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

  • ID: 3920598
  • Report
  • Region: United States
  • 58 pages
  • TechNavio
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

1 of 5

FEATURED COMPANIES

  • eScience Labs
  • LAB-AIDS
  • POOF-Slinky
  • Quality Science Labs
  • ScienceWiz
  • SmartLab Toys
  • MORE
About K-12 Education

Early adoption of advanced IT hardware in the developed economy of the US has enabled educational institutions to focus on continuous innovation in delivery methods. Various types of software such as learning management systems and learning content management systems have gradually evolved to become a crucial medium for imparting K-12 education. Educational institutions are the major adopters of such services as they realize the economies of scale associated with flexible learning.

The analysts forecast the K-12 laboratory kits market in the US to grow at a CAGR of 11.88% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the K-12 laboratory kits market in the US for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of laboratory kits to the US K-12 schools.

The market is divided into the following segments based on product:
- Science
- Other

The report, K-12 Laboratory Kits Market in the US 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Carolina Biological Supply Company
- eScience Labs
- LAB-AIDS
- Quality Science Labs

Other prominent vendors
- Thames & Kosmos
- POOF-Slinky
- SmartLab Toys
- ScienceWiz

Market drivers
- Emphasis on STEM education

Market challenges
- Emergence of alternative learning models

Market trends
- Opportunities for formative assessment

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
READ MORE
Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • eScience Labs
  • LAB-AIDS
  • POOF-Slinky
  • Quality Science Labs
  • ScienceWiz
  • SmartLab Toys
  • MORE
PART 01: Executive summary
  • Highlights
PART 02: Scope of the report
  • Market overview
  • Top-vendor offerings
PART 03: Market research methodology
  • Research methodology
  • Economic indicators
PART 04: Introduction
  • Key market highlights
PART 05: Economic overview

PART 06: Market landscape
  • Education industry in US
  • K-12 lab kits market in US
  • Five forces analysis
PART 07: Market drivers
  • Inception of laboratory schools
  • Emphasis on STEM education
  • Development of cognitive skills
  • Replacement of old devices
PART 08: Impact of drivers

PART 09: Market challenges
  • Emergence of alternative learning models
  • Lack of funding opportunities
  • Safety hazards
PART 10: Impact of drivers and challenges

PART 11: Market trends
  • Growth of experiential and inquiry-based learning
  • Opportunities for formative assessment
  • Presence of online retailers and aggregators
  • Emphasis on pre-school students
PART 12: Market segmentation by product
  • K-12 laboratory kits market in US by product
  • K-12 science laboratory kits market in US
  • K-12 laboratory kits market in US by others
PART 13: Market segmentation by end-user
  • K-12 laboratory kits market in US by end-user
  • Laboratory kits market in US by secondary schools
  • Laboratory kits market in US by elementary schools
PART 14: Market segmentation by school ownership
  • K-12 laboratory kits market in US by ownership
PART 15: Vendor landscape
  • Competitive scenario
  • Competitive benchmarking
PART 16: Key vendor analysis
  • Carolina Biological Supply Company
  • eScience Labs
  • LAB-AIDS
  • Quality Science Labs
PART 17: Other prominent vendors
  • Thames & Kosmos
  • POOF-Slinky
  • SmartLab Toys
  • ScienceWiz
PART 18: Appendix
  • List of abbreviations
PART 19: About the Author

List of Exhibits
Exhibit 01: Product offerings
Exhibit 02: US: GDP 2009-2013 ($ trillions)
Exhibit 03: US: GDP per capita 2009-2013 ($)
Exhibit 04: US: CPI 2009-2013 ($ trillions)
Exhibit 05: US: Population 2009-2013
Exhibit 06: US: Unemployment rate 2009-2013
Exhibit 07: Segment-wise distribution of education market in US in 2015 (%)
Exhibit 08: Major segments of education market in US 2014 ($ billions)
Exhibit 09: US K-12 Instruction materials market - key insights
Exhibit 10: K-12 instruction materials service providers 2015
Exhibit 11: K-12 laboratory kits market in US 2015-2020 ($ billions)
Exhibit 12: Five forces analysis
Exhibit 13: US STEM Education - key insights
Exhibit 14: Impact of drivers
Exhibit 15: Virtual and remote laboratories market in US 2015-2020 ($ millions)
Exhibit 16: Impact of drivers and challenges
Exhibit 17: K-12 laboratory kits market in US by product 2015
Exhibit 18: K-12 laboratory kits market in US by product 2020
Exhibit 19: K-12 laboratory kits market in US by product 2015-2020 ($ billions)
Exhibit 20: K-12 science laboratory kits market in US 2015-2020 ($ billions)
Exhibit 21: Categories of science subjects 2015
Exhibit 22: K-12 laboratory kits market in US by others 2015-2020 ($ billions)
Exhibit 23: K-12 laboratory kits market in US by end-user 2015
Exhibit 24: K-12 laboratory kits market in US by end-user 2020
Exhibit 25: K-12 laboratory kits market in US by end-user 2015-2020 ($ billions)
Exhibit 26: Laboratory kits market in US by secondary schools 2015-2020 ($ billions)
Exhibit 27: Laboratory kits market in US by elementary schools 2015-2020 ($ billions)
Exhibit 28: Laboratory kits market in US by schools 2015
Exhibit 29: Formative versus summative assessments
Exhibit 30: Vendor analysis
Exhibit 31: Key vendors - Strategic initiatives overview
Exhibit 32: eScience Labs: Product category
Exhibit 33: LAB-AIDS: Product offerings
Exhibit 34: Quality Science Labs: Product offerings
Note: Product cover images may vary from those shown
3 of 5

Loading
LOADING...

4 of 5

FEATURED COMPANIES

  • eScience Labs
  • LAB-AIDS
  • POOF-Slinky
  • Quality Science Labs
  • ScienceWiz
  • SmartLab Toys
  • MORE
New Report Released: - K-12 Laboratory Kits Market in the US 2016-2020

The author of the report recognizes the following companies as the key players in the K-12 laboratory kits market in the US: Carolina Biological Supply Company, eScience Labs, LAB-AIDS, and Quality Science Labs.

Other Prominent Vendors in the market are: Thames & Kosmos, POOF-Slinky, SmartLab Toys, and ScienceWiz.

Commenting on the report, an analyst from the research team said: “Emphasis on pre-school students will be a key trend for market growth. Laboratory kit providers are focusing on the pre-school segment to exploit the market's potential. The education industry in the US is increasingly using these products and services to improve cognitive skills and other higher order thinking skills of their students. As early childhood years are considered to be the formative period for students, schools are encouraging pre-school students to participate in cognitive assessment sessions. In addition, to sharpen the observation skills, students are being exposed to laboratory experiments. These laboratory kits are designed and developed to suit the fundamental learning requirements of pre-school students.”

According to the report, replacement of old devices will be a key driver for market growth. Recent advances in learning and teaching methods are encouraging schools to replace their outdated laboratory products with new ones. New products have advanced safety features and improved designs and technology. With the expansion of course curriculum in subjects such as anatomy and physical science, schools are embracing projects and experiment ideas to enhance student knowledge. As a result, the schools need to procure and replace old and outdated devices for the purpose of experimentation in laboratories. This has paved the way for providers of laboratory kits to penetrate the market with their latest offerings. This factor has consistently played an active role in accelerating the growth of the laboratory kits market in the US.

Further, the report states that in the present-day education with high fee rates, parents are consciously enrolling their children into institutions that offer state-of-the-art technology. Though earlier universities provided separate laboratories for each degree program, shared facilities and technical support are the new norm to counter space and cost constraints. Obsolescence of equipment and increase in maintenance expenses are some of the challenges plaguing the traditional laboratories.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
5 of 5
- Carolina Biological Supply Company
- eScience Labs
- LAB-AIDS
- Quality Science Labs
- Thames & Kosmos
- POOF-Slinky
- SmartLab Toys
- ScienceWiz
Note: Product cover images may vary from those shown
6 of 5
Note: Product cover images may vary from those shown
Adroll
adroll