Plant Growth Chamber Market Growth Projected at 3.29% CAGR as Walk - In Chambers and GM Crops Adoption Set to Increase to 2019

16 Nov, 2015, 21:00 ET from Sandler Research

PUNE, India, November 17, 2015 /PRNewswire/ --

Based on the new research on plant growth chamber market, disposable incomes in developing countries such as China and India are increasing, resulting in growth in per capita consumption of agricultural products. Dietary changes, due to the demand for grain-intensive animal protein and dairy products, have resulted in expanded diets. Governments are implementing new policies to meet food security concerns, resulting in the demand for nutrition along with crop production.

Complete report on global plant growth chamber market spread across 74 pages, profiling 6 major companies and supported with 40 data exhibits is now available at is now available at http://www.sandlerresearch.org/global-plant-growth-chamber-market-2015-2019.html.

The analysts forecast global plant growth chamber market to grow at a CAGR of 3.29% over the period 2014-2019. To calculate the market size, the report considers the revenue generated from sales of walk-in and reach-in plant growth chambers worldwide. The reach-in segment accounted for the largest market share of around 78% during 2014. However, this research report predicts the walk-in segment to witness an increase in demand during the forecast period. The rising demand from biotech firms and big agricultural research institutions for walk-in chambers is expected to propel the growth of this segment.

The growing adoption of genetically modified (GM) crops is also anticipated to fuel the market growth during the forecast period. For instance, the land area under GM crops is predicted to reach around 275 million hectares by 2019, growing at a CAGR of around 9%. Herbicides are also used extensively to aid the growth of such crops, thereby leading to increased demand.

Manufacturers sometimes use LED instead of conventional light sources in plant growth chambers as these lights deliver narrowband or continuous wide spectrum. Adjusting the intensity of LED color channels within the fixture allows researchers to control the spectral composition used on the plants. In addition, unlike fluorescent bulbs, LED outputs remain more stable as chamber temperature decreases, thus providing consistency of spectrum for a range of temperatures. Order a copy of Global Plant Growth Chamber Market 2015-2019 report @ http://www.sandlerresearch.org/purchase?rname=46232.

International vendors dominate the global plant growth chamber market. However, regional players with significant market shares have also established a presence. This research report predicts that a number of international vendors are expected to expand their presence worldwide during the forecast period. The global plant growth chamber market report, profiles BINDER, Conviron, CARON, CLF Plant Climatics, Thermo Fisher and Weiss Technik as key players of the market. And the other prominent vendors in the market are: EGC, Hettich Benelux, Snijders Labs, Percival Scientific, and Panasonic Biomedical.

Further, the report states that the high cost of plant growth chamber is the biggest challenge impeding the growth of the market.

Explore other new reports on Agribusiness market at http://www.sandlerresearch.org/market-research/agribusiness .

A related report Global Agroscience Market 2015-2019 has analyzed that consumers are becoming more eco-conscious and the increasing concern for fuel efficiency has significantly upped the demand for biofuels. Biofuels such as bioethanol, biodiesel, and biogas are known for their contribution to sustainability. Nitrogenous fertilizers are an important input in biofuel production and their use has increased over the years to meet the rising energy needs. Biofuels are sourced from energy crops that include wheat, soybean, corn, rapeseed, and sugarcane. Biodiesel is sourced from crops such as soybean, whereas ethanol needs corn syrup for its preparation.

To calculate the market size, the report considers revenue generated from the sales of the following products are GM seeds, Biopesticides and Biostimulants.

The key players in the Global Agroscience Market are Bioworks, Agrinos, Dow AgroSciences, Monsanto, Stoller USA and Syngenta. Browse other prominent vendors and complete report at http://www.sandlerresearch.org/global-agroscience-market-2015-2019.html.

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