A commercial greenhouse is a greenhouse that grows crops that will be sold for commercial consumption. Often commercial greenhouses are high-tech facilities specifically outfitted to grow the intended crops. Commercial greenhouses grow vegetables, flowers, trees, cannabis, and shrubs. Many greenhouses have transparent roofs to allow sunlight to grow the plants. Other greenhouses are in buildings and use special lights to act as the sunlight. A commercial greenhouse has a financial stake in crop production. The greenhouse components and supplies play an important part in the profitability of the operation.
The key factor boosting the growth of the global Commercial Greenhouse market is its ability to provide high yield production as compared to traditional farming techniques. Furthermore, increasing demand for food, declining arable land owing to growing population, and sudden environmental changes have intensified the growth of the global Commercial Greenhouse market. Furthermore, greenhouse technology allows the crop producers to produce those products which have a shortage of supply, thus creating an opportunity for them to produce marketable products. Additionally, increasing government initiatives for the development of the agriculture sector. These are remarkable points, which contribute to the growth of the market.
Apart from this, some other important factors such as the increasing trend of rooftop farming, rapid urbanization, adoption of greenhouse automation technologies, utility savings, growing R&D activities, and mergers & acquisitions in the industry are creating a positive impact on the development of the global Commercial Greenhouse market.
Covid-19 Impact on Commercial Greenhouse Market
As around one-third of the global population is staying indoors owing to nationwide lockdown, stay-at-home orders, and restrictions on movement, the energy demand has sharply dipped. By the end of 2020, approximately, a decline in 5% of the energy demand was been recorded. Also, waning in corresponding gas and oil demands of 4% and 9%, respectively were registered in 2020. Currently, the energy market is at a historic low with surplus supplies. However, the situation is expected to ease up with a lift in lockdown restrictions and end-use industries start operating with great efficiencies.
Commercial Greenhouse Market Segment Overview
Based on Product type, the Vegetable segment is anticipated to grow at a significant rate in the forecast period. Greenhouses are a great tool for growing vegetables. It helps in growing vegetables all year around without being worried about the changing weather, temperature, or other conditions. Also, producing vegetables in greenhouses protects the crops from harsh conditions such as cold, wind, pests, drought, blistering heat, and critters trying to eat them. Further, growing vegetables in greenhouses also allow in creating the most suitable condition for the crops due to the controlling factors available in greenhouses, such as moisture, light, temperature, fertilization, humidity, and irrigation. According to type, the Plastic Greenhouses segment is projected to account for the largest share of the market. The plastic used in commercial greenhouses is made in that way which makes them more durable than regular plastic. This specially made plastic can resist tearing and can withstand extreme weather conditions.
Commercial Greenhouse Market, By Product type
- Fruits
- Vegetables
- Flowers & ornamentals
- Nursery crops
- Others
- Tropical crops
- Cacti
· Glass greenhouse
· Plastic greenhouse
Commercial Greenhouse Market, By Equipment
- Fruits
- Vegetables
- Flowers & ornamentals
- Nursery crops
- Others
- Tropical crops
- Cacti
In terms of region, the North American region is anticipated to witness the highest growth rate during the forecast period. North American growers previously used traditional techniques to create a controlled environment within greenhouses. In the last decade, commercial greenhouse growers in North America steadily began switching to automation technologies to allow plant growth throughout the year. Further, commercial greenhouse technologies are becoming increasingly popular in urban areas to facilitate the supply of fresh vegetables to grocery stores.
Commercial Greenhouse Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Commercial Greenhouse Market Competitor overview
Some key developments and strategies adopted by manufacturers in Commercial Greenhouse are highlighted below.
· In September 2021, Toronto based CO2 GRO Inc. ("GROW") is pleased to announce a commercial feasibility of a CO2 Delivery Solutions™ system with a major E.U. based greenhouse vegetable grower that wishes to remain unnamed ("the customer"). Once installed, the commercial feasibility will continue for a period of twelve months. This is GROW's largest potential customer to date with nearly 1,000 hectares (approximately 100 million square feet) of greenhouse grown vegetables.
Commercial Greenhouse Market, Key Players
· Richel Greenhouse
· Argus Control Systems
· Heliospectra AB
· Rough Brothers Inc.
· Logiqs BV
· Lumigrow, Inc.
· Certhon
· Hort Americas
· Agra Tech, Inc.
· Nexus corporation
· Top Greenhouses
· Poly-Tex, Inc.
· Stuppy Greenhouse
· The Glasshouse Company Pty Ltd
· Omni Structures International
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Commercial Greenhouse Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Product type
- 5.2.1. Fruits
- 5.2.2. Vegetables
- 5.2.3. Flowers & ornamentals
- 5.2.4. Nursery crops
- 5.2.5. Others
- 5.2.5.1. Tropical crops
- 5.2.5.2. Cacti
- 5.3.1. Glass greenhouse
- 5.3.2. Plastic greenhouse
- 5.4.1. Cooling systems
- 5.4.2. Heating systems
- 5.4.3. Others
- 5.4.3.1. LED grow lights
- 5.4.3.2. Control systems
- 5.4.3.3. Irrigation systems
- 5.4.3.4. Ventilation
- 5.4.3.5. Communication technology
- 5.5.1. North America
- 5.5.2. Europe
- 5.5.3. Asia Pacific
- 5.5.4. Latin America, Middle East and Africa
6. North America Commercial Greenhouse Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Product type
- 6.2.1. Fruits
- 6.2.2. Vegetables
- 6.2.3. Flowers & ornamentals
- 6.2.4. Nursery crops
- 6.2.5. Others
- 6.2.5.1. Tropical crops
- 6.2.5.2. Cacti
- 6.3.1. Glass greenhouse
- 6.3.2. Plastic greenhouse
- 6.4.1. Cooling systems
- 6.4.2. Heating systems
- 6.4.3. Others
- 6.4.3.1. LED grow lights
- 6.4.3.2. Control systems
- 6.4.3.3. Irrigation systems
- 6.4.3.4. Ventilation
- 6.4.3.5. Communication technology
- 6.5.1. U.S.
- 6.5.2. Canada
7. Europe Commercial Greenhouse Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Product type
- 7.2.1. Fruits
- 7.2.2. Vegetables
- 7.2.3. Flowers & ornamentals
- 7.2.4. Nursery crops
- 7.2.5. Others
- 7.2.5.1. Tropical crops
- 7.2.5.2. Cacti
- 7.3.1. Glass greenhouse
- 7.3.2. Plastic greenhouse
- 7.4.1. Cooling systems
- 7.4.2. Heating systems
- 7.4.3. Others
- 7.4.3.1. LED grow lights
- 7.4.3.2. Control systems
- 7.4.3.3. Irrigation systems
- 7.4.3.4. Ventilation
- 7.4.3.5. Communication technology
- 7.5.1. UK
- 7.5.2. Germany
- 7.5.3. France
- 7.5.4. Italy
- 7.5.5. Spain
- 7.5.6. Russia
- 7.5.7. Rest of Europe
8. Asia Pacific Commercial Greenhouse Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Product type
- 8.2.1. Fruits
- 8.2.2. Vegetables
- 8.2.3. Flowers & ornamentals
- 8.2.4. Nursery crops
- 8.2.5. Others
- 8.2.5.1. Tropical crops
- 8.2.5.2. Cacti
- 8.3.1. Glass greenhouse
- 8.3.2. Plastic greenhouse
- 8.4.1. Cooling systems
- 8.4.2. Heating systems
- 8.4.3. Others
- 8.4.3.1. LED grow lights
- 8.4.3.2. Control systems
- 8.4.3.3. Irrigation systems
- 8.4.3.4. Ventilation
- 8.4.3.5. Communication technology
- 8.5.1. China
- 8.5.2. India
- 8.5.3. Japan
- 8.5.4. Australia
- 8.5.5. South East Asia
- 8.5.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Commercial Greenhouse Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Product type
- 9.2.1. Fruits
- 9.2.2. Vegetables
- 9.2.3. Flowers & ornamentals
- 9.2.4. Nursery crops
- 9.2.5. Others
- 9.2.5.1. Tropical crops
- 9.2.5.2. Cacti
- 9.3.1. Glass greenhouse
- 9.3.2. Plastic greenhouse
- 9.4.1. Cooling systems
- 9.4.2. Heating systems
- 9.4.3. Others
- 9.4.3.1. LED grow lights
- 9.4.3.2. Control systems
- 9.4.3.3. Irrigation systems
- 9.4.3.4. Ventilation
- 9.4.3.5. Communication technology
- 9.5.1. Brazil
- 9.5.2. Saudi Arabia
- 9.5.3. UAE
- 9.5.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Richel Greenhouse
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Argus Control Systems
- 10.6. Heliospectra AB
- 10.7. Rough Brothers Inc.
- 10.8. Logiqs BV
- 10.9. Lumigrow, Inc.
- 10.10. Certhon
- 10.11. Hort Americas
- 10.12. Agra Tech, Inc.
- 10.13. Nexus corporation
- 10.14. Top Greenhouses
- 10.15. Poly-Tex, Inc.
- 10.16. Stuppy Greenhouse
- 10.17. The Glasshouse Company Pty Ltd
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
