Bharat Book Bureau Provides the Trending Market Research Report on “Global Smart Greenhouse Market, By Type (Hydroponic, Non-Hydroponic), By Technology (HVAC, LED Grow Light, Irrigation System, Material Handling, Valves, Control System, Sensor & Camera), By Component (Hardware, Software, Services), By Crops (Vegetables, Floriculture, Tree Seedlings, Others), By End User (Commercial Growers, Retail Gardens, Academic & Research Institutions, Others), By Region, Competition Forecast and Opportunities, 2027”under Food & Beverage Market Research Report Category. The report offers a collection of superior Market research, Market analysis, competitive intelligence and Market reports.
Executive Summary
The Global Smart Greenhouse Market is anticipated to witness an impressive growth in the forecast period, 2023-2027. This can be ascribed to rising food demand due to growing global population. The world population is expected to increase by about 35% reaching 9.74 billion in 2050. The growing need to meet the food needs of ever-increasing population is expected to support the growth of global smart greenhouse market. Additionally, increasing adoption of agriculture 4.0 solutions and growing use of artificial intelligence, internet of things, among others in the agricultural sector across the world is expected to fuel the market growth in the coming years. Furthermore, within a greenhouse the crops, fruits & vegetables, among others can be grown under controlled conditions and the produce can be obtained throughout the year irrespective of season or climatic variations. This in turn is expected to foster the market growth.
Rising Adoption of Rooftop Farming
The adoption of rooftop farming practices has significantly increased on account of the increasing demand for high quality organic foods. Rooftop farming is a practice comprising of cultivating vegetables, fruits, and flowers on the rooftop of a building. The rooftops of high buildings are generally use for the development of rooftop farms wherein green roofs, hydroponics and aeroponics system are used for growing different fruits & vegetables, crops, etc. The decreasing availability of arable land for cultivating crops has significantly contributed to the widespread adoption of rooftop farming techniques especially in urban areas. The growing adoption of rooftop farming is expected to create lucrative opportunities for the growth of global smart greenhouse market.
Benefits Associated with Smart Greenhouses
There are numerous benefits associated with smart greenhouses such as growing fruits & vegetables, crops, etc. throughout the year irrespective of seasonal variations. Additionally, there are additional benefits that a smart greenhouse offers over conventional greenhouses such as within a smart greenhouse data about the crops and their growth pattern is recorded throughout the day for complete 24 hours. This data is then sent to the analytical platforms wherein it is analysed and if there are any bottlenecks or irregularities in the growth pattern, they are identified. This data also provides the farmers or cultivators with various insights on the crops. Using these insights, the cultivators can increase their overall yield. Additionally, the labor costs can also be minimized to a higher extent within a smart greenhouse setup as compared with a conventional greenhouse.
Market Segmentation
The global smart greenhouse market can be segmented by type, by technology, by component, by crops, by end user, by region. Based on type, the market can be divided into hydroponic and non-hydroponic. Based on technology, the market can be segmented into HVAC, LED grow light, irrigation system, robotic harvesting, material handling, valves, control system, sensor & camera. Based on component, the market can be categorized into hardware, software, services. Based on crops, the market can be segmented into vegetables, floriculture, tree seedlings, and others. Based on end user, the market can be segmented into commercial growers, retail gardens, academic & research institutions, and others. Regionally, North America dominated the market among Europe, Asia Pacific, Middle East & Africa and South America. In terms of country, the United States region is dominating the overall globe in smart greenhouse market. This can be ascribed to the increasing adoption of indoor farming techniques in the region. In 2016, there were around 41,351 indoor farms in the United States.
Market Players
LumiGrow, Inc., Rough Brothers, Inc., Nexus Corporation, Netafim Limited, Ceres Greenhouse Solutions, GreenTech Agro LLC, Hort Americas, LLC, Heliospectra AB, Cultivar Ltd. are some of the leading players operating in the global smart greenhouse market.
Report Scope:
In this report, global smart greenhouse market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
•Smart Greenhouse Market, By Type:
oHydroponic
oNon-Hydroponic
•Smart Greenhouse Market, By Technology:
oHVAC
oLED Grow Light
oIrrigation System
oMaterial Handling
oValves
oControl System
oSensor & Camera
oRobotic Harvesting
•Smart Greenhouse Market, By Component:
oHardware
oSoftware
oServices
•Smart Greenhouse Market, By crops:
oVegetables
oFloriculture
oTree Seedlings
oOthers
•Smart Greenhouse Market, By End User:
oCommercial Growers
oRetail Gardens
oAcademic & Research Institutions
oOthers
•Smart Greenhouse Market, By Region:
oNorth America
United States§
Canada§
Mexico§
oEurope
France§
Germany§
United Kingdom§
Italy§
Spain§
oAsia Pacific
China§
India§
Japan§
South Korea§
Australia§
oSouth America
Brazil§
Argentina§
Colombia§
oMiddle East & Africa
South Africa§
Saudi Arabia§
UAE§
Israel§
Turkey§
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in global smart greenhouse Market.
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