Monday, 17 December 2018

Plant Growth Chambers Market Analysis with Key Companies & Market Revenue

Plant Growth Chambers Market

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 i.e 2017 to 2022. The key players in the plant growth chambers market include Thermo Fisher (US), CARON (US), Conviron (Canada), Percival Scientific (US), BINDER (Germany), Weiss Technik (Germany), Saveer Biotech (India), Arlab (Portugal), Hettich Benelux (Netherlands), Freezers India, BRS bvba (Belgium), and Darwin Chambers (US). These key players focused on various business strategies such as the new product launches, agreements, partnerships, and expansions, to increase their market presence. Thermo Fisher and CARON are the top two companies in the plant growth chambers market based on overall revenues, product offerings, and strategic activities related to the plant growth chambers.

Thermo Fisher is a life science research institute focused on providing chemicals, supplies, laboratory equipment, and services. The company is involved in the development, innovation, and marketing of a wide range of brands, which include various equipment and solutions. It operates through four business segments—Life Sciences Solutions, Analytical Instruments, Specialty Diagnostics, and Laboratory Products and Services. The company offers plant growth chambers through its microbiological incubators & environmental chambers & accessories division, which is a part of the Laboratory Products and Services segment. The wide geographical reach and robust distribution network across the world have aided Thermo Fisher to be one of the strongest participants in the plant growth chambers market. Besides, the company offers effective plant growth chambers that provide broad temperature range, optimum temperature uniformity and recovery, which contribute to an ideal test environment, even when the chamber contains large product loads and low output heat-generating equipment. Offering customer quality equipment with better efficacy has aided this company to be one of the leading players in this market.

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CARON is a global leader in the designing, manufacture, and distribution of high-quality temperature and environmental control equipment. The company is a global supplier of custom configured chambers to a wide range of industries and disciplines. It operates its business through two major segments: products and applications. The products segment offers plant growth chambers. The company offers a wide range of chamber size & light configurations, tailored to meet customer capacity needs and growth requirements. Research and development is the key strategy adopted by this company. It invests in R&D and technology development, to meet the increasing demand for effective plant growth chambers in the global market. Additionally, CARON consistently develops and introduces advanced plant growth chambers in the market, which has significantly contributed to the success of this company in this market. For instance, in December 2011, CARON introduced a new plant growth chamber that provided customers with a complete variety of plant life research work—from seedlings to fully developed plants and crops. Later in 2014, this company offered next-generation plant growth chambers to enhance its product line.

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