Page 30 - Centena Group PR Report - July 2025
P. 30
LabSpace records 30 per cent revenue growth driven by UAE’s rising student enrolment boom - Pan Time Arabia
2025 academic 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://pantimearabia.com/labspace-records-30-per-cent-revenue-growth-driven-by-uaes-rising-student-enrolment-boom/ 2/3

