DUBLIN, March 23, 2016 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/4c7g97/global_smart) has announced the addition of the "Global Smart Greenhouse Market 2016-2020" report to their offering.
The report forecasts the global smart greenhouse market to grow at a CAGR of 17% during the period 2016-2020.
A smart greenhouse is equipped with interconnected devices to control sunlight, temperature, and humidity depending on the type of crop. The control system collects data from various sensors and transmits it for analysis to reduce production losses. The environment inside a smart greenhouse can be changed, modified, and analyzed remotely, and this is advantageous when such greenhouses are spread across regions.
According to the report, technological innovations have led to the development of floating and solar-powered greenhouses that generate their own power, thereby reducing carbon emissions significantly. They use artificial intelligence devices, sensors, and controls for irrigation, automation, and control of the environment, which increase efficiency and output.
Further, the report states that producing crops in a controlled environment is capital and labor intensive, as the installation of a smart greenhouse is expensive. Apart from building a greenhouse, users have to install interconnected sensors; lighting, heating, cooling, and control devices; and software to control climatic conditions for efficient production. This makes users reluctant to invest in smart greenhouses as the ROI is negligible. The premium prices of technology and installation hinder the use of smart greenhouse technologies.
- Rough Brothers
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by application
PART 07: Market segmentation by technology
PART 08: Geographical segmentation
PART 09: Key leading countries
PART 10: Market drivers
PART 11: Impact of drivers
PART 12: Market challenges
PART 13: Impact of drivers and challenges
PART 14: Market trends
PART 15: Vendor landscape
PART 16: Key vendor analysis
For more information visit http://www.researchandmarkets.com/research/4c7g97/global_smart
Research and Markets
Laura Wood, Senior Manager
For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-smart-greenhouse-market---expected-to-grow-17-by-2020-300240433.html
SOURCE Research and Markets