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Global Commercial Greenhouse Market Analysis & Forecasts, 2016-2021, 2021-2026F, 2031F

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Dublin, July 19, 2022 (GLOBE NEWSWIRE) — The “Commercial Greenhouse Global Market Report 2022” report has been added to ResearchAndMarkets.com’s offering.

The global commercial greenhouse market is expected to grow from $26.44 billion in 2021 to $29.42 billion in 2022 at a compound annual growth rate (CAGR) of 11.3%. The commercial greenhouse market is expected to grow to $42.63 billion in 2026 at a CAGR of 9.7%.

Major players in the commercial greenhouse market are Heliospectra, Nexus Corporation, Rough Brothers Inc, Agra Tech Inc, LumiGrow Inc, Logiqs B.V, Certhon – Greenhouse Solutions, Argus Control Systems Ltd. Richel Group, and Hort Americas.

The commercial greenhouse market consists of sales of greenhouse solutions and structures by entities (organizations, sole traders, and partnerships) that are engaged in the production of various automation solutions for greenhouses. Commercial greenhouses are becoming increasingly common as a modern type of agricultural technique used for the production of fruits, berries, and nursery crops.

The main types of commercial greenhouses are glass greenhouse, and plastic greenhouse. Glass greenhouses are a beautiful glazing option and offer advantages such as better looks, flame-resistant, the maximum amount of natural light for plants, long-lasting, and easy to replace. The equipment used in commercial greenhouses includes cooling systems, heating systems, and other equipment that are used for the cultivation of various crops such as fruits, vegetables, flowers & ornamentals, nursery crops, and other crops.

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Europe was the largest region in the commercial greenhouse market in 2021. North America is expected to witness the highest growth rate during the forecast period. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Increasing population and low availability of arable land are the key factors for the growth of the commercial greenhouse market. The vine seed production in greenhouse farming is more than double that of conventional cultivation attributed to regulated media and environmental conditions.

According to a study published in 2019, the world’s population will grow to 8.6 billion in 2030 and 9.8 billion in 2050, and food demand for world cereal equivalent (CE) food is expected to be around 10,094 million tons in 2030 and 14,886 million tons in 2050. Moreover, global food demand is estimated to have increased by 70% by the end of 2050. As a result, current arable land is under pressure to grow more food by using soil treatment devices.

Thus, the situation of increasing food demand and decreasing arable land is expected to boost the growth of the commercial greenhouse market which provides better harvest both in terms of quality and quantity than the traditional methods.

Technological innovations such as artificial intelligence, automated irrigation systems, pH sensors, and climate control software are key trends gaining popularity in the commercial greenhouse market. Indoor farmers can use artificial intelligence, automatic irrigation systems, pH cameras, and climate change tools to solve problems including disease prevention and pest management.

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For instance, in 2019, a US-based precision agriculture company is coming up with LUNA, an optical scanner system operated by inch, a US-based organization that constantly captures imagery in greenhouses and analyses visual data from growth cycles. The program is capable of recognizing stable crops and alerting farmers as issues arise. Also, companies such as AppHarvest and Kentucky Fresh Harvest offer high-tech greenhouses which help to increase yield and improve harvest quality.

In March 2020, Israel-based Netafim, a company providing agriculture technology acquired Gakon Horticultural Projects, a Dutch greenhouse firm, for an undisclosed amount. The deal brings together Netafim’s global footprint and precision agriculture experience with Gakon’s greenhouse technology.

The businesses will be able to extend their extensive greenhouse horticulture expertise and skills to new markets. Gakuen Horticultural Projects is a greenhouse building company based in the USA that designs, manufactures, and constructs full greenhouse projects.

Key Topics Covered:

1. Executive Summary

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2. Commercial Greenhouse Market Characteristics

3. Commercial Greenhouse Market Trends And Strategies

4. Impact Of COVID-19 On Commercial Greenhouse

5. Commercial Greenhouse Market Size And Growth
5.1. Global Commercial Greenhouse Historic Market, 2016-2021, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Commercial Greenhouse Forecast Market, 2021-2026F, 2031F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market

6. Commercial Greenhouse Market Segmentation
6.1. Global Commercial Greenhouse Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

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  • Glass Greenhouse
  • Plastic Greenhouse

6.2. Global Commercial Greenhouse Market, Segmentation By Equipment Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

  • Cooling Systems
  • Heating Systems
  • Other Equipment Types

6.3. Global Commercial Greenhouse Market, Segmentation By Crop Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

  • Fruits
  • Vegetables
  • Flowers & Ornamentals
  • Nursery Crops
  • Other Crop Types

7. Commercial Greenhouse Market Regional And Country Analysis
7.1. Global Commercial Greenhouse Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
7.2. Global Commercial Greenhouse Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

Companies Mentioned

  • Heliospectra
  • Nexus Corporation
  • Rough Brothers Inc.
  • Agra Tech Inc.
  • Lumigrow Inc.
  • Logiqs B.V.
  • Certhon – Greenhouse Solutions
  • Argus Control Systems Ltd.
  • Richel Group
  • Hort Americas
  • International Greenhouse Company
  • Top Greenhouses
  • Poly-Tex Inc.
  • Stuppy Greenhouse
  • the Glasshouse Company Pty Ltd.
  • Omni Structures International
  • Europrogress
  • Decloet Greenhouse
  • Luiten Greenhouses
  • Dutchgreenhouses
  • Green Tek
  • Texas Greenhouse Company Inc.

For more information about this report visit https://www.researchandmarkets.com/r/11do4s


GlobeNewswire is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Artificial Intelligence

Altair Announces Material Collaboration with HP Inc.

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HP data will bolster Altair® Material Data Center™ bridging gap between design and production of 3D-printed parts
TROY, Mich., June 24, 2024 /PRNewswire/ — Altair (Nasdaq: ALTR), a global leader in computational intelligence, has signed an agreement with HP Inc. in which HP will provide Altair with proprietary material information that will bolster the Altair® Material Data Center™, which enables designers, engineers, and scientists to browse, search, and compare materials in a standalone application or through the interface of their simulation and optimization tools. The collaboration will help break down traditional barriers to 3D printing adoption and ultimately help customers better design parts for Multi Jet Fusion and Metal Jet printers.

“Collaborating with HP will empower our customers to overcome the common challenge of access to accurate material property data, that often hinders the design and production of 3D-printed parts,” said Yeshwant Mummaneni, chief engineer, data management and analytics, Altair. “3D printing solutions are providing new and unique opportunities for businesses and industries of all sizes around the world – we are thrilled to continue providing best-in-class solutions and databases that help more people benefit from the technology and its adoption.”
The collaboration between Altair and HP bridges the often-siloed functions of the design and production of 3D-printed parts. As a result of the partnership, engineers with access to the Altair Material Data Center will be able to use HP material data to design efficient parts, conduct structural analysis using finite element analysis (FEA), and predict and fix manufacturing defects during design and simulation.
“3D printing is at the forefront of so many next-generation opportunities – we are delighted to reinforce Altair’s robust databases and solutions with our library of material information,” said Arvind Rangarajan, global head, software and data, personalization, and 3D printing, HP. “Partnering with a technological leader like Altair will help organizations worldwide develop better products, shorten timelines, and minimize the prototyping process to reduce waste.”
The collaboration will also benefit users of Altair® Inspire™ Print3D, which accelerates the creation, optimization, and study of innovative, structurally efficient additively manufactured parts by providing a fast and accurate toolset for the design and process simulation of parts made by metal binder jetting.
To learn more, visit Altair in booth #800 at RAPID + TCT June 25-27 or visit https://materials.altairone.com/page/landing to register for free access to the Altair Material Data Center.
About Altair
Altair is a global leader in computational intelligence that provides software and cloud solutions in simulation, high-performance computing (HPC), data analytics, and AI. Altair enables organizations across all industries to compete more effectively and drive smarter decisions in an increasingly connected world – all while creating a greener, more sustainable future. To learn more, please visit www.altair.com.
Media contacts
Altair Corporate
Altair Investor Relations
Bridget Hagan
Stephen Palmtag
+1.216.769.2658
+1.669.328.9111
[email protected]
[email protected]
Altair Europe/The Middle East/Africa
Charlotte Hartmann
+49 7031 6208 0
[email protected]
 
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FX Veteran John Bogue Joins ATFX as Director of Institutional Operation

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LONDON, June 24, 2024 /PRNewswire/ — ATFX, a leading global online trading broker, is pleased to announce the appointment of John Bogue as the Director of Institutional Operation. With over 30 years of experience in the FX market, John brings invaluable expertise in trading, prime brokerage, and e-brokerage to ATFX.

John’s extensive background includes significant roles at NatWest Markets Plc and Euronext FX Inc., formerly FastMatch. His deep understanding and seasoned oversight have been honed through his exposure to all facets of the FX asset class, including operations, risk management, and sales functions.
John’s prior position was as Director for EMEA FX at TraderTools. He was instrumental in rolling out their PriceOn™ algo offering across Europe, the Middle East, and Africa. His work significantly enhanced the technology’s penetration among banks and brokers within these regions.
“We are thrilled to welcome John Bogue to our team,” said Joe Li, Chairman at ATFX. “John’s relentless focus on accuracy, clarity, and prioritization of clients and team will be immensely beneficial as we continue expanding our capabilities and services.”
This recruitment is a strategic step for ATFX after their recent integration of PriceOn™ from TraderTools. With AI technology and algorithms, ATFX can optimize liquidity flow and provide top-notch services for institutional and retail clients. Competitive pricing accelerates global business growth and meets clients’ dynamic needs worldwide.
With the addition of John Bogue and ATFX’s recent hires of FX industry masters Drew Niv as the Chief Strategic Officer, Siju Daniel as the Chief Commercial Officer, Hormoz Faryar as Managing Director of Institutional, and Aditya Singh as Business Development Director International, this reaffirms ATFX’s commitment to long-term success and solidifies its position as a dominant player in the global financial marketplace.
About ATFXATFX is a leading global fintech broker with a local presence in 23 locations and licenses from regulatory authorities, including the UK’s FCA, Cypriot CySEC, UAE’s SCA, Australian ASIC, and South African FSCA. With a strong commitment to customer satisfaction, innovative technology, and strict regulatory compliance, ATFX provides exceptional trading experiences to clients worldwide.
For further information on ATFX, please visit the ATFX website: https://www.atfx.com. 
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Artlist Revolutionizes Video Creation with an Innovative AI Voiceover Feature

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Artlist becomes first creative asset platform to offer an in-product AI voice generator, unveiling an exclusive voice catalog
TEL AVIV, Israel, June 24, 2024 /PRNewswire/ — Artlist, a creative technology company that provides a vast catalog of royalty-free digital assets to empower brands and content creators worldwide, today announced its latest offering — an in-product AI voiceover generator for video creators. This groundbreaking feature marks a new era in content creation and another significant step in Artlist’s mission to empower brands and creators with everything they need to create videos in one place. The AI voiceover generator feature is included in the Artlist Max plan, offering even more value for the same price, and as a stand-alone plan.

To view the Multimedia News Release, please click:  https://www.multivu.com/players/uk/9276151-artlist-video-creation-innovative-ai-voiceover/
Artlist’s AI voice generator feature seamlessly integrates into existing workflows alongside Artlist’s music, sound effects, footage, and template offering. By eliminating the need for external voiceover services, brands and creators can save valuable time and resources, accelerating content creation and unlocking new storytelling possibilities.
“We’re excited to introduce the AI voiceover generator to our platform,” says Itzik Elbaz, Co-Founder and Co-CEO of Artlist. “This new feature will enhance the ability of brands and creators to craft immersive narratives and bring their visions to life with unmatched clarity and emotion. Whether you’re a high-end production company, an in-house creative team, or an emerging content creator, Artlist provides the tools you need to succeed in today’s competitive creator economy all in one place.”
Artlist’s voiceover feature represents a significant breakthrough in content creation, providing creators with unparalleled access to a unique, high-quality voice catalog crafted by top-tier artists. Creators can now enrich their videos with professional-grade narrations, elevating the quality of their content and captivating audiences like never before with an array of exclusive voices at their fingertips.
“We developed a catalog of exclusive voices with a goal of democratizing access to high-quality narrations, to enable brands and creators to enhance their videos with professional-grade voiceovers,” said Roee Peled, Chief Product Officer of Artlist. “By leveraging advanced AI and speech synthesis technologies, we can make it easier and more cost-effective for brands and creators to produce engaging voiceovers at scale.”
AI voiceover technology is rapidly transforming, offering increased efficiency, cost savings, and creative flexibility for content creators. This surge in popularity has led businesses and creators to recognize its potential to improve engagement and convey messages effectively. From promotional videos to tutorials and beyond, AI voiceover generator offers an efficient solution for capturing audience attention and driving results.
About Artlist 
Artlist is a leading creative technology company empowering global brands and individual creators with an extensive catalog of over 2.5 million high-quality, royalty-free digital creative assets, including music, sound effects, footage, templates, and plugins, made by award-winning artists. The company has over 26M users, including top-tier global brands like Google, Amazon, Microsoft, and Calvin Klein, who trust Artlist as a complete solution for video creation. With a simple global license and unlimited usage, Artlist’s mission is to enable creativity without limits through Artlist, its all-in-one video creation platform, and the Motion Array catalog for content creators. Artlist has been recognized as a top startup by Wired and LinkedIn. Founded in 2016, it has continued to revolutionize the creative industry by offering exclusive assets under a subscription-based model. For more information, please visit www.artlist.io.
Contact: Ravit Shimony, PR and Communications Manager at Artlist, [email protected]
Video – https://www.youtube.com/watch?v=16ggAKMeCsk&ab_channel=Artlist
 
 

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