Global Environmental Test Chambers Total Market Size Was 1320.67 Million USD In 2017
Tuesday, 18 Dec, 2018
Environmental Chambers are environmental testing devices used for various types of testing such as prototype evaluation, research & development testing, production testing, accelerated stress testing, reliability testing, failure analysis, and any other application where environmental simulation is needed. In the coming years there is an increasing demand for environmental test chambers in the regions of North America, Europe and Asia.
In 2017, global environmental test chambers total market size was 1320.67 million USD, with a steady growth in recent years, according to GIR analysis, the market is expected to reach 1562.01 million USD by the end of 2023. one of the salient features of environmental test chambers market is the cooperation with downstream automotive, aerospace, electronics, biological and pharmaceutical industry players, which brings more income and steady orders than retail sales.
Geographically, the consumption market is leading by Asia Pacific and Europe, sales in Asia Pacific regions like China, Japan, Southeast Asia and India will see significant growth in future period. In terms of year 2017, United States holds the largest market share, with about 245.62 Million USD sales revenue, followed by China, with about 17.59%% market share in 2017. Germany will keep playing important role in global market.
ESPEC and Thermotron the biggest two players in Environmental Test Chambers market, with about 19.60% and 10.90% market share Respectively in 2017. Other leading market players in environmental test chambers market include Weiss Technik, Binder, CSZ, Memmert, Angelantoni, CTS, CME, Envsin, Russells Technical Products, Climats, Fentron Klimasimulation, DOAHO, TPS, Scientific Climate Systems, Caron and Hastest Solutions etc. the market competition may become more intense with more innovation products, acquisitions and improvement of raw material cost control and etc.
Each of the environmental test chambers manufacturers has its own mature sales networks. Through retailer and resells, their authorized distributors or their partners, those environmental test chambers manufacturers keep keen on expanding their environmental test chambers sales. To achieve better sales businesses, environmental test chambers manufacturers usually invest on their marketing channel infrastructure every year.