United States Cleanroom Equipment Market, Opportunities and Forecast, 2017-2031F

Comments · 109 Views

United States commercial cleanroom equipment market is projected to witness a CAGR of 6.8% during the forecast period 2024-2031F, growing from USD 5.12 billion in 2023 to USD 8.67 billion in 2031F.

 

United States commercial cleanroom equipment market is projected to witness a CAGR of 6.8% during the forecast period 2024-2031F, growing from USD 5.12 billion in 2023 to USD 8.67 billion in 2031F. The growth of the market is driven by increasing investments towards research and development activities, rapid expansion of healthcare, pharmaceutical, aerospace, and electronics manufacturing sectors, and rising requirement from research institutes.

The growth of the aerospace and defense industries is expected to provide lucrative growth opportunities for the market over the coming years. According to the Aerospace Industries Association (AIA) estimates, the aerospace and defense industry generated USD 418 billion in 2022. The growth propels the requirement for cleanroom equipment as cleanrooms are essential to provide optimal conditions to support the production of various sensitive aerospace components ranging from spacecraft modules to semiconductors and intricate microelectronics. The ISO Class 7 and 8 cleanrooms are utilized for testing and assembling aerospace equipment, including avionics and satellite payloads. The rising requirement for cleanrooms by the aerospace industry is bolstering the requirement for different cleanroom equipment, including HEPA filters, which are essential for capturing airborne particles and ensuring that the cleanroom remains free from contaminants.

Another major factor supporting the growth of the market is the significant growth of the healthcare and life science industries in the United States due to the increasing prevalence of various chronic diseases. Cleanroom equipment is essential for ensuring the safety of healthcare professionals and researchers and aiding in the successful completion of various research activities and the development of therapeutic agents.

Technological Advancements Boost United States Commercial Cleanroom Equipment Market Size

The growing efforts and investments by various market players towards developing novel products and technologies are one of the major drivers boosting the expansion of the market across the country. In August 2023, the Missouri based Labconco Corporation, one of the leading manufacturers of laboratory equipment announced the launch of their Nexus Horizontal Clean Bench. Clean benches are an essential part of the clean room as they protect the materials and samples being worked upon by directing the filtered air towards the worker. The Nexus bench launched by Labconco uses the ECM blowers regulated by the company’s Constant Airflow Profile (CAP) technology. Such developments are essential for ensuring that different activities are conducted in the cleanrooms efficiently and accurately, aiding in successfully constructing airborne particle-sensitive devices and completing experiments without jeopardizing their integrity.

Construction of Cleanrooms by Research Institutes Supports Market Growth

Various research organizations and educational institutes are increasing their investments in cleanroom construction, which is supporting the expansion of the market across the United States. The construction of cleanrooms is expected to support education and research, bolster the development of innovative technologies in biotechnology and electronics, among other fields, and provide necessary training to the next generation of scientists.

In November 2023, Tulane University announced that it had secured USD 5 million in funding for building a nanofabrication cleanroom. This will enable commercial partners, faculty, and students across the region to conduct material science and semiconductor-related research.

Similarly, Purdue University announced an investment of USD 49 million in April 2023 to expand and enhance its facilities to support workforce development and research and development activities. The investments are expected to support the upgradation of cleanroom facilities and equipment. Such investments are necessary as cleanrooms are essential for safeguarding the fabrication and testing processes from various contaminants, contributing to the United States commercial cleanroom equipment market.

Equipment Holds Significant Share of the United States Commercial Cleanroom Equipment Market

The segment's growth is supported by the rapid expansion of various industries such as biotechnology, pharmaceutical, electronics manufacturing, aerospace, and others. According to the estimates of the European Federation of Pharmaceutical Industries and Associations, in 2022, North America accounted for 52.3% of global pharmaceutical sales. The growth is propelling the requirement for cleanroom equipment as they are essential for reducing the number of microorganisms that can cause damage to various products and humans to reduce the amount of particles in the air. They are essential for controlling the humidity and temperature in cleanrooms.

Download Free Sample Report

Expansion of Semiconductor Manufacturing Industry Boosts the Market Demand

The growing requirement for semiconductor chips in various types of complex machinery, including spacecraft, vehicles, and defense technologies, is positively influencing the expansion of the industry in the country. Semiconductor chips are produced with the help of sensitive materials required for creating delicate layers. Hence, tasks such as testing, packaging, and manufacturing of semiconductor chips are carried out in cleanroom environments.

Additionally, the requirement for cleanroom equipment from the semiconductor industry is expected to increase due to the passing of the CHIPS and Science Act by the government of the United States in August 2022. The act is expected to boost semiconductor research activities and enhance their production and development, augmenting the requirement for cleanrooms and equipment from the semiconductor industry. The CHIPS and Science Act is projected to bring lucrative investments to the private sector across the nation.

Future Market Scenario (2024 – 2031F)

The market expansion is expected to be supported by the rapid expansion of the healthcare, pharmaceutical, aerospace, and electronics manufacturing sectors. Internet of Things (IoT) enabled monitoring of cleanrooms, which is expected to revolutionize the maintenance and management of cleanrooms. The sensors inside the cleanrooms deploy IoT to track particle count, humidity, and temperature in real-time. Additionally, the increasing investments in developing cleanroom laboratories in various education institutions across the country will provide lucrative growth opportunities to the market. In November 2023, the New York governor announced plans to develop USD 15 million cleanroom simulation laboratories at Onondaga Community College. The facility will be vital in training students in Central New York and will be held to ISO Class 6 and 5 cleanroom standards. The construction of the cleanroom facility is expected to conclude by late 2024 or early 2025.

Click here: https://www.marketsandata.com/industry-reports/united-states-cleanroom-equipment-market

Report Scope

“United States Commercial Cleanroom Equipment Market Assessment, Opportunities and Forecast, 2017-2031F”, is a comprehensive report by Markets and data, providing in-depth analysis and qualitative and quantitative assessment of the current state of the United States commercial cleanroom equipment market, industry dynamics, and challenges. The report includes market size, segmental shares, growth trends, opportunities, and forecast between 2024 and 2031F. Additionally, the report profiles the leading players in the industry, mentioning their respective market share, business model, competitive intelligence, etc.

About Us:

Markets and Data provides a comprehensive/ panoramic understanding of markets at global, regional, and country levels. Examine changing consumer preferences, emerging challenges, underlying trends, and growth prospects to accelerate your business strategies.

Contact

Mr. Vivek Gupta

5741 Cleveland street,

Suite 120, VA beach, VA, USA 23462

Tel: +1 (757) 343-3258

Email: info@marketsandata.com

Website: https://www.marketsandata.com

 

 

Comments