Global Smart Greenhouse Market study by Data Bridge Market Research provides details about the market dynamics affecting this market, Market scope, Market segmentation and overlays shadow upon the leading market players highlighting the favourable competitive landscape and trends prevailing over the years.
Smart Greenhouse Market report provides top to bottom assessment of the market with respect to income and developing business sector. The report encompasses several market dynamics while also evaluating the growth rate and the market value based on market dynamics and growth inducing factors. The industry analysis report is mainly explored under four major areas which are market definition, market segmentation, competitive analysis and research methodology. Smart Greenhouse Market business report also covers strategic profiling of the major players in the market, comprehensive analysis of their fundamental competencies, and thereby keeping competitive landscape of the market in front of the client.
Global smart greenhouse market was valued at USD 4.80 billion in 2021 and is expected to reach USD 13.69 billion by 2030, registering a CAGR of 10.8% during the forecast period of 2023-2030
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Market Definition
Smart greenhouse is defined as a self-regulating and self-monitoring, micro-climatically controlled environment for ideal plant growth. Therefore, even slight variations in these conditions helps in generating automated actions which evaluate change and take corrective action and also, helps in maintaining ideal conditions for plant growth.
Global Smart Greenhouse Market Dynamics
The use of modern technologies such as variable rate technology (VRT), data management software, mapping software, yield mapping software, and GPS in agricultural products is one of the major factors driving the growth of Smart Greenhouse Market. These technologies improve land fertility and profitability, maximize productivity, reduce the cost of farming and facilitate sustainable agriculture.
The increase in the concerns regarding soil erosion encouraging farmers to adopt advanced agricultural technologies further influence the market. The status of soil condition plays a crucial role in decision making regarding sustainable soil management and appropriate land use that is acquired with the help of modern agricultural solutions.
In addition, rapid urbanization, change in lifestyle, expansion of agricultural sector, surge in investments and increase in government initiatives positively affect the smart greenhouse market.
Industry 4.0 and the Industrial internet of things (IoT) have increased demand for diagnostics and mobile-based access, which will propel the industry forward. The existence of the multinational corporations funding in the research and development for industrial technologies, industrial Internet of Things (IoT) and as well as the cloud technology are the factors that will further boost the growth of the smart greenhouse market.
Opportunity
Furthermore, use of unmanned aerial vehicles or drones in agricultural farms and popularity of land-based recirculating aquaculture systems extend profitable opportunities to the market players in the forecast period of 2022 to 2029. In addition, rise in focus on integration of smartphones with agricultural hardware and software applications will further expand the market.
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Global Smart Greenhouse Market Regional Analysis/Insights
Asia-Pacific is the fastest growing and dominate the smart greenhouse market due to rise in the adoption of advanced technologies such as smart greenhouses to enable the supply of fresh fruits and vegetables, increasing number of government initiatives to promote adoption of smart agricultural practices, rising adoption of indoor farming in urban areas, increased reliability in the smart greenhouse, rising energy demand from the emerging economies, rising ever-growing population and increasing trend of indoor farming in this region.
Semiconductor Infrastructure growth Installed base and New Technology Penetration
The global smart greenhouse market also provides you with a detailed market analysis for every country’s growth in healthcare expenditure for capital equipment, installed base of different kinds of products for global smart greenhouse market, the impact of technology using lifeline curves, and changes in healthcare regulatory scenarios and their impact on the smart greenhouse market. The data is available for the historic period 2015-2020.
Some of the major players operating in the global smart greenhouse market are:
- Cultivar Ltd (U.K.)
- Certhon (Netherlands)
- Argus Control Systems Limited (Canada)
- LumiGrow (U.S.)
- Heliospectra AB (Sweden)
- Hort Americas (U.S.)
- Rough Brothers, Inc. (U.S.)
- GreenTech Agro LLC (U.S.)
- Netafim (Israel)
- Sensaphone (U.S.)
- LOGIQS B.V. (Netherlands)
- Nexus Corporation LTD (U.K.)
- International Greenhouse Company (U.S.)
- KUBO (Netherlands)
Highlights of TOC:
Chapter 1: Market overview
Chapter 2: Global Smart Greenhouse Market
Chapter 3: Regional analysis of the Global Smart Greenhouse Market industry
Chapter 4: Smart Greenhouse Market segmentation based on types and applications
Chapter 5: Revenue analysis based on types and applications
Chapter 6: Market share
Chapter 7: Competitive Landscape
Chapter 8: Drivers, Restraints, Challenges, and Opportunities
Chapter 9: Gross Margin and Price Analysis
Key takeaways from the Smart Greenhouse Market report:
- Detailed considerate of Smart Greenhouse Market-particular drivers, Trends, constraints, Restraints, Opportunities and major micro markets.
- Comprehensive valuation of all prospects and threat in the
- In depth study of industry strategies for growth of the Smart Greenhouse Market-leading players.
- Smart Greenhouse Market latest innovations and major procedures.
- Favorable dip inside Vigorous high-tech and market latest trends remarkable the Market.
- Conclusive study about the growth conspiracy of Smart Greenhouse Market for forthcoming years.
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