According to the latest market research report "Environmental Test Chambers Market
by Type (Temperature and Humidity Chambers, Customized Chambers,
Thermal Shock Chambers), Industry (Aerospace and Defense, Automotive,
Telecommunications and Electronics), and Geography - Global Forecast to
2024", The environmental test chambers market is estimated to
grow from USD 842 million in 2019 to USD 938 million by 2024 at a CAGR
of 2.18%. The major drivers for this market include the increase in
number of regulations in the aerospace and defense, and automotive
industries, among others; growing requirement of monitoring the effects
of various stress factors; and supportive government initiatives.
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The temperature and humidity chambers are expected to
hold the largest share of the market by 2024. The environmental test
chambers manufacturers majorly produce temperature and humidity chambers
as a standard product or catalog product used for steady-state
stability testing, basic temperature cycling, and accelerated stress
testing of products or components associated with industries. A
temperature and humidity chamber is essential for evaluating potential
success or failure of a product in the field.
Report Objectives
- To define, describe, and forecast the environmental test chambers market based on type, industry, and geography
- To forecast the environmental test chambers market, in terms of value, for the concerned segments with regard to 4 main regions—North America, Europe, APAC, and RoW
- To provide detailed information regarding drivers, restraints, opportunities, and challenges for the growth of the market
- To analyze the micromarkets with respect to individual growth trends, prospects, and contribution to the overall market
- To study the complete value chain and allied industry segments, and perform value chain analysis of the environmental test chambers landscape
- To analyze the opportunities in the market for various stakeholders by identifying the high-growth segments of the environmental test chambers market
- To profile the key players and comprehensively analyze their market position in terms of ranking and core competencies, along with detailing the competitive landscape for the market leaders
- To analyze competitive developments such as mergers and acquisitions, expansions, product and service launches, partnerships, contracts, and agreements in the environmental test chambers market
APAC to hold largest size of environmental test chambers market during forecast period
APAC is expected to account for the largest share of
the market by 2019. Many economically advanced countries have their
manufacturing units in the developing economies of APAC, especially
China and India. The domestic markets in APAC are growing rapidly owing
to the rising per capita income among the middle class. Moreover,
consumer awareness about the importance of quality products is growing
in this region. Environmental test chambers play a major role in testing
the effects of specified environmental conditions on biological items,
industrial products, electronic devices/components, and materials. Thus,
the demand for these chambers in most APAC countries is likely to
increase in the coming years.
The companies profiled in this report are ESPEC
(Japan), Thermotron Industries (US), Weiss Technik UK (Germany), Binder
GmbH (Germany), Cincinnati Sub-Zero Products, Inc. (US), Angelantoni
Test Technologies S.r.l. (Italy), Memmert GmbH + Co. Kg (Germany),
Climats (France), Russells Technical Products (US), Thermal Product
Solutions (South Korea), Climatic Testing Systems, Inc. (US), Hastest
Solutions Inc. (US), Hanse Environmental Inc. (US), CM Envirosystems
Pvt. Ltd. (India), Envsin Instrument Equipment Co. Ltd. (China),
Scientific Climate Systems (US), Presto Group (India), Bahnson
Environmental Specialties LLC (US), Eckel Noise Control Technologies
(US), and Konrad Technologies GmbH (Germany).
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