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

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?

Technavio also offers customization on reports based on specific client requirement.

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