Plant Growth Chambers Industry Overview
|Study Period:||2018 - 2028|
|Fastest Growing Market:||Europe|
|Largest Market:||North America|
*Disclaimer: Major Players sorted in no particular order
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Plant Growth Chambers Market Analysis
The global plant growth chamber market is projected to register a CAGR of 4.7% in the forecast period, 2022-2027.
The COVID-19 pandemic had a significant influence on the plant growth chambers market due to disruptions in the supply chain, lower production, and lack of raw materials for production. There was a shortage of technical labor at production sites as people were not allowed to move around. Thus, it took more time than normal to rectify the technical faults.
There is increasing adoption of plant growth chambers for both industrial and academic research purposes. The need to feed an ever-growing global population, coupled with the increasing demand for sustainable agricultural practices, fueled a significant rise in the demand for plant growth chambers across the world. Moreover, a decreased arable land worldwide is driving the demand for these artificial growth chambers for sustainable crop production.
The market is relatively mature in North America and Europe, while it is emerging rapidly in Asia-Pacific and South America. Short plant chambers occupy a larger share of the market by application than others, as they are less expensive than the chambers that can accommodate taller plants.
In terms of market share, ThermoFisher, Conviron, Weiss Technik, Binder GmbH, Percival, Scientific Inc., and HydrofarmCo. Ltd dominates the market.
Plant Growth Chambers Industry Segments
Plant growth chambers are chambers that are made to produce favorable conditions, like humidity and temperature, which maximize plant growth. They are vastly applied in plant breeding and genetic research, photosynthesis, nutrition, and other aspects of plant physiology. The two types of chambers available are reach-in and walk-in chambers.
Reach-in plant growth chambers or incubators are often used in research applications, as they provide lighting for vascular plants and are used in plant pathology research, seed development, and many other applications. Walk-in plant growth chambers are room-sized and provide light for vascular plants, and they are used in standard plant production.
The Global Plant Growth Chambers Market is Segmented by Equipment Type (into Reach-in and Walk-in), Application (into Short Plant and Tall Plants), Function (into Plant Growth, Seed Germination, Environment Optimization, and Tissue Culture), and Geography (into North America, Europe, Asia-Pacific, South America, and Africa).
Plant Growth Chambers Market Trends
This section covers the major market trends shaping the Plant Growth Chambers Market according to our research experts:
Increasing Demand for Food and Decreasing Arable Land
The need to feed an ever-growing global population, coupled with increasing demand for sustainable agricultural practices, fueled a significant rise in demand for plant growth chambers across the world. According to FAO, agricultural production is anticipated to grow two-fold over the coming 36 years, to meet the demands of a population of 9 billion. The need to produce a larger quantity of food is fueling the demand for new innovative technologies for sustainable crop production. Thus, there is broader acceptance and recognition of the increasing benefits of plant growth chambers in developed and developing countries.
Additionally, with the amount of arable land per-person declining and the population expanding, global crop-yields must increase to meet the food production needs. According to the World Bank statistics, in South Asia, there was a decline in the arable land percentage of the total land, from 56.84% in 2017 to 56.71% in 2018. Thus, a reduction in arable land and the pollution in the developing countries of South Asia are expected to increase the demand for alternative cultivation, including growing in chambers. As a result, the most dramatic rise in the demand for plant growth chambers is likely to be witnessed in the coming years.
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North America Dominates the Market
North America is currently the largest market for plant growth chambers in the world, with countries, like the United States, Canada, and Mexico, demonstrating massive adoption of incubators for a controlled and sustainable plant growth. This is largely attributed to the declining arable land, which spurred the demand for plant growth chambers in the United States and other countries. These chambers are significantly utilized in the region to avoid the disturbances in the continuous supply of food and develop innovative and quality plants that are free of diseases. The presence of major companies, such as Thermo Fisher, Caron, and Conviron is majorly contributing to the growth of the market in this region.
Additionally, the rise 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 the region. According to the international society for Horticultural Sciences, there are nearly over 250 commercial plant laboratories in the United States with probably 50 more within the research units of agribusinesses. Their products can be segmented between agriculture and horticulture. Moreover, new tissue culture laboratories under progress in the country to undertake the research activities, which, in turn, is creating a demand for growth chambers equipment.
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Plant Growth Chambers Market Competitor Analysis
The plant growth chambers market is consolidated, with the major industry players occupying a majority share of the market. ThermoFisher, Conviron, Weiss Technik, Binder GmbH, Percival Scientific Inc. are some of the major players. The companies are largely focusing on expansions, partnerships, mergers, and acquisitions, among other strategies, to move ahead of their competitors in the global market.
Plant Growth Chambers Market Top Players
Percival Scientific, Inc.
*Disclaimer: Major Players sorted in no particular order
Plant Growth Chambers Market Recent Developments
In 2021, Caron acquired UK-based Bigneat to expand the product portfolio and laboratory equipments used in research, development, production, and quality control processes in the global life sciences sector.
In 2020, Conviron launched its new line of plant growth chambers consisting of three models, the GEN1000, GEN2000, and the GEN1000-GE. These advanced plant growth chambers enable users to grow a wide variety of plants in an economical and space-efficient platform.
In January 2019, BINDER GmbH launched the new efficient and environmental-friendly KBF-S ECO constant climate chamber. Thus, the players are constantly involving in R&D and launching their products to increase their market share.
Plant Growth Chambers Market Report - Table of Contents
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Porter's Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Competitive Rivalry
5. MARKET SEGMENTATION
5.1 Equipment Type
5.2.1 Short Plants
5.2.2 Tall Plants
5.3.1 Plant Growth
5.3.2 Seed Germination
5.3.3 Environment Optimization
5.3.4 Tissue Culture
5.4.1 North America
184.108.40.206 United States
220.127.116.11 Rest of North America
18.104.22.168 United Kingdom
22.214.171.124 Rest of Europe
126.96.36.199 Rest of Asia-Pacific
5.4.4 South America
188.8.131.52 Rest of South America
184.108.40.206 South Africa
220.127.116.11 Rest of Africa
6. COMPETITIVE LANDSCAPE
*List Not Exhaustive
6.1 Most Adopted Strategies
6.2 Market Share Analysis
6.3 Company Profiles
6.3.2 BINDER GmbH
6.3.3 Brs Bvba
6.3.4 CARON Products & Services Inc.
6.3.6 Darwin Chambers
6.3.7 Freezers India
6.3.8 Hettich Benelux BV
6.3.9 Percival Scientific Inc.
6.3.10 Saveer Biotech Limited
6.3.11 Thermo Fisher
6.3.12 Weiss Technik
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. IMPACT OF COVID-19 ON THE MARKET
Plant Growth Chambers Market Research FAQs
What is the study period of this market?
The Plant Growth Chambers Market is studied from 2018 - 2028.
What is the growth rate of Plant Growth Chambers Market?
The Plant Growth Chambers Market is growing at a CAGR of 4.7% over the next 5 years.
Which region has highest growth rate in Plant Growth Chambers Market?
Europe is growing at the highest CAGR over 2018 - 2028.
Which region has largest share in Plant Growth Chambers Market?
North America holds highest share in 2021.
Who are the key players in Plant Growth Chambers Market?
Thermo Fisher, Conviron, Percival Scientific, Inc., BINDER GmbH, Weiss Technik are the major companies operating in Plant Growth Chambers Market.
Plant Growth Chambers Industry Reports
In-depth industry statistics and market share insights of the Plant Growth Chambers sector for 2020, 2021, and 2022. The Plant Growth Chambers research report provides a comprehensive outlook of the market size and an industry growth forecast for 2023 to 2028. Available to download is a free sample file of the Plant Growth Chambers report PDF.