Laboratory Safety Cabinets in this report specifically refers to Biological safety cabinets (BSCs). Biological safety cabinets (BSCs) are designed to protect the operator, the laboratory environment and work materials from exposure to infectious aerosols and splashes that may be generated when manipulating materials containing infectious agents, such as primary cultures, stocks and diagnostic specimens BSCs, when properly used, have been shown to be highly effective in reducing laboratory acquired infections and cross-contaminations of cultures due to aerosol exposures. The Biological Cabinets divide to 3 classes- Class I biological safety cabinet, Class II biological safety cabinets, Class III biological safety cabinet.
North America is expected to exceed USD 41.40 million by 2016, at a CAGR of over 8.39% from 2011 to 2016. Asia is estimated to be the largest market for Laboratory Safety Cabinets in 2016, with China expected to lead the market in terms of growth rate from 2011 to 2016.
The two largest player account for about 29.11 % of total industry production value in 2015. Key market players include ESCO, Thermo Fisher Scientific Inc, AIRTECH, Telstar Life-Sciences, NuAire (Polypipe), The Baker Company, Kewaunee Scientific, Heal Force Bio-Meditech, BIOBASE, Donglian Har Instrument, and Labconco among others.
The market is not only influenced by the price, but also influenced by the product performance. Although China Biological Safety Cabinet companies have price advantage, the application is narrow to some extent due to the poor manufacture processing, cheap raw material and less diversity of products. The leading companies own the advantages on better performance, more abundant product?s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. Looking to the future years, the slow downward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing.

According to this study, over the next five years the Laboratory Safety Cabinets market will register a 6.0% CAGR in terms of revenue, the global market size will reach USD 200 million by 2024, from USD 140 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Laboratory Safety Cabinets business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Laboratory Safety Cabinets market by product type, application, key manufacturers and key regions and countries.

This study considers the Laboratory Safety Cabinets value and volume generated from the sales of the following segments-

Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Class I Biological Safety Cabinets
Class II Biological Safety Cabinets
Class III Biological Safety Cabinet
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Pharmaceutical factory
Hospital
Disease Prevention and Control
Academic Research
Others (Food Inspection Station, Chemical etc.)

This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
ESCO
Thermo Fisher Scientific Inc
AIRTECH
Telstar Life-Sciences
NuAire (Polypipe)
Baker Company
Kewaunee Scientific
Heal Force Bio-Meditech
BIOBASE
Donglian Har Instrument
Labconco

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Laboratory Safety Cabinets consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Laboratory Safety Cabinets market by identifying its various subsegments.
Focuses on the key global Laboratory Safety Cabinets manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Laboratory Safety Cabinets with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Laboratory Safety Cabinets submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.