Cleanroom Technology Market to be Worth $168.29 Billion by 2030

1. Cleanroom Market to be Worth $168.29 Billion by 2030 Technology

2. Global XXX Market – 2016-2022 Meticulous Research®—a leading global market research company, published a report titled, 'Cleanroom Technology Market by Offering (System, Consumables), Type (Lab, Air Pressure Cleanroom, Modular Cleanroom, Portable Cleanroom), Industry (Medical Devices, Pharmaceuticals, Semiconductor and Electronics), and Geography - Global Forecast to 2030.’ According to the latest publication from Meticulous Research®, the cleanroom technology market is projected to reach $168.29 billion by 2030, at a CAGR of 16.9% during the forecast period of 2023 to 2030. The growth of this market is attributed to the rising need for a clean environment in industrial manufacturing, growing focus on product yields by ensuring that the production process is not interrupted by contamination, and the growing adoption of microelectronics in the healthcare & life sciences sectors. In addition, the growing adoption of energy-efficient and advanced cleanroom technologies is expected to offer significant opportunities for the growth of this market. However, the high cost associated with cleanroom systems hampers the growth of this market. In addition, upgrading and repairing aging cleanroom infrastructure is a major challenge to the growth of this market. The cleanroom technology market is segmented by offering, type, and industry. The study also evaluates industry competitors and analyzes the market at the regional and country levels. Based on offering, the cleanroom technology market is segmented into systems and consumables. In 2023, the consumables segment is expected to account for the largest share of the cleanroom technology market. This segment's large market share is driven by the need for effective contamination control, adherence to single-use practices, safety requirements, productivity gains, and regulatory compliance. However, the systems segment is projected to register the highest CAGR during the forecast period. The growth is attributed to increased awareness of hygiene & cleanliness, stricter health & safety regulations, the growth of commercial & institutional cleaning sectors, technological advancements, and the emphasis on sustainability and eco-friendly solutions. Based on type, the cleanroom technology market is segmented into clean labs, air pressure cleanrooms, modular cleanrooms, pass throughs, portable cleanrooms, and other types. In 2023, the modular cleanrooms segment is expected to account for the largest share of the cleanroom technology market. The large market share of this segment is attributed to its flexibility, scalability, cost-effectiveness, quick installation, portability, compliance with regulations, and customizability. These advantages make modular cleanrooms an attractive option for companies seeking to establish or expand their cleanroom facilities in various industries, including pharmaceuticals, biotechnology, electronics, healthcare, and research. However, the clean lab segment is projected to register the highest CAGR during the forecast period. The highest growth is attributed to its strong frame and panels made from rigid Page 1 of 3 © Meticulous Research| sales@meticulousresearch.com

3. Global XXX Market – 2016-2022 materials, such as stainless steel and welded steel, which offer excellent environmental and contamination control and the growth of various industries and research activities. Based on industry, the cleanroom technology market is segmented into semiconductor and electronics, healthcare & life sciences, meteorology, food & beverages, manufacturing, aerospace & defense, research facilities, optics, precision and mechanics, government organizations, and other industries. In 2023, the healthcare & life sciences segment is expected to account for the largest share of the cleanroom technology market. The large market share of this segment is attributed to stringent regulatory requirements, focus on product quality and safety, critical research and development activities, patient care needs, increasing demand for PPE (Personal Protective Equipment), and overall growth in healthcare expenditure. However, the semiconductors and electronics segment is projected to register the highest CAGR during the forecast period. The semiconductor and electronics industry's witnessing the highest growth in cleanroom technology due to increasing demand for high-quality, reliable, and advanced electronic components and devices, rising demand for memory and storage devices, and the complexity of semiconductor manufacturing. Based on geography, the cleanroom technology market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. The cleanroom technology market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. In 2023, North America is expected to account for the largest market share owing to the presence of the major key players and the huge rise in awareness of nutraceuticals and cosmeceuticals, which are major drivers of this region's growth. Additionally, stringent regulation for medical device approval in the U.S. has led to a large increase in demand for cleanroom technology. However, Asia- Pacific is projected to register the highest CAGR during the forecast period due to rapid growth in population, urbanization, and increased environmental deterioration. In addition, the rising demand for cleanroom technologies to provide clean and potable rooms is anticipated to boost the market growth in the region. Key Players The key players operating in the cleanroom technology market are Azbil Corporation (Japan), Ardmac Ltd. (U.S.), Clean Room Depot, Inc. (U.S.), Labconco Corporation (U.S.), Clean Air Products (U.S.), AES Clean Technology, Inc. (U.S.), Illinois Tool Works Inc. (U.S.), Terra Universal. Inc. (U.S.), Clean Rooms International, Inc. (U.S.), Connect 2 Cleanrooms Ltd. (U.K.), ABTech Inc. (U.S.), Modular Cleanrooms, Inc. (U.S.), BASX Solutions (U.S.), and Exyte Technology GmbH (Germany). Page 2 of 3 © Meticulous Research| sales@meticulousresearch.com

4. Global XXX Market – 2016-2022 Download @ https://www.meticulousresearch.com/download-sample- report/cp_id=5542 Sample Report Here Key questions answered in the report- •Which are the high-growth market segments based on offering, type, and industry? •What was the historical market size for cleanroom technology? •What are the market forecasts and estimates for the period 2023–2030? •What are the major drivers, restraints, opportunities, and challenges in the cleanroom technology market? •Who are the major players, and what shares do they hold in the cleanroom technology market? •How is the competitive landscape in the cleanroom technology market? •What are the recent developments in the cleanroom technology market? •What are the different strategies adopted by the major players in the cleanroom technology market? •What are the key geographic trends, and which are the high-growth countries? Contact Meticulous Email- sales@meticulousresearch.com Contact Connect with us on research Us: Research® Sales- +1-646-781-8004 LinkedIn- https://www.linkedin.com/company/meticulous- Page 3 of 3 © Meticulous Research| sales@meticulousresearch.com