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Environmental Test Chambers Market Projected to reach $938 million by 2024 | Key players include ESPEC, Thermotron Industries, Binder GmbH, Climats and Hanse Environmental Inc.

05-02-2019 09:14 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: MarketsandMarkets™

MarketsandMarkets

MarketsandMarkets

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.

Browse 66 market data Tables and 28 Figures spread through 138 Pages and in-depth TOC on "Environmental Test Chambers Market - Global Forecast to 2024"
View detailed Table of Content here -
https://www.marketsandmarkets.com/Market-Reports/environmental-test-chambers-market-107895228.html

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

The temperature and humidity chambers are expected to hold the largest share of the environmental test chambers 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 products in their respective functional areas.

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Environmental test chambers employed in aerospace and defense applications provide precise simulation of airborne operations
Testing is also essential to ensure the efficient performance of various equipment. The main test objects in military and defense are complex components, composite enclosures, control rod ends, skin and edge assemblies, components of helicopters, aircraft engines, turbine blades, RF materials, straps, and eject handles. The environmental test chambers employed in the aerospace and defense applications provide precise conditions that simulate airborne operations, and include altitude chambers, humidity chambers, low-temperature chambers, walk-in chambers, combined environment/AGREE chambers, HALT and HASS chambers, thermal shock chambers, and industrial freezers.

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.

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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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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

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