Overview and Scope
The environment controllers market for agricultural greenhouses refers to the industry that produces and sells devices and systems designed to regulate and manage the growing conditions within greenhouse environments. These controllers can be used to maintain optimal temperature, humidity, lighting, and other environmental factors that are essential for healthy plant growth.
Sizing and Forecast
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..
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Segmentation & Regional Insights
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
Europe was the largest region in the environment controllers market for agricultural greenhouse market in 2023. The regions covered in the environment controllers market for agricultural greenhouse market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
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.
Key Industry Players
Major companies operating in the environment controllers market for agricultural greenhouse market report are Smart Bee Technologies LLC, TrolMaster Agro Instruments Co. Ltd., Grow-Link Inc., Trotec GmbH, Argus Control Systems, Priva Holding B.V., Heliospectra AB, Netafim Ltd., LumiGrow Inc., Rough Brothers Inc., Certhon B.V., Link Corporation, Climate Control Systems Inc., Pure Hydroponics Pty Ltd., Redpath Pacific Ltd., Greentech Agro LLC, Hort Americas LLC, GrowSpan Greenhouse Structures, Nexus Greenhouse Systems, Agra Tech Inc., Agroponic Industries, American Hydroponics Inc., Atlas Manufacturing Inc., CropKing Inc., Custom Agricultural Intelligence Inc., Dosatron International Inc., Dramm Corporation, Emerald Kingdom Greenhouse, Everlight Electronics Co. Ltd., Greenhouse Megastore, Growers Supply, Hydrofarm Holdings Group Inc., Sunlight Supply Inc.
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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31. Global Environment Controllers Market For Agricultural Greenhouse Market Competitive Benchmarking
32. Global Environment Controllers Market For Agricultural Greenhouse Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Environment Controllers Market For Agricultural Greenhouse Market
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