Global Smart Greenhouse Market

Smart Greenhouse Market Size, Share, Growth Analysis, By Type(Hydroponic, Non-Hydroponic), By Component(LED Grow Lights, HVAC Systems), By End-User(Commercial Growers, Research & Educational Institutes) - Industry Forecast 2024-2031


Report ID: SQMIG20H2008 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 92 | Figures: 76

Smart Greenhouse Market Insights

Smart Greenhouse Market size was valued at USD 1607.87 million in 2019 and is poised to grow from USD 1772.36 million in 2023 to USD 4258.43 million by 2031, growing at a CAGR of 10.23% in the forecast period (2024-2031).

Smart greenhouse greenhouse employs automated crop cultivation. Wherein, crops can grow for a specific amount of time without any climatic modification or human intervention. Smart greenhouses use a variety of microprocessors and sensors to carry out tasks including managing the irrigation system and temperature. The main goal of the smart greenhouse is to increase farmer productivity and yield better agricultural results.

Smart greenhouse market is expanding as a result of the rising demand for organic food around the world and the rapid uptake of IoT and AI by farmers and agriculturists. The market's expansion is also fueled by how simple it is to monitor and harvest crops. However, the expansion is hampered by high investment costs brought on by the usage of pricey technology in smart greenhouses. On the other hand, it is anticipated that growing public-private partnerships in the agriculture sector and increased usage of vertical farming technologies would offer attractive potential for market expansion.

A smart greenhouse transforms agriculture by creating a self-regulating microclimate environment for the development of a variety of plants in accordance with their ideal circumstances. It is accomplished through indoor farming, which helps to optimise and automate the growth process by using sensors, monitoring, and control systems. As per Planning and Statistics Authority of Qatar, the output of the most popular vegetables in the nation in greenhouses and open fields went from 31.573 tonnes in 2023 to 66.500 tonnes in 2019, a rise of around 110 %.

Modern sensor and communications technology is installed in smart greenhouses, which automatically collect and communicate data about their surroundings and crops seven days a week. To find bottlenecks and abnormalities, data is gathered and transferred into an IoT platform, where analytical algorithms turn it into usable intelligence. By obtaining extensive crop information, a smart greenhouse enables farmers to save labour costs, boost resource and chemical efficiency, and raise output rates. The market for IoT and AI-based agricultural solutions is anticipated to expand as demand for organic food rises around the world and farmers adopt technology at an increasing rate.

US Smart Greenhouse Market is poised to grow at a sustainable CAGR for the next forecast year.

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Smart Greenhouse Market Segmental Analysis

Smart Greenhouse Market is segmented based on Type, Component, End-User and Region. Based on the Type, the Global Smart Greenhouse Market is segmented Hydroponic and Non-Hydroponic. Based on the Component, the Global Smart Greenhouse Market is segmented into LED Grow Lights, HVAC Systems, Irrigation Systems, Controlling Systems, and Irrigation Systems. Based on the End-User, the Smart Greenhouse Market is divided into Commercial Growers, Research & Educational Institutes, Retail Gardens and Others. Based on Region, Smart Greenhouse Market is categorized into North America, Europe, Asia-Pacific, South America, and MEA.

Smart Greenhouse Market Analysis by Type

By type, smart greenhouse market is bifurcated into hydroponic and non-hydroponic. Hydroponics is currently dominating the market. The segment is gaining the demand from the large number of farmers since it has the capability to produce higher yield. In addition to this, the produce is often referred as residue free, which attract a lot of consumers’ attention to the technology.

Smart Greenhouse Market Analysis by Component

By component, smart greenhouse market sub-segmented into LED Grow Lights, HVAC Systems, Irrigation Systems, Controlling Systems, and Irrigation Systems. Due to the need for expensive equipment like HVAC, control systems, LED grow lights, and sensors in smart greenhouses, LED grow lights now occupy the largest market share in this industry. An array of LEDs that have been specifically created for use in smart greenhouse applications make up the LED grow light unit. Although pricey, LED grow lights are a crucial component of a smart greenhouse.

Smart Greenhouse Market Analysis by End- User

The research and educational institutions sector dominated the smart greenhouse market in terms of end users. For public or private study, businesses are giving research & educational institutions smart greenhouses. By incorporating various plant systems and plant research tools into their designs for these research facilities, they are able to offer fully working smart greenhouse facilities. Depending on the needs of the research activities to be conducted, research greenhouses might be modest or enormous. For instance, Nexus Corporation creates 500-square-foot smart greenhouses for high school programmes in addition to 15,000-square-foot cutting-edge research facilities. The primary end users in the global smart greenhouses market are research and educational institutions since they conduct study on various plants, fruits, and vegetables and give students on campuses and schools practical experience.

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Smart Greenhouse Market Regional Insights

Asia Pacific smart greenhouse market is projected to grow at the highest CAGR during the forecast period due to the rising demand for fresh food in countries like China and India. Resources are few, and the area is rapidly becoming more urbanised. Growers would need to embrace smart technologies to meet the demand. This is putting pressure on the existing resources to meet the growing demand for agricultural output.

Europe is anticipated to hold the largest market share of the smart greenhouses market. The region's agriculture sector employs highly skilled professionals and cutting-edge technology. With one of the strongest economies in the world and a wide variety of industries, Europe has greater potential for capital investments. Similar to this, North America's smart greenhouse market is anticipated to expand over the forecast period due to the region's dominance of the global smart agricultural sector.

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Smart Greenhouse Market Dynamics

Smart Greenhouse Market Driver

  • Growing Adoption of Smart Greenhouse

As the world becomes increasingly reliant on clean energy, sustainable farming practices are becoming more and more important. One such practice is growing crops in smart greenhouses, which use sensors and automation to optimize climate and energy usage.

According to a study by SkyQuest, the smart greenhouse market will grow at a healthy CAGR during the forecast period. This growth is due in part to increased awareness of the benefits of using smart greenhouses, as well as the increasing demand for food that is both sustainable and affordable. In addition, governments are increasingly funding research and development in this area, meaning that there are plenty of innovations to be made in the coming years.

One major player in the smart greenhouse market is Intel Corporation, which has developed a series of products designed to make it easier for growers to adopt this type of farming. These products include the Intel Greenhouse Software Development Kit (IntelGGSDK), which provides software developers with tools needed to create smart greenhouses, and the Intel Edison platform, which is used to power these devices.

  • Increased AI investments.

The market is seeing investments in Artificial Intelligence (AI). For example, MetoMotion, a business that develops sophisticated, intelligent robotic solutions to help farmers with farm activities, raised USD 5 million in funding in September 2021. The financing was supported by Navus Ventures, a family investment company run by Lely, and Ridder, a well-known greenhouse technology company. Sirius VC also took part in the round. The GRoW robot from MetoMotion uses the most recent AI-based processors for 3D vision to bring cutting-edge technology into the greenhouse. The robot's particular shape is a result of specifically designed, flexible motion control and path-planning algorithms, which match the current greenhouse environment.

Smart Greenhouse Market Restraint

  • High Installation and Upkeep Cost

The smart greenhouse concept may offer the grower a number of benefits, but the market growth is being constrained by the high investment costs associated with the deployment of pricey technology. Additionally, there is an increase in the use of vertical farming technology, which is an energy-intensive method of growing crops that combines several technologies, including artificial intelligence, robotics, the Internet of Things, big data analysis, and others. To increase crop growth efficiency the installation of pricey systems like HVAC, control systems, LED grow lights, and sensors is necessary for smart greenhouses. An array of LEDs that have been specifically created for use in smart greenhouse applications make up the LED grow light unit. Although pricey, LED grow lights are a crucial component of a smart greenhouse. The devices include various LED light kinds with varying wattages and wavelengths that are necessary for supplying the necessary light for the particular plant species. Thus, the installation of LED technology for smart greenhouses is delayed as a result of this extensive lighting system.

Installation costs can be high. In fact, according to the Greenhouse Association of America, the average cost of installing a greenhouse is $14,000. That's more than three times the cost of installing a traditional home structure!

-Greenhouses need regular maintenance and repairs. For example, they may need to be cleaned and reseeded every year, and they often need replaced parts such as roofing or glass windows.

-The upfront costs don't necessarily mean that greenhouses are expensive long-term. However, if you plan on using your greenhouse for a long time, it's worth investing in quality materials and components that will last.

  • Lack of common industry standards and regulations:

There is no industry standard for the management of farm data in the global smart greenhouse market. As the smart greenhouse features micro-suppressors and sensors that are needed to carry out various tasks like controlling temperature and irrigation systems, the data received from these systems is of utmost importance. In a sophisticated greenhouse, any kind of fruit, plant, or vegetable can be grown at any time of the year. These data must be carefully handled and stored as they are utilised to make the productive decisions necessary for the development of a certain crop. A successful farming technique relies on these data to assess the farm's state. To enhance the choices made for efficient farm management. The management of the data must be done correctly. Additionally, a lot of farmers and cultivators in the global smart greenhouse market are unaware of how to use this data to make smart decisions. As a result, it has become difficult to educate farmers and cultivators on how to use technologies and procedures for data management in an efficient manner.

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Smart Greenhouse Market Competitive Landscape

Nexus Corporation, Argus Control Systems Limited, Certhon, Rough Brothers, Inc., GreenTech Agro LLC, Netafim, Sensaphone, Cultivar Ltd., Heliospectra AB, and LumiGrow are some of the key players in the global smart greenhouse market. These businesses want to increase generating productivity while utilising resources like labour as sparingly as possible. To find and stop infections and diseases in crops, they are also working and spending enormous sums of money on research and development. For instance, LumiGrow and Scanit Technologies have introduced LumiGrow SporeCam sensors for early disease detection, allowing farmers to examine and find illnesses like Powdery Mildew and Botrytis. This will assist farmers in crop optimization, preventative measures, and necessary crop care which will to minimize the yield loss. Smaller vendors are anticipated to dominate the global smart greenhouse market in local areas while larger vendors are anticipated to battle fiercely for obtaining large-scale projects. Due to the distribution of their presence along the value chain and their capacity to reduce risk, major suppliers that provide integrated products are anticipated to control a bigger part of the adoption of their solutions.

Smart Greenhouse Market Top Player's Company Profiles

  • Heliospectra AB
  • LumiGrow Inc.
  • Rough Brothers Inc.
  • Nexus Corporation
  • Terrasphere Systems LLC
  • Certhon
  • GreenTech Agro LLC
  • Logiqs BV
  • Ceres Greenhouse Solutions
  • Hort Americas LLC
  • Smart Cannabis Corp.
  • Green IQ
  • Netafim Ltd.
  • Signify Holding BV (formerly known as Philips Lighting)
  • Motorleaf Inc.
  • International Greenhouse Company
  • BrightFarms Inc.
  • Green Automation Americas LLC
  • Agra Tech, Inc.
  • Conservatory Craftsmen

Smart Greenhouse Market Recent Developments

  • In January 2022, Greenhouse Megastore, a wholesaler of commercial and amateur greenhouse buildings and related products, was taken over by BFG Supply. The addition of GMS to BFG's greenhouse product offerings and capabilities will raise service standards for customers in the horticulture business.
  • In March 2021, A definitive agreement has been signed by Netafim, a member of the Orbia community of companies and the world's foremost provider of precision irrigation solutions and agricultural projects, to purchase Dutch turnkey greenhouse project provider Gakon.
  • In July 2021, MineARC Systems, a producer and supplier of controlled environments for biotechnology and agricultural applications, partnered with Heliospectra as a reseller. The business would represent Heliospectra's industry-leading LED lighting and light control systems for indoor agriculture on the Australian market.
  • In May 2021, Heliospectra AB and Harahara Inc. have formed a collaboration for dominating the market for LED lights and light control systems for greenhouses, agriculture, and other controlled situations (PFALs).

Smart Greenhouse Key Market Trends

  • Intensive methods of rooftop cultivation are now in trend all over the smart global greenhouse market. Rooftop farming is the process of growing fruits, vegetables, and flowers on a building's rooftop. Green roofs, hydroponics, and an aeroponics system are necessary for this farming. Due of the lack of arable land, this farming method is primarily used in metropolitan settings. Rooftop farms are typically developed on the roofs of high-rise buildings. These farms capture rainfall, minimise pests and human intervention in crop production, and offer clean air. All of these elements are developing the potential for rooftop farming, which will greatly expand the market for smart greenhouses.
  • Global smart greenhouse market is seeing a surge in the investments in AI. MetoMotion, a business that develops sophisticated, intelligent robotic solutions to help farmers with farm activities, raised USD 5 million in funding in September 2021. The financing was supported by Navus Ventures, a family investment company run by Lely, and Ridder, a well-known greenhouse technology company. Sirius VC also took part in the round. The GRoW robot from MetoMotion uses the most recent AI-based processors for 3D vision to bring cutting-edge technology into the greenhouse. The robot's particular shape is a result of specifically designed, flexible motion control and path-planning algorithms, which match the current greenhouse environment.

Smart Greenhouse Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research.

According to our global smart greenhouse market analysis, growing global smart greenhouse adoption, increased investments in artificial intelligence and Internet of Things (IoT)are some major factors driving the growth of the global Smart Greenhouse market.

Report Metric Details
Market size value in 2023 USD 1607.87 million
Market size value in 2031 USD 4258.43 million
Growth Rate 10.23%
Forecast period 2024-2031
Forecast Unit (Value) USD Million
Segments covered
  • Type
    • Hydroponic, Non-Hydroponic
  • Component
    • LED Grow Lights, HVAC Systems, Irrigation Systems, Controlling Systems, Irrigation Systems
  • End-User
    • Commercial Growers, Research & Educational Institutes, Retail Gardens, Others
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Heliospectra AB
  • LumiGrow Inc.
  • Rough Brothers Inc.
  • Nexus Corporation
  • Terrasphere Systems LLC
  • Certhon
  • GreenTech Agro LLC
  • Logiqs BV
  • Ceres Greenhouse Solutions
  • Hort Americas LLC
  • Smart Cannabis Corp.
  • Green IQ
  • Netafim Ltd.
  • Signify Holding BV (formerly known as Philips Lighting)
  • Motorleaf Inc.
  • International Greenhouse Company
  • BrightFarms Inc.
  • Green Automation Americas LLC
  • Agra Tech, Inc.
  • Conservatory Craftsmen
Customization scope

Free report customization with purchase. Customization includes:-

  • Segments by type, application, etc
  • Company profile
  • Market dynamics & outlook
  • Region

Historical Year 2019

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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Smart Greenhouse Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Smart Greenhouse Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Smart Greenhouse Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Smart Greenhouse Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Smart Greenhouse Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Smart Greenhouse Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.

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FAQs

Smart Greenhouse Market size was valued at USD 1607.87 million in 2019 and is poised to grow from USD 1772.36 million in 2023 to USD 4258.43 million by 2031, growing at a CAGR of 10.23% in the forecast period (2024-2031).

Nexus Corporation, Argus Control Systems Limited, Certhon, Rough Brothers, Inc., GreenTech Agro LLC, Netafim, Sensaphone, Cultivar Ltd., Heliospectra AB, and LumiGrow are some of the key players in the smart greenhouse market. These businesses want to increase generating productivity while utilising resources like labour as sparingly as possible. To find and stop infections and diseases in crops, they are also working and spending enormous sums of money on research and development. For instance, LumiGrow and Scanit Technologies have introduced LumiGrow SporeCam sensors for early disease detection, allowing farmers to examine and find illnesses like Powdery Mildew and Botrytis. This will assist farmers in crop optimization, preventative measures, and necessary crop care which will to minimize the yield loss. Smaller vendors are anticipated to dominate the smart greenhouse market in local areas while larger vendors are anticipated to battle fiercely for obtaining large-scale projects. Due to the distribution of their presence along the value chain and their capacity to reduce risk, major suppliers that provide integrated products are anticipated to control a bigger part of the adoption of their solutions. 'Heliospectra AB', 'LumiGrow Inc.', 'Rough Brothers Inc.', 'Nexus Corporation', 'Terrasphere Systems LLC', 'Certhon', 'GreenTech Agro LLC', 'Logiqs BV', 'Ceres Greenhouse Solutions', 'Hort Americas LLC', 'Smart Cannabis Corp.', 'Green IQ', 'Netafim Ltd.', 'Signify Holding BV (formerly known as Philips Lighting)', 'Motorleaf Inc.', 'International Greenhouse Company', 'BrightFarms Inc.', 'Green Automation Americas LLC', 'Agra Tech, Inc.', 'Conservatory Craftsmen'

Growing Adoption of Smart Greenhouse

Intensive methods of rooftop cultivation are now in trend all over the smart greenhouse market. Rooftop farming is the process of growing fruits, vegetables, and flowers on a building's rooftop. Green roofs, hydroponics, and an aeroponics system are necessary for this farming. Due of the lack of arable land, this farming method is primarily used in metropolitan settings. Rooftop farms are typically developed on the roofs of high-rise buildings. These farms capture rainfall, minimise pests and human intervention in crop production, and offer clean air. All of these elements are developing the potential for rooftop farming, which will greatly expand the market for smart greenhouses.

Asia Pacific smart greenhouse market is projected to grow at the highest CAGR during the forecast period due to the rising demand for fresh food in countries like China and India. Resources are few, and the area is rapidly becoming more urbanised. Growers would need to embrace smart technologies to meet the demand. This is putting pressure on the existing resources to meet the growing demand for agricultural output.

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Global Smart Greenhouse Market

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