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Smart Greenhouses, 2018: The Global Market (2017-2023) is Projected to Grow at a CAGR of 15.36% - ResearchAndMarkets.com

November 6, 2018

DUBLIN--(BUSINESS WIRE)--Nov 6, 2018--The “Smart Greenhouse Market - Forecasts from 2018 to 2023” report has been added to ResearchAndMarkets.com’s offering.

The smart greenhouse market will grow at a CAGR of 15.36% over the forecast period of 2017-2023.The demand for smart greenhouses is increasing on account of improvement in overall productivity and the trend towards indoor farming.In addition, favorable government policies aimed at integrating IoT with the agriculture industry will further boost the demand for these greenhouses.However high initial cost for setting up a smart greenhouse will restrict the growing demand for smart greenhouses.The North American and European region held a significant share in the market owing to the early adoption of technology and increasing research and development expenditure by vendors so as to develop cost-effective solutions.The Asia Pacific market is expected to witness substantial growth in the coming years due to increasing population and favorable government policies.

Major industry players profiled as part of the report are Heliospectra AB, Postscapes, Lumiglow Limited, Certhon, Hort Americas, and Sensaphone, among others.

Segmentation

By Product

LED Grow LightsBreeding Acceleration by Computer ControlAutomated Pumps, Valves and FittingsSensors and CamerasHeating, Ventilating and Air Cooling (HVAC) SystemOthers

By Component

HardwareSoftwareServices

By Geography

North AmericaSouth AmericaEuropeMiddle East and AfricaAsia PacificKey Topics Covered

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Dynamics

5. Smart Greenhouse Market By Product

6. Smart Greenhouse Market By Component

7. Smart Greenhouse Market By Geography

8. Competitive Intelligence

9. Company Profiles

Heliospectra ABPostscapesLumiglow LimitedCerthonHort AmericasSensaphoneCultivar Ltd.Desert GrowingKuboAgrowtek Inc.

For more information about this report visit https://www.researchandmarkets.com/research/xzhkkg/smart?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20181106005678/en/

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Related Topics:Agricultural Machinery and Equipment

KEYWORD:

INDUSTRY KEYWORD: MANUFACTURING OTHER MANUFACTURING

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 11/06/2018 10:57 AM/DISC: 11/06/2018 10:57 AM

http://www.businesswire.com/news/home/20181106005678/en

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