Key Trends Shaping the Plant Growth Chambers Market

Northbrook, USA, 2020-Mar-23 — /EPR Network/ — The report “Plant Growth Chambers Market by Equipment Type (Reach-in, Walk-in), Application (Short Plants, Tall Plants), End Use (Clinical, Academic), Function (Plant Growth, Environmental Optimization), and Region – Global Forecast to 2022″, The global plant growth chambers market is estimated at USD 398.2 Million in 2017, and is projected to reach USD 485.6 Million by 2022, at a CAGR of 4.0% during the forecast period. The market is driven by factors such as increase in demand for food. With the rise in population across the globe, the demand for food is also continuously increasing. This is one of the major factors that drive the growth of the plant growth chambers market. According to the National Center for Biotechnology Information (NCBI), the global population is increasing by up to 160 people per minute with more than 90% of them in developing countries.

Based on application, the plant growth chambers market has been segmented into short plants, tall plants, and others (seeds and tissue culture). The short plants segment dominated the global market for plant growth chambers, and this trend is expected to continue through the forecast period. Various advantages such as maximum utilization of growth area and features such as low light and uniform control of temperature are anticipated to drive the demand for plant growth chambers for short plants.

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By function, the plant growth chambers market has been segmented into plant growth, seed germination, environmental optimization, and tissue culture. The plant growth segment dominated the global plant growth chamber market with a majority of the share. It is further projected to grow at the highest CAGR during the forecast period. Growth in demand for agriculture products and advantages offered by plant growth chambers such as prevention from fungal or bacterial contamination are some of the vital factors that are expected to drive this segment in the next few years.

Europe is projected to be the fastest-growing region in the global plant growth chambers market during the forecast period owing to the increase in the usage of plant growth chambers in the agricultural sector as well as the pharmaceutical industry in this country. The growth in the use of plant growth chambers in academic research organizations and cosmetic industries is another key factor propelling the demand for plant growth chambers in Europe. Additionally, dry climatic conditions in some of the countries of Europe are some of the other key factors that have been fueling the demand for plant growth chambers in this region.

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This report includes a study of various plant growth chambers, along with the product portfolios of leading companies. It includes the profiles of leading companies such as Thermo Fisher (US), Conviron (Canada), CARON (US), Percival Scientific (US), and BINDER (Germany).

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