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> Information and Communications Technology> Smart Greenhouse Market
Information and Communications Technology IC0114 January 2020 Share

Smart Greenhouse Market

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

  • Hydroponic
  • Non-Hydroponic

By Technology

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

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

By Company

  • Mitsubishi Chemical Corporation
  • Evonik
  • Altuglas International
  • 3A Composites Gmbh
  • Aristech Acrylics
  • Madreperla
  • Gevacril
  • Spartech
  • Astari Niagara
  • Pyrasied Xtreme Acrylic

The report covers the below scope:

  • Global market sizes from 2020 to 2026, along with CAGR for 2020-2026
  • Market size comparison for 2020 vs 2026, with actual data for 2020, estimates for 2021, and forecast from 2022 to 2026
  • Global market trends, covering a comprehensive range of consumer trends & manufacturer trends
  • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the market
  • Major market opportunities and challenges in the forecast timeframe to be focused
  • Competitive landscape with analysis of competition pattern, portfolio comparisons, development trends, and strategic management
  • Comprehensive company profiles of the key industry players

The years considered for the study are as follows:

  • Base year - 2020
  • Estimated year - 2021
  • Projected year - 2022
  • Forecast period - 2022 to 2026

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:

  • Gain detailed insights on the Smart Greenhouse industry trends
  • Find a complete analysis of the market status
  • Identify the market opportunities and growth segments
  • Analyze competitive dynamics by evaluating business segments & product portfolios
  • Facilitate strategy planning and industry dynamics to enhance decision making

Target Audience:

The report targeted the existing players in the industry is as follows:

  • Market Manufacturers/Service Providers
  • Market Wholesale/Traders
  • Investment and Financial Institutions

Free and Paid Customization based on the requirement

Report Content

  1. Introduction

            1.1 Key Insights

            1.2 Report Overview

            1.3 Markets Covered

            1.4 Stakeholders

  1. Research Methodology

            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

  1. Executive Summary
  2. Market Overview

            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

  1. Smart Greenhouse Market, By End-user

            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

  1. Smart Greenhouse Market, By Technology

            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

  1. Smart Greenhouse Market, By Geography

            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

  1. Competitive Insights

            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

  1. Company Profiles

            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

  • Hydroponic
  • Non-Hydroponic

By Technology

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

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

By Company

  • Mitsubishi Chemical Corporation
  • Evonik
  • Altuglas International
  • 3A Composites Gmbh
  • Aristech Acrylics
  • Madreperla
  • Gevacril
  • Spartech
  • Astari Niagara
  • Pyrasied Xtreme Acrylic

FAQ's

The global Smart Greenhouse market size is expected to surpass USD 0.78 billion by 2026.

Mitsubishi Chemical Corporation, Evonik, Altuglas International , 3A Composites Gmbh , Aristech Acrylics , Madreperla , Gevacril , Spartech , Astari Niagara , Pyrasied Xtreme Acrylic, are among the key players in the global Smart Greenhouse market. We provide a minimum 10 company profile in this report.

The hydroponics segment projected to account for share in 2019.

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