Smart Greenhouse Global Strategic Industry Report 2023-2030: AgTech Emerges as New Buzzword in Agricultural, Growing Adoption of IoT Presents Vast Opportunities

Dublin, Dec. 11, 2023 (GLOBE NEWSWIRE) -- The "Smart Greenhouse - Global Strategic Business Report" report has been added to's offering.

Global Smart Greenhouse Market to Reach $3.6 Billion by 2030

The global market for Smart Greenhouse estimated at US$1.7 Billion in the year 2022, is projected to reach a revised size of US$3.6 Billion by 2030, growing at a CAGR of 9.5% over the analysis period 2022-2030. Hardware, one of the segments analyzed in the report, is projected to record 9% CAGR and reach US$2.9 Billion by the end of the analysis period. Growth in the Software & Services segment is estimated at 12% CAGR for the next 8-year period.

The U.S. Market is Estimated at $403.6 Million, While China is Forecast to Grow at 11% CAGR

The Smart Greenhouse market in the U.S. is estimated at US$403.6 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$363 Million by the year 2030 trailing a CAGR of 11% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.4% and 9.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 9.3% CAGR.

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

Key Attributes:

Report AttributeDetails
No. of Pages545
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$1.7 Billion
Forecasted Market Value (USD) by 2030$3.6 Billion
Compound Annual Growth Rate9.8%
Regions CoveredGlobal


  • AgTech Emerges as New Buzzword in Agricultural Industry
  • Myriad Benefits of Smart Greenhouses to Propel Market Gains
  • Growing Adoption of IoT Presents Vast Opportunities for the Smart Greenhouse Market
  • Growing Adoption of IoT in Agriculture Presents Growth Opportunities for Smart Greenhouse Market: Global Agricultural IoT Market (In US$ Billion) for the Years 2020, 2023 & 2026
  • Developments in Artificial Intelligence (AI) Encourage Growth in Greenhouse Industry
  • Artificial Intelligence (AI) in Agriculture Worldwide (In US$ Million) for the Years 2020, 2023 and 2026
  • Surging Demand for Food from World's Expanding Population Spurs Adoption of Advanced Farming Techniques, Driving Market Growth
  • World Population (in Thousands) by Geographic Region for the Years 2019, 2030, 2050 and 2100
  • Food Demand Growth Worldwide: Demand Growth in Million Tonnes for Select Foods for the Period 2008-2017 and 2018-2027
  • Climate Change Compounds Food Security Concerns
  • Market Poised to Benefit from the Rising Consumption of Organic Foods & Resultant Rise in Organic Farmland
  • Global Organic Foods and Beverages Market (in US$ Billion) by Geographic Region for 2020 and 2027
  • Vertical Farming Technology's Growing Popularity to Fuel Smart Greenhouse Market Growth
  • Global Vertical Farming Market Size (in US$ Million) by Geographic Region for 2020 and 2027
  • Vertical Farming Draws Particular Appeal amid COVID-19 Pandemic
  • Rising Adoption of Indoor/Rooftop Farming in Urban Locations: Potential for Smart Greenhouses
  • Global Availability of Arable Land in Hectares Per Person for the Years 1990, 2000, 2018 and 2020
  • Arable Land Worldwide as a % of Total Land Area for the Years 1990, 2000, 2018 and 2020
  • Smart Greenhouses Support the Transition towards Precision Farming
  • HVAC and LED: Prominent Smart Greenhouse Technologies
  • LED Grows Emerge as the Preferred Medium of Lighting in Smart Greenhouses
  • High-Tech Greenhouses to be the Future of Agriculture
  • Automated Greenhouse: The Ultimate Objective
  • Students Develop a New Intelligent Greenhouse
  • Challenges Facing Smart Greenhouse Market


  • Impact of COVID-19 Pandemic and Looming Global Recession
  • Year 2021 in Review and Near-term Outlook
  • Prolonged Pandemic, Ukraine-Russia Conflict and Ensuing Economic Disruptions Impact Growth Outlook
  • World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2021, 2022 and 2023
  • The Pandemic Impacts Agricultural Industry Supply Chain
  • COVID-19 Related Issues Impacting Agriculture Industry
  • Agriculture Industry Accelerates Adoption of Advanced Technologies amid the Pandemic
  • Small Farms Confront Considerable Challenges
  • COVID-19 Pandemic Impact on the Smart Greenhouses Market
  • Smart Agriculture Transforming Traditional Farming
  • An Introduction to Smart Greenhouse
  • Technologies Used in Smart Greenhouses
  • Hydroponic and Non-Hydroponic Greenhouses
  • Benefits of Smart Greenhouse System
  • Global Market Prospects & Outlook
  • Hydroponics Leads the Smart Greenhouses Market
  • Europe: The Leading Regional Market
  • Competition
  • Smart Greenhouse - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • World Brands
  • Recent Market Activity

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