A recent report published by Infinium Global Research on commercial greenhouse market provides in-depth analysis of segments and sub-segments in the global as well as regional commercial greenhouse market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional commercial greenhouse market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global commercial greenhouse market. According to the report, the global commercial greenhouse market is projected to grow at a CAGR of 8.6% over the forecast period of 2019-2025.
Commercial greenhouse is high-tech structures for the cultivation of plants, particularly flowers, vegetables, and fruits. Commercial greenhouses are filled with equipment like screening installations, lighting, heating, cooling, and lighting. It is controlled by a computer to adjust conditions for plant growth. Environmental properties such as humidity, temperature, light exposure, and ventilation are precisely controlled for optimal crop growth.
High yield production, improved working conditions inside the greenhouse, extended harvests, energy savings are major benefits offered by commercial greenhouse driving the growth of the global commercial greenhouse market. Additionally, the growing population coupled with increasing demand for food across the globe is another factor is escalating the market growth. Moreover, the growing use of modern greenhouses as the best option to produce fresh vegetables, fruits, and nursery crops to meet current demand and fulfill food needs. This, in turns, propels the growth of the market. Furthermore, government bodies are providing some financial assistance to the greenhouse growers is likely to escalate market growth. However, lack of awareness and high cost associated with a commercial greenhouse is expected to hamper the market growth. Moreover, research and development regarding the new and efficient techniques and the emergence of rooftop farming are some factors providing growth opportunities for the commercial greenhouse market in the near future.
Among the geographies, Europe is dominating the global commercial greenhouse market owing to the presence of leading players and growth in research and development activities. The European countries such as Spain, France and the Netherlands have the largest area under greenhouse cultivation. Additionally, a government institution in the Canada region are supporting commercial growers in terms of funding contribute to the growth of Europe commercial greenhouse market. On the other hand, rapid growth in population along with increased food demand in developing economies such as China, India, and Japan have a positive impact on the growth of commercial greenhouse market in the Asia-Pacific region.
The report on global commercial greenhouse market covers segments such as type, equipment, and crop type. On the basis of type, the sub-markets include plastic, glass, and other types. On the basis of equipment, the sub-markets include heating systems, cooling systems, and other equipment’s. On the basis of crop type, the sub-markets include fruits & vegetables, flowers & ornamentals, nursery crops, and other crop types.
The report provides profiles of the companies in the market such as Heliospectra, Nexus Corporation, Rough Brothers Inc, Agra Tech Inc, LumiGrow, Inc., Logiqs B.V., Certhon - Greenhouse Solutions, Argus Control Systems Ltd., Richel Group SA, and Other Companies.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of commercial greenhouse market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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