Global Smart Greenhouse Industry

Global Smart Greenhouse Industry

  • October 2019 •
  • 145 pages •
  • Report ID: 5799643 •
  • Format: PDF
Smart Greenhouse market worldwide is projected to grow by US$1.6 Billion, driven by a compounded growth of 12.7%. Hydroponic, one of the segments analyzed and sized in this study, displays the potential to grow at over 13.4%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$1.8 Billion by the year 2025, Hydroponic will bring in healthy gains adding significant momentum to global growth.

- Representing the developed world, the United States will maintain a 13.7% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$63.5 Million to the region’s size and clout in the next 5 to 6 years. Over US$76.9 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Hydroponic will reach a market size of US$131.3 Million by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 12.5% over the next couple of years and add approximately US$283.9 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

- Competitors identified in this market include, among others, Argus Control Systems Ltd.; Certhon Build B.V.; Cultivar Ltd.; Desert Growing; Growlink; Heliospectra AB; International Greenhouse Company; Kheyti; Logiqs B.V.; LumiGrow, Inc.; Motorleaf; Netafim Ltd.; Nexus Corporation; Prospera Technologies Ltd.; Rough Brothers, Inc.; Sensaphone