About Greenhouse Equipments
Greenhouse equipment includes greenhouse kits, greenhouse packages, and greenhouse accessories. Also, greenhouse glazing, greenhouse lights, greenhouse heaters to keep plants warm, shade cloth to protect your plants from the hot sun, as well as greenhouse anchors for peace of mind stability. Rising demand for indoor farming and government support for greenhouse technology will act as the key driver of the global greenhouse equipment market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | Asia- Pacific |
Unit | Value (USD Million) |
The market is fragmented with numerous players focusing on technique and quality of the product due to which the global greenhouse equipment’s market can witness an upsurge in the forecast period. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Greenhouse Equipments market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
FarmTek (United States), Rough Brothers Inc. (United States), GGS (United States), IGC (United Kingdom), NGMA (United States), Atlas (United States), Beijing Kingpeng International (China), Siebring (United States), Rimol Greenhouse (United States) and Agroponic Industries Ltd. (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Cropking (United States) and Stuppy Inc. (United States).
Segmentation Overview
AMA Research has segmented the market of Global Greenhouse Equipments market by Type (Heating Systems, Cooling Systems and Others), Application (Fruits & Vegetables, Flowers & Ornamental, Nursery Crops and Others) and Region.
On the basis of geography, the market of Greenhouse Equipments has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2023. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Greenhouse Equipments market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technology Advancement in Greenhouse Equipment’s and Favorable Government Regulations and Incentives Pertaining to Smart Greenhouse Affects High Demand of Equipment’s
Market Growth Drivers:
Growing Trend of Indoor Farming and Upsurge of Vertical Cultivation in Urban Regions and The Developing Awareness Among Purchasers
Restraints:
Rising Concern Associated with Greenhouse Equipment’s
Opportunities:
Huge Demand of Greenhouse Equipment from Emerging Economics Such As China and India and Introduction of Vertical Farming Technology in Urban Areas
Market Leaders and their expansionary development strategies
In August 2023, DENSO Corporation has announced that it has acquired the full stake in Certhon Group, a Dutch horticultural facility operator, with the aim of accelerating the global expansion of its agricultural production business.
In January 2024, The Cornell University Greenhouse Lighting and Systems Engineering (GLASE) consortium will deliver their latest virtual short course with a focus on three interactive greenhouse systems. Experts from academia and industry will share how growers can select and operate greenhouse coverings, climate screens, and supplemental horticultural lighting.
Key Target Audience
Greenhouse Equipment Manufactures, Suppliers and Distributors, Industry Association related with greenhouse Equipment’s, Government Regulatory Bodies, Government Research Organization’s, Private Research Organization’s and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.