Commercial Greenhouse Market: Market Segments: By Type (Glass greenhouse and Plastic greenhouse); By Equipment (Heating system, Cooling systems and others); By Crop Type (Flowers & Ornamentals, Nursery Crops, Fruits & Vegetables and Others); and Region – Global Analysis of Market Size, Share & Trends for 2014 – 2020 and Forecasts to 2030
Product Overview
Greenhouse is a building system built for the protection against excessive heat and cold of out-of-season or tender plants. A commercial greenhouse is a framed structure enclosed in glass or plastic that is used for the production of vegetables, fruits, flowers and any other plants requiring specific conditions of temperature or growth.
Market Highlights
Commercial Greenhouse Market is expected to project a notable CAGR of 11.7% in 2030.
Commercial Greenhouse Market to surpass USD 52.9 billion by 2030 from USD 28.6 billion in 2019 at a CAGR of 11.7% throughout the forecast period, i.e., 2020-30. Market growth can be attributed to increasing food demand due to a growing population and to climate change, which affects crop yields.
Commercial Greenhouse Market: Segments
Plastic greenhouses segment to grow with the highest CAGR of 4.1% during 2020-30
Commercial Greenhouse Market is segmented by type as Glass greenhouse, Plastic greenhouse. Based on type Glass greenhouse segment is the largest segment with market share of XX.X in 2019 of the market for Commercial Greenhouse. The segment of plastic greenhouses is expected to expand at a higher rate than that of glass greenhouses. In industrial greenhouses, plastic used is produced in a way that makes it more durable than normal plastic. This plastic, specially made, can withstand tearing and can withstand severe weather conditions.
Commercial Greenhouse Market: Market Dynamics
Drivers
Higher yield than traditional methods
Adoption of greenhouse farming gives more control over the environment where crops grow. If producers can manage the temperature, the irrigation process, the air humidity, and the light efficiently, they can have a good yield. By having that much control over the growth of crops, farmers keep them healthier and can predict how much they are going to harvest.
Restrain
High Capital Expenditure
In order to grow appropriately, greenhouse crops need specific environmental conditions. The monitoring of optimum air quality, temperature and relative humidity is therefore important. To grow, they need optimum light and water quality. The nutrition levels at the disposal of the plants should be continuously controlled and gradually modified to the correct levels, depending on the need for the growth stage of each crop.
Commercial Greenhouse Market: Key Players
• Dutch Greenhouses
Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence and SWOT Analysis.
• Richel Group SA
• Heliospectra AB
• Argus Control Systems Ltd.
• Hort Americas LLC
• Certhon
• Nexus Corporation
• Logiqs BV
• Rough Brothers Inc.
• Agra Tech Inc.
• Lumigrow Inc
Commercial Greenhouse Market: Regions
Commercial Greenhouse Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, APAC and MENA.
Commercial Greenhouse Market in Asia Pacific held the largest market share of XX.X% in the year 2018 and is anticipated to continue its dominance over the forecast period. North American growers formerly used traditional techniques to create a controlled environment within greenhouses. These techniques included insulated greenhouses, use of hot water piping systems to increase the temperature in greenhouses, and conventional lighting technologies such as high-pressure sodium (HPS) lamps and metal-halide (MH) lamps. In the last decade, commercial greenhouse growers in North America gradually began switching to automation technologies to enable plant growth throughout the year. Commercial greenhouse technologies are becoming increasingly popular in urban areas to facilitate supply of fresh vegetables to grocery stores.
Commercial Greenhouse Market report also contains analysis on:
Commercial Greenhouse Market Segments:
By Type:
• Glass greenhouse
• Plastic greenhouse
By Equipment:
• Heating system
• Cooling systems
• Others
By Crop Type:
• Flowers & Ornamentals
• Nursery Crops
• Fruits & Vegetables
• Others
• Commercial Greenhouse Market Dynamics
• Commercial Greenhouse Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies Involved in the Market
• Value Chain of the Market
• Market Drivers and Restraints
FAQs on Commercial Greenhouse Market
· Which segment is anticipated to hold the largest market share
· At what CAGR is the market anticipated to grow between 2020 and 2030
· Who are the key players in the Commercial Greenhouse Market
· What could be the challenging factors in the growth of Commercial Greenhouse Market
· What are the growth drivers for the Commercial Greenhouse Market
Contents
1. Executive Summary
2. Commercial Greenhouse Market
2.1. Product Overview
2.2. Market Definition
2.3. Segmentation
2.4. Assumptions and Acronyms
3. Research Methodology
3.1. Research Objectives
3.2. Primary Research
3.3. Secondary Research
3.4. Forecast Model
3.5. Market Size Estimation
4. Average Pricing Analysis
5. Macro-Economic Indicators
6. Market Dynamics
6.1. Growth Drivers
6.2. Restraints
6.3. Opportunity
6.4. Trends
7. Correlation & Regression Analysis
7.1. Correlation Matrix
7.2. Regression Matrix
8. Recent Development, Policies & Regulatory Landscape
9. Risk Analysis
9.1. Demand Risk Analysis
9.2. Supply Risk Analysis
10. Commercial Greenhouse Analysis
10.1. Porters Five Forces
10.1.1. Threat of New Entrants
10.1.2. Bargaining Power of Suppliers
10.1.3. Threat of Substitutes
10.1.4. Rivalry
10.2. PEST Analysis
10.2.1. Political
10.2.2. Economic
10.2.3. Social
10.2.4. Technological
11. Commercial Greenhouse Market
11.1. Market Size & forecast, 2019A-2030F
11.1.1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.1.2. By Volume (Million Units) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12. Commercial Greenhouse: Market Segmentation
12.1. By Regions
12.1.1. North America:
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.1.2. Europe:
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.1.3. Asia-Pacific:
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.1.4. MEA:
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.1.5. Latin America:
• By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.2. By Type: Market Share (2020-2030F)
12.2.1. Glass greenhouse, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.2.2. Plastic greenhouse, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.3 By Equipment: Market Share (2020-2030F)
12.3.1. Cooling systems, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.3.2. Heating systems, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.3.3. Others, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.4 By Crop Type: Market Share (2020-2030F)
12.4.1. Flowers & Ornamentals, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.4.2. Nursery Crops, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.4.3. Fruits & Vegetables, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.4.4. Others, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
13. Company Profile
13.1.1. Dutch Greenhouses
13.1.2. Company Overview
13.1.3. Company Total Revenue (Financials)
13.1.4. Market Potential
13.1.5. Global Presence
13.1.6. Key Performance Indicators
13.1.7. SWOT Analysis
13.1.8. Product Launch
13.2. Richel Group SA
13.3. Heliospectra AB
13.4. Argus Control Systems Ltd.
13.5. Hort Americas LLC
13.6. Certhon
13.7. Nexus Corporation
13.8. Logiqs BV
13.9. Rough Brothers Inc.
13.10. Agra Tech Inc.
13.11. Lumigrow Inc.
14 Consultant Recommendation
**The above given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
Historical Data (2015-2019) |
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Influencing Factors |
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Market Forecast (2021-2026) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
Market Size |
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Market Position of Top Company |
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Qualitative Analysis |
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
Primary Sources | Parameters | Key Data |
Market Segments(by Application, by Type) |
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Total Market |
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