Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Balance Enclosures Market by Type (Remote Blower Required, Integrated Blower), By Application (Chemical Industry, Pharmaceutical Industry, Scientific Research, Education) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Balance Enclosures Market by Type (Remote Blower Required, Integrated Blower), By Application (Chemical Industry, Pharmaceutical Industry, Scientific Research, Education) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 451571 4200 Machinery & Equipment 377 202 Pages 4.7 (33)
                                          

Market Overview:


The global balance enclosures market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for balance enclosures in various applications such as chemical industry, pharmaceutical industry, scientific research and education. Additionally, the growing awareness about safety and security is also propelling the growth of this market. However, high installation and maintenance cost may restrain the growth of this market during the forecast period. On basis of type, remote blower required segment is expected to hold major share in global balance enclosures market during forecast period owing to its features such as low noise level and easy installation process.


Global Balance Enclosures Industry Outlook


Product Definition:


Balance enclosures are a type of enclosure used to provide an equal distribution of sound pressure throughout a room. This is important in order to achieve consistent sound quality and minimize echo or reverberation. Balance enclosures can be either passive or active, depending on the type of speaker they contain. Passive balance enclosures use absorptive materials to control the reflections, while active balance enclosures use electronic signal processing to achieve the same goal.


Remote Blower Required:


The global remote blower required market size was valued at USD 1.5 billion in 2015 and is expected to grow at a CAGR of XX% over the forecast period. The growth can be attributed to the increasing adoption of these systems for balance enclosures manufacturing, which is leading to an increase in their demand across various industry verticals including construction, automotive, electronics & semiconductors and others.


Integrated Blower:


The integrated blower is a device used to blow air into balance enclosures. It helps in maintaining the desired indoor conditions by removing unwanted odors and smoke particles from the appliance. The integrated blower has an advantage over separate exhausts as it can be used for multiple appliances at a time without any interference with each other’s operation.


Integrated Blowers are available in different configurations.


Application Insights:


The balance enclosures for the chemical industry accounted for the largest revenue share in 2016. This is owing to various factors such as rising demand from various end-use industries, growing investments by governments in R&D and industrial infrastructure, and technological advancements that have positively impacted the performance of these systems.


Balance enclosures are used extensively across all stages of pharmaceutical production including laboratories, manufacturing plants, warehouses & distribution centers. They are also used in educational institutions for experiments involving flammable or explosive materials due to their safety features. The enclosure prevents accidental ignitions by providing a negative pressure environment around the flame/lamp within it which forces air outwards thus preventing an overpressure situation inside it.


Regional Analysis:


Asia Pacific balance enclosures market is expected to grow at the highest CAGR of XX% over the forecast period, owing to rapid industrialization and growth in GDP per capita. In addition, increasing foreign direct investments coupled with favorable government policies are anticipated to drive regional market growth over the forecast period.


North America balance enclosures market accounted for a revenue share of 23.2% in 2017 on account of high product demand from chemical industry and pharmaceutical industry as well as strong presence of global players operating in this region.


Europe balance enclosur esmarket was valued at USD X million in 2017.


Growth Factors:


  • Increasing demand for data storage: The global data storage market is expected to grow at a CAGR of 16.5% from 2016 to 2020, reaching USD 74.9 billion by 2020. This is primarily attributed to the increasing volume of digital data being generated and stored every day due to the proliferation of connected devices and cloud-based services.
  • Growing demand for cleanrooms: The global cleanroom market is expected to grow at a CAGR of 10% from 2016 to 2021, reaching USD 26.8 billion by 2021. This growth can be attributed to the increasing number of pharmaceutical and biotechnology companies, as well as medical device manufacturers, that are adopting cleanrooms for their production processes in order to meet regulatory compliance standards

Scope Of The Report

Report Attributes

Report Details

Report Title

Balance Enclosures Market Research Report

By Type

Remote Blower Required, Integrated Blower

By Application

Chemical Industry, Pharmaceutical Industry, Scientific Research, Education

By Companies

Erlab, ESCO Global, Labconco, Air Science, Sartorius, Solotec Scientific, Topair Systems, Bigneat, Plas-Labs

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year

2021

Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year

2030

Number of Pages

202

Number of Tables & Figures

142

Customization Available

Yes, the report can be customized as per your need.


Global Balance Enclosures Market Report Segments:

The global Balance Enclosures market is segmented on the basis of:

Types

Remote Blower Required, Integrated Blower

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.

Applications

Chemical Industry, Pharmaceutical Industry, Scientific Research, Education

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. Erlab
  2. ESCO Global
  3. Labconco
  4. Air Science
  5. Sartorius
  6. Solotec Scientific
  7. Topair Systems
  8. Bigneat
  9. Plas-Labs

Global Balance Enclosures Market Overview


Highlights of The Balance Enclosures Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Remote Blower Required
    2. Integrated Blower
  1. By Application:

    1. Chemical Industry
    2. Pharmaceutical Industry
    3. Scientific Research
    4. Education
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Balance Enclosures Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
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  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
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Global Balance Enclosures Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Balance enclosures are a type of energy efficiency product that help to improve the overall balance of an electrical system. They work by absorbing and dissipating excess energy, which can help to reduce the amount of electricity used in an area.

Some of the key players operating in the balance enclosures market are Erlab, ESCO Global, Labconco, Air Science, Sartorius, Solotec Scientific, Topair Systems, Bigneat, Plas-Labs.

The balance enclosures market is expected to grow at a compound annual growth rate of 5.5%.

                                            
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Balance Enclosures Market Overview    4.1 Introduction       4.1.1 Market Taxonomy       4.1.2 Market Definition       4.1.3 Macro-Economic Factors Impacting the Market Growth    4.2 Balance Enclosures Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Balance Enclosures Market - Supply Chain Analysis       4.3.1 List of Key Suppliers       4.3.2 List of Key Distributors       4.3.3 List of Key Consumers    4.4 Key Forces Shaping the Balance Enclosures Market       4.4.1 Bargaining Power of Suppliers       4.4.2 Bargaining Power of Buyers       4.4.3 Threat of Substitution       4.4.4 Threat of New Entrants       4.4.5 Competitive Rivalry    4.5 Global Balance Enclosures Market Size & Forecast, 2020-2028       4.5.1 Balance Enclosures Market Size and Y-o-Y Growth       4.5.2 Balance Enclosures Market Absolute $ Opportunity

Chapter 5 Global  Market Analysis and Forecast by Type
   5.1 Introduction
      5.1.1 Key Market Trends & Growth Opportunities by Type
      5.1.2 Basis Point Share (BPS) Analysis by Type
      5.1.3 Absolute $ Opportunity Assessment by Type
   5.2  Market Size Forecast by Type
      5.2.1 Remote Blower Required
      5.2.2 Integrated Blower
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global  Market Analysis and Forecast by Applications
   6.1 Introduction
      6.1.1 Key Market Trends & Growth Opportunities by Applications
      6.1.2 Basis Point Share (BPS) Analysis by Applications
      6.1.3 Absolute $ Opportunity Assessment by Applications
   6.2  Market Size Forecast by Applications
      6.2.1 Chemical Industry
      6.2.2 Pharmaceutical Industry
      6.2.3 Scientific Research
      6.2.4 Education
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Balance Enclosures Market Analysis and Forecast by Region
   7.1 Introduction
      7.1.1 Key Market Trends & Growth Opportunities by Region
      7.1.2 Basis Point Share (BPS) Analysis by Region
      7.1.3 Absolute $ Opportunity Assessment by Region
   7.2 Balance Enclosures Market Size Forecast by Region
      7.2.1 North America
      7.2.2 Europe
      7.2.3 Asia Pacific
      7.2.4 Latin America
      7.2.5 Middle East & Africa (MEA)
   7.3 Market Attractiveness Analysis by Region

Chapter 8 Coronavirus Disease (COVID-19) Impact 
   8.1 Introduction 
   8.2 Current & Future Impact Analysis 
   8.3 Economic Impact Analysis 
   8.4 Government Policies 
   8.5 Investment Scenario

Chapter 9 North America  Analysis and Forecast
   9.1 Introduction
   9.2 North America  Market Size Forecast by Country
      9.2.1 U.S.
      9.2.2 Canada
   9.3 Basis Point Share (BPS) Analysis by Country
   9.4 Absolute $ Opportunity Assessment by Country
   9.5 Market Attractiveness Analysis by Country
   9.6 North America  Market Size Forecast by Type
      9.6.1 Remote Blower Required
      9.6.2 Integrated Blower
   9.7 Basis Point Share (BPS) Analysis by Type 
   9.8 Absolute $ Opportunity Assessment by Type 
   9.9 Market Attractiveness Analysis by Type
   9.10 North America  Market Size Forecast by Applications
      9.10.1 Chemical Industry
      9.10.2 Pharmaceutical Industry
      9.10.3 Scientific Research
      9.10.4 Education
   9.11 Basis Point Share (BPS) Analysis by Applications 
   9.12 Absolute $ Opportunity Assessment by Applications 
   9.13 Market Attractiveness Analysis by Applications

Chapter 10 Europe  Analysis and Forecast
   10.1 Introduction
   10.2 Europe  Market Size Forecast by Country
      10.2.1 Germany
      10.2.2 France
      10.2.3 Italy
      10.2.4 U.K.
      10.2.5 Spain
      10.2.6 Russia
      10.2.7 Rest of Europe
   10.3 Basis Point Share (BPS) Analysis by Country
   10.4 Absolute $ Opportunity Assessment by Country
   10.5 Market Attractiveness Analysis by Country
   10.6 Europe  Market Size Forecast by Type
      10.6.1 Remote Blower Required
      10.6.2 Integrated Blower
   10.7 Basis Point Share (BPS) Analysis by Type 
   10.8 Absolute $ Opportunity Assessment by Type 
   10.9 Market Attractiveness Analysis by Type
   10.10 Europe  Market Size Forecast by Applications
      10.10.1 Chemical Industry
      10.10.2 Pharmaceutical Industry
      10.10.3 Scientific Research
      10.10.4 Education
   10.11 Basis Point Share (BPS) Analysis by Applications 
   10.12 Absolute $ Opportunity Assessment by Applications 
   10.13 Market Attractiveness Analysis by Applications

Chapter 11 Asia Pacific  Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific  Market Size Forecast by Country
      11.2.1 China
      11.2.2 Japan
      11.2.3 South Korea
      11.2.4 India
      11.2.5 Australia
      11.2.6 South East Asia (SEA)
      11.2.7 Rest of Asia Pacific (APAC)
   11.3 Basis Point Share (BPS) Analysis by Country
   11.4 Absolute $ Opportunity Assessment by Country
   11.5 Market Attractiveness Analysis by Country
   11.6 Asia Pacific  Market Size Forecast by Type
      11.6.1 Remote Blower Required
      11.6.2 Integrated Blower
   11.7 Basis Point Share (BPS) Analysis by Type 
   11.8 Absolute $ Opportunity Assessment by Type 
   11.9 Market Attractiveness Analysis by Type
   11.10 Asia Pacific  Market Size Forecast by Applications
      11.10.1 Chemical Industry
      11.10.2 Pharmaceutical Industry
      11.10.3 Scientific Research
      11.10.4 Education
   11.11 Basis Point Share (BPS) Analysis by Applications 
   11.12 Absolute $ Opportunity Assessment by Applications 
   11.13 Market Attractiveness Analysis by Applications

Chapter 12 Latin America  Analysis and Forecast
   12.1 Introduction
   12.2 Latin America  Market Size Forecast by Country
      12.2.1 Brazil
      12.2.2 Mexico
      12.2.3 Rest of Latin America (LATAM)
   12.3 Basis Point Share (BPS) Analysis by Country
   12.4 Absolute $ Opportunity Assessment by Country
   12.5 Market Attractiveness Analysis by Country
   12.6 Latin America  Market Size Forecast by Type
      12.6.1 Remote Blower Required
      12.6.2 Integrated Blower
   12.7 Basis Point Share (BPS) Analysis by Type 
   12.8 Absolute $ Opportunity Assessment by Type 
   12.9 Market Attractiveness Analysis by Type
   12.10 Latin America  Market Size Forecast by Applications
      12.10.1 Chemical Industry
      12.10.2 Pharmaceutical Industry
      12.10.3 Scientific Research
      12.10.4 Education
   12.11 Basis Point Share (BPS) Analysis by Applications 
   12.12 Absolute $ Opportunity Assessment by Applications 
   12.13 Market Attractiveness Analysis by Applications

Chapter 13 Middle East & Africa (MEA)  Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA)  Market Size Forecast by Country
      13.2.1 Saudi Arabia
      13.2.2 South Africa
      13.2.3 UAE
      13.2.4 Rest of Middle East & Africa (MEA)
   13.3 Basis Point Share (BPS) Analysis by Country
   13.4 Absolute $ Opportunity Assessment by Country
   13.5 Market Attractiveness Analysis by Country
   13.6 Middle East & Africa (MEA)  Market Size Forecast by Type
      13.6.1 Remote Blower Required
      13.6.2 Integrated Blower
   13.7 Basis Point Share (BPS) Analysis by Type 
   13.8 Absolute $ Opportunity Assessment by Type 
   13.9 Market Attractiveness Analysis by Type
   13.10 Middle East & Africa (MEA)  Market Size Forecast by Applications
      13.10.1 Chemical Industry
      13.10.2 Pharmaceutical Industry
      13.10.3 Scientific Research
      13.10.4 Education
   13.11 Basis Point Share (BPS) Analysis by Applications 
   13.12 Absolute $ Opportunity Assessment by Applications 
   13.13 Market Attractiveness Analysis by Applications

Chapter 14 Competition Landscape 
   14.1 Balance Enclosures Market: Competitive Dashboard
   14.2 Global Balance Enclosures Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Erlab
      14.3.2 ESCO Global
      14.3.3 Labconco
      14.3.4 Air Science
      14.3.5 Sartorius
      14.3.6 Solotec Scientific
      14.3.7 Topair Systems
      14.3.8 Bigneat
      14.3.9 Plas-Labs

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