The Smart Greenhouse market is expected to grow from USD 1.48 billion in 2019 to USD 2.95 billion by 2026 at a CAGR of 9.75% from 2020 to 2026.
A smart greenhouse is the idea of a greenhouse that cultivates crops while not human intervention. Crops in an exceedingly sensible greenhouse grow while not adjustment of climate or any human interference by any means that for a specific amount. The sensible greenhouse uses varied microprocessors and sensors to perform functions like a dominant temperature and irrigation systems. Any sort of plant, fruit, and vegetables are often fully grown at any time of year in the sensible greenhouse. this method is value effective and improves the potency of greenhouses. The need for smart farming and the trend of top farming fuel the expansion of the planet's market. However, the high value of sensible greenhouses is restraining the expansion of the market. On the opposite hand, the emergence of vertical farming in urban areas is making opportunities within the market. The global market is segregated on the basis of End-user as Hydroponic and Non-Hydroponic. Based on Technology the global market is segmented in HVAC, LED Grow Light, Communication Technology, Irrigation System, Material Handling, Valves and Pumps, Control System, and Others.
The global Smart Greenhouse market report provides geographical analysis covering regions, such as North America, Europe, Asia-Pacific, and the Rest of the World. The market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Mitsubishi Chemical Corporation, Evonik, Altuglas International, 3A Composites Gmbh, Aristech Acrylics, Madreperla, Gevacril, Spartech, Astari Niagara, Pyrasied Xtreme Acrylic, and others are among the major players in the market. The companies studied in terms of product strategy and various n several growths and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.
The global Smart Greenhouse market has been segmented as below:
By End-user
By Technology
By Region
By Company
The report covers the below scope:
The years considered for the study are as follows:
Report Scope:
The global market report scope includes a detailed study covering underlying factors influencing the industry trends. The report covers the analysis of regional and country-level market dynamics. The scope also covers a competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes a detailed competitive outlook covering market shares and profiles key participants in the market share. Major industry players with significant revenue share include Mitsubishi Chemical Corporation, Evonik, Altuglas International, 3A Composites Gmbh, Aristech Acrylics, Madreperla, Gevacril, Spartech, Astari Niagara, Pyrasied Xtreme Acrylic, and others.
Why Buy this Report:
Target Audience:
The report targeted the existing players in the industry is as follows:
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Report Content
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach - Segmental Market Analysis
2.5.2 Top-Down Approach - Parent Market Analysis
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter's Five Force Analysis
5.1 Introduction
5.2 Hydroponic
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Non-Hydroponic
5.3.1 Market Overview
5.3.2 Market Size and Forecast
6.1 Introduction
6.2 HVAC
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 LED Grow Light
6.3.1 Market Overview
6.3.2 Market Size and Forecast
6.4 Communication Technology
6.4.1 Market Overview
6.4.2 Market Size and Forecast
6.5 Irrigation System
6.5.1 Market Overview
6.5.2 Market Size and Forecast
6.6 Material Handling
6.6.1 Market Overview
6.6.2 Market Size and Forecast
6.7 Valves and Pumps
6.7.1 Market Overview
6.7.2 Market Size and Forecast
6.8 Control System
6.8.1 Market Overview
6.8.2 Market Size and Forecast
6.9 Others
6.9.1 Market Overview
6.9.2 Market Size and Forecast
7.1 Introduction
7.2 North America
7.2.1 North America Market, By End-user
7.2.2 North America Market, By Technology
7.3 Europe
7.3.1 Europe Market, By End-user
7.3.2 Europe Market, By Technology
7.4 Asia-Pacific
7.4.1 Asia-Pacific Market, By End-user
7.4.2 Asia-Pacific Market, By Technology
7.5 Rest of the World
7.5.1 Rest of the World Market, By End-user
7.5.2 Rest of the World Market, By Technology
8.1 Key Insights
8.2 Company Market Share Analysis
8.3 Strategic Outlook
8.3.1 Mergers & Acquisitions
8.3.2 New Product Development
8.3.3 Portfolio/Production Capacity Expansions
8.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
8.3.5 Others
9.1 Mitsubishi Chemical Corporation
9.1.1 Company Overview
9.1.2 Product/Service Landscape
9.1.3 Financial Overview
9.1.4 Recent Developments
9.2 Evonik
9.2.1 Company Overview
9.2.2 Product/Service Landscape
9.2.3 Financial Overview
9.2.4 Recent Developments
9.3 Altuglas International
9.3.1 Company Overview
9.3.2 Product/Service Landscape
9.3.3 Financial Overview
9.3.4 Recent Developments
9.4 3A Composites Gmbh
9.4.1 Company Overview
9.4.2 Product/Service Landscape
9.4.3 Financial Overview
9.4.4 Recent Developments
9.5 Aristech Acrylics
9.5.1 Company Overview
9.5.2 Product/Service Landscape
9.5.3 Financial Overview
9.5.4 Recent Developments
9.6 Madreperla
9.6.1 Company Overview
9.6.2 Product/Service Landscape
9.6.3 Financial Overview
9.6.4 Recent Developments
9.7 Gevacril
9.7.1 Company Overview
9.7.2 Product/Service Landscape
9.7.3 Financial Overview
9.7.4 Recent Developments
9.8 Spartech
9.8.1 Company Overview
9.8.2 Product/Service Landscape
9.8.3 Financial Overview
9.8.4 Recent Developments
9.9 Astari Niagara
9.9.1 Company Overview
9.9.2 Product/Service Landscape
9.9.3 Financial Overview
9.9.4 Recent Developments
9.10 Pyrasied Xtreme Acrylic
9.10.1 Company Overview
9.10.2 Product/Service Landscape
9.10.3 Financial Overview
9.10.4 Recent Developments
The global Smart Greenhouse market has been segmented as below:
By End-user
By Technology
By Region
By Company