Climate Control Agriculture Market was valued at $ 74.49 Billion in 2020 and is projected to reach $ 292.37Billion in 2028, growing at a CAGR of 18.7% during the forecast period 2021-2028

The global climate-control agriculture market size reached USD 74.49 Billion in 2020 and is expected to register a revenue CAGR of 18.7%, during the forecast period, according to latest analysis by Emergen Research. Rising global demand for food as well as technological advancements in farming methods are some of the major factors driving global climate-control agriculture market revenue growth. Revenue growth of the market is also expected to be driven by rising demand for local and organically grown foods.

As technological advancements are increasing, emerging technologies are being steadily adopted by farmers in order to maximize crop yield. More advanced hydroponic lights have been invented in recent years, popularly known as grow lights (HID lights) that help in indoor gardening due to ability to supply the proper spectrum to crops, which is driving revenue growth of the global climate-control agriculture market.

 Key   Climate Control Agriculture Market participants include Pentair Aquatic Eco-Systems, Inc., Everlight Electronics Co. Ltd., Illumitex Inc., Aerofarms AGX Ltd., American Hydroponics (Amhydro), Innovation Agri-Tech Group, Green Sense Environment Solution LLC., Fresh Box SP ZO. O, Grow Pod Solutions, LLC, and Nelson and Pade, Inc.

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The coronavirus outbreak has led to drastic changes in the current   Climate Control Agriculture Market business landscape, limiting the growth opportunities for various manufacturers and buyers for the next few years. Besides making speculations about the market's post-COVID-19 scenario, the report discusses its existing situation. The report eventually offers conclusive data related to the   Climate Control Agriculture Market growth assessed on both regional and global levels.

Research Methodology

Emergen Research follows a cohesive methodology to reduce the residual errors to a minimum level by refining the scope, validating through primary insights, and nurturing the in-house database on a regular basis. A dynamic model is formulated to capture the regular fluctuations in the market and thereby, being updated with any shifts in the market dynamics. The parameters and variables involved in the research vary depending on individual markets and most importantly, both demand and supply side information is included in the model to identify the market gap.

Key inclusions of the   Climate Control Agriculture Market report:

COVID-19 effects on growth figures.

Statistical analysis pertaining to market size, sales volume, and overall industry revenue.

Organized mentions of major market trends.

Growth opportunities.

Figures showcasing market growth rate.

Advantages and disadvantages of direct and indirect sales channels.

Insights regarding traders, distributors, and dealers present in the industry.

To get leading market solutions, visit the link below: https://www.emergenresearch.com/industry-report/climate-control-agriculture-market

Some Key Highlights from the Report :

Tomato segment revenue is expected to expand at a significantly rapid CAGR during the forecast period due to the wide range of uses of tomatoes and ability to be produced in large volumes. Fruits are eaten either raw or in a cooked form, and these contain vitamins such as A and C that are enriched with antioxidants.

Aquaponics segment is expected to register a significantly robust revenue growth rate over the forecast period. Aquaponics is a process where both fish farming and hydroponics are taken into consideration. Aquaponics is also an efficient and environment-friendly method of cultivation. Crops grown hydroponically depend on nutrient-rich water that is removed from fish farming and this method entails around 90% less water than that used in traditional agriculture practices and methods. It is also estimated to enable 10-times higher yields per acre than soil-based farms.

Europe is expected to account for a larger revenue share than other regional markets over the forecast period due to unfavorable weather conditions, limited arable land, and use of more advanced and innovative technologies that aid in production of crops in large proportions in countries in the region. Besides, presence of some major companies such as Fresh Box SP ZO.O and others is boosting growth of the climate-control agriculture market in the region.

Emergen Research has segmented the global climate-control agriculture on the basis of crop, growing method, components, and region:

Crop Outlook (Revenue, USD Billion; 2018-2028)

Lettuce & Leafy Greens

Cucumber

Tomato

Pepper

Strawberries

Others

Growing Method Outlook (Revenue, USD Billion; 2018-2028)

Hydroponics

Aquaponics

Aeroponics

Others

Components Outlook (Revenue, USD Billion; 2018-2028)

Lighting

Growing media

Nutrients

Others

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Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
United States
Europe
China
Japan
Southeast Asia
India

We can also provide the customized separate regional or country-level reports, for the following regions:

North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa

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Some of the key questions answered in this report:

What is the size of the overall   Climate Control Agriculture Market and its segments?

What are the key segments and sub-segments in the market?

What are the key drivers, restraints, opportunities and challenges of the   Climate Control Agriculture Market and how they are expected to impact the market?

What are the attractive investment opportunities within the   Climate Control Agriculture Market ?

What is the   Climate Control Agriculture Market size at the regional and country-level?

Who are the key market players and their key competitors?

What are the strategies for growth adopted by the key players in   Climate Control Agriculture Market ?

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