The Environment Controllers Market For Agricultural Greenhouse Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Environment Controllers Market For Agricultural Greenhouse Global Market Report 2024, The environment controllers market for agricultural greenhouse market size has grown strongly in recent years. It will grow from $5 billion in 2023 to $5.4 billion in 2024 at a compound annual growth rate (CAGR) of 8.0%. The growth in the historic period can be attributed to increased demand for controlled environment agriculture (cea), rise in population and food security concerns, optimization of crop yield and quality, resource efficiency and sustainability, government support and incentives.
The environment controllers market for agricultural greenhouse market size is expected to see strong growth in the next few years. It will grow to $7.5 billion in 2028 at a compound annual growth rate (CAGR) of 8.6%. The growth in the forecast period can be attributed to climate change adaptation strategies, precision agriculture and smart farming, increasing focus on indoor farming, global trend towards sustainable agriculture, market-driven innovation and customization.. Major trends in the forecast period include implementation of climate control strategies, water management and irrigation automation, integration of sustainable practices, focus on user-friendly interfaces, remote monitoring and control through mobile devices.
Increasing investment in vertical farming is expected to propel the growth of the environment controllers’ market for the agricultural greenhouse market going forward. Vertical farming is a method of growing crops in vertically stacked layers or shelves, using artificial lighting and controlled environmental conditions, and nutrient supply by utilizing vertical space. Environment controller systems aid in the creation of ideal growing conditions for plants in vertical farming, where temperature, carbon dioxide, oxygen, lighting, humidity, nutrient content, pH, insect control, watering, and harvesting are all factors to consider to increase the yield. For instance, in March 2023, the report published by Al-Monitor, LLC, a US-based newsroom, the Saudi Public Investment Fund unveiled a new vertical farming project in Saudi Arabia and abroad in the Middle East and North Africa in conjunction with Aero Farms, a US-based sustainable indoor agricultural company due to increasing population and decreasing arable land, it established a crop production target of 1.1 million kilograms (2.4 pounds) per year. Therefore, the increasing investment in vertical farming is driving the growth of the environment controllers market for the agricultural greenhouse market.
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The environment controllers market for agricultural greenhouse market covered in this report is segmented –
1) By Farming Type: Hydroponics, Greenhouse, Indoor Gardening, Urban Agriculture, Cannabis Home Growers, Other Farming Types
2) By Application: Indoor, Outdoor
3) By End-User: Small Scale, Medium Scale, Large Scale
Technological advancements are a key trend gaining popularity in the environment controllers market for the agricultural greenhouse market. Companies operating in the environment controllers’ market for agricultural greenhouse market are adopting new technologies to sustain their position in the market. For instance, in November 2022, Certhon B.V., a Netherlands-based greenhouse construction and technology solutions company launched SupriSun, distinctive screens and dimmable LED illumination to manage the amount of light for indoor farming. SupriSun has one-of-a-kind screens and customizable LED illumination with climate systems and dehumidification to manage the amount of light with uniformity and controllability of the light to provide an energy-efficient alternative for indoor gardening. Additionally, the growth environment can be precisely managed, the plant’s needs can be addressed, and the greenhouse can continue to benefit from the sun’s heat and light.
The environment controllers market for agricultural greenhouse market report table of contents includes:
1. Executive Summary
2. Environment Controllers Market For Agricultural Greenhouse Market Characteristics
3. Environment Controllers Market For Agricultural Greenhouse Market Trends And Strategies
4. Environment Controllers Market For Agricultural Greenhouse Market – Macro Economic Scenario
5. Global Environment Controllers Market For Agricultural Greenhouse Market Size and Growth
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26. South America Environment Controllers Market For Agricultural Greenhouse Marketon
27. Brazil Environment Controllers Market For Agricultural Greenhouse Market
28. Middle East Environment Controllers Market For Agricultural Greenhouse Market
29. Africa Environment Controllers Market For Agricultural Greenhouse Market
30. Environment Controllers Market For Agricultural Greenhouse Market Competitive Landscape And Company Profiles
Top Major Players:
- Smart Bee Technologies LLC
- TrolMaster Agro Instruments Co. Ltd
- Grow-Link Inc
- Trotec GmbH
- Argus Control Systems
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