players existing in the market includes WALDNER Holding GmbH & Co. KG, Köttermann GmbH, Yamato Scientific co., ltd., Nuaire, Sentry Air Systems, Inc., Sheldon Laboratory Systems, Bigneat Ltd., Royston Group | Hamilton Lab Solutions, AirClean Systems, Inc., Mott Manufacturing Ltd. & Mott Manufacturing LLC., Terra Universal, Inc., Labconco, Esco Micro Pte. Ltd., Flow Science Inc., Air Science USA LLC, LOC SCIENTIFIC and Kewaunee International Group among others.
Thermo Fisher Scientific Inc.
Thermo Fisher Scientific Inc. was founded in the year 1956. The company focuses on accelerating life sciences research, solving complex analytical challenges, improving patient diagnostics, and therapies, or increasing productivity in their laboratories. The company provides life sciences solutions, analytical instruments, specialty diagnostics, and laboratory products and services as business segments, out of which laboratory products and services is the market focused segment. The company provides products under laboratory products, laboratory chemicals, research, and safety market channel, and pharma services product categories and the market focus products lie under the laboratory products category.
For Instance,
- In February 2021, Thermo Fisher Scientific Inc. acquired leading cell sorting technology from Propel Labs. This high-speed electronics and innovative design of the Bigfoot Spectral Cell Sorter accelerate sorting by up to 10 times. It also has an integrated Class II biocontainment system that eliminates the need for separate biosafety cabinets. This acquisition will help the company to strengthen leadership in innovative lab equipment
Kewaunee International Group
Keawaunee International Group, headquartered in North Carolina, North America, was founded in 1906. The Company is a manufacture of laboratory equipment and furniture. The company provides products under product selectors, ventilated devices, laboratory furniture, and safety cabinets. The market focus products lie under the safety cabinets product category.
For Instance,
- In July 2021, Kewaunee International Group (NASDAQ: KEQU) announced a strategic alliance between Schneider Electric and Kewaunee Scientific Corporation’s International division. The combined alliance will offer an unparalleled value proposition for customers who desire an integrated, turn-key solution when building a new laboratory or modernizing an existing facility. This would help the company enhance its position as a market leader, thereby increasing its value proposition and growth
Nuaire
Nuaire is headquartered in Minnesota, U.S., and was incorporated in 1971. The company focused on manufacturing scientific laboratory equipment and compounding pharmacy airflow products providing personnel, product, and environmental protection in critical research environments worldwide. The company is engaged in providing products in categories like biosafety cabinets, laminar airflow workstations, containment ventilated enclosures, restricted access barrier systems, CO2 incubators, ultra-low freezers, centrifuges, animal transfer stations, animal refuse workstations, polypropylene fume hoods, polypropylene casework, custom lab automation enclosures and parts among which biosafety cabinets, laminar airflow workstations, containment ventilated enclosures, polypropylene fume hoods, and custom lab automation enclosures are the market focused categories.
The company has a presence across North America. The company has initiated many strategic initiatives to expand its market.