Asia Pacific 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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Asia Pacific Greenhouse Equipment Market Size was worth USD 3.24 billion in 2016 and estimated to be growing at a CAGR of 10.2%, to reach USD 5.27 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 growth of the Asia Pacific Greenhouse Equipment Market is mainly 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.
- Heating Systems
- Cooling Systems
- Y-o-Y Growth Analysis, By Equipment
- Market Attractiveness Analysis, By Equipment
- Market Share Analysis, By Equipment
- 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
- 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
The Asia Pacific region is geographically segmented into China, India, Japan, South Korea, and Australia. Asia Pacific is predicted to grow with the highest CAGR during the forecast period.
Factors such as growing awareness and supportive government policies, coupled with the rapid growth in disposable incomes and technology are anticipated to lead the growth of the market in this region.
The major players operating in the Global 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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