High-Tech Commercial Greenhouse Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Type (Plastic, Glass), By Component (Heating And Cooling Systems), By Application (Fruits And Vegetables, Flowers And Ornamentals, Nursery Crops) And By Geography - Forecasts From 2019 To 2024
- Published : Apr 2021
- Report Code : KSI061612620
- Pages : 120
The high-tech commercial greenhouse market is projected to grow at a CAGR of 8.26% to reach US$18.987 billion by 2024. High-tech commercial greenhouses offer superior crop and environmental performance and enormous opportunities for economic and environmental stability. Although these greenhouses are capital intensive they offer a highly productive and an opportunity for the advanced fresh produce industry. Increasing adoption of high-tech commercial in harsh climatic condition and rising automation in the greenhouse industry is expected to be prime drivers for the growth of the market for high-tech commercial greenhouse during the forecast period. In addition, increasing government support with the aim of increasing productivity is further expected to propel the market growth opportunities for vendors and manufacturers of high-tech commercial greenhouse components in the coming years. Geographically, the European region is expected to hold a significant market share in the market owing to the early adoption of technology and extreme weather conditions in many parts of Europe couple with a rising focus towards increasing productivity.
The decrease in arable land per capita.
Unfavorable conditions in traditional agriculture.
Lack of proper management of greenhouse facilities.
In May 2019, a five-hectare high-tech greenhouse was launched in the Akhalsky region of Turkmenistan which will be the country’s first greenhouse equipped with advanced cooling and heating systems.
In May 2019, Israel-based agricultural tech company Roots Sustainable Agricultural Technologies Ltd increased tomato plant yield in Spain using its root zone temperature optimization (RZTO) heating systems.
In January 2019, the Ministry of Agriculture and Forestry and Agricultural Credit Cooperative of Turkey take an initiative on high-tech greenhouses of constructing 2 thousand hectares of greenhouses in 2019 with the aim to prevent high prices in fruits and vegetables and to increase productivity throughout the year.
The major players profiled in the High-tech commercial greenhouse market include Richel Group SA, Argus Control Systems Ltd., Certhon, Agra Tech, Inc., Rough Brothers, Inc., Nexus Corporation, Dalsem, MotorLeaf Inc., and Ecosystems group among others.
High-Tech Commercial Greenhouse Market scope:
|Market size value in 2024||US$18.987 billion|
|Growth Rate||CAGR of 8.26% during the forecast period|
|Forecast Unit (Value)||USD Billion|
|Segments covered||Type, Component, Cooling Systems, Application, And Geography|
|Regions covered||North America, South America, Europe, Middle East and Africa, Asia Pacific|
|Companies covered||Richel Group SA, Argus Control Systems Ltd., Certhon, Agra Tech, Inc., Rough Brothers, Inc., Nexus Corporation, Dalsem, Ecosystems group, MotorLeaf Inc., J. Huete, SL|
|Customization scope||Free report customization with purchase|
The high-tech commercial greenhouse market has been analyzed through the following segments:
Cooling pad system
Fruits and Vegetables
Flowers and Ornamentals
Middle East and Africa
United Arab Emirates
Frequently Asked Questions (FAQs)
1.1. MARKET OVERVIEW
1.2. MARKET DEFINITION
1.3. SCOPE OF THE STUDY
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. HIGH-TECH COMMERCIAL GREENHOUSE MARKET BY TYPE
6. HIGH-TECH COMMERCIAL GREENHOUSE MARKET BY COMPONENT
6.1. HEATING SYSTEM
6.2. COOLING SYSTEMS
6.2.2. COOLING PAD SYSTEM
7. HIGH-TECH COMMERCIAL GREENHOUSE MARKET BY APPLICATION
7.1.1. FRUITS AND VEGETABLES
7.1.2. FLOWERS AND ORNAMENTALS
7.1.3. NURSERY CROPS
8. HIGH-TECH COMMERCIAL GREENHOUSE MARKET BY GEOGRAPHY
8.1. NORTH AMERICA
8.2. SOUTH AMERICA
8.3.3. UNITED KINGDOM
8.4. MIDDLE EAST AND AFRICA
8.4.1. SAUDI ARABIA
8.4.2. UNITED ARAB EMIRATES
8.4.3. SOUTH AFRICA
8.5. ASIA PACIFIC
8.5.3. SOUTH KOREA
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. ARGUS CONTROL SYSTEMS LTD.
10.4. AGRA TECH, INC.
10.5. ROUGH BROTHERS, INC.
10.6. NEXUS CORPORATION
10.8. ECOSYSTEMS GROUP
10.9. MOTORLEAF INC.
10.10. J. HUETE, SL
LIST OF FIGURES
LIST OF TABLES
Richel Group SA
Argus Control Systems Ltd.
Agra Tech, Inc.
Rough Brothers, Inc.
J. Huete, SL
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