According to the report the global smart greenhouse market reached a value of USD 1.79 billion in 2022. Aided by the growing need for sustainable farming methods and the rising application of digital technology in agriculture, the market is projected to further grow at a CAGR of 13.37% between 2023 and 2028 to reach a value of USD 3.82 billion by 2028.
A smart greenhouse is a self-regulating, micro-climate-controlled environment conducive for optimal plant growth. It utilises various sensors and devices to automate watering, temperature control, light control, and nutrient control. Apart from these, smart greenhouses also enable efficient pest management, thereby ensuring superior yield quality and quantity. This amalgamation of traditional horticulture with digital technology aims to tackle various agricultural challenges, such as resource conservation, sustainability, and food security.
The rising global emphasis on sustainable farming practices is a significant driver of the smart greenhouse market growth. As climate change continues to impact traditional farming methods, there is a surge in the need for controlled, adaptable environments for agriculture, thus fuelling demand for smart greenhouses. Additionally, increasing consciousness about water conservation and reducing the carbon footprint associated with conventional agriculture further boosts this market.
The expanding integration of digital technology in agriculture also contributes to the smart greenhouse market expansion. Precision agriculture, which aims to enhance the efficiency and productivity of farming through data-driven insights, has emerged as a key trend in recent years. In this context, smart greenhouses, equipped with IoT devices, AI, and machine learning algorithms, can provide real-time data about crop health, weather conditions, and resource usage, leading to precise and informed farming decisions.
Moreover, the escalating demand for fresh and locally sourced produce plays a crucial role in the smart greenhouse market development. As urbanisation intensifies, there is a growing need for innovative agricultural practices that allow cultivation in limited spaces. Here, smart greenhouses offer an efficient solution, enabling urban farming and contributing to the concept of 'farm to fork,' thereby driving market expansion.
Furthermore, the rising global population and resultant food demand have led to an increased focus on maximising agricultural yield, thereby highlighting the importance of smart greenhouses. These digitally equipped structures help in year-round cultivation, eliminating the constraints of seasonal farming and ensuring a steady supply of produce.
Furthermore, the rapid advancements in AI and IoT technology have significantly streamlined the operation and management of smart greenhouses, making them a more accessible and popular choice among farmers and cultivators. The future advancements in this digital technology promise even more sophisticated, efficient, and autonomous greenhouses, further promising growth for the smart greenhouse market.
Our high-quality, data-driven analyses provide the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.
Don't miss the opportunity to elevate your business intelligence and fortify your strategic planning. Secure your organisation's future success by acquiring one of these reports today.
*The publisher always strives to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
A smart greenhouse is a self-regulating, micro-climate-controlled environment conducive for optimal plant growth. It utilises various sensors and devices to automate watering, temperature control, light control, and nutrient control. Apart from these, smart greenhouses also enable efficient pest management, thereby ensuring superior yield quality and quantity. This amalgamation of traditional horticulture with digital technology aims to tackle various agricultural challenges, such as resource conservation, sustainability, and food security.
The rising global emphasis on sustainable farming practices is a significant driver of the smart greenhouse market growth. As climate change continues to impact traditional farming methods, there is a surge in the need for controlled, adaptable environments for agriculture, thus fuelling demand for smart greenhouses. Additionally, increasing consciousness about water conservation and reducing the carbon footprint associated with conventional agriculture further boosts this market.
The expanding integration of digital technology in agriculture also contributes to the smart greenhouse market expansion. Precision agriculture, which aims to enhance the efficiency and productivity of farming through data-driven insights, has emerged as a key trend in recent years. In this context, smart greenhouses, equipped with IoT devices, AI, and machine learning algorithms, can provide real-time data about crop health, weather conditions, and resource usage, leading to precise and informed farming decisions.
Moreover, the escalating demand for fresh and locally sourced produce plays a crucial role in the smart greenhouse market development. As urbanisation intensifies, there is a growing need for innovative agricultural practices that allow cultivation in limited spaces. Here, smart greenhouses offer an efficient solution, enabling urban farming and contributing to the concept of 'farm to fork,' thereby driving market expansion.
Furthermore, the rising global population and resultant food demand have led to an increased focus on maximising agricultural yield, thereby highlighting the importance of smart greenhouses. These digitally equipped structures help in year-round cultivation, eliminating the constraints of seasonal farming and ensuring a steady supply of produce.
Furthermore, the rapid advancements in AI and IoT technology have significantly streamlined the operation and management of smart greenhouses, making them a more accessible and popular choice among farmers and cultivators. The future advancements in this digital technology promise even more sophisticated, efficient, and autonomous greenhouses, further promising growth for the smart greenhouse market.
Market Segmentation
The market can be divided based on type, component, end-user, and region.Market Breakup by Type
- Hydroponics
- Non-Hydroponics
Market Breakup by Component
- HVAC Systems
- LED Grow Lights
- Irrigation Systems
- Sensor and Control System
- Valves and Pumps
- Others
Market Breakup by End-User
- Commercial Growers
- Research and Educational Institutes
- Retail Gardens
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global smart greenhouse companies. Some of the major key players explored in the report are as follows:- Heliospectra AB
- Certhon Build B.V.
- Synnefa
- Nexsel Tech Pvt Ltd
- Argus Control Systems Limited
- Greentech Organic Hydroponics Systems Mfrs
- Netafim Ltd
- Phonetics Incorporated (Sensaphone)
- Others
About the Publisher
Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.Our high-quality, data-driven analyses provide the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.
Don't miss the opportunity to elevate your business intelligence and fortify your strategic planning. Secure your organisation's future success by acquiring one of these reports today.
*The publisher always strives to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.
Table of Contents
1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Smart Greenhouse Market Analysis
8.1 Key Industry Highlights
8.2 Global Smart Greenhouse Historical Market (2018-2022)
8.3 Global Smart Greenhouse Market Forecast (2023-2028)
8.4 Global Smart Greenhouse Market by Type
8.4.1 Hydroponics
8.4.1.1 Historical Trend (2018-2022)
8.4.1.2 Forecast Trend (2023-2028)
8.4.2 Non-Hydroponics
8.4.2.1 Historical Trend (2018-2022)
8.4.2.2 Forecast Trend (2023-2028)
8.5 Global Smart Greenhouse Market by Component
8.5.1 HVAC Systems
8.5.1.1 Historical Trend (2018-2022)
8.5.1.2 Forecast Trend (2023-2028)
8.5.2 LED Grow Lights
8.5.2.1 Historical Trend (2018-2022)
8.5.2.2 Forecast Trend (2023-2028)
8.5.3 Irrigation Systems
8.5.3.1 Historical Trend (2018-2022)
8.5.3.2 Forecast Trend (2023-2028)
8.5.4 Sensor and Control System
8.5.4.1 Historical Trend (2018-2022)
8.5.4.2 Forecast Trend (2023-2028)
8.5.5 Valves and Pumps
8.5.5.1 Historical Trend (2018-2022)
8.5.5.2 Forecast Trend (2023-2028)
8.5.6 Others
8.6 Global Smart Greenhouse Market by End-User
8.6.1 Commercial Growers
8.6.1.1 Historical Trend (2018-2022)
8.6.1.2 Forecast Trend (2023-2028)
8.6.2 Research and Educational Institutes
8.6.2.1 Historical Trend (2018-2022)
8.6.2.2 Forecast Trend (2023-2028)
8.6.3 Retail Gardens
8.6.3.1 Historical Trend (2018-2022)
8.6.3.2 Forecast Trend (2023-2028)
8.6.4 Others
8.7 Global Smart Greenhouse Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2022)
8.7.1.2 Forecast Trend (2023-2028)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2022)
8.7.2.2 Forecast Trend (2023-2028)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2022)
8.7.3.2 Forecast Trend (2023-2028)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2022)
8.7.4.2 Forecast Trend (2023-2028)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2022)
8.7.5.2 Forecast Trend (2023-2028)
9 North America Smart Greenhouse Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
10 Europe Smart Greenhouse Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 France
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Smart Greenhouse Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 India
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Historical Trend (2018-2022)
11.4.2 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Historical Trend (2018-2022)
11.5.2 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Smart Greenhouse Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2022)
12.1.2 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Historical Trend (2018-2022)
12.2.2 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Historical Trend (2018-2022)
12.3.2 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Smart Greenhouse Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2022)
13.1.2 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2022)
13.2.2 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Historical Trend (2018-2022)
13.3.2 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Historical Trend (2018-2022)
13.4.2 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Heliospectra AB
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Certhon Build B.V.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Synnefa
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Nexsel Tech Pvt Ltd
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Argus Control Systems Limited
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Greentech Organic Hydroponics Systems Mfrs
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Netafim Ltd
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Phonetics Incorporated (Sensaphone)
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Others
16 Key Trends and Developments in the Market
Companies Mentioned
- Heliospectra AB
- Certhon Build B.V.
- Synnefa
- Nexsel Tech Pvt Ltd
- Argus Control Systems Limited
- Greentech Organic Hydroponics Systems Mfrs
- Netafim Ltd
- Phonetics Incorporated (Sensaphone)
Methodology
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