Plant Growth Chambers Market Report 2024-2032: Precision Agriculture Propelling Market Growth - A Forecasted US$ 947.3 Million Market by 2032


Dublin, March 11, 2024 (GLOBE NEWSWIRE) -- The "Plant Growth Chambers Market Report by Equipment Type, Application, Function, End Use, and Region 2024-2032" report has been added to ResearchAndMarkets.com's offering.

The global plant growth chambers market size reached US$ 540.4 million in 2023 and is projected to reach US$ 947.3 million by 2032, exhibiting a growth rate (CAGR) of 6.44% during 2023-2032. The increasing demand for consistent crop production, advancements in plant-based research, the need to address food security challenges, and collaborations driving technological innovation are some of the major factors propelling the market.



The rising demand for high-quality and consistent crop production, irrespective of seasonal variations, is fostering the adoption of plant growth chambers in agricultural research and commercial cultivation, primarily driving its market growth. Concurrent with this, the increasing focus on plant-based research, such as genomics and genetic engineering, requires precise and controlled environments that these chambers can provide, creating a positive outlook for market expansion. Moreover, the surging need to address food security challenges amid changing climatic conditions is pushing for advancements in crop science, leading to higher utilization of growth chambers, thereby supporting the market growth. In addition to this, rising collaborations between research institutions and industry players promoting the development of innovative and technologically advanced plant growth chambers are aiding in market expansion. Furthermore, the growing awareness regarding sustainable agriculture and the role of controlled environments in minimizing resource wastage is presenting lucrative opportunities for market expansion.

Plant Growth Chambers Market Trends/Drivers

Demand for consistent crop production

One of the primary drivers of the global plant growth chambers market is the increasing demand for consistent crop production regardless of seasonal variations. Traditional agriculture is often constrained by climate changes, which can negatively impact crop yields. Plant growth chambers provide a solution by offering controlled environments where temperature, humidity, light, and other factors can be precisely regulated. This capability ensures that crops can be grown under optimal conditions throughout the year, resulting in reliable and high-quality produce. This factor is particularly crucial in regions with extreme climates or where there is a need to maintain a steady supply of fresh produce, driving the adoption of plant growth chambers in both research and commercial agricultural settings.

Advancements in plant-based research

The increasing emphasis on plant-based research, including genomics, genetic engineering, and plant physiology studies is propelling the growth of the global plant growth chambers market. These fields require controlled environments to isolate variables and accurately observe plant responses. Besides this, plant growth chambers provide researchers with the ability to manipulate factors such as light intensity, photoperiod, CO2 levels, and nutrient concentrations, enabling them to study how different conditions affect plant growth and development, thereby strengthening the market growth. As biotechnological advancements continue, the demand for precise and reproducible experimental setups offered by growth chambers remains high, further contributing to market growth.

Addressing food security and climate change

The global concern for food security amid changing climatic conditions is acting as another significant growth-inducing factor. Climate change can result in unpredictable weather patterns, impacting crop yields and food availability. Plant growth chambers offer a way to develop climate-resilient crop varieties through controlled experimentation. Researchers can simulate various climate scenarios, test different plant strains, and identify those that perform well under adverse conditions. This approach helps in developing crops that are more resistant to temperature extremes, drought, and other challenges posed by a changing climate, thus aiding in market expansion. As governments and organizations prioritize strategies to ensure food security, the use of plant growth chambers becomes integral to developing resilient and sustainable agricultural practices.

Plant Growth Chambers Industry Segmentation:

The report provides an analysis of the key trends in each segment of the global plant growth chambers market report, along with forecasts at the global, regional, and country levels for 2023-2032. The report has categorized the market based on equipment type, application, function, and end use.

North America exhibits a clear dominance, accounting for the largest plant growth chambers market share

North America's robust research infrastructure and significant investments in agricultural innovation are driving the demand for advanced plant growth chambers. In line with this, academic institutions, research organizations, and biotechnology firms are seeking precise tools to conduct cutting-edge studies in plant genetics, climate resilience, and sustainable agriculture, aiding in market expansion. Concurrently, the growing awareness of food security and environmental sustainability is pushing for technological solutions to address these concerns. Plant growth chambers offer a controlled platform to develop climate-resilient crops and explore eco-friendly cultivation methods, thereby strengthening the market growth. Additionally, the rise in plant-based research beyond agriculture, including pharmaceutical and ecological studies, contributes to market growth. Moreover, collaborations between research entities and industry players foster innovation and the development of tailored growth chambers to meet diverse research needs.

Competitive Landscape

The global plant growth chambers market boasts a competitive landscape characterized by a mix of established players and emerging entrants. Key market participants are focusing on innovations to enhance product offerings and gain a competitive edge. Established companies with a longstanding presence are leveraging their experience to provide technologically advanced and reliable growth chambers, often backed by a strong distribution network. These players prioritize research and development to introduce features such as precise environmental controls, automation, and data analytics, catering to the diverse needs of research institutions and commercial cultivators. Concurrently, newer entrants are introducing disruptive technologies and modular designs to capture niche segments. Collaborations between manufacturers and research institutions are also common, fostering the development of custom solutions tailored to specific research requirements.

The report has provided a comprehensive analysis of the competitive landscape in the market. Some of the key players in the market include:

  • Aralab
  • Binder
  • Caron Products & Services
  • Conviron
  • Darwin Chambers
  • Hettich Benelux
  • Percival Scientific
  • PHC Corporation Biomedical
  • Snijders Labs
  • Thermo Fisher Scientific
  • Weiss Technik

Key Questions Answered in This Report

1. What was the size of the global plant growth chambers market in 2023?
2. What is the expected growth rate of the global plant growth chambers market during 2024-2032?
3. What are the key factors driving the global plant growth chambers market?
4. What has been the impact of COVID-19 on the global plant growth chambers market?
5. What is the breakup of the global plant growth chambers market based on the equipment type?
6. What is the breakup of the global plant growth chambers market based on the function?
7. What are the key regions in the global plant growth chambers market?
8. Who are the key players/companies in the global plant growth chambers market?


Key Attributes:

Report AttributeDetails
No. of Pages148
Forecast Period2023 - 2032
Estimated Market Value (USD) in 2023$540.4 Million
Forecasted Market Value (USD) by 2032$947.3 Million
Compound Annual Growth Rate6.4%
Regions CoveredGlobal



Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction
4.1 Overview
4.2 Key Industry Trends

5 Global Plant Growth Chambers Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 Market Breakup by Equipment Type
6.1 Reach-in
6.2 Walk-in

7 Market Breakup by Application
7.1 Short to Medium Height Plants
7.2 Tall Plants

8 Market Breakup by Function
8.1 Plant Growth
8.2 Seed Germination
8.3 Environmental Optimization
8.4 Tissue Culture

9 Market Breakup by End Use
9.1 Clinical Research
9.2 Academic Research

10 Market Breakup by Region

11 SWOT Analysis

12 Value Chain Analysis

13 Porters Five Forces Analysis

14 Price Analysis

15 Competitive Landscape

For more information about this report visit https://www.researchandmarkets.com/r/13abdo

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Attachment

 
Global Plant Growth Chambers Market

Coordonnées