According to a new market report published by Industry Probe (www.industryprobe.com) titled ‘Smart Greenhouse Market (Type: Hydroponic and Non-hydroponic; Technology: HVAC, LED, Material Handling, Grow Light, Communication Technology, Water System Framework, Control Framework Irrigation System, Valves & Pumps, and Others) – Global Industry Dynamics 2018-2019, Trends and Forecast, 2020–2027,’ the global non-hydroponic smart greenhouse market is expected to expand at a CAGR of 8.4% from 2019 to 2027 and reach US$ 1.10 Bn by 2027.
A smart greenhouse is based on the advancement of a greenhouse that would maintain a perfect micro-climate for a particular crop being cultivated inside. It would be made to exercise the vegetation inside to maximize its efficiency. In some regions, a smart greenhouse is also popular for water saving due to the superior irrigation system. In recent years, people also access electric power through solar-photovoltaic technology. These factors are anticipated to drive rapid growth in the smart greenhouse market. A smart greenhouse is installed with different kinds of actuators and sensors that are intelligent to operate without human involvement. This smart greenhouse gives better performance and far more reliable end results. In addition, the excellent utilization of energy and resources can be achieved by adopting a smart greenhouse.