Medium-Tech Commercial Greenhouse Market - Forecasts from 2019 to 2024
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 benefits of using technology, their adoption is expected to continue increasing over the projected period, thus boosting the growth of the market.
Geographically, 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.
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
Geographically, 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.
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
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
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