Pune, India, April 04, 2019 -- /360iResearch/ -- The report "Global High Technology Greenhouses Market - Premium Insight, Industry Trends, FPNV Positioning Matrix, Competitive News Feed Analysis, Company Usability Profiles, Market Sizing & Forecasts to 2024 (Q1 2019 Update)", published by 360iResearch, states that the global market was valued at USD 2.15 billion in 2017 and is projected to reach USD 4.09 billion by 2024, growing at a CAGR of 9.64% from 2017 to 2024.
The major forces driving the growth of the high technology greenhouses market include the trend of indoor farming and changing consumer perception towards greenhouse deployments and favorable government regulations and incentives for high tech greenhouse. Moreover, need for increasing production of locally health safe and fresh vegetables is also one of the factors that is driving the market growth. However high cost of design and deployment, and profitability limited to large land holdings may hinder the market growth. In the middle of difficulty lies opportunity such as the emerging vertical farming technology, intelligent environment & crop control, high tech cultivation systems, and intelligent energy management, and development of industrial greenhouses. The possible challenges for the market growth are integration of greenhouse technologies, and no available protection from greenhouse whiteflies. But key players in the market are overcoming the challenges with continual improvement and innovation.
Based on component, the global high technology greenhouses market is studied across Control Systems, HVAC Systems, Irrigation Systems, LED Grow Lights, Material Handling Equipment, Sensors and Cameras, and Valves and Pumps. Based on glazing, the global high technology greenhouses market is studied across Fiberglass Reinforced Plastic Glazing, Glass Glazing, and Ultra Violet Stabilized Low-Density Polyethylene. Based on structure type, the global high technology greenhouses market is studied across Curved roof Type, Gable roof Type, and Quonset Type. Based on type, the global high technology greenhouses market is studied across Hydroponic, and Non-Hydroponic. Based on ventilation type, the global high technology greenhouses market is studied across Naturally Ventilated, and Passive Ventilation. Based on geography, the global high technology greenhouses market is studied across Americas, Europe, Middle East & Africa, and Asia-Pacific.
The report features a competitive scenario of the high technology greenhouses market and provides inclusive analysis of key growth strategies adopted by major players. Key company profiled in the study are Argus Control Systems, Certhon, Cultivar, DALSEM, Desert Growing, Greentech Agro LLC, Growlink, Heliospectra, International Greenhouse Company, Kheyti, Logiqs, Lumigrow, Motorleaf, Netafim, Nexus Corporation, Prospera Technologies, Pure Harvest, Rough Brothers, Sensaphone, and Startup Ecosystem.
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Miss. Shikha Sachan
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