The smart greenhouse market is projected to grow at a CAGR of 9.2 from 2020 to 2025. The smart greenhouse market is projected to reach USD 2.1 billion by 2025 from USD 1.4 billion in 2020; it is expected to grow at a CAGR of 9.2% from 2020 to 2025. The smart greenhouse market in APAC is projected to grow at the highest CAGR during the forecast period. The growth of the market in APAC can be attributed to the continuously increasing population of the region, thereby leading to rising demand for food. 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 controlled-environment agriculture (CEA) and hydroponics to increase their yields. Moreover, high pressure to improve agricultural yields with limited available resources and increased requirements to protect crops from unexpected climatic changes are also expected to increase the adoption of smart greenhouses in APAC during the forecast period. The major restraints for the growth of the market are high investment costs owing to the deployment of expensive systems in smart greenhouses. The absence of industry standards for managing farm data and the difficulty in integration of different components and technologies used in smart greenhouses act as major challenges for the growth of the market.
The hardware segment projected to hold a large share of the smart greenhouse market during the forecast period. Hardware devices such as HVAC systems, LED grow lights, sensors, irrigation systems, and control systems used in smart greenhouses are gaining popularity across the world.HVAC systems are installed in greenhouses for regulating their internal temperature.
Supplemental lighting is used in smart greenhouses to stimulate plant growth during cloudy or low-light conditions.LED grow lights are emerging as a popular technology for supplemental lighting in smart greenhouses.
They are proving to be the best lighting systems owing to their compact design, adjustable light spectrum, and cool and directional light emissions.Irrigation systems are installed in smart greenhouses for watering plants at regular intervals, and material handling equipment are used for transporting yields from smart greenhouses to destinations.
HVAC systems enable heating and cooling inside smart greenhouses, along with ventilation.
Among end users, the commercial growers segment to hold the largest share of the smart greenhouse market from 2020 to 2025. Commercial greenhouses are high-tech structures, which provide stable, highly controlled environments for the cultivation of plants, such as flowers, vegetables, and fruits to commercial growers.Environmental factors such as temperature, light exposure, irrigation, fertilization, humidity, and ventilation can be precisely controlled by growers in smart greenhouses for the optimal growth of crops.
Commercial smart greenhouses enable the cultivation of plants in large volumes for commercial growers. These greenhouses maintain mid-to-high temperature (often between 45°F and 100°F, depending on plants being cultivated or the season of the year) using glass or plastic materials to enable the transmission of visible and near-visible ultraviolet (UV) and infrared radiation (IR).
Europe projected to hold the largest share of the smart greenhouse market during the forecast period. The agriculture sector in Europe is highly professional and technologically advanced.This region has the strongest economies in the world and widespread industries, leading to its increased capital investment capabilities.
Countries such as the Netherlands, Spain, and Italy have large areas under greenhouse cultivation.However, in Spain, growers mostly cultivate their plants in simple tunnel-like greenhouses without using any climate control technologies.
The farmers in Europe have already adopted the concept of smart greenhouses.A large number of smart greenhouse projects are being carried out in the region.
For instance, Certhon has completed 38 smart greenhouse projects in Europe.
Breakdown of profiles of primary participants: • By Company Type: Tier 1 = 50%, Tier 2 = 30%, and Tier 3 = 20% • By Designation: C-level Executives = 35%, Directors = 30%, and Others = 35% • By Region: North America = 40%, Europe = 25%, APAC = 20%, and RoW = 15%
Nexus Corporation (Nexus, US), Argus Control Systems Limited (Argus Controls, Canada), Certhon (Certhon, Netherlands), Rough Brothers, Inc. (Rough Brothers, US), GreenTech Agro LLC (GreenTech Agro, US), Netafim (Netafim, Israel), Sensaphone (Sensaphone, US), Cultivar Ltd. (Cultivar, UK), Heliospectra AB (Heliospectra, Sweden), and LumiGrow (LumiGrow, US) are a few major players in the smart greenhouse market.
Research Coverage: This report segments the smart greenhouse market based on type, covering material type, offering, component, cultivation, and end user. The report gives a detailed view of the market across 4 main regions: North America, Europe, APAC, and RoW.
Reasons to Buy the Report: • This report includes statistics pertaining to the smart greenhouse market based on type, covering material type, offering, component, cultivation, end user, and region, along with their respective market sizes • Major drivers, restraints, opportunities, and challenges for the smart greenhouse market have been provided in detail in this report • The report includes illustrative segmentation, analysis, and forecast for the smart greenhouse market based on its segments and subsegments
Our reports have been used by over 10K customers, including:
Agriculture Equipment Market Research Report by Product Type (Air Seeders, Grain Drills, Harvesters, Hay and Forage Equipment, and Irrigation and Crop Processing), by Application (Harvesting & Threshing, Land Development & Seed Bed Preparation, Plant Protection, Post-harvest & Agro Processing, and Sowing & Planting) - Global Forecast...
184 pages •
By Global Industry Analysts
• Jul 2020
Global Smart Greenhouse Market to Reach US$3 Billion by the Year 2027 Amid the COVID-19 crisis, the global market for Smart Greenhouse estimated at US$1.4 Billion in the year 2020, is projected to reach a revised size of US$3 Billion by 2027, growing at a CAGR of 11.9% over the period 2020-2027.Hydroponic, one of the segments analyzed...
Commercial Greenhouse Market Research Report by Type (Glass and Plastic), by Equipment (Cooling Systems and Heating Systems), by Crop Type - Global Forecast to 2025 - Cumulative Impact of COVID-19 The Global Commercial Greenhouse Market is expected to grow from USD 27,513.63 Million in 2019 to USD 46,475.63 Million...
The report on the global smart greenhouse market provides qualitative and quantitative analysis for the period from 2018 to 2026. The report predicts the global smart greenhouse market to grow with a CAGR of 12.1% over the forecast period from 2020-2026. The study on smart greenhouse market covers the analysis of the...
Hydroponic and Non hydroponic Smart Greenhouse Market Size Analysis and Outlook to 2026- Potential Opportunities, Companies and Forecasts across smart greenhouse technology across End User Industries and Countries The Hydroponic and Non hydroponic Smart Greenhouse market is one of the dynamic markets sensors technology...
With the rapid population growth and economic expansion, food security is one of the major concerns in the GCC agricultural robots market. Arid conditions in these countries act as a major restraint for the expansion of agriculture activities. >90% of the total land is uncultivable, which results in increased dependency on external resources....
Affected by insufficient demand for traditional products, adjustment of purchase subsidy policies, and lower prices of grain crops, China’s agricultural machinery sales remain a downward trend. In 2019, the total revenue of agricultural machinery enterprises (each with annual revenue over RMB20 million) nationwide was RMB 246.467 billion,...
379 pages •
By Global Industry Analysts
• Jul 2020
Global Commercial Greenhouse Market to Reach US$43.8 Billion by the Year 2027 Amid the COVID-19 crisis, the global market for Commercial Greenhouse estimated at US$26.4 Billion in the year 2020, is projected to reach a revised size of US$43.8 Billion by 2027, growing at a CAGR of 7.5% over the analysis period 2020-2027.Heating Systems,...
279 pages •
By Global Industry Analysts
• Jul 2020
Global Gardening and Agriculture Equipment Market to Reach US$44.6 Billion by the Year 2027 Amid the COVID-19 crisis, the global market for Gardening and Agriculture Equipment estimated at US$35.5 Billion in the year 2020, is projected to reach a revised size of US$44.6 Billion by 2027, growing at a CAGR of 3.3% over the analysis period...
Agriculture Equipment Market by Type (Tractors, Harvesters, Soil Preparation & Cultivation, Irrigation & Crop Processing, Agriculture Spraying Equipment, Hay & Forage Machines, and Others), Automation (Manual, Semi-Automatic, and Automatic Equipment), and Business (Original Equipment Manufacturers (OEMs), and Aftersales): Global Opportunity...
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.