Temperature and humidity chambers to hold largest share of environmental test chambers market by 2024


Posted August 6, 2019 by poojapatange

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

 
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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Issued By Puuja
Country India
Categories Environment , Technology
Tags environmental test chmabers market
Last Updated August 6, 2019