Laboratory Jacks Market Size will Observe Lucrative Surge By the End 2027

Posted by Harshad Borde on January 15th, 2020

Laboratory Jacks: Introduction

• Laboratory jacks is an equipment used to lift lab accessories by applying less force. Laboratory jacks are also lifting stages for flasks, beakers, jars, distillation, stirrer, water baths, and myriad lab tools and are used to lift equipment height according to requirement, usually around 5 cm to 20 cm. This is expected to boost the demand for laboratory jacks in heavy industries during the forecast period
• A laboratory jacks consists of metal pieces which are connected together in a scissor-like shape between a top and a bottom platform. The scissor-like shape is made possible by different material types such aluminum, steel, copper, anodized, and stainless.
• Laboratory jacks are engaged in lifting platforms, earth-moving equipment, and material handling equipment that are fitted with these jacks to lift loads.
• Laboratory jacks occupy less space and are effective for use with heavy loads. They are lighter than other jacks.
• The global laboratory jacks market is projected to expand at a rapid pace during the forecast period owing to increased demand for laboratory jacks from the chemical industry.

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Global Laboratory Jacks Market: Dynamics

Global Laboratory Jacks Market: Key Drivers and Restraints

• Rise in disposable income of consumers and increasing industrialization are major factors anticipated to boost the global laboratory jacks market in the next few years.
• Growth of the chemical industry and automation in the chemical industry plays an important role in augmenting the global laboratory jacks market.
• Laboratory jacks lift loads with minimum effort. This is a major factor anticipated to fuel the global laboratory jacks market in the next few years.
• Rising demand for laboratory jacks from life science laboratories and growth of the pharmaceutical sector are expected to propel the global laboratory jacks market during the forecast period.
• Laboratory jacks are also lifting stages for flasks, beakers, jars, distillation, stirrer, water baths, and myriad lab tools and are used to lift equipment height according to requirement, usually around 5 cm to 20 cm. This is expected to boost the demand for laboratory jacks in heavy industries during the forecast period. However, availability of inferior quality, low-cost laboratory jacks are major factors expected to hinder the global laboratory jacks market in the next few years.

Global Laboratory Jacks Market: Competition Landscape

Key Players Operating in the Global Laboratory Jacks Market

Several local, regional, and international players operating in the market manufacture laboratory jacks. Hence, the market is relatively fragmented and the bargaining power of suppliers is low. The degree of competition among market players is also high. Rapid technological advancements have led to threat of substitution in the global laboratory jacks market. Key players operating in the global laboratory jacks market are:

• Boekel Industries, Inc.
• BrandTech Scientific, Inc.
• Carl Roth GmbH + Co. KG
• Chemglass Life Sciences LLC
• Eisco Industrial
• Isolab Laborgeräte GmbH
• LabJacks, Inc.
• OHAUS Corporation
• Thermo Fisher Scientific
• Thorlabs, Inc.
• United Scientific Supplies, Inc.