Smart Greenhouse Market Expected to Reach USD 3.86 Billion by 2032 | Growing at a CAGR of 10.3%

Market Research Future (MRFR) has published a cooked research report on the “Global Smart Greenhouse Market” that contains information from 2018 to 2032. The Smart Greenhouse market is estimated to register a CAGR of 10.3% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the global Smart Greenhouse market— Heliospectra AB, Rough Brothers Inc. (Gibraltar Industries INC.), Lumigrow Inc., Certhon, GreenTech Agro LLC, Argus Control System Ltd, Logigs, Greenhouse Megastore (BFG Supply), Netafim, Desert Growing, Sensaphone, and CarbonBook (Motorleaf)

Smart Greenhouse Market Highlights

The global Smart Greenhouse market is expected to register a CAGR of 10.3% during the forecast period and is estimated to reach USD 3.86 billion by 2032.

The pressing requirement for effective and ecological farming methods mainly propels the market for smart greenhouses. There is a growing need for creative solutions that increase crop output while preserving resources as the world's population grows and environmental concerns develop. A potential solution to these issues is provided by smart greenhouses, which feature sophisticated automation, accurate environmental control, and data-driven management. The use of smart greenhouse technology in the commercial and emerging agricultural sectors is further driven by the goal of year-round crop production, climate-resilient farming, and decreased carbon footprints.

Segment Analysis

The global Smart Greenhouse market has been segmented based on type, covering material type, offering, component, and end user.

Based on type, the market is segmented into hydroponics and non-hydroponics. The hydroponics products segment was attributed to holding the largest market share in 2022. Using a nutrient-rich water solution to nourish plants instead of soil saves water and reduces the risk of soil-borne infections. The precise control that smart greenhouses provide over environmental conditions and fertilizer supply significantly improves crop growth and quality.

Based on covering material type, the global Smart Greenhouse market has been segmented into polycarbonate and others. The polycarbonate segment was expected to hold the largest market share in 2022. Polycarbonate's exceptional properties, such as its high durability, light diffusion, and insulation, are driving this market's rise. It offers a strong and durable replacement for glass, which is frequently used for greenhouse glazing. Because of its ability to evenly distribute sunlight, it is a preferred material for greenhouse construction since it reduces the risk of crop damage from intense heat or UV radiation.

Based on the offering, the global Smart Greenhouse market has been segmented into Hardware Software & Services. The hardware segment was expected to hold the largest market share in 2022. The main cause of this dominance is the essential part that physical components play in the creation and maintenance of intelligent greenhouse systems. Hardware includes things like sensors, actuators, control systems, and other essential gadgets.

Based on components, the global Smart Greenhouse market has been segmented into HVAC Systems, LED Grow Lights, and Control Systems and sensors. The HVAC systems segment was expected to hold the largest market share in 2022. The primary cause of this dominance is the crucial role HVAC plays in regulating the inside temperature of greenhouses. HVAC systems maintain optimal humidity and temperature levels to enable year-round growing.

Based on the end user, the global Smart Greenhouse market has been segmented into commercial growers, research & educational institutes, retail gardens, and others. The commercial growers segment was expected to hold the largest market share in 2022. This dominance stems from the tremendous requirement in commercial agriculture for increased crop production efficiency and consistent quality. Smart greenhouse systems offer increased agricultural yields, economical operations, and effective resource management.

Regional Analysis

The global Smart Greenhouse market, based on region, has been divided into North America, Europe, Asia-Pacific, and the Rest of the World. North America consists of the US and Canada. The Europe Smart Greenhouse market comprises Germany, France, the UK, Italy, Spain, and the rest of Europe. The Smart Greenhouse market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World's Smart Greenhouse market comprises the Middle East, Africa, and Latin America.

The smart greenhouse market in North America is distinguished by its strong technology base and focus on sustainable agriculture. The necessity for year-round crop production, climate-resilient farming, and an increasing emphasis on resource efficiency are driving the development of smart greenhouse technology in the US and Canada. Smart greenhouse system deployment is further encouraged by government incentives and supportive regulations. The presence of several well-established industry players and research institutions in the region facilitates technological improvements.

Because of its stringent environmental laws and dedication to sustainable agriculture, Europe has a significant market share in the smart greenhouse industry. Leaders in the adoption of greenhouse technology include nations like Spain and the Netherlands, which prioritize producing large food yields while lowering carbon footprints. The region is becoming a major player in the worldwide market thanks to its investments in cutting-edge automation, energy-efficient solutions, and contemporary farming methods.

The market for smart greenhouses is expanding quickly in the Asia-Pacific area, mostly because of the rising demand for food brought on by the growing population. Smart greenhouse technology is being adopted by nations like China and India in order to improve crop productivity and guarantee food security. Government initiatives, investments in agriculture technology, and a trend towards sustainable farming techniques are driving the adoption of smart greenhouses in the region.

Regions including the Middle East, Africa, and Latin America are included in the category "Rest of the World." The adoption of smart greenhouses is increasing in these regions as a result of the need for food production and sustainable agriculture in harsh climates. In these areas, consistent crop quality and yield are becoming increasingly dependent on smart greenhouse technology as the emphasis on environmentally friendly and resource-efficient farming practices grows.

Key Findings of the Study

• The global Smart Greenhouse market is expected to reach USD 3.86 billion by 2032, at a CAGR of 10.3% during the forecast period.


• The North American region accounted for the largest region global market due to urbanization, population growth, and rising disposable incomes of the local populace.


• The HVAC systems segment was expected to hold the largest market share in 2022.


• Heliospectra AB, Rough Brothers Inc. (Gibraltar Industries INC.), Lumigrow Inc., Certhon, GreenTech Agro LLC, Argus Control System Ltd, Logigs, Greenhouse Megastore (BFG Supply), Netafim, Desert Growing, Sensaphone, and CarbonBook (Motorleaf)

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