Environment Controllers Market For Agricultural Greenhouse Market
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What Will the Environment Controllers Market For Agricultural Greenhouse Industry Market Size Be by 2025?
The market size for environment controllers in the agricultural greenhouse sector has been witnessing robust growth in recent times. Its value is projected to inflate from $5.31 billion in 2024 to $5.71 billion in 2025, with a compound annual growth rate (CAGR) fixed at 7.5%. This significant growth during the historical period can be traced back to several factors including soaring demand for controlled environment agriculture (CEA), escalating population and growing concerns regarding food security, fine-tuning of crop yield and quality, efficient utilization of resources and sustainability, as well as backing and incentives offered by the government.
What’s the Long-Term Growth Forecast for the Environment Controllers Market For Agricultural Greenhouse Market Size Through 2029?
The market size of environmental controllers for agricultural greenhouses is predicted to see a robust expansion in the coming years, reaching a valuation of “$8.03 billion by 2029, with a compound annual growth rate (CAGR) of 8.9%. The anticipated surge over this forecasted period is due to factors such as adoption of strategies for climate change adaptation, precision agriculture and smart farming, heightened focus on indoor farming, worldwide gravitation towards sustainable agriculture, market-inspired innovation, and customisation. Key trends to look out for in this period encompass the execution of climate control measures, automation of water management and irrigation, integration of eco-friendly practices, emphasis on user-friendly interfaces, and remote supervision and manipulation through mobile devices.
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What Are the Key Growth Drivers Fueling the Environment Controllers Market For Agricultural Greenhouse Market Expansion?
The escalating investment in vertical farming techniques is expected to catalyze the expansion of the market for environment controllers specific to the agricultural greenhouse sector. Vertical farming, which involves the cultivation of crops in vertically oriented layers or shelves with the assistance of artificial lighting and regulated environmental conditions, involves the strategic deployment of vertical space for nourishment supply to crops. Environment control systems are crucial in establishing optimal conditions for plant growth in vertical farming; temperature, carbon dioxide, oxygen, lighting, humidity, nutrient concentration, pH, insect control, watering, and harvesting all play a pivotal role in maximizing yield. For example, in March 2023, Al-Monitor, LLC, a US-based news company, published a report on a new vertical farming endeavor launched in stanch collaboration between Saudi Public Investment Fund and Aero Farms, an American sustainable indoor agriculture company. This project, initiated in both Saudi Arabia and across the Middle East and North Africa, aims to meet a crop production goal of 1.1 million kilograms (2.4 pounds) per year amid increasing population and shrinking arable land. Thus, the upward trend in vertical farming investment is fueling the growth of the environment controllers market within the agricultural greenhouse industry.
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What Are the Key Trends Driving Environment Controllers Market For Agricultural Greenhouse Market Growth?
The surge in technological progress is a significant developing trend in the environmental regulation field for agricultural greenhouse markets. Businesses in this arena are utilizing innovative tech to maintain competitive standing. For example, greenhouse construction and technology solutions firm Certhon B.V., based in the Netherlands, introduced SupriSun in November 2022. This new technology encompasses one-of-a-kind screens and adjustable LED lighting for controlling the amount of light for indoor planting. SupriSun incorporates unique screens and modifiable LED lighting along with climate systems and dehumidification. This setup allows for balanced and controllable light exposure, offering a more energy-efficient option for indoor horticulture. Furthermore, this makes it possible for the growth environment to be controlled with precision, the plant’s needs to be met adequately, and the greenhouse to continuously harness the heat and light from the sun.
How Is the Environment Controllers Market For Agricultural Greenhouse Market Segmented?
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
Subsegments:
1) By Hydroponics: Nutrient Film Technique (NFT), Deep Water Culture (DWC), Ebb And Flow, Drip System
2) By Greenhouse: Polyethylene Greenhouses, Glass Greenhouses, Shade Houses
3) By Indoor Gardening: Vertical Farming, Container Farming, Home Indoor Gardens
4) By Urban Agriculture: Rooftop Farming, Community Gardens, Vertical Urban Farms
5) By cannabis* Home Growers: Personal Home Cultivation, Indoor cannabis* Growing Systems
6) By Other Farming Types: Aquaponics, Organic Farming
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Which Companies Are Leading the Charge in Environment Controllers Market For Agricultural Greenhouse Market Innovation?
Major companies operating in the environment controllers market for agricultural greenhouse market include 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.
Which Regions Are Leading the Global Environment Controllers Market For Agricultural Greenhouse Market in Revenue?
Europe was the largest region in the environment controllers market for the agricultural greenhouse market in 2024. 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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