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(MoneyNewsWire.Net, January 19, 2018 ) The Asia Pacific Commercial Greenhouse Industry was worth $ 3.39 billion in 2016 and estimated to be growing at a CAGR of 7.8%, to reach $ 4.94 billion by 2021. Commercial Greenhouses are growing of plants for commercial purpose in a controlled environment by providing all the supplies required for photosynthesis. The rising population and demand for food in developing regions such as Asia-Pacific are increasing the growth of the commercial greenhouse Industry.
Browse Industry data tables and in-depth TOC of the Asia Pacific Commercial Greenhouse Industry to 2021 @ https://www.marketdataforecast.com/market-reports/asia-pacific-commercial-greenhouse-market-3004/
The upstream players such as the raw material suppliers of the commercial greenhouse and the downstream shareholders such as the manufacturers and end-user industries of the commercial greenhouse products influence the global commercial greenhouse Industry. Air temperature, relative humidity and vapor pressure deficit are maintained carefully in the greenhouse by the heating and cooling systems. Asia Pacific is one of the most lucrative Industrys for the growth of Commercial greenhouse Industry and is projected to grow the highest during the forecast period.
Developing countries in the Asia- Pacific region are adopting commercial greenhouses because of the demand created due to the high population. By the means of commercial greenhouses there is more crop compared to the traditional agriculture. Moreover, factors like Urbanization, technological advancements, high investment of commercial companies are acting as drivers to the Industry. Factors like high investment and lack of skilled professionals are restraints for the Industry.
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The Commercial greenhouse Industry is segmented on the basis of equipment, type, crop, and by region. On the basis of equipment, the Industry is segmented into heating systems, cooling systems and others. On the basis of type, the Industry is segmented into glass greenhouse, plastic greenhouse and others. On the basis of crop type, the Industry has been segmented into fruits and vegetables, flowers and ornamentals, nursery crops and others crops. On the basis of region, the global Industry is analysed under various regions namely North America, Europe, Asia-Pacific, Latin America and Middle east and Africa.
The Asia-Pacific region is geographically segmented into China, India, Japan, South Korea, and Australia. Factors such as growing demographics and emerging economies in countries such as India and China are anticipated to lead the growth of the Industry in this region. Asia-Pacific has a share of 16% in the global Commercial greenhouse Industry. The Asia-Pacific commercial greenhouse Industry has been increasing with CAGR of 7.8%. In this region, heating and cooling systems are having more than 51% of the total Industry. On the basics of crop, Fruits and vegetables are having good Industry in this region.
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The top players in the global crop protection chemicals Industry include Richel Group SA (France), Certhon (U.S.), Argus Control Systems Ltd. (U.S), Logiqs (The Netherlands), Lumigrow (U.S.), Keder Greenhouse (UK), Agra Tech, Inc (U.S.), Hort Americas, LLC (U.S.), Rough Brothers Inc. (U.S.), and Heliospectra AB (Sweden). Most of these companies have been exploring new regions through agreements & contracts across the world, to give a competitive advantage through combined synergies. LumiGrow is the one of the important company in making business in the commercial greenhouse Industry. It increases its customers with partnership agreement and contracts.
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