This market research report presents the segmentation of the global plant growth chamber market by product (reach-in and walk-in) and by geography (APAC, Europe, North America, and ROW). The key vendors analyzed in this market analysis report are BINDER, Conviron, CARON, CLF Plant Climatics, Thermo Scientific, and Weiss Technik.
Technavio has released its new market research report, global plant growth chamber market, which is expected to grow at a CAGR of more than 3.29% between 2015 and 2019. The rising global demand for food is the key driver for the growth of this market. The plant growth chambers facilitate the control of temperature, light, and humidity, to create the desired environment required for research and testing of a particular seed or plant. North America is the largest user of plat growth chambers, occupying 42% of the overall market revenue. The rapid growth of agricultural research in this region is the primary driver for the market growth.
“The increased adoption of genetically modified (GM) crops is anticipated to fuel the market growth during the forecast period. For instance, the land area under GM crops is predicted to reach around 275 million hectares by 2019, growing at a CAGR of around 9%. Herbicides are also used extensively to aid the growth of such crops, thereby leading to increased demand. Manufacturers require these plant growth chambers to conduct tolerance, salt tolerance, disease resistance, and pest infestation of the GM seeds, says Faizan Akhtar, Lead Analyst, New Coverage, Technavio Research.
The reach-in chambers are the most extensively used plant growth chambers, accounting for around 78% of the total market growth. These chambers are small in size and provide a controlled and isolated environment for testing plants. Moreover, these chambers are preferred owing to their easy installations cost-effectiveness.
The leading vendors in the global plant growth chamber market include BINDER, CARON, CLF Plant Climatics, Conviron, Thermo Scientific, and Weiss Technik. International vendors dominate the global plant growth chamber market. However, regional players with significant market shares have also established a presence. This research report predicts that a number of international vendors are expected to expand their presence worldwide during the forecast period.
A more detailed analysis is available in the Technavio report, Global Plant Growth Chamber Market 2015-2019.
We can customize this reports by other regions and specific segments upon request.
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