(EMAILWIRE.COM, December 15, 2017 ) Latin America Greenhouse Equipment Industry Size was worth USD 2.43 billion in 2016 and estimated to be growing at a CAGR of 7.9%, to reach USD 3.55 billion by 2021. The purpose of a greenhouse is to shield crops from excess cold or heat and unwanted pests. A greenhouse makes it possible to grow certain types of crops year round, and fruits, tobacco plants, vegetables, and flowers are what a greenhouse most commonly grows.A greenhouse is a house made of glass. It has glass walls and a glass roof. People grow tomatoes and flowers and other plants in them. A greenhouse stays warm inside, even during winter. Sunlight shines in and warms the plants and air inside.

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The Latin America Greenhouse Equipment industry is driven by the rise in adoption of greenhouses, owing to rapid innovation in technology and rising disposable incomes of people willing to invest in farming. Technological innovations have further helped in lowering the costs of necessary equipment which aids in increasing the feasibility of owning a greenhouse. The adoption of greenhouse adoption technologies and encouragement from governments also act as drivers of industry growth.

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Industry Segmentation

Equipment

· Introduction

· Heating Systems

· Cooling Systems

· Others

· Y-o-Y Growth Analysis, By Equipment

· Industry Attractiveness Analysis, By Equipment

· Industry Share Analysis, By Equipment

Type

· Introduction

· Glass Greenhouse

o Horticulture Glass

o Other Greenhouse Glass

· Plastic Greenhouse

o Polyethylene

o Polycarbonate

o Polymethyl Methacrylate

· Y-o-Y Growth Analysis, By Type

· Industry Attractiveness Analysis, By Type

· Industry Share Analysis, By Type

Crop Type

· Introduction

· Fruits & Vegetables

· Flowers & Ornamentals

· Nursery Crops

· Other Crop Types

· Y-o-Y Growth Analysis, By Crop Type

· Industry Attractiveness Analysis, By Crop Type

· Industry Share Analysis, By Crop Type

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Latin America industry region includes countries such as Brazil, Mexico, Argentina, and remaining countries of South America. The huge rise in spending in the Greenhouse Equipment industry has increased the demand in the industry. Brazil is one of the largest industry in this region followed by Mexico, Argentina, and Columbia. The availability of large customer base with rising disposable incomes is set to drive the industry in the foreseeable future.

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The major players operating in the Latin America Greenhouse Equipment industry include Richel Group SA, Argus Control Systems Ltd., Certhon, Logiqs B.V., Lumigrow, Inc., Agra Tech, Inc, Rough Brothers, Inc., Nexus Corporation, Hort Americas, LLC, and Heliospectra AB.

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