Global Smart Greenhouse Market 2024-2028

Description

List of Tables

The smart greenhouse market is forecasted to grow by USD 1695.5 mn during 2023-2028, accelerating at a CAGR of 11.54% during the forecast period. The report on the smart greenhouse market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing requirement for fresh food, higher yield than traditional methods, and rapid urbanization and low availability of arable land.

Technavio's smart greenhouse market is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	9.38%
CAGR	11.54%
Incremental Value	$1695.5 mn

By Type

Hydroponic
Non-hydroponic

By Component

HVAC systems
LED grow lights
Control systems and sensors
Others

By Geographical Landscape

APAC
Europe
North America
South America
Middle East and Africa

This study identifies the emerging trend of rooftop farming as one of the prime reasons driving the smart greenhouse market growth during the next few years. Also, increasing awareness about smart greenhouse and surge in investments of agricultural research and development will lead to sizable demand in the market.

The report on the smart greenhouse market covers the following areas:

Smart greenhouse market sizing
Smart greenhouse market forecast
Smart greenhouse market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading smart greenhouse market vendors that include Ag Leader Technology, AGCO Corp., Agra Tech Inc., Ceres Greenhouse Solutions, Certhon Build B.V., CLAAS KGaA mBH, CNH Industrial NV, Controlled Environments Ltd., Cultivar Ltd., Deere and Co., Gibraltar Industries Inc., Green Automation Group Oy Ltd., Heliospectra AB, LOGIQS B.V., Orbia Advance Corp. S.A.B. de C.V., Phonetics Inc., Richel Group SAS, Signify NV, Sollum Technologies inc., and TSI Inc.. Also, the smart greenhouse market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR76211

1 Executive Summary

1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Market Segmentation by Component
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
2.2 Market characteristics
- Market characteristics analysis
2.3 Value chain analysis
- Value Chain Analysis

3 Market Sizing

3.1 Market definition
- Offerings of companies included in the market definition
3.2 Market segment analysis
- Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global Smart Greenhouse Market 2018 - 2022
- Historic Market Size - Data Table on Global Smart Greenhouse Market 2018 - 2022 ($ million)
4.2 Type segment analysis 2018 - 2022
- Historic Market Size - Type Segment 2018 - 2022 ($ million)
4.3 Component segment analysis 2018 - 2022
- Historic Market Size - Component Segment 2018 - 2022 ($ million)
4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Type

6.1 Market segments
- Chart on Type - Market share 2023-2028 (%)
- Data Table on Type - Market share 2023-2028 (%)
6.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
6.3 Hydroponic - Market size and forecast 2023-2028
- Chart on Hydroponic - Market size and forecast 2023-2028 ($ million)
- Data Table on Hydroponic - Market size and forecast 2023-2028 ($ million)
- Chart on Hydroponic - Year-over-year growth 2023-2028 (%)
- Data Table on Hydroponic - Year-over-year growth 2023-2028 (%)
6.4 Non-hydroponic - Market size and forecast 2023-2028
- Chart on Non-hydroponic - Market size and forecast 2023-2028 ($ million)
- Data Table on Non-hydroponic - Market size and forecast 2023-2028 ($ million)
- Chart on Non-hydroponic - Year-over-year growth 2023-2028 (%)
- Data Table on Non-hydroponic - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Type
- Market opportunity by Type ($ million)
- Data Table on Market opportunity by Type ($ million)

7 Market Segmentation by Component

7.1 Market segments
- Chart on Component - Market share 2023-2028 (%)
- Data Table on Component - Market share 2023-2028 (%)
7.2 Comparison by Component
- Chart on Comparison by Component
- Data Table on Comparison by Component
7.3 HVAC systems - Market size and forecast 2023-2028
- Chart on HVAC systems - Market size and forecast 2023-2028 ($ million)
- Data Table on HVAC systems - Market size and forecast 2023-2028 ($ million)
- Chart on HVAC systems - Year-over-year growth 2023-2028 (%)
- Data Table on HVAC systems - Year-over-year growth 2023-2028 (%)
7.4 LED grow lights - Market size and forecast 2023-2028
- Chart on LED grow lights - Market size and forecast 2023-2028 ($ million)
- Data Table on LED grow lights - Market size and forecast 2023-2028 ($ million)
- Chart on LED grow lights - Year-over-year growth 2023-2028 (%)
- Data Table on LED grow lights - Year-over-year growth 2023-2028 (%)
7.5 Control systems and sensors - Market size and forecast 2023-2028
- Chart on Control systems and sensors - Market size and forecast 2023-2028 ($ million)
- Data Table on Control systems and sensors - Market size and forecast 2023-2028 ($ million)
- Chart on Control systems and sensors - Year-over-year growth 2023-2028 (%)
- Data Table on Control systems and sensors - Year-over-year growth 2023-2028 (%)
7.6 Others - Market size and forecast 2023-2028
- Chart on Others - Market size and forecast 2023-2028 ($ million)
- Data Table on Others - Market size and forecast 2023-2028 ($ million)
- Chart on Others - Year-over-year growth 2023-2028 (%)
- Data Table on Others - Year-over-year growth 2023-2028 (%)
7.7 Market opportunity by Component
- Market opportunity by Component ($ million)
- Data Table on Market opportunity by Component ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2023-2028 (%)
- Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ million)
- Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ million)
- Data Table on China - Market size and forecast 2023-2028 ($ million)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
9.9 India - Market size and forecast 2023-2028
- Chart on India - Market size and forecast 2023-2028 ($ million)
- Data Table on India - Market size and forecast 2023-2028 ($ million)
- Chart on India - Year-over-year growth 2023-2028 (%)
- Data Table on India - Year-over-year growth 2023-2028 (%)
9.10 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
9.11 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.12 France - Market size and forecast 2023-2028
- Chart on France - Market size and forecast 2023-2028 ($ million)
- Data Table on France - Market size and forecast 2023-2028 ($ million)
- Chart on France - Year-over-year growth 2023-2028 (%)
- Data Table on France - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ million)
- Data Tables on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Opportunity/Restraints

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints

11 Competitive Landscape

11.1 Overview
11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
- Overview on factors of disruption
11.4 Industry risks
- Impact of key risks on business

12 Competitive Analysis

12.1 Companies profiled
- Companies covered
12.2 Market positioning of companies
- Matrix on companies position and classification
12.3 Ag Leader Technology
- Ag Leader Technology - Overview
- Ag Leader Technology - Product / Service
- Ag Leader Technology - Key offerings
12.4 AGCO Corp.
- AGCO Corp. - Overview
- AGCO Corp. - Business segments
- AGCO Corp. - Key news
- AGCO Corp. - Key offerings
- AGCO Corp. - Segment focus
12.5 Ceres Greenhouse Solutions
- Ceres Greenhouse Solutions - Overview
- Ceres Greenhouse Solutions - Product / Service
- Ceres Greenhouse Solutions - Key offerings
12.6 Certhon Build B.V.
- Certhon Build B.V. - Overview
- Certhon Build B.V. - Product / Service
- Certhon Build B.V. - Key offerings
12.7 Controlled Environments Ltd.
- Controlled Environments Ltd. - Overview
- Controlled Environments Ltd. - Product / Service
- Controlled Environments Ltd. - Key offerings
12.8 Cultivar Ltd.
- Cultivar Ltd. - Overview
- Cultivar Ltd. - Product / Service
- Cultivar Ltd. - Key offerings
12.9 Gibraltar Industries Inc.
- Gibraltar Industries Inc. - Overview
- Gibraltar Industries Inc. - Business segments
- Gibraltar Industries Inc. - Key offerings
- Gibraltar Industries Inc. - Segment focus
12.10 Green Automation Group Oy Ltd.
- Green Automation Group Oy Ltd. - Overview
- Green Automation Group Oy Ltd. - Product / Service
- Green Automation Group Oy Ltd. - Key offerings
12.11 Heliospectra AB
- Heliospectra AB - Overview
- Heliospectra AB - Product / Service
- Heliospectra AB - Key offerings
12.12 LOGIQS B.V.
- LOGIQS B.V. - Overview
- LOGIQS B.V. - Product / Service
- LOGIQS B.V. - Key offerings
12.13 Orbia Advance Corp. S.A.B. de C.V.
- Orbia Advance Corp. S.A.B. de C.V. - Overview
- Orbia Advance Corp. S.A.B. de C.V. - Business segments
- Orbia Advance Corp. S.A.B. de C.V. - Key offerings
- Orbia Advance Corp. S.A.B. de C.V. - Segment focus
12.14 Phonetics Inc.
- Phonetics Inc. - Overview
- Phonetics Inc. - Product / Service
- Phonetics Inc. - Key offerings
12.15 Richel Group SAS
- Richel Group SAS - Overview
- Richel Group SAS - Product / Service
- Richel Group SAS - Key offerings
12.16 Signify NV
- Signify NV - Overview
- Signify NV - Business segments
- Signify NV - Key news
- Signify NV - Key offerings
- Signify NV - Segment focus
12.17 Sollum Technologies inc.
- Sollum Technologies inc. - Overview
- Sollum Technologies inc. - Product / Service
- Sollum Technologies inc. - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
13.3 Currency conversion rates for US$
- Currency conversion rates for US$
13.4 Research methodology
- Research methodology
13.5 Data procurement
- Information sources
13.6 Data validation
- Data validation
13.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
13.8 Data synthesis
- Data synthesis
13.9 360 degree market analysis
- 360 degree market analysis
13.10 List of abbreviations
- List of abbreviations