Industry Background:
A commercial greenhouse is capable in offering controlled environment solutions for commercial production of vegetables, flower, fruits and fish nursling. The viable option before the commercial growers to upsurge further the production levels per unit area is by increasing vertical growth and productivity; this is possible by intensive cultivation in protected environments which will confirm higher productivity levels. The commercial greenhouses with the environment inside maintained for the optimum growth of the crops. The essential components are temperature, light, humidity, and air movement.
According to AMA Research, the market for Commercial Greenhouse is expected to register a CAGR of 4.8% during the forecast period to 2028. This growth is primarily driven by Rising Population Leading To Surge In Demand for Food Production
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Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Volume Unit | N |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Agricultural Products sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Agra Tech, Inc. (United States), Argus Control Systems Ltd. (Canada), Certhon (Netherlands), Dutchgreenhouses (Netherlands), Heliospectra Ab (Sweden), Keder Greenhouse (United Kingdom), Logiqs B.V. (Netherlands), Lumigrow Inc. (United States), Nexus Corporation (United States) and Richel Group (France), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On 18th October 2021, Pipp Horticulture acquired the GGS group of companies. The expertise of GGS in designing, manufacturing, and installing commercial greenhouse structures, combined with Pipp’s state-of-the-art vertical farming and space optimization solutions, allow the company to offer North American growers a complete and efficient solution.
On May 28, 2019 - Heliospectra AB, a world leader in intelligent lighting technology for greenhouse and controlled plant growth environments, announces a new introduction to the company’s expanding product portfolio.Global Commercial Greenhouse is a fragmented market due to the presence of various players. The players are focusing on investing more in Launching Products. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Influencing Trend:
The advent of Rooftop Greenhouses
Market Growth Drivers:
Rising Population Leading To Surge In Demand for Food Production and High Yield Compared To Traditional Agricultural Techniques
Challenges:
A dearth of Awareness and Adoption of Greenhouse Farming
Restraints:
High Investment Cost
Opportunities:
Government Initiatives Related to Greenhouse Adoption
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Commercial Greenhouse Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Commercial Greenhouse Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Commercial Greenhouse players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Commercial Greenhouse Study Sheds Light on
The Commercial Greenhouse Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Commercial Greenhouse industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Commercial Greenhouse industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.