Dublin, April 11, 2023 (GLOBE NEWSWIRE) -- The "Environmental Test Chambers: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Environmental Test Chambers estimated at US$775 Million in the year 2022, is projected to reach a revised size of US$1 Billion by 2030, growing at a CAGR of 3.4% over the analysis period 2022-2030.
Temperature & Humidity, one of the segments analyzed in the report, is projected to record a 3.6% CAGR and reach US$419.9 Million by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Customized segment is readjusted to a revised 3.9% CAGR for the next 8-year period.
The U.S. Market is Estimated at $181.8 Million, While China is Forecast to Grow at 4.4% CAGR
The Environmental Test Chambers market in the U.S. is estimated at US$181.8 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$238.2 Million by the year 2030 trailing a CAGR of 4.4% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.4% and 2.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.8% CAGR.
Select Competitors (Total 76 Featured) -
- Angelantoni Test Technologies S.R.L
- Binder GmbH
- Climatic Testing Systems, Inc.
- Climats
- CM Envirosystems Private Limited
- Controlled Environments Limited
- Eckel Noise Control Technologies
- EMCOR Group Inc.
- Envsin Instrument Equipment Co., Ltd.
- ESPEC Corporation
- Hanse Environmental Inc.
- Hastest Solutions Inc.
- Konrad Technologies GmbH
- Memmert GmbH + Co. KG
- Presto Group
- Russells Technical Products
- Scientific Climate Systems
- Terra Universal. Inc.
- Thermal Product Solutions
- Thermotron Industries
- Weiss Technik UK Ltd.
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 387 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $775 Million |
| Forecasted Market Value (USD) by 2030 | $1000 Million |
| Compound Annual Growth Rate | 3.2% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Impact of Covid-19 and a Looming Global Recession
- 2020: A Year of Disruption & Transformation
- As the Race between the Virus & Vaccines Intensifies, Where is the World Economy Headed in 2021
- World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022 Country 2020 2021 2022
- Environmental Test Chamber Businesses Resume Activity Following COVID-19-Induced Downswing
- Environmental Test Chambers - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Environmental Test Chambers : A Prelude
- Working Principle
- Major Use Cases of Environmental Test Chambers
- Types of Environmental Test Chambers
- Applications of Environmental Testing Chambers
- Recent Market Activity
- World Brands
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Stability Testing Remains Indispensable Aspect of Pharmaceutical Industry
- Strong Rise in Pharmaceutical Sales to Drive Focus on Stability Testing
- Global Prescription Drug Sales (In US$ Billion) for the Years 2017, 2019, 2021, 2023 & 2025
- Global Generic Drugs Market Size (in $ Billion) for the Years 2016, 2019, 2022 & 2025
- Rise in Number of Regulations Across Industries for Safety and Reliability of Products Augurs Well for Market Growth
- Environmental Test Chambers Continue Gaining Prominence in Battery Testing Domain
- Rising Significance of Battery Testing
- Battery Powered Consumer Electronics to Spur Demand for Battery Test Chambers: Global Market for Consumer Electronics (In US$ Billion) for Years 2020, 2022, 2024 & 2026
- Global Li-ion Battery Manufacturing Capacity (in GWh) for the Years 2018, 2022 and 2025
- Growing Number of Electronic Components in High-End Industries Likely to Drive Demand for Customized Chamber
- Aersopace and Defense: A Major End-Use Market for Environmental Test Chambers
- Staged Recovery in Aviation Sector to Drive Resurgence in Demand
- Global Airlines Performance by Region: 2020 Vs 2019
- COVID-19 Pandemic Dents Airline Revenues: Commercial Airline Revenue Growth (in %) for 2010-2020
- Global Commercial Airline Revenues (in US$ Billion) for the Years 2010. 2015, 2020, and 2025
- Global Commercial Aircraft Fleet Projections: Breakdown of Fleet (in Units) by Region for 2019 and 2040
- New Satellite Launches and Rising Space Activities Flare Up Demand
- Number of Satellites in Orbit as of January 2021
- Number of Satellite Launches 2001-2019
- Environmental Testing Chambers: An Important Facet of Automotive Industry
- Basic Variables in Automotive Climate Testing
- Revival in Automotive Industry to Drive Gains
- World Automobile Production in Million Units: 2008-2022
- Rise in Demand for Electric Vehicles (EVs) and Hybrid Vehicles to Drive Momen
- Global EV Sales for the Years 2020 and 2025
- Autonomous Vehicles to Widen the Addressable Market
- Global Autonomous Vehicle Sales (In Million) for Years 2020, 2025 & 2030
- Autonomous Vehicles Commercialization & Technology Penetration Timeline
- Demand for Testing Solar Modules Increases as Solar Power Becomes Indispensable to Global Energy Mix
- Strong Demand for Solar Power Provides a Fertile Environment for the Growth of Environmental Test Chambers: Global Demand for Solar Photovoltaic Power (In Gigawatts) for Years 2020, 2022, 2024 & 2026
- Sustained Opportunities in Electronics Industry Boost Market Prospects
- Global Electrical & Electronics Equipment Market Reset & Trajectory - Growth Outlook (In %) For Years 2019 Through 2025
- Telecommunications Testing: A High Growth Market
- IoT/5G to Instigate New Wave of Growth
- Number of 5G Connections Worldwide (in Million): 2020-2025
- Breakdown of Network Latency (In Milliseconds) by Network Type
- Safety Testing of Medical Devices Spur Growth Opportunities
- World Healthcare Expenditure (In US$ Billion) for the Years 2017-2023
- Assessing Durability & Resilience of Product Packaging with Environmental Testing
- Textile Applications: An Expanding Market
- Demand for Environmental Test Chambers in Oil and Gas industry
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/gkimtp
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