Commercial Greenhouse Market Size
The global commercial greenhouse market size was valued at $37.95 billion in 2023 and is projected to reach $63.63 billion by 2029, growing at a CAGR of 9.0% during the forecast period.
Commercial Greenhouse Market Dynamics
• The commercial greenhouse market is expected to witness significant growth in the future due to higher yield compared to traditional methods and challenges of climate change and the rise in the population.
• Additionally, low availability of arable land and changing weather conditions during traditional farming are the prominent factors driving the growth of the commercial greenhouse market demand.
• However, the high initial cost of installation and continuing optimum climate control to grow crops all year round are restraining the market growth.
• On the contrary, rising sustainable farming practices owing to rapid urbanization and growing knowledge about commercial greenhouse technology are creating opportunities for market growth.
Commercial Greenhouse Market Overview
Commercial greenhouse agriculture started by involving soil as the base for all plants because of its simple accessibility and lower beginning foundation costs. Commercial greenhouses offer various sorts of covering materials like glass or plastic rooftops, and as often as possible glass or plastic dividers. This empowers the solid development of nursery plants despite the nearby environment, soil, or environmental challenges. Commercial greenhouses ordinarily produce huge amounts of plants for customers. The reception of nursery cultivating gives more command over the climate where yields develop. On the off chance that makers can deal with the temperature, the water system process, the air moistness, and the light proficiently, they can have a decent yield. It is an arising application with high development potential, which utilizes a few advances, for example, warming frameworks, cooling frameworks, ventilation frameworks, LED development light, correspondence innovation, water system frameworks, and control frameworks, among others.
By Equipment, the Heating Systems Segment is projected to be the largest Segment in the Commercial Greenhouse Market
The Heating systems segment is estimated to witness a significant growth rate in the foreseeable future. Heating systems are considered one of the vital conditions for the effective product of plants in commercial greenhouses. A system that gives constant temperature control and doesn't discharge any dangerous material contributes to the growth of the plants. A heating system is a process for maintaining the temperature at the asked position. These systems can be centrally controlled or distributed. Frequently, glasshouses use radiant hot water heating systems for internal heating during cold rainfall conditions. These heating systems use mixing faucets to control the temperature of heating pipes as they can effectively regulate the temperature of heating pipes by inflow control.
By Geography, North America Region Holds the Dominant Position in the Market Revenue
North America is projected to be the largest segment in the commercial greenhouse market. North American farmers formerly used traditional ways to produce a controlled terrain within glasshouses. These ways included insulated glasshouses, the use of hot water pipeline systems to increase the temperature in glasshouses, and conventional lighting technologies similar to high-pressure sodium (HPS) lights and essence-halide (MH) lights. In the last decade, commercial greenhouse farmers in North America gradationally began switching to robotization technologies to enable factory growth over time. Commercial greenhouse technologies are getting increasingly popular in civic areas to grease the force of fresh vegetables to grocery stores.
Some of the Key Players Profiled in the Report Include:
• Agra Tech, Inc
• Argus Control Systems Ltd
• Certhon
• Heliospectra AB
• Hort Americas, LLC
• Logiqs B.V
• Lumigrow, Inc
• Nexus Corporation
• Richel Group SA
• Rough Brothers, Inc
What Can be Explored with this Research Report:
• Understand the key trends that will drive the market and the challenges it faces in the current market scenario.
• Identify growth opportunities.
• Porter’s five force analysis.
• In-depth analysis of market segments, and regions/countries predicted to observe promising growth.
• Historical and forecast size of the market in terms of revenue (USD Million).
• Company profiling with key products and solution offerings, key financial information, SWOT analysis, and business strategies adopted.
Market Segmentation:
The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:
Market by, Type:
• Glass Greenhouse
• Plastic Greenhouse
Market by, Product:
• Cacti
• Flowers & Ornamentals
• Fruits
• Nursery Crops
• Tropical Crops
• Vegetables
Market by, Equipment:
• Cooling Systems
• Heating Systems
• Other Equipment
Market by, Geography:
The Commercial Greenhouse Market report also analyzes the major geographic regions and countries for the market. The regions and countries covered in the study include:
• North America (The United States, Canada, Mexico), Market Estimates, Forecast & Opportunity Analysis
• Europe (Germany, France, UK, Italy, Spain, Rest of Europe), Market Estimates, Forecast & Opportunity Analysis
• Asia Pacific (China, Japan, India, South Korea, Australia, New Zealand, Rest of Asia Pacific), Market Estimates, Forecast & Opportunity Analysis
• South America (Brazil, Argentina, Chile, Rest of South America), Market Estimates, Forecast & Opportunity Analysis
• Middle East & Africa (UAE, Saudi Arabia, Qatar, Iran, South Africa, Rest of Middle East & Africa), Market Estimates, Forecast & Opportunity Analysis
Table Of Content
1 Market Overview
1.1 Introduction
1.2 Research Objectives
1.3 Market Segmentation
1.4 Stakeholders
1.5 List of Acronyms
2 Executive Summary
3 Research Methodology
3.1 Identification of Data
3.2 Evaluation of Market Dynamics
3.3 Collaboration of Data
3.4 Verification and Analysis
3.5 Data Sources
3.6 Assumptions
4 Market Dynamics
4.1 Market Drivers
4.1.1 Higher Yield compared to Traditional Methods
4.1.2 Challenges of Climate Change and Rise in the Population
4.2 Market Restraints
4.2.1 High Initial Cost of Installation
4.3 Market Opportunities
4.3.1 Rising Sustainable Farming Practices owing to Rapid Urbanization
4.4 Market Challenges
4.4.1 Continuing Optimum Climate Control to Grow Crops through-out Year
4.5 Impact of COVID-19 on Commercial Greenhouse Market
5 Porter's Five Force Analysis
5.1 Bargaining Power of Suppliers
5.2 Bargaining Power of Buyers
5.3 Threat of New Entrants
5.4 Threat of Substitutes
5.5 Competitive Rivalry in the Market
6 Global Commercial Greenhouse Market by, Type
6.1 Overview
6.2 Glass Greenhouse
6.3 Plastic Greenhouse
7 Global Commercial Greenhouse Market by, Product
7.1 Overview
7.2 Cacti
7.3 Flowers & Ornamentals
7.4 Fruits
7.5 Nursery Crops
7.6 Tropical Crops
7.7 Vegetables
8 Global Commercial Greenhouse Market by, Equipment
8.1 Overview
8.2 Cooling Systems
8.3 Heating Systems
8.4 Other Equipments
8.4.1 Communication Technology
8.4.2 Control Systems
8.4.3 Irrigation Systems
8.4.4 LED Grow Lights
8.4.5 Ventilation
9 Global Commercial Greenhouse Market by, Geography
9.1 Overview
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 France
9.3.3 UK
9.3.4 Italy
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 China
9.4.2 Japan
9.4.3 India
9.4.4 South Korea
9.4.5 Australia
9.4.6 New Zealand
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Brazil
9.5.2 Argentina
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 UAE
9.6.2 Saudi Arabia
9.6.3 Qatar
9.6.4 Iran
9.6.5 South Africa
9.6.6 Rest of Middle East & Africa
10 Key Developments
11 Company Profiling
11.1 Agra Tech, Inc
11.1.1 Business Overview
11.1.2 Product/Service Offering
11.1.3 Financial Overview
11.1.4 SWOT Analysis
11.1.5 Key Activities
11.2 Argus Control Systems Ltd
11.3 Certhon
11.4 Heliospectra AB
11.5 Hort Americas, LLC
11.6 Logiqs B.V
11.7 Lumigrow, Inc
11.8 Nexus Corporation
11.9 Richel Group SA
11.10 Rough Brothers, Inc
Report Details
SKU Code | : DI2130 |
Industry | : Agriculture |
Region | : Global |
Tables | : 114 |
Format | : Electronic PDF |
Published | : 2023 |
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