Plant Growth Chambers Market Projected to Garner Significant Revenues by 2022

The global plant growth chambers market was valued at USD 384.4 Million in 2016, and is projected to grow at a CAGR of 4.0% from 2017, to reach USD 485.6 Million by 2022. The objectives of the report are to define, segment, and estimate the size of the global market for plant growth chambers, in both quantitative and qualitative terms. Furthermore, the market has been segmented on the basis of equipment type, application, function, end use, and region. The report also aims to provide detailed information about the crucial factors influencing the growth of the market, strategical analysis of micro markets, opportunities for stakeholders, details of the competitive landscape, and profiles of the key players, with respect to their market shares and competencies.

Plant Growth Chambers Market

Plant growth chambers are designed to provide environmental conditions such as humidity, light, and temperature, which are needed for the optimum growth of plants. Plant growth chambers offer humidity, temperature, and light in a controlled manner and create the desired environment essential for examining the growth of a plant. Apart from environmental optimization, plant growth chambers perform various important functions such as seed germinations and tissue culture. Globally, increase in demand for food and technological advancements in biological engineering have led to phenomenal growth in the plant growth chambers market in the recent years. Furthermore, growth in trend of sustainable agriculture and declining arable land are expected to create potential opportunities for plant growth chamber manufacturers in the next few years.

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Based on application, the plant growth chambers market has been segmented into short plants, tall plants, and others (seeds and tissue culture). The short plants segment dominated the global market for plant growth chambers, and this trend is expected to continue through the forecast period. Various advantages such as maximum utilization of growth area and features such as low light and uniform control of temperature are anticipated to drive the demand for plant growth chambers for short plants.

By function, the plant growth chambers market has been segmented into plant growth, seed germination, environmental optimization, and tissue culture. The plant growth segment dominated the global plant growth chamber market with a majority of the share. It is further projected to grow at the highest CAGR during the forecast period. Growth in demand for agriculture products and advantages offered by plant growth chambers such as prevention from fungal or bacterial contamination are some of the vital factors that are expected to drive this segment in the next few years.

Based on end use, the plant growth chambers market has been segmented into clinical research and academic research. The clinical research segment is projected to dominate the global plant growth chambers market, and to grow at a relatively higher CAGR during the forecast period. Plant growth chambers in clinical research are used for commercial purposes, wherein they provide precise controls of environmental parameters, such as temperature, humidity, and light cycle, and the capability via complex programming to regulate these environmental parameters. Additionally, they are utilized for several applications from agricultural to pharmaceutical industries.

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The European region is projected to grow at the highest CAGR during the forecast period. The European plant growth chambers market comprises the UK, France, Spain, and Rest of Europe. Germany is estimated to dominate the European plant growth chambers market during the review period. Growth in research & development activities in Germany, such as those that include medical biotechnology and tissue culture for the production of pharmaceuticals, have been prominently driving the growth of the German plant growth chambers market over the past few years.

This report includes a study of various plant growth chambers, along with the product portfolios of leading companies. It includes the profiles of leading companies such as Thermo Fisher (US), Conviron (Canada), CARON (US), Percival Scientific (US), and BINDER (Germany).