Agriculture & Forestry Industry Market News

Research delivers insight into the global smart greenhouse market

Agriculture Market Research

Smart greenhouses market are a combination of technologies such as HVAC, material logistics, sensors, and LED grow lights. Integration of all technologies in greenhouses is a challenge because different companies provide different attributes for a controlled environment. Hence, to make a smart greenhouse, companies need to work together and provide a controlled environment to produce maximum yields.

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The smart greenhouse market is expected to grow from USD 1.26 Billion in 2018 to USD 2.28 Billion by 2023, at a CAGR of 12.6% between 2018 and 2023. The trend of indoor farming due to changing consumer preferences, favorable government regulations and incentives pertaining to smart greenhouse lighting technology, and high demand for food due to enormously growing population are the key factors driving the smart greenhouse market growth.

Key Target Audience:

  • Small and commercial growers
  • Raw material and manufacturing equipment suppliers
  • Original equipment manufacturers (OEMs)
  • Material suppliers (glass and aluminum)
  • ODM and OEM technology solution providers
  • Research organizations
  • Technology standards organizations, forums, alliances, and associations
  • Technology investors
  • Governments, financial institutions, and investment communities
  • Analysts and strategic business planners

The smart greenhouse market growing population is a driving factor behind the rising adoption of greenhouse automation technologies in APAC.

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Developments are largely witnessed in countries such as Japan, Australia, and New Zealand. Chinese growers have also introduced advanced growing techniques such as CEA and hydroponics to increase their yields.

The market in APAC is price-sensitive.

More Information on Smart Greenhouse Market with Forecast and Company Profiles at .

Certhon held a leading position in smart greenhouse market in 2017. Certhon is an expert in greenhouse construction to meet requirements of commercial growers.

It also provides HVAC technologies for maintaining temperatures & control systems for regulating conditions in a greenhouse. Company has adopted contracts, agreements, and expansions as key strategies to increase its business in smart greenhouse market.


Premium Insights

1 Attractive Growth Opportunities in Smart Greenhouse Market

2 Smart Greenhouse Market, By Type

3 Smart Greenhouse Market in Europe

4 Smart Greenhouse Market, By Country/Region

In this report, segments such as type, technology, and geography of the smart greenhouse market have been covered. It also discusses key drivers, restraints, opportunities, and challenges pertaining to the market.

The report gives a detailed view of the market across 4 main regions: North America, Europe, APAC, and RoW.

“Smart Greenhouse Market by Type (Hydroponic and Non-hydroponic), Technology (HVAC, LED Grow Light, Irrigation System, Material Handling, Valves, Control System, and Sensor & Camera), and Geography - Global Forecast to 2023” report at .

The population growth, which consequently is likely to lead to the increase in the global demand for food, is the key driver for the smart greenhouse market growth. The emergence of controlled-environment agriculture (CEA) and smart greenhouses in Europe due to the favorable environment for the adoption of greenhouse automation technologies and initiatives taken by the government due to growing population are the other factors that are expected to boost market growth in Europe.

This report includes the market statistics pertaining to type, technology, and geography.

  • Major drivers, restraints, challenges, and opportunities pertaining to the smart greenhouse market have been detailed in this report.
  • Illustrative segmentation, analysis, and forecast for markets based on type, technology, and geography have been conducted to give an overall view of the market.
  • A detailed competitive landscape, which includes the key players, revenue of key players, and strategic developments, among others, has been provided.

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