Smart Greenhouse Market Size, Share, Top Key Players, Growth, Trend and Forecast Till 2028

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Increasing food security concerns, rapidly growing global population, and rising food demand are some key factors driving global smart greenhouse market revenue growth

Emergen Research’s latest document, titled ‘Global Smart Greenhouse Market - Forecast to 2028,’ is one of the most sought-after market reports involving an in-depth analysis of the global Smart Greenhouse market. 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’s authors have offered necessary details on the latest Smart Greenhouse market trends and the crucial parameters impacting both short-term and long-term market growth. Its panoramic view of the Smart Greenhouse industry entails useful insights into the estimated Smart Greenhouse market size, revenue share, and sales distribution networks. Such helpful market insights are bound to help readers outline this industry’s key outcome in the near future. Those are further intended to assist businesses involved in this sector in sound decision-making and formulating lucrative business plans. The primary addressees of this report include some of the globally renowned venture capitalists. The report offers these individuals a vivid description of the competitive spectrum of the global Smart Greenhouse market. The coronavirus outbreak has led to drastic changes in the current Smart Greenhouse business landscape, limiting the growth opportunities for various manufacturers and buyers for the next few years. The report eventually offers conclusive data related to the Smart Greenhouse market growth assessed on both regional and global levels.

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One of the report’s central components is the broad Smart Greenhouse market segmentation that includes the product type gamut, application spectrum, end-user industry landscape, significant geographical regions, and the top market contenders. The report contains unbiased industry expert opinions on the current market scenario, past market performance, production consumption rates, demand supply ratio, and revenue generation forecasts over the estimated period. The key players’ financial positions, along with their gross profits, sales volumes, sales revenue, manufacturing costs, and other financial ratios, have been accurately gauged in the report. Furthermore, several analytical tools like investment assessment, SWOT analysis, and Porter’s Five Forces Analysis have been implemented by our analysts’ team to evaluate the production and distribution capacities of the Smart Greenhouse market players.

Key geographical areas:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East Africa

Leading Players Profiled in the Report:

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

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Furthermore, the report provides the analytical data in an organized format segmented into charts, tables, graphs, figures, and diagrams. This enables readers to understand the market scenario in an easy and beneficial manner. Moreover, the report aims to impart a prospective outlook and draw an informative conclusion to assist the reader in making lucrative business decisions. The report, in conclusion, provides a detailed analysis of the segments expected to dominate the market, the regional bifurcation, the estimated market size and share, and comprehensive SWOT analysis and Porter’s Five Forces Analysis.

On the basis of type, the market is segmented into

  • 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         

Key questions addressed in the report:

  • What are the key factors driving the global Smart Greenhouse market?
  • Who are the key manufacturers in this market space?
  • Who are the distributors, traders and dealers of this market?
  • What are the market opportunities and risks affecting the performance of the vendors in the global Smart Greenhouse market?
  • What are the sales and revenue estimations for the top manufacturers in this market over the projected timeline?

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