Global Laboratory Cabinet Market 2016-2020
About Laboratory Cabinet
Laboratory cabinets are used for storage of chemicals, equipment, and samples, and they provide a safe, contamination-free work space. Laboratory cabinets fall into the category of laboratory furniture, and they can be classified depending on application, size, and end-users. General purpose and chemical cabinets are used in laboratories for storing various materials and equipment, whereas biosafety cabinets and laminar flow cabinets are used to provide a safe working platform for handling delicate materials or contaminants that require a clean, secluded, and dust-free space.
Technavio’s analysts forecast the global laboratory cabinet market to grow at a CAGR of 6.11% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global laboratory cabinets market for 2016-2020. The market size was calculated from revenue generated from the sales of laboratory cabinets by the market vendors in this product category.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Laboratory Cabinet Market 2016-2020
Technavio recognizes the following companies as the key players in the Global Laboratory Cabinet Market: ESCO, Labconco, Polypipe, The Baker Company, and Thermo Fisher Scientific.
Other Prominent Vendors in the market are: A.T. Villa, AirClean Systems, Alkali Scientific, Azbil Telstar, Aztec Microflow, Bassaire, Durcon, Erlab, Intermetro Industries, Kewaunee Scientific, LOC Scientific, LabDesign, Looped Logic, Sandusky, TrippNT, and Valley Craft.
Commenting on the report, an analyst from Technavio’s team said: “Growing traction of automation in various laboratory processes is likely to be seen in the laboratory cabinet market during the forecast period.”
According to the report, Growth of the global laboratory cabinet market is attributed to an anticipated increase in R&D expenditure between 2015 and 2020.
Further, the report states that the major factor inhibiting the growth of this market is the low frequency of repurchase.
ESCO, Labconco, Polypipe, The Baker Company, Thermo Fisher Scientific, A.T. Villa, AirClean Systems, Alkali Scientific, Azbil Telstar, Aztec Microflow, Bassaire, Durcon, Erlab, Intermetro Industries, Kewaunee Scientific, LOC Scientific, LabDesign, Looped Logic, Sandusky, TrippNT, Valley Craft.
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