Agriculture & Forestry Industry Market News

Recent research: Latin America's greenhouse equipment market forecast to 2021

Agriculture Market Research

Latin America Greenhouse Equipment Market By Equipment (heating Systems, Cooling Systems, Others), By Type (glass Greenhouse, Plastic Greenhouse), By Crop Type (fruits & Vegetables, Flowers & Ornamental, Nursery Crops, Others) And By Region

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Latin America Greenhouse Equipment Market Size was worth USD 2.43 billion in 2016 and estimated to be growing at a CAGR of 7.9%, to reach USD 3.55 billion by 2021. 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.

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A greenhouse stays warm inside, even during winter. Sunlight shines in and warms the plants and air inside.

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The Latin America Greenhouse Equipment market is driven by the rise in 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.

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Market Segmentation                                                                                              

               Equipment                                                                  

  • Introduction                                                           
  • Heating Systems                                                   
  • Cooling Systems                                                   
  • Others                                                      
  • Y-o-Y Growth Analysis, By Equipment                                                        
  • Market Attractiveness Analysis, By Equipment                                                      
  • Market Share Analysis, By Equipment                                                        

               Type                                                                              

  • Introduction                                                           
  • Glass Greenhouse                                                               
  • o Horticulture Glass                                             
  • o Other Greenhouse Glass                                              
  • Plastic Greenhouse                                                             
  • o Polyethylene                                      
  • o Polycarbonate                                   
  • o Polymethyl Methacrylate                                             
  • Y-o-Y Growth Analysis, By Type                                                     
  • Market Attractiveness Analysis, By Type                                                   
  • Market Share Analysis, By Type                                                     

                       Crop Type                                                                   

  • Introduction                                                           
  • Fruits & Vegetables                                                             
  • Flowers & Ornamentals                                                     
  • Nursery Crops                                                       
  • Other Crop Types                                                 
  • Y-o-Y Growth Analysis, By Crop Type                                                           
  • Market Attractiveness Analysis, By Crop Type                                                        
  • Market Share Analysis, By Crop Type          

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Latin America market region includes countries such as Brazil, Mexico, Argentina, and remaining countries of South America. The huge rise in spending in the Greenhouse Equipment market has increased the demand in the market.

Brazil is one of the largest markets in this region followed by Mexico, Argentina, and Columbia. The availability of large customer base with rising disposable incomes is set to drive the market in the foreseeable future.

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The major players operating in the Latin America Greenhouse Equipment industry include Richel Group SA, Argus Control Systems Ltd., Certhon, Logiqs B.V., Lumigrow, Inc., Agra Tech, Inc, Rough Brothers, Inc., Nexus Corporation, Hort Americas, LLC, and Heliospectra AB.

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