Smart Greenhouse Market Revenue, Trends, Market Share Analysis, and Forecast to 2032

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 report considers COVID-19 as a key contributor of the dynamically altered market scenario. The report covers a comprehensive impact analysis of the global health crisis on the overall growth of the market. Furthermore, the report covers the current and future impact of the COVID-19 crisis on the market and its key segments. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.

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Key companies operating in the Smart Greenhouse market include:

Argus Control, Certhon, Rough Brothers, GreenTech Agro LLC, Netafim, Sensaphone, Cultivar, Heliospectra AB, LumiGrow, and Desert Growing

Key market aspects studied in the report:

Market Scope: The report explains the scope of various commercial possibilities in the global Smart Greenhouse market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

Key Benefits of the Report:

Comprehensive analysis of the competitive scenario and its changing dynamics
Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
In-depth 8-year analysis of the Global Smart Greenhouse Market
Critical understanding of the key market segments
Comprehensive analysis of the drivers, restraints, trends, and opportunities
Detailed regional analysis and extensive company profiling
Extensive assessment of current and emerging trends of the market

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Smart Greenhouse Market Segmentation:

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

Smart Greenhouse Market Segmentation by Regions:

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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