Zion Market Research has published a new report titled “Smart Greenhouse Market (Hydroponic, Non-hydroponic) by Technology (HVAC, LED Grow Light, Communication Technology, Irrigation System, Material Handling, Valves & Pumps, Control System, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2016 – 2022”

Sarasota, FL -- (SBWire) -- 01/15/2018 --According to the report, the global smart greenhouse market was valued at approximately USD 680.3 million in 2016 and is expected to reach approximately USD 1.31 Billion by 2022, growing at a CAGR of around 14.12% between 2017 and 2022. The report gives forecast and analysis for the smart greenhouse market on a global and regional level. The study provides historic data of 2016 along with a forecast from 2017 to 2022 based on revenue (USD Million). The study covers drivers and restraints for the smart greenhouse market all along with the impact they have on the demand over the forecast period. Furthermore, the report includes the study of opportunities available in the smart greenhouse market on a global level.

Request Free Sample Copy of Research Report @ https://goo.gl/5478zf

The smart greenhouse is a glasshouse or a hothouse in which plants are developed under artificial environment. Its construction involves solar radiations and favorable environment for growing plants. It is a major revolution in the agriculture industry and the new trend in farming technique. Rising global population and advancement in technology are replacing traditional agriculture techniques with automated urban farming methods like the smart greenhouse.

Smart greenhouse market is primarily driven by increasing the need for smart farming techniques to fulfill the demand of energy efficiency from customers. In addition, rooftop farming in unbans regions is expected to propel the market growth during the year to come. However, high initial cost of automation may hinder the growth of the market. Moreover, rising need of smart greenhouse with technological development for energy efficiency will help to open up new opportunities for smart greenhouse market.

Based on the type, global smart greenhouse market is segmented into hydroponic and non-hydroponic. In 2016, a non-hydroponic segment dominated the smart greenhouse market and expected to maintain its dominance during coming years.

Make an Inquiry before Purchase @ https://goo.gl/toXQGE

Global Smart Greenhouse Market: Technology Segment Analysis

HVAC
LED Grow Light
Communication Technology
Irrigation System
Material Handling
Valves & Pumps
Control System
Others

Europe accounted for largest share of the smart greenhouse market in 2016. It accounted for significant share of the market due to the high demand of food from Germany, UK, and France. Europe was followed by Asia Pacific. Asia-Pacific is expected to witness the fastest growth in coming years due to the increasing population in the region.

Browse detail report with in-depth TOC @ https://goo.gl/hS6MAB

Some of the key participants involved in smart greenhouse market Rough Brothers, Inc., Heliospectra AB, Terrasphere Systems, LLC, Argus Control Systems Ltd., LumiGrow Inc., Ceres Greenhouse Solutions, Hort Americas, JFE Engineering Corporation, Nexus Corporation, Logiqs B.V., Certhon, and GreenTech Agro LLC.

About Zion Market Research
Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client's needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.