October 07, 2022 13:13 ET | Source: ReportLinker ReportLinker
New York, Oct. 07, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Smart Greenhouse Market, By Type, By Technology, By Component, By Crops, By End User, By Region, Competition Forecast and Opportunities, 2027" - https://www.reportlinker.com/p06325867/?utm_source=GNW The global smart greenhouse market is anticipated to witness an impressive growth in the forecast period, 2023-2027.This can be ascribed to rising food demand due to growing global population. The world population is expected to increase by about 35% reaching 9.74 billion in 2050. The growing need to meet the food needs of ever-increasing population is expected to support the growth of global smart greenhouse market. Additionally, increasing adoption of agriculture 4.0 solutions and growing use of artificial intelligence, internet of things, among others in the agricultural sector across the world is expected to fuel the market growth in the coming years. Furthermore, within a greenhouse the crops, fruits & vegetables, among others can be grown under controlled conditions and the produce can be obtained throughout the year irrespective of season or climatic variations. This in turn is expected to foster the market growth. Rising Adoption of Rooftop Farming The adoption of rooftop farming practices has significantly increased on account of the increasing demand for high quality organic foods.Rooftop farming is a practice comprising of cultivating vegetables, fruits, and flowers on the rooftop of a building. The rooftops of high buildings are generally use for the development of rooftop farms wherein green roofs, hydroponics and aeroponics system are used for growing different fruits & vegetables, crops, etc.The decreasing availability of arable land for cultivating crops has significantly contributed to the widespread adoption of rooftop farming techniques especially in urban areas. The growing adoption of rooftop farming is expected to create lucrative opportunities for the growth of global smart greenhouse market. Benefits Associated with Smart Greenhouses There are numerous benefits associated with smart greenhouses such as growing fruits & vegetables, crops, etc. throughout the year irrespective of seasonal variations. Additionally, there are additional benefits that a smart greenhouse offers over conventional greenhouses such as within a smart greenhouse data about the crops and their growth pattern is recorded throughout the day for complete 24 hours. This data is then sent to the analytical platforms wherein it is analysed and if there are any bottlenecks or irregularities in the growth pattern, they are identified. This data also provides the farmers or cultivators with various insights on the crops. Using these insights, the cultivators can increase their overall yield. Additionally, the labor costs can also be minimized to a higher extent within a smart greenhouse setup as compared with a conventional greenhouse. Market Segmentation The global smart greenhouse market can be segmented by type, by technology, by component, by crops, by end user, by region.Based on type, the market can be divided into hydroponic and non-hydroponic. Based on technology, the market can be segmented into HVAC, LED grow light, irrigation system, robotic harvesting, material handling, valves, control system, sensor & camera.Based on component, the market can be categorized into hardware, software, services. Based on crops, the market can be segmented into vegetables, floriculture, tree seedlings, and others.Based on end user, the market can be segmented into commercial growers, retail gardens, academic & research institutions, and others. Regionally, North America dominated the market among Europe, Asia Pacific, Middle East & Africa and South America. In terms of country, the United States region is dominating the overall globe in smart greenhouse market. This can be ascribed to the increasing adoption of indoor farming techniques in the region. In 2016, there were around 41,351 indoor farms in the United States. Market Players LumiGrow, Inc., Rough Brothers, Inc., Nexus Corporation, Netafim Limited, Ceres Greenhouse Solutions, GreenTech Agro LLC, Hort Americas, LLC, Heliospectra AB, Cultivar Ltd. are some of the leading players operating in the global smart greenhouse market. Report Scope: In this report, global smart greenhouse market has been segmented into following categories, in addition to the industry trends which have also been detailed below: • Smart Greenhouse Market, By Type: o Hydroponic o Non-Hydroponic • Smart Greenhouse Market, By Technology: o HVAC o LED Grow Light o Irrigation System o Material Handling o Valves o Control System o Sensor & Camera o Robotic Harvesting • Smart Greenhouse Market, By Component: o Hardware o Software o Services • Smart Greenhouse Market, By crops: o Vegetables o Floriculture o Tree Seedlings o Others • Smart Greenhouse Market, By End User: o Commercial Growers o Retail Gardens o Academic & Research Institutions o Others • Smart Greenhouse Market, By Region: o North America United States Canada Mexico o Europe France Germany United Kingdom Italy Spain o Asia Pacific China India Japan South Korea Australia o South America Brazil Argentina Colombia o Middle East & Africa South Africa Saudi Arabia UAE Israel Turkey Competitive Landscape Company Profiles: Detailed analysis of the major companies present in global smart greenhouse Market. Available Customizations: With the given market data, we offers customizations according to a company’s specific needs. The following customization options are available for the report: Company Information • Detailed analysis and profiling of additional market players (up to five). Read the full report: https://www.reportlinker.com/p06325867/?utm_source=GNW About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________