Press release
Smart Greenhouse Market is expected to showcase significant growth by 2027 - Leading Key Players Argus Control Systems, Certhon Build, Greentech Agro, Heliospectra and Nexus
Smart Greenhouse Market
The smart greenhouses offer self-regulating, micro-climate controlled environment for optimal plant growth. The different climatic conditions such as humidity, temperature, soil moisture, and others inside the greenhouse are monitored continuously. Smart greenhouses are equipped with sensors and actuators as key elements for this purpose. The advent of IoT and connected technologies and key developments by the companies further portray a favorable landscape for the smart greenhouse market in the coming years.
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The smart greenhouse market is anticipated to grow in the forecast period owing to driving factors such as changing consumer preferences leading to the emerging trend of indoor farming along with increased demand for food for the growing population. Also, favorable government regulations and incentives related to smart greenhouse lighting technology are further likely to propel the market growth. On the other side, the rapidly rising vertical farming technology is expected to showcase significant growth opportunities for the smart greenhouse market during the forecast period.
The global smart greenhouse market is segmented on the basis of type and technology. Based on type, the market is segmented as hydroponic and non-hydroponic. On the basis of the technology, the market is segmented as HVAC, LED grow lights, irrigation systems, material handling systems, control systems, valves and pumps, sensors and cameras, and others.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global smart greenhouse market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The smart greenhouse market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting smart greenhouse market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the smart greenhouse market in these regions.
The reports cover key developments in the smart greenhouse market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from smart greenhouse market are anticipated to lucrative growth opportunities in the future with the rising demand for smart greenhouse in the global market. Below mentioned is the list of few companies engaged in the smart greenhouse market.
The Prominent/Emerging Players in the Smart Greenhouse Market Research include:
- Argus Control Systems Limited
- Certhon Build B.V.
- Greentech Agro LLC
- Heliospectra AB
- International Greenhouse Company
- LOGIQS B.V.
- LumiGrow, Inc.
- Netafim Limited
- Nexus Corporation
- Rough Brothers, Inc.
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Key Elements that the report acknowledges:
o Market size and growth rate during forecast period.
o Key factors driving the Smart Greenhouse Market.
o Key market trends cracking up the growth of the Smart Greenhouse Market.
o Challenges to market growth.
o Key vendors of Smart Greenhouse Market.
o Detailed SWOT analysis.
o Opportunities and threats faces by the existing vendors in Global Smart Greenhouse Market.
o Trending factors influencing the market in the geographical regions.
o Strategic initiatives focusing the leading vendors.
o PEST analysis of the market in the five major regions.
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