Medium-Tech Commercial Greenhouse Market Size, Share, Opportunities, COVID 19 Impact, And Trends By Type (Plastic, Glass), By Component (Heaters, Cooling Pads, Thermostats, Exhaust Fans, Others), By Application (Fruits And Vegetables, Flowers And Ornamentals, Nursery Crops) And By Geography - Forecasts From 2019 To 2024

  • Published : Apr 2021
  • Report Code : KSI061614733
  • Pages : 111

The medium-tech commercial greenhouse market is projected to grow at a CAGR of 5.55% to reach US$5.380 billion by 2024. Medium-tech commercial greenhouses offer a blend of performance and cost-effectiveness as they are cheaper than high-tech commercial greenhouses and at the same time offer better performance than low-tech commercial greenhouses. The market growth of these commercial greenhouses is majorly attributed to their increasing adoption across dry and composite climate zones. The moderate budget of many farmers, coupled with increasing pressure to increase their yield while maintaining good quality, is pushing them towards adopting some technologies for their greenhouses. As medium-tech commercial greenhouses are not very technology-intensive yet offer the benefits of using technology, their adoption is expected to continue increasing over the projected period, thus boosting the growth of the market.

Geographically, the Asia Pacific region is expected to hold a significantly large share in this market on account of the moderate budget of farmers and increasing pressure on them to increase their yield.

DRIVERS
Shrinking arable land across the globe.
The high cost of high-tech commercial greenhouses.

RESTRAINTS
Low affordability among farmers in many underdeveloped economies

The major players profiled in the Medium-tech commercial greenhouse market include Richel Group SA, Agra Tech Inc., Gibraltar Industries, and Argus Control System Ltd.

Medium-Tech Commercial Greenhouse Market Scope:

Report Metric Details
 Market size value in 2024  US$5.380 billion
 Growth Rate  CAGR of 5.55% during the forecast period
 Base year  2018
 Forecast period  2019–2024
 Forecast Unit (Value)  USD Billion
 Segments covered  Type, Component, Application, And Geography
 Regions covered  North America, South America, Europe, Middle East and Africa, Asia Pacific
 Companies covered  Richel Group SA, Agra Tech Inc., Gibraltar Industries, Argus Control System Ltd.
 Customization scope  Free report customization with purchase

 

Segmentation

The medium-tech commercial greenhouse market has been analyzed through the following segments:

By Type
Plastic
Glass

By Component
Heaters
Cooling Pads
Thermostats
Exhaust Fans
Others

By Application
Fruits and vegetables
Flowers and ornamentals
Nursery crops

By Geography
North America
USA
Canada
Mexico

South America
Brazil
Argentina
Others

Europe
Germany
France
United Kingdom
Spain
Others

Middle East and Africa
United Arab Emirates
Saudi Arabia
South Africa
Others

Asia Pacific
China
Japan
South Korea
India
Others


Frequently Asked Questions (FAQs)

Q1. What are the growth prospects for medium-tech commercial greenhouse market?
A1. The medium-tech commercial greenhouse market is projected to grow at a CAGR of 5.55% during the forecast period.
 
Q2. Which region holds the largest market share in the medium-tech commercial greenhouse market?
A2. Geographically, the Asia Pacific region is expected to hold a significantly large share in this market on account of the moderate budget of farmers and increasing pressure on them to increase their yield.
 
Q3. What will be the medium-tech commercial greenhouse market size by 2024?
A3. The global medium-tech commercial greenhouse market is projected to reach a total market size of US$5.380 billion by 2025.
 
Q4. Who are the major players in the firewall as a service market?
A4. The major players profiled in the Medium-tech commercial greenhouse market include Richel Group SA, Agra Tech Inc., Gibraltar Industries, and Argus Control System Ltd.
 
Q5. What factors are anticipated to drive the medium-tech commercial greenhouse market growth?
A5. The market growth of these commercial greenhouses is majorly attributed to their increasing adoption across dry and composite climate zones.

1. INTRODUCTION
1.1. MARKET OVERVIEW
1.2. MARKET DEFINITION
1.3. SCOPE OF THE STUDY
1.4. CURRENCY
1.5. ASSUMPTIONS
1.6. BASE, AND FORECAST YEARS TIMELINE
2. RESEARCH METHODOLOGY
2.1. RESEARCH DESIGN
2.2. SECONDARY SOURCES
3. KEY FINDINGS
4. MARKET DYNAMICS
4.1. MARKET SEGMENTATION
4.2. MARKET DRIVERS
4.3. MARKET RESTRAINTS
4.4. MARKET OPPORTUNITIES
4.5. PORTER'S FIVE FORCES ANALYSIS
4.5.1. BARGAINING POWER OF SUPPLIERS
4.5.2. BARGAINING POWER OF BUYERS
4.5.3. THREAT OF NEW ENTRANTS
4.5.4. THREAT OF SUBSTITUTES
4.5.5. COMPETITIVE RIVALRY IN THE INDUSTRY
4.6. LIFE CYCLE ANALYSIS - REGIONAL SNAPSHOT
4.7. MARKET ATTRACTIVENESS
5. MEDIUM-TECH COMMERCIAL GREENHOUSE MARKET BY TYPE
5.1. PLASTIC
5.2. GLASS
6. MEDIUM-TECH COMMERCIAL GREENHOUSE MARKET BY COMPONENT
6.1.1. Heaters
6.1.2. Cooling Pads
6.1.3. Thermostats
6.1.4. Exhaust Fans
6.1.5. Others
7. MEDIUM-TECH COMMERCIAL GREENHOUSE MARKET BY APPLICATION
7.1.1. FRUITS AND VEGETABLES
7.1.2. FLOWERS AND ORNAMENTALS
7.1.3. NURSERY CROPS
8. MEDIUM-TECH COMMERCIAL GREENHOUSE MARKET BY GEOGRAPHY
8.1. NORTH AMERICA
8.1.1. USA
8.1.2. CANADA
8.1.3. MEXICO
8.2. SOUTH AMERICA
8.2.1. BRAZIL
8.2.2. ARGENTINA
8.2.3. OTHERS
8.3. EUROPE
8.3.1. GERMANY
8.3.2. FRANCE
8.3.3. UNITED KINGDOM
8.3.4. SPAIN
8.3.5. OTHERS
8.4. MIDDLE EAST AND AFRICA
8.4.1. SAUDI ARABIA
8.4.2. UNITED ARAB EMIRATES
8.4.3. SOUTH AFRICA
8.4.4. OTHERS
8.5. ASIA PACIFIC
8.5.1. CHINA
8.5.2. JAPAN
8.5.3. SOUTH KOREA
8.5.4. INDIA
8.5.5. OTHERS
9. COMPETITIVE INTELLIGENCE
9.1. Competitive Benchmarking and Analysis
9.2. RECENT Investments AND DEALS
9.3. STRATEGIES OF KEY PLAYERS
10. COMPANY PROFILES
10.1. RICHEL GROUP SA
10.2. AGRA TECH INC.
10.3. GIBRALTAR INDUSTRIES
10.4. ARGUS CONTROL SYSTEM LTD.
*LIST IS NOT EXHAUSTIVE
LIST OF FIGURES
LIST OF TABLES


Richel Group SA
Agra Tech Inc.
Gibraltar Industries
Argus Control System Ltd.
*List Is Not Exhaustive