Smart Greenhouses, 2018: The Global Market (2017-2023) is Projected to Grow at a CAGR of 15.36% - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Smart Greenhouse Market - Forecasts from 2018 to 2023" report has been added to ResearchAndMarkets.com's offering.

The smart greenhouse market will grow at a CAGR of 15.36% over the forecast period of 2017-2023.

The demand for smart greenhouses is increasing on account of improvement in overall productivity and the trend towards indoor farming.

In addition, favorable government policies aimed at integrating IoT with the agriculture industry will further boost the demand for these greenhouses.

However high initial cost for setting up a smart greenhouse will restrict the growing demand for smart greenhouses.

The North American and European region held a significant share in the market owing to the early adoption of technology and increasing research and development expenditure by vendors so as to develop cost-effective solutions.

The Asia Pacific market is expected to witness substantial growth in the coming years due to increasing population and favorable government policies.

Major industry players profiled as part of the report are Heliospectra AB, Postscapes, Lumiglow Limited, Certhon, Hort Americas, and Sensaphone, among others.

Segmentation

By Product

• LED Grow Lights
• Breeding Acceleration by Computer Control
• Automated Pumps, Valves and Fittings
• Sensors and Cameras
• Heating, Ventilating and Air Cooling (HVAC) System
• Others

By Component

• Hardware
• Software
• Services

By Geography

• North America
• South America
• Europe
• Middle East and Africa
• Asia Pacific

Key Topics Covered

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market Dynamics

5. Smart Greenhouse Market By Product

6. Smart Greenhouse Market By Component

7. Smart Greenhouse Market By Geography

8. Competitive Intelligence

9. Company Profiles

• Heliospectra AB
• Postscapes
• Lumiglow Limited
• Certhon
• Hort Americas
• Sensaphone
• Cultivar Ltd.
• Desert Growing
• Kubo
• Agrowtek Inc.

For more information about this report visit https://www.researchandmarkets.com/research/xzhkkg/smart?w=4