United States Smart Greenhouse Market to Grow with a CAGR of 9.11% through 2029
Adoption of automated & robotic systems and growing focus on sustainable agriculture is expected to drive the United States Smart Greenhouse Market growth in the forecast period, 2025-2029.
According
to TechSci Research report, “United States Smart Greenhouse Market –Industry
Size, Share, Trends, Competition Forecast & Opportunities, 2019-2029F”,
the United States Smart Greenhouse Market stood at USD 360.92
Million in
2023 and is anticipated to project steady growth in the forecast period with a
CAGR of 9.11%
through 2029. The
primary drivers for the United States Smart Greenhouse market include the
growing demand for high-quality crops, increased need for optimization of
farming operations, and the rising popularity of urban farming.
Additionally,
technological advancements in IoT and AI are paving the way for intelligent and
automated greenhouse systems, further boosting market growth. A collective
interest in sustainable practices and the push for green technologies also
contribute to the robust growth of this market.
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"United States Smart Greenhouse Market”
The
United States market for smart greenhouses is rapidly expanding, driven by
technologically innovative solutions and an increased focus on sustainable
agriculture practices. Smart greenhouses employ advanced technologies such as
IoT, AI, and machine learning to automate and optimize crop production,
significantly reducing human labor and resource consumption. The adoption of
smart greenhouses in the U.S. is fueled by several factors. Population growth
and urbanization are accelerating the demand for fresh produce. To meet this
demand while minimizing environmental impact, the agricultural sector is
turning to controlled-environment agriculture (CEA), in which smart greenhouses
play a critical role.
The
U.S. government's commitment to reducing carbon emissions and promoting
sustainable farming practices is encouraging the adoption of smart greenhouses.
Policies and incentives aiming to make agriculture more sustainable are driving
investments in this sector.
Advancements
in technology are making smart greenhouses more accessible and affordable. The
proliferation of IoT devices, sensors, and cloud computing has driven down the
costs and complexity of running a smart greenhouse. Farmers can now remotely
monitor and control their greenhouses, optimizing crop yield while conserving
resources.
However,
challenges persist in the market. High initial investment costs, technical
complexities, and a lack of skilled workforce are some of the hurdles to
widespread adoption of smart greenhouses. Despite these challenges, the future
of the U.S. smart greenhouse market looks promising. The next-generation
greenhouses are expected to integrate more advanced technologies like AI,
robotics, and machine learning, potentially increasing yield and efficiency
while reducing resource consumption. Key players in the market are investing in
R&D activities to develop more innovative and cost-effective solutions.
The
U.S. smart greenhouse market is poised for considerable growth due to changing
consumer preferences, governmental support, and technological advancements. The
integration of modern technology with traditional farming practices is
transforming the agricultural landscape in the United States, making it more
productive, efficient, and environmentally friendly.
The United
States Smart Greenhouse Market is segmented into type, technology, component,
crops, regional distribution, and company
Based
on crops, in the United
States, the Smart Greenhouse Market is currently dominated by the vegetables
sector, which has witnessed a remarkable surge in growth in 2023. This growth can be
attributed to the rising consumer demand for fresh, locally produced vegetables
and the continuous advancements in greenhouse technology. These smart
greenhouses go beyond traditional farming techniques by incorporating
cutting-edge features such as automated climate control, precision irrigation
systems, and advanced monitoring sensors. With these innovative technologies,
vegetable cultivation becomes a year-round possibility, unaffected by external
weather conditions. The optimized environment created by these smart
greenhouses ensures optimal growth and productivity, resulting in high-quality,
locally sourced produce for consumers throughout the year. This combination of
consumer preference for fresh, locally grown vegetables and the ability to
cultivate them consistently has greatly contributed to the overall expansion
and success of the smart greenhouse market, making it a thriving sector in the
agricultural industry.
In 2023, based
on region, the West region is leading the way in the US Smart Greenhouse
Market, driven by a combination of factors. Firstly, the region is renowned for
its thriving technology sector, which provides a solid foundation for the
development and adoption of cutting-edge smart greenhouse technologies.
Moreover, the local government has implemented progressive regulations and
initiatives that actively promote sustainable farming practices, further
fueling the growth of this industry. Additionally, the West region's diverse
climate conditions offer a unique advantage, allowing for a wide range of crops
to be cultivated all year round. This diverse agricultural landscape creates an
ideal environment for the successful implementation and maximum benefits of
smart greenhouse technologies.
Major
companies operating in the United States Smart Greenhouse Market are:
- LumiGrow, Inc.
- Rough Brothers, Inc.
- Nexus Corporation
- Netafim Limited
- Ceres Greenhouse Solutions
- GreenTech Agro LLC
- Hort Americas, LLC
- TerraSphere Systems LLC
- Heliospectra AB
- Cultivar Ltd.
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“The
future of the United States Smart Greenhouse market appears promising, driven
by the increasing importance of sustainable farming methods and the need to
meet the escalating demand for food. Technological advancements, such as
Artificial Intelligence (AI) and Internet of Things (IoT), are being integrated
into greenhouses, optimizing crop yield and reducing wastage. Furthermore, as
the awareness around the impacts of climate change heightens, smart greenhouses
are set to play a pivotal role in enabling year-round cultivation, independent
of external weather conditions. This market is expected to witness substantial
growth in the coming years, revolutionizing agriculture and ushering an era of
'smart' farming.,” said Mr. Karan Chechi, Research Director with TechSci
Research, a research-based management consulting firm.
“United
States Smart Greenhouse Market
By Type (Hydroponic and Non-Hydroponic), By
Technology (HVAC, LED Grow Light, Irrigation System, Material Handling, Valves,
Control System and Sensor & Camera), By Component (Hardware, Software and
Services), By Crops (Vegetables, Floriculture, Tree Seedlings and Others), By Region,
Competition, Forecast and& Opportunities, 2019-2029F”,
has evaluated the future growth potential of United States Smart Greenhouse
Market and provides statistics & information on market size, structure and
future market growth. The report intends to provide cutting-edge market
intelligence and help decision-makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in United States Smart
Greenhouse Market.
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