Global Smart Greenhouse Industry (2020 to 2025) - Emerging Trend of Rooftop Farming in Urban Areas Presents Opportunities

Dublin, IRELAND


Dublin, April 22, 2020 (GLOBE NEWSWIRE) -- The "Smart Greenhouse Market by Type (Hydroponics and Non-Hydroponics), Covering Material Type (Polyethylene, Polycarbonate, and Others), Offering (Hardware and Software & Services), Component, Cultivation, End User, Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

The Smart Greenhouse Market is Projected to Reach USD 2.1 Billion by 2025 from USD 1.4 Billion in 2020

The smart greenhouse market in APAC is projected to grow at the highest CAGR during the forecast period. The growth of the market in APAC can be attributed to the continuously increasing population of the region, thereby leading to a rising demand for food. This has led to an increase in the adoption of advanced technologies such as smart greenhouses to enable the supply of fresh fruits and vegetables throughout the year. The growers in China have also introduced advanced growing techniques such as controlled-environment agriculture (CEA) and hydroponics to increase their yields.

Moreover, high pressure to improve agricultural yields with limited available resources and increased requirements to protect crops from unexpected climatic changes are also expected to increase the adoption of smart greenhouses in APAC during the forecast period. The major restraints for the growth of the market are high investment costs owing to the deployment of expensive systems in smart greenhouses. The absence of industry standards for managing farm data and the difficulty in the integration of different components and technologies used in smart greenhouses act as major challenges for the growth of the market.

The hardware segment projected to hold a large share of the smart greenhouse market during the forecast period.

Hardware devices such as HVAC systems, LED grow lights, sensors, irrigation systems, and control systems used in smart greenhouses are gaining popularity across the world. HVAC systems are installed in greenhouses for regulating their internal temperature. Supplemental lighting is used in smart greenhouses to stimulate plant growth during cloudy or low-light conditions. LED grow lights are emerging as a popular technology for supplemental lighting in smart greenhouses. They are proving to be the best lighting systems owing to their compact design, adjustable light spectrum, and cool and directional light emissions. Irrigation systems are installed in smart greenhouses for watering plants at regular intervals, and material handling equipment is used for transporting yields from smart greenhouses to destinations. HVAC systems enable heating and cooling inside smart greenhouses, along with ventilation.

Among end users, the commercial growers segment to hold the largest share of the smart greenhouse market from 2020 to 2025.

Commercial greenhouses are high-tech structures, which provide stable, highly controlled environments for the cultivation of plants, such as flowers, vegetables, and fruits to commercial growers. Environmental factors such as temperature, light exposure, irrigation, fertilization, humidity, and ventilation can be precisely controlled by growers in smart greenhouses for the optimal growth of crops. Commercial smart greenhouses enable the cultivation of plants in large volumes for commercial growers. These greenhouses maintain mid-to-high temperature (often between 45F and 100F, depending on plants being cultivated or the season of the year) using glass or plastic materials to enable the transmission of visible and near-visible ultraviolet (UV) and infrared radiation (IR).

Europe projected to hold the largest share of the smart greenhouse market during the forecast period.
The agriculture sector in Europe is highly professional and technologically advanced. This region has the strongest economies in the world and widespread industries, leading to its increased capital investment capabilities. Countries such as the Netherlands, Spain, and Italy have large areas under greenhouse cultivation. However, in Spain, growers mostly cultivate their plants in simple tunnel-like greenhouses without using any climate control technologies. The farmers in Europe have already adopted the concept of smart greenhouses. A large number of smart greenhouse projects are being carried out in the region. For instance, Certhon has completed 38 smart greenhouse projects in Europe.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights
4.1 Attractive Growth Opportunities in Smart Greenhouse Market
4.2 Smart Greenhouse Market, by Type
4.3 Smart Greenhouse Market in APAC, by End User and Country
4.4 Smart Greenhouse Market in North America, by Covering Material Type
4.5 Smart Greenhouse Market, by Region

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing adoption of IoT and AI by farmers and agriculturists
5.2.1.2 Growing demand for food owing to continuously increasing global population
5.2.1.3 Rising number of government initiatives to promote adoption of smart agricultural practices
5.2.1.4 Increasing adoption of indoor farming in urban areas
5.2.2 Restraints
5.2.2.1 High investment costs owing to deployment of expensive systems in smart greenhouses
5.2.3 Opportunities
5.2.3.1 Rising global adoption of vertical farming technology
5.2.3.2 Emerging trend of rooftop farming in urban areas
5.2.4 Challenges
5.2.4.1 Absence of industry standards for managing farm data
5.2.4.2 Integration of different components and technologies used in smart greenhouses
5.3 Value Chain Analysis
5.4 Impact of Covid-19 On Smart Greenhouse Market

6 Smart Greenhouse Market, by Type
6.1 Introduction
6.2 Hydroponics
6.2.1 Hydroponics Segment to Account for Large Size of Smart Greenhouse Market from 2020 to 2025
6.3 Non-Hydroponics
6.3.1 Europe to Hold Large Size of Non-Hydroponics Smart Greenhouse Market from 2020 to 2025

7 Smart Greenhouse Market, by Covering Material Type
7.1 Introduction
7.2 Polyethylene
7.2.1 Polyethylene Segment of Smart Greenhouse Market Expected to Grow at Highest CAGR from 2020 to 2025
7.3 Polycarbonate
7.3.1 Use of Polycarbonate Offers Excellent Insulation, Durability, and Flexibility to Smart Greenhouses
7.4 Others
7.4.1 Europe to Account for Largest Size of Smart Greenhouse Market from 2020 to 2025

8 Smart Greenhouse Market, by Offering
8.1 Introduction
8.2 Hardware
8.2.1 Hardware Segment Accounted for Large Size of Smart Greenhouse Market in 2019
8.3 Software & Services
8.3.1 Software & Services Segment of Smart Greenhouse Market to Grow at High CAGR from 2020 to 2025

9 Smart Greenhouse Market, by Component
9.1 Introduction
9.2 HVAC Systems
9.2.1 HVAC Systems Provide an Improved Indoor Environment in Smart Greenhouses
9.3 Led Grow Lights
9.3.1 Increased Adoption of Led Grow Lights in Smart Greenhouses for Enhanced Operational Efficiency and Reduced Energy Consumption
9.4 Control Systems & Sensors
9.4.1 Sensors Provide Quantitative Information to Guide Cultivators and Enable Automated Decision-Making Related to Crop Cultivation

10 Crops Cultivated in Smart Greenhouses
10.1 Introduction
10.2 Vegetables
10.2.1 Vegetables Grown Using Hydroponics Technique Witness Fast Growth Than Vegetables Grown Through Traditional Farming
10.3 Fruits
10.3.1 Fruits Can Be Harvested Throughout Year in Smart Greenhouses
10.4 Flowers
10.4.1 Smart Greenhouses Enable Flower Growers to Have Complete Control Over Nutrient Flow to Plants

11 Smart Greenhouse Market, by End User
11.1 Introduction
11.2 Commercial Growers
11.2.1 Commercial Growers Segment of Smart Greenhouse Market Projected to Grow at Highest CAGR from 2020 to 2025
11.3 Research & Educational Institutes
11.3.1 Research & Educational Institutes Segment Accounted for Largest Size of Smart Greenhouse Market in 2019
11.4 Retail Gardens
11.4.1 Europe Accounted for Largest Size of Smart Greenhouse Market for Retail Gardens in 2019
11.5 Others
11.5.1 Smart Greenhouses Enable Growth of Different Algae Strains Used in Biotechnology Industry

12 Geographic Analysis
12.1 Introduction
12.2 North America
12.3 Europe
12.4 APAC
12.5 ROW
12.6 Middle East and Africa
12.7 South America

13 Competitive Landscape
13.1 Overview
13.2 Ranking Analysis of Key Players in Smart Greenhouse Market
13.3 Competitive Situations and Trends
13.3.1 Product Launches/Developments
13.3.2 Agreements
13.3.3 Contracts
13.3.4 Expansions
13.3.5 Partnerships
13.4 Competitive Leadership Mapping, 2019
13.4.1 Visionary Leaders
13.4.2 Dynamic Differentiators
13.4.3 Innovators
13.4.4 Emerging Companies

14 Company Profiles
14.1 Key Players
14.1.2 Argus Controls
14.1.3 Certhon
14.1.4 Rough Brothers
14.1.5 Greentech Agro
14.1.6 Netafim
14.1.7 Sensaphone
14.1.8 Cultivar
14.1.9 Heliospectra Ab
14.1.10 Lumigrow, Inc.
14.2 Right to Win
14.3 Other Important Players
14.3.1 Desert Growing
14.3.2 Greentech India
14.3.3 Prospera Technologies
14.3.4 Pure Harvest
14.3.5 Growlink
14.3.6 Motorleaf
14.3.7 Kheyti
14.3.8 Hort Americas
14.3.9 Delta T Solutions
14.3.10 Growflux

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