Thursday, 20 June 2019

Lucrative Opportunities in Environmental Test Chambers Market- 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 industries such as aerospace and defense, and automotive; growing requirement of monitoring the effects of various stress factors; and supportive government initiatives.

Testing is also essential to ensure the efficient performance of various equipment. The main test objects in military and defense are complex components, composite enclosures, control rod ends, skin and edge assemblies, components of helicopters, aircraft engines, turbine blades, RF materials, straps, and eject handles. The environmental test chambers employed in the aerospace and defense applications provide precise conditions that simulate airborne operations, and include altitude chambers, humidity chambers, low-temperature chambers, walk-in chambers, combined environment/AGREE chambers, HALT and HASS chambers, thermal shock chambers, and industrial freezers.

The temperature and humidity chambers are expected to hold the largest share of the environmental test chambers 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 products in their respective functional areas.

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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