Smart Greenhouse

Global Smart Greenhouse Market to Reach US$3.9 Billion by 2030

The global market for Smart Greenhouse estimated at US$2.2 Billion in the year 2024, is expected to reach US$3.9 Billion by 2030, growing at a CAGR of 9.5% over the analysis period 2024-2030. Hydroponics, one of the segments analyzed in the report, is expected to record a 10.0% CAGR and reach US$3.1 Billion by the end of the analysis period. Growth in the Non-Hydroponics segment is estimated at 7.4% CAGR over the analysis period.

The U.S. Market is Estimated at US$488.7 Million While China is Forecast to Grow at 10.3% CAGR

The Smart Greenhouse market in the U.S. is estimated at US$488.7 Million in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$363.0 Million by the year 2030 trailing a CAGR of 10.3% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 8.7% and 9.3% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 9.1% CAGR.

Global Smart Greenhouse Market - Key Trends & Drivers Summarized

Smart greenhouses represent the future of agriculture, utilizing advanced technologies to optimize growing conditions and enhance crop yields. These greenhouses are equipped with sensors, automated control systems, and data analytics tools to monitor and regulate environmental factors such as temperature, humidity, light, and soil moisture. By integrating Internet of Things (IoT) devices, smart greenhouses can collect real-time data and make precise adjustments to maintain optimal growing conditions. This technology-driven approach not only improves productivity but also reduces resource consumption, making agriculture more sustainable. Smart greenhouses are particularly beneficial for high-value crops and regions with challenging climates, where traditional farming methods may be less effective.

The market for smart greenhouses is expanding rapidly due to the increasing need for efficient and sustainable agricultural practices. The global population growth and the corresponding demand for food are driving the adoption of advanced farming technologies that can maximize output and minimize environmental impact. Innovations in sensor technology, automation, and artificial intelligence are enhancing the functionality and affordability of smart greenhouses. Additionally, government initiatives and subsidies aimed at promoting sustainable agriculture are supporting the growth of this market. Farmers and agricultural businesses are increasingly recognizing the benefits of smart greenhouses, such as higher crop yields, better quality produce, and reduced labor costs.

The growth in the smart greenhouse market is driven by several factors. Firstly, the rising global demand for food and the need for efficient agricultural practices are propelling the adoption of smart greenhouse technologies. Secondly, advancements in IoT, sensor technology, and automation are making smart greenhouses more effective and accessible. Thirdly, the growing emphasis on sustainable farming practices and resource conservation is encouraging the use of smart greenhouses to reduce water and energy consumption. Lastly, government incentives and support for modernizing agriculture are facilitating the implementation of smart greenhouse solutions. These factors collectively contribute to the rapid expansion and innovation in the smart greenhouse market.

SCOPE OF STUDY:

The report analyzes the Smart Greenhouse market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Component (Hardware, Software & Services); Type (Hydroponics, Non-Hydroponics); End-Use (Research & Educational Institutes, Commercial Growers, Retail Gardens, Other End-Uses)

Geographic Regions/Countries:
World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Rest of Europe; Asia-Pacific; Rest of World.

Select Competitors (Total 206 Featured) -

• Agrify Corporation
• Aerofarms LLC
• Agra Tech, Inc.
• Agri Plast Tech India Pvt., Ltd.
• Agrilution GmbH
• American Hydroponics
• 4D Bios Inc.
• AEssense Grows
• Agrinamics Corporation
• Alesca Life Technologies Limited
• Babylon Micro-Farms Inc.
• AFFINOR Growers
• Angel Energy LLC
• Agritecture
• Agrowtek

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

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