Plant growth chamber is a scientific device designed to create artificial environment for plant growth. Plant growth chambers are made of metals and have finishing of white enamel. These are used for applications, such as, plant breeding, genetic research, seed development, and plant pathology research. Different plant requires different photoperiod, CO2, humidity, and other such parameters for growth. Plant growth chambers are designed considering the variety of abiotic parameter requirement for different species of the plant kingdom. These chambers possess various features, such as, touch-screen control, observation windows, additional lightening, humidity control, spray nozzle packages, CO2 enrichment, air-cooled condensing, remote-controlled condensing, dry alarms, cabinet and shelving, dimmable light, extended temperature ranges, and heated and glass doors which help the user to regulate the growth condition as per the requirement of the plant.
Awareness in the government regarding the importance of research, increase in research activities and rise in funds in research laboratories, surge in collaboration between manufacturers and research organizations, and growth in adoption of energy-efficient plant growth chambers are some of the factors which are likely to propel the global plant growth chamber market during the forecast period. However, high cost of plant growth chambers and their maintenance and operation is anticipated to restrain the global plant growth chamber market in the near future. Introduction of new generation chambers that are energy efficient and technologically advanced with automated condition control and monitoring system are expected to propel the growth of global plant growth chamber market. Traditional plant growth chambers consumed high energy as heavy instruments were installed in them. Introduction of new plant growth chambers with reduced operational cost by manufacturers is projected to fuel the growth of the global plant growth chamber market during the forecast period.
The global plant growth chamber market can be segmented on the basis of type, end-user, and region. Based on type, the market can be divided into reach- in chamber and walk-in chamber. Reach-in chambers are highly preferred and cost-effective for research institutes. Moreover, they are available in different sizes. Walk-in Chamber is expected to propel the global plant growth chamber market during the forecast period because it is expected that plant growth chamber will be used for commercial production of variety of crops.
In terms of end-user, the global plant growth chamber market can be classified into academic institutes, research institutes, and others. Research institutes are propelling the growth of the plant growth chamber market due to increased funding of research organizations. The others segment consists of pharmaceutical companies and Ayurveda companies. The others segment is expected to grow significantly during the forecast period due to rapidly growing demand for natural nutrients and rise in awareness about the effectiveness of Ayurveda medicines.
Geographically, the global plant growth chamber market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is the leading market for plant growth chambers, driven by financial, economic, and technological development. Europe is the second largest market for plant growth chambers. Most of the countries in Asia Pacific are emerging economies, with evolving R&D in plant physiology. This is expected to contribute to the growth of the plant growth chamber market in the region. Latin America and Middle East & Africa are still facing late back in plant growth chamber global market due to underdeveloped research and development infrastructure of countries falling in this region.
Key players operating in the global growth chamber market include PHC Corporation, VWR Lab Products Pvt. Ltd, Conviron, Thermo Fisher Scientific, and Biolab Scientific.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.