Global Commercial Greenhouse Market Insights and Forecast to 2028

SKU ID : QYR- 19969652

No. of pages : 113

Publishing Date : 18-Jan-2022

Greenhouses are places for growing plants in a controlled environment. Europe has traditionally been at the forefront of implementing advanced techniques in the commercial greenhouse market. Countries such as The Netherlands, Spain, and France have large areas under greenhouse cultivation. The increasing population and demand for food in developing regions such as Asia-Pacific are boosting the growth of this market. The increasing trend of rooftop farming and the rising population are the two major drivers for the market. However, the high cost of commercial greenhouses, especially technologies such as LED grow light and HVAC systems, is a restraint for the commercial greenhouse market.
Market Analysis and Insights: Global Commercial Greenhouse Market
Due to the COVID-19 pandemic, the global Commercial Greenhouse market size is estimated to be worth US$ 22980 million in 2022 and is forecast to a readjusted size of US$ 30770 million by 2028 with a CAGR of 5.0% during the review period. Fully considering the economic change by this health crisis, Glass Greenhouse accounting for % of the Commercial Greenhouse global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Commmercial segment is altered to an % CAGR throughout this forecast period.
Temperature is one of the most important parameters for plant photosynthesis. Due to this, a commercial greenhouse needs to be equipped with technologies for maintaining the ideal temperature required for photosynthesis. Thus, heating and cooling systems together constituted nearly 51% of the overall commercial greenhouse market in 2014. However, they are far more superior to the conventional greenhouses or traditional farming in terms of providing the desired light spectrum at all stages of plant growth, are energy-efficient, and offer longer operating life. These features are encouraging growers to adopt LED grow lights.
In terms of production side, this report researches the Commercial Greenhouse capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Commercial Greenhouse by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Commercial Greenhouse Scope and Segment
Commercial Greenhouse market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Commercial Greenhouse market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Glass Greenhouse
Plastic Greenhouse
Others
Segment by Application
Commmercial
Farm
Others
By Company
Richel Group SA
Argus Control Systems Ltd.
Certhon
Logiqs B.V.
Lumigrow
Agra Tech, Inc
Rough BrOthers
Nexus Corporation
Hort Americas, LLc
Heliospectra AB
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

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