The global laboratory market is reaping the gains of positioning green labs to minimize indoor heating during the summers. Likewise, the utilization of green labs during winter assists in maximizing solar advantage, further propelling the growth trajectory of the laboratory furniture market. Laboratory furniture, being ergonomically constructed, facilitates effective utilization of space and instils endurance to wetness, chemicals, and impact. Due to its comprehensive capabilities, consistent innovations, research, and development, laboratory furniture is extensively being used across a spectrum of industries. An upsurge in demand for energy recovery systems and sustainable furniture at affordable prices coupled with greater calls for the development of eco-friendly laboratories are also fuelling the market expansion. Such trends and concerns apropos to environment conservation have triggered manufacturers to opt for eco-friendly materials in laboratory furnishings, stimulating growth across the laboratory furniture market.
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Broad-ranging Industrial Applications to Assist Laboratory Furniture Market Expansion
The growing impact of industrial development on the environment has coerced manufacturers and government authorities to make seismic shifts toward sustainable development. Against this backdrop, materials such as stainless steel that are sustainable, easily recyclable, and increase the life of fixtures are gaining substantial momentum. These laboratory fixtures from well-customized workstations are highly capable of supporting their essential on-the-job duties. Furthermore, lab equipment are ergonomically designed to provide support and comfort to technicians while minimizing the risk of repetitive stress injuries as they perform their tasks. In addition, modular laboratory fixtures enable efficient and smooth designing of workstations, extensively sporting technicians in their activities. These novel applications across a range of industries are likely to bode well for the holistic growth of the laboratory furniture market.
Increased Safety Rules, and Strong Backing by Governments to Steer Laboratory Furniture Market Growth
With strict safety regulations anid an increased frequency of health issues, the need for laboratory testing services has ballooned at a robust pace. A rise in the geriatric population and the need for proper hygiene among them has further augmented the demand for lab-tested products. In view of this, governments are actively passing safety standards and norms to enhance the quality and durability of products. Moreover, the laboratory furniture efficiently endures moisture, chemicals, and impact. This, in a way, has created a demand for laboratory furniture on a global level. Governments are also channelling significant funds toward the development of medical infrastructure and the provision of lab furniture for education drive school and college administrations. Therefore, the global laboratory furniture market is set to make strides toward growth in the upcoming years.
Increased Government Spending Paves the Way for North America to Slate Dominance in Laboratory Furniture Market
Over the forecast period, North America is likely to accumulate a major share of the global laboratory furniture market at the helm of strong government support. The regional government is incenting military research facilities through significant funding that has expanded the dynamics of the market in North America. Furthermore, the amplification of analytical and quality control checking centres to assess and attest products, produced in huge volumes, against preset standards has also contributed to the growing demand for laboratory furniture in the region.
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Major Market Players
Some of the most prominent players in the global laboratory furniture market include GE Kewaunee Scientific, FRIATEC GmbH, MERCI, s.r.o., Healthcare Services, PSA Laboratory Furniture LLC, LOC Scientific, WALDNER Laboreinrichtungen GmbH & Co. KG, Mott Manufacturing Ltd., and Symbiote Thermo Fisher Scientific.
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