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Global Commercial Greenhouse Market - Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2016 and Forecast 2017-2024
Global Commercial Greenhouse Market
Market Outline: Commercial Greenhouse Market
Commercial greenhouse is a structure made chiefly with roof and walls by using transparent material such as glass, where plant requiring climatic conditions are developed. The size is varied from small shed to industrial-sized buildings. Majority of these greenhouses have high technology production facilities for flowers and vegetables. These are filled with equipment such as heating, cooling, screening installations, and lighting among others. Commercial greenhouses provide better yield compared to traditional agriculture methods.
Market Dynamics: Commercial Greenhouse Market
Increase in the demand for food consumption, decrease in arable land due to increase in population, sudden changes in environmental conditions, and rise in demand for vertical or rooftop farming are anticipated to fuel the commercial greenhouse market. Moreover, higher yield of products compared to traditional agriculture, rapid urbanization, and technological advancements are propel the commercial greenhouse market over the forecast period. However, high cost of greenhouse set up especially for HVAC systems and LED grow lights, and lack of awareness about commercial greenhouse in undeveloped regions are impede the growth of commercial greenhouse market over the forecast timeframe.
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Market Scope: Commercial Greenhouse Market
Commercial greenhouse market segmented based on greenhouse type, equipment, and crop type
Based on the greenhouse type, commercial greenhouse market segmented into the following:
• Plastic greenhouse
• Glass greenhouse
Based on the equipment, commercial greenhouse market segmented into the following:
• Cooling systems
• Heating systems
• Others
Based on the crop type, commercial greenhouse market segmented into the following:
• Nursery crops
• Flowers & ornamentals
• Fruits & vegetables
• Others
Market Summary: Commercial Greenhouse Market
Commercial greenhouse market is expected to expand at a significant CAGR owing to increase in urbanization coupled with decrease in arable land. Increase in preference for rooftop farming in developed countries, rise in demand for food consumption, and technological advancements in the greenhouse farming are expected to propel the revenue of commercial greenhouse market. Moreover, companies are focused on the acquisitions and mergers, collaborations, and innovative products are the strategies followed by the companies for increasing their revenue in commercial greenhouse market. For instance, in October 2016, Gibralter Industries, Inc. acquired Nexus Corporation for strengthening its position in United States commercial greenhouse market. In addition, in February 2013, Rough Brother Inc. and Golden Pacific Structures have inked an agreement to merge their business under Rough Brother Greenhouse line.
Regional Analysis: Commercial Greenhouse Market
Global commercial greenhouse market segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America commercial greenhouse market is growing due to increase in the preference for rooftop farming, changes in environmental conditions, and innovation of modern technologies in greenhouse equipment. Europe commercial greenhouse market is rising due to adoption of greenhouse automation technologies, rise in R&D activities in Europe. Greenhouse automation, material handling, and lighting, and increase in agriculture production in France, UK, and Germany are witnessed to boost the market. Asia-Pacific commercial greenhouse market has a significant growth attributed to adoption of greenhouse farming techniques, increase in food consumption due to rise in population, and rapid urbanization are fuel the market. Latin America commercial greenhouse market is projected to grow due to sudden changes in environmental condition leads to crop damage, better product yield comparable with traditional agriculture methods, and adoption of newer technologies are increase the revenue of commercial greenhouse market. Middle East and Africa commercial greenhouse market is upsurge due to government support for greenhouse farming. For instance, in August 2017, Taraba state government (Nigeria), launched greenhouse farming and harvesting of exotic vegetables for sale in within and outside Nigeria.
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Competition Assessment: Commercial Greenhouse Market
Key player profiles in the global commercial greenhouse market include:
• Argus control systems ltd. (U.S)
• Lumigrow (U.S.)
• Richel Group SA (France)
• Logiqs (The Netherlands)
• Rough Brothers, Inc. (U.S.)
• Heliospectra AB (Sweden)
• Certhon (U.S.)
• Hort Americas, LLC (U.S.)
• Gibralter Industries (U.S.)
Notable Market Developments: Commercial Greenhouse Market
In October 2017, Rough Brothers, Inc. launched HopsHouse, a greenhouse designed for hopes production
Key Features of the Report:
• The report provides granular level information about the market size, regional market share, historic market (2013-2016) and forecast (2017-2024)
• The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
• The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
• The report tracks recent innovations, key developments and startup’s details that are actively working in the market
• The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
• The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Commercial Greenhouse Market Report Description:
Commercial Greenhouse market report gives a comprehensive outlook of greenhouse farming and adoption across the globe with special emphasis on key regions such as North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa (MEA). This report on commercial greenhouse market gives historical, current, and future market sizes (US$ Mn) of greenhouse type, equipment, crop type, and geographic regions. This report studies commercial greenhouse market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, commercial greenhouse market report covers newer product introductions and competition analysis with vividly illustrated competition dashboard to assess the market competition. Moreover, PBI analyzed commercial greenhouse market to better equip clients with possible investment opportunities across the regions (Regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the commercial greenhouse market report include suppliers, manufacturers, marketers, policy makers engaged in manufacturing and supply of greenhouse and equipment.
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Detailed Report Scope
By Greenhouse Type
• Plastic greenhouse
• Glass greenhouse
Equipment
• Cooling systems
• Heating systems
• Others
Crop type
• Nursery crops
• Flowers & ornamentals
• Fruits & vegetables
• Others
Geography
o North America
• U.S
• Canada
o Europe
• Germany
• France
• U.K
• Italy
• Spain
• Russia
• Poland
• Rest of Europe
o Asia-Pacific
• Japan
• China
• India
• Australia & New Zealand
• ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
• South Korea
• Rest of Asia-Pacific
o Latin America
• Brazil
• Mexico
• Argentina
• Venezuela
• Rest of Latin America
o Middle East and Africa (MEA)
• Gulf Cooperation Council (GCC) Countries
• Israel
• South Africa
• Rest of MEA
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About Precision Business Insights
Precision Business Insights is one of the leading market research and business consulting firm, which follow a holistic approach to solve needs of the clients. We adopt and implement proven research methodologies to achieve better results. We help our clients by providing actionable insights and strategies to make better decisions. We provide consulting, syndicated and customised market research services based on our client needs.
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