This market research report includes a detailed segmentation of the global clean bench market by vertical and horizontal type. It outlines the market shares for key regions such as the Americas, APAC, and EMEA. A comprehensive analysis of the leading vendors such as Thermo Fischer, ESCO, Shanghai Boxun, Labconco, and Baker is also included.
Technavio’s market research analysts estimate the global clean bench market to grow at a CAGR of 7% between 2015 and 2019. Increase in demand from research facilities and laboratories worldwide has augmented the demand for clean benches. The APAC region is predicted to be the fastest growing region during the forecast period, posting a CAGR of around 8%. One of the primary drivers for this region’s market growth is the shift of major R&D facilities to this region. Moreover, the tax deduction offered for investments in research by countries such as South Korea, Taiwan, China and Singapore is anticipated to contribute to the growth of the region.
The new market research report from Technavio provides a breakdown and analysis of the clean bench segments by technology.
“Technological advancements in molecular diagnostics have boosted the usage of clean benches in biotechnology and engineering industries. Biological safety cabinets have been introduced that provide performance as well as protection. Clean bench manufacturers are investing heavily in addressing concerns related to infections caused by antimicrobial particles and drug-resistant bacteria. The introduction of UPLA filter systems and dual-purpose motors have increased the efficiency of clean benches. These clean benches have become more functional and accurate in their performance owing to the use of real-time analysis by manufacturers,” says Navin Rajendra, Lead Analyst, New Coverage, Technavio Research.
Vertical clean benches dominate the global market for clean benches, occupying around 61% of the total market share. Being energy efficient and safe, these benches are especially used in manufacturing, power and utility, forensic analysis, automotive, and aerospace industries. This segmented is expected to generate revenue worth US $475 million during the forecast period.
Global vertical clean bench market 2014-2019 ($ millions)
Source: Technavio Research
The leading vendors in the global clean bench market include Baker, ESCO, Labconco, Shanghai Boxun Industry & Commerce and Thermo Fisher Scientific. The market is fragmented and competitive with the presence of several vendors. This research report predicts that various technical and research challenges would facilitate inorganic growth within the market. Most of the key vendors in this market are offering biosafety cabinets.
A more detailed analysis is available in the Technavio report, Global Clean Bench Market – Market Analysis 2015-2019.
We can customize reports by other regions and specific segments upon request.
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