Table of Content

1 INTRODUCTION 16
1.1 STUDY OBJECTIVES 16
1.2 DEFINITION 16
1.2.1 INCLUSIONS AND EXCLUSIONS 17
1.3 STUDY SCOPE 18
1.3.1 MARKETS COVERED 18
1.3.2 GEOGRAPHIC SCOPE 18
1.3.3 YEARS CONSIDERED 19
1.4 CURRENCY 19
1.5 STAKEHOLDERS 19

2 RESEARCH METHODOLOGY 20
2.1 RESEARCH DATA 20
2.1.1 SECONDARY DATA 22
2.1.1.1 Key data from secondary sources 22
2.1.2 PRIMARY DATA 22
2.1.2.1 Breakdown of primaries 23
2.1.2.2 Key data from primary sources 23
2.1.3 SECONDARY AND PRIMARY RESEARCH 24
2.2 MARKET SIZE ESTIMATION 25
2.2.1 BOTTOM-UP APPROACH 27
2.2.1.1 Approach used to arrive at market size using bottom-up analysis (demand side) 27
2.2.1.2 Approach for obtaining company-specific information in smart greenhouse value chain 27
2.2.2 TOP-DOWN APPROACH 28
2.2.2.1 Approach used to arrive at market size using top-down analysis (supply side) 28
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 29
2.4 RESEARCH ASSUMPTIONS 30

3 EXECUTIVE SUMMARY 31

4 PREMIUM INSIGHTS 35
4.1 ATTRACTIVE GROWTH OPPORTUNITIES IN SMART GREENHOUSE MARKET 35
4.2 SMART GREENHOUSE MARKET, BY TYPE 35
4.3 SMART GREENHOUSE MARKET IN APAC, BY END USER AND COUNTRY 36
4.4 SMART GREENHOUSE MARKET IN NORTH AMERICA, BY COVERING MATERIAL TYPE 36
4.5 SMART GREENHOUSE MARKET, BY REGION 37

5 MARKET OVERVIEW 38
5.1 INTRODUCTION 38
5.2 MARKET DYNAMICS 38
5.2.1 DRIVERS 39
5.2.1.1 Increasing adoption of IoT and AI by farmers and agriculturists 39
5.2.1.2 Growing demand for food owing to continuously increasing global population 39
5.2.1.3 Rising number of government initiatives to promote adoption of smart agricultural practices 40
5.2.1.4 Increasing adoption of indoor farming in urban areas 40
5.2.2 RESTRAINTS 41
5.2.2.1 High investment costs owing to deployment of expensive systems in smart greenhouses 41
5.2.3 OPPORTUNITIES 42
5.2.3.1 Rising global adoption of vertical farming technology 42
5.2.3.2 Emerging trend of rooftop farming in urban areas 42
5.2.4 CHALLENGES 43
5.2.4.1 Absence of industry standards for managing farm data 43
5.2.4.2 Integration of different components and technologies used in smart greenhouses 43
5.3 VALUE CHAIN ANALYSIS 44
5.4 IMPACT OF COVID-19 ON SMART GREENHOUSE MARKET 45

6 SMART GREENHOUSE MARKET, BY TYPE 46
6.1 INTRODUCTION 47
6.2 HYDROPONICS 47
6.2.1 HYDROPONICS SEGMENT TO ACCOUNT FOR LARGE SIZE OF SMART GREENHOUSE MARKET FROM 2020 TO 2025 47
6.3 NON-HYDROPONICS 48
6.3.1 EUROPE TO HOLD LARGE SIZE OF NON-HYDROPONICS SMART GREENHOUSE MARKET FROM 2020 TO 2025 48

7 SMART GREENHOUSE MARKET, BY COVERING MATERIAL TYPE 49
7.1 INTRODUCTION 50
7.2 POLYETHYLENE 50
7.2.1 POLYETHYLENE SEGMENT OF SMART GREENHOUSE MARKET EXPECTED TO GROW AT HIGHEST CAGR FROM 2020 TO 2025 50
7.3 POLYCARBONATE 51
7.3.1 USE OF POLYCARBONATE OFFERS EXCELLENT INSULATION, DURABILITY, AND FLEXIBILITY TO SMART GREENHOUSES 51
7.4 OTHERS 51
7.4.1 EUROPE TO ACCOUNT FOR LARGEST SIZE OF SMART GREENHOUSE MARKET FROM 2020 TO 2025 51
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8 SMART GREENHOUSE MARKET, BY OFFERING 52
8.1 INTRODUCTION 53
8.2 HARDWARE 53
8.2.1 HARDWARE SEGMENT ACCOUNTED FOR LARGE SIZE OF SMART GREENHOUSE MARKET IN 2019 53
8.3 SOFTWARE & SERVICES 54
8.3.1 SOFTWARE & SERVICES SEGMENT OF SMART GREENHOUSE MARKET TO GROW AT HIGH CAGR FROM 2020 TO 2025 54

9 SMART GREENHOUSE MARKET, BY COMPONENT 56
9.1 INTRODUCTION 57
9.2 HVAC SYSTEMS 57
9.2.1 HVAC SYSTEMS PROVIDE AN IMPROVED INDOOR ENVIRONMENT IN SMART GREENHOUSES 57
9.3 LED GROW LIGHTS 58
9.3.1 INCREASED ADOPTION OF LED GROW LIGHTS IN SMART GREENHOUSES FOR ENHANCED OPERATIONAL EFFICIENCY AND REDUCED ENERGY CONSUMPTION 58
9.4 CONTROL SYSTEMS & SENSORS 58
9.4.1 SENSORS PROVIDE QUANTITATIVE INFORMATION TO GUIDE CULTIVATORS AND ENABLE AUTOMATED DECISION-MAKING RELATED TO CROP CULTIVATION 58

10 CROPS CULTIVATED IN SMART GREENHOUSES 60
10.1 INTRODUCTION 60
10.2 VEGETABLES 60
10.2.1 VEGETABLES GROWN USING HYDROPONICS TECHNIQUE WITNESS FAST GROWTH THAN VEGETABLES GROWN THROUGH TRADITIONAL FARMING 60
10.3 FRUITS 60
10.3.1 FRUITS CAN BE HARVESTED THROUGHOUT YEAR IN SMART GREENHOUSES 60
10.4 FLOWERS 61
10.4.1 SMART GREENHOUSES ENABLE FLOWER GROWERS TO HAVE COMPLETE CONTROL OVER NUTRIENT FLOW TO PLANTS 61

11 SMART GREENHOUSE MARKET, BY END USER 62
11.1 INTRODUCTION 63
11.2 COMMERCIAL GROWERS 63
11.2.1 COMMERCIAL GROWERS SEGMENT OF SMART GREENHOUSE MARKET PROJECTED TO GROW AT HIGHEST CAGR FROM 2020 TO 2025 63
11.3 RESEARCH & EDUCATIONAL INSTITUTES 64
11.3.1 RESEARCH & EDUCATIONAL INSTITUTES SEGMENT ACCOUNTED FOR LARGEST SIZE OF SMART GREENHOUSE MARKET IN 2019 64
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11.4 RETAIL GARDENS 64
11.4.1 EUROPE ACCOUNTED FOR LARGEST SIZE OF SMART GREENHOUSE MARKET FOR RETAIL GARDENS IN 2019 64
11.5 OTHERS 65
11.5.1 SMART GREENHOUSES ENABLE GROWTH OF DIFFERENT ALGAE STRAINS USED IN BIOTECHNOLOGY INDUSTRY 65

12 GEOGRAPHIC ANALYSIS 66
12.1 INTRODUCTION 67
12.2 NORTH AMERICA 68
12.2.1 US 71
12.2.1.1 US to account for largest size of smart greenhouse market in North America from 2020 to 2025 71
12.2.2 CANADA 72
12.2.2.1 Increase in government initiatives and support for automation of greenhouses to fuel growth of greenhouse market in Canada 72
12.2.3 MEXICO 72
12.2.3.1 Favorable climate of Mexico promoting adoption of smart greenhouses in country 72
12.3 EUROPE 72
12.3.1 NETHERLANDS 75
12.3.1.1 Netherlands to lead smart greenhouse market in Europe from 2020 to 2025 75
12.3.2 SPAIN 76
12.3.2.1 Poor quality of soil to lead to increased establishment of smart greenhouses in Spain 76
12.3.3 ITALY 76
12.3.3.1 Increased adoption of smart greenhouses in Italy post-2014–15 drought 76
12.3.4 GERMANY 76
12.3.4.1 Cold winters and strong R&D base expected to drive adoption of smart greenhouses in Germany 76
12.3.5 UK 76
12.3.5.1 Transformation in smart agriculture landscape of UK to lead to growth of smart greenhouse market in country 76
12.3.6 REST OF EUROPE 76
12.4 APAC 77
12.4.1 CHINA 80
12.4.1.1 Continuously increasing population in China leading to rise in adoption of smart greenhouses in country 80
12.4.2 JAPAN 80
12.4.2.1 Rise in urban farming practices to increase growth of smart greenhouse market in Japan 80
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12.4.3 AUSTRALIA 80
12.4.3.1 less rainfall and legalization of cannabis to fuel growth of smart greenhouse market in Australia 80
12.4.4 REST OF APAC 80
12.5 ROW 81
12.6 MIDDLE EAST AND AFRICA 83
12.6.1 MIDDLE EAST AND AFRICA TO LEAD SMART GREENHOUSE MARKET FROM 2020 TO 2025 83
12.7 SOUTH AMERICA 83
12.7.1 EXTREME WEATHER CONDITIONS TO DRIVE DEMAND FOR SMART GREENHOUSES IN SOUTH AMERICA 83

13 COMPETITIVE LANDSCAPE 84
13.1 OVERVIEW 84
13.2 RANKING ANALYSIS OF KEY PLAYERS IN SMART GREENHOUSE MARKET 85
13.3 COMPETITIVE SITUATIONS AND TRENDS 86
13.3.1 PRODUCT LAUNCHES/DEVELOPMENTS 86
13.3.2 AGREEMENTS 86
13.3.3 CONTRACTS 87
13.3.4 EXPANSIONS 87
13.3.5 PARTNERSHIPS 87
13.4 COMPETITIVE LEADERSHIP MAPPING, 2019 88
13.4.1 VISIONARY LEADERS 88
13.4.2 DYNAMIC DIFFERENTIATORS 88
13.4.3 INNOVATORS 88
13.4.4 EMERGING COMPANIES 88
14 COMPANY PROFILES 91
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
14.1 KEY PLAYERS 91
14.1.2 ARGUS CONTROLS 92
14.1.3 CERTHON 94
14.1.4 ROUGH BROTHERS 96
14.1.5 GREENTECH AGRO 97
14.1.6 NETAFIM 98
14.1.7 SENSAPHONE 99
14.1.8 CULTIVAR 101
14.1.9 HELIOSPECTRA AB 102
14.1.10 LUMIGROW, INC. 105
14.2 RIGHT TO WIN 107
14.3 OTHER IMPORTANT PLAYERS 108
14.3.1 DESERT GROWING 108
14.3.2 GREENTECH INDIA 108
14.3.3 PROSPERA TECHNOLOGIES 109
14.3.4 PURE HARVEST 109
14.3.5 GROWLINK 110
14.3.6 MOTORLEAF 110
14.3.7 KHEYTI 111
14.3.8 HORT AMERICAS 111
14.3.9 DELTA T SOLUTIONS 112
14.3.10 GROWFLUX 112
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View might not be captured in case of unlisted companies.
15 APPENDIX 113
15.1 INSIGHTS FROM INDUSTRY EXPERTS 113
15.2 DISCUSSION GUIDE 114
15.3 KNOWLEDGE STORE 117
15.4 AVAILABLE CUSTOMIZATIONS 119
15.5 RELATED REPORTS 119
15.6 AUTHOR DETAILS 120



List of Figures



FIGURE 1 MARKET SEGMENTATION 18
FIGURE 2 SMART GREENHOUSE MARKET: RESEARCH DESIGN 21
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY SIDE): REVENUE GENERATED FROM SALES OF HARDWARE OF SMART GREENHOUSES 25
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 (SUPPLY SIDE): REVENUE GENERATED FROM SALES OF HARDWARE/SOFTWARE & SERVICES OF SMART GREENHOUSES 25
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 3 (DEMAND SIZE) – BOTTOM-UP APPROACH FOR ESTIMATION OF SIZE OF SMART GREENHOUSE MARKET BASED ON REGION 26
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 27
FIGURE 7 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 28
FIGURE 8 DATA TRIANGULATION METHODOLOGY 29
FIGURE 9 HYDROPONICS SEGMENT TO LEAD SMART GREENHOUSE MARKET
FROM 2020 TO 2025 31
FIGURE 10 HARDWARE SEGMENT TO ACCOUNT FOR LARGE SIZE OF SMART GREENHOUSE MARKET FROM 2020 TO 2025 32
FIGURE 11 POLYETHYLENE SEGMENT TO ACCOUNT FOR LARGEST SIZE OF SMART GREENHOUSE MARKET FROM 2020 TO 2025 32
FIGURE 12 RESEARCH & EDUCATIONAL INSTITUTES SEGMENT HELD LARGEST SHARE OF SMART GREENHOUSE MARKET IN 2019 33
FIGURE 13 EUROPE ACCOUNTED FOR LARGEST SHARE OF SMART GREENHOUSE
MARKET IN 2019 34
FIGURE 14 INCREASING GLOBAL DEMAND FOR FOOD DRIVING GROWTH OF SMART GREENHOUSE MARKET 35
FIGURE 15 HYDROPONICS SEGMENT TO ACCOUNT FOR LARGE SIZE OF SMART GREENHOUSE MARKET FROM 2020 TO 2025 35
FIGURE 16 RESEARCH & EDUCATIONAL INSTITUTES SEGMENT AND CHINA ACCOUNTED FOR LARGEST SHARES OF SMART GREENHOUSE MARKET IN APAC IN 2019 36
FIGURE 17 POLYETHYLENE SEGMENT TO LEAD SMART GREENHOUSE MARKET IN NORTH AMERICA FROM 2020 TO 2025 36
FIGURE 18 SMART GREENHOUSE MARKET IN APAC TO GROW AT HIGHEST CAGR
FROM 2020 TO 2025 37
FIGURE 19 SMART GREENHOUSE MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES AND CHALLENGES 38
FIGURE 20 GLOBAL FOOD CONSUMPTION IN KCAL/PERSON/DAY BY 2030 39
FIGURE 21 IMPACT ANALYSIS OF DRIVERS ON SMART GREENHOUSE MARKET 41
FIGURE 22 IMPACT ANALYSIS OF RESTRAINTS ON SMART GREENHOUSE MARKET 42
FIGURE 23 IMPACT ANALYSIS OF OPPORTUNITIES ON SMART GREENHOUSE MARKET 43
FIGURE 24 IMPACT ANALYSIS OF CHALLENGES ON SMART GREENHOUSE MARKET 44
FIGURE 25 VALUE CHAIN ANAYSIS: SMART GREENHOUSE MARKET 44
FIGURE 26 SMART GREENHOUSE MARKET IN CANADA TO GROW AT HIGHEST CAGR
FROM 2020 TO 2025 67
FIGURE 27 NORTH AMERICA: SMART GREENHOUSE MARKET SNAPSHOT 69
FIGURE 28 EUROPE: SMART GREENHOUSE MARKET SNAPSHOT 73
FIGURE 29 APAC: SMART GREENHOUSE MARKET SNAPSHOT 77
FIGURE 30 PRODUCT LAUNCHES/DEVELOPMENTS ADOPTED AS KEY GROWTH STRATEGY FROM 2017 TO 2019 84
FIGURE 31 SMART GREENHOUSE MARKET: RANKING OF KEY COMPANIES IN 2019 85
FIGURE 32 COMPETITIVE LEADERSHIP MAPPING FOR SMART GREENHOUSE SOLUTION PROVIDERS, 2019 89
FIGURE 33 COMPETITIVE LEADERSHIP MAPPING FOR SMART GREENHOUSE HARDWARE PROVIDERS, 2019 90
FIGURE 34 HELIOSPECTRA AB: COMPANY SNAPSHOT 102

 

List of Tables



TABLE 1 SMART GREENHOUSE MARKET, BY TYPE, 2017–2025 (USD MILLION) 47
TABLE 2 HYDROPONICS SMART GREENHOUSE MARKET, BY REGION 2017–2025 (USD MILLION) 47
TABLE 3 NON-HYDROPONICS SMART GREENHOUSE MARKET, BY REGION 2017–2025 (USD THOUSAND) 48
TABLE 4 SMART GREENHOUSE MARKET, BY COVERING MATERIAL TYPE 2017–2025 (USD MILLION) 50
TABLE 5 POLYETHYLENE SMART GREENHOUSE MARKET, BY REGION 2017–2025 (USD MILLION) 50
TABLE 6 POLYCARBONATE SMART GREENHOUSE MARKET, BY REGION 2017–2025 (USD THOUSAND) 51
TABLE 7 OTHER COVERING MATERIALS SMART GREENHOUSE MARKET, BY REGION 2017–2025 (USD THOUSAND) 51
TABLE 8 SMART GREENHOUSE MARKET, BY OFFERING, 2017–2025 (USD MILLION) 53
TABLE 9 PRECISION FARMING MARKET, BY OFFERING, 2017–2025 (USD MILLION) 53
TABLE 10 SMART GREENHOUSE HARDWARE MARKET, BY REGION 2017–2025 (USD MILLION) 54
TABLE 11 PRECISION FARMING HARDWARE MARKET, BY REGION 2017–2025 (USD MILLION) 54
TABLE 12 SMART GREENHOUSE SOFTWARE & SERVICES MARKET, BY REGION 2017–2025 (USD THOUSAND) 55
TABLE 13 PRECISION FARMING SOFTWARE MARKET, BY REGION 2017–2025 (USD MILLION) 55
TABLE 14 PRECISION FARMING SERVICES MARKET, BY REGION, 2017–2025 (USD MILLION) 55
TABLE 15 SMART GREENHOUSE MARKET, BY COMPONENT, 2017–2025 (USD MILLION) 57
TABLE 16 SMART GREENHOUSE HVAC SYSTEMS MARKET, BY REGION 2017–2025 (USD MILLION) 57
TABLE 17 SMART GREENHOUSE LED GROW LIGHTS MARKET, BY REGION 2017–2025 (USD MILLION) 58
TABLE 18 SMART GREENHOUSE CONTROL SYSTEMS & SENSORS MARKET BY REGION, 2017–2025 (USD MILLION) 59
TABLE 19 SMART GREENHOUSE MARKET, BY END USER, 2017–2025 (USD MILLION) 63
TABLE 20 SMART GREENHOUSE MARKET FOR COMMERCIAL GROWERS, BY REGION 2017–2025 (USD MILLION) 63
TABLE 21 SMART GREENHOUSE MARKET FOR RESEARCH & EDUCATIONAL INSTITUTES BY REGION, 2017–2025 (USD MILLION) 64
TABLE 22 SMART GREENHOUSE MARKET FOR RETAIL GARDENS, BY REGION 2017–2025 (USD MILLION) 64
TABLE 23 SMART GREENHOUSE MARKET FOR OTHER END USERS, BY REGION 2017–2025 (USD THOUSAND) 65
TABLE 24 SMART GREENHOUSE MARKET, BY REGION, 2017–2025 (USD MILLION) 67
TABLE 25 PRECISION FARMING MARKET, BY REGION, 2017–2025 (USD MILLION) 68
TABLE 26 PRECISION FARMING MARKET, BY AMERICAS, 2017–2025 (USD MILLION) 68
TABLE 27 SMART GREENHOUSE MARKET IN NORTH AMERICA, BY TYPE 2017–2025 (USD MILLION) 69
TABLE 28 SMART GREENHOUSE MARKET IN NORTH AMERICA, BY COVERING MATERIAL TYPE, 2017–2025 (USD MILLION) 70
TABLE 29 SMART GREENHOUSE HARDWARE MARKET IN NORTH AMERICA BY OFFERING, 2017–2025 (USD MILLION) 70
TABLE 30 SMART GREENHOUSE MARKET IN NORTH AMERICA, BY COMPONENT 2017–2025 (USD MILLION) 70
TABLE 31 SMART GREENHOUSE MARKET IN NORTH AMERICA, BY END USER 2017–2025 (USD MILLION) 70
TABLE 32 SMART GREENHOUSE MARKET IN NORTH AMERICA, BY COUNTRY 2017–2025 (USD MILLION) 71
TABLE 33 PRECISION FARMING MARKET IN NORTH AMERICA, BY COUNTRY 2017–2025 (USD MILLION) 71
TABLE 34 SMART GREENHOUSE MARKET IN EUROPE, BY TYPE, 2017–2025 (USD MILLION) 73
TABLE 35 SMART GREENHOUSE MARKET IN EUROPE, BY COVERING MATERIAL TYPE 2017–2025 (USD MILLION) 74
TABLE 36 SMART GREENHOUSE MARKET IN EUROPE, BY OFFERING 2017–2025 (USD MILLION) 74
TABLE 37 SMART GREENHOUSE MARKET IN EUROPE, BY COMPONENT 2017–2025 (USD MILLION) 74
TABLE 38 SMART GREENHOUSE MARKET IN EUROPE, BY END USER 2017–2025 (USD MILLION) 74
TABLE 39 SMART GREENHOUSE MARKET IN EUROPE, BY COUNTRY 2017–2025 (USD MILLION) 75
TABLE 40 PRECISION FARMING MARKET IN EUROPE, BY COUNTRY 2017–2025 (USD MILLION) 75
TABLE 41 SMART GREENHOUSE MARKET IN APAC, BY TYPE, 2017–2025 (USD MILLION) 78
TABLE 42 SMART GREENHOUSE MARKET IN APAC, BY COVERING MATERIAL TYPE 2017–2025 (USD MILLION) 78
TABLE 43 SMART GREENHOUSE MARKET IN APAC, BY OFFERING 2017–2025 (USD MILLION) 78
TABLE 44 SMART GREENHOUSE MARKET IN APAC, BY COMPONENT 2017–2025 (USD MILLION) 78
TABLE 45 SMART GREENHOUSE MARKET IN APAC, BY END USER 2017–2025 (USD MILLION) 79
TABLE 46 SMART GREENHOUSE MARKET IN APAC, BY COUNTRY, 2017–2025 (USD MILLION) 79
TABLE 47 PRECISION FARMING MARKET IN APAC, BY COUNTRY, 2017–2025 (USD MILLION) 79
TABLE 48 SMART GREENHOUSE MARKET IN ROW, BY TYPE, 2017–2025 (USD THOUSAND) 81
TABLE 49 SMART GREENHOUSE MARKET IN ROW, BY COVERING MATERIAL TYPE 2017–2025 (USD THOUSAND) 81
TABLE 50 SMART GREENHOUSE MARKET IN ROW, BY OFFERING 2017–2025 (USD MILLION) 81
TABLE 51 SMART GREENHOUSE MARKET IN ROW, BY COMPONENT 2017–2025 (USD THOUSAND) 82
TABLE 52 SMART GREENHOUSE MARKET IN ROW, BY END USER 2017–2025 (USD THOUSAND) 82
TABLE 53 SMART GREENHOUSE MARKET IN ROW, BY REGION, 2017–2025 (USD MILLION) 82
TABLE 54 PRECISION FARMING MARKET IN ROW, BY REGION, 2017–2025 (USD MILLION) 82
TABLE 55 PRECISION FARMING MARKET IN SOUTH AMERICA, BY COUNTRY 2017–2025 (USD MILLION) 83
TABLE 56 PRODUCT LAUNCHES/DEVELOPMENTS, 2017–2019 86
TABLE 57 AGREEMENTS, 2017–2019 86
TABLE 58 CONTRACTS, 2017–2019 87
TABLE 59 EXPANSIONS, 2017–2019 87
TABLE 60 PARTNERSHIPS, 2017–2019 87