Increase in Number of Regulations in Industries Expected to Drive Global Climate Chamber Market: Ken Research

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Climate Chamber is an environmental testing device used for numerous types of testing for instance research & development testing, production testing, accelerated stress testing, reliability testing, prototype evaluation, failure analysis, and any other application where environmental replication is needed. It is artificially replicates the situations under which materials, machinery, devices or components might be exposed.

Global Climate Chamber MarketAccording to study, “Global Climate Chamber Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024” the key companies operating in the global climate chamber market are ESPEC, Angelantoni Test Technologies S.R.L., Thermotron Industries, Cincinnati Sub-Zero Products, Inc., Climats, Binder GmbH, Thermal Product Solutions, Weiss Technik UK, Russells Technical Products, Memmert GmbH + Co. Kg, Envsin Instrument Equipment Co. Ltd., Scientific Climate Systems, Climatic Testing Systems, Inc., CM Envirosystems Pvt. Ltd., Hastest Solutions Inc., Bahnson Environmental Specialties, LLC, Hanse Environmental Inc., Eckel Noise Control Technologies, Presto Group, Konrad Technologies GmbH. The key companies operating in the market are involved in new product development to increase the quality & reliability of the existing product.

Based on type, climate chamber market is segmented into walk-in chambers, bench-top chambers, temperature & humidity chamber, thermal shock chambers, specialty chambers and others (altitude chambers, AGREE chambers, HALT & HASS chambers, salt & spray chambers, sand & dust chambers and remote conditioners). The temperature & humidity chambers as a standard or catalog product used for basic temperature cycling, steady-state stability testing, and accelerated stress testing of components or products associated with industries. Based on test requirement, market is segmented into dynamic climate chambers and constant climate chambers. In addition, based on application, market is segmented into electronics, aerospace, pharma & bio, electronics and others (building & construction, electricity, oil & gas, water, and marine).

The climate chamber market is driven by increase in number of regulations in industries for instance aerospace & defense, and automotive, followed by growth in supportive government initiatives and increase in requirement of monitoring effects of various stress factors. However, high development cost associated with environmental test chambers and shorter product life cycle & fast-changing testing requirements may impact the market. Moreover, rise in Innovations in Connectivity & Smart Technologies is a key opportunity for market.

Based on geography, the North-American region holds major share in climate chamber market, followed by European region owing to accelerating pharmaceutical & food industries and growth in supportive government regulations in the region. The market players operating in the region are strengthening their businesses by attaining supplier companies of sub-products required for environmental test chambers. Whereas, the Asian-Pacific region is estimated to exhibit higher CAGE due to rise in government investments in related industrial sectors, for instance aerospace over the forecast period. In near future, it is predicted that the market will be reached at rapid pace on account of rise in adoption of food safety & quality assurance mechanisms for instance Total Quality Management (TQM) that includes ISO 22000, ISO 9000, Hazard Analysis & Critical Control Points (HACCP), Good Manufacturing Practices (GMP), and Good Hygienic Practices (GHP) by the food processing industry during the forecast period. The worldwide market is projected to grow at a CAGR of approximately 2.5% over the next five years, will reach US $740 million in 2024, from US $640 million in 2019.

To know more, click on the link below:-

Global Climate Chamber Market Research Report

Related Reports:-

Global Climate Test Chambers Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use

Global Climate Test Chambers Market Analysis 2013-2018 and Forecast 2019-2024

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Ken Research

Ankur Gupta, Head Marketing & Communications

ankur@kenresearch.com

+91-9015378249

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