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Commercial Greenhouse Market by Equipment, Type, Crop Type, & by Region - Global Trends & Forecasts to 2020

Commercial Greenhouse Market: Forecasts until 2020

  • February 2016
  • 119 pages
  • ID: 3641160
In this report:
Heating systems are expected to exhibit the highest growth amongst all commercial greenhouse equipment and is projected to grow at a CAGR of ##.##% from 2015 to 2020.
In 2014, the market share held by Europe for commercial greenhouses was around ##% and it is expected to grow further at a CAGR of ##.##% from 2015 to 2020.

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"Commercial Greenhouse market forecasted to grow at a compound annual growth rate (CAGR) of 8.80 percent"

The overall commercial greenhouse market is estimated to grow ~$29.6B by 2020. In 2015, Europe (EU) is forecasted to be the biggest market for commercial greenhouse. North America continent is forecasted to be the quickest developing market with the highest compound annual growth rate (CAGR) for commercial greenhouse during the forecast period 2015-2020. The sector is mainly driven by the factors such as higher yields compared to traditional agriculture and the industry demand for rooftop farming.

"Heating Systems recorded for the largest portion of market share in 2015"

Among the equipment used in commercial greenhouse, heating system recorded for the largest part of market share, succeeded by cooling systems, in 2015. Heating systems are considered as one of the vital requirements for the effective production of plants in commercial greenhouses. Greenhouses use radiant hot water heating systems for internal heating during cold weather conditions.

"Glass Greenhouse led the industry with the biggest share"

On the basis of class, the commercial greenhouse market is led by the glass greenhouse segment, succeeded by the plastic greenhouse segment. Glass is preferred for traditional glazing as a result of its permanence and beauty. Nevertheless, glass is one of the least efficient materials for retaining heat due to its high heat transfer rate, as it allows the cold temperature to transfer easily and has poor insulating characteristics.

"Fruits &Vegetables recorded for the maximum market share in 2015"

Among the crop type, fruits & vegetables recorded for the biggest market share, succeeded by flowers & ornamentals, in 2015. Growing population, growing demand for fresh fruits & vegetables, and urbanization are forecast to steer the sector for fruits & vegetables in commercial greenhouses.

The market research validates the market size of segments and subsegments through secondary research and exhaustive primary interviews. Several industry leaders in Tier 1, Tier 2, and Tier 3 were contacted for primary Q&A. The detailed interviews were managed with CEOs, marketing directors, other innovation and technology directors, and executives from numerous main institutions operating in the commercial greenhouse marketplace.

- By Company Type: Tier 1 - 25.0 percent, Tier 2 - 20.0 percent, and 1/3 3 - 55.0 percent

- By Description: C-suite - 25.0 percent and Grade of manager - 75.0 percent

- By area: North america (NA) - 2.0 percent, Europe - 10.0 percent, Asia-Pacific - 83.0 percent, and rest of the world - 5.0 percent

Leading players including Richel Group SA, Argus control systems ltd., Certhon, Logiqs, and Lumigrow have been described in the market research. Other actors contain Keder Greenhouse, Agra Tech, Inc, Hort Americas, Limited liability company, Rough Brothers Inc. and Heliospectra AB.

Why acquiring this study can help you:

- To get a comprehensive overview of the overall commercial greenhouse market

- To benefit wide-ranging information about the top actors in this market, their products review, and top strategies approved

- To benefit business insights into the main countries/localities in which the commercial greenhouse market is prospering

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