Global Plant Growth Chamber Market 2018-2022
About Plant Growth Chamber
Plant growth chambers are a special type of environmental test chambers that are designed to perform plant growth experiments inside the laboratory to maximize plant growth. They facilitate the control of temperature, light, and humidity, to create a favorable environment in the chambers required for research and testing of a seed or plant.
Technavio’s analysts forecast the global plant growth chamber market will register a revenue of about USD 413 million by 2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global plant growth chamber market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Plant Growth Chamber Market 2018-2022
Technavio recognizes the following companies as the key players in the global plant growth chamber market: BINDER, CARON Products & Services, CLF Plant Climatics, Conviron, and Thermo Fisher Scientific.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is growing adoption of energy-efficient plant growth chambers. With the rising demand for growing artificial plants, plant growth chamber manufacturers are increasingly introducing energy-efficient plant growth chambers to reduce the operational costs incurred due to the high energy consumption by heavy instruments equipped in these chambers.”
According to the report, one driver in the market is rising global population and demand for food. With the continuously increasing world population from 1.8 billion in 1915 to over 7.3 billion in 2017, the per capita consumption of agricultural products has increased multiple times.
Further, the report states that one challenge in the market is high maintenance cost. The plant growth chambers are used to perform research on plant and crop cultivation. Therefore, any form of error or contamination during experiments could lead to a significant economic loss if the observations made in the research are implemented in day-to-day agricultural practices.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.Download eBook