Setting

Asia Pacific Smart Greenhouse Market 2022-2032 by Offering (Hardware, Software, Services), Greenhouse Type (Hydroponic, Non-hydroponic), Technology, Covering Material (PE, PC, Others), Crop (Vegetables, Fruits, Flowers), End User, and Country: Trend Forecast and Growth Opportunity

Published: 31 Mar 2023 | Report Code: 10248997 | Pages: 125

Asia Pacific smart greenhouse market will grow by 12.8% annually with a total addressable market cap of $9,362.3 million over 2023-2032, driven by the rising food demand due to the growing population, the rising adoption of indoor and rooftop farming, benefits associated with smart greenhouses, the increasing adoption of advanced technologies such as IoT and AI, and the government initiatives to develop smart farming. Highlighted with 36 tables and 59 figures, this 125-page report “Asia Pacific Smart Greenhouse Market 2022-2032 by Offering (Hardware, Software, Services), Greenhouse Type (Hydroponic, Non-hydroponic), Technology, Covering Material (PE, PC, Others), Crop (Vegetables, Fruits, Flowers), End User, and Country: Trend Forecast and Growth Opportunity” is based on comprehensive research of the entire Asia Pacific smart greenhouse market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.) In-depth qualitative analyses include identification and investigation of the following aspects: • Market Structure • Growth Drivers • Restraints and Challenges • Emerging Product Trends & Market Opportunities • Porter’s Fiver Forces The trend and outlook of Asia Pacific market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify Asia Pacific smart greenhouse market in every aspect of the classification from perspectives of Offering, Greenhouse Type, Technology, Covering Material, Crop, End User, and Country. Based on Offering, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section. • Hardware • Software • Services Based on Greenhouse Type, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section. • Hydroponic • Non-hydroponic By Technology, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section. • HVAC • LED Grow Light • Sensors and Cameras • Material Handling • Control System • Irrigation System • Valves and Pumps • Other Technologies By Covering Material, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section. • Polyethylene (PE) • Polycarbonate (PC) • Other Material Types By Crop, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section. • Vegetables • Fruits • Flowers and Ornamentals • Other Crop Types By End User, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section. • Commercial Growers • Retail Gardens • Academic & Research Institutions • Other End Users Geographically, the following national/local markets are fully investigated: • Japan • China • South Korea • Australia • India • Rest of APAC (further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines) For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2022-2032. The breakdown of national markets by Greenhouse Type, Technology and Crop over the forecast years are also included. The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players. Selected Key Players: Argus Control Systems Limited CarbonBook (Motorleaf) Certhon Group Cultivar Ltd. Desert Growing Greenhouse Megastore (BFG Supply) GreenTech Agro LLC Growlink, Inc. Heliospectra AB Hort Americas, LLC Logigs BV Lumigrow Inc. Netafim Limited Nexus Corporation Prospera Technologies Pure Harvest Smart Farms, Ltd. Rough Brothers Inc. (Gibraltar Industries INC.) Sensaphone (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

Table of Contents:
1 Introduction	7
1.1 Industry Definition and Research Scope	7
1.1.1 Industry Definition	7
1.1.2 Research Scope	8
1.2 Research Methodology	11
1.2.1 Overview of Market Research Methodology	11
1.2.2 Market Assumption	12
1.2.3 Secondary Data	12
1.2.4 Primary Data	12
1.2.5 Data Filtration and Model Design	13
1.2.6 Market Size/Share Estimation	14
1.2.7 Research Limitations	15
1.3 Executive Summary	16
2 Market Overview and Dynamics	19
2.1 Market Size and Forecast	19
2.1.1 Impact of COVID-19 on World Economy	20
2.1.2 Impact of COVID-19 on the Market	23
2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery	25
2.2 Major Growth Drivers	29
2.3 Market Restraints and Challenges	36
2.4 Emerging Opportunities and Market Trends	39
2.5 Porter’s Fiver Forces Analysis	43
3 Segmentation of Asia Pacific Market by Offering	47
3.1 Market Overview by Offering	47
3.2 Hardware	49
3.3 Software	50
3.4 Services	51
4 Segmentation of Asia Pacific Market by Greenhouse Type	52
4.1 Market Overview by Greenhouse Type	52
4.2 Hydroponic	54
4.3 Non-hydroponic	55
5 Segmentation of Asia Pacific Market by Technology	56
5.1 Market Overview by Technology	56
5.2 HVAC	58
5.3 LED Grow Light	59
5.4 Sensors and Cameras	61
5.5 Material Handling	63
5.6 Control System	64
5.7 Irrigation System	66
5.8 Valves and Pumps	67
5.9 Other Technologies	68
6 Segmentation of Asia Pacific Market by Covering Material	69
6.1 Market Overview by Covering Material	69
6.2 Polyethylene (PE)	71
6.3 Polycarbonate (PC)	72
6.4 Other Material Types	73
7 Segmentation of Asia Pacific Market by Crop	74
7.1 Market Overview by Crop	74
7.2 Vegetables	76
7.3 Fruits	77
7.4 Flowers and Ornamentals	78
7.5 Other Crop Types	79
8 Segmentation of Asia Pacific Market by End User	80
8.1 Market Overview by End User	80
8.2 Commercial Growers	82
8.3 Retail Gardens	83
8.4 Academic & Research Institutions	84
8.5 Other End Users	85
9 Asia-Pacific Market 2022-2032 by Country	86
9.1 Overview of Asia-Pacific Market	86
9.2 Japan	89
9.3 China	92
9.4 Australia	94
9.5 India	96
9.6 South Korea	98
9.7 Rest of APAC Region	100
10 Competitive Landscape	102
10.1 Overview of Key Vendors	102
10.2 New Product Launch, Partnership, Investment, and M&A	105
10.3 Company Profiles	106
Argus Control Systems Limited	106
CarbonBook (Motorleaf)	108
Certhon Group	109
Cultivar Ltd.	110
Desert Growing	111
Greenhouse Megastore (BFG Supply)	112
GreenTech Agro LLC	113
Growlink, Inc.	114
Heliospectra AB	115
Hort Americas, LLC	116
Logigs BV	117
Lumigrow Inc.	118
Netafim Limited	119
Nexus Corporation	120
Prospera Technologies	121
Pure Harvest Smart Farms, Ltd.	122
Rough Brothers Inc. (Gibraltar Industries INC.)	123
Sensaphone	124
RELATED REPORTS	125
List of Tables:

Table 1.  Snapshot of Asia Pacific Smart Greenhouse Market in Balanced Perspective, 2022-2032	17
Table 2. World Economic Outlook, 2021-2031	21
Table 3. World Economic Outlook, 2021-2023	22
Table 4. Scenarios for Economic Impact of Ukraine Crisis	26
Table 5. World Population Projections to 2035	33
Table 6. Worldwide Sales of Organic Food, 2022-2032, $ bn	35
Table 7.  Main Product Trends and Market Opportunities in Asia Pacific Smart Greenhouse Market	39
Table 8. Asia Pacific Smart Greenhouse Market by Offering, 2022-2032, $ mn	47
Table 9. Asia Pacific Smart Greenhouse Market by Greenhouse Type, 2022-2032, $ mn	52
Table 10. Asia Pacific Smart Greenhouse Market by Technology, 2022-2032, $ mn	56
Table 11. Key Vendors and Main Products of Grow Lights Market	60
Table 12. Key Vendors and Main Products of Sensors Market	62
Table 13. Key Vendors and Main Products of Irrigation System Market	65
Table 14. Asia Pacific Smart Greenhouse Market by Covering Material, 2022-2032, $ mn	69
Table 15. Asia Pacific Smart Greenhouse Market by Crop, 2022-2032, $ mn	74
Table 16. Asia Pacific Smart Greenhouse Market by End User, 2022-2032, $ mn	80
Table 17. APAC Smart Greenhouse Market by Country, 2022-2032, $ mn	87
Table 18. Japan Smart Greenhouse Market by Greenhouse Type, 2022-2032, $ mn	91
Table 19. Japan Smart Greenhouse Market by Technology, 2022-2032, $ mn	91
Table 20. Japan Smart Greenhouse Market by Crop, 2022-2032, $ mn	91
Table 21. China Smart Greenhouse Market by Greenhouse Type, 2022-2032, $ mn	93
Table 22. China Smart Greenhouse Market by Technology, 2022-2032, $ mn	93
Table 23. China Smart Greenhouse Market by Crop, 2022-2032, $ mn	93
Table 24. Australia Smart Greenhouse Market by Greenhouse Type, 2022-2032, $ mn	95
Table 25. Australia Smart Greenhouse Market by Technology, 2022-2032, $ mn	95
Table 26. Australia Smart Greenhouse Market by Crop, 2022-2032, $ mn	95
Table 27. India Smart Greenhouse Market by Greenhouse Type, 2022-2032, $ mn	97
Table 28. India Smart Greenhouse Market by Technology, 2022-2032, $ mn	97
Table 29. India Smart Greenhouse Market by Crop, 2022-2032, $ mn	97
Table 30. South Korea Smart Greenhouse Market by Greenhouse Type, 2022-2032, $ mn	99
Table 31. South Korea Smart Greenhouse Market by Technology, 2022-2032, $ mn	99
Table 32. South Korea Smart Greenhouse Market by Crop, 2022-2032, $ mn	99
Table 33. Smart Greenhouse Market in Rest of APAC by Country/Region, 2022-2032, $ mn	101
Table 34. Argus Control Systems Limited: Company Snapshot	106
Table 35. Argus Control Systems Limited: Business Segmentation	107
Table 36. Argus Control Systems Limited: Product Portfolio	107
List of Figures:

Figure 1. Research Method Flow Chart	11
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation	14
Figure 3. Asia Pacific Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032	16
Figure 4. Asia Pacific Smart Greenhouse Market, 2022-2032, $ mn	19
Figure 5. Impact of COVID-19 on Business	23
Figure 6. Primary Drivers and Impact Factors of Asia Pacific Smart Greenhouse Market	29
Figure 7. Benefits of Indoor Farming	32
Figure 8. Forecast of Middle-class Population by Region, 2015-2030, million	33
Figure 9. Worldwide Per Capita Arable Land in Hectare, 1961-2020	34
Figure 10. World Map of Per Capita Arable Land in 2020	34
Figure 11. World Agriculture IoT Market, 2019-2030, $ mn	35
Figure 12. Primary Restraints and Impact Factors of Asia Pacific Smart Greenhouse Market	36
Figure 13. Investment Opportunity Analysis	40
Figure 14. Porter’s Fiver Forces Analysis of Asia Pacific Smart Greenhouse Market	43
Figure 15. Breakdown of Asia Pacific Smart Greenhouse Market by Offering, 2022-2032, % of Revenue	48
Figure 16. Asia Pacific Addressable Market Cap in 2023-2032 by Offering, Value ($ mn) and Share (%)	48
Figure 17. Asia Pacific Smart Greenhouse Market by Offering: Hardware, 2022-2032, $ mn	49
Figure 18. Asia Pacific Smart Greenhouse Market by Offering: Software, 2022-2032, $ mn	50
Figure 19. Asia Pacific Smart Greenhouse Market by Offering: Services, 2022-2032, $ mn	51
Figure 20. Breakdown of Asia Pacific Smart Greenhouse Market by Greenhouse Type, 2022-2032, % of Sales Revenue	53
Figure 21. Asia Pacific Addressable Market Cap in 2023-2032 by Greenhouse Type, Value ($ mn) and Share (%)	53
Figure 22. Asia Pacific Smart Greenhouse Market by Greenhouse Type: Hydroponic, 2022-2032, $ mn	54
Figure 23. Asia Pacific Smart Greenhouse Market by Greenhouse Type: Non-hydroponic, 2022-2032, $ mn	55
Figure 24. Breakdown of Asia Pacific Smart Greenhouse Market by Technology, 2022-2032, % of Sales Revenue	57
Figure 25. Asia Pacific Addressable Market Cap in 2023-2032 by Technology, Value ($ mn) and Share (%)	57
Figure 26. Asia Pacific Smart Greenhouse Market by Technology: HVAC, 2022-2032, $ mn	58
Figure 27. Asia Pacific Smart Greenhouse Market by Technology: LED Grow Light, 2022-2032, $ mn	59
Figure 28. Asia Pacific Smart Greenhouse Market by Technology: Sensors and Cameras, 2022-2032, $ mn	61
Figure 29. Asia Pacific Smart Greenhouse Market by Technology: Material Handling, 2022-2032, $ mn	63
Figure 30. Asia Pacific Smart Greenhouse Market by Technology: Control System, 2022-2032, $ mn	64
Figure 31. Asia Pacific Smart Greenhouse Market by Technology: Irrigation System, 2022-2032, $ mn	66
Figure 32. Asia Pacific Smart Greenhouse Market by Technology: Valves and Pumps, 2022-2032, $ mn	67
Figure 33. Asia Pacific Smart Greenhouse Market by Technology: Other Technologies, 2022-2032, $ mn	68
Figure 34. Breakdown of Asia Pacific Smart Greenhouse Market by Covering Material, 2022-2032, % of Revenue	70
Figure 35. Asia Pacific Addressable Market Cap in 2023-2032 by Covering Material, Value ($ mn) and Share (%)	70
Figure 36. Asia Pacific Smart Greenhouse Market by Covering Material: Polyethylene (PE), 2022-2032, $ mn	71
Figure 37. Asia Pacific Smart Greenhouse Market by Covering Material: Polycarbonate (PC), 2022-2032, $ mn	72
Figure 38. Asia Pacific Smart Greenhouse Market by Covering Material: Other Material Types, 2022-2032, $ mn	73
Figure 39. Breakdown of Asia Pacific Smart Greenhouse Market by Crop, 2022-2032, % of Revenue	75
Figure 40. Asia Pacific Addressable Market Cap in 2023-2032 by Crop, Value ($ mn) and Share (%)	75
Figure 41. Asia Pacific Smart Greenhouse Market by Crop: Vegetables, 2022-2032, $ mn	76
Figure 42. Asia Pacific Smart Greenhouse Market by Crop: Fruits, 2022-2032, $ mn	77
Figure 43. Asia Pacific Smart Greenhouse Market by Crop: Flowers and Ornamentals, 2022-2032, $ mn	78
Figure 44. Asia Pacific Smart Greenhouse Market by Crop: Other Crop Types, 2022-2032, $ mn	79
Figure 45. Breakdown of Asia Pacific Smart Greenhouse Market by End User, 2022-2032, % of Revenue	80
Figure 46. Asia Pacific Addressable Market Cap in 2023-2032 by End User, Value ($ mn) and Share (%)	81
Figure 47. Asia Pacific Smart Greenhouse Market by End User: Commercial Growers, 2022-2032, $ mn	82
Figure 48. Asia Pacific Smart Greenhouse Market by End User: Retail Gardens, 2022-2032, $ mn	83
Figure 49. Asia Pacific Smart Greenhouse Market by End User: Academic & Research Institutions, 2022-2032, $ mn	84
Figure 50. Asia Pacific Smart Greenhouse Market by End User: Other End Users, 2022-2032, $ mn	85
Figure 51. Breakdown of APAC Smart Greenhouse Market by Country, 2022 and 2032, % of Revenue	87
Figure 52. Contribution to APAC 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%)	88
Figure 53.  Smart Greenhouse Market in Japan, 2022-2032, $ mn	90
Figure 54.  Smart Greenhouse Market in China, 2022-2032, $ mn	92
Figure 55.  Smart Greenhouse Market in Australia, 2022-2032, $ mn	94
Figure 56.  Smart Greenhouse Market in India, 2022-2032, $ mn	96
Figure 57.  Smart Greenhouse Market in South Korea, 2022-2032, $ mn	98
Figure 58.  Smart Greenhouse Market in Rest of APAC, 2022-2032, $ mn	100
Figure 59. Growth Stage of Asia Pacific Smart Greenhouse Industry over the Forecast Period	102

Selected Key Players: 
Argus Control Systems Limited
CarbonBook (Motorleaf)
Certhon Group
Cultivar Ltd.
Desert Growing
Greenhouse Megastore (BFG Supply)
GreenTech Agro LLC
Growlink, Inc.
Heliospectra AB
Hort Americas, LLC
Logigs BV
Lumigrow Inc.
Netafim Limited
Nexus Corporation
Prospera Technologies
Pure Harvest Smart Farms, Ltd.
Rough Brothers Inc. (Gibraltar Industries INC.)
Sensaphone 
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)