Smart Greenhouse Market Demand, Growth, Covid-19 Analysis, Challenges, Analysis and Forecasts 2020-2027| Keyplayers- Venlo, Agra Tech, TOP Greenhouse, FatDragon, Fenglong Technology

SMI published a business research report on 'Smart Greenhouse Market': Global Industry Analysis, Size, Share, Growth, Trends, Emerging Opportunities, Competitive Landscape, and Forecasts 2020–2027. Research report with 110+ pages on market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis. The information is gathered based on modern floats and requests identified with the administrations and items.

Key players are expected to enhance their marketing capabilities over the forecast period owing to certain market conditions. The report presents certain elements that will reflect what’s and how’s of such changes in the market. Further, the report studies various aspects of the global market such as upstream raw materials, downstream demand, and production value of leading players subject to market growth.

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Top Leading Companies mentioned are Venlo, Palram, Nexus Corporation, Agra Tech, Luiten, Atlas Manufacturing, AgrowTec, TOP Greenhouse, FatDragon, Fenglong Technology, Hua Kun, Kubo, RBI, HuiZhong XingTong, Shangyang Greenhouse, Shanghai Jinong, Xinyu Greenhouse, NongBang Greenhouse, GaoZongZhi, Nanjing Tengyong, Qingzhou Jinxin, Jin Zhi You.

Regional analysis covers:

North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia, Spain and Benelux)
Asia Pacific (China, Japan, India, Southeast Asia and Australia)
Latin America (Brazil, Argentina and Colombia)
Middle East and Africa

Top Impacting Factors:

High investment costs owing to deployment of expensive systems in smart greenhouses

Smart greenhouses are highly expensive owing to the deployment of a number of high-cost systems, such as HVAC systems, control systems, LED grow lights, and sensors in them. LED grow lights are an important and expensive component used in smart greenhouses. Each LED grow light unit contains an array of LED, specially designed for greenhouse applications, which increases their overall costs. These units contain different types of LED lights having variations in terms of wattage and wavelengths to provide the required light spectrum for the optimal growth of specific plant species.

Growing demand for food owing to continuously increasing global population

Farmers are likely to witness immense pressure for increasing their crop production either by making the land arable to grow crops or adopting emerging techniques such as smart greenhouses and vertical farming. According to the World Health Organization (WHO), 80% of the global population resides in urban areas. The prevailing scarcity of arable land in urban areas has led farmers to adopt new solutions such as smart greenhouses and vertical farming for developing fresh produce.

Opportunity: The emerging trend of rooftop farming in urban areas

Rooftop gardens have become a prevailing trend across the world. The practice of cultivating food on rooftops of buildings is referred to as rooftop farming. It usually uses green roofs, hydroponics, aeroponics, or air-dynamics systems or container gardens. Rooftop farming is being adopted in urban areas owing to the scarcity of the arable land. Rooftops of high-rise buildings are used to develop rooftop farms. These farms retain rainwater, decrease the likelihood of pests and human interference in crop cultivation, and reduce air pollution. Thus, the increasing adoption of rooftop farming in urban areas is expected to act as a growth opportunity for the smart greenhouse market.

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Challenge: Absence of industry standards for managing farm data

The management of farm data is a major challenge for the growth of the smart greenhouse market. The data obtained from different systems deployed in smart greenhouses is of high importance as it helps in making productive decisions. High volumes of important data pertaining to mapping, variable rate seeding, soil testing, and yield monitoring, as well as historical crop rotation, are generated from smart greenhouses on a regular basis. Hence, it is important to provide farmers and agriculturists with proper data management tools and techniques to acquire, manage, process, and use farm data effectively.

Smart Greenhouse Market Segmentation:

By Type
Hydroponic
Non-Hydroponic

By Technology
HVAC Systems
Irrigation Systems
Control Systems
LED Grow Lights
Sensors and Cameras
Material Handling Equipment
Valves and Pumps
Other Technologies

How will the report assist your business to grow?

The document offers statistical data about the value (US $) and size (units) for the Smart Greenhouse industry between 2020 to 2027.
The report also traces the leading market rivals that will create and influence this business to a greater extent.
Extensive understanding of the fundamental trends impacting each sector, although greatest threat, latest technologies, and opportunities that could build the global Smart Greenhouse market both supply and offer.
The report helps the customer to determine the substantial results of major market players or rulers of this sector.

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