The study “Smart Greenhouse Market by Type, Offering, End User, and Region 2023-2028” has been added to the collection on ResearchAndMarkets.com.
The market for smart greenhouses is expected to increase from its current value of $1.74 billion in 2022 to $3.23 billion by 2028, with a Compound Annual Growth Rate (CAGR) of 9.60% from 2023 to 2028.
A Smart Greenhouse and What It Means:
Traditional greenhouse structures are combined with cutting-edge sensor and communication technology to create a smart greenhouse. It continuously monitors and gathers information on crop health and environmental circumstances, using this information to automatically optimize growth conditions for crops. The objective is to reduce human intervention while increasing crop output, resource efficiency, and overall productivity. Modern agriculture has many obstacles, but smart greenhouses provide an innovative solution that supports efficient and sustainable food production.
Industry Trends:
Several major trends are driving the market for smart greenhouses worldwide:
Consumer demand for organic food is growing:
The demand for food products that are organically and sustainably cultivated is rising, which is encouraging the development of smart greenhouse technology.
Technology for vertical farming:
Due to its efficient use of resources and space, vertical farming is spreading, especially in urban settings. Vertical farming relies heavily on intelligent greenhouses.
Government Assistance:
Due to worries about the shortage of water, the limited amount of arable land, and rising food demand, governments all over the world are launching programs to encourage smart agriculture methods.
Technological progress:
The adoption of smart greenhouses is being fueled by the integration of technologies like the Internet of Things (IoT) and artificial intelligence (AI) in agriculture.
Environmental Issues:
Sustainable agricultural methods are becoming more popular as a result of rising environmental consciousness, which smart greenhouses help to promote.
Marketing division:
The following categories make up the worldwide smart greenhouse market:
Type: both hydroponically and without. The largest segment is made up of hydroponic intelligent greenhouses.
Offering: Hardware, software, and services, such as HVAC systems, LED grow lights, irrigation systems, sensors, and control systems.
Final User: Retail gardens, research and education facilities, commercial growers, and others.
Competitive Environment:
A thorough study of the competition environment in the global market for smart greenhouses has also been provided in the report. The study includes information on competition analysis including market structure, market share by major players, player positioning, top winning tactics, competitive dashboard, and company evaluation quadrant. All significant companies’ full profiles have also been provided. A few of the businesses included are Sensaphone, Certhon, Heliospectra AB, Netafim (Orbia), and Argus Control Systems Limited (Conviron). Please keep in mind that this is only a partial list of the companies; the report has the full list.
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