The report on the worldwide clever greenhouse market evaluates the reasons why greenhouses and specifically clever greenhouses are a formidable option for cultivating crops in a controlled environment. This is explained in the report, titled Smart Greenhouse Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 2023.
The increasing need for the adoption of wise farming methods for energy conservation is also benefitting this market. The clever greenhouse market will likewise take advantage of the proliferation of rooftop farming practices in metropolitan locations.
However, the high initial set-up cost of clever greenhouses is limiting the market s development.
However, emerging vertical farming practices in urban regions will enhance the development prospects for players in this market.
In addition, the need for clever greenhouse farming practices is also creating brand-new development chances in the worldwide market. The smart greenhouse market will show robust development up until the end of the projection period.
On the basis of technology, product handling, heating, interaction technology, watering systems, valves and pumps, ventilation and cooling (HVAC), LED grow lights, control systems, and others are the sectors of the market. Of all, LED grow lights are anticipated to represent the biggest earnings share in the market during the forecast duration.
This is mainly due to the enhancing need for long-lasting and energy-efficient lighting innovation.
By type, the report segments the market into hydroponic and non-hydroponic. Non-hydroponic accounts for the majority share in the global market and is anticipated to maintain its lead till the end of the projection duration.
The hydroponic segment has greater growth capacity during the projection period.
Europe stands as the biggest market for smart greenhouses. The early adoption of modern farming practices in the region, which includes wise greenhouses as well, is driving this market.
The report points out top gamers in the global smart greenhouse market, specifically Rough Brothers Inc., Terrasphere Systems LLC, LumiGrow Inc., Hort Americas, Nexus Corporation, Certhon, Heliospectra AB, Argus Control Systems Ltd., Ceres Greenhouse Solutions, JFE Engineering Corporation, Logiqs B.V., and Agro LLC, among others.