Global Laboratory Cart Market 2016-2020
About Laboratory Cart
Laboratory carts fall into the category of laboratory furniture and provide easy transportation of equipment and samples within the laboratory. There are different types of laboratory carts based on the processes involved and the materials that need to be transported. The most commonly transported materials are glassware, equipment, chemicals, books, and instruments. Some of these carts also provide storage space for supplies and consumables.
Technavio’s analysts forecast the global laboratory cart market to grow at a CAGR of 4.11% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global laboratory cart market for 2016-2020. The market size was calculated from the revenue generated from the sales of laboratory carts.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Laboratory Cart Market 2016-2020
Technavio recognizes the following companies as the key players in the Global Laboratory Cart Market: Cole-Parmer, Labconco, Luxor, Sovella, and TrippNT.
Other Prominent Vendors in the market are: A.T. Villa, AirClean Systems, Alkali Scientific, Azbil Telstar, Aztec Microflow, Bassaire, CeilBlue, Durcon, Esco, Eagle Group, Erlab, Geerpres, Hamilton Scientific, Intermetro Industries, Kewaunee Scientific, LOC Scientific, Labconco, and Thermo Fisher Scientific.
Commenting on the report, an analyst from Technavio’s team said: “An increase in automation in various laboratory processes will be seen in the laboratory cart market during the forecast period.”
According to the report, the growth of the global laboratory cart market is attributed to an anticipated increase in R&D expenditure between 2015 and 2020. The increasing number of subcontract laboratories will also play a vital role in the growth of the market during the forecast period.
Further, the report states that the major challenge inhibiting the growth of this market is the low frequency of repurchase.
Cole-Parmer, Labconco, Luxor, Sovella, TrippNT, A.T. Villa, AirClean Systems, Alkali Scientific, Azbil Telstar, Aztec Microflow, Bassaire, CeilBlue, Durcon, Esco, Eagle Group, Erlab, Geerpres, Hamilton Scientific, Intermetro Industries, Kewaunee Scientific, LOC Scientific, Labconco, Thermo Fisher Scientific.
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