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Commercial Greenhouse - Global Market Trajectory & Analytics

  • ID: 4804218
  • Report
  • April 2021
  • Region: Global
  • 379 Pages
  • Global Industry Analysts, Inc
Global Commercial Greenhouse Market to Reach $43.8 Billion by 2027

Amid the COVID-19 crisis, the global market for Commercial Greenhouse estimated at US$26.4 Billion in the year 2020, is projected to reach a revised size of US$43.8 Billion by 2027, growing at a CAGR of 7.5% over the analysis period 2020-2027. Heating Systems, one of the segments analyzed in the report, is projected to record a 7.5% CAGR and reach US$12.4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Cooling Systems segment is readjusted to a revised 7.2% CAGR for the next 7-year period.

The U.S. Market is Estimated at $7.1 Billion, While China is Forecast to Grow at 11.3% CAGR

The Commercial Greenhouse market in the U.S. is estimated at US$7.1 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$9.7 Billion by the year 2027 trailing a CAGR of 11.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.1% and 6.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.8% CAGR.

Other Equipment Segment to Record 7.7% CAGR

In the global Other Equipment segment, USA, Canada, Japan, China and Europe will drive the 7.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$9.3 Billion in the year 2020 will reach a projected size of US$15.1 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$6 Billion by the year 2027, while Latin America will expand at a 9.1% CAGR through the analysis period.

Select Competitors (Total 46 Featured):
  • Agra Tech, Inc.
  • Argus Control Systems Ltd.
  • Certhon Build B.V.
  • Heliospectra AB
  • Hort Americas, LLC
  • Logiqs B.V.
  • LumiGrow, Inc.
  • Nexus Corporation
  • Richel Group SA
  • Rough Brothers, Inc.
Frequently Asked Questions about the Global Market for Commercial Greenhouse

What is the estimated value of the Global Market for Commercial Greenhouse?

The Global Market for Commercial Greenhouse was estimated to be valued at $26.4 Billion in 2020.

What is the growth rate of the Global Market for Commercial Greenhouse?

The growth rate of the Global Market for Commercial Greenhouse is 7.5%, with an estimated value of $43.8 Billion by 2027.

What is the forecasted size of the Global Market for Commercial Greenhouse?

The Global Market for Commercial Greenhouse is estimated to be worth $43.8 Billion by 2027.

  • Influencer Market Insights
  • Commercial Greenhouse: An Introduction
  • A Prelude to Commercial Greenhouse
  • Commercial Greenhouse Market in North America
  • Commercial Greenhouse Market in Asia-Pacific
  • Commercial Greenhouse Market in Middle East And Africa
  • Commercial Greenhouse Market in Europe
  • Impact of Covid-19 and a Looming Global Recession
  • Commercial Greenhouse Market Growth
  • Canada Greenhouse Industry Statistics
  • Future Innovations of Commercial Greenhouse
  • Commercial Greenhouse Market Share and Sales
  • Regional Market Sales
  • Latin America Commercial Greenhouse Market


  • Total Companies Profiled: 46