Smart Greenhouse Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The Smart Greenhouse market (hereafter referred to as the market studied) was valued at USD 1,607.87 million in 2021, and it is expected to reach USD 2,922.75 million by 2027, registering a CAGR of 10.23% during the period 2022-2027 (hereafter referred to as the forecast period).
Key HighlightsThe smart greenhouse market is fragmented, and various companies compete on a regional scale to gain market share. Vendors in the market are expected to compete intensely for large-scale projects, but smaller vendors are expected to hold prominence over the market in the local space. Major vendors that offer integrated products are expected to command a higher share of the adoption of their solutions due to the spread of their presence over the value chain and the ability to mitigate the risk.
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