Press release
Environment Controllers Market For Agricultural Greenhouse Market Size, Top key Players, Share Analysis By 2033
"The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.Environment Controllers Market For Agricultural Greenhouse Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $7.5 billion In 2028 At A CAGR Of 8.6% :
The environment controllers market for agricultural greenhouse market size has grown strongly in recent years. It will grow from $5 billion in 2023 to $5.4 billion in 2024 at a compound annual growth rate (CAGR) of 8.0%. The growth in the historic period can be attributed to increased demand for controlled environment agriculture (cea), rise in population and food security concerns, optimization of crop yield and quality, resource efficiency and sustainability, government support and incentives..
The environment controllers market for agricultural greenhouse market size is expected to see strong growth in the next few years. It will grow to $7.5 billion in 2028 at a compound annual growth rate (CAGR) of 8.6%. The growth in the forecast period can be attributed to climate change adaptation strategies, precision agriculture and smart farming, increasing focus on indoor farming, global trend towards sustainable agriculture, market-driven innovation and customization.. Major trends in the forecast period include implementation of climate control strategies, water management and irrigation automation, integration of sustainable practices, focus on user-friendly interfaces, remote monitoring and control through mobile devices..
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Environment Controllers Market For Agricultural Greenhouse Market Major Segments
The environment controllers market for agricultural greenhouse market covered in this report is segmented -
1) By Farming Type: Hydroponics, Greenhouse, Indoor Gardening, Urban Agriculture, Cannbis Home Growers, Other Farming Types
2) By Application: Indoor, Outdoor
3) By End-User: Small Scale, Medium Scale, Large Scale
Key Driver - Rising Investment In Vertical Farming Boosts Growth Of Environment Controllers For The Agricultural Greenhouse Market
Increasing investment in vertical farming is expected to propel the growth of the environment controllers' market for the agricultural greenhouse market going forward. Vertical farming is a method of growing crops in vertically stacked layers or shelves, using artificial lighting and controlled environmental conditions, and nutrient supply by utilizing vertical space. Environment controller systems aid in the creation of ideal growing conditions for plants in vertical farming, where temperature, carbon dioxide, oxygen, lighting, humidity, nutrient content, pH, insect control, watering, and harvesting are all factors to consider to increase the yield. For instance, in March 2023, the report published by Al-Monitor, LLC, a US-based newsroom, the Saudi Public Investment Fund unveiled a new vertical farming project in Saudi Arabia and abroad in the Middle East and North Africa in conjunction with Aero Farms, a US-based sustainable indoor agricultural company due to increasing population and decreasing arable land, it established a crop production target of 1.1 million kilograms (2.4 pounds) per year. Therefore, the increasing investment in vertical farming is driving the growth of the environment controllers market for the agricultural greenhouse market.
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Prominent Trend - Technological Advancements In The Environment Controllers For The Agricultural Greenhouse Market
Technological advancements are a key trend gaining popularity in the environment controllers market for the agricultural greenhouse market. Companies operating in the environment controllers' market for agricultural greenhouse market are adopting new technologies to sustain their position in the market. For instance, in November 2022, Certhon B.V., a Netherlands-based greenhouse construction and technology solutions company launched SupriSun, distinctive screens and dimmable LED illumination to manage the amount of light for indoor farming. SupriSun has one-of-a-kind screens and customizable LED illumination with climate systems and dehumidification to manage the amount of light with uniformity and controllability of the light to provide an energy-efficient alternative for indoor gardening. Additionally, the growth environment can be precisely managed, the plant's needs can be addressed, and the greenhouse can continue to benefit from the sun's heat and light.
Environment Controllers Market For Agricultural Greenhouse Market Players
Major companies operating in the environment controllers market for agricultural greenhouse market report are Smart Bee Technologies LLC, TrolMaster Agro Instruments Co. Ltd., Grow-Link Inc., Trotec GmbH, Argus Control Systems, Priva Holding B.V., Heliospectra AB, Netafim Ltd., LumiGrow Inc., Rough Brothers Inc., Certhon B.V., Link Corporation, Climate Control Systems Inc., Pure Hydroponics Pty Ltd., Redpath Pacific Ltd., Greentech Agro LLC, Hort Americas LLC, GrowSpan Greenhouse Structures, Nexus Greenhouse Systems, Agra Tech Inc., Agroponic Industries, American Hydroponics Inc., Atlas Manufacturing Inc., CropKing Inc., Custom Agricultural Intelligence Inc., Dosatron International Inc., Dramm Corporation, Emerald Kingdom Greenhouse, Everlight Electronics Co. Ltd., Greenhouse Megastore, Growers Supply, Hydrofarm Holdings Group Inc., Sunlight Supply Inc.
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Largest And Fastest Growing Region In The Market
Europe was the largest region in the environment controllers market for agricultural greenhouse market in 2023. The regions covered in the environment controllers market for agricultural greenhouse market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Environment Controllers Market For Agricultural Greenhouse Market Report Structure
3. Environment Controllers Market For Agricultural Greenhouse Market Trends And Strategies
4. Environment Controllers Market For Agricultural Greenhouse Market - Macro Economic Scenario
5. Environment Controllers Market For Agricultural Greenhouse Market Size And Growth
…..
27. Environment Controllers Market For Agricultural Greenhouse Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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