Advanced Technological Improvements in Commercial Greenhouse Market – Exclusive Report by Mordor Intelligence

Advanced Technological Improvements in Commercial Greenhouse Market - Exclusive Report by Mordor Intelligence
Mordor Intelligence
The top 3 players in the commercial greenhouse market include Richel Group, Rough Brothers Inc., and International Greenhouse Company. Along with innovations and expansions, investments in R&D and developing novel product portfolios are likely to be crucial strategies during the forecast period. Major players like LumiGrow, Nexus Corporation, Certhon, and Greentech Agro are making new strategies to enter the market.

Commercial Greenhouse Market Overview

The commercial greenhouse market is projected to register a CAGR of 6.2% during the forecast period (2021-2026). Europe has been the first to implement advanced techniques in the greenhouse, particularly in countries, such as Italy, Spain, and the Netherlands, where large areas are under greenhouse cultivation.

The adoption of advanced technology in agriculture has improved the approaches that farmers use in the farmland. Modern agriculture has made it easy for farmers to achieve high produces while making efficient utilization of resources. The fluctuations in the climatic conditions around the world are pushing the farmers toward employing greenhouse farming techniques, resulting in the growth of the market. The needs of the rising population, increasing food demand, the necessity to increase crop yields, and an increase in productivity are the factors driving the commercial greenhouse market.

Download free sample here – Commercial Greenhouse Market

Commercial Greenhouse Market – Geographical Overview 

Europe dominates the largest share in greenhouse installment

Europe and North America hold significant market shares, while the fastest growth can be observed in the Asia-Pacific region. Europe is the largest player because of urbanization, rapid technological advancements, and the high demand for fruits and vegetables. Agricultural cropland is anticipated to suffer a setback with the declining area under arable land in the region. According to the FAO, in Germany, the arable land came down steadily from 13.2 million hectares in 2014 to 9.9 million hectares in 2018. Over the period of 2014-18, a sharp decline of nearly 25% had been observed in the country.

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Key Highlights of the Commercial Greenhouse Market

  • The global commercial greenhouse market is highly fragmented, with the presence of numerous large, small, and medium-sized manufacturers. The top 3 players in the market include Richel Group, Rough Brothers Inc., and International Greenhouse Company.
  • The rapid population growth with shrinkable land, particularly in countries, such as China and India, is anticipated to drive the greenhouse market in the Asia-Pacific region during the forecast period. Therefore, the need to maximize the crop yield in the available land to meet the increasing food demand is propelling the commercial greenhouse farming market.

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List of Key Players in the Commercial Greenhouse Market

  • Richel Group
  • Argus Control Systems Ltd
  • Rough Brothers Inc.
  • Certhon
  • Logiqs BV
  • Lumigrow Inc.
  • Nexus Corporation
  • International Greenhouse Company
  • Heliospectra AB
  • Agra Tech Inc.

*List Not Exhaustive 

Mordor Intelligence has segmented the global commercial greenhouse market on the basis of equipment type, crop type, greenhouse type, and geography:

  • Equipment Type (Market Size & Forecast based on Revenue (USD million), 2016-2026)
    • Heating Systems
    • Cooling Systems
    • Other Equipment Types
  • Crop Type (Market Size & Forecast based on Revenue (USD million), 2016-2026)
    • Fruits and Vegetables
    • Flowers and Ornamentals
    • Nursery Crops
    • Other Crop Types
  • Greenhouse Type (Market Size & Forecast based on Revenue (USD million), 2016-2026)
    • Glass Greenhouses
    • Plastic Greenhouse
  • Geography (Market Size & Forecast based on Revenues (USD million), 2016-2026)
    • Asia-Pacific
      • China
      • India
      • Rest of Asia-Pacific
    • North America
      • United States
      • Canada
      • Mexico
      • Rest of North America
    • Europe
      • Germany
      • United Kingdom
      • Spain
      • Russia
      • France
      • Rest of Europe
    • South America
      • Brazil
      • Argentina
      • Rest of South America
    • Middle-East and Africa
      • Egypt
      • South Africa
      • Rest of Middle-East and Africa

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