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The worldwide agricultural air conditioner industry expected to grow remarkably in the next several years, driven by expanding use-cases in the agricultural. Environmentally it is also anticipated to present lucrative benefits making it convincing factor for suppliers, and consumers. It is expected to rise due to the growing demand in the agricultural sector.
Agricultural air conditioning keeps livestock and sheds cool for cowsheds, stalls and production facilities for cheaper rates. They helps maintain proper airflow proportion, the desired temperature and humidity level. Agricultural air conditioning assist in the maintenance of temperature, carbon dioxide levels in an indoor farm. It monitors and controls factors critical for the growth of flora. Agricultural air conditioning also reduces carbon dioxide emissions and conserves the environment. They would assist in decreasing the compressors power usage by 25% in comparison to traditional air conditioning systems.
According to a research study by Business Research Insights, the global market for sesame meal is projected to rise at a CAGR of 9.5% during 2022-2027. In 2019, the market value stood at USD 580.2 million.
Business Research Insights Presents the Top 5 Prominent Players in the Agricultural Air Conditioning Industry
1. Munters [Sweden]
Munters is provides climate solutions for mission-critical processes. Munters is the original innovator in climate control since 1955. Munters conducts operations in three business areas: AirTech, FoodTech and Data Center Technologies. Munters provides precise climate control, from farm to fork, ensuring top product quality while saving energy and optimizing productivity. By controlling the relative humidity, condensation can be prevented, and the growth of mold and fungus is greatly reduced.
2. Ingersoll Rand [Ireland]
Ingersoll Rand builds air compressors which are made with superior components. Ingersoll Rand operates with two business segments. The Industrial Technologies and Services (ITS) segment designs, manufactures, markets and services a broad range of air and gas compression, vacuum and blower products, fluid transfer equipment, loading systems, power tools and lifting equipment.
3. Acme Engineering [U.S.]
ACME Engineering Prod. Ltd. (ACME) was established in 1956 and has its head office in Montreal, Canada. They majorly provide services in boilers, gas detections and strainers. Acme has been manufacturing them since the mid-1980s. Acme offers a full range of gas detection products that will meet the demands of even the most complex Carbon Monoxide and Nitrogen Dioxide applications.
4. Schulz Systemtechnik [Germany]
SCHULZ Systemtechnik GmbH is one of the leading developers of integrated automation solutions for a wide range of industries. We combine all three disciplines of automation technology - mechanics, electrical engineering and IT - to offer the entire value-added chain from a single source.
5. Skiold [Denmark]
Skiold is a Danish company established in 1877. Since 1877, SKIOLD has specialized in the development, production and installation of full-line pig farms, cattle housing, poultry equipment, animal feed milling, grain storage and handling, and seed cleaning and processing.
Major Challenges Posed by COVID-19 Pandemic
The COVID-19 pandemic considerably impacted the global agricultural air conditioner industry between 2020 and 2021. Restrictions imposed by the respective governments, including lockdowns and manufacturing halt, led to major disruptions in the supply-chain sector. Widespread delays were witnessed owing to supply chain and logistics uncertainty. Due to lack of workforce, and unavailability of raw materials led to a production halt which negatively impacted the market.
The market for agricultural air conditioners significantly declined as important end-use sectors experienced severe disruption. For instance, the suspension of material transportation activities had a significant effect on the demand for agricultural air conditioners. Despite these effects, the worldwide market is anticipated to rebound significantly in the years to come because to the relaxation of COVID-19 regulations and increased investments from top industry participants.
Major Upcoming Trends in the Industry
Container farming has been attracting several suppliers using insulated shipping containers for climate-controlled agriculture cultivation. These containers which are insulated are specifically designed to hold a variety of fruits and vegetables. They are also equipped with environmental control systems that allow them to grow a diverse range of fruits, vegetables and flowers in a variety of environments and temperatures. This type of farming permits the harvesting of vegetables and fruits close to demand centers. This innovation is anticipated to have a positive impact on the agricultural air conditioner market growth.