Smart Greenhouse Market Projected to Deliver Greater Revenues during the Forecast Period

SDKI Inc. published a new report on "Smart Greenhouse Market-Global Forecast 2030". This study includes the statistical and analytical approaches needed to grow the smart greenhouse market. The key industry insights provided in the report provide readers with better ideas about market overviews regarding existing market scenarios. In addition, the report contains a detailed discussion of current and future market trends related to market growth.

Report sample URL
https://www.sdki.jp/sample-request-109545

The smart greenhouse market is estimated to grow from a market value of approximately US $ 1.8 billion in 2022 to approximately US $ 4.1 billion by 2030, with a CAGR of 12.6% during the forecast period.

Key factors driving market growth include favorable government regulations and incentives associated with smart greenhouse lighting technology, and high food demand due to significant population growth. In addition, trends in indoor farming due to changing consumer preferences are also expected to contribute to market growth. Players in the smart greenhouse market will create a variety of growth opportunities, including the need for emerging vertical farming technologies and energy-efficient lighting technologies. However, the integration of various smart greenhouse technologies such as lighting, HVAC, control, irrigation systems, bulbs, and the high cost of smart greenhouse systems can hinder the growth of this market.

Market Segments

The smart greenhouse market is divided by type (hydroponics and non-hydroponics), technology (HVAC, LED growing lights, irrigation systems, material handling, valves, control systems, sensors and cameras), and by region. increase. These segments are further subsegmented based on various factors and consist of some additional information about the market, such as the combined annual growth rate of each segment and subsegment, the market value and volume of the valuation period.

Based on the type, the hydroponic segment is expected to grow at a high rate during the forecast period.

Hydroponics is a technique for growing plants that are used in areas where the soil is limited, absent, or contaminated. This technique uses a container or a specially designed grooved bench to allow the plant to be suspended in water. Hydroponic cultivation systems often use materials such as sand, pebbles, and sawdust as substrates with high water retention capacity. The roots grow within the substrate and anchor the plant in a trough or container. Recently, controlled environmental agriculture (CEA) and hydroponics have become popular due to the advancement of greenhouse structures and the affordability of technologies that support plant growth. Hydroponics has the advantages of lower water consumption, no need for soil, more effective use of space, effective use of nutrients, and less pests than soil-based horticultural cultivation. These factors are expected to contribute to the growth of this segment.

Regional Overview

The smart greenhouse market is further subdivided based on the region, and the market growth of each country is evaluated. These include North America (US, Canada, and other North America), Europe (Germany, France, Italy, Spain, United Kingdom, and other Europe), Asia Pacific (China, Japan, India, Australia, and other Asia Pacific). ) And other regions.

The Asia Pacific smart greenhouse market is expected to grow at a high rate during the forecast period. Population growth is the driving force behind the increasing adoption of greenhouse effect automation technologies in the Asia Pacific. Development has been witnessed primarily in countries such as Japan, Australia and New Zealand. Chinese market players are also introducing advanced cultivation techniques such as CEA and hydroponics to increase yields. Population growth requires the use of advanced technology that enables the supply of fresh fruits and vegetables. As a result, market players are beginning to adopt automation technology in their greenhouses in order to make a high return on their investment in Asia Pacific.

Key Players in the Market

The key players in the smart greenhouse market are Heliospectra (Sweden), LumiGrow (USA), Rough Brothers (USA), Nexus Corporation (USA), Argus Control Systems (Canada), Certhon (Netherlands). , Logiqs (Netherlands), Greentech Agro (USA), Netafim (USA), and International Greenhouse Company (USA). The survey includes a detailed competitive analysis of these major companies in the smart greenhouse market, corporate profiles, recent developments, and key market strategies.

Detailed contents of the survey report
https://www.sdki.jp/reports/smart-greenhouse-market/109545

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This release was published on openPR.