Global Smart Greenhouse Market Value To Reach $3.05 billion by 2027: Stratistics MRC
Stratistics MRC report, Smart Greenhouse Market Forecasts to 2027 – Global Analysis Application, Key Players, Types, End User and By Geography
MARYLAND, GAITHERSBURG, UNITED STATES, November 1, 2021 /EINPresswire.com/ — The Global Smart Greenhouse Market is accounted for $1.31 billion in 2019 and is expected to reach $3.05 billion by 2027 growing at a CAGR of 11.2% during the forecast period. Some of the factors such as the rising number of government initiatives to promote the adoption of smart agricultural practices and growing demand for food owing to continuously increasing global population are propelling the market growth. However, high investment costs owing to the deployment of expensive systems in smart greenhouses are hampering the market growth.
Based on the type, the hydroponics segment is estimated to have a lucrative growth due to the hydroponics-based smart greenhouses allow soilless agricultural practices to decrease the consumption of resources, thus allowing this farming procedure to be adopted by a huge number of stakeholders, ranging from home gardeners to expert growers and supermarkets to restaurants. Smart greenhouses based on hydroponics use sand, pebbles, or sawdust as substrates as they have a high water-holding capacity. The roots grow within these substrates to secure plants in troughs or containers.
Some of the key players profiled in the Smart Greenhouse Market include Cultivar, Certhon, Argus Controls, Lumigrow, Inc., Heliospectra AB, Hort Americas, Rough Brothers, Netafim, Greentech Agro LLC, Sensaphone, Logiqs, Nexus Corporation, International Greenhouse Company, Kubo, and Agrowtek Inc.
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Smart Greenhouse market report provides an in-depth study and forecast about the industry covering the complete overview of the market that will assist convey clients and business-making strategies. The industry’s supply chain and market size, in terms of value, have been derived by extensive research methods. Our report enables readers to understand details of the market, latest trends, key drivers and constraints, opportunities, threats, volume and value forecasts, and various investment opportunities for manufacturers operating in the global and regional markets. Smart Greenhouse report also offers company profiling with detailed strategies, financials, key products, and recent developments along with SWOT analysis of profiled players and Porters five forces for deep insights.
This report offers market monitoring related to a particular area of clients interest and provides up to date information related to strategic initiatives like mergers, acquisitions, partnerships, expansions, product launches for leading companies on a regional scale depending on the clients subscription period for various industries or markets. Our data is constantly updated and revised by team of research experts so that it always reflects the recent trends and information. We have high experience in research and consulting for different business domains to provide to the necessities of both individual and corporate clients. Our experienced team uses proprietary data sources and different tools and methods to gather and analyze information.
What our report offers:
– Market share assessments for the regional and country-level segments
– Strategic recommendations for the new entrants
– Covers Market data for the years 2018, 2019 2020, 2024, and 2027
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements
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