The North America smart greenhouse market is anticipated to register a CAGR of 7.24%, over the forecast years of 2021 to 2028. The region’s market growth is facilitated by key drivers, such as the increasing demand for smart farming, the rising need for good-quality food, the presence of well-established players, and the lack of agricultural land. The North America smart greenhouse market growth is analyzed through the assessment of the United States and Canada.

NORTH AMERICA SMART GREENHOUSE MARKET FORECAST 2021-2028

North America 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

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The North America smart greenhouse market is anticipated to register a CAGR of 7.24%, over the forecast years of 2021 to 2028. The region’s market growth is facilitated by key drivers, such as the increasing demand for smart farming, the rising need for good-quality food, the presence of well-established players, and the lack of agricultural land.
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The North America smart greenhouse market growth is analyzed through the assessment of the United States and Canada. The United States is among the most extensive markets for hydroponic systems across the region, due to the increasing popularity of agriculture and greenhouse horticulture. The prospective development of the country’s hydroponics market primarily relies on the expansion of cost-competitive production systems, with open-field agriculture. Cultivating crops using hydroponics is considered a vital measure, especially during extreme weather conditions. In addition to the adverse climate, the rising need for organic produce is also expected to bolster the segment’s growth.

On the other hand, the surging demand for greenhouse tomatoes, coupled with the legalization of medicinal plants, such as marijuana, is also expected to help the United States’ market record rapid growth. Likewise, the country’s greenhouse vegetable sector also holds significant opportunities, owing to the rising requirement for locally produced food. Hence, these factors are set to fuel the market growth in the United States, during the forecast period.

GreenTech Agro LLC, headquartered in the United States, is the developer of Growtainer, a high-density farm built inside an insulated and recycled shipping container. Every Growtainer comprises a low-energy LED lighting, climate control for accurate humidity and temperature, an exclusive Growtroller including remote monitoring, row rack system, and crop-specific, water-conserving hydroponic system. The company is also a veteran of the horticulture industry, and among the highly successful real estate developers.

 

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    1. RESEARCH SCOPE & METHODOLOGY
      • STUDY OBJECTIVES
      • SCOPE OF STUDY
      • METHODOLOGY
      • ASSUMPTIONS & LIMITATIONS
    2. EXECUTIVE SUMMARY
      • MARKET SIZE & ESTIMATES
      • MARKET OVERVIEW
    3. 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
    1. 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
    2. MARKET BY TYPE
      • HYDROPONIC
      • NON-HYDROPONIC
    3. MARKET BY PRODUCT
      • COMMERCIAL GROWERS
      • RESEARCH & EDUCATIONAL INSTITUTES
      • RETAIL GARDENS
      • OTHERS
    4. MARKET BY COMPONENT
      • HVAC SYSTEMS
      • LED GROW LIGHTS
      • IRRIGATION SYSTEMS
      • VALVES & PUMPS
      • SENSOR & CONTROL SYSTEMS
      • OTHERS
    5. GEOGRAPHICAL ANALYSIS
      •    NORTH AMERICA
        • KEY GROWTH ENABLERS
        • KEY CHALLENGES
        • KEY PLAYERS
        •    COUNTRY ANALYSIS
          • UNITED STATES
          • CANADA
    1. 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

    TABLE LIST

    TABLE 1: MARKET SNAPSHOT – SMART GREENHOUSE

    TABLE 2: NORTH AMERICA SMART GREENHOUSE MARKET, BY TYPE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 3: NORTH AMERICA SMART GREENHOUSE MARKET, BY TYPE, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 4: NORTH AMERICA SMART GREENHOUSE MARKET, BY PRODUCT, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 5: NORTH AMERICA SMART GREENHOUSE MARKET, BY PRODUCT, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 6: NORTH AMERICA SMART GREENHOUSE MARKET, BY COMPONENT, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 7: NORTH AMERICA SMART GREENHOUSE MARKET, BY COMPONENT, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 8: NORTH AMERICA SMART GREENHOUSE MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

    TABLE 9: NORTH AMERICA SMART GREENHOUSE MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)

    TABLE 10: LEADING PLAYERS OPERATING IN NORTH AMERICA SMART GREENHOUSE MARKET

    FIGURE LIST

    FIGURE 1: KEY INVESTMENT INSIGHTS

    FIGURE 2: PORTER’S FIVE FORCE ANALYSIS

    FIGURE 3: OPPORTUNITY MATRIX

    FIGURE 4: VENDOR LANDSCAPE

    FIGURE 5: NORTH AMERICA SMART GREENHOUSE MARKET, GROWTH POTENTIAL, BY TYPE, IN 2020

    FIGURE 6: NORTH AMERICA SMART GREENHOUSE MARKET, BY HYDROPONIC, 2021-2028 (IN $ MILLION)

    FIGURE 7: NORTH AMERICA SMART GREENHOUSE MARKET, BY NON-HYDROPONIC, 2021-2028 (IN $ MILLION)

    FIGURE 8: NORTH AMERICA SMART GREENHOUSE MARKET, GROWTH POTENTIAL, BY PRODUCT, IN 2020

    FIGURE 9: NORTH AMERICA SMART GREENHOUSE MARKET, BY COMMERCIAL GROWERS, 2021-2028 (IN $ MILLION)

    FIGURE 10: NORTH AMERICA SMART GREENHOUSE MARKET, BY RESEARCH & EDUCATIONAL INSTITUTES, 2021-2028 (IN $ MILLION)

    FIGURE 11: NORTH AMERICA SMART GREENHOUSE MARKET, BY RETAIL GARDENS, 2021-2028 (IN $ MILLION)

    FIGURE 12: NORTH AMERICA SMART GREENHOUSE MARKET, BY OTHERS, 2021-2028 (IN $ MILLION)

    FIGURE 13: NORTH AMERICA SMART GREENHOUSE MARKET, GROWTH POTENTIAL, BY COMPONENT, IN 2020

    FIGURE 14: NORTH AMERICA SMART GREENHOUSE MARKET, BY HVAC SYSTEMS, 2021-2028 (IN $ MILLION)

    FIGURE 15: NORTH AMERICA SMART GREENHOUSE MARKET, BY LED GROW LIGHTS, 2021-2028 (IN $ MILLION)

    FIGURE 16: NORTH AMERICA SMART GREENHOUSE MARKET, BY IRRIGATION SYSTEMS, 2021-2028 (IN $ MILLION)

    FIGURE 17: NORTH AMERICA SMART GREENHOUSE MARKET, BY VALVES & PUMPS, 2021-2028 (IN $ MILLION)

    FIGURE 18: NORTH AMERICA SMART GREENHOUSE MARKET, BY SENSOR & CONTROL SYSTEMS, 2021-2028 (IN $ MILLION)

    FIGURE 19: NORTH AMERICA SMART GREENHOUSE MARKET, BY OTHERS, 2021-2028 (IN $ MILLION)

    FIGURE 20: NORTH AMERICA SMART GREENHOUSE MARKET, REGIONAL OUTLOOK, 2020 & 2028 (IN %)

    FIGURE 21: UNITED STATES SMART GREENHOUSE MARKET, 2021-2028 (IN $ MILLION)

    FIGURE 22: CANADA SMART GREENHOUSE MARKET, 2021-2028 (IN $ MILLION)

    1. GEOGRAPHICAL ANALYSIS
      •    NORTH AMERICA
        • KEY GROWTH ENABLERS
        • KEY CHALLENGES
        • KEY PLAYERS
        •    COUNTRY ANALYSIS
          • UNITED STATES
          • CANADA
    1. MARKET BY TYPE
      • HYDROPONIC
      • NON-HYDROPONIC
    2. MARKET BY PRODUCT
      • COMMERCIAL GROWERS
      • RESEARCH & EDUCATIONAL INSTITUTES
      • RETAIL GARDENS
      • OTHERS
    3. MARKET BY COMPONENT
      • HVAC SYSTEMS
      • LED GROW LIGHTS
      • IRRIGATION SYSTEMS
      • VALVES & PUMPS
      • SENSOR & CONTROL SYSTEMS
      • OTHERS

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