High-Tech Commercial Greenhouse Market - Forecasts from 2019 to 2024
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 manufactures of high tech commercial greenhouse components in the coming years. Geographically, Europe region is expected to hold significant market share in the market owing to the early adoption of technology and extreme weather conditions in many parts of the Europe couple with a rising focus towards increasing productivity.
DRIVERS
The decrease in arable land per capita.
Unfavorable conditions in traditional agriculture.
RESTRAINTS
Lack of proper management of greenhouse facilities.
INDUSTRY UPDATE
In May 2019, five-hectare high-tech greenhouse launched in 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, 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.
Segmentation
The high-tech commercial greenhouse market has been analyzed through the following segments:
By Type
Plastic
Glass
By Component
Heating system
Heaters
Valves
Vents
Others
Cooling systems
Fans
Cooling pad system
Lighting
Sensors
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
DRIVERS
The decrease in arable land per capita.
Unfavorable conditions in traditional agriculture.
RESTRAINTS
Lack of proper management of greenhouse facilities.
INDUSTRY UPDATE
In May 2019, five-hectare high-tech greenhouse launched in 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, 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.
Segmentation
The high-tech commercial greenhouse market has been analyzed through the following segments:
By Type
Plastic
Glass
By Component
Heating system
Heaters
Valves
Vents
Others
Cooling systems
Fans
Cooling pad system
Lighting
Sensors
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
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. HIGH-TECH COMMERCIAL GREENHOUSE MARKET BY TYPE
5.1. PLASTIC
5.2. GLASS
6. HIGH-TECH COMMERCIAL GREENHOUSE MARKET BY COMPONENT
6.1. HEATING SYSTEM
6.1.1. HEATERS
6.1.2. VALVES
6.1.3. VENTS
6.1.4. OTHERS
6.2. COOLING SYSTEMS
6.2.1. FANS
6.2.2. COOLING PAD SYSTEM
6.2.3. LIGHTING
6.2.4. SENSORS
6.2.5. OTHERS
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
8.1.1. 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. ARGUS CONTROL SYSTEMS LTD.
10.3. CERTHON
10.4. AGRA TECH, INC.
10.5. ROUGH BROTHERS, INC.
10.6. NEXUS CORPORATION
10.7. DALSEM
10.8. ECOSYSTEMS GROUP
10.9. MOTORLEAF INC.
10.10. J. HUETE, SL
LIST OF FIGURES
LIST OF TABLES
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. HIGH-TECH COMMERCIAL GREENHOUSE MARKET BY TYPE
5.1. PLASTIC
5.2. GLASS
6. HIGH-TECH COMMERCIAL GREENHOUSE MARKET BY COMPONENT
6.1. HEATING SYSTEM
6.1.1. HEATERS
6.1.2. VALVES
6.1.3. VENTS
6.1.4. OTHERS
6.2. COOLING SYSTEMS
6.2.1. FANS
6.2.2. COOLING PAD SYSTEM
6.2.3. LIGHTING
6.2.4. SENSORS
6.2.5. OTHERS
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
8.1.1. 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. ARGUS CONTROL SYSTEMS LTD.
10.3. CERTHON
10.4. AGRA TECH, INC.
10.5. ROUGH BROTHERS, INC.
10.6. NEXUS CORPORATION
10.7. DALSEM
10.8. ECOSYSTEMS GROUP
10.9. MOTORLEAF INC.
10.10. J. HUETE, SL
LIST OF FIGURES
LIST OF TABLES
