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Smart Greenhouse Market By Type (Hydroponic and Non-Hydroponic), Component (HVAC Systems, LED Grow Lights, Irrigation System, Valves & Pumps, Sensor & Control System, and Others), and End User (Commercial Growers, Research & Educational Institutes, Retail Gardens, and Others): Global Opportunity Analysis and Industry Forecast, 2020-2027

A00838
Pages: 233
May 2020 | 5164 Views
 
Author(s) : Pramod Borasi, Shadaab Khan and Vineet Kumar
Tables: 119
Charts: 50
 

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Smart Greenhouse Market Outlook - 2027

The global smart greenhouse market size was valued at $1.37 billion in 2019 and is projected to reach $3.23 billion by 2027, growing at a CAGR of 11.4% from 2020 to 2027. Smart greenhouse is a concept of greenhouse that cultivates crops without human intervention. Crops grow without adjustment of climate or any human interference by any means for a particular period in a smart greenhouse. Smart greenhouse uses various microprocessors and sensors to perform functions such as controlling temperature and irrigation system. The key objective of smart greenhouse is to enhance the productivity of the farmers and to produce better farming outcomes. 

Increase in popularity of organic food across the globe and surge in adoption of IoT and artificial intelligence by farmers and agriculturists drive the growth of the market. In addition, ease of crop monitoring and harvesting fuels the market growth. However, high investment costs owing to deployment of expensive systems in smart greenhouses hamper the growth of the market. Furthermore, rise in adoption of vertical farming technology and increase in public-private partnership in the agriculture sector are expected to provide lucrative opportunities for the market growth.

Smart-Greenhouse-Market-2020-2027

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The hydroponics segment is expected to garner a significant share during the forecast period. Hydroponics smart greenhouse is gaining popularity owing to its capability to produce nutritious eatables in less space consumption, which is the major factor that drives the growth of smart greenhouse in this segment. However, the non-hydroponics segment is expected to grow at the highest rate during the forecast period, owing to its environment-friendly nature and surge in adoption of non-hydroponics greenhouse by various key players. This drives the smart greenhouse market growth in this segment.  

Region wise, the smart greenhouse industry was dominated by Europe in 2019 and is expected to retain its position during the forecast period. The major factors that drive the growth of the market in this region include rise in demand for organic food and increase in organic farmland in countries such as Germany, France, and the Netherlands. However, Asia-Pacific is expected to witness the highest growth rate during the forecast period due increase in presence of smart greenhouse vendors, and surge in government support in the developing countries of Asia-Pacific.

The report focuses on the growth prospects, restraints, and trends of the global smart greenhouse market analysis. The study provides Porter’s five forces analysis to understand the impact of various factors such as bargaining power of suppliers, competitive intensity of competitors, threat of new entrants, threat of substitutes, and bargaining power of buyers on the global smart greenhouse market share.

Smart Greenhouse Market
By Type

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Hydroponic segment is projected to be the most lucrative segment

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Segmentation

The smart greenhouse market is segmented on the basis of type, component, end user, and region. By type, it is bifurcated into hydroponic and non-hydroponic. By component, it is divided into HVAC Systems, LED grow lights, irrigation system, valves & pumps, sensor & control system, and others. 

Smart Greenhouse Market
By Component

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LED Grow Lights segment had a dominant position in 2019 and will maintain the lead during the forecast period

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By end user, it is classified into commercial growers, research & educational institutes, retail gardens, and others. By region, it is analyzed across North America, Europe, Asia-Pacific and LAMEA.

Smart Greenhouse Market
By End User

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Commercial Growers segment would grow at a highest CAGR of 12.7% during 2020 - 2027

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The key players profiled in the global smart greenhouse market analysis include Argus Controls, Certhon, Cultivar, Greentech Agro LLC, Heliospectra AB, Hort Americas, Lumigrow Inc., Netafim, Rough Brothers and Sensaphone. These key players have adopted various strategies such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations to increase their market penetration and strengthen their position in the industry. 

Smart Greenhouse Market
By Region

2027
Europe 
North America
Asia-pacific
Lamea

Asia-Pacific region would exhibit the highest CAGR of 12.8% during 2020 - 2027

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Top Impacting Factors

Rise in Adoption of IoT and Artificial Intelligence By Farmers and Agriculturists

Framers growing crops are increasingly becoming dependent on technology for day-to-day activities. Connected technologies such as Wi-Fi, Zigbee, additional wireless sensor, and low power wide area network technology are some of the different technologies that help farmers to efficiently execute different agriculture operations such as harvesting, purchasing, planting and inventory control. Furthermore, increase in adoption of IoT and artificial intelligence by farmers help them to monitor the crop field and automate the irrigation process. 

In addition, adoption of advance technologies has uplifted organic farming, which includes greenhouse and vertical farming and enhances the productivity. Moreover, use of IoT and artificial intelligence in greenhouse eliminates the need for constant monitoring of the crops and provides cost-effective and optimal solutions for farmers with minimal manual intervention, which boosts the growth of the market. 

Rise in Adoption of Vertical Farming

Vertical farming is a revolutionary approach used to produce food in vertically stacked layers such as in a skyscraper, used warehouse, or shipping container. It facilitates huge quantity of nutritious and quality fresh food without relying on favorable weather, high water usage, skilled labor, and high soil fertility. Furthermore, there is an increase in the demand for vertical farming owing to different factors such as optimum use of vertical space and balanced energy utilization and growing urban population which requires organic food. 

In addition, surge in adoption of technology driven vertical farming in the developing countries is expected to provide lucrative opportunity for the market growth. Moreover, increase in population leads to rise in demand–supply gap for food. Thus, the need for alternative farming techniques such as vertical farming is expected to grow in the near future.

Key Benefits For Stakeholders:

  • The study provides an in-depth analysis of the global smart greenhouse market forecast along with the current & future trends to elucidate the imminent investment pockets.

  • Information about key drivers, restraints, and opportunities and their impact analysis on the global smart greenhouse market size is provided in the report.

  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers operating in the industry.

  • The quantitative analysis of the smart greenhouse market trends from 2019 to 2027 is provided to determine the market potential.

Smart Greenhouse Market Key Segments:

By Type

  • Hydroponic 
  • Non-Hydroponic

By Component

  • HVAC Systems
  • LED Grow Lights
  • Irrigation System
  • Valves & Pumps
  • Sensor & Control System 
  • Others

By End User

  • Commercial Growers
  • Research & Educational Institutes
  • Retail Gardens  
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe 
    • Germany 
    • France
    • UK
    • Netherlands
    • Spain
    • Rest of Europe
  • Asia-Pacific 
    • China
    • Japan
    • India
    • Australia
    • Singapore
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America 
    • Middle East
    • Africa

Key Market Players:

  • Argus Controls
  • Certhon
  • Cultivar
  • Greentech Agro LLC
  • Heliospectra AB
  • Hort Americas
  • Lumigrow, Inc.
  • Netafim
  • Rough Brothers
  • Sensaphone
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools & models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings

2.1.1.Top impacting factors
2.1.2.Top investment pockets

2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key forces shaping Global smart greenhouse market

3.3.Market dynamics

3.3.1.Case Studies

3.3.1.1.Case Study 1
3.3.1.2.Case Study 2

3.3.2.Drivers

3.3.2.1.Increase in popularity of organic food
3.3.2.2.Rise in adoption of IoT and artificial intelligence by farmers and agriculturists
3.3.2.3.Ease of crop monitoring and harvesting

3.3.3.Restraint

3.3.3.1.High investment costs owing to deployment of expensive systems in smart greenhouses

3.3.4.Opportunities

3.3.4.1.Rise in adoption of vertical farming
3.3.4.2.Increase in public-private partnership in the agriculture sector

CHAPTER 4:GLOBAL SMART GREENHOUSE MARKET, BY TYPE

4.1.Overview
4.2.Hydroponics

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis, by country

4.3.Non-Hydroponic

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis, by country

CHAPTER 5:GLOBAL SMART GREENHOUSE MARKET, BY COMPONENT

5.1.Overview
5.2.HVAC

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis, by country

5.3.LED Grow Lights

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis, by country

5.4.Irrigation Systems

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market analysis, by country

5.5.Valves & Pumps

5.5.1.Key market trends, growth factors, and opportunities
5.5.2.Market size and forecast, by region
5.5.3.Market analysis, by country

5.6.Sensors & Control Systems

5.6.1.Key market trends, growth factors, and opportunities
5.6.2.Market size and forecast, by region
5.6.3.Market analysis, by country

5.7.Others

5.7.1.Key market trends, growth factors, and opportunities
5.7.2.Market size and forecast, by region
5.7.3.Market analysis, by country

CHAPTER 6:GLOBAL SMART GREENHOUSE MARKET, BY END USER

6.1.Overview
6.2.Commercial Growers

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Market analysis, by country

6.3.Research & Educational Institute

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market analysis, by country

6.4.Retail Gardens

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by region
6.4.3.Market analysis, by country

6.5.Others

6.5.1.Key market trends, growth factors, and opportunities
6.5.2.Market size and forecast, by region
6.5.3.Market analysis, by country

CHAPTER 7:GLOBAL SMART GREENHOUSE MARKET, BY REGION

7.1.Overview
7.2.North America

7.2.1.Key market trends, growth factors and opportunities
7.2.2.Market size and forecast, by type
7.2.3.Market size and forecast, by component
7.2.4.Market size and forecast, by end user
7.2.5.Market analysis by Country

7.2.5.1.U.S.

7.2.5.1.1.Market size and forecast, by type
7.2.5.1.2.Market size and forecast, by component
7.2.5.1.3.Market size and forecast, by end user

7.2.5.2.Canada

7.2.5.2.1.Market size and forecast, by type
7.2.5.2.2.Market size and forecast, by component
7.2.5.2.3.Market size and forecast, by end user

7.2.5.3.Mexico

7.2.5.3.1.Market size and forecast, by type
7.2.5.3.2.Market size and forecast, by component
7.2.5.3.3.Market size and forecast, by end user

7.3.Europe

7.3.1.Key market trends, growth factors and opportunities
7.3.2.Market size and forecast, by type
7.3.3.Market size and forecast, by component
7.3.4.Market size and forecast, by end user
7.3.5.Market analysis by Country

7.3.5.1.Germany

7.3.5.1.1.Market size and forecast, by type
7.3.5.1.2.Market size and forecast, by component
7.3.5.1.3.Market size and forecast, by end user

7.3.5.2.France

7.3.5.2.1.Market size and forecast, by type
7.3.5.2.2.Market size and forecast, by component
7.3.5.2.3.Market size and forecast, by end user

7.3.5.3.UK

7.3.5.3.1.Market size and forecast, by type
7.3.5.3.2.Market size and forecast, by component
7.3.5.3.3.Market size and forecast, by end user

7.3.5.4.Netherlands

7.3.5.4.1.Market size and forecast, by type
7.3.5.4.2.Market size and forecast, by component
7.3.5.4.3.Market size and forecast, by end user

7.3.5.5.Spain

7.3.5.5.1.Market size and forecast, by type
7.3.5.5.2.Market size and forecast, by component
7.3.5.5.3.Market size and forecast, by end user

7.3.5.6.Rest of Europe

7.3.5.6.1.Market size and forecast, by type
7.3.5.6.2.Market size and forecast, by component
7.3.5.6.3.Market size and forecast, by end user

7.4.Asia-Pacific

7.4.1.Key market trends, growth factors and opportunities
7.4.2.Market size and forecast, by type
7.4.3.Market size and forecast, by component
7.4.4.Market size and forecast, by end user
7.4.5.Market analysis by Country

7.4.5.1.China

7.4.5.1.1.Market size and forecast, by type
7.4.5.1.2.Market size and forecast, by component
7.4.5.1.3.Market size and forecast, by end user

7.4.5.2.Japan

7.4.5.2.1.Market size and forecast, by type
7.4.5.2.2.Market size and forecast, by component
7.4.5.2.3.Market size and forecast, by end user

7.4.5.3.India

7.4.5.3.1.Market size and forecast, by type
7.4.5.3.2.Market size and forecast, by component
7.4.5.3.3.Market size and forecast, by end user

7.4.5.4.Australia

7.4.5.4.1.Market size and forecast, by type
7.4.5.4.2.Market size and forecast, by component
7.4.5.4.3.Market size and forecast, by end user

7.4.5.5.Singapore

7.4.5.5.1.Market size and forecast, by type
7.4.5.5.2.Market size and forecast, by component
7.4.5.5.3.Market size and forecast, by end user

7.4.5.6.Rest of Asia-Pacific

7.4.5.6.1.Market size and forecast, by type
7.4.5.6.2.Market size and forecast, by component
7.4.5.6.3.Market size and forecast, by end user

7.5.LAMEA

7.5.1.Key market trends, growth factors and opportunities
7.5.2.Market size and forecast, by type
7.5.3.Market size and forecast, by component
7.5.4.Market size and forecast, by end user
7.5.5.Market analysis by Country

7.5.5.1.Latin America

7.5.5.1.1.Market size and forecast, by type
7.5.5.1.2.Market size and forecast, by component
7.5.5.1.3.Market size and forecast, by end user

7.5.5.2.Middle East

7.5.5.2.1.Market size and forecast, by type
7.5.5.2.2.Market size and forecast, by component
7.5.5.2.3.Market size and forecast, by end user

7.5.5.3.Africa

7.5.5.3.1.Market size and forecast, by type
7.5.5.3.2.Market size and forecast, by component
7.5.5.3.3.Market size and forecast, by end user

CHAPTER 8:COMPETITIVE LANDSCAPE

8.1.Key player positioning
8.2.Top winning strategies
8.3.Competitive dashboard
8.4.Heatmap Overview

CHAPTER 9:COMPANY PROFILES

9.1.ARGUS CONTROL SYSTEMS LIMITED

9.1.1.Company overview
9.1.2.Key executives
9.1.3.Company snapshot
9.1.4.Product portfolio
9.1.5.Key strategic moves and developments

9.2.CERTHON

9.2.1.Company overview
9.2.2.Key executive
9.2.3.Company snapshot
9.2.4.Product portfolio
9.2.5.Key strategic moves and developments

9.3.CULTIVAR LTD.

9.3.1.Company overview
9.3.2.Key executives
9.3.3.Company snapshot
9.3.4.Product portfolio

9.4.GREENTECH AGRO LLC

9.4.1.Company overview
9.4.2.Key executives
9.4.3.Company snapshot
9.4.4.Product portfolio
9.4.5.Key strategic moves and developments

9.5.HELIOSPECTRA AB

9.5.1.Company overview
9.5.2.Key executives
9.5.3.Company snapshot
9.5.4.Product portfolio
9.5.5.Business performance
9.5.6.Key strategic moves and developments

9.6.HORT AMERICAS

9.6.1.Company overview
9.6.2.Key executives
9.6.3.Company snapshot
9.6.4.Product portfolio
9.6.5.Key strategic moves and developments

9.7.LUMIGROW

9.7.1.Company overview
9.7.2.Key executives
9.7.3.Company snapshot
9.7.4.Product portfolio
9.7.5.Key strategic moves and developments

9.8.NETAFIM

9.8.1.Company overview
9.8.2.Key Executives
9.8.3.Company snapshot
9.8.4.Product portfolio
9.8.5.Key strategic moves and developments

9.9.ROUGH BROTHERS, INC.

9.9.1.Company overview
9.9.2.Key executives
9.9.3.Company snapshot
9.9.4.Product portfolio
9.9.5.Key strategic moves and developments

9.10.SENSAPHONE

9.10.1.Company overview
9.10.2.Key executives
9.10.3.Company snapshot
9.10.4.Product portfolio

LIST OF TABLES

TABLE 01.GLOBAL SMART GREENHOUSE MARKET REVENUE, BY TYPE, 2019–2027 ($MILLION)
TABLE 02.HYDROPONIC SMART GREENHOUSE MARKET REVENUE, BY REGION, 2019–2027 ($MILLION)
TABLE 03.NON-HYDROPONIC SMART GREENHOUSE MARKET REVENUE, BY REGION, 2019–2027 ($MILLION)
TABLE 04.GLOBAL SMART GREENHOUSE MARKET REVENUE, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 05.SMART GREENHOUSE MARKET REVENUE FOR HVAC, BY REGION, 2019–2027 ($MILLION)
TABLE 06.SMART GREENHOUSE MARKET REVENUE FOR LED GROW LIGHTS, BY REGION, 2019–2027 ($MILLION)
TABLE 07.SMART GREENHOUSE MARKET REVENUE FOR IRRIGATION SYSTEMS, BY REGION, 2019–2027 ($MILLION)
TABLE 08.SMART GREENHOUSE MARKET REVENUE FOR VALVES & PUMPS, BY REGION, 2019–2027 ($MILLION)
TABLE 09.SMART GREENHOUSE MARKET REVENUE FOR SENSORS & CONTROL SYSTEMS, BY REGION, 2019–2027 ($MILLION)
TABLE 10.SMART GREENHOUSE MARKET REVENUE FOR OTHERS, BY REGION, 2019–2027 ($MILLION)
TABLE 11.GLOBAL SMART GREENHOUSE MARKET REVENUE, BY END USER, 2019–2027 ($MILLION)
TABLE 12.SMART GREENHOUSE MARKET REVENUE FOR COMMERCIAL GROWERS, BY REGION,  2019–2027 ($MILLION)
TABLE 13.SMART GREENHOUSE MARKET REVENUE FOR RESEARCH & EDUCATIONAL INSTITUTE, BY REGION, 2019–2027 ($MILLION)
TABLE 14.SMART GREENHOUSE MARKET REVENUE FOR RETAIL GARDENS, BY REGION,  2019–2027 ($MILLION)
TABLE 15.SMART GREENHOUSE MARKET REVENUE FOR OTHERS, BY REGION,  2019–2027 ($MILLION)
TABLE 16.SMART GREENHOUSE MARKET REVENUE, BY REGION, 2018–2026 ($MILLION)
TABLE 17.NORTH AMERICA SMART GREENHOUSE MARKET REVENUE, BY TYPE, 2019–2027 ($MILLION)
TABLE 18.NORTH AMERICA SMART GREENHOUSE MARKET REVENUE, BY COMPONENT 2019–2027 ($MILLION)
TABLE 19.NORTH AMERICA SMART GREENHOUSE MARKET REVENUE, BY END USER, 2019–2027 ($MILLION)
TABLE 20.NORTH AMERICA SMART GREENHOUSE MARKET REVENUE, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 21.U.S. SMART GREENHOUSE MARKET REVENUE, BY TYPE, 2019–2027 ($MILLION)
TABLE 22.U.S. SMART GREENHOUSE MARKET REVENUE, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 23.U.S. SMART GREENHOUSE MARKET REVENUE, BY END USER, 2019–2027 ($MILLION)
TABLE 24.CANADA SMART GREENHOUSE MARKET REVENUE, BY TYPE, 2019–2027 ($MILLION)
TABLE 25.CANADA SMART GREENHOUSE MARKET REVENUE, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 26.CANADA SMART GREENHOUSE MARKET REVENUE, BY END USER, 2019–2027 ($MILLION)
TABLE 27.MEXICO SMART GREENHOUSE MARKET REVENUE, BY TYPE, 2019–2027 ($MILLION)
TABLE 28.MEXICO SMART GREENHOUSE MARKET REVENUE, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 29.MEXICO SMART GREENHOUSE MARKET REVENUE, BY END USER, 2019–2027 ($MILLION)
TABLE 30.EUROPE SMART GREENHOUSE MARKET REVENUE, BY TYPE, 2019–2027 ($MILLION)
TABLE 31.EUROPE SMART GREENHOUSE MARKET REVENUE, BY COMPONENT 2019–2027 ($MILLION)
TABLE 32.EUROPE SMART GREENHOUSE MARKET REVENUE, BY END USER, 2019–2027 ($MILLION)
TABLE 33.EUROPE SMART GREENHOUSE MARKET REVENUE, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 34.GERMANY SMART GREENHOUSE MARKET REVENUE, BY TYPE, 2019–2027 ($MILLION)
TABLE 35.GERMANY SMART GREENHOUSE MARKET REVENUE, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 36.GERMANY SMART GREENHOUSE MARKET REVENUE, BY END USER, 2019–2027 ($MILLION)
TABLE 37.FRANCE SMART GREENHOUSE MARKET REVENUE, BY TYPE, 2019–2027 ($MILLION)
TABLE 38.FRANCE SMART GREENHOUSE MARKET REVENUE, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 39.FRANCE SMART GREENHOUSE MARKET REVENUE, BY END USER, 2019–2027 ($MILLION)
TABLE 40.UK SMART GREENHOUSE MARKET REVENUE, BY TYPE, 2019–2027 ($MILLION)
TABLE 41.UK SMART GREENHOUSE MARKET REVENUE, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 42.UK SMART GREENHOUSE MARKET REVENUE, BY END USER, 2019–2027 ($MILLION)
TABLE 43.NETHERLANDS SMART GREENHOUSE MARKET REVENUE, BY TYPE, 2019–2027 ($MILLION)
TABLE 44.NETHERLANDS SMART GREENHOUSE MARKET REVENUE, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 45.NETHERLANDS SMART GREENHOUSE MARKET REVENUE, BY END USER, 2019–2027 ($MILLION)
TABLE 46.SPAIN SMART GREENHOUSE MARKET REVENUE, BY TYPE, 2019–2027 ($MILLION)
TABLE 47.SPAIN SMART GREENHOUSE MARKET REVENUE, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 48.SPAIN SMART GREENHOUSE MARKET REVENUE, BY END USER, 2019–2027 ($MILLION)
TABLE 49.REST OF EUROPE SMART GREENHOUSE MARKET REVENUE, BY TYPE, 2019–2027 ($MILLION)
TABLE 50.REST OF EUROPE SMART GREENHOUSE MARKET REVENUE, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 51.REST OF EUROPE SMART GREENHOUSE MARKET REVENUE, BY END USER, 2019–2027 ($MILLION)
TABLE 52.ASIA-PACIFIC SMART GREENHOUSE MARKET REVENUE, BY TYPE, 2019–2027 ($MILLION)
TABLE 53.ASIA-PACIFIC SMART GREENHOUSE MARKET REVENUE, BY COMPONENT 2019–2027 ($MILLION)
TABLE 54.ASIA-PACIFIC SMART GREENHOUSE MARKET REVENUE, BY END USER, 2019–2027 ($MILLION)
TABLE 55.ASIA-PACIFIC SMART GREENHOUSE MARKET REVENUE, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 56.CHINA SMART GREENHOUSE MARKET REVENUE, BY TYPE, 2019–2027 ($MILLION)
TABLE 57.CHINA SMART GREENHOUSE MARKET REVENUE, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 58.CHINA SMART GREENHOUSE MARKET REVENUE, BY END USER, 2019–2027 ($MILLION)
TABLE 59.JAPAN SMART GREENHOUSE MARKET REVENUE, BY TYPE, 2019–2027 ($MILLION)
TABLE 60.JAPAN SMART GREENHOUSE MARKET REVENUE, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 61.JAPAN SMART GREENHOUSE MARKET REVENUE, BY END USER, 2019–2027 ($MILLION)
TABLE 62.INDIA SMART GREENHOUSE MARKET REVENUE, BY TYPE, 2019–2027 ($MILLION)
TABLE 63.INDIA SMART GREENHOUSE MARKET REVENUE, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 64.INDIA SMART GREENHOUSE MARKET REVENUE, BY END USER, 2019–2027 ($MILLION)
TABLE 65.AUSTRALIA SMART GREENHOUSE MARKET REVENUE, BY TYPE, 2019–2027 ($MILLION)
TABLE 66.AUSTRALIA SMART GREENHOUSE MARKET REVENUE, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 67.AUSTRALIA SMART GREENHOUSE MARKET REVENUE, BY END USER, 2019–2027 ($MILLION)
TABLE 68.SINGAPORE SMART GREENHOUSE MARKET REVENUE, BY TYPE, 2019–2027 ($MILLION)
TABLE 69.SINGAPORE SMART GREENHOUSE MARKET REVENUE, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 70.SINGAPORE SMART GREENHOUSE MARKET REVENUE, BY END USER, 2019–2027 ($MILLION)
TABLE 71.REST OF ASIA-PACIFIC SMART GREENHOUSE MARKET REVENUE, BY TYPE, 2019–2027 ($MILLION)
TABLE 72.REST OF ASIA-PACIFIC SMART GREENHOUSE MARKET REVENUE, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 73.REST OF ASIA-PACIFIC SMART GREENHOUSE MARKET REVENUE, BY END USER, 2019–2027 ($MILLION)
TABLE 74.LAMEA SMART GREENHOUSE MARKET REVENUE, BY TYPE, 2019–2027 ($MILLION)
TABLE 75.LAMEA SMART GREENHOUSE MARKET REVENUE, BY COMPONENT 2019–2027 ($MILLION)
TABLE 76.LAMEA SMART GREENHOUSE MARKET REVENUE, BY END USER, 2019–2027 ($MILLION)
TABLE 77.LAMEA SMART GREENHOUSE MARKET REVENUE, BY COUNTRY, 2019–2027 ($MILLION)
TABLE 78.LATIN AMERICA SMART GREENHOUSE MARKET REVENUE, BY TYPE, 2019–2027 ($MILLION)
TABLE 79.LATIN AMERICA SMART GREENHOUSE MARKET REVENUE, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 80.LATIN AMERICA SMART GREENHOUSE MARKET REVENUE, BY END USER, 2019–2027 ($MILLION)
TABLE 81.MIDDLE EAST SMART GREENHOUSE MARKET REVENUE, BY TYPE, 2019–2027 ($MILLION)
TABLE 82.MIDDLE EAST SMART GREENHOUSE MARKET REVENUE, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 83.MIDDLE EAST SMART GREENHOUSE MARKET REVENUE, BY END USER, 2019–2027 ($MILLION)
TABLE 84.AFRICA SMART GREENHOUSE MARKET REVENUE, BY TYPE, 2019–2027 ($MILLION)
TABLE 85.AFRICA SMART GREENHOUSE MARKET REVENUE, BY COMPONENT, 2019–2027 ($MILLION)
TABLE 86.AFRICA SMART GREENHOUSE MARKET REVENUE, BY END USER, 2019–2027 ($MILLION)
TABLE 87.ARGUS CONTROL SYSTEMS LIMITED: KEY EXECUTIVES
TABLE 88.ARGUS CONTROL SYSTEMS LIMITED: COMPANY SNAPSHOT
TABLE 89.ARGUS CONTROL SYSTEMS LIMITED: PRODUCT PORTFOLIO
TABLE 90.ARGUS CONTROL SYSTEMS LIMITED: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 91.CERTHON: KEY EXECUTIVE
TABLE 92.CERTHON: COMPANY SNAPSHOT
TABLE 93.CERTHON: PRODUCT PORTFOLIO
TABLE 94.CERTHON: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 95.CULTIVAR LTD.: KEY EXECUTIVES
TABLE 96.CULTIVAR LTD..: COMPANY SNAPSHOT
TABLE 97.CULTIVAR LTD.: VIDEO ANALYTICS PRODUCT PORTFOLIO
TABLE 101.GREENTECH AGRO LLC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 102.HELIOSPECTRA AB: KEY EXECUTIVES
TABLE 103.HELIOSPECTRA AB: COMPANY SNAPSHOT
TABLE 104.HELIOSPECTRA AB: VIDEO ANALYTICS PRODUCT PORTFOLIO
TABLE 105.HORT AMERICAS: KEY EXECUTIVES
TABLE 106.HORT AMERICAS: COMPANY SNAPSHOT
TABLE 107.HORT AMERICAS: PRODUCT PORTFOLIO
TABLE 108.LUMIGROW: KEY EXECUTIVES
TABLE 109.LUMIGROW: COMPANY SNAPSHOT
TABLE 110.LUMIGROW: VIDEO ANALYTICS PRODUCT PORTFOLIO
TABLE 111.NETAFIM: KEY EXECUTIVES
TABLE 112.NETAFIM: COMPANY SNAPSHOT
TABLE 113.NETAFIM: VIDEO ANALYTICS PRODUCT PORTFOLIO
TABLE 114.ROUGH BROTHERS, INC.: KEY EXECUTIVES
TABLE 115.ROUGH BROTHERS, INC.: COMPANY SNAPSHOT
TABLE 116.ROUGH BROTHERS, INC.: VIDEO ANALYTICS PRODUCT PORTFOLIO
TABLE 117.SENSAPHONE: KEY EXECUTIVES
TABLE 118.SENSAPHONE: COMPANY SNAPSHOT
TABLE 119.SENSAPHONE: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.GLOBAL SMART GREENHOUSE MARKET, 2019-2027
FIGURE 03.GLOBAL SMART GREENHOUSE MARKET, 2019-2027
FIGURE 04.GLOBAL SMART GREENHOUSE MARKET: TOP IMPACTING FACTOR
FIGURE 05.TOP INVESTMENT POCKETS
FIGURE 06.LOW-TO-MODERATE BARGAINING POWER OF SUPPLIERS
FIGURE 07.LOW-TO-MODERATE BARGAINING POWER OF BUYERS
FIGURE 08.LOW-TO-MODERATE THREAT OF SUBSTITUTES
FIGURE 09.MODERATE-TO-HIGH THREAT OF NEW ENTRANTS
FIGURE 10.LOW-TO-MODERATE COMPETITIVE RIVALRYS
FIGURE 11.GLOBAL SMART GREENHOUSE MARKET, BY TYPE, 2019–2027
FIGURE 12.COMPARATIVE SHARE ANALYSIS OF HYDROPONIC SMART GREENHOUSE MARKET,  BY COUNTRY, 2019 & 2027(%)
FIGURE 13.COMPARATIVE SHARE ANALYSIS OF NON-HYDROPONIC SMART GREENHOUSE MARKET,  BY COUNTRY, 2019 & 2027(%)
FIGURE 14.GLOBAL SMART GREENHOUSE MARKET, BY COMPONENT, 2019–2027
FIGURE 15.COMPARATIVE SHARE ANALYSIS OF SMART GREENHOUSE MARKET FOR HVAC,  BY COUNTRY, 2019 & 2027 (%)
FIGURE 16.COMPARATIVE SHARE ANALYSIS OF SMART GREENHOUSE MARKET FOR LED GROW LIGHTS,  BY COUNTRY, 2019 & 2027 (%)
FIGURE 17.COMPARATIVE SHARE ANALYSIS OF SMART GREENHOUSE MARKET IRRIGATION SYSTEMS, BY COUNTRY, 2019 & 2027 (%)
FIGURE 18.COMPARATIVE SHARE ANALYSIS OF SMART GREENHOUSE MARKET VALVES & PUMPS, BY COUNTRY, 2019 & 2027 (%)
FIGURE 19.COMPARATIVE SHARE ANALYSIS OF SMART GREENHOUSE MARKET SENSORS & CONTROL SYSTEMS, BY COUNTRY, 2019 & 2027 (%)
FIGURE 20.COMPARATIVE SHARE ANALYSIS OF SMART GREENHOUSE MARKET OTHERS, BY COUNTRY, 2019 & 2027 (%)
FIGURE 21.GLOBAL SMART GREENHOUSE MARKET, BY END USER, 2019–2027
FIGURE 22.COMPARATIVE SHARE ANALYSIS OF SMART GREENHOUSE MARKET FOR COMMERCIAL GROWERS, BY COUNTRY, 2019 & 2027(%)
FIGURE 23.COMPARATIVE SHARE ANALYSIS OF SMART GREENHOUSE MARKET FOR RESEARCH & EDUCATIONAL INSTITUTE, BY COUNTRY, 2019 & 2027(%)
FIGURE 24.COMPARATIVE SHARE ANALYSIS OF SMART GREENHOUSE MARKET FOR RETAIL GARDENS, BY COUNTRY, 2019 & 2027(%)
FIGURE 25.COMPARATIVE SHARE ANALYSIS OF SMART GREENHOUSE MARKET FOR OTHERS, BY COUNTRY, 2019 & 2027(%)
FIGURE 26.U.S. SMART GREENHOUSE MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 27.CANADA SMART GREENHOUSE MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 28.MEXICO SMART GREENHOUSE MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 29.GERMANY SMART GREENHOUSE MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 30.FRANCE SMART GREENHOUSE MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 31.UK SMART GREENHOUSE MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 32.NETHERLANDS SMART GREENHOUSE MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 33.SPAIN SMART GREENHOUSE MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 34.REST OF EUROPE SMART GREENHOUSE MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 35.CHINA SMART GREENHOUSE MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 36.JAPAN SMART GREENHOUSE MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 37.INDIA SMART GREENHOUSE MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 38.AUSTRALIA SMART GREENHOUSE MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 39.SINGAPORE SMART GREENHOUSE MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 40.REST OF ASIA-PACIFIC SMART GREENHOUSE MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 41.LATIN AMERICA SMART GREENHOUSE MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 42.MIDDLE EAST SMART GREENHOUSE MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 43.AFRICA SMART GREENHOUSE MARKET REVENUE, 2019-2027 ($MILLION)
FIGURE 44.KEY PLAYER POSITIONING
FIGURE 45.TOP WINNING STRATEGIES, BY YEAR, 2017-2020
FIGURE 46.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2017-2020
FIGURE 47.TOP WINNING STRATEGIES, BY COMPANY, 2017-2020
FIGURE 48.COMPETITIVE DASHBOARD
FIGURE 49.HEATMAP OVERVIEW
FIGURE 50.HELIOSPECTRA AB: REVENUE, 2017–2019 ($MILLION)

 
 

The adoption of smart greenhouse has increased over time due to the adoption of advance technology in farming such as machine learning and artificial intelligence and enhancements in supportive government regulations across the globe. In addition, the growth of the greenhouse market is driven by factors such as rise in trend of using organic foods, optimum use of vertical space, and minimal impact of weather on yield. Increase in population leads to rise in demand–supply gap for food. Thus, the need for alternative farming techniques such as smart greenhouse is expected to grow in the near future.

According to CXOs of leading companies, increase in economic strength in Asia-Pacific is expected to provide lucrative opportunities for the market growth. Key players are focusing toward product development and increasing their presence across the globe, owing to growth in competition among local vendors, in terms of features, quality, and price. 

In addition, these players are adopting various business strategies to enhance their product offerings and strengthen their foothold in the market. For instance, in July 2019, AeroFarms invested $100m in a Series E funding round. This investment is expected to allow the U.S. based company to expand its indoor farms and discover the new type of produce.
 

 

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FREQUENTLY ASKED QUESTIONS?
 

A. The Global Smart Greenhouse Market is expected to grow at a CAGR of 11.4% from 2020 to 2027.

A. The Smart Greenhouse Market is projected to reach $3.23 billion by 2027.

A. To get the latest version of sample report

A. Increase in popularity of organic food across the globe and surge in adoption of IoT and artificial intelligence by farmers and agriculturists drive the Smart Greenhouse market growth.

A. The key players profiled in the report include Argus Controls, Certhon, Cultivar, Greentech Agro LLC, Heliospectra AB, Hort Americas, Lumigrow Inc., Netafim, Rough Brothers and Sensaphone.

A. On the basis of top growing big corporations, we select top 10 players.

A. The Smart Greenhouse Market is segmented on the basis of type, component, end user, and region.

A. The key growth strategies of Smart Greenhouse market players include product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations.

A. HVAC System segment will grow at a highest CAGR of 13.2% during the forecast period.

A. Commercial Grower segment would exhibit the highest CAGR of 12.7% during 2020 - 2027.

 

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