By 2032, the worldwide Smart Greenhouse Market is predicted to increase significantly and be worth $4,706.3 million. The market is being driven by factors like the growing adoption of indoor and rooftop farming, the associated benefits of smart greenhouses, the increasing adoption of advanced technologies like the Internet of Things (IoT) and artificial intelligence (AI), and government initiatives to promote smart farming practises. It is anticipated to grow at a consistent annual rate of 10.4% between 2022 and 2032.
The demand for food is growing as the world’s population continues to climb. By permitting effective and controlled crop cultivation all year long, smart greenhouses provide a sustainable option to fulfil this expanding need. These cutting-edge buildings offer the best conditions for plant growth in terms of temperature, lighting, and irrigation, leading to increased yields and better crop quality.
Growing in popularity are indoor and rooftop gardening, especially in metropolitan settings with limited space. Smart greenhouses provide the freedom from the limitations of conventional agriculture to develop crops in a controlled environment. Smart greenhouses maximise output and enable year-round farming, eliminating dependence on external weather conditions, by utilising vertical areas and modern cultivation techniques.
The advantages of smart greenhouses, including lessened pesticide use, increased energy efficiency, and decreased water use, all contribute to their rising popularity. Further improving operational effectiveness and crop management is the incorporation of cutting-edge technology like IoT and AI, which enables real-time monitoring, data analysis, and automation.
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The development of the global smart greenhouse market has also been significantly aided by government efforts designed to promote smart and sustainable agricultural practises. These programmes offer monetary incentives, technological support, and legal frameworks to promote the implementation of smart agricultural practises, which in turn promotes the growth of smart greenhouse systems globally.
Highlighted with 90 tables and 92 figures, this 183-page report “Global Smart Greenhouse Market 2022-2032 by Offering (Hardware, Software, Services), Greenhouse Type (Hydroponic, Non-hydroponic), Technology, Covering Material (PE, PC, Others), Crop (Vegetables, Fruits, Flowers), End User, and Region: Trend Forecast and Growth Opportunity” is based on comprehensive research of the entire global smart greenhouse market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
- Market Structure
- Growth Drivers
- Restraints and Challenges
- Emerging Product Trends & Market Opportunities
- Porter’s Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify global smart greenhouse market in every aspect of the classification from perspectives of Offering, Greenhouse Type, Technology, Covering Material, Crop, End User, and Region.
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Based on Offering, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
- Hardware
- Software
- Services
Based on Greenhouse Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
- Hydroponic
- Non-hydroponic
By Technology, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
- HVAC
- LED Grow Light
- Sensors and Cameras
- Material Handling
- Control System
- Irrigation System
- Valves and Pumps
- Other Technologies
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By Covering Material, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
- Polyethylene (PE)
- Polycarbonate (PC)
- Other Material Types
By Crop, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
- Vegetables
- Fruits
- Flowers and Ornamentals
- Other Crop Types
By End User, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
- Commercial Growers
- Retail Gardens
- Academic & Research Institutions
- Other End Users
Geographically, the following regions together with the listed national/local markets are fully investigated:
- North America (U.S., Canada, and Mexico)
- Europe (Germany, UK, France, Spain, Italy, Netherlands, Rest of Europe; Rest of Europe is further segmented into Russia, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
- APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
- South America (Brazil, Chile, Argentina, Rest of South America)
- MEA (UAE, Saudi Arabia, South Africa and Rest of MEA)
For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2022-2032. The breakdown of all regional markets by country and split of each national market by Greenhouse Type, Technology and Crop over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
Argus Control Systems Limited
CarbonBook (Motorleaf)
Certhon Group
Cultivar Ltd.
Desert Growing
Greenhouse Megastore (BFG Supply)
GreenTech Agro LLC
Growlink, Inc.
Heliospectra AB
Hort Americas, LLC
Logigs BV
Lumigrow Inc.
Netafim Limited
Nexus Corporation
Prospera Technologies
Pure Harvest Smart Farms, Ltd.
Rough Brothers Inc. (Gibraltar Industries INC.)
Sensaphone
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