USD 742.72 Million
Report ID: SQSG20I2001 | Region: Global | Published Date: September, 2022 | Pages: 165 | Tables: 70 | Figures: 75
The Global Environmental Test Chambers Market is valued at USD 742.72 Million in 2021, and it is anticipated to attain a value of USD 938.58 Million by 2028, at a CAGR of 3.40% over the prediction period (2022 - 2028).
An environmental chamber is a testing device that is widely utilized for a variety of tests such as prototype evaluation, R&D testing, production testing, accelerated stress testing, and reliability testing. Other applications require failure analysis and environmental simulation. Environmental test chambers are used to test the effects of certain atmospheric conditions on biological products, electronic devices, and industrial materials. These chambers are installed for the independent testing of climatic effects on specimens, preparing samples for chemical and physical testing, and conducting tests on specimens. Environmental test chambers are widely used in automotive, aerospace and defense, and other industries.
Global Market Size
USD 742.72 Million
Temperature and Humidity Chamber
Temperature and Humidity Chamber
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The Global Environmental Test Chambers Market is segmented on the basis of Type, Industry, and region. Based on the Type, the Environmental Test Chambers Market is segmented into Thermal Shock Chambers, Temperature & Humidity Chambers, Corrosion Test Chambers, Xenon Test Chambers, and Others. Based on the Industry, the market is segmented as Healthcare, Aerospace & Defense, Automotive, Electronics, Food, Personal Care & Cosmetic Products, and Others. Based on Region, the Environmental Test Chambers Market is segmented into North America, Europe, Asia-Pacific, South America, and MEA.
Analysis by Type
In 2021, the temperature and humidity chamber segment of the market is projected to hold the most lucrative share of more than 30% in the Environmental Test Chambers Market. The segmental growth of the market is attributed to the major adoption of these types of chambers among the food and personal care & cosmetic products manufacturing companies. Besides, the key players also focus on the manufacturing of these types of test chambers. For instance, ESPEC Corp. manufactures and provides various temperature and humidity chamber models such as Platinous J Series Temperature (& Humidity) Chamber; Environmental Stress Chamber AR series; Rapid-Rate Thermal Cycle Chamber; Bench-Top Type Temperature (& Humidity) Chamber; Constant Climate Cabinet; among others.
Analysis by Industry
In 2021, the healthcare segment of the Environmental Test Chambers Market is projected to hold the most lucrative share of more than 28% of the Environmental Test Chambers Market. The segmental growth of the market is attributed to the rise in the various healthcare activities across the globe such as the advent of novel medicines, ointments, lotions, and many other healthcare products including devices particularly based on silicon. The testing of healthcare is carried out in testing laboratories and manufacturing centers to aid the manufacturers in the enhancement of their marketability of the products and set costs accordingly. Further, various medicines are needed to be checked at a particular temperature and other measures. Hence, this again generates the demand for the environmental test chambers, and, in turn, contributes to the growth over the forecast period.
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The Global Environmental Test Chambers Market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. In 2021, the Asia-Pacific region is projected to hold the most substantial share of the market. The regional Environmental Test Chambers Market is likely to be driven by the higher demand for these chambers across the major economies in the region, such as China and India. The factors that upsurge the demand across these economies are the rapid industrialization, and urbanization in these economies.
The rise in the end-user industries in the region is at a fast pace, due to which there arises a significant market demand. On the other hand, there has been increased consumer awareness regarding the importance of quality products. Environmental test chambers play a vital role in testing the effects of specified environmental conditions on industrial products, biological items, electronic devices/components, and materials. Favorable government initiatives and regulations in Asian countries also positively influence the growth of the Environmental Test Chambers Market. For instance, in January 2019, the Chinese government extended its fixed-asset investment in the civil aviation sector to approximately USD 12.4 billion in 2019. Whereas, in May 2019, the Food Safety and Standards Authority of India (FSSAI) has invested USD 72.3 million in fortifying the food testing infrastructure in India, upgrading 59 existing food testing laboratories, and setting up around 62 new mobile testing labs. Thus, the demand for these chambers in most APAC countries is likely to increase in the near future.
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The market is fragmented in nature. The prominent players operating in the market are constantly adopting various growth strategies in order to stay afloat in the market. Product launches, innovations, mergers, and acquisitions, collaborations and partnerships, and intensive R&D are some of the growth strategies that are adopted by these key players to thrive in the competitive market. The key Environmental Test Chambers Market players are also constantly focused on R&D in order to supply industries with the most efficient and cost-effective solutions.
Top Player’s Company Profiles
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According to our analysis, among the type, the temperature and humidity chamber segment is projected to hold a dominating share during the period. Among the industry, the healthcare industry segment is projected to hold a dominating share during the period.
|Market size value in 2021||USD 742.72 Million|
|Market size value in 2028||USD 938.58 Million|
|Forecast period||2022 - 2028|
|Forecast Unit (Value)||USD Million|
|Regions covered||North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)|
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Parent Market Analysis
KEY MARKET INSIGHTS
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Global Environmental Test Chambers Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Environmental Test Chambers Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
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