Greenhouse Equipment Market

Global Greenhouse Equipment Market Size (2024 to 2032)

The global greenhouse equipment market was valued at USD 28.27 billion in 2023 and is anticipated to reach USD 30.73 billion in 2024 from USD 59.90 billion by 2032, growing at a CAGR of 8.7% from 2024 to 2032.

CURRENT SCENARIO OF THE GLOBAL GREENHOUSE EQUIPMENT MARKET

The purpose of a greenhouse is to shield crops from excess cold or heat and unwanted pests. A greenhouse makes it possible to grow certain types of crops year-round, and fruits, tobacco plants, vegetables, and flowers are what a greenhouse most commonly grows. A greenhouse is a house made of glass. It has glass walls and a glass roof. People grow tomatoes and flowers and other plants in them. A greenhouse stays warm inside, even during winter. Sunlight shines in and warms the plants and air inside.

MARKET DRIVERS

The growth of the greenhouse equipment market is majorly driven by the rise in the adoption of greenhouses, owing to rapid innovation in technology and rising disposable incomes of people willing to invest in farming. Technological innovations have further helped in lowering the costs of necessary equipment which aids in increasing the feasibility of owning a greenhouse. The adoption of greenhouse adoption technologies and encouragement from governments also act as drivers of market growth.

REPORT COVERAGE

REGIONAL ANALYSIS

In 2020, Europe led the global greenhouse equipment market in terms of market share., owing to the beginning of greenhouse culture in Europe because of favorable climate conditions. The market for this greenhouse equipment in the Asia-Pacific area is amplifying because of more supportive government policies and increasing demand for greenhouses. The Asia-Pacific and other rising nations are foreseen to develop at a quick pace in the greenhouse equipment market in the following years when compared with the seasoned markets of developed regions.

KEY PLAYERS IN THE GLOBAL GREENHOUSE EQUIPMENT MARKET

Richel Group SA, Argus Control Systems Ltd, Certhon, Logiqs B.V, Lumigrow, Inc, Agra Tech, Inc, Rough Brothers, Inc, Nexus Corporation, Hort Americas, LLC, Heliospectra AB. Some of the market players dominate the global greenhouse equipment market.

DETAILED SEGMENTATION OF THE GLOBAL GREENHOUSE EQUIPMENT MARKET INCLUDED IN THIS REPORT

This research report on the global greenhouse equipment market is segmented and sub-segmented based on Equipment Type, Greenhouse Type, Crop type, and Region.

By Equipment:

• Heating systems
• Cooling systems
• Others

By Greenhouse Type:

• Glass greenhouse
  1. Horticulture glass
  2. Other greenhouse glass
• Plastic greenhouse

1. Polyethylene
2. Polycarbonate
3. Polymethyl methacrylate (PMMA)

By Crop Type:

• Fruits & vegetables
• Flowers & ornamentals
• Nursery crops
• Other crop types

By Region

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle-East & Africa