The Global Commercial Greenhouse Market was worth $ 21.21 billion in 2016 and estimated to be growing at a CAGR of 8.9%, to reach $ 32.48 billion by 2021.

Hyderabad, India -- (SBWire) -- 02/22/2018 --The report "Commercial Greenhouse Market By Equipment (Heating Systems, Cooling Systems, And Others), Type (Glass Greenhouse, Plastic Greenhouse And Others), Crop Type, & By Region - Global Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2016–2021)", The Global Commercial Greenhouse Market is predicted to be of worth $ 32.48 billion by 2021, by growing with a CAGR of 8.9% from the 2016's value of $ 21.21 billion. Increasing concentration on greenhouse farming globally and the convenience of greenhouse farming are the key drivers behind the high projected market growth.

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Growing number of greenhouse farms to have a good influence on market growth
By classification using equipment, the global market is segregated into heating systems, cooling systems and other equipment. The demand for equipment in a region depends mostly on the environment in the region. Hence, the top market share contributor varies under this segmentation varies from one region to another.
Glass greenhouse segment to have the highest growth in future

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On the basis of categorization by type, the global market is divided into glass greenhouse, plastic greenhouse and others types. The high installation costs for greenhouses are one restraint for the market growth in the forecast period. Inclusion of a variety of crops in greenhouse farming creates the necessary demand for both the segments, based on the form. In 2016, the Glass greenhouse segment of the market provided the biggest share of the global market.

Fruits & Vegetable segment to have the most fruitful growth rate till 2021
Depending on categorization by of crop type, the global market is divided into fruits and vegetables, flowers and ornamentals, nursery crops and others crops. The increasing number of cities and towns around the world as a result of urbanization is a key driver behind the demand for organically farmed. This is reflected in form of the high projected growth rate of the Fruits and Vegetable segment.
North America to continue dominating the global market in the forecast period

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As per geography, the global market is studied in North America, Europe, Asia-Pacific, Latin America and the Middle East and Africa regions. North America accounted for the biggest share of the global market in 2016. This is because of the presence of developed farming industry in the region. Asia Pacific region provides a huge potential for market expansion in the future due to the emerging agriculture dependent countries in the region.

The top players in the global crop protection chemicals market include Hort Americas, LLC (U.S.), Rough Brothers Inc. (U.S.), Argus Control Systems Ltd. (U.S), Logiqs (The Netherlands), Richel Group SA (France), Certhon (U.S.), Keder Greenhouse (UK), Agra Tech, Inc (U.S.), Lumigrow (U.S.), and Heliospectra AB (Sweden).

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