According to a new report published by Allied Market Research, titled, “Greenhouse Heaters Market,” The greenhouse heaters market size was valued at $1.8 billion in 2021, and is estimated to reach $3.2 billion by 2031, growing at a CAGR of 5.9% from 2022 to 2031.
Greenhouse heaters are used to provide a comfortable environment for plants and extend their life in cold climates. They are devices that maintain a constant temperature without releasing harmful substances to plants. Greenhouse heaters are used in greenhouses to maximize crop productivity or profit.
Increased economic activity in developing countries leads to increased demand for energy and consumption, leading to environmental degradation. Such environmental degradation will be rectified as the economies of these countries grow, enabling the introduction of green technologies and green regulations and policies. As a result, by adding layers and expanding the growing space, greenhouse farms can increase overall crop production. Such factors drive the demand for greenhouse heaters market growth.
In both conventional farming and greenhouse farming, large quantities of plants are frequently produced for consumers, but in case of greenhouse farming, farmers have more control over the environment in which their crops are healthier compared to conventional farming. It is only possible due to greenhouse heaters. However, lack of awareness of the product is one of the factors restraining the global greenhouse heaters market’s expansion, which is likely to continue over the forecast period.
The outbreak of the COVID-19 pandemic led to a halt in logistic and manufacturing activities across the globe, which, in turn, led to an interruption of the supply chain, thereby hindering the growth of the greenhouse heaters market. However, this situation is expected to improve as governments are relaxing norms around the world for resuming business activities.
The recent greenhouse heaters market trends are organized shelters and favorable government policies will benefit the global market for greenhouse heaters. Due to the rising demand for commercial greenhouses, premium greenhouses will likely also be in high demand. As This business appears to have a bright future, as people’s preferences and priorities shift in favor of environmental protection. The players in this market can take advantage of these opportunities. Such instances positively supports greenhouse heaters market forecast growth.
The global 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 heaters, gas heaters and paraffin heaters. Depending on application, it is classified into glass greenhouse and plastic greenhouse. By greenhouse size, it is segregated into small greenhouse, medium greenhouse and large greenhouses. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
COMPETITION ANALYSIS
The major players profiled in the greenhouse heaters market analysis include Agra Tech Inc., Inc., Biogreen Biotech GmbH, Heliospectra AB, Hort Americas, Hotbox International, International Greenhouse Company, King Electrical Mfg. Co.. CO., L.B. The White Company, Roberts Gordon and SIEBRING MANUFACTURING, INC.
