Plant Growth Chambers Market
Plant Growth Chambers Market - Global Industry Assessment & Forecast
- By Equipment Type Reach-in, Walk-in
- By Application Short plant, Tall Plant, Others
- By End Use Clinical research, Academic research
- By Regions North America, Europe, Asia Pacific, Middle East & Africa, Latin America
|Forecast Years:||2022 - 2028|
|Historical Years:||2016 - 2021|
|Revenue 2021:||USD 451.43 Million|
|Revenue 2028:||USD 622.58 Million|
|Revenue CAGR (2022 - 2028):||4.1%|
|Fastest Growing Region (2022 - 2028)||Asia Pacific|
|Largest Region (2021):||North America|
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Plant Growth Chambers Market: By Equipment Type, Application, Function, End-use, and Region
Global Plant Growth Chambers market is valued at USD 451.43 Million in 2021 and is to attain a market size of USD 622.58 Million by 2028 at a CAGR of 4.1% during the forecast period.
Plant Growth Chambers Market Size, 2021 To 2028 (USD Million)
Plant production is a vital part of agricultural operations. With increasing global population, the need to produce more food crops has also increased. To meet the growing demand, ways are being explored to increase crop yield in every way possible, with one popular method being through use of controlled environmental conditions in greenhouses. There are several different types of greenhouse structures that offer various benefits and specific applications, but they all share the common need for environmental control. One solution to this need is the growth chamber.
Growing Demand to Improve Crop Yield to Drive Growth of Plant Growth Chamber Market
Several commercial companies supply standardized Plant Growth Chambers for at reasonable rates while providing the high quality performance required to yield accurate results. For example, Agrilab Technologies has an extensive line of low-cost environmentally controlled chambers starting at under USD1000 including models featuring CO2 enrichment option offering customizable options to match specific requirements. Both generic models and custom designs are available to meet the needs of most anyone looking for a quality plant growth chamber.
With reliable and high-quality chambers, growers can expect increased production in their facilities at reasonable costs. This is especially true when coupled with other technological advances such as computerized monitoring and digital control modules that allow for flexible options and greater ease of use. Agrilab Technologies has been a leader in providing leading-edge technology to the agricultural industry for over 25 years, offering reliable equipment and sustainable solutions through customized grow room solutions.
Plant Growth Chambers market is segmented into, equipment type, application, end use, function. Based on technology equipment type market is segmented into, reach-in, walk-in. based on technology application market is segmented into, short plants, and tall plants. Based on technology end use market is segmented into, clinical, and academic. Based on function market is segmented into, plant growth, environmental optimization.
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By End-use, Academic Segment to Dominate Plant Growth Chamber Market
Academic application of Plant Growth Chambers is on the rise. The number of research projects utilizing controlled-environment plant growth facilities is increasing with each passing year. Controlled-environment plants are used in agricultural production research and drug development, among other uses. This growing demand has resulted in an increased need for academic Plant Growth Chambers. Since the beginning of this decade, research application has been increasingly driving sales of controlled-environment Plant Growth Chambers. A host of factors have contributed to the increasing numbers of applications for these facilities in both industry and academia.
Improvements in products are making them more accessible to researchers. Many products are now automated, which simplifies their operation. Among other things, automation makes it easier to maintain constant conditions between multiple growing areas containing different species or cultivars (i.e., crop varieties). Enhanced features also make it possible for one grower or researcher to manage several growing units at once rather than rely on a team of workers helping reduce labor costs.
North America to Lead Plant Growth Chambers Market
North America is the largest consumer of Plant Growth Chambers, with Asia being the fastest growing region. Plant Growth Chambers are used for many purposes, including research activities in academia and industry, plant production for agriculture and horticulture, diagnostic laboratories, tissue culture units, storage facilities for cryogenic material and greenhouses. The U.S. is the largest consumer in the region. Wherein, the agricultural sector is showing no signs of slowing down as it achieved a new record level of income in 2019 capturing 5.2% of total U.S GDP1. North America is also home to a significant number of research institutions. According to an official from the US Department of Energy, the region has nearly 200 major research institutions and universities that conduct plant-related research. The increasing demand for quality food in North America will continue to drive growth in this region over the forecast period.
In 2016, the Asia Pacific was among the regions with highest usage rates of Plant Growth Chambers which grew by 15% since 2014. In 2018, China had a total of 835 registered scientific research institutions involved in plant-based studies. This large number of scientific institutions coupled with better living conditions and increased disposable income is expected to boost growth in Asia Pacific during the forecast period.
Conviron (Canada), Thermo Fisher (US), Percival Scientific (US), CARON (US), BINDER (Germany), Weisstechnik (Germany), Aralab (Portugal), Saveer Biotech (India), Hettich Benelux (Netherlands), BRS bvba (Belgium), Freezers India, and Darwin Chambers (US) are some of the key players in the global Plant Growth Chambers market.
The Plant Growth Chambers is Segmented as Follows:
|Regions & Countries Covered||
|Report Coverage||Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and North America, company market share analysis, and COVID-19 impact analysis|
Frequently Asked Question
The global Plant Growth Chambers valued at USD 451.43 Million in 2020 and is expected to reach USD 622.58 Million in 2028 growing at a CAGR of 4.1% .
The prominent players in the market are Conviron (Canada), Thermo Fisher (US), Percival Scientific (US), CARON (US), BINDER (Germany), Weisstechnik (Germany), Aralab (Portugal), Saveer Biotech (India), Hettich Benelux (Netherlands), BRS bvba (Belgium), Freezers India, and Darwin Chambers (US).
The market is project to grow at a CAGR of 4.1% between 2021 and 2028.
The driving factors of the Plant Growth Chambers include
- Growing Demand to Improve Crop Yield to Drive Growth of Plant Growth Chamber Market
North America was the leading regional segment of the Plant Growth Chambers in 2020.