Jersey City, NJ, December 4, 2023 (GLOBE NEWSWIRE) — InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on “Global Greenhouse Climate Control Systems Market” – (By Type (Glass Greenhouse, Plastic Greenhouse, and Other Types), By Control System Type (Heating Systems, Cooling Systems, Environmental Control Systems, and Others)), Trends, Industry Competition Analysis, Sales and Forecast to 2031.”
According to the latest study by InsightAce Analytic, the global greenhouse climate control system market is expected to grow at a CAGR of 9.31% during the forecast period 2023-2031.
Greenhouse climate control systems are essential for maintaining optimal growing conditions for plants throughout the year. These systems regulate temperature, humidity, light and carbon dioxide levels to create a microclimate that promotes plant growth. The increasing demand for year-round crop cultivation is a key driver for the introduction of climate control systems in greenhouses. Conventional outdoor cultivation is limited to certain seasons in difficult climates such as extreme cold, heat or drought.
Additionally, market expansion is further limited by the high cost of maintaining active thermal systems, LED installations, regulated environments and environmental controls. Real estate developers are increasingly buying up farmland to build suburbs and meet growing demand for housing. This has led to a desire for modern agricultural farming methods such as hydroponics and aquaponics. Thanks to these farming methods, which can be used in controlled environments and do not require arable land, the target market can develop even further.
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Recent developments:
- In March 2021, Netafim has completed the acquisition of Gakon Horticultural Projects, a Dutch company specializing in the construction of greenhouses. This acquisition will enable Netafim to meet the growing need for domestic food production under different environmental conditions.
- In April 2020DENSO Corporation announced its investment in Certhon with the shared goal of jointly developing and providing greenhouse solutions. This investment aims to leverage the combined expertise of both companies to advance innovative horticultural solutions.
List of Key Players in Greenhouse Climate Control Systems Market:
- Netaphim,
- Climate Control Systems Inc.
- Dalsem, Priva Holding BV
- Knight group
- Enerdes (Reinderscorp)
- DENSO CORPORATION
- Nutricontro
- Munters, SPAGNOL srl
- Agricultural control
- Richel group
- Argus Control Systems Limited
- DryGair Energies LTD
- ` Holland
- Priva BV
- ThermoElectric Cooling America Corporation,
- Other,
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Scope of the Greenhouse Climate Control Systems Market Report:
| Report attribute | Specifications |
| Growth rate CAGR | CAGR of 9.31% from 2023 to 2031 |
| Quantitative units | Presentation of revenue in millions of US dollars and CAGR from 2023 to 2031 |
| Historic year | 2019 to 2022 |
| Forecast year | 2023-2031 |
| Report coverage | The sales forecast, the company's position, the competitive market structure, growth prospects and trends |
| Segments covered | By type, control system type |
| Regional scope | North America; Europe; Asia Pacific; Latin America; Middle East and Africa |
| Country scope | US; Canada; UNITED KINGDOM; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South East Asia; South Korea |
Market dynamics:
Driver:
The growth in this sector is primarily due to several key factors. Urbanization is advancing rapidly, accelerating the adoption of modern agricultural methods. At the same time, the world population is growing, which leads to an increased need for food production. Additionally, the declining availability of farmland worldwide is leading to a shift toward indoor farming methods, including the use of greenhouses. In addition, government interventions such as export subsidies, tariffs, import taxes and other measures further promote market expansion.
Challenges:
The initial cost of setting up greenhouse climate control systems, including heating, cooling and automation equipment, can be significant and represent a financial hurdle for many potential users. Developing advanced climate control systems can be technically challenging and require specialized knowledge and expertise, which may be a limitation for some farmers. Smaller or rural farmers may need help accessing and being able to afford advanced greenhouse climate control technology, limiting their adoption. Transitioning from traditional farming methods to advanced greenhouse systems can require a period of learning and adaptation, which may be challenging for some farmers.
Regional trends:
The North American greenhouse climate control system market is poised to capture a significant market share. The increasing population in America, coupled with decreasing land availability for traditional agriculture, is a key element in the increasing adoption of greenhouse farming in the region. Meeting the agricultural needs of this growing population could prove challenging using conventional farming methods and require a shift towards technology-driven agriculture.
At the same time, Europe has a significant market share. The greenhouse industry is expected to grow robustly due to the increasing global population and the need to ensure food security through the adoption of advanced, high-yield farming techniques. In addition, several emerging countries are increasingly using greenhouse farming to strengthen their agricultural sectors. This shift is being driven by the prospect of higher crop yields compared to traditional farming methods.
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Greenhouse Climate Control Systems Market Segmentation –
By type
- Glass greenhouse
- Plastic greenhouse
- Other
By control system type
- Heating systems
- Cooling systems
- Environmental control systems
- Other
By region-
North America-
Europe-
- Germany
- The UK
- France
- Italy
- Spain
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- South Korea
- South East Asia
- Rest of Asia Pacific
Latin America-
- Brazil
- Argentina
- Rest of Latin America
Middle East and Africa
- GCC countries
- South Africa
- Rest of the Middle East and Africa
Read report snapshot: https://www.insightaceanalytic.com/report/greenhouse-climate-control-systems-market/2246
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