The smart greenhouse market in APAC projected to grow at the highest CAGR during the forecast period

Based on end user, the research & educational institutes segment held the largest share of the smart greenhouse market in 2019.

Companies are providing smart greenhouses to research & educational institutes for public or private research. They are providing fully functional smart greenhouse facilities by integrating different plant systems and plant research equipment in their designs for the optimal performance of these research facilities. Research greenhouses can be small or large, depending on the requirements of research activities to be carried out. For instance, Nexus Corporation designs 15,000-square feet state-of-the-art research facilities, as well as 500-square feet smart greenhouses for high school programs. Research & educational institutes are the key end users of smart greenhouses as they carry out research activities related to different flowers, fruits, and vegetables, as well as provide hands-on experience to the concerned in campuses and schools.

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The hydroponics segment projected to account for large size of the smart greenhouse market during the forecast period.

Hydroponics is a production method wherein plants are grown in a nutrient solution rather than in soil. This technique makes use of containers or specially designed benches with troughs to enable the suspension of plants in water. Smart greenhouses based on hydroponics use sand, pebbles, or sawdust as substrates as they have a high water-holding capacity. The roots grow within these substrates to secure plants in troughs or containers. Hydroponics-based smart greenhouses enable soilless agricultural practices to reduce the consumption of resources, thereby enabling this farming technique to be adopted by a large number of stakeholders, ranging from home gardeners to professional growers and supermarkets to restaurants.

Europe estimated to account for the largest size of the smart greenhouse market in 2020.

The continuously increasing population of Europe has led to a rise in frozen fruits and vegetable imports in the region from Africa and Asia. Indoor horticulture is gaining rapid momentum in some of the key countries in this region for fresh horticultural produce from locally cultivated farms. This factor is expected to generate significant demand for controlled-environment agriculture in Europe in the near future. A large number of smart greenhouse projects are being carried out in Europe. For instance, Certhon has completed 38 smart greenhouse projects in the region.

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