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K-12 Laboratory Kits Market in the US 2016-2020

  • Published: Sep 2016
  • Pages: 58
  • SKU: IRTNTR10532
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This market research report identifies players like Carolina Biological Supply, eScience Labs, LAB-AIDS, and Quality Science Labs to be the key vendors in the K-12 laboratory kits market in the US. This research report also presents a detailed segmentation of the market by product (science and others) and by end-user (elementary and secondary school).

Overview of the K-12 laboratory kits market in the US

Technavio’s market research analyst predicts the K-12 laboratory kits market in the US to grow at a CAGR of almost 12% between 2016 and 2020.  Several K-12 schools in the US are implementing various education technology products and refurbishing their teaching and learning methodologies. Schools are endorsing the concept of experiential learning as it aligns with their student-centric learning approach. Such advanced curriculum processes allow students to take responsibility for their learning process. To complement the such approaches, educational institutions in the US are adopting instructional materials such as laboratory kits to increase the element of personalized learning, primarily in the K-12 segment.

Owing to the paradigm shift in the delivery of education, experiential and inquiry-based learning has gained huge traction in the market, which has increased the adoption of laboratories that endorses the culture of learning through curiosity. Laboratories are increasingly being used as the potential medium to address the weaknesses associated with traditional pedagogy. There has been a rise in experiential learning to operationalize theoretical concepts using laboratories as the medium of granting education to students. Experiential learning involves real-life problem solving, replication of authentic situations and contexts, and offers learner-controlled activities, which ultimately allows the learner to develop their cognitive skills. The experiments that are carried out in laboratories are designed to enhance pedagogy used by schools.

Competitive landscape and key vendors

The surging quality of education has necessitated the adoption of updated products and replacement of traditional equipment in the educational sector. The vendors in this market are facing issues related to the commoditization of the laboratory kits and compete on the basis of price and product quality. Vendors such as LAB-AIDS offer products on sale to customers to attract their interest and loyalty.  The players are providing complementary services such as customization and professional development to increase collaborations with schools. They are broadening their product portfolios to include various subjects such as geography and astronomy apart from traditional science subjects.  However, the market faces immense threat from the online methods of carrying out experiments through virtual and remote laboratories.

Leading vendors in the market are -

  • Carolina Biological Supply
  • eScience Labs
  • LAB-AIDS
  • Quality Science Labs

Other prominent vendors in the K-12 laboratory kits market in the US include Thames & Kosmos, POOF-Slinky, SmartLab Toys, and ScienceWiz.

Product segmentation and analysis of the K-12 laboratory kits market in the US

  • Science
  • Other (earth science, geology, environmental science, astronomy, forensic science, and psychometric and cognitive tests)

The science laboratory kits segment dominates the K-12 laboratory kits market in the US as it consists of laboratory kits designed for practical applications of subjects like physics and chemistry. Laboratory kits have always been primary school supplies as the activities are crucial for understanding the subject knowledge.  To improve the overall education system, the US government and educational institutions are investing in time and resources in STEM education learning process. Such developments will increase the demand for K-12 instruction materials primarily for science subjects such as laboratory kits in the next four years.

Segmentation by end-user and analysis of the K-12 laboratory kits market in the US

  • Secondary school
  • Elementary school

Education authorities in the secondary school segment are focusing towards better knowledge delivery to students specifically in the science subjects. They have come up with an initiative, Next Generation Science Standards, which proposes science teaching and learning standards in the US schools. Secondary schools are vehemently following the standard to upgrade their student knowledge and relate it to the real-world scenarios. Instruction materials such as laboratory kits will aid the educational institutions in offering practical applications for better comprehension of the concepts. This will lead students to spend more time on laboratory experiments and activities in the coming years.

Key questions answered in the report include

  • What will the market size and the growth rate be in 2020?
  • What are the key factors driving the K-12 laboratory kits market in the US?
  • What are the key market trends impacting the growth of the K-12 laboratory kits market in the US?
  • What are the challenges to market growth?
  • Who are the key vendors in the K-12 laboratory kits market in the US?
  • What are the market opportunities and threats faced by the vendors in the K-12 laboratory kits market in the US?
  • Trending factors influencing the market shares of the US.
  • What are the key outcomes of the five forces analysis of the K-12 laboratory kits market in the US?

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Table of Contents

PART 01: Executive summary

  • Highlights

PART 02: Scope of the report

  • Market overview
  • Top-vendor offerings

PART 03: Market research methodology

  • Research methodology
  • Economic indicators

PART 04: Introduction

  • Key market highlights

PART 05: Economic overview

PART 06: Market landscape

  • Education industry in US
  • K-12 lab kits market in US
  • Five forces analysis

PART 07: Market drivers

  • Inception of laboratory schools
  • Emphasis on STEM education
  • Development of cognitive skills
  • Replacement of old devices

PART 08: Impact of drivers

PART 09: Market challenges

  • Emergence of alternative learning models
  • Lack of funding opportunities
  • Safety hazards

PART 10: Impact of drivers and challenges

PART 11: Market trends

  • Growth of experiential and inquiry-based learning
  • Opportunities for formative assessment
  • Presence of online retailers and aggregators
  • Emphasis on pre-school students

PART 12: Market segmentation by product

  • K-12 laboratory kits market in US by product
  • K-12 science laboratory kits market in US
  • K-12 laboratory kits market in US by others

PART 13: Market segmentation by end-user

  • K-12 laboratory kits market in US by end-user
  • Laboratory kits market in US by secondary schools
  • Laboratory kits market in US by elementary schools

PART 14: Market segmentation by school ownership

  • K-12 laboratory kits market in US by ownership

PART 15: Vendor landscape

  • Competitive scenario
  • Competitive benchmarking

PART 16: Key vendor analysis

  • Carolina Biological Supply Company
  • eScience Labs
  • LAB-AIDS
  • Quality Science Labs

PART 17: Other prominent vendors

  • Thames & Kosmos
  • POOF-Slinky
  • SmartLab Toys
  • ScienceWiz

PART 18: Appendix

  • List of abbreviations

PART 19: Explore Technavio

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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