Global Plant Growth Chambers Market to Reach US$ 947.3 Million by 2032, Impelled by Rising Adoption of Sustainable Agricultural Practices

June 08, 2022 | Agriculture

According to the latest report by IMARC Group, titled "Plant Growth Chambers Market Report by Equipment Type (Reach-in, Walk-in), Application (Short to Medium Height Plants, Tall Plants), Function (Plant Growth, Seed Germination, Environmental Optimization, Tissue Culture), End Use (Clinical Research, Academic Research), and Region 2024-2032," the global plant growth chambers market reached a value of US$ 540.4 Million in 2023. Plant growth chambers refer to equipment that are designed for cultivating plants. They are generally built with controlled light, pressure, temperature and atmospheric gas composition in order to perform various analyses and examinations on plants. Additionally, they are usually integrated with illumination and cooling devices, microprocessor controllers, sensors, glass wool, refrigerant gas, safety systems and power supply tools that aim to create conditions responsible for plant germination. They are widely utilized for plant breeding, genetic research, photosynthesis, nutrition studies, research in other topics in plant life, and physiology and the production and growth of plants.

Global Plant Growth Chambers Market Trends:

The global market is primarily driven by significant growth in the agriculture industry. Coupled with the rising implementation of advanced methods in horticulture crop production, this is creating a positive market outlook. Along with this, extensive research and development (R&D) activities conducted by key players in the field of entomology and crop genetic engineering are providing a boost to the demand for plant growth chambers. Additionally, continual technological advancements and the introduction of smart plant growth chambers are also acting as major growth-inducing factors. Furthermore, the increasing adoption of sustainable agricultural practices, along with the growing preference for organic vegetables and fruits among the masses, is favorably impacting the market growth. Moreover, the rising need for a continuous food supply and the presence of unfavorable climatic conditions in multiple countries are catalyzing the product demand. Other factors, including rapid urbanization, decreasing rate of arable lands, product miniaturization and the easy product availability via online and offline channels, are also positively influencing the product uptake. On account of the aforementioned factors, the market is anticipated to reach a value of US$ 947.3 Million by 2032, exhibiting a CAGR of 6.2% during 2024-2032.

Market Summary:

  • On the basis of the equipment type, the market has been segregated into reach-in and walk-in.
  • Based on the application, the market has been classified into short to medium height plants and tall plants.
  • On the basis of the function, the market has been categorized into plant growth, seed germination, environmental optimization and tissue culture.
  • Based on the end-use, the market has been bifurcated into clinical and academic research.
  • On the basis of the region, the market has been divided into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others), Latin America (Brazil, Mexico and others) and the Middle East and Africa.
  • The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market. Some of these players include Aralab, Binder GmbH, Caron Products & Services Inc., Conviron, Darwin Chambers, Hettich Benelux B.V., Percival Scientific, PHC Corporation Biomedical, Snijders Labs, Thermo Fisher Scientific and Weiss Technik.

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Global Plant Growth Chambers Market to Reach US$ 947.3 Million by 2032, Impelled by Rising Adoption of Sustainable Agricultural Practices
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