Enjoy complimentary customisation on priority with our Enterprise License!
The smart greenhouse market size is forecast to increase by USD 1.7 billion at a CAGR of 11.54% between 2023 and 2028. Market expansion hinges on multiple factors, including the increased demand for fresh food driven by changing consumer preferences and dietary habits. Compared to traditional methods, the higher yield offered by modern agricultural practices attracts both farmers and investors, driving further adoption of these technologies. Additionally, rapid urbanization and the limited availability of arable land intensify the need for innovative greenhouse farming techniques such as vertical farming and hydroponics. These methods enable efficient use of space and resources, contributing to sustainable agriculture amidst urban expansion. The convergence of these factors underscores the importance of technological advancements in agriculture to meet the growing food demand sustainably, ensuring food security and environmental stewardship.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Component
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.