Lucintel Forecasts the Global Smart Greenhouse Market to Reach $2.5 billion by 2030
Lucintel Forecasts the Global Smart Greenhouse Market to Reach $2.5 billion by 2030
Blog Article
According to a market report by Lucintel, the future of the global smart greenhouse market looks promising with opportunities in the commercial grower, research & educational institute, and retail garden sectors. The global smart greenhouse market is expected to reach an estimated $2.5 billion by 2030 from $1.5 billion in 2024, at a CAGR of 9.0% from 2024 to 2030. The major drivers for this market are increasing demand for food in worldwide, rising preference for rooftop farming, and growing adoption of IoT and AI based technology in agricultural methods.
A more than 150-page report to understand trends, opportunity and forecast in smart greenhouse market to 2030 by type (hydroponics and non-hydroponics), covering material type (polyethylene, polycarbonate, and others), component (HVAC systems, LED grow lights, and control systems & sensors), end use (commercial growers, research & educational institutes, retail gardens, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, hydroponic will remain the largest segment over the forecast period due to its ability to produce wholesome foods with less storage space needed.
Within the end use category, research & educational institute will remain the largest segment due to growing adoption of smart greenhouses in this sector to conduct research on a variety of plants, flowers, fruits, and vegetables.
Download sample by clicking on smart greenhouse market
In terms of regions, APAC is expected to witness the highest growth over the forecast period due to continual growth of population and existence of key smart greenhouse vendor in the region.
KIOSK Information Systems, Olea Kiosks, Frank Mayer and Associates, Source Technologies, NCR, Diebold Nixdorf, Embross, Meridian Kiosks, REDYREF Interactive Kiosks, Lilitab are the major suppliers in the smart greenhouse market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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