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Plant Growth Chambers Market by Equipment Type, Application, End Use, Function And Region - Global Forecast to 2022

Plant Growth Chambers Market: Global Forecast until 2022

  • January 2018
  • 117 pages
  • ID: 5288518
In this report:
FIGURE ## DIMINISHING ARABLE LAND AND GROWING AGRICULTURAL RESEARCH ARE EXPECTED TO DRIVE GROWTH IN THE MARKET BETWEEN 2017 & 2022 ##
FIGURE ## STRENGTHENING MARKET PRESENCE THROUGH NEW PRODUCT LAUNCHES & ACQUISITIONS OF PLANT GROWTH CHAMBERS MARKET BETWEEN 2015 TO 2017 ##
The global plant growth chambers market is estimated at USD ##.## million in 2017, and is projected to reach USD ##.## million by 2022, at a CAGR of ##.##% during the forecast period.

Summary

Table of Contents

The overall plant increase chambers market is estimated to rise at a compound annual growth rate of 4.00 percent.

The overall plant increase chambers market is projected at $398.20M in 2017, and is projected to extend $485.60M by 2022, at a compound annual growth rate of 4.00 percent during the forecast period. One of the primary factors that drive the industry is technological improvements in biological engineering.

Scientists have been improving plants by changing their genetic makeup since the 1800s through crossbreeding and hybridization, and hence have the ability to isolate genes and introduce new desirable traits into the plants. One of the main restraining factors is short purchase cycle.

The reach-in segment, by equipment type, is presumed to grow at the maximal CAGR during the estimate period.

The reach-in segment is expected to increase at the maximal CAGR (Compound annual growth rate) during the outlook period. The equipment is capable of simulating temperature and humidity for environmental testing. Reach-in plant increase chambers are available in different sizes and features, in accordance with the requirements of end-use customers.

The short plant segment, by application, is expected to rise at the maximal compound annual growth rate (CAGR) during the estimate period.

Over the past few years, a dramatic change has been witnessed in the use of plant increase chambers in the plant sector. Different types of plant increase chambers are available which are specifically made for short plants and are smaller in size and height. Short plant chambers are used to maximize the increase area of small plants by incorporating a multi-tier shelf design.

North America (NA) projected to hold the biggest market share in 2017 and Europe (EU) forecasted to grow at the highest CAGR (Compound annual growth rate) during the outlook period.

The european area is expected to grow at the highest compound annual growth rate (CAGR) between 2017 and 2022. The increasing use of plant increase chambers in academic research organizations and pharmaceutical & cosmetic markets is the main factor propelling the market demand for plant increase chambers in EU. On top of, dry climatic conditions in some of the countries of Europe are some of the other important factors that have been fueling the industry demand for plant increase chambers in this area.

The North American area is forecasted to be the biggest market for plant increase chambers, due to declining arable land area, impact of drought conditions, and the rise in the usage of plant increase chambers in academic research as well as pharmaceutical sectors.

Break-up of Primaries:

• By Company category: Tier 1: 15.0 percent, Tier 2: 30.0 percent, Tier 3: 35.0 percent, and Tier 4: 20.0 percent

• By Description: C-suite: 20.0 percent, Director-Level: 20.0 percent, and Others: 60.0 percent

• By Area: North America continent: 20.0 percent, Europe (EU): - 20.0 percent, Asia Pacific (APAC): 45.0 percent, and RoW: 15.0 percent

Segment Research

The study offers study of the plant increase chambers market across several segments. It aims at evaluating the market value and future increase potential of this market based on equipment type, application, function, end use, and area. The analysis also comprises a detailed competitive analysis of the top players in the sector together with their company descriptions, recent evolutions, and strategic management.

Key Reasons to acquire the market research:

• To get an overview of the overall plant increase chambers market

• From an insight perspective, this market research has emphasized in-depth analyses-industry, market share of top actors, and company descriptions

• this business report also explains high-growth segments of the overall plant increase chambers market, its high-growth regions and, drivers, market restraints, alternatives, and opportunities

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ref:plp2018

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