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.
Emergen research latest document, titled ‘Global Smart Greenhouse Market – Forecast to 2027,’ is one of the most sought-after market reports involving an in-depth analysis of the global Smart Greenhouse Market . The report’s authors have offered necessary details on the latest Smart Greenhouse Market trends and the crucial parameters impacting both short-term and long-term market growth. Its panoramic view of the Smart Greenhouse Market industry entails useful insights into the estimated Smart Greenhouse Market size, revenue share, and sales & distribution networks. Such helpful market insights are bound to help readers outline this industry’s key outcomes in the near future.
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Covid impact analysis :
Our experienced market research team has provided updated information on the ongoing COVID-19 pandemic and its adverse economic impact in the latter segment of the report. The coronavirus outbreak has led to drastic changes in the current Smart Greenhouse Market business landscape, limiting the growth opportunities for various manufacturers and buyers for the next few years. Besides making speculations about the market’s post-COVID-19 scenario, the Smart Greenhouse Market report discusses its existing situation. The Smart Greenhouse Market report eventually offers conclusive data related to the Smart Greenhouse Market growth assessed on both regional and global levels.
Key participants include
Argus Control, Certhon, Rough Brothers, GreenTech Agro LLC, Netafim, Sensaphone, Cultivar, Heliospectra AB, LumiGrow, and Desert Growing.
Market Scope:
One of the report’s central components is the broad Smart Greenhouse Market segmentation that includes the product type gamut, application spectrum, end-user industry landscape, significant geographical regions, and the top market contenders. The report contains unbiased industry expert opinions on the current market scenario, past market performance, production & consumption rates, demand & supply ratio, and revenue generation forecasts over the estimated period. The key players’ financial positions, along with their gross profits, sales volumes, sales revenue, manufacturing costs, and other financial ratios, have been accurately gauged in the report. Furthermore, several analytical tools like investment assessment, SWOT analysis, and Porter’s Five Forces Analysis have been implemented by our analysts’ team to evaluate the production and distribution capacities of the Smart Greenhouse Market players.
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Several driving forces underpin the growth of the Smart Greenhouse market. Firstly, the escalating global population coupled with diminishing arable land highlights the pressing need for efficient agricultural practices. Smart Greenhouses offer a solution by maximizing yield per square meter, enabling year-round cultivation, and mitigating the effects of adverse weather conditions, thus addressing food security concerns. Moreover, the rising demand for high-quality, pesticide-free produce has fueled the adoption of smart farming practices, as these greenhouses facilitate precise monitoring and management, leading to superior crop quality.
Key questions addressed in the report:
· What are the key factors driving the global Smart Greenhouse Market ?
· Who are the key manufacturers in this market space?
· Who are the distributors, traders and dealers of this market?
· What are the market opportunities and risks affecting the performance of the vendors in the global Smart Greenhouse Market ?
· What are the sales and revenue estimations for the top manufacturers in this market over the projected timeline?
Smart Greenhouse Market Segmentation
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
Highlights of the TOC:
· 1. Report Overview
1.1 Research Scope
1.2 Key Smart Greenhouse Market segments
1.3 Major players
1.4 Market analysis by product
1.5 Market analysis by application
1.6 Report timeline
· 2. Global Growth Trends
2.1 Global Smart Greenhouse Market size
2.2 Latest Smart Greenhouse Market trends
2.3 Key growth trends
· 3. Competitive Landscape
3.1 Global Smart Greenhouse Market key players
3.2 Global Smart Greenhouse Market size by manufacturers
3.3 Products of major players
3.4 Entry barriers in the Smart Greenhouse Market
3.5 Mergers, acquisitions, joint ventures, and strategic alliances
About us:
Emergen research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.
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