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Top Market Shifts Transforming the Environment Controllers Market For Agricultural Greenhouse Market Landscape: Key Insights
Environment Controllers Market For Agricultural Greenhouse
What Is the Expected CAGR for the Environment Controllers Market For Agricultural Greenhouse Market Through 2025?
Over the past few years, the market for environmental controllers in the agricultural greenhouse industry has seen substantial growth. The market size is projected to increase from $5.31 billion in 2024 to $5.62 billion in 2025, reflecting a compound annual growth rate (CAGR) of 5.8%. This growth trend in the past can be accredited to factors such as the amplified demand for controlled environment agriculture (CEA), escalating population and concerns over food security, the drive to optimize crop yield and quality, efforts towards resource efficiency and sustainability, along with government backing and incentives.
What's the Projected Size of the Global Environment Controllers Market For Agricultural Greenhouse Market by 2029?
The market size for environmental controllers for the agricultural greenhouse sector is projected to experience robust growth in the coming years. The market is anticipated to reach a value of $7.79 billion in 2029, with a Compound Annual Growth Rate (CAGR) of 8.5%. This growth during the forecasted period can be ascribed to strategies for adapting to climate change, precision farming and intelligence-based agriculture, an increasing emphasis on indoor cultivation, a global shift towards sustainable farming, market-led innovation, and personalization. Noteworthy trends for the projected period encompass the execution of climate control strategies, automation of water management and irrigation systems, incorporation of sustainable practices, concentration on user-friendly interfaces, and remote surveillance and regulation via mobile devices.
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Top Growth Drivers in the Environment Controllers Market For Agricultural Greenhouse Industry: What's Accelerating the Market?
The surge in investments for vertical farming is predicted to fuel the expansion of the environment controllers' market within the agricultural greenhouse sector. Employing artificially-lit, environment-controlled vertical stacks or layers for crop growing, vertical farming efficiently utilizes vertical space and supplies nutrients. Environment control systems in such setups facilitate optimal plant growth conditions by managing multiple factors such as temperature, carbon dioxide and oxygen levels, illumination, humidity, nutrient proportion, pH, pest control, watering, and harvest timings to enhance crop yields. For instance, in March 2023, Al-Monitor, LLC, an American newsroom, released a report about the unveiling of a new vertical farm initiative in Saudi Arabia and the broader Middle East and North Africa region. This project, a joint venture with Aero Farms, an American indoor sustainable agriculture firm, was prompted by the rising population and shrinking arable land and set an annual crop yield target of 1.1 million kilograms (2.4 pounds). This uptick in vertical farming investment is therefore, accelerating the growth of the environment controllers market inside the agricultural greenhouse sector.
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Which Fast-Growing Trends Are Poised to Disrupt the Environment Controllers Market For Agricultural Greenhouse Market?
Technological progression is a growing trend in the environmental controller's space for the agricultural greenhouse market. Businesses in the environmental management for agricultural greenhouse markets are leveraging novel technology to maintain their competitive edge. An example is Certhon B.V., a Dutch firm specializing in greenhouse construction and technological solutions. It unveiled SupriSun, unique screens and adjustable LED lighting designed to regulate light levels for indoor farming, in November 2022. SupriSun features unique screens and adjustable LED lighting, complete with climate systems and dehumidification to regulate light intensity and control ensuring energy efficiency for indoor horticulture. Furthermore, the plant's environmental settings can be accurately maintained to meet the plant's requirements while continuing to harness sunlight for heat and light in the greenhouse.
What Are the Main Segments in the Environment Controllers Market For Agricultural Greenhouse Market?
The environment controllers market for agricultural greenhouse market covered in this report is segmented -
1) By Farming Type: Hydroponics, Greenhouse, Indoor Gardening, Urban Agriculture, cannabis* Home Growers, Other Farming Types
2) By Application: Indoor, Outdoor
3) By End-User: Small Scale, Medium Scale, Large Scale
Subsegments:
1) By Hydroponics: Nutrient Film Technique (NFT), Deep Water Culture (DWC), Ebb And Flow, Drip System
2) By Greenhouse: Polyethylene Greenhouses, Glass Greenhouses, Shade Houses
3) By Indoor Gardening: Vertical Farming, Container Farming, Home Indoor Gardens
4) By Urban Agriculture: Rooftop Farming, Community Gardens, Vertical Urban Farms
5) By cannabis* Home Growers: Personal Home Cultivation, Indoor cannabis* Growing Systems
6) By Other Farming Types: Aquaponics, Organic Farming
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Which Top Companies are Driving Growth in the Environment Controllers Market For Agricultural Greenhouse Market?
Major companies operating in the environment controllers market for agricultural greenhouse market include 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.
Which Regions Will Dominate the Environment Controllers Market For Agricultural Greenhouse Market Through 2029?
Europe was the largest region in the environment controllers market for the agricultural greenhouse market in 2024. 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
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