Greenhouse Heaters Market Research, 2031
The global greenhouse heaters market size was valued at $1.8 billion in 2021, and is projected to reach $3.2 billion by 2031, growing at a CAGR of 5.9% from 2022 to 2031. Greenhouse heaters are utilized to provide plants with a comfortable atmosphere and to prolong their lives in cold climates. These heaters are machines that keep temperatures steady while not releasing substances that could hurt plants. The purpose of using greenhouse heaters in greenhouses is to increase agricultural output or profit. Greenhouse heaters help maintain a stable temperature inside the greenhouse. If the temperature in the greenhouse is maintained at a certain level, several agricultural seedlings and flowering plants can endure and thrive throughout the four seasons. As environmental consciousness among people across the world rises, greenhouse heaters industry are gradually becoming popular. The number of companies making these heaters is increasing. Due to the strict norms by governments to protect the environment, the greenhouse heaters market growth is anticipated to rise at lower rate during the forecast period.
The expansion of the greenhouse heaters market share is primarily driven by reasons such as rising food output, evolving consumer priorities, and rising environmental concerns. In addition, the sector is being driven by a growing awareness of the need to safeguard the environment from further deterioration on a worldwide scale. Demand will consequently increase in developing nations that are still growing and developing to their full potential. Moreover, the growth of floriculture is another factor that is predicted to drive demand for high-end greenhouses during the projected period. Flowers have always been in great demand, and it is expected that this trend will persist. Furthermore, regardless of the season, demand for particular flowers will rise if spending on special occasions like weddings, anniversaries, birthday parties, and political rallies rises. These elements are anticipated to strengthen the market growth during the forecast period.
A factor restraining the growth of the global greenhouse gas market is the lack of product awareness, which is likely to hamper the market expansion over the forecast period. Moreover, lack of understanding of the benefits of greenhouse heaters is also hampering market revenue growth.
Furthermore, during the outbreak of the COVID-19 pandemic, construction, manufacturing, hotel, and tourism industries were majorly affected. Manufacturing activities were halted or restricted. Construction and transportation activities, along with their supply chains, were hampered on a global level. This led to a decline in the growth of the construction and greenhouse heaters markets as well as their demand in the market, thereby restraining the growth of the greenhouse heater market as well. However, industries are gradually resuming their regular manufacturing and services. This is expected to lead to re-initiation of greenhouse heater companies at their full-scale capacities, which is likely to help the greenhouse heater market to recover by end of 2021.
The increasing use of greenhouse heaters in organized shelters, coupled with favorable government measures, will create new prospects for the global greenhouse heaters market. In addition, the growing demand for commercial greenhouses is likely to drive demand for greenhouse heaters market share. The future looks bright for this industry as people's preferences and priorities shift in favor of environmental protection. The players in this market can take advantage of these opportunities.
The greenhouse heater market is segmented into heater type, application, greenhouse size, and region. On the basis of heater type, the market is divided into electric heater, gas heater, and paraffin heater. On the basis of application, it is classified into glass greenhouse and plastic greenhouse. On the basis of greenhouse size, it is segregated into small greenhouse, medium greenhouse, and large greenhouse. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
By heater type, in 2021, the electric segment dominated the greenhouse heaters market in terms of revenue, and the paraffin segment is expected to witness expansionat the highest CAGR during the forecast period. On the basis of application, the plastic greenhouse segment led the market in 2021, in terms of revenue, and the plastic greenhouse segment is anticipated to register the highest CAGR during the forecast period. On the basis of greenhouse size, the large greenhouse segment led the greenhouse heaters market in 2021, in terms of revenue, and the medium segment is anticipated to register the highest CAGR during the forecast period. Region-wise, Europe accounted for the highest hydraulic breakers market share in 2021, and LAMEA is anticipated to register the highest CAGR during the forecast period.
COMPETITION ANALYSIS
The major players profiled in the greenhouse heaters market include Agra Tech, Inc., BioGreen GmbH, Heliospectra AB, Hort Americas, Hotbox International, International Greenhouse Company, KING ELECTRICAL MFG. CO., L.B. White Company, Roberts Gordon, and Siebring Manufacturing.
Major companies in the market have adopted acquisition, partnership, and business expansion as their key developmental strategies to offer better products and services to customers in the greenhouse heater market.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the greenhouse heaters market analysis from 2021 to 2031 to identify the prevailing greenhouse heaters market opportunity.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the greenhouse heaters market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global greenhouse heaters market trends, key players, market segments, application areas, greenhouse heaters market forecast and growth strategies.
Greenhouse Heaters Market Report Highlights
| Aspects | Details |
 Market Size By 2031 | USD 3.2 billion |
 Growth Rate | CAGR of 5.9% |
 Forecast period | 2021 - 2031 |
 Report Pages | 210 |
 By Heater type |
|
 By Application |
|
 By Greenhouse size |
|
 By Region |
|
 Key Market Players | Agra-Tech Inc., Hort Americas, LLC, Roberts Gordon, International Greenhouse Company, Siebring Manufacturing, Heliospectra AB, King Electrical Manufacturing Company, Hotbox International, L.B. White Company, BioGreen GmbH |
Analyst Review
The global greenhouse heaters market is witnessing a huge demand in Europe, followed by Asia-Pacific and North America. The high share of the Asia-Pacific market is due to rising greenhouse agriculture practices and increase in demand in the greenhouse heaters business.
In an era of global environmental problems such as climate change, increase in population, and natural resource degradation, including soil degradation and biodiversity loss, sustainable food production is one of the major challenges of the twenty-first century. Climate change is one of the most serious threats to agricultural systems. Greenhouse heaters are used to provide a comfortable environment for plants as well as to extend their lives in cold weather. These heaters are devices that keep plants at a constant temperature without releasing harmful materials. Greenhouse heaters are used in greenhouses to increase crop productivity.
Greenhouse heaters are heating systems that can maintain a constant temperature in the greenhouse. The sector is being driven by a growing awareness of the need to safeguard the environment from further deterioration on a worldwide scale. Demand will consequently increase in developing nations that are still growing and developing to their full potential. One of the factors restraining the growth of the global greenhouse heater market is the lack of product awareness, which could hindermarket expansion during the forecast period.However, rising demand for commercial greenhouses is likely to stimulate demand for luxury greenhouses. These factors drive the demand for greenhouse heaters.
The major players profiled in the greenhouse heater market include Agra Tech, Inc., BioGreen GmbH, Heliospectra AB, Hort Americas, Hotbox International, International Greenhouse Company,KING, ELECTRICAL MFG. CO., L.B. White Company, Roberts Gordon and Siebring Manufacturing. The players in this market adopted product launch as their key strategies to meet the consumer demands.
The global greenhouse heaters market was valued at $1,808.8 million in 2021, and is projected to reach $3,235.7 million by 2031, registering a CAGR of 5.9% from 2022 to 2031
The forecast period considered for the global greenhouse heater market is 2022 to 2031, wherein, 2021 is the base year, 2022 is the estimated year, and 2031 is the forecast year.
The latest version of global greenhouse heater market report can be obtained on demand from the website.
The base year considered in the global greenhouse heater market report is 2021.
The top companies holding the market share in the global greenhouse heater market report Agra Tech, Inc., BioGreen GmbH, Heliospectra AB, Hort Americas, Hotbox International, International Greenhouse Company,KING, ELECTRICAL MFG. CO., L.B. White Company, Roberts Gordon and Siebring Manufacturing.
The top ten market players are selected based on two key attributes - competitive strength and market positioning.
The report contains an exclusive company profile section, where leading companies in the market are profiled. These profiles typically cover company overview, geographical presence, market dominance (in terms of revenue and volume sales), various strategies and recent developments.
Based on heater type, the electric segment was the largest revenue generator in 2021.
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