Global Greenhouse Automation System Market Size By Component, By Type, By Application, By Geographic Scope And Forecast
Published on: 2024-08-08 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Greenhouse Automation System Market Size By Component, By Type, By Application, By Geographic Scope And Forecast
Greenhouse Automation System Market Size And Forecast
Greenhouse Automation System Market size was valued at USD 22.68 Billion in 2023 and is projected to reach USD 51.8 Billion by 2030, growing at a CAGR of 13.7% during the forecast period 2024-2030.
Global Greenhouse Automation System Market Drivers
The market drivers for the Greenhouse Automation System Market can be influenced by various factors. These may include
- Growing Need for Food Production As the world’s population continues to rise, so does the need for food. Higher yields are achieved via precise control over environmental elements including as temperature, humidity, and light, which is made possible by greenhouse automation systems.
- Growing Demand for Resource Efficiency Water, electricity, and fertiliser use are all optimised by greenhouse automation systems. Growers are using automation to reduce waste and boost efficiency as worries about the environment and the scarcity of resources grow.
- Technological developments As sensor technology, data analytics, and the Internet of Things (IoT) continue to progress, more advanced greenhouse automation solutions are now possible. With the help of integrated systems, growers can monitor and regulate their crops in real time and make data-driven decisions for improved crop management.
- Climate Change and Unpredictable Weather The need for controlled settings in agriculture has increased due to climate change and unpredictable weather patterns. A certain degree of protection from unfavourable weather is offered by greenhouse automation systems, enabling steady and dependable crop production.
- Manpower Shortages and Increasing Labour Costs Finding qualified agricultural labour is becoming more difficult in many areas, and the price of manual labour is going up. By automating repetitive processes, decreasing the need for human labour, and boosting operational efficiency, greenhouse automation solves these problems.
- Government Initiatives and Incentives Governments around the world are encouraging the use of modern farming technologies and offering incentives for the adoption of sustainable agriculture practices. Growers are encouraged to invest in greenhouse automation systems by grants and subsidies.
- Demand from Consumers for Sustainable and Locally Sourced Produce The uptake of greenhouse technology has been propelled by consumer desires for sustainably and locally sourced produce. Greenhouses meet customer demands for ecologically responsible practices by enabling year-round manufacturing and reducing emissions associated to transportation.
- Growing Public Awareness of Precision Agriculture The use of automation and technology to precisely regulate farming variables has become more popular in precision agriculture methods. A crucial element of precision agriculture that enhances resource management is greenhouse automation.
- Growing Investment in Agriculture Technology (AgTech) AgTech has seen a surge in funding from venture capital firms and agricultural businesses, leading to the development of more sophisticated and effective systems as well as increased investment in greenhouse automation.
- Impact of Global Pandemic The COVID-19 pandemic brought attention to the weaknesses in international supply chains. As a result, there is now more emphasis on small-scale, controlled-environment farming, where greenhouse automation is essential.
Global Greenhouse Automation System Market Restraints
Several factors can act as restraints or challenges for the Greenhouse Automation System Market. These may include
- High Initial Investment Putting greenhouse automation systems into place frequently necessitates a large upfront investment in infrastructure, technology, and training. Some farmers may find this discouraging, particularly those with smaller or more limited resources.
- Complexity and Learning Curve Workers and greenhouse operators must go through a learning curve while implementing automated technologies. Implementation processes can be slowed down by training requirements and resistance to change.
- Compatibility Problems It can be difficult to integrate new automation systems with the infrastructure already in place in greenhouses. Different systems and equipment may have compatibility problems, which can cause extra expenses and delays.
- Costs of Maintenance To guarantee optimal performance, automation systems need to have regular maintenance performed. Some farmers may find themselves constrained by high maintenance costs, especially if they are unprepared for continuous outlays.
- Limited Technical Expertise Skilled workers are necessary for the effective installation and operation of greenhouse automation systems. One potential limitation could be a lack of skilled technicians and operators with knowledge of automation technologies.
- Industry Fragmentation There could be a number of manufacturers offering distinct solutions in the greenhouse automation industry, causing fragmentation. Growers may become confused as a result while deciding which automation system is best for their particular requirements.
- Regulatory Compliance Adhering to rules and regulations can be difficult, especially when it comes to the agriculture industry. It could be necessary to make additional investments and changes to the automation systems in order to meet these standards.
- Risk Aversion Because they are unsure of the efficacy and return on investment of new technology, some growers may be risk adverse and reluctant to use them.
Global Greenhouse Automation System Market Segmentation Analysis
The Global Greenhouse Automation System Market is Segmented on the basis of Component, Type, Application and Geography.
Greenhouse Automation System Market, By Component
- Hardware This segment includes physical equipment such as sensors, control systems, HVAC (Heating, Ventilation, and Air Conditioning) systems, lighting systems, and other mechanical devices.
- Software Encompasses the software applications and programs that control and manage the automation system, including data analytics, monitoring, and control interfaces.
Greenhouse Automation System Market, By Type
- Climate Control Systems Involves systems that regulate temperature, humidity, and other climate parameters within the greenhouse to create an optimal environment for plant growth.
- Irrigation Systems Focuses on automated watering and irrigation systems that provide the right amount of water to plants based on their needs.
- Material Handling Includes systems for handling and transporting materials within the greenhouse, such as conveyor belts, robotic carts, and automated picking systems.
- Sensing and Monitoring Involves sensors and monitoring devices that collect data on environmental conditions, plant health, and other relevant parameters.
Greenhouse Automation System Market, By Application
- Fruits and Vegetables Automation systems designed specifically for the cultivation of fruits and vegetables in greenhouses.
- Flowers and Ornamental Plants Tailored solutions for the automated cultivation of flowers and ornamental plants.
- Nursery Plants Focuses on greenhouse automation systems used in the cultivation of seedlings and young plants in nurserie
Greenhouse Automation System Market, By Geography
- North AmericaMarket conditions and demand in the United States, Canada, and Mexico.
- EuropeAnalysis of the Greenhouse Automation System Market in European countries.
- Asia-PacificFocusing on countries like China, India, Japan, South Korea, and others.
- Middle East and AfricaExamining market dynamics in the Middle East and African regions.
- Latin AmericaCovering market trends and developments in countries across Latin America.
Key Players
The major players in the Greenhouse Automation System Market are
- Nexus Corporation
- Argus Control Systems Limited
- Certhon
- Rough Brothers, Inc.
- GreenTech Agro LLC
- Netafim
- Sensaphone
- Cultivar Ltd.
- Heliospectra AB
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2020-2030 |
BASE YEAR | 2023 |
FORECAST PERIOD | 2024-2030 |
HISTORICAL PERIOD | 2020-2022 |
UNIT | Value (USD Billion) |
KEY COMPANIES PROFILED | Nexus Corporation, Argus Control Systems Limited, Certhon, Rough Brothers, Inc., GreenTech Agro LLC, Sensaphone, Cultivar Ltd., Heliospectra AB. |
SEGMENTS COVERED | By Component, By Type, By Application and By Geography. |
CUSTOMIZATION SCOPE | Free report customization (equivalent to up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope. |
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