ASIA PACIFIC SMART GREENHOUSE MARKET FORECAST 2021-2028
The Asia Pacific smart greenhouse market is projected to record a CAGR of 9.71% during the forecast period, 2021-2028. The increasing urbanization, government initiatives to increase smart greenhouse projects, and the rising demographics, are estimated to propel the market growth. Singapore, Japan, Australia & New Zealand, South Korea, China, India, and Rest of Asia Pacific, are evaluated for the Asia Pacific smart greenhouse market growth analysis.
ASIA PACIFIC SMART GREENHOUSE MARKET FORECAST 2021-2028
Asia Pacific Smart Greenhouse Market by Type (Hydroponic, Non-hydroponic) by Product (Commercial Growers, Research & Educational Institutes, Retail Gardens, Others) by Component (Hvac Systems, Led Grow Lights, Irrigation Systems, Valves & Pumps, Sensor & Control Systems, Others) and by Geography
The Asia Pacific smart greenhouse market is projected to record a CAGR of 9.71% during the forecast period, 2021-2028. The increasing urbanization, government initiatives to increase smart greenhouse projects, and the rising demographics, are estimated to propel the market growth.
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Singapore, Japan, Australia & New Zealand, South Korea, China, India, and Rest of Asia Pacific, are evaluated for the Asia Pacific smart greenhouse market growth analysis. China aims to be a world leader in industrial-scale applications of vertical farming systems. The population is on the rise, and the agricultural land of the country is diminishing due to poor land management and natural disasters. At the same time, there is a rising demand for fresh, clean, and pesticide-free food. Almost 60% of farmers are over 50, and the young population is not keen on farming. Such factors make partly-automated indoor farming a vital practice for the future.
In South Korea, extreme weather conditions make conventional farming difficult in terms of climate control, pest control, and irrigation costs. The agricultural products of Korea are twice as expensive as the world average as per an OECD report. Also, agriculture is underdeveloped in comparison to other industries. Agro logistics makes retail prices higher, resulting in low incomes for farmers. Such factors have led to increased vertical farming in the country.
Greentech India is a certified manufacturer, trader, importer, and exporter of a vast range of Green House Systems. The company owns fogging systems, ripening chambers, etc., needed to develop an optimal greenhouse system. The greenhouse systems of the company entail conventional structure and advanced technicalities. It is headquartered in Pune, India.
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- RESEARCH SCOPE & METHODOLOGY
- STUDY OBJECTIVES
- SCOPE OF STUDY
- METHODOLOGY
- ASSUMPTIONS & LIMITATIONS
- EXECUTIVE SUMMARY
- MARKET SIZE & ESTIMATES
- MARKET OVERVIEW
- MARKET DYNAMICS
- KEY DRIVERS
- GROWING DEMAND FOR ORGANIC FOOD
- SURGING ADOPTION OF AI AND IOT BY AGRICULTURISTS
- EASY MONITORING AND HARVESTING OF CROPS
- KEY RESTRAINTS
- HIGH INVESTMENT COSTS
- LACK OF GOVERNMENT REGULATIONS
- LACK OF TECHNICAL PROFESSIONALS
- KEY DRIVERS
- KEY ANALYTICS
- IMPACT OF COVID-19 ON SMART GREENHOUSE MARKET
- KEY INVESTMENT INSIGHTS
- PORTER’S FIVE FORCE ANALYSIS
- BUYER POWER
- SUPPLIER POWER
- SUBSTITUTION
- NEW ENTRANTS
- INDUSTRY RIVALRY
- OPPORTUNITY MATRIX
- VENDOR LANDSCAPE
- MARKET BY TYPE
- HYDROPONIC
- NON-HYDROPONIC
- MARKET BY PRODUCT
- COMMERCIAL GROWERS
- RESEARCH & EDUCATIONAL INSTITUTES
- RETAIL GARDENS
- OTHERS
- MARKET BY COMPONENT
- HVAC SYSTEMS
- LED GROW LIGHTS
- IRRIGATION SYSTEMS
- VALVES & PUMPS
- SENSOR & CONTROL SYSTEMS
- OTHERS
- GEOGRAPHICAL ANALYSIS
- ASIA PACIFIC
- KEY GROWTH ENABLERS
- KEY CHALLENGES
- KEY PLAYERS
- COUNTRY ANALYSIS
- CHINA
- JAPAN
- INDIA
- SOUTH KOREA
- SINGAPORE
- AUSTRALIA & NEW ZEALAND
- REST OF ASIA PACIFIC
- ASIA PACIFIC
- COMPETITIVE LANDSCAPE
- KEY STRATEGIC DEVELOPMENTS
- MERGER & ACQUISITIONS
- PRODUCT LAUNCH & DEVELOPMENTS
- PARTNERSHIP, CONTRACT/AGREEMENT & COLLABORATION
- BUSINESS EXPANSION
- COMPANY PROFILES
- ARGUS CONTROL SYSTEMS LIMITED
- CERTHON
- CULTIVAR LTD
- GREENTECH AGRO LLC
- HELIOSPECTRA AB
- HORT AMERICAS
- LUMIGROW
- NETAFIM
- ROUGH BROTHERS INC
- SENSAPHONE
- NEXUS
- GREENTECH INDIA
- PROSPERA TECHNOLOGIES
- DELTA T SOLUTIONS
- PURE HARVEST
- KEY STRATEGIC DEVELOPMENTS
LIST OF TABLES
TABLE 1: MARKET SNAPSHOT – SMART GREENHOUSE
TABLE 2: ASIA PACIFIC SMART GREENHOUSE MARKET, BY TYPE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 3: ASIA PACIFIC SMART GREENHOUSE MARKET, BY TYPE, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 4: ASIA PACIFIC SMART GREENHOUSE MARKET, BY PRODUCT, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 5: ASIA PACIFIC SMART GREENHOUSE MARKET, BY PRODUCT, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 6: ASIA PACIFIC SMART GREENHOUSE MARKET, BY COMPONENT, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 7: ASIA PACIFIC SMART GREENHOUSE MARKET, BY COMPONENT, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 8: ASIA PACIFIC SMART GREENHOUSE MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 9: ASIA PACIFIC SMART GREENHOUSE MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 10: LEADING PLAYERS OPERATING IN ASIA PACIFIC SMART GREENHOUSE MARKET
LIST OF FIGURES
FIGURE 1: KEY INVESTMENT INSIGHTS
FIGURE 2: PORTER’S FIVE FORCE ANALYSIS
FIGURE 3: OPPORTUNITY MATRIX
FIGURE 4: VENDOR LANDSCAPE
FIGURE 5: ASIA PACIFIC SMART GREENHOUSE MARKET, GROWTH POTENTIAL, BY TYPE, IN 2020
FIGURE 6: ASIA PACIFIC SMART GREENHOUSE MARKET, BY HYDROPONIC, 2021-2028 (IN $ MILLION)
FIGURE 7: ASIA PACIFIC SMART GREENHOUSE MARKET, BY NON-HYDROPONIC, 2021-2028 (IN $ MILLION)
FIGURE 8: ASIA PACIFIC SMART GREENHOUSE MARKET, GROWTH POTENTIAL, BY PRODUCT, IN 2020
FIGURE 9: ASIA PACIFIC SMART GREENHOUSE MARKET, BY COMMERCIAL GROWERS, 2021-2028 (IN $ MILLION)
FIGURE 10: ASIA PACIFIC SMART GREENHOUSE MARKET, BY RESEARCH & EDUCATIONAL INSTITUTES, 2021-2028 (IN $ MILLION)
FIGURE 11: ASIA PACIFIC SMART GREENHOUSE MARKET, BY RETAIL GARDENS, 2021-2028 (IN $ MILLION)
FIGURE 12: ASIA PACIFIC SMART GREENHOUSE MARKET, BY OTHERS, 2021-2028 (IN $ MILLION)
FIGURE 13: ASIA PACIFIC SMART GREENHOUSE MARKET, GROWTH POTENTIAL, BY COMPONENT, IN 2020
FIGURE 14: ASIA PACIFIC SMART GREENHOUSE MARKET, BY HVAC SYSTEMS, 2021-2028 (IN $ MILLION)
FIGURE 15: ASIA PACIFIC SMART GREENHOUSE MARKET, BY LED GROW LIGHTS, 2021-2028 (IN $ MILLION)
FIGURE 16: ASIA PACIFIC SMART GREENHOUSE MARKET, BY IRRIGATION SYSTEMS, 2021-2028 (IN $ MILLION)
FIGURE 17: ASIA PACIFIC SMART GREENHOUSE MARKET, BY VALVES & PUMPS, 2021-2028 (IN $ MILLION)
FIGURE 18: ASIA PACIFIC SMART GREENHOUSE MARKET, BY SENSOR & CONTROL SYSTEMS, 2021-2028 (IN $ MILLION)
FIGURE 19: ASIA PACIFIC SMART GREENHOUSE MARKET, BY OTHERS, 2021-2028 (IN $ MILLION)
FIGURE 20: ASIA PACIFIC SMART GREENHOUSE MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)
FIGURE 21: CHINA SMART GREENHOUSE MARKET, 2021-2028 (IN $ MILLION)
FIGURE 22: JAPAN SMART GREENHOUSE MARKET, 2021-2028 (IN $ MILLION)
FIGURE 23: INDIA SMART GREENHOUSE MARKET, 2021-2028 (IN $ MILLION)
FIGURE 24: SOUTH KOREA SMART GREENHOUSE MARKET, 2021-2028 (IN $ MILLION)
FIGURE 25: SINGAPORE SMART GREENHOUSE MARKET, 2021-2028 (IN $ MILLION)
FIGURE 26: AUSTRALIA & NEW ZEALAND SMART GREENHOUSE MARKET, 2021-2028 (IN $ MILLION)
FIGURE 27: REST OF ASIA PACIFIC SMART GREENHOUSE MARKET, 2021-2028 (IN $ MILLION)
- GEOGRAPHICAL ANALYSIS
- ASIA PACIFIC
- KEY GROWTH ENABLERS
- KEY CHALLENGES
- KEY PLAYERS
- COUNTRY ANALYSIS
- CHINA
- JAPAN
- INDIA
- SOUTH KOREA
- SINGAPORE
- AUSTRALIA & NEW ZEALAND
- REST OF ASIA PACIFIC
- ASIA PACIFIC
- MARKET BY TYPE
- HYDROPONIC
- NON-HYDROPONIC
- MARKET BY PRODUCT
- COMMERCIAL GROWERS
- RESEARCH & EDUCATIONAL INSTITUTES
- RETAIL GARDENS
- OTHERS
- MARKET BY COMPONENT
- HVAC SYSTEMS
- LED GROW LIGHTS
- IRRIGATION SYSTEMS
- VALVES & PUMPS
- SENSOR & CONTROL SYSTEMS
- OTHERS
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