Smart Greenhouse Market: Key Facts and Forecast Predictions Presented and Forecast: 2022-2031

Smart Greenhouse is a self-monitoring and self-regulating, micro-climatically controlled environment for ideal plant growth. Even slight variations in these conditions generate automated actions that evaluate change and take corrective action and thus, maintaining ideal conditions for plant growth.

Smart greenhouse is a concept of greenhouse that cultivates crops without human intervention. Smart greenhouse uses various microprocessors and sensors to perform functions like controlling temperature and irrigation system. Increase in popularity of organic food across the world and surge in adoption of IoT and AI by farmers and agriculturists drive the expansion of the market. Moreover, simple crop monitoring and harvesting fuels the market growth. However, high investment costs due to deployment of pricy systems in smart greenhouses hamper the expansion of the market. Furthermore, rise in adoption of vertical farming technology and increase in public-private partnership within the agriculture sector are expected to supply lucrative opportunities for the market growth.

The global Smart Greenhouse market is segregated on the basis of Technology as Valves and Pumps, Control Systems, Sensors and Cameras, HVAC Systems, LED Grow Lights, Irrigation Systems, Material Handling Equipment, and Other Technologies. Based on Type the global Smart Greenhouse market is segmented in Non-Hydroponic and Hydroponic.

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The global Smart Greenhouse market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Smart Greenhouse market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.

Competitive Rivalry

Certhon, Logiqs, Greentech Agro LLC, Netafim, International Greenhouse Company, Kheyti, Growlink, Prospera Technologies, Heliospectra, Lumigrow, and others are among the major players in the global Smart Greenhouse market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.

The Smart Greenhouse Market has been segmented as below:

Smart Greenhouse Market, By Technology

Valves and Pumps
Control Systems
Sensors and Cameras
HVAC Systems
LED Grow Lights
Irrigation Systems
Material Handling Equipment
Other Technologies

Smart Greenhouse Market, By Type

Non-Hydroponic
Hydroponic

Smart Greenhouse Market, By Region

North America
Europe
Asia-Pacific
Rest of the World

Smart Greenhouse Market, By Company

Certhon
Logiqs
Greentech Agro LLC
Netafim
International Greenhouse Company
Kheyti
Growlink
Prospera Technologies
Heliospectra
Lumigrow

The report covers:

Global Smart Greenhouse market sizes from 2015 to 2024, along with CAGR for 2018-2024
Market size comparison for 2017 vs 2024, with actual data for 2017, estimates for 2018 and forecast from 2019 to 2024
Global Smart Greenhouse market trends, covering comprehensive range of consumer trends & manufacturer trends
Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Smart Greenhouse market
Major market opportunities and challenges in forecast timeframe to be focused
Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
Comprehensive company profiles of the key industry players

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Report Scope:

The global Smart Greenhouse market report scope includes detailed study covering underlying factors influencing the industry trends.

The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.

The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Smart Greenhouse market share. Major industry players with significant revenue share include Certhon, Logiqs, Greentech Agro LLC, Netafim, International Greenhouse Company, Kheyti, Growlink, Prospera Technologies, Heliospectra, Lumigrow, and others.

Reasons to Buy this Report:

Gain detailed insights on the Smart Greenhouse industry trends
Find complete analysis on the market status
Identify the Smart Greenhouse market opportunities and growth segments
Analyse competitive dynamics by evaluating business segments & product portfolios
Facilitate strategy planning and industry dynamics to enhance decision making

Some of the recent Developments in Smart Greenhouse market are as follows:

Prospera Technologies

9 July 2020- Bayer partners with Prospera Technologies Inc. to grow integrated digital solutions for vegetable greenhouse growers.

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