Plant Growth Chamber Market Introduction
Nowadays, the demand for the plant growth chamber is increasing at a rapid pace for various applications such as growing plants, seed germination, and tissue culture. This is presenting a lucrative opportunity for major companies operating in the global plant growth chamber industry. Also, the growing focus of clinal research and academic domains to invest ample time and money on research & development activities such as tissue culture and medical biotechnology for producing the pharmaceuticals. This is projected to develop a positive roadmap for the plant growth chamber market worldwide.
An Increase in demand for food due to rising population and disposable income especially in developing regions such as the Asia Pacific and Latin America is driving the growth of the global plant growth chamber market. Further, ongoing technological developments and advancements in a biological engineering field is increasing the adoption of plant growth chambers among end users. This, in turn, is boosting the global plant growth chamber market size & growth. Additionally, other factors such as the growing trend of sustainable agriculture and reduction in the arable land area are fuelling market growth across the globe. However, a short purchase cycle is impeding the growth of the plant growth chamber among end users. This is hampering the global plant growth chamber industry growth specifically in developing regions to a certain extent.
The global plant growth chamber market includes various major segments such as product type, end user, and region.
Based on product type, the market is bifurcated into walk-in equipment and reach-in equipment. By end user, the global plant growth chamber market has been classified into clinical research and academic research. Among these, the clinical research segment accounted for the majority of the share in terms of revenue in 2019. Widening application area of a plant growth chamber in clinical research from agricultural activities to pharmaceutical industries is responsible for segment growth. Major regions analysed in the global plant growth chamber industry report are North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, and Middle East & Africa. Of these regions, Western Europe is anticipated to expand at a healthy CAGR during the forecast period. Key countries of Western Europe witnessing increased adoption of plant growth chambers are Germany, UK, France, and Spain. Among these countries, Germany is estimated to account for the largest market share in the Western Europe plant growth chambers market.
Plant Growth Chamber Market Competitive Landscape
Some of the players identified in the global plant growth chamber market are Thermo Fisher, Freezers India, Caron, Conviron, Binder GmbH, Aralab, Hettich Benelux B.V., Weiss Technik, Percival Scientific, Saveer Biotech Limited, Darwin Chambers, and BRS BVBA. These players are concentrating on investing substantial amount on research and development activities to come up with innovative and technologically advanced products to remain ahead in the competition.
Major Regions/Countries include:
- Western Europe
- United Kingdom
- Rest of Western Europe
- Eastern Europe
- Rest of Eastern Europe
- Asia Pacific (APAC)
- Rest of Asia-Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa (MEA)
- North Africa
- South Africa
- Rest of MEA
This research report on plant growth market would be produced using first-hand market information gathered from industry experts and major participants across the value chain, during primary research. It would provide broad view of current market trends, growth factors and competitive analysis.