LONDON--(BUSINESS WIRE)--Technavio analysts forecast the global cleanroom furniture market to grow at a CAGR of almost 5% during the forecast period, according to their latest report.
The research study covers the present scenario and growth prospects of the global cleanroom furniture market for 2017-2021. To calculate the market size, the report considers the demand generated from end-users such as the medical industry, semiconductor industry, and others, such as the food, automotive, and aerospace industries.
Growth in the aerospace and defense sector in developing economies will be a primary driver for the market. The increased investments in developing countries like India will propel the use of cleanrooms and subsequently result in an increased demand for cleanroom furniture. The demand for consumer electronics is a primary driver for the semiconductor equipment industry, which is, in turn, a key end-user for the cleanroom furniture market.
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Technavio analysts highlight the following three factors that are contributing to the growth of the global cleanroom furniture market:
- Growth in aerospace and defense sector in developing economies
- Consumer electronics driving semiconductor industry
- Increase in the adoption of modular cleanrooms
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Growth in aerospace and defense sector in developing economies
Cleanrooms are used for manufacturing aerospace components. Cleanroom processing is of paramount importance in the aerospace industry for the delivery of safe, uncontaminated, and effective components. Manufacturing defects are caused by the slightest contamination in these controlled environments.
Neelesh Prakash Singh, a lead research analyst at Technavio, says, “The automotive industry is heavily reliant on such regulated, controlled environments for conducting experiments and creating products, such as space-flight lasers. Therefore, equipment and furniture used in these cleanrooms need to adhere to prescribed standards. The growth in terms of aircraft fleet and increased manufacturing will positively impact the market for cleanroom furniture.”
Consumer electronics driving semiconductor industry
The consumer electronics industry is continually growing and evolving. It has been evolving at a rapid pace over the last few years. The factors of affordability and easy availability of lead to consumers increasingly spending on electronic devices. Mobile connected devices (like smartphones and tablets) have led to the demand for consumer portables, such as notebooks, netbooks, camcorders, and digital cameras.
“The increase in adoption of consumer electronics, such as smartphones, is replacing the traditional electronic devices such as desktops and laptops. This growing demand will have a positive impact on the demand for cleanrooms, and its furniture during the forecast period,” adds Neelesh.
Increase in the adoption of modular cleanrooms
There has been a substantial growth in the adoption of modular cleanrooms over the recent years. Several vendors in the market build and provide pre-fabricated modular cleanrooms for various industries, including semiconductors, medical, automotive, and food processing. The vendors enhance their product portfolio by providing modular cleanrooms with ISO Classes as low as 1 to 4.
The growth of the modular cleanroom market is mainly driven by the growth of the end-user industries in APAC and the modular benefits offered. Modular cleanrooms offer the flexibility of use and can be quickly installed or assembled. These are the advantages that foster the adoption of modular cleanrooms obviating the construction of traditional cleanrooms.
Top vendors:
- Clean Room Depot
- Cleatech
- Palbam Class
- Teknomek
- Terra Universal
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