PUBLISHER: IMARC | PRODUCT CODE: 1521290
PUBLISHER: IMARC | PRODUCT CODE: 1521290
Smart Greenhouse Market by Type (Hydroponic, Non-Hydroponic), Offering (Hardware, Software, Services), End User (Commercial Growers, Research and Educational Institutes, Retail Gardens, and Others), and Region 2024-2032
The global smart greenhouse market size reached US$ 1.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 4.0 Billion by 2032, exhibiting a growth rate (CAGR) of 8.38% during 2024-2032. The rising consumer preferences for organic food, increasing utilization of vertical farming technology, and supportive government initiatives represent some of the key factors driving the market.
A smart greenhouse is an advanced concept encompassing a traditional greenhouse equipped with cutting-edge sensors and communications systems to continuously monitor, gather, and deliver data on the surroundings and crops. The collected data is fed into a platform where analytical algorithms convert it into actionable insights to uncover potential problems and analyze crop disease and infection risks. It helps optimize plant growth by regulating temperature, heat, humidity, and light automatically, as well as on demand. It provides a self-regulated controlled environment that allows crops to reach the harvesting stage faster while retaining the maximum nutrients. It also controls moisture in the soil to automatically supplement all crops with precise quantities of water. Since it aids farmers in reducing labor work, improving resource and chemical use efficiency, and optimizing yield rates with minimal human and climate interference, the smart greenhouse is rapidly gaining popularity across the globe.
Smart Greenhouse Market Trends:
Smart greenhouses assist in enhancing the productivity of farmers and producing better farming outcomes. As a result, the surging awareness regarding the ease of crop monitoring, cultivation, and harvesting associated with smart greenhouses represents one of the key factors driving the market growth. Besides this, the rising consumer preferences for organic food and the escalating demand for high-value crops are other major growth-inducing factors. In addition, governments of various countries are taking favorable initiatives to promote the uptake of smart agricultural practices due to the surging food demand, declining arable land, and increasing water shortage. Along with this, heavy investments in the modernization of the agriculture sector, especially in developing nations, coupled with the rising adoption of indoor farming in urban areas, are contributing to market growth. Furthermore, the leading players are offering integrated products and introducing new smart greenhouse variants embedded with various novel features and technologies to provide higher visibility and automation. In line with this, the surging adoption of the internet of things (IoT) and artificial intelligence (AI) by farmers and agriculturalists have propelled market growth. Other factors, including the growing popularity of vertical farming technology, increasing environmental concerns among the masses, continual technological advancements, and ongoing research and development (R&D) activities, are also anticipated to create a positive outlook for the global market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global smart greenhouse market, along with forecasts at the global, regional, and country levels from 2024-2032. Our report has categorized the market based on type, offering, and end user.
Type Insights:
Hydroponic
Non-Hydroponic
The report has provided a detailed breakup and analysis of the smart greenhouse market based on the type. This includes hydroponic and non-hydroponic. According to the report, hydroponic represented the largest segment.
Offering Insights:
Hardware
HVAC Systems
LED Grow Lights
Irrigation System
Valves and Pumps
Sensor and Control System
Others
Software
Services
A detailed breakup and analysis of the smart greenhouse market based on the offering has also been provided in the report. This includes hardware (HVAC systems, LED grow lights, irrigation system, valves and pumps, sensor and control system, and others), software, and services. According to the report, hardware accounted for the largest market share.
End User Insights:
Commercial Growers
Research and Educational Institutes
Retail Gardens
Others
The report has provided a detailed breakup and analysis of the smart greenhouse market based on the end user. This includes commercial growers, research and educational institutes, retail gardens, and others. According to the report, research and educational institutes represented the largest segment.
Regional Insights:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, Europe was the largest market for smart greenhouse. Some of the factors driving the Europe smart greenhouse market included the rapid growth in the agriculture industry, increasing penetration of advanced farming practices and technologies, rising demand for highly nutritious and organic food, etc.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global smart greenhouse market. Detailed profiles of all major companies have also been provided. Some of the companies covered include Argus Control Systems Limited (Conviron), Certhon, Heliospectra AB, Netafim (Orbia), Sensaphone, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report:
- How has the global smart greenhouse market performed so far, and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global smart greenhouse market?
- What is the impact of each driver, restraint, and opportunity on the global smart greenhouse market?
- What are the key regional markets?
- Which countries represent the most attractive smart greenhouse market?
- What is the breakup of the market based on the type?
- Which is the most attractive type in the smart greenhouse market?
- What is the breakup of the market based on the offering?
- Which is the most attractive offering in the smart greenhouse market?
- What is the breakup of the market based on end user?
- Which is the most attractive end user in the smart greenhouse market?
- What is the competitive structure of the global smart greenhouse market?
- Who are the key players/companies in the global smart greenhouse market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Smart Greenhouse Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Type
- 6.1 Hydroponic
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Non-Hydroponic
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Offering
- 7.1 Hardware
- 7.1.1 Market Trends
- 7.1.2 Key Segments
- 7.1.2.1 HVAC Systems
- 7.1.2.2 LED Grow Lights
- 7.1.2.3 Irrigation System
- 7.1.2.4 Valves and Pumps
- 7.1.2.5 Sensor and Control System
- 7.1.2.6 Others
- 7.1.3 Market Forecast
- 7.2 Software
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Services
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
8 Market Breakup by End User
- 8.1 Commercial Growers
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Research and Educational Institutes
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Retail Gardens
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Others
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 Drivers, Restraints, and Opportunities
- 10.1 Overview
- 10.2 Drivers
- 10.3 Restraints
- 10.4 Opportunities
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Argus Control Systems Limited (Conviron)
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.2 Certhon
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.3 Heliospectra AB
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.3.3 Financials
- 14.3.4 Netafim (Orbia)
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.5 Sensaphone
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.1 Argus Control Systems Limited (Conviron)
Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
List of Figures
- Figure 1: Global: Smart Greenhouse Market: Major Drivers and Challenges
- Figure 2: Global: Smart Greenhouse Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: Smart Greenhouse Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 4: Global: Smart Greenhouse Market: Breakup by Type (in %), 2023
- Figure 5: Global: Smart Greenhouse Market: Breakup by Offering (in %), 2023
- Figure 6: Global: Smart Greenhouse Market: Breakup by End User (in %), 2023
- Figure 7: Global: Smart Greenhouse Market: Breakup by Region (in %), 2023
- Figure 8: Global: Smart Greenhouse (Hydroponic) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 9: Global: Smart Greenhouse (Hydroponic) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 10: Global: Smart Greenhouse (Non-Hydroponic) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 11: Global: Smart Greenhouse (Non-Hydroponic) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 12: Global: Smart Greenhouse (Hardware) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 13: Global: Smart Greenhouse (Hardware) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 14: Global: Smart Greenhouse (Software) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 15: Global: Smart Greenhouse (Software) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 16: Global: Smart Greenhouse (Services) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 17: Global: Smart Greenhouse (Services) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 18: Global: Smart Greenhouse (Commercial Growers) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 19: Global: Smart Greenhouse (Commercial Growers) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 20: Global: Smart Greenhouse (Research and Educational Institutes) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 21: Global: Smart Greenhouse (Research and Educational Institutes) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 22: Global: Smart Greenhouse (Retail Gardens) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 23: Global: Smart Greenhouse (Retail Gardens) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 24: Global: Smart Greenhouse (Other End Users) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 25: Global: Smart Greenhouse (Other End Users) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 26: North America: Smart Greenhouse Market: Sales Value (in Million US$), 2018 & 2023
- Figure 27: North America: Smart Greenhouse Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 28: United States: Smart Greenhouse Market: Sales Value (in Million US$), 2018 & 2023
- Figure 29: United States: Smart Greenhouse Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 30: Canada: Smart Greenhouse Market: Sales Value (in Million US$), 2018 & 2023
- Figure 31: Canada: Smart Greenhouse Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 32: Asia-Pacific: Smart Greenhouse Market: Sales Value (in Million US$), 2018 & 2023
- Figure 33: Asia-Pacific: Smart Greenhouse Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 34: China: Smart Greenhouse Market: Sales Value (in Million US$), 2018 & 2023
- Figure 35: China: Smart Greenhouse Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 36: Japan: Smart Greenhouse Market: Sales Value (in Million US$), 2018 & 2023
- Figure 37: Japan: Smart Greenhouse Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 38: India: Smart Greenhouse Market: Sales Value (in Million US$), 2018 & 2023
- Figure 39: India: Smart Greenhouse Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 40: South Korea: Smart Greenhouse Market: Sales Value (in Million US$), 2018 & 2023
- Figure 41: South Korea: Smart Greenhouse Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 42: Australia: Smart Greenhouse Market: Sales Value (in Million US$), 2018 & 2023
- Figure 43: Australia: Smart Greenhouse Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 44: Indonesia: Smart Greenhouse Market: Sales Value (in Million US$), 2018 & 2023
- Figure 45: Indonesia: Smart Greenhouse Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 46: Others: Smart Greenhouse Market: Sales Value (in Million US$), 2018 & 2023
- Figure 47: Others: Smart Greenhouse Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 48: Europe: Smart Greenhouse Market: Sales Value (in Million US$), 2018 & 2023
- Figure 49: Europe: Smart Greenhouse Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 50: Germany: Smart Greenhouse Market: Sales Value (in Million US$), 2018 & 2023
- Figure 51: Germany: Smart Greenhouse Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 52: France: Smart Greenhouse Market: Sales Value (in Million US$), 2018 & 2023
- Figure 53: France: Smart Greenhouse Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 54: United Kingdom: Smart Greenhouse Market: Sales Value (in Million US$), 2018 & 2023
- Figure 55: United Kingdom: Smart Greenhouse Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 56: Italy: Smart Greenhouse Market: Sales Value (in Million US$), 2018 & 2023
- Figure 57: Italy: Smart Greenhouse Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 58: Spain: Smart Greenhouse Market: Sales Value (in Million US$), 2018 & 2023
- Figure 59: Spain: Smart Greenhouse Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 60: Russia: Smart Greenhouse Market: Sales Value (in Million US$), 2018 & 2023
- Figure 61: Russia: Smart Greenhouse Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 62: Others: Smart Greenhouse Market: Sales Value (in Million US$), 2018 & 2023
- Figure 63: Others: Smart Greenhouse Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 64: Latin America: Smart Greenhouse Market: Sales Value (in Million US$), 2018 & 2023
- Figure 65: Latin America: Smart Greenhouse Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 66: Brazil: Smart Greenhouse Market: Sales Value (in Million US$), 2018 & 2023
- Figure 67: Brazil: Smart Greenhouse Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 68: Mexico: Smart Greenhouse Market: Sales Value (in Million US$), 2018 & 2023
- Figure 69: Mexico: Smart Greenhouse Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 70: Others: Smart Greenhouse Market: Sales Value (in Million US$), 2018 & 2023
- Figure 71: Others: Smart Greenhouse Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 72: Middle East and Africa: Smart Greenhouse Market: Sales Value (in Million US$), 2018 & 2023
- Figure 73: Middle East and Africa: Smart Greenhouse Market: Breakup by Country (in %), 2023
- Figure 74: Middle East and Africa: Smart Greenhouse Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 75: Global: Smart Greenhouse Industry: Drivers, Restraints, and Opportunities
- Figure 76: Global: Smart Greenhouse Industry: Value Chain Analysis
- Figure 77: Global: Smart Greenhouse Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Smart Greenhouse Market: Key Industry Highlights, 2023 & 2032
- Table 2: Global: Smart Greenhouse Market Forecast: Breakup by Type (in Million US$), 2024-2032
- Table 3: Global: Smart Greenhouse Market Forecast: Breakup by Offering (in Million US$), 2024-2032
- Table 4: Global: Smart Greenhouse Market Forecast: Breakup by End User (in Million US$), 2024-2032
- Table 5: Global: Smart Greenhouse Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 6: Global: Smart Greenhouse Market: Competitive Structure
- Table 7: Global: Smart Greenhouse Market: Key Players
