Global Smart Greenhouse Market 2023-2027

The smart greenhouse market is forecasted to grow by USD 1,203.77 mn during 2022-2027, accelerating at a CAGR of 9.31% during the forecast period. The report on the smart greenhouse market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing requirement for fresh food, higher yield than traditional methods, and rapid urbanization and low availability of arable land.

Market Scope
Base Year	2022
End Year	2027
Series Year	2023-2027
Growth Momentum	Accelerate
YOY 2023	8.64%
CAGR	9.31%
Incremental Value	$1203.77mn

Technavio's smart greenhouse market is segmented as below:

By Type

Hydroponic
Non-hydroponic

By Component

HVAC systems
LED grow lights
Control systems and sensors
Others

By Geography

APAC
Europe
North America
South America
Middle East and Africa

This study identifies the emerging trend of rooftop farming as one of the prime reasons driving the smart greenhouse market growth during the next few years. Also, increasing awareness about smart greenhouse and surge in investments of agricultural R and D will lead to sizable demand in the market.

The report on the smart greenhouse market covers the following areas:

Smart greenhouse market sizing
Smart greenhouse market forecast
Smart greenhouse market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading smart greenhouse market vendors that include Ag Leader Technology, AGCO Corp., Agra Tech Inc., Ceres Greenhouse Solutions, Certhon Build B.V., CLAAS KGaA mBH, CNH Industrial NV, Controlled Environments Ltd., Cultivar Ltd., Deere and Co., Gibraltar Industries Inc., Green Automation Group Oy Ltd., Heliospectra AB, LOGIQS B.V., Orbia Advance Corp. SAB de CV, Phonetics Inc., Richel Group SAS, Signify NV, Sollum Technologies inc., and TSI Inc. Also, the smart greenhouse market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR76211

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market by Geography
Exhibit 05: Executive Summary - Chart on Market Segmentation by Type
Exhibit 06: Executive Summary - Chart on Market Segmentation by Component
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global smart greenhouse market 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on global smart greenhouse market 2017 - 2021 ($ million)
4.2 Type Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - Type Segment 2017 - 2021 ($ million)
4.3 Component Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - Component Segment 2017 - 2021 ($ million)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ million)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Type

6.1 Market segments
Exhibit 30: Chart on Type - Market share 2022-2027 (%)
Exhibit 31: Data Table on Type - Market share 2022-2027 (%)
6.2 Comparison by Type
Exhibit 32: Chart on Comparison by Type
Exhibit 33: Data Table on Comparison by Type
6.3 Hydroponic - Market size and forecast 2022-2027
Exhibit 34: Chart on Hydroponic - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Data Table on Hydroponic - Market size and forecast 2022-2027 ($ million)
Exhibit 36: Chart on Hydroponic - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Hydroponic - Year-over-year growth 2022-2027 (%)
6.4 Non-hydroponic - Market size and forecast 2022-2027
Exhibit 38: Chart on Non-hydroponic - Market size and forecast 2022-2027 ($ million)
Exhibit 39: Data Table on Non-hydroponic - Market size and forecast 2022-2027 ($ million)
Exhibit 40: Chart on Non-hydroponic - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Non-hydroponic - Year-over-year growth 2022-2027 (%)
6.5 Market opportunity by Type
Exhibit 42: Market opportunity by Type ($ million)
Exhibit 43: Data Table on Market opportunity by Type ($ million)

7 Market Segmentation by Component

7.1 Market segments
Exhibit 44: Chart on Component - Market share 2022-2027 (%)
Exhibit 45: Data Table on Component - Market share 2022-2027 (%)
7.2 Comparison by Component
Exhibit 46: Chart on Comparison by Component
Exhibit 47: Data Table on Comparison by Component
7.3 HVAC systems - Market size and forecast 2022-2027
Exhibit 48: Chart on HVAC systems - Market size and forecast 2022-2027 ($ million)
Exhibit 49: Data Table on HVAC systems - Market size and forecast 2022-2027 ($ million)
Exhibit 50: Chart on HVAC systems - Year-over-year growth 2022-2027 (%)
Exhibit 51: Data Table on HVAC systems - Year-over-year growth 2022-2027 (%)
7.4 LED grow lights - Market size and forecast 2022-2027
Exhibit 52: Chart on LED grow lights - Market size and forecast 2022-2027 ($ million)
Exhibit 53: Data Table on LED grow lights - Market size and forecast 2022-2027 ($ million)
Exhibit 54: Chart on LED grow lights - Year-over-year growth 2022-2027 (%)
Exhibit 55: Data Table on LED grow lights - Year-over-year growth 2022-2027 (%)
7.5 Control systems and sensors - Market size and forecast 2022-2027
Exhibit 56: Chart on Control systems and sensors - Market size and forecast 2022-2027 ($ million)
Exhibit 57: Data Table on Control systems and sensors - Market size and forecast 2022-2027 ($ million)
Exhibit 58: Chart on Control systems and sensors - Year-over-year growth 2022-2027 (%)
Exhibit 59: Data Table on Control systems and sensors - Year-over-year growth 2022-2027 (%)
7.6 Others - Market size and forecast 2022-2027
Exhibit 60: Chart on Others - Market size and forecast 2022-2027 ($ million)
Exhibit 61: Data Table on Others - Market size and forecast 2022-2027 ($ million)
Exhibit 62: Chart on Others - Year-over-year growth 2022-2027 (%)
Exhibit 63: Data Table on Others - Year-over-year growth 2022-2027 (%)
7.7 Market opportunity by Component
Exhibit 64: Market opportunity by Component ($ million)
Exhibit 65: Data Table on Market opportunity by Component ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 67: Chart on Market share by geography 2022-2027 (%)
Exhibit 68: Data Table on Market share by geography 2022-2027 (%)
9.2 Geographic comparison
Exhibit 69: Chart on Geographic comparison
Exhibit 70: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2022-2027
Exhibit 71: Chart on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 72: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 73: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 74: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.4 Europe - Market size and forecast 2022-2027
Exhibit 75: Chart on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 76: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 77: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 78: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.5 North America - Market size and forecast 2022-2027
Exhibit 79: Chart on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 80: Data Table on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 81: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 82: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.6 South America - Market size and forecast 2022-2027
Exhibit 83: Chart on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 84: Data Table on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 85: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 86: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.7 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.8 China - Market size and forecast 2022-2027
Exhibit 91: Chart on China - Market size and forecast 2022-2027 ($ million)
Exhibit 92: Data Table on China - Market size and forecast 2022-2027 ($ million)
Exhibit 93: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 94: Data Table on China - Year-over-year growth 2022-2027 (%)
9.9 India - Market size and forecast 2022-2027
Exhibit 95: Chart on India - Market size and forecast 2022-2027 ($ million)
Exhibit 96: Data Table on India - Market size and forecast 2022-2027 ($ million)
Exhibit 97: Chart on India - Year-over-year growth 2022-2027 (%)
Exhibit 98: Data Table on India - Year-over-year growth 2022-2027 (%)
9.10 US - Market size and forecast 2022-2027
Exhibit 99: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibit 100: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibit 101: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 102: Data Table on US - Year-over-year growth 2022-2027 (%)
9.11 Germany - Market size and forecast 2022-2027
Exhibit 103: Chart on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 104: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 105: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 106: Data Table on Germany - Year-over-year growth 2022-2027 (%)
9.12 France - Market size and forecast 2022-2027
Exhibit 107: Chart on France - Market size and forecast 2022-2027 ($ million)
Exhibit 108: Data Table on France - Market size and forecast 2022-2027 ($ million)
Exhibit 109: Chart on France - Year-over-year growth 2022-2027 (%)
Exhibit 110: Data Table on France - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity by geography
Exhibit 111: Market opportunity by geography ($ million)
Exhibit 112: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 113: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 115: Overview on factors of disruption
11.4 Industry risks
Exhibit 116: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 117: Vendors covered
12.2 Market positioning of vendors
Exhibit 118: Matrix on vendor position and classification
12.3 Ag Leader Technology
Exhibit 119: Ag Leader Technology - Overview
Exhibit 120: Ag Leader Technology - Product / Service
Exhibit 121: Ag Leader Technology - Key offerings
12.4 AGCO Corp.
Exhibit 122: AGCO Corp. - Overview
Exhibit 123: AGCO Corp. - Business segments
Exhibit 124: AGCO Corp. - Key news
Exhibit 125: AGCO Corp. - Key offerings
Exhibit 126: AGCO Corp. - Segment focus
12.5 Ceres Greenhouse Solutions
Exhibit 127: Ceres Greenhouse Solutions - Overview
Exhibit 128: Ceres Greenhouse Solutions - Product / Service
Exhibit 129: Ceres Greenhouse Solutions - Key offerings
12.6 Certhon Build B.V.
Exhibit 130: Certhon Build B.V. - Overview
Exhibit 131: Certhon Build B.V. - Product / Service
Exhibit 132: Certhon Build B.V. - Key offerings
12.7 Controlled Environments Ltd.
Exhibit 133: Controlled Environments Ltd. - Overview
Exhibit 134: Controlled Environments Ltd. - Product / Service
Exhibit 135: Controlled Environments Ltd. - Key offerings
12.8 Cultivar Ltd.
Exhibit 136: Cultivar Ltd. - Overview
Exhibit 137: Cultivar Ltd. - Product / Service
Exhibit 138: Cultivar Ltd. - Key offerings
12.9 Gibraltar Industries Inc.
Exhibit 139: Gibraltar Industries Inc. - Overview
Exhibit 140: Gibraltar Industries Inc. - Business segments
Exhibit 141: Gibraltar Industries Inc. - Key offerings
Exhibit 142: Gibraltar Industries Inc. - Segment focus
12.10 Green Automation Group Oy Ltd.
Exhibit 143: Green Automation Group Oy Ltd. - Overview
Exhibit 144: Green Automation Group Oy Ltd. - Product / Service
Exhibit 145: Green Automation Group Oy Ltd. - Key offerings
12.11 Heliospectra AB
Exhibit 146: Heliospectra AB - Overview
Exhibit 147: Heliospectra AB - Product / Service
Exhibit 148: Heliospectra AB - Key offerings
12.12 LOGIQS B.V.
Exhibit 149: LOGIQS B.V. - Overview
Exhibit 150: LOGIQS B.V. - Product / Service
Exhibit 151: LOGIQS B.V. - Key offerings
12.13 Orbia Advance Corp. SAB de CV
Exhibit 152: Orbia Advance Corp. SAB de CV - Overview
Exhibit 153: Orbia Advance Corp. SAB de CV - Business segments
Exhibit 154: Orbia Advance Corp. SAB de CV - Key offerings
Exhibit 155: Orbia Advance Corp. SAB de CV - Segment focus
12.14 Phonetics Inc.
Exhibit 156: Phonetics Inc. - Overview
Exhibit 157: Phonetics Inc. - Product / Service
Exhibit 158: Phonetics Inc. - Key offerings
12.15 Richel Group SAS
Exhibit 159: Richel Group SAS - Overview
Exhibit 160: Richel Group SAS - Product / Service
Exhibit 161: Richel Group SAS - Key offerings
12.16 Signify NV
Exhibit 162: Signify NV - Overview
Exhibit 163: Signify NV - Business segments
Exhibit 164: Signify NV - Key news
Exhibit 165: Signify NV - Key offerings
Exhibit 166: Signify NV - Segment focus
12.17 Sollum Technologies inc.
Exhibit 167: Sollum Technologies inc. - Overview
Exhibit 168: Sollum Technologies inc. - Product / Service
Exhibit 169: Sollum Technologies inc. - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 170: Inclusions checklist
Exhibit 171: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 172: Currency conversion rates for US$
13.4 Research methodology
Exhibit 173: Research methodology
Exhibit 174: Validation techniques employed for market sizing
Exhibit 175: Information sources
13.5 List of abbreviations
Exhibit 176: List of abbreviations