Increasing Demand for Food and Food Security to Thrive Market
Plant Growth Chambers are the special type of environmental test chambers that is used to create artificial environments, with controlled temperature, atmospheric gas composition, humidity, and light, for cultivation and examination of the plants. They are enormously applied in plant breeding and genetic research, photosynthesis, nutrition, and other aspects of plant physiology. They are extensively used in Research & Development projects for the determination of the effects of specific biotic or abiotic parameters during the life cycle of plants, thus further helping researchers understand their productivity. Nowadays, the pressure on Research and Development (R&D) is increasing regarding global food supplies. This is owing to the tremendously increasing population across the globe.
Thus, this scenario act as a factor surging the demand for Plant Growth Chambers as they enhance the productivity of the agricultural land. These chambers are used in horticulture crop production and agricultural and botanical research. These chambers provide consistent crop quality, flexibility in changing plant location, high yield. Thus, further boosting the growth of the Plant Growth Chambers Market.
What Will Be the Market By 2028?
Our report on Plant Growth Chambers Market has covered the study of the latest development and investment in the market. In addition, the report covers the value chain analysis, regulatory analysis, market attractiveness analysis, and Porter’s five forces analysis, for Plant Growth Chambers Market. In addition, our report includes market drivers, restraints, and opportunities along with COVID-19 impact analysis, historical & descriptive analysis, and forecasts & predictive analysis. The Global Plant Growth Chambers Market valued at USD 451.43 Million in 2021 and expected to reach USD 622.58 Million in 2028 at Compound Annual Growth Rate (CAGR) of 3.80%.
Some of the key players in the Plant Growth Chambers Market include - 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).
North America is estimated to hold the largest share for Plant Growth Chambers Market. The market growth is attributed to the factors such as declining arable land, and increasing investments. Also, the presence of major key players in the region is further fuelling the market growth in the region. Additionally, the use of Plant Growth Chambers in academic research organizations and cosmetic industries is increasing at its wildest level which is further boosting the Plant Growth Chambers Market. Europe is anticipated to hold the second-largest share for Plant Growth Chambers Market.