Environmental Test Chambers Market size was over USD 2.1 Billion in 2023 and is anticipated to cross USD 4.07 Billion by the end of 2036, growing at more than 5.2% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of environmental test chambers is estimated at USD 2.2 Billion.The growth of the market can be attributed to the growing adoption of renewable sources of energy. For instance, by the end of February 2023, India's installed renewable energy capacity stood at about 167 GW. However, in order to make sure that components such as solar panels and wind turbines are capable of withstanding a variety of environmental conditions, the renewable energy sector requires rigorous testing. This propels the demand for environmental test chambers.
The environmental test chambers provide a repeatable, predictable environment that makes them an affordable option to evaluate energy components. This lessens the need for costly field testing or prototyping. Further, the surge in demand for automobiles also influences the growth of the market. With car sales of approximately 22 million units in 2022, China had the largest automotive sector. In order to ensure their quality and safety under a variety of environmental circumstances, automotive sector components and materials must be tested. To test the resilience and performance of these components, environmental test chambers could replicate high temperatures, humidity, and vibration.
Growth Drivers
Challenges
|
Base Year |
2023 |
|
Forecast Year |
2024-2036 |
|
CAGR |
5.2% |
|
Base Year Market Size (2023) |
USD 2.1 Billion |
|
Forecast Year Market Size (2036) |
USD 4.07 Billion |
|
Regional Scope |
|
Environmental test chambers market from the pharmaceuticals segment is slated to register the highest revenue by 2036. The segmental growth is driven by the growing production of pharmaceutical products such as medicines. With a peak of 59 new pharmaceuticals approved in 2018, the number of new drugs approved for sale climbed by 60% between 2010 and 2019 compared to the prior decade in the U.S. However, pharmaceutical goods need to be transported and stored in particular environmental settings to keep them stable and effective. This includes regulating temperature, humidity, and light exposure. Environmental test chambers could simulate these settings, allowing pharmaceutical businesses to test their medications and verify that they remain stable and effective in a variety of environments. Added to this are other factors including aging populations and the increasing frequency of chronic diseases. This leads to the growth of the pharmaceutical business. Environmental test chambers are crucial instruments for designing and evaluating these new goods to make sure they adhere to regulations and function properly in a variety of environmental settings.
Type (Temperature & Humidity Chamber, Thermal Shock, Corrosion Chamber, Xenon Test Chamber)
The temperature & humidity chamber segment in the environmental test chambers market is projected to have significant growth during the forecast timeline. Given their crucial role in ensuring the dependability and performance of goods and materials, temperature and humidity chambers are in great demand. The requirement for accurate testing under various environmental circumstances becomes increasingly crucial as items become more sophisticated. Manufacturers could test goods and materials under challenging conditions to make sure they adhere to regulatory norms and quality standards by using temperature and humidity chambers.
Our in-depth analysis of the global market includes the following segments:
|
Type |
|
|
Application |
|
APAC Market Analysis
The environmental test chambers market in Asia Pacific is anticipated to have the highest growth by 2036. This is backed by the growing adoption of automobiles, along with the growing demand for consumer electronics. Added to this is the rapid industrialization in nations such as China and India. Environmental test chambers are therefore becoming more and more important to ensure that goods and materials meet quality requirements and function dependably in a variety of environmental settings. In many sectors such as medicines and food and beverage, several Asia Pacific nations have strict regulatory standards for goods and materials. For compliance with these regulatory criteria, environmental test chambers are crucial.
North American Market Forecast
The North America environmental test chambers market is set to have the highest growth during the forecast timeframe. In North America, there is an increasing emphasis on quality and dependability, notably in sectors such as aerospace, automotive, and electronics. Environmental test chambers are crucial for guaranteeing that materials and products fulfill quality standards and function dependably in a variety of environmental settings. The need for environmental test chambers to evaluate the dependability and performance of renewable energy systems also propels regional market growth.
Thermotron Industries
Author Credits: Shweta Patidar
Copyright © 2024 Research Nester. All Rights Reserved
FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.
Have questions before ordering this report?