sci tech

Smart Greenhouse Market – Evolving Industry Trends and Key Insights by 2022

Global Smart Greenhouse Market Set for Rapid Growth, To Reach around USD 1.31 Billion by 2022

Smart Greenhouse Market

Zion Market Research has published a new report titled “Smart Greenhouse Market (Hydroponic, Non-hydroponic) by Technology (HVAC, LED Grow Light, Communication Technology, Irrigation System, Material Handling, Valves & Pumps, Control System, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2016 – 2022”. According to the report, the global smart greenhouse market was valued at approximately USD 680.3 million in 2016 and is expected to reach approximately USD 1.31 Billion by 2022, growing at a CAGR of around 14.12% between 2017 and 2022.

The smart greenhouse is a revolution in agriculture and is a self-regulating, climate controlling which is suitable for plant growth. It is possible to control microclimate environment (climate in the restricted area) using sensors and different applications. The smart greenhouse is consists of different components such as sensors, actuators, monitoring system, control system. The concept of smart greenhouse aims to optimize growth conditions for plants and automate the growing process.

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Smart greenhouse market is expected to witness significant growth due to initiatives were taken by the government on account of increasing population. Smart farming is expected to develop at an astounding growth rate. Changing atmosphere affects the agriculture industry which simultaneously affects the food & beverage industry and economy of many nations. Therefore, smart greenhouse gives new opportunity for the agriculture industry. Transforming technological preferences due to urbanization in developing countries is also expected to have a positive impact on smart greenhouse market. High installation prices of the automation system and high initial investment may inhibit the growth of smart greenhouse market at a certain level in non-developed countries like the Middle East & Africa. But developed countries like Europe and North America have started adoption of this technique to address the concern of increasing population.

Based on type segment, the global smart greenhouse market has been segmented into hydroponic and non-hydroponic. Hydroponic greenhouse deals with the method of growing plants without soil. Presently, non-hydroponic smart greenhouse-dominated the global smart greenhouse market. Furthermore, the hydroponic smart greenhouse type has the highest growth perspective over the forecast period.

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HVAC, LED grow light, communication technology, irrigation system, material handling, valves & pumps, control system, and others are the key technologies covered under the smart greenhouse market. LED grow light segment dominated the smart greenhouse market in 2016 in terms of as it can be used as an artificial light source to stimulate plant growth.

Europe is expected to remain the market leader over the forecast period and accounted for significant share of the global market revenue in 2016 due to the fast adoption of smart greenhouse technology. The rapid adoption of technology in emerging economies of Japan, China, and India is expected to drive the smart greenhouse market in Asia Pacific. Asia Pacific is expected to be the most attractive segment of the market over the years owing to rapid infrastructural development in countries like India coupled with a high population in the region.

Key industry participants include Rough Brothers, Inc., Heliospectra AB, Terrasphere Systems, LLC, Argus Control Systems Ltd., LumiGrow Inc., Ceres Greenhouse Solutions, Hort Americas, JFE Engineering Corporation, Nexus Corporation, Logiqs B.V., Certhon, and GreenTech Agro LLC.

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This report segments the global smart greenhouse market as follows:
Global Smart Greenhouse Market: Type Segment Analysis

  • Hydroponic
  • Non-hydroponic

Global Smart Greenhouse Market: Technology Segment Analysis

  • HVAC
  • LED Grow Light
  • Communication Technology
  • Irrigation System
  • Material Handling
  • Valves & Pumps
  • Control System
  • Others

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Primary Research

We conduct primary interviews with industry participants and commentators on an ongoing basis to validate data and analysis. A typical research interview fulfills the following functions:

  • Provides firsthand information on market size, market trends, growth trends, competitive landscape, outlook, etc.
  • Helps in validating and strengthening the secondary research findings
  • Further, develops the analysis team’s expertise and market understanding
  • Primary research involves e-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies

Participants who typically participate in such a process include, but are not limited to:

  • Industry participants: CEOs, VPs, marketing/product managers, market intelligence managers and national sales managers
  • Purchasing managers, technical personnel, distributors and resellers
  • Outside experts: Investment bankers, valuation experts and research analysts specializing in specific markets

Key opinion leaders specializing in different areas corresponding to different industry verticals

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Secondary Research

Secondary research sources that are typically referred to include, but are not limited to:

  • Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
  • IDC and other relevant magazines
  • Internal and external proprietary databases, and relevant patent and regulatory databases
  • National government documents, statistical databases and market reports

News articles, press releases and webcasts specific to companies operating in the market

Following a comprehensive secondary and primary research and insights thus gathered, analysts at Zion Research have provided an in-depth analysis of various aspects of the Smart Greenhouse market.


Where no hard data is available, we use models and estimates to produce comprehensive data sets. A rigorous methodology is adopted, wherein the available hard data is cross-referenced with the following data types to produce estimates:

  • Demographic data: Population split by segments
  • Macroeconomic indicators: GDP, PPP, Per Capita Income, etc.
  • Industry indicators: Expenditure, technology stage and infrastructure, sector growth and facilities
  • Data is then cross-checked by an expert panel.

About Us: Zion Market Research is an obligated company. We create futuristically, cutting edge, informative reports ranging from industry reports, a company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with Vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from Cardinal Industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.


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