- Summary
- Table Of Content
- Methodology
Greenhouse Heaters Market Introduction :
Consegic Business Intelligence analyzes that the Global Greenhouse Heaters Market Size is growing with a healthy CAGR of 4.7% during the forecast period (2023-2030), and the market is projected to be valued at USD 2,158.91 Million by 2030 from USD 1,503.10 Million in 2022.
Greenhouse Heaters Market Definition & Overview :
Greenhouse heaters are devices that are used to heat greenhouses, which are structures that are used to grow plants in a controlled environment. They are a specific of heating equipment that offers reliable heat. The heaters have the added advantage that the product does not release additional moisture into the air such as paraffin and propane systems. Their major types include electric heaters, gas heaters, and paraffin heaters. Their prime benefit includes the elevation to spread warmth evenly throughout the greenhouse. This reduces the possibility of cold spots developing. As a result, they are an ideal solution for applications such as small & medium greenhouses and large greenhouses.
Greenhouse Heaters Market Insights :
Greenhouse Heaters Market Dynamics- (DRO) :
Key Drivers :
The recently developed large greenhouses are benefiting the market growth
The greenhouse heaters are ideal for large-sized greenhouses to ensure efficient yield production for year-round crop cultivation. The pro-government measures for the development of greenhouses such as subsidies, investments, and others are accelerating the development of new large-scale greenhouses. For instance, in July 2023, Sangam Farms announced the development of a new large-sized greenhouse project in Rajasthan India. The project will include the development of a 40-acre greenhouse. The development of the project will be completed in the 4th quarter of 2023. Analysis of market trends conclude that development of new large-sized greenhouses is fostering the adoption of heaters to boil water for plants that require warmer soil temperatures. Hence, the recently developed large-sized greenhouses are accelerating the greenhouse heaters market demand.
Increasing deployment of greenhouse heaters in small and medium-sized greenhouses
The efficient heating of a greenhouse results in extending the growing season. Thus, greenhouse heaters are vital for small and medium-sized greenhouses to ensure more tender plants such as citrus trees. For illustration, in May 2023, the Rotary Club of Montserrat installed a 150 sq ft hydroponics greenhouse in Brades School, Montserrat. The installation of new medium-sized greenhouses will supplement agriculture learning among the students. Analysis of market trends concludes that the development of new medium-sized greenhouses is boosting the demand for heaters to provide optimal temperatures for crop cultivation. Therefore, the increasing deployment of these heaters in small and medium-sized greenhouses projects are significantly enhancing greenhouse heaters market demand.
Key Restraint :
Higher energy consumption for the operation of heaters is restricting the market growth
The greenhouse heaters such as electrical heaters primarily require a lot of energy to ensure efficient heating and humidity in the greenhouse. For instance, electric heaters have to work harder to reach the appropriate temperature and frequently have to run longer to get there than a gas furnace. Henceforth, the higher energy consumption for the operation of these heaters is restricting the greenhouse heaters market expansion during the projected forecast period.
Future Opportunities :
The construction of new greenhouses.
The rapid pace of urbanization, increasing self-reliance for crop production are some of the prime factors fostering the development opportunities of new greenhouses. Furthermore, Middle Eastern countries such as Saudi Arabia, United Arab Emirates, and others are shifting their focus on oil manufacturing. Thus, the expansion of greenhouses is increasing. For instance, in April 2023, Dava Agricultural announced the construction of a new 23-hectare greenhouse in Saudi Arabia. The expansion with contribute to the Saudi Vision 2030. Analysis of market trends concludes that the construction of new greenhouses will accelerate the demand for heaters to ensure even heating for crops, hence is emerging as one of many greenhouse heaters market opportunities that drive market expansion.
Greenhouse Heaters Market Report Insights :
| Report Attributes | Report Details |
| Study Timeline | 2017-2030 |
| Market Size in 2030 | USD 2,158.91 Million |
| CAGR (2023-2030) | 4.7% |
| Based on the Type | Electric Heaters, Gas Heaters, and Paraffin Heaters |
| Based on the Application | Small & Medium Greenhouse and Large Greenhouse |
| Based on the Region | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
| Key Players | Hotbox International, L.B. White, Nexus Corporation, WECO International, Southern Burner Company, Roberts Gordon, Rough Brothers, Inc., Siebring Manufacturing, Sri Sai Fibres Private Limited, and Teja Projects |
Greenhouse Heaters Market Segmental Analysis :
Based on the Type :
The type segment is categorized into electric heaters, gas heaters, and paraffin heaters. In 2022 the electric heaters segment accounted for the highest greenhouse heaters market share of 41.50% in the market. Electric heaters for application in greenhouses have the advantage of being superior reliability. The electric heaters are equipped with a fan to offer the superior benefit of providing healthy air circulation. This ensures a reduction in the risk of mold and fungus developing in plants. In addition, the airflow throughout the structure eliminates the cold spots. Electric heaters do not produce any harmful emissions and therefore promote environmentally friendly beliefs when used in greenhouses. Additionally, they are safer in comparison to other types of heaters as there is no production of harmful combustion byproducts when electric heaters are used. They are also easy to install and require minimal maintenance to provide heat all year around. For instance, KING ELECTRICAL MFG. CO., a leading manufacturer in the of heaters in the United States offers electric heaters such as Hardwired Greenhouse Heaters, Whole Greenhouse Portable Heaters, and others. Assessment of market trends suggests that companies operating in industry are actively leveraging their technological potential to expand the product development for electric heaters. Thus, due to the above factors the demand for electric heaters is increasing, which, in turn, is benefiting the greenhouse heaters market growth.
However, the gas heaters segment is expected to be the fastest-growing segment during the forecast period. Gas heaters are utilized in providing uniform and customizable heat level, which allow greenhouse owner to maintain optimal temperatures for growing and nurturing plants. They are extensively used to provide frost protection to crops as they can provide required heat to the greenhouse to prevent frost related harm to the crops. Additionally, they are designed as an energy efficient heating solution, and effectively deliver heat while maintaining minimal consumption of fuel for its operation. Moreover, gas heaters are versatile in nature and can be implemented in all various scenarios at large and small scale greenhouses. The greenhouse heaters market analysis concluded this is due to the increasing adoption of gas heaters in small and medium-sized greenhouses, which is fostering expansion of greenhouse heaters market.
Based on the Application :
The application segment is categorized into small & medium greenhouse and large greenhouse. In 2022, the small & medium greenhouse segment accounted for the highest greenhouse heaters market share. These heaters are vital for crop cultivation cycles, especially in the winter. Heating systems can provide localized heating to crops and plants as per their requirement. Therefore, heaters are massively utilized in small greenhouses to grow exotic plants that have custom temperature requirements for their development. Heaters such as electric heaters, gas heaters, and others provide consistent heat with low emissions. This makes these heaters safer for crops. Moreover, the versatile heaters for the greenhouses efficiently boil water for plants that require warmer soil temperatures. As a result, these heaters are an ideal solution for the small & medium greenhouse. Small and medium greenhouses are ideal for individuals who are newly engaged in the profession of farming and want to use heaters to increase their crop produce. Examination of market trends conclude that the increasing investment in the development of new small & medium greenhouses is fostering the demand for heaters to ensure superior flexibility. Hence, the increasing adoption of these heaters in small & medium greenhouses is amplifying the greenhouse heaters market growth.
However, the large greenhouse segment is expected to be the fastest-growing segment during the forecast period. Large greenhouses facilitate the installation of larger and more efficient heaters, which maximize energy efficiency of a greenhouse facility and minimize the heating costs generated per unit area. Additionally, installation of larger greenhouses allows for implementation of highly scalable and advance climate control systems, which lead to optimal plant development without diseases. Moreover, large greenhouses can house multiple varieties of crops all year around, ensuring constant supply of cops in the market due to use of heating systems. Ultimately, large green house need multiple workers to regulate the functioning of heaters smoothly, hence providing employment to multiple technicians due to the use of heating systems. The greenhouse heaters market analysis indicated the segments forecasted growth is attributed to factors such as increasing investment in new large greenhouses, government initiatives for large greenhouses, and others. For instance, in August 2020, Lufa Farms opened a new 160,000 square feet rooftop greenhouse in Montreal, Canada. The greenhouse cultivates tomatoes and eggplant.
Based on the Region :
The regional segment includes North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America.
In 2022, Asia Pacific accounted for the highest market share at 36.50% and was valued at USD 548.63 million, and is expected to reach USD 792.32 million in 2030. In Asia Pacific, China accounted for the highest market share of 21.75% during the base year of 2022. The increase in government aid for greenhouses is attributed to the growth of the greenhouse heaters market in the Asia Pacific region. For instance, in March 2023, Shanghai's largest vegetable greenhouse became operational in China. FoodVentures, based in the Netherlands is supervising the cultivation of vegetables. The new greenhouse will cultivate cucumbers, tomatoes, herbs, and heads of lettuce. Analysis of greenhouse heaters market trends concludes that the development of new greenhouses in the Asia Pacific region will boost the revenue growth of the greenhouse heaters market in the forecast years.
Furthermore, Europe is expected to witness significant growth over the forecast period, growing at a CAGR of 5.0% during 2023-20230. In addition, Europe has several leading manufacturers that have a strong focus on research and development, leading to the development of cost effective heating products. Analysis of greenhouse heaters market trends concludes this is due to the exponential rise in the adoption of these heaters in applications such as small & medium greenhouses and large greenhouses.
Top Key Players & Market Share Insights :
The greenhouse heaters market is highly competitive, with several large players and numerous small and medium-sized enterprises. The companies operating in the greenhouse heaters industry have strong research and development capabilities and a strong presence in the market through their extensive product portfolios and distribution networks. The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players functioning in the industry. Examination of market trends concludes that the market is characterized by intense competition, with companies focusing on expanding their product offerings and increasing their market share through mergers, acquisitions, and partnerships. The key players in the market include-
- Hotbox International
- L.B. White
- Siebring Manufacturing
- Sri Sai Fibres Private Limited
- Teja Projects
- Nexus Corporation
- WECO International
- Southern Burner Company
- Roberts Gordon
- Rough Brothers, Inc.
Recent Industry Developments :
- In June 2020, WESCO International formed a merger with Anixter International Inc to increase product distribution in the global market. Therefore, the increase in the distribution of heaters will accelerate market expansion in the forecast years.
- In April 2023, EHP Technologies launched Greenhouse Heating Systems that circulate minimal water in the system to maintain the internal temperature of any greenhouse at a user desired range.
Key Questions Answered in the Report
What was the market size of the greenhouse heaters industry in 2022? +
In 2022, the market size of greenhouse heaters was USD 1,503.10 million
What will be the potential market valuation for the greenhouse heaters industry by 2030? +
In 2030, the market size of greenhouse heaters will be expected to reach USD 2,158.91 million.
What are the key factors driving the growth of the greenhouse heaters market? +
Increasing deployment of greenhouse heaters in small and medium-sized greenhouses is spurring market growth.
What is the dominating segment in the greenhouse heaters market by type? +
In 2022, the electric heaters segment accounted for the highest market share of 41.50% in the overall greenhouse heaters market.
Based on current market trends and future predictions, which geographical region is the dominating region in the greenhouse heaters market? +
Asia Pacific accounted for the highest market share in the overall greenhouse heaters market.
