Page 25 - Centena Group PR Report - July 2025
P. 25
LabSpace records 30 per cent revenue growth driven by UAE’s rising student enrolment boom - Observer Dubai
year. Higher educationenrolment in the emirate is also projected to more than double by
2040, creating a surge in the number of schools and universities, along with demand for
advanced lab infrastructure, to enhance STEM education.
In response to the strong market demand, LabSpace has been rapidly expanding its portfolio
introducing new solutions that ensure functionality, safety and innovation. These include
flexible benches, modular storage systems, enhanced weight-bearing capacities and colour-
optimised solutions to meet the evolving demands of different sectors.
Nilesh Korgaonkar, CEO of LabSpace said: “This year, we experienced the highest
demand from the educational sector, especially due to the surge in the number of schools and
universities in the country. In addition, we are witnessing a growing demand for industrial
laboratories as the UAE and GCC intensify its focus on manufacturing and R&D projects.”
He added: “Our solutions are tailored to meet the specific needs of each sector, whether it is
an educational institution, an industrial workspace or a commercial research facility. With a
strong emphasis on engineering excellence and innovative designs, we support various
industries with end-to-end lab setup, from consultation to installation, while ensuring the
highest quality standards and timely project delivery through our state-of-the-art
manufacturing facility in the UAE. With our team of experienced professionals, we are now
capable of delivering more than 100 labs per year.”
Over the years, LabSpace has installed more than 2,500 workstations and completed over
150 laboratory projects across the UAE, both in the public and private sectors, including for
institutions such as DEWA, DP World and GEMS Education. In educational environments,
the company’s lab designs help pique the curiosity of students in science, robotics, and
technology, helping them excel in STEAM disciplines. Meanwhile, in healthcare and
industrial settings, LabSpace offers solutions that combine innovation and precision.
https://www.observerdubai.com/2025/07/18/labspace-records-30-per-cent-revenue-growth-driven-by-uaes-rising-student-enrolment-boom/ 2/3

