LONDON--(BUSINESS WIRE)--According to the market research report released by Technavio, the global greenhouse horticulture market is expected to accelerate at a CAGR of nearly 11% during the forecast period. Improvements in CO2 extraction technologies for the greenhouse is one of the key factors triggering the growth of the market.
This research report titled ‘Global Greenhouse Horticulture Market 2018-2022’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
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The market research analysis categorizes the global greenhouse horticulture market into the following products:
- Plastic
- Glass
In 2017, the plastic segment accounted for 83% of the global market, however, its market share is projected to decline by 2022.
Global greenhouse horticulture market: Top emerging trend
The increasing relevance of LED growth lights in greenhouse horticulture is an emerging trend in the market. Natural sunlight is not sufficient for the development of plants inside a greenhouse, especially during seasons, such as rainy, autumn, and winter, where the sunlight can be blocked by clouds. Moreover, there are plants that photosynthesize when the day is long or short; these can be classified as long-day and short-day plants. Horticultural lighting solutions aim to induce photosynthesis in plants or these conditions by applications called photoperiodic and supplemental lighting.
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Technavio’s report provides expert market research on the following topics:
Executive Report
- Market Outline
- Global Greenhouse Horticulture Market Overview
Market Insights
- Market Sizing and Forecasts
- Market Growth
- Market Drivers and Challenges
- Key Emerging Trends
Market Segmentation Analysis
- Regional comparison (APAC, Americas, and EMEA)
- Key leading countries
- Market segmentation by product (plastic and glass)
Vendor Landscape
- Vendor classification
- Market positioning of vendors
- Competitive scenario
- Analysis of top vendors (Dalsem, Industries Harnois, Netafim, Richel Group, Ridder, and Van der Hoeven)
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