The global smart greenhouse market size is expected to reach USD 3.16 Billion in 2028 and register a steady CAGR over the forecast period, according to latest analysis by Emergen Research. Demand for automated (Light Emitting Diode) LED lighting greenhouse has been increasing to meet plants needs with real-time and scheduled spectrum. LED grow lights improve plant growth, offer reduced electricity consumption, and add additional light without increasing need for much modification of existing electrical infrastructure. The waste heat from LEDs can be transferred and distributed for use in greenhouse heating, which offsets the cost of fuel during cold weather and climate, and allows venting during warm weather.
It sheds light on the major companies that contribute significantly to the global sector. The report studies the presence of these companies in major geographical regions and their individual placement in the worldwide business. It helps in projecting the growth of smart greenhouse through the years and in predicting its expansion in the forecasted time span. The increase in the demand for the product is boosting the overall production to ensure a smooth functioning demand-supply chain.
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The report offers a panoramic view of the competitive landscape of the industry and a detailed analysis of the key players of the market based on their revenue, profit margins, financial standing, global market position, RD activities, and product portfolio. It also covers their strategic endeavors such as mergers and acquisitions, joint ventures, collaborations, partnerships, corporate and government deals, and product launches and brand promotions, among others. The key players profiled in the report are Argus Control, Certhon, Rough Brothers, GreenTech Agro LLC, Netafim, Sensaphone, Cultivar, Heliospectra AB, LumiGrow, and Desert Growing.
Key Coverage of the Smart Greenhouse Market:
- Insightful information regarding the global Smart Greenhouse market
- Identification of growth in various segments and sub-segments of the Smart Greenhouse market
- Strategic recommendations for investment opportunities
- The report covers significant statistics related to the industry along with products, applications, price analysis, demand supply, and production and consumptions rate
- Emerging trends and current market segment analysis to help investors formulate new business strategies
- Accelerates the decision-making process through the availability of the drivers and limitations
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Emergen Research has segmented the global smart greenhouse market on the basis of type, component, end-use, and region:
Type Outlook (Revenue, USD Billion; 2018–2028)
- Hydroponics
- Non-hydroponics
Component Outlook (Revenue, USD Billion; 2018–2028)
- LED Grow Lights
- HVAC System
- Sensors Control System
- Irrigation System
- Others
End-use Outlook (Revenue, USD Billion; 2018–2028)
- Research Educational Institutes
- Commercial Growers
- Retail Gardens
- Others
Regional Analysis of the Smart Greenhouse Market Includes:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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