Global Laboratory Hoods and Enclosure Market, By Product (Ventilated Balance Enclosures (VBEs), Biological Safety Cabinets, Laminar Flow Cabinets, Enclosures, Hoods, Others), Modularity (Benchtop, Portable), Material (PVC, Stainless Steel, Others), End User (Pharmaceutical Companies, Research Institutes, Academic Centers, Others) – Industry Trends and Forecast to 2031.
Laboratory Hoods and Enclosure Market Analysis and Size
The laboratory hoods and enclosure market refers to the industry involved in the manufacturing, distribution, and sale of specialized equipment designed to provide a controlled environment for various scientific and industrial processes conducted in laboratories. These products are essential for ensuring safety, controlling contamination, and maintaining optimal conditions during experiments, research, and testing procedures.
Data Bridge Market Research analyzes that the global laboratory hoods and enclosure market, which was USD 12.82 billion in 2023, is likely to reach USD 16.84 billion by 2031 and is expected to undergo a CAGR of 7.7% during the forecast period 2024-2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2024 to 2031
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Base Year
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2023
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Historic Years
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2022 (Customizable to 2016-2021)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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By Product (Ventilated Balance Enclosures (VBEs), Biological Safety Cabinets, Laminar Flow Cabinets, Enclosures, Hoods, Others), Modularity (Benchtop, Portable), Material (PVC, Stainless Steel, Others), End User (Pharmaceutical Companies, Research Institutes, Academic Centers, Others)
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Peru, Rest of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Hungary, Lithuania, Austria, Ireland, Norway, Poland, Rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Vietnam, Rest of Asia-Pacific, Saudi Arabia, U.A.E., Egypt, Israel, Kuwait, South Africa, Rest of Middle East and Africa
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Market Players Covered
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Thermo Fisher Scientific Inc. (U.S.), WALDNER Holding GmbH & Co. KG (Germany), Köttermann GmbH (Germany), SHIMADZU RIKA CORPORATION (Japan), Yamato Scientific co., ltd. (Japan), Nuaire (U.S.), Sentry Air Systems, Inc. (U.S.), Sheldon Laboratory Systems (U.S.), Bigneat Ltd. (U.K.), Royston Group (U.S.) | Hamilton Lab Solutions (U.S.), AirClean Systems, Inc. (U.S.), Mott Manufacturing Ltd. & Mott Manufacturing LLC. (U.S.),
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Market Opportunities
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Market Definition
Fume hoods are ventilated enclosures that remove hazardous chemical fumes, particulates, and volatile vapors from the laboratory, providing personnel protection and prevent them from inhalation or absorption of hazardous chemicals and other health problems. The fume hood limits the exposure to hazardous or toxic fumes, vapors, or dust by safely removing these substances from the immediate working environment. It also serves to protect the sample from the external environment. A ventilated enclosure is any site-fabricated chemical hood designed to contain processes, such as scale-up or pilot plant equipment. Ventilated balance enclosures are used in laboratories to weigh toxic particulates. These devices are installed with different specifications for face velocity than the standard laboratory chemical hood. They are well suited for locating sensitive balances that might be disturbed if placed in a laboratory chemical hood.
Global Laboratory Hoods and Enclosure Market Dynamics
Drivers
- Technological Advancements in Diagnostic Tools and Treatment Modalities
Technological advancements play a significant role in shaping the laboratory hoods and enclosure market. Integration of smart sensors and monitoring systems allows for real-time tracking of environmental conditions inside laboratory hoods and enclosures. Technological advancements in materials contribute to the development of more robust and chemically resistant materials for constructing laboratory hoods and enclosures.
- Increasing Research and Development Activities
The growth in research and development activities, particularly in fields such as pharmaceuticals, biotechnology, and life sciences, boosts the demand for specialized laboratory equipment, including hoods and enclosures.
Opportunity
- Increased focus on contamination control
With a greater emphasis on maintaining a controlled and sterile environment, laboratory hoods and enclosures play a critical role in controlling contamination during experiments, ensuring the reliability of research outcomes. This creates new opportunities for the market growth.
Restraint/Challenge
- High initial costs
The initial capital investment required for purchasing and installing high-quality laboratory hoods and enclosures can be substantial. This cost can act as a restraint, particularly for smaller laboratories or those with limited budgets. Beyond the initial investment, ongoing operational and maintenance costs can be significant. Laboratories may incur expenses for regular servicing, calibration, and energy consumption, which could deter some organizations from adopting or upgrading to advanced systems..
This laboratory hoods and enclosure market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the laboratory hoods and enclosure market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Developments
- In July 2020, Labconco announced a significant enhancement to efficiency and safety for our Protector Echo and Airo line of eco-friendly filtered fume hoods. This product up-gradation has strengthened the company’s business
- In August 2021, Bigneat Ltd. was completely acquired by Caron Products and Services. The combination of our strong European network and Caron’s market leadership in the U.S. provides immediate opportunities to both businesses to better serve our customers
Global Laboratory Hoods and Enclosure Market Scope
The laboratory hoods and enclosure market is segmented based on the product, modularity, material, and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the Users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Ventilated Balance Enclosures (VBEs)
- Biological Safety Cabinets
- Laminar Flow Cabinets
- Enclosures
- Hoods
- Others
Modularity
- Benchtop
- Portable
Material
- PVC
- Stainless Steel
- Others
End user
- Pharmaceutical Companies
- Research Institutes
- Academic Centers
- Others
Global Laboratory Hoods and Enclosure Market Regional Analysis/Insights
The laboratory hoods and enclosure market is analyzed and market size insights and trends are provided by country, product, modularity, material, and end user.
The countries covered in the market report are the U.S., Canada, Mexico, Brazil, Argentina, Peru, rest of South America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Hungary, Lithuania, Austria, Ireland, Norway, Poland, rest of Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Vietnam, rest of Asia-Pacific, Saudi Arabia, U.A.E., Egypt, Israel, Kuwait, South Africa, and rest of Middle East and Africa.
Europe is expected to dominate the market due to rising technological advancements.
North America is expected to show fastest growth rate in the forecast period of 2024 to 2031 due to the increasing healthcare expenditure.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the Market scenario for individual countries. Also, the presence and availability of North America brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Global Laboratory Hoods and Enclosure Market Share Analysis
The laboratory hoods and enclosure market competitive landscape provides details by the competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width, and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to the laboratory hoods and enclosure market.
Some of the major players operating in the laboratory hoods and enclosure market are:
- Thermo Fisher Scientific Inc. (U.S.)
- WALDNER Holding GmbH & Co. KG (Germany)
- Köttermann GmbH (Germany)
- SHIMADZU RIKA CORPORATION (Japan)
- Yamato Scientific co., ltd. (Japan)
- Nuaire (U.S.)
- Sentry Air Systems, Inc. (U.S.)
- Sheldon Laboratory Systems (U.S.)
- Bigneat Ltd. (U.K.)
- Royston Group (U.S.)
- Hamilton Lab Solutions (U.S.)
- AirClean Systems, Inc. (U.S.)
- Mott Manufacturing Ltd. & Mott Manufacturing LLC. (U.S.)
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