Industry Background:
With the development of technology, the old farming approaches cannot meet the needs of social development. Intelligent Greenhouse agriculture has become a foremost trend in the development of high-tech agriculture. It needs to control the environmental factors to obtain the optimum growth conditions for the crop. Thus it can extend the production period to get the optimum yield. Currently, artificial management is the major technique to detect and control the environment factors, wastes lots of manpower and relatively large of monitoring error, affecting the growth of crops. Providing suitable environment for the growth of yields, the system is based on the wireless sensor detection technology and embedded technology to achieve the intelligent control of greenhouse environment.This growth is primarily driven by Rising Inclination Towards Indoor Farming Due to Changing Consumer Preferences
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Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Volume Unit | N |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Agricultural Products sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Heliospectra (Sweden), LumiGrow (United States), Rough Brothers (United States), Nexus Corporation (United States), Argus Control Systems (Canada), Certhon (Netherlands), Logiqs (Netherlands), Netafim (Israel), International Greenhouse Company (United States) and AgrowTec (Netherlands), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
On November 25, 2018, LumiGrow Inc., a smart horticultural lighting company, launched their newest wirelessly controllable LED lighting system for commercial greenhouse and indoor crop productionIntelligent Greenhouse market companies operating in these industries are focusing more on efficient growth, improvement of operational efficiency and productivity, achieving high safety standards, and focusing on maintaining sustainable development. The market is highly competitive with a few players occupying the major share. The key players are highly focused on developing and innovating new strategies to maintain their market position and customer base. The companies are coming up with partnerships or agreements along with planning strategic activities such as partnerships, product launches, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Influencing Trend:
Increasing Trend of Rooftop Farming
Market Growth Drivers:
Rising Inclination Towards Indoor Farming Due to Changing Consumer Preferences, High Demand for Food Due to Extremely Growing Population and Favorable Government Regulations
Challenges:
Lack of Infrastructure in Emerging Economies
Restraints:
High Cost of Intelligent Greenhouses
Opportunities:
Evolving Vertical Farming Technology
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Intelligent Greenhouse Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Intelligent Greenhouse Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Intelligent Greenhouse players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Intelligent Greenhouse Study Sheds Light on
The Intelligent Greenhouse Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Intelligent Greenhouse industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Intelligent Greenhouse industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.