According to Stratistics MRC, the Global Smart Greenhouse Market is accounted for $1.31 billion in 2019 and is expected to reach $3.05 billion by 2027 growing at a CAGR of 11.2% during the forecast period. Some of the factors such as the rising number of government initiatives to promote the adoption of smart agricultural practices and growing demand for food owing to continuously increasing global population are propelling the market growth. However, high investment costs owing to the deployment of expensive systems in smart greenhouses are hampering the market growth.
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By geography, the Asia Pacific is going to have a lucrative growth during the forecast period due to its continuously increasing population, thereby leading to a rising demand for food from the region. This has led to an increase in the adoption of advanced technologies such as smart greenhouses to enable the supply of fresh fruits and vegetables throughout the year. The growers in China have also introduced advanced growing techniques such as CEA and hydroponics to increase their yields.
Some of the key players profiled in the Smart Greenhouse Market include Cultivar, Certhon, Argus Controls, Lumigrow, Inc., Heliospectra AB, Hort Americas, Rough Brothers, Netafim, Greentech Agro LLC, Sensaphone, Logiqs, Nexus Corporation, International Greenhouse Company, Kubo, and Agrowtek Inc.
Covering Material Types Covered:
• Polycarbonate
• Polyethylene
Technologies Covered:
• Control Systems & Sensors
• Heating, Ventilating and Air Cooling (HVAC) Systems
• LED Grow Lights
• Irrigation System
• Automated Pumps, Valves and Fittings
• Communication System
• Material Handling Equipment
• Cameras
• Lighting System
• Climate Control Services
• Breeding Acceleration by Computer Control
Types Covered:
• Non-hydroponics
• Hydroponics
Offerings Covered:
• Software
• Hardware
• Services
Crops Covered:
• Vegetables
• Tree Seedlings
• Flowers & Ornamentals
• Fruit Plants
• Nursery Crops
End Users Covered:
• Retail Gardens
• Commercial Growers
• Research & Educational Institutes
• Agriculture
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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