Global Fume Hood Market Growth 2023-2029

Global Fume Hood Market Growth 2023-2029

A fume hood (sometimes called a fume cupboard or fume closet) is a type of local ventilation device that is designed to limit exposure to hazardous or toxic fumes, vapors or dusts. Its secondary function includes protection against chemical spills, runaway reactions and fires by acting as a physical barrier.
LPI (LP Information)' newest research report, the “Fume Hood Industry Forecast” looks at past sales and reviews total world Fume Hood sales in 2022, providing a comprehensive analysis by region and market sector of projected Fume Hood sales for 2023 through 2029. With Fume Hood sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Fume Hood industry.
This Insight Report provides a comprehensive analysis of the global Fume Hood landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Fume Hood portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Fume Hood market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Fume Hood and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Fume Hood.
The global Fume Hood market size is projected to grow from US$ 571.4 million in 2022 to US$ 723.2 million in 2029; it is expected to grow at a CAGR of 723.2 from 2023 to 2029.
The major players in global Fume Hood market include Thermo Fisher Scientific, Waldner, Kottermann, etc. The top 3 players occupy about 20% shares of the global market. North America and Europe are main markets, they occupy about 55% of the global market. Ducted Fume Hoods is the main type, with a share about 60%. Industrial and Biomedical Research Labs are the main applications, which hold a share about 65%.
This report presents a comprehensive overview, market shares, and growth opportunities of Fume Hood market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Ductless Fume Hoods
Ducted Fume Hoods
Segmentation by application
Undergraduate Teaching Labs
Industrial and Biomedical Research Labs
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Thermo Fisher Scientific
Waldner
Kottermann
AirClean Systems
Mott
Esco
Terra Universal
Labconco
Shimadzu Rika
Yamato Scientific
Erlab
NuAire
ECOSAFE
Bigneat
Sentry Air Systems
Dealye
Flow Sciences
Air Science
Monmouth Scientific
Sunking
Kerric
Key Questions Addressed in this Report
What is the 10-year outlook for the global Fume Hood market?
What factors are driving Fume Hood market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Fume Hood market opportunities vary by end market size?
How does Fume Hood break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.