The global demand for Smart Greenhouse Market is presumed to reach the valuation of nearly USD XX MN by 2026 from USD XX MN in 2019 with a CAGR of XX% under the study period of 2020 - 2026.
The smart greenhouse is self-regulating microclimate made for plant growth through an application of sensors, monitoring & control systems, actuators that automates and optimizes growth condition. It automatically captures the surrounding and provides continuous data monitoring which enables access to crop disease and infection risks. By providing crop insights, a smart greenhouse allows growers improve efficiency, minimize labor work, in resource and chemical use while optimizing yield rates.
Information and communication technologies are benefitting every sector and agriculture is no exception, but they have not been widely introduced in agriculture. The smart greenhouse market is progressing with growing development in internet technology. The farming industry is under significant pressure due to increasing population, climate change, and dwindling resources. To intensify growth, farmer adopting new technologies to their farming practices. This will boost the growth of the market. Despite visible benefits, the growth rate is predicted to be steady. This is because small farmers do not have the capital resources to spend on expensive monitoring and controlling methods. They face both internal and external challenges as far as the adoption of modern agricultural technologies is concerned.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of smart greenhouse.
The entire smart greenhouse market has been sub-categorized into type, covering material, offering, component, cultivation, and end user. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Covering Material
- Software & Services
- HVAC Systems
- LED Grow Lights
- Control Systems & Sensors
By End User
- Commercial Growers
- Research & Educational Institutes
- Retail Gardens
This section covers regional segmentation which accentuates on current and future demand for smart greenhouse market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Smart Greenhouse Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the smart greenhouse market include Argus Controls, Certhon, Rough Brothers, Greentech Agro, and Netafim. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications.
If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.