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The glove box market share is expected to increase by USD 133.92 million from 2021 to 2026, at a CAGR of 10.66%.
This glove box market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers glove box market segmentation by type (isolation glove box and filtered containment glove box) and geography (North America, Europe, APAC, South America, and MEA). The glove box market report also offers information on several market vendors, including Antylia Scientific, Coy Laboratory Products Inc., Germfree Laboratories Inc., Glove Box Technology Ltd., GS GLOVEBOX Systemtechnik GmbH, Inert Corp., JACOMEX SAS, LC Technology Solutions Inc., M. BRAUN INERTGAS-SYSTEME GMBH, and VILITEK LLC among others.
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The rising application of glove boxes is notably driving the glove box market growth, although factors such as risk related to glove boxes may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the glove box industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Glove Box Market Driver
One of the key factors driving the global glove box market growth is the rising application of glove boxes in additive manufacturing and aeronautics. These products are also in high demand in 3D printing, laser and titanium welding, petrochemicals, electronic gadgets, food, Li-ion batteries and the nuclear industry. Space agencies demand glove boxes to perform experiments in microgravity. The inert atmosphere glove boxes are ideal environments for synthesizing air and moisture-sensitive materials and preparing them for analysis without exposing them to oxygen. Therefore, the rising application of glove boxes will drive the growth of the market in focus during the forecast period
Key Glove Box Market Challenge
One of the major challenges to the global glove box market growth is the risk related to glove boxes such as over-pressurizations, contamination that can affect the workers as they contain hazardous material. The individuals should be trained to understand features that prevent over-pressurizations, flooding, and fire. Over-pressurization can cause a breach in the glovebox, endangering the user, damaging other equipment, spreading hazardous contaminants, and letting air with oxygen and moisture into the box. Thus, the risks associated with glove boxes can negatively impact the growth of the market in focus during the forecast period.
This glove box market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the glove box market encompasses successful business strategies deployed by the key vendors. The glove box market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The glove box market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
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35% of the market's growth will originate from North America during the forecast period. The US is the key market for the glove box in North America. However, the market growth rate in this region will be slower than the growth of the market in APAC, South America, and MEA.
The rapid growth of the end-user industries such as electronics, chemical, pharmaceutical, and biotechnology companies will facilitate the glove box market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
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The glove box market share growth by the isolation glove box segment will be significant during the forecast period. The significant increase in the demand for isolation gloves boxes owing to its application in cleanrooms and laboratories for manufacturing and testing pharmaceuticals, biologicals, chemicals, and microelectronics will facilitate the growth in this segment. The growth will be further supported by the demand for inert gas mobile glove box systems (by researchers) to provide a clean, low-moisture, and low-oxygen environment for working with moisture-sensitive materials or reactive chemicals.
This report provides an accurate prediction of the contribution of all the segments to the growth of the glove box market size and actionable market insights on post COVID-19 impact on each segment.
Automotive Glove Box market - The market share should rise by 25970.00 thousand units from 2021 to 2025 at a CAGR of 5.94%.
Glove Box Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Decelerate at a CAGR of 10.66% |
Market growth 2022-2026 |
$ 133.92 million |
Market structure |
Fragmented |
YoY growth (%) |
11.76 |
Regional analysis |
North America, Europe, APAC, South America, and MEA |
Performing market contribution |
North America at 35% |
Key consumer countries |
US, Germany, China, UK, and Japan |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
Antylia Scientific, Coy Laboratory Products Inc., Germfree Laboratories Inc., Glove Box Technology Ltd., GS GLOVEBOX Systemtechnik GmbH, Inert Corp., JACOMEX SAS, LC Technology Solutions Inc., M. BRAUN INERTGAS-SYSTEME GMBH, and VILITEK LLC |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this report to meet your requirements. Get in touch
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Type
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
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