Global Commercial Greenhouse Market Report 2021 - Opportunities And Strategies, Market Forecast And Trends
23 Jul, 2021
The commercial greenhouse market consists of sales of greenhouse solutions and structures by entities (organizations, sole traders, and partnerships) that are engaged in the production of various automation solutions for greenhouses. Commercial greenhouses are becoming increasingly common as a modern type of agricultural technique used for the production of fruits, berries, and nursery crops.
Global Commercial Greenhouse Market Size And Drivers:
The commercial greenhouse market is expected to grow from $24.09 billion in 2020 to $26.60 billion in 2021 at a compound annual growth rate (CAGR) of 10.42%. The growth in the commercial greenhouse market is mainly due to rapid urbanization and low availability of arable land along with increasing demand for food due to the growing population. The market is expected to reach $38.27 billion in 2025 at a CAGR of 9.52%. Increasing population and low availability of arable land are the key factors for the growth of the commercial greenhouse market.
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Trends In The Global Commercial Greenhouse Market
Technological innovations such as artificial intelligence, automated irrigation systems, pH sensors, and climate control software are key trends gaining popularity in the commercial greenhouse market. Indoor farmers can use artificial intelligence, automatic irrigation systems, pH cameras, and climate change tools to solve problems including disease prevention and pest management.
Global Commercial Greenhouse Market Segments:
The global commercial greenhouse market is further segmented based on type, equipment type, crop type and geography.
By Type: Glass Greenhouse, Plastic Greenhouse
By Equipment Type: Cooling Systems, Heating Systems, Others
By Crop Type: Fruits, Vegetables, Flowers & Ornamentals, Nursery Crops, Others
By Geography: The global commercial greenhouse market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Europe is the largest region in the commercial greenhouse market in 2020.
Read More On The Report For The Global Commercial Greenhouse Market At:https://www.thebusinessresearchcompany.com/report/commercial-greenhouse-global-market-report
Commercial Greenhouse Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides commercial greenhouse market overviews, analyzes and forecasts market size and growth for the global commercial greenhouse market, commercial greenhouse market share, commercial greenhouse market players, commercial greenhouse market segments and geographies, commercial greenhouse market’s leading competitors’ revenues, profiles and market shares. The commercial greenhouse market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.