Smart Greenhouse Market

The global smart greenhouse market size is expected to reach USD 3.16 Billion in 2028 and register a steady CAGR over the forecast period, according to latest analysis by Emergen Research. Steady market revenue growth can be attributed to rapid urbanization, climate change, growing global population, and rising food demand. Rising awareness among farmers regarding the benefits of automatic monitoring and control of greenhouse environment has resulted in increasing adoption of smarter greenhouse automation systems and techniques in the recent past. 

The report has been formulated through extensive primary and secondary research along with a breakdown of the information to offer an exhaustive analysis of the Smart Greenhouse market. The data includes accurate market insights, essential market facts, and key statistical information further validated by the industry experts that help readers get a complete idea of the Smart Greenhouse industry.

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Some Key Highlights From the Report

  • In July 2020, Netafim USA enhanced its Digital Farming solution offering with the addition of Industry leading soil sensor technology of Sentek. The agreement is expected to help in the integration of Automated Irrigation Control, Fertigation, and Crop Protection Solutions of Netafim, with the Industry’s Leading Precision Soil Moisture Management Technologies.
  • Hydroponics segment accounted for largest revenue share in 2020. Unfavorable weather conditions and increasing need to feed a growing population has resulted in rising utilization of hydroponic technology to mitigate impending food shortage.
  • Asia Pacific accounted registered fastest revenue growth that other regional markets in the global smart greenhouse market in 2020. Increasing government initiatives favoring adoption of Controlled Environment Agriculture (CEA) practices to increase crop yield and quality is contributing to steady growth of the smart greenhouses market in the region.
  • Major players in the market include Argus Control, Certhon, Rough Brothers, GreenTech Agro LLC, Netafim, Sensaphone, Cultivar, Heliospectra AB, LumiGrow, and Desert Growing.

Smart Greenhouse Market Segmentation:

Emergen Research has segmented the global smart greenhouse market on the basis of type, component, end-use, and region:

  • Type Outlook (Revenue, USD Billion; 2018–2028)
    • Hydroponics
    • Non-hydroponics
  • Component Outlook (Revenue, USD Billion; 2018–2028)
    • LED Grow Lights
    • HVAC System
    • Sensors & Control System
    • Irrigation System
    • Others      
  • End-use Outlook (Revenue, USD Billion; 2018–2028)
    • Research & Educational Institutes
    • Commercial Growers
    • Retail Gardens
    • Others     

Regional Segmentation of the Market:

  • North America (U.S.., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Major Objectives of the Study:

  • To offer a comprehensive analysis of the market scenario to derive an accurate forecast of the market and its major segments
  • Accurate insights into the future growth prospects of the market through an analysis of the influencing factors
  • Analysis of vital aspects of the market including cost analysis, supply chain analysis, Porter’s Five Forces analysis, SWOT analysis, and investment return analysis
  • Extensive historical and forecast estimation of the market revenue based on its key segments and key regions
  • Comprehensive analysis of the competitive landscape of the market along with exhaustive profiling of the key competitors, product portfolio, and manufacturing and production capabilities

Table Of Content:

Chapter 1. Methodology & Sources
    1.1. Market Definition
    1.2. Research Scope  
    1.3. Methodology
    1.4. Research Sources
          1.4.1. Primary
          1.4.2. Secondary
          1.4.3. Paid Sources
    1.5. Market Estimation Technique
Chapter 2. Executive Summary
    2.1. Summary Snapshot, 2021-2028
Chapter 3. Key Insights
Chapter 4. Smart Greenhouse Market Segmentation & Impact Analysis
    4.1. Smart Greenhouse Market Material Segmentation Analysis
    4.2. Industrial Outlook
          4.2.1. Market indicators analysis
          4.2.2. Market drivers analysis
                    4.2.2.1. Increasing demand for food owing to growth in global population
                    4.2.2.2. Rising adoption of IoT and AI in agriculture sector
                    4.2.2.3. Growing trend in indoor farming practices
                    4.2.2.4. Increasing government initiatives 
          4.2.3. Market restraints analysis 
                    4.2.3.1. High initial investment
    4.3. Technological Insights 
    4.4. Regulatory Framework
    4.5. Porter’s Five Forces Analysis
    4.6. Competitive Metric Space Analysis
    4.7. Price trend Analysis
    4.8. Covid-19 Impact Analysis

Chapter 5. Smart Greenhouse Market By Type Insights & Trends, Revenue (USD Billion)
    5.1. Type Dynamics & Market Share, 2021 & 2028
          5.1.1. Hydroponics
          5.1.2. Non-hydroponics  

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Contact Information:

Contact Us:

Eric Lee

Corporate Sales Specialist

Emergen Research | Web: www.emergenresearch.com

Direct Line: +1 (604) 757-9756

E-mail: sales@emergenresearch.com

Facebook | LinkdIn | Twitter | Blogs