Greenhouse Heaters Market Size Is Estimated To Reach $3.2 Billion By 2031, Growing At A CAGR Of 5.9% From 2022 To 2031

The global greenhouse heaters market is witnessing a huge demand in Europe, followed by Asia-Pacific and North America. The high share of the Asia-Pacific market is due to rising greenhouse agriculture practices and increase in demand in the greenhouse heaters business.

In an era of global environmental problems such as climate change, increase in population, and natural resource degradation, including soil degradation and biodiversity loss, sustainable food production is one of the major challenges of the twenty-first century.

Climate change is one of the most serious threats to agricultural systems. Greenhouse heaters are used to provide a comfortable environment for plants as well as to extend their lives in cold weather. These heaters are devices that keep plants at a constant temperature without releasing harmful materials. Greenhouse heaters are used in greenhouses to increase crop productivity.

According to a new report published by Allied Market Research, titled, "Greenhouse Heaters Market," The greenhouse heaters market size was valued at $1.8 billion in 2021, and is estimated to reach $3.2 billion by 2031, growing at a CAGR of 5.9% from 2022 to 2031.

Greenhouse heaters are used to provide a comfortable environment for plants and extend their life in cold climates. They are devices that maintain a constant temperature without releasing harmful substances to plants. Greenhouse heaters are used in greenhouses to maximize crop productivity or profit. A greenhouse heater is a heating system that can keep a greenhouse at a constant temperature. Some agricultural seedlings and flowering plants can survive and thrive in all four seasons, provided the greenhouse temperature is kept constant.

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Increased economic activity in developing countries leads to increased demand for energy and consumption, leading to environmental degradation. Such environmental degradation will be rectified as the economies of these countries grow, enabling the introduction of green technologies and green regulations and policies. As a result, by adding layers and expanding the growing space, greenhouse farms can increase overall crop production. Such factors drive the demand for greenhouse heaters market growth.

In both conventional farming and greenhouse farming, large quantities of plants are frequently produced for consumers, but in case of greenhouse farming, farmers have more control over the environment in which their crops are healthier compared to conventional farming. It is only possible due to greenhouse heaters. However, lack of awareness of the product is one of the factors restraining the global greenhouse heaters market's expansion, which is likely to continue over the forecast period.

The outbreak of the COVID-19 pandemic led to a halt in logistic and manufacturing activities across the globe, which, in turn, led to an interruption of the supply chain, thereby hindering the growth of the greenhouse heaters market. However, this situation is expected to improve as governments are relaxing norms around the world for resuming business activities.

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The recent greenhouse heaters market trends are organized shelters and favorable government policies will benefit the global market for greenhouse heaters. Due to the rising demand for commercial greenhouses, premium greenhouses will likely also be in high demand. As This business appears to have a bright future, as people's preferences and priorities shift in favor of environmental protection. The players in this market can take advantage of these opportunities. Such instances positively supports greenhouse heaters market forecast growth.

The global greenhouse heater market is segmented into heater type, application, greenhouse size, and region. On the basis of heater type, the market is divided into electric heaters, gas heaters and paraffin heaters. Depending on application, it is classified into glass greenhouse and plastic greenhouse. By greenhouse size, it is segregated into small greenhouse, medium greenhouse and large greenhouses. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

COMPETITION ANALYSIS

The major players profiled in the greenhouse heaters market analysis include Agra Tech Inc., Inc., Biogreen Biotech GmbH, Heliospectra AB, Hort Americas, Hotbox International, International Greenhouse Company, King Electrical Mfg. Co.. CO., L.B. The White Company, Roberts Gordon and SIEBRING MANUFACTURING, INC.

KEY FINDINGS OF THE STUDY

• The report provides an extensive analysis of the current and emerging global greenhouse heaters market trends and dynamics.

• By type, the electric heaters segment was the largest revenue generator in 2021.

• By application, the plastic greenhouse segment generated the highest revenue in 2021.

• By size, the large segment generated the highest revenue in 2021.

• Region-wise, Europe is anticipated to dominate the global greenhouse heaters market share throughout the study period.

• The report provides an extensive analysis of the global greenhouse heaters market trends and emerging opportunities of the market.

• The global greenhouse heaters market forecast analysis from 2022 to 2031 is included in the report.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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