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Smart Greenhouse Market by Type (Hydroponic, Non-Hydroponic), Offering (Hardware, Software, Services), End User (Commercial Growers, Research and Educational Institutes, Retail Gardens, and Others), and Region 2024-2032

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    Report

  • 137 Pages
  • July 2024
  • Region: Global
  • IMARC Group
  • ID: 5834356
The global smart greenhouse market size reached US$ 1.9 Billion in 2023. Looking forward, the publisher expects the market to reach US$ 4.0 Billion by 2032, exhibiting a growth rate (CAGR) of 8.6% during 2023-2032. The rising consumer preferences for organic food, increasing utilization of vertical farming technology, and supportive government initiatives represent some of the key factors driving the market.

A smart greenhouse is an advanced concept encompassing a traditional greenhouse equipped with cutting-edge sensors and communications systems to continuously monitor, gather, and deliver data on the surroundings and crops. The collected data is fed into a platform where analytical algorithms convert it into actionable insights to uncover potential problems and analyze crop disease and infection risks. It helps optimize plant growth by regulating temperature, heat, humidity, and light automatically, as well as on demand. It provides a self-regulated controlled environment that allows crops to reach the harvesting stage faster while retaining the maximum nutrients. It also controls moisture in the soil to automatically supplement all crops with precise quantities of water. Since it aids farmers in reducing labor work, improving resource and chemical use efficiency, and optimizing yield rates with minimal human and climate interference, the smart greenhouse is rapidly gaining popularity across the globe.

Smart Greenhouse Market Trends:

Smart greenhouses assist in enhancing the productivity of farmers and producing better farming outcomes. As a result, the surging awareness regarding the ease of crop monitoring, cultivation, and harvesting associated with smart greenhouses represents one of the key factors driving the market growth. Besides this, the rising consumer preferences for organic food and the escalating demand for high-value crops are other major growth-inducing factors. In addition, governments of various countries are taking favorable initiatives to promote the uptake of smart agricultural practices due to the surging food demand, declining arable land, and increasing water shortage. Along with this, heavy investments in the modernization of the agriculture sector, especially in developing nations, coupled with the rising adoption of indoor farming in urban areas, are contributing to market growth. Furthermore, the leading players are offering integrated products and introducing new smart greenhouse variants embedded with various novel features and technologies to provide higher visibility and automation. In line with this, the surging adoption of the internet of things (IoT) and artificial intelligence (AI) by farmers and agriculturalists have propelled market growth. Other factors, including the growing popularity of vertical farming technology, increasing environmental concerns among the masses, continual technological advancements, and ongoing research and development (R&D) activities, are also anticipated to create a positive outlook for the global market.

Key Market Segmentation:

The report provides an analysis of the key trends in each segment of the global smart greenhouse market, along with forecasts at the global, regional, and country levels from 2024-2032. Our report has categorized the market based on type, offering, and end user.

Type Insights:

Hydroponic
Non-Hydroponic

The report has provided a detailed breakup and analysis of the smart greenhouse market based on the type. This includes hydroponic and non-hydroponic. According to the report, hydroponic represented the largest segment.

Offering Insights:

Hardware
HVAC Systems
LED Grow Lights
Irrigation System
Valves and Pumps
Sensor and Control System
Others
Software
Services

A detailed breakup and analysis of the smart greenhouse market based on the offering has also been provided in the report. This includes hardware (HVAC systems, LED grow lights, irrigation system, valves and pumps, sensor and control system, and others), software, and services. According to the report, hardware accounted for the largest market share.

End User Insights:

Commercial Growers
Research and Educational Institutes
Retail Gardens
Others

The report has provided a detailed breakup and analysis of the smart greenhouse market based on the end user. This includes commercial growers, research and educational institutes, retail gardens, and others. According to the report, research and educational institutes represented the largest segment.

Regional Insights:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Europe was the largest market for smart greenhouse. Some of the factors driving the Europe smart greenhouse market included the rapid growth in the agriculture industry, increasing penetration of advanced farming practices and technologies, rising demand for highly nutritious and organic food, etc.

Competitive Landscape:

The report has also provided a comprehensive analysis of the competitive landscape in the global smart greenhouse market. Detailed profiles of all major companies have also been provided. Some of the companies covered include Argus Control Systems Limited (Conviron), Certhon, Heliospectra AB, Netafim (Orbia), Sensaphone, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

Key Questions Answered in This Report:

How has the global smart greenhouse market performed so far, and how will it perform in the coming years?
What are the drivers, restraints, and opportunities in the global smart greenhouse market?
What is the impact of each driver, restraint, and opportunity on the global smart greenhouse market?
What are the key regional markets?
Which countries represent the most attractive smart greenhouse market?
What is the breakup of the market based on the type?
Which is the most attractive type in the smart greenhouse market?
What is the breakup of the market based on the offering?
Which is the most attractive offering in the smart greenhouse market?
What is the breakup of the market based on end user?
Which is the most attractive end user in the smart greenhouse market?
What is the competitive structure of the global smart greenhouse market?
Who are the key players/companies in the global smart greenhouse market?

Table of Contents

1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Smart Greenhouse Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Hydroponic
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Non-Hydroponic
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Offering
7.1 Hardware
7.1.1 Market Trends
7.1.2 Key Segments
7.1.2.1 HVAC Systems
7.1.2.2 LED Grow Lights
7.1.2.3 Irrigation System
7.1.2.4 Valves and Pumps
7.1.2.5 Sensor and Control System
7.1.2.6 Others
7.1.3 Market Forecast
7.2 Software
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Services
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by End User
8.1 Commercial Growers
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Research and Educational Institutes
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Retail Gardens
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Others
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 Drivers, Restraints, and Opportunities
10.1 Overview
10.2 Drivers
10.3 Restraints
10.4 Opportunities
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Argus Control Systems Limited (Conviron)
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 Certhon
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 Heliospectra AB
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.4 Netafim (Orbia)
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.5 Sensaphone
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
List of Figures
Figure 1: Global: Smart Greenhouse Market: Major Drivers and Challenges
Figure 2: Global: Smart Greenhouse Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Smart Greenhouse Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 4: Global: Smart Greenhouse Market: Breakup by Type (in %), 2023
Figure 5: Global: Smart Greenhouse Market: Breakup by Offering (in %), 2023
Figure 6: Global: Smart Greenhouse Market: Breakup by End User (in %), 2023
Figure 7: Global: Smart Greenhouse Market: Breakup by Region (in %), 2023
Figure 8: Global: Smart Greenhouse (Hydroponic) Market: Sales Value (in Million US$), 2018 & 2023
Figure 9: Global: Smart Greenhouse (Hydroponic) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 10: Global: Smart Greenhouse (Non-Hydroponic) Market: Sales Value (in Million US$), 2018 & 2023
Figure 11: Global: Smart Greenhouse (Non-Hydroponic) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 12: Global: Smart Greenhouse (Hardware) Market: Sales Value (in Million US$), 2018 & 2023
Figure 13: Global: Smart Greenhouse (Hardware) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 14: Global: Smart Greenhouse (Software) Market: Sales Value (in Million US$), 2018 & 2023
Figure 15: Global: Smart Greenhouse (Software) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 16: Global: Smart Greenhouse (Services) Market: Sales Value (in Million US$), 2018 & 2023
Figure 17: Global: Smart Greenhouse (Services) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 18: Global: Smart Greenhouse (Commercial Growers) Market: Sales Value (in Million US$), 2018 & 2023
Figure 19: Global: Smart Greenhouse (Commercial Growers) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 20: Global: Smart Greenhouse (Research and Educational Institutes) Market: Sales Value (in Million US$), 2018 & 2023
Figure 21: Global: Smart Greenhouse (Research and Educational Institutes) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 22: Global: Smart Greenhouse (Retail Gardens) Market: Sales Value (in Million US$), 2018 & 2023
Figure 23: Global: Smart Greenhouse (Retail Gardens) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 24: Global: Smart Greenhouse (Other End Users) Market: Sales Value (in Million US$), 2018 & 2023
Figure 25: Global: Smart Greenhouse (Other End Users) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 26: North America: Smart Greenhouse Market: Sales Value (in Million US$), 2018 & 2023
Figure 27: North America: Smart Greenhouse Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 28: United States: Smart Greenhouse Market: Sales Value (in Million US$), 2018 & 2023
Figure 29: United States: Smart Greenhouse Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 30: Canada: Smart Greenhouse Market: Sales Value (in Million US$), 2018 & 2023
Figure 31: Canada: Smart Greenhouse Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 32: Asia-Pacific: Smart Greenhouse Market: Sales Value (in Million US$), 2018 & 2023
Figure 33: Asia-Pacific: Smart Greenhouse Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 34: China: Smart Greenhouse Market: Sales Value (in Million US$), 2018 & 2023
Figure 35: China: Smart Greenhouse Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 36: Japan: Smart Greenhouse Market: Sales Value (in Million US$), 2018 & 2023
Figure 37: Japan: Smart Greenhouse Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 38: India: Smart Greenhouse Market: Sales Value (in Million US$), 2018 & 2023
Figure 39: India: Smart Greenhouse Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 40: South Korea: Smart Greenhouse Market: Sales Value (in Million US$), 2018 & 2023
Figure 41: South Korea: Smart Greenhouse Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 42: Australia: Smart Greenhouse Market: Sales Value (in Million US$), 2018 & 2023
Figure 43: Australia: Smart Greenhouse Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 44: Indonesia: Smart Greenhouse Market: Sales Value (in Million US$), 2018 & 2023
Figure 45: Indonesia: Smart Greenhouse Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 46: Others: Smart Greenhouse Market: Sales Value (in Million US$), 2018 & 2023
Figure 47: Others: Smart Greenhouse Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 48: Europe: Smart Greenhouse Market: Sales Value (in Million US$), 2018 & 2023
Figure 49: Europe: Smart Greenhouse Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 50: Germany: Smart Greenhouse Market: Sales Value (in Million US$), 2018 & 2023
Figure 51: Germany: Smart Greenhouse Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 52: France: Smart Greenhouse Market: Sales Value (in Million US$), 2018 & 2023
Figure 53: France: Smart Greenhouse Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 54: United Kingdom: Smart Greenhouse Market: Sales Value (in Million US$), 2018 & 2023
Figure 55: United Kingdom: Smart Greenhouse Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 56: Italy: Smart Greenhouse Market: Sales Value (in Million US$), 2018 & 2023
Figure 57: Italy: Smart Greenhouse Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 58: Spain: Smart Greenhouse Market: Sales Value (in Million US$), 2018 & 2023
Figure 59: Spain: Smart Greenhouse Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 60: Russia: Smart Greenhouse Market: Sales Value (in Million US$), 2018 & 2023
Figure 61: Russia: Smart Greenhouse Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 62: Others: Smart Greenhouse Market: Sales Value (in Million US$), 2018 & 2023
Figure 63: Others: Smart Greenhouse Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 64: Latin America: Smart Greenhouse Market: Sales Value (in Million US$), 2018 & 2023
Figure 65: Latin America: Smart Greenhouse Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 66: Brazil: Smart Greenhouse Market: Sales Value (in Million US$), 2018 & 2023
Figure 67: Brazil: Smart Greenhouse Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 68: Mexico: Smart Greenhouse Market: Sales Value (in Million US$), 2018 & 2023
Figure 69: Mexico: Smart Greenhouse Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 70: Others: Smart Greenhouse Market: Sales Value (in Million US$), 2018 & 2023
Figure 71: Others: Smart Greenhouse Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 72: Middle East and Africa: Smart Greenhouse Market: Sales Value (in Million US$), 2018 & 2023
Figure 73: Middle East and Africa: Smart Greenhouse Market: Breakup by Country (in %), 2023
Figure 74: Middle East and Africa: Smart Greenhouse Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 75: Global: Smart Greenhouse Industry: Drivers, Restraints, and Opportunities
Figure 76: Global: Smart Greenhouse Industry: Value Chain Analysis
Figure 77: Global: Smart Greenhouse Industry: Porter's Five Forces Analysis
List of Tables
Table 1: Global: Smart Greenhouse Market: Key Industry Highlights, 2023 & 2032
Table 2: Global: Smart Greenhouse Market Forecast: Breakup by Type (in Million US$), 2024-2032
Table 3: Global: Smart Greenhouse Market Forecast: Breakup by Offering (in Million US$), 2024-2032
Table 4: Global: Smart Greenhouse Market Forecast: Breakup by End User (in Million US$), 2024-2032
Table 5: Global: Smart Greenhouse Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 6: Global: Smart Greenhouse Market: Competitive Structure
Table 7: Global: Smart Greenhouse Market: Key Players

Companies Mentioned

  • Argus Control Systems Limited (Conviron)
  • Certhon
  • Heliospectra AB
  • Netafim (Orbia)
  • Sensaphone

Methodology

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Table Information