The "Commercial Greenhouse - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Commercial Greenhouse Market to Reach $64.4 Billion by 2030

The global market for Commercial Greenhouse estimated at US$31.9 Billion in the year 2022, is projected to reach a revised size of US$64.4 Billion by 2030, growing at a CAGR of 9.2% over the analysis period 2022-2030.

Heating Systems, one of the segments analyzed in the report, is projected to record a 8.8% CAGR and reach US$20.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Cooling Systems segment is readjusted to a revised 8.8% CAGR for the next 8-year period.

The U.S. Market is Estimated at $8.7 Billion, While China is Forecast to Grow at 12.8% CAGR

The Commercial Greenhouse market in the U.S. is estimated at US$8.7 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$14.1 Billion by the year 2030 trailing a CAGR of 12.8% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.7% and 7.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 7.2% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$9.3 Billion by the year 2030.

Looking Ahead to 2023

Food and fuel inflation will remain a persistent economic problem. Higher retail inflation will impact consumer confidence and spending. As governments combat inflation by raising interest rates, new job creation will slowdown and impact economic activity and growth.

Lower capital expenditure is in the offing as companies go slow on investments, held back by inflation worries and weaker demand. With slower growth and high inflation, developed markets seem primed to enter into a recession. Fears of new COVID outbreaks and China's already uncertain post-pandemic path poses a real risk of the world experiencing more acute supply chain pain and manufacturing disruptions this year.

Year 2023 is expected to be tough year for most markets, investors and consumers. Nevertheless, there is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.

What`s New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year

Key Topics Covered:

MARKET OVERVIEW

• 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
• Commercial Greenhouse - Global Key Competitors Percentage Market Share in 2022 (E)
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
• Impact of Covid-19 and a Looming Global Recession

FOCUS ON SELECT PLAYERS (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.

MARKET TRENDS & DRIVERS

• 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

For more information about this report visit https://www.researchandmarkets.com/r/9x72p4

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View source version on businesswire.com: https://www.businesswire.com/news/home/20230203005223/en/