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Global Smart Greenhouse Market to Grow at a CAGR of 17% During the Period 2016 - 2020; Finds New Report

Market Research Reports, Inc. has announced the addition of “Global Smart Greenhouse Market 2016 - 2020” research report to their website


Lewes, DE -- (SBWIRE) -- 03/17/2016 -- Report forecast the global smart greenhouse market to grow at a CAGR of 17% during the period 2016-2020.

In a smart greenhouse, crops are cultivated under controlled conditions to optimize production. Technologies such as sensors and devices are used to automate the functions of the greenhouse. Smart greenhouses protect crops from diseases, pests, and harsh weather conditions, while at the same time consuming low amount of power and allowing remote access to the farmers.

A smart greenhouse is equipped with interconnected devices to control sunlight, temperature, and humidity depending on the type of crop. The control system collects data from various sensors and transmits it for analysis to reduce production losses. The environment inside a smart greenhouse can be changed, modified, and analyzed remotely, and this is advantageous when such greenhouses are spread across regions.

The report covers the present scenario and the growth prospects of the global smart greenhouse market for 2016-2020.

The market is divided into the following segments based on geography:
- Americas

According to the report, technological innovations have led to the development of floating and solar-powered greenhouses that generate their own power, thereby reducing carbon emissions significantly. They use artificial intelligence devices, sensors, and controls for irrigation, automation, and control of the environment, which increase efficiency and output.

Further, the report states that producing crops in a controlled environment is capital and labor intensive, as the installation of a smart greenhouse is expensive. Apart from building a greenhouse, users have to install interconnected sensors; lighting, heating, cooling, and control devices; and software to control climatic conditions for efficient production. This makes users reluctant to invest in smart greenhouses as the ROI is negligible. The premium prices of technology and installation hinder the use of smart greenhouse technologies.

Global Smart Greenhouse Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Global Smart Greenhouse Market: Heliospectra, LumiGrow, Nexus, and Rough Brothers.

Other Prominent Vendors in the market are: Netafim, Logiqs, Hort Americas, Terrasphere Systems, and Certhon.

Market driver
- Advances in technology
- For a full, detailed list, view our report

Market challenge
- High initial cost
- For a full, detailed list, view our report

Market trend
- Increased need for efficiency
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 54 pages and 26 Exhibit "Global Smart Greenhouse Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market Overview, Market Landscape, Market segmentation by application, Market segmentation by technology, Geographical segmentation, Key leading countries, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

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