Future Market Insights (FMI) recently published a report on the global stability test chambers market, which was valued at USD 2.7 billion in 2018. The market is projected to expand at a compound annual growth rate (CAGR) of 5.8% from 2019 to 2027.
Stability test chambers are crucial in various industries, including pharmaceuticals, electronics, food and beverages, construction, and chemicals. These chambers are used to store and test products under controlled temperature and humidity conditions. Significant growth in industries like pharmaceuticals and electronics is expected to drive the demand for stability test chambers globally.
In the food industry, stability test chambers are essential for testing the quality parameters of food packaging and preservatives, especially as demand for packaged food rises globally. In pharmaceuticals, rigorous testing based on predetermined guidelines for drugs, medicines, and healthcare products is a key driver of the market. Similarly, the electronics industry uses stability test chambers to evaluate components such as semiconductors and capacitors. Additionally, the growing construction industry and the need for quality testing in cement manufacturing further contribute to the expansion of the market.
Technologically Advanced Stability Test Chambers Gaining Traction as User-friendly Variants
The stability test chambers market has grown rapidly over the past few years due to the availability of technologically advanced stability test chambers. Technological advancements, such as precise temperature & humidity control, fog-free viewing window, humidity water filtration system, and computer interface, have made stability test chambers more user-friendly.
In addition, the availability of a variety of testing chambers, such as humidity and temperature test chambers, thermal shock test chambers, and altitude test chambers, is also significantly driving the stability test chambers market. Newly added features, such as a programmable timer, audio-visual alarm, and remote monitoring, are also boosting the demand for stability test chambers.
Rapid growth in the pharmaceutical & food industries and the existence of key manufacturing players in the North America and Europe regions are also among factors propelling the demand for stability test chambers.
Key Companies in Stability Test Chamber Market Focusing on Industry-specific Instrument Development
According to the FMI analysis, Thermo Fisher Scientific Inc., and Weiss Technik North America, Inc. are among the prominent manufacturers of stability test chambers. Manufacturing and providing a wide range of stability test chambers to customers as per the industry requirements are among the key strategies followed by major players to capture a significant market share.
Some of the key manufacturers of stability test chambers are Guangdong sanwood instrument technology co.,ltd, Thermotron Inc., Falc Intruments s.r.l, Terra Universal. Inc., ESPEC CORP, Angelantoni Test Technologies, Scientific Climate Systems and Qualitest International Inc.
Key Segment
Based on Equipment Type:
- humidity & temperature test chambers
- thermal shock test chambers
- altitude test chambers
Based on Modularity type:
- Benchtop
- walk-In
- portable
Based on End User:
- pharmaceutical and biomedical
- food and Beverage
- electronics, construction
- other end use
Based on Region:
- North America
- Latin America
- Europe
- Japan
- APEJ
- Middle East & Africa (MEA)
Report Preview: https://www.futuremarketinsights.com/reports/stability-test-chamber-market
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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