Smart Greenhouse Market Share, Recent Trends, Business Overview, Application, Types, Future Growth and Forecasts 2020 – 2028

August 21 03:36 2021
Smart Greenhouse Market Share, Recent Trends, Business Overview, Application, Types, Future Growth and Forecasts 2020 - 2028
The study methodologies used to examine the Smart Greenhouse market for the forecast period, 2020 – 2028 further classifies the industry by type, geography, end-use and end-user to add more precision and bring to light factors responsible for augmenting business development.

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. Steady market revenue growth can be attributed to rapid urbanization, climate change, growing global population, and rising food demand. Rising awareness among farmers regarding the benefits of automatic monitoring and control of greenhouse environment has resulted in increasing adoption of smarter greenhouse automation systems and techniques in the recent past. Limited availability of arable land in developed and developing countries is also driving deployment of smart greenhouses to increase crop yield in order to meet rising demand for food. Advancements in technology is aiding in wirelessly controlling and monitoring multiple greenhouses using Internet of Things (IoT) from a central location.

The investigative approach applied for the extensive analysis of the sale, gross margin and profit generated by the industry are presented through resources including tables, charts, and graphic images. Importantly, these resources can be easily integrated or used for preparing business or corporate presentations.

You Can Download Free Sample PDF Copy of Smart Greenhouse Market at https://www.emergenresearch.com/request-sample/717

Some Key Highlights From the Report

In July 2020, Netafim USA enhanced its Digital Farming solution offering with the addition of Industry leading soil sensor technology of Sentek. The agreement is expected to help in the integration of Automated Irrigation Control, Fertigation, and Crop Protection Solutions of Netafim, with the Industry’s Leading Precision Soil Moisture Management Technologies.

Hydroponics segment accounted for largest revenue share in 2020. Unfavorable weather conditions and increasing need to feed a growing population has resulted in rising utilization of hydroponic technology to mitigate impending food shortage.

LED grow lights segment revenue is expected to expand at a rapid CAGR during the forecast period. Increasing usage of automated LED lighting in greenhouses lowers electricity bills, provides additional lighting without increasing electrical infrastructure, and improves plant performance and ability to meet year-round growing schedules.

Research & educational Institutes segment accounted for a significantly high revenue share in the smart greenhouse market in 2020. Research & educational institutes are carrying out research activities for development of greenhouse monitoring using wireless sensor networks, which is expected to drive growth of the segment going ahead.

Asia Pacific accounted registered fastest revenue growth that other regional markets in the global smart greenhouse market in 2020. Increasing government initiatives favoring adoption of Controlled Environment Agriculture (CEA) practices to increase crop yield and quality is contributing to steady growth of the smart greenhouses market in the region.

Major players in the market include Argus Control, Certhon, Rough Brothers, GreenTech Agro LLC, Netafim, Sensaphone, Cultivar, Heliospectra AB, LumiGrow, and Desert Growing.

Buy [email protected] https://www.emergenresearch.com/select-license/717

Regional scope: – North America; Europe; Asia Pacific; Central & South America; MEA

Emergen Research has segmented the Smart Greenhouse market on the basis of machinery type, packaging type, end-use, application, 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    

You Can Download Free Sample PDF Copy of Smart Greenhouse Market at https://www.emergenresearch.com/request-sample/717

The industry experts have left no stone unturned to identify the major factors influencing the development rate of the Smart Greenhouse industry including various opportunities and gaps. A thorough analysis of the micro markets with regards to the growth trends in each category makes the overall study interesting. When studying the micro markets the researchers also dig deep into their future prospect and contribution to the Smart Greenhouse industry.

Key questions answered in the report

What will be the market size in terms of value and volume in the next five years?

Which segment is currently leading the market?

In which region will the market find its highest growth?

Which players will take the lead in the market?

What are the key drivers and restraints of the market’s growth?

Research Methodology

Data triangulation and market breakdown

Research assumptions Research data including primary and secondary data

Primary data includes breakdown of primaries and key industry insights

Secondary data includes key data from secondary sources

The report on global Smart Greenhouse market is intended to offer business owners, stakeholders and field marketing executives a broad overview of the business they should be focussing on for the estimated period. The research further holds vital information on the size of market and data on the prominent leaders’ product owners have to compete with, in the coming years. Assessments of the broad strengths, as well as weaknesses too, add value to the overall research. Products details not only cover the popular applications and its performance, but it also unveils certain trends and value of specific products within specific regions.  

Read [email protected] https://www.emergenresearch.com/industry-report/smart-greenhouse-market

Table of content:

Chapter 1. Methodology & Sources

    1.1. Market Definition

    1.2. Research Scope

    1.3. Methodology

    1.4. Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

    1.5. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2019-2027

Chapter 3. Key Insights

Chapter 4. Smart Greenhouse Market Segmentation & Impact Analysis

    4.1. Smart Greenhouse Market Material Segmentation Analysis

    4.2. Industrial Outlook

          4.2.1. Market indicators analysis

          4.2.2. Market drivers analysis

                    4.2.2.1. Growing demand for growing medicinal application

                    4.2.2.2. Rising legalization of Smart Greenhouse

                    4.2.2.3. Technological advancement in product invention

          4.2.3. Market restraints analysis

                    4.2.3.1. The complex regulatory framework for the usage of Smart Greenhouse

    4.3. Technological Insights

    4.4. Regulatory Framework

    4.5. Porter’s Five Forces Analysis

    4.6. Competitive Metric Space Analysis

    4.7. Price trend Analysis

    4.8. Covid-19 Impact Analysis

Continued…

Media Contact
Company Name: Emergen Research
Contact Person: Eric Lee
Email: Send Email
Phone: +1 (604) 757-9756
Address:14671 110 Avenue Surrey, British Columbia, V3R2A9
City: Surrey
State: British Columbia
Country: Canada
Website: www.emergenresearch.com/industry-report/smart-greenhouse-market


Warning: count(): Parameter must be an array or an object that implements Countable in /home/atlantanewsonlin/public_html/news.bostonnewsdesk.com/wp-content/themes/gadgetine-theme/includes/single/post-tags-categories.php on line 7
  Categories: