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    Agribusiness Global

    Global Smart Greenhouse Market 2016-2020

    Mar. 18 2016   Pages: 54   Language: English   Price: $2500

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    Technavio

    TechNavio is a leading technology research and advisory comp...
    • Summary
    • Table of contents
      This market analysis includes a detailed segmentation of the global smart greenhouse market by technology (lighting, climate control, irrigation, and control systems) and by application (hydroponic and non-hydroponic). It also outlines the market shares for key regions such as the Americas, APAC, and EMEA. The leading vendors analyzed in this report are Heliospectra, LumiGrow, Nexus, and Rough Brothers.

      In a smart greenhouse, crops are cultivated under controlled conditions to optimize production. Technologies such as sensors and devices are used to automate the functions of the greenhouse. Smart greenhouses protect crops from diseases, pests, and harsh weather conditions, while at the same time consuming low amount of power and allowing remote access to the farmers. A smart greenhouse is equipped with interconnected devices to control sunlight, temperature, and humidity depending on the type of crop. The control system collects data from various sensors and transmits it for analysis to reduce production losses. The environment inside a smart greenhouse can be changed, modified, and analyzed remotely, and this is advantageous when such greenhouses are spread across regions.

      Outlook of the global smart greenhouse market

      Technavio’s market research analyst predicts the global smart greenhouse market to grow at an impressive CAGR of approximately 17% by 2020. Smart greenhouses use artificial intelligence devices, sensors, and control devices that facilitate irrigation, automation, and control of the environment. The use of such devices increases the efficiency and output of floating and solar powered greenhouses. This increased efficiency and output of smart greenhouses is a critical factor that foster its adoption during the predicted period.    

      In terms of geography, the EMEA region will account for the largest share of the market during the forecast period. The recent increase in the use of smart greenhouse technologies across various regions like Spain, the Netherlands, and Italy will result in the growth of this market in EMEA during the forecast period. Since the European greenhouse sector is one of the most energy-intensive sectors in agriculture, vendors from across the globe will invest in smart monitoring and controlling devices. This increase in investments by vendors will result in the strong growth of this market in EMEA during the predicted period.

      Technological segmentation of the smart greenhouse market

      • Lighting
      • Climate control
      • Irrigation
      • Control system

       

      In this market research, analysts have estimated the lighting segment to be the largest market segment during the forecast period. This segment currently accounts for more than 26% of the total market share and is predicted to further enhance its hold over the market by 2020 owing to the augmented focus on energy-efficient lighting systems among the end users. Furthermore, factors like the increasing government support and the entry of multiple competitors will spur growth in this market segment during the forecast period.

       

      Covered in this report 
      The report covers the present scenario and the growth prospects of the global smart greenhouse market for 2016-2020. 

      The market is divided into the following segments based on geography: 
      • Americas
      • APAC
      • EMEA

      Technavio's report, Global Smart Greenhouse Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. 

      Key vendors 
      • Heliospectra
      • LumiGrow
      • Nexus
      • Rough Brothers 

      Other prominent vendors 
      • Netafim
      • LOGIQS B.V
      • HORT AMERICAS
      • TERRASPHERE SYSTEMS
      • CERTHON

      Market driver 
      • Advances in technology
      • For a full, detailed list, view our report 

      Market challenge 
      • High initial cost
      • For a full, detailed list, view our report 

      Market trend 
      • Increased need for efficiency
      • For a full, detailed list, view our report 

      Key questions answered in this report 
      • What will the market size be in 2020 and what will the growth rate be?
      • What are the key market trends?
      • What is driving this market?
      • What are the challenges to market growth?
      • Who are the key vendors in this market space?
      • What are the market opportunities and threats faced by the key vendors?
      • What are the strengths and weaknesses of the key vendors? 

       

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