Notice: Global Information Announces Listing on JASDAQ Standard Market of the Tokyo Stock Exchange

Cover Image
Market Research Report

North America Smart Greenhouse Market Forecast 2021-2028

Published by Inkwood Research Product code 987549
Published Content info 102 Pages
Delivery time: 2-3 business days
Price
Back to Top
North America Smart Greenhouse Market Forecast 2021-2028
Published: February 8, 2021 Content info: 102 Pages
Description

KEY FINDINGS

The North America smart greenhouse market is projected to register a CAGR of 7.24%, across the studied period of 2021 to 2028. The region's market growth is supplemented by factors like, the presence of well-established players, the lack of agricultural land, the growing need for good-quality food, and the increasing demand for smart farming.

MARKET INSIGHTS

The North America smart greenhouse market growth is assessed through the analysis of Canada and the United States. While the overall vegetable prices in the United States have increased, the industry revenue has been limited. Moreover, extreme weather conditions damaged several crops of fresh field farmers. As a result, farmers' markets and grocery stores are rapidly turning to hydroponic farmers, in order to fulfill their demands. Droughts across several parts of the United States have also impaired agricultural industries over the last five years, thereby presenting positive growth opportunities to hydroponic crop farmers.

Conversely, vertical farming is steadily becoming a functional reality in southern Ontario, Canada, despite the seemingly prospective possibilities. In this regard, a new vertical farm in Welland's Industrial Zone, registered its foremost harvest, in November 2020. Inaugurated in September, the facility practices a high-tech approach, in terms of growing food indoors. This aspect saves energy and also helps enhance food safety and security. Therefore, such factors are anticipated to fuel the smart greenhouse market growth in North America, over the forecast period.

COMPETITIVE INSIGHTS

Leading companies operating in the market are, Argus Control Systems Limited, GreenTech Agro LLC, Hort Americas, etc.

Our report offerings include:

  • Explore key findings of the overall market
  • Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
  • Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
  • Market Segmentation cater to a thorough assessment of key segments with their market estimations
  • Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
  • Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
  • Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
  • Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
Table of Contents
Product Code: 36424

TABLE OF CONTENTS

1. RESEARCH SCOPE & METHODOLOGY

  • 1.1. STUDY OBJECTIVES
  • 1.2. SCOPE OF STUDY
  • 1.3. METHODOLOGY
  • 1.4. ASSUMPTIONS & LIMITATIONS

2. EXECUTIVE SUMMARY

  • 2.1. MARKET SIZE & ESTIMATES
  • 2.2. MARKET OVERVIEW

3. MARKET DYNAMICS

  • 3.1. KEY DRIVERS
    • 3.1.1. GROWING DEMAND FOR ORGANIC FOOD
    • 3.1.2. SURGING ADOPTION OF AI AND IOT BY AGRICULTURISTS
    • 3.1.3. EASY MONITORING AND HARVESTING OF CROPS
  • 3.2. KEY RESTRAINTS
    • 3.2.1. HIGH INVESTMENT COSTS
    • 3.2.2. LACK OF GOVERNMENT REGULATIONS
    • 3.2.3. LACK OF TECHNICAL PROFESSIONALS

4. KEY ANALYTICS

  • 4.1. IMPACT OF COVID-19 ON SMART GREENHOUSE MARKET
  • 4.2. KEY INVESTMENT INSIGHTS
  • 4.3. PORTER'S FIVE FORCE ANALYSIS
    • 4.3.1. BUYER POWER
    • 4.3.2. SUPPLIER POWER
    • 4.3.3. SUBSTITUTION
    • 4.3.4. NEW ENTRANTS
    • 4.3.5. INDUSTRY RIVALRY
  • 4.4. OPPORTUNITY MATRIX
  • 4.5. VENDOR LANDSCAPE

5. MARKET BY TYPE

  • 5.1. HYDROPONIC
  • 5.2. NON-HYDROPONIC

6. MARKET BY PRODUCT

  • 6.1. COMMERCIAL GROWERS
  • 6.2. RESEARCH & EDUCATIONAL INSTITUTES
  • 6.3. RETAIL GARDENS
  • 6.4. OTHERS

7. MARKET BY COMPONENT

  • 7.1. HVAC SYSTEMS
  • 7.2. LED GROW LIGHTS
  • 7.3. IRRIGATION SYSTEMS
  • 7.4. VALVES & PUMPS
  • 7.5. SENSOR & CONTROL SYSTEMS
  • 7.6. OTHERS

8. GEOGRAPHICAL ANALYSIS

  • 8.1. NORTH AMERICA
    • 8.1.1. KEY GROWTH ENABLERS
    • 8.1.2. KEY CHALLENGES
    • 8.1.3. KEY PLAYERS
    • 8.1.4. COUNTRY ANALYSIS
      • 8.1.4.1. UNITED STATES
      • 8.1.4.2. CANADA

9. COMPETITIVE LANDSCAPE

  • 9.1. KEY STRATEGIC DEVELOPMENTS
    • 9.1.1. MERGER & ACQUISITIONS
    • 9.1.2. PRODUCT LAUNCH & DEVELOPMENTS
    • 9.1.3. PARTNERSHIP, CONTRACT/AGREEMENT & COLLABORATION
    • 9.1.4. BUSINESS EXPANSION
  • 9.2. COMPANY PROFILES
    • 9.2.1. ARGUS CONTROL SYSTEMS LIMITED
    • 9.2.2. CERTHON
    • 9.2.3. CULTIVAR LTD
    • 9.2.4. GREENTECH AGRO LLC
    • 9.2.5. HELIOSPECTRA AB
    • 9.2.6. HORT AMERICAS
    • 9.2.7. LUMIGROW
    • 9.2.8. NETAFIM
    • 9.2.9. ROUGH BROTHERS INC
    • 9.2.10. SENSAPHONE
    • 9.2.11. NEXUS
    • 9.2.12. GREENTECH INDIA
    • 9.2.13. PROSPERA TECHNOLOGIES
    • 9.2.14. DELTA T SOLUTIONS
    • 9.2.15. PURE HARVEST

LIST OF TABLES

  • TABLE 1: MARKET SNAPSHOT - SMART GREENHOUSE
  • TABLE 2: NORTH AMERICA SMART GREENHOUSE MARKET, BY TYPE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
  • TABLE 3: NORTH AMERICA SMART GREENHOUSE MARKET, BY TYPE, FORECAST YEARS, 2021-2028 (IN $ MILLION)
  • TABLE 4: NORTH AMERICA SMART GREENHOUSE MARKET, BY PRODUCT, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
  • TABLE 5: NORTH AMERICA SMART GREENHOUSE MARKET, BY PRODUCT, FORECAST YEARS, 2021-2028 (IN $ MILLION)
  • TABLE 6: NORTH AMERICA SMART GREENHOUSE MARKET, BY COMPONENT, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
  • TABLE 7: NORTH AMERICA SMART GREENHOUSE MARKET, BY COMPONENT, FORECAST YEARS, 2021-2028 (IN $ MILLION)
  • TABLE 8: NORTH AMERICA SMART GREENHOUSE MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
  • TABLE 9: NORTH AMERICA SMART GREENHOUSE MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)
  • TABLE 10: LEADING PLAYERS OPERATING IN NORTH AMERICA SMART GREENHOUSE MARKET

LIST OF FIGURES

  • FIGURE 1: KEY INVESTMENT INSIGHTS
  • FIGURE 2: PORTER'S FIVE FORCE ANALYSIS
  • FIGURE 3: OPPORTUNITY MATRIX
  • FIGURE 4: VENDOR LANDSCAPE
  • FIGURE 5: NORTH AMERICA SMART GREENHOUSE MARKET, GROWTH POTENTIAL, BY TYPE, IN 2020
  • FIGURE 6: NORTH AMERICA SMART GREENHOUSE MARKET, BY HYDROPONIC, 2021-2028 (IN $ MILLION)
  • FIGURE 7: NORTH AMERICA SMART GREENHOUSE MARKET, BY NON-HYDROPONIC, 2021-2028 (IN $ MILLION)
  • FIGURE 8: NORTH AMERICA SMART GREENHOUSE MARKET, GROWTH POTENTIAL, BY PRODUCT, IN 2020
  • FIGURE 9: NORTH AMERICA SMART GREENHOUSE MARKET, BY COMMERCIAL GROWERS, 2021-2028 (IN $ MILLION)
  • FIGURE 10: NORTH AMERICA SMART GREENHOUSE MARKET, BY RESEARCH & EDUCATIONAL INSTITUTES, 2021-2028 (IN $ MILLION)
  • FIGURE 11: NORTH AMERICA SMART GREENHOUSE MARKET, BY RETAIL GARDENS, 2021-2028 (IN $ MILLION)
  • FIGURE 12: NORTH AMERICA SMART GREENHOUSE MARKET, BY OTHERS, 2021-2028 (IN $ MILLION)
  • FIGURE 13: NORTH AMERICA SMART GREENHOUSE MARKET, GROWTH POTENTIAL, BY COMPONENT, IN 2020
  • FIGURE 14: NORTH AMERICA SMART GREENHOUSE MARKET, BY HVAC SYSTEMS, 2021-2028 (IN $ MILLION)
  • FIGURE 15: NORTH AMERICA SMART GREENHOUSE MARKET, BY LED GROW LIGHTS, 2021-2028 (IN $ MILLION)
  • FIGURE 16: NORTH AMERICA SMART GREENHOUSE MARKET, BY IRRIGATION SYSTEMS, 2021-2028 (IN $ MILLION)
  • FIGURE 17: NORTH AMERICA SMART GREENHOUSE MARKET, BY VALVES & PUMPS, 2021-2028 (IN $ MILLION)
  • FIGURE 18: NORTH AMERICA SMART GREENHOUSE MARKET, BY SENSOR & CONTROL SYSTEMS, 2021-2028 (IN $ MILLION)
  • FIGURE 19: NORTH AMERICA SMART GREENHOUSE MARKET, BY OTHERS, 2021-2028 (IN $ MILLION)
  • FIGURE 20: NORTH AMERICA SMART GREENHOUSE MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)
  • FIGURE 21: UNITED STATES SMART GREENHOUSE MARKET, 2021-2028 (IN $ MILLION)
  • FIGURE 22: CANADA SMART GREENHOUSE MARKET, 2021-2028 (IN $ MILLION)
Back to Top