Research and Markets (http://www.researchandmarkets.com/research/92sxhn/global_smart) has announced the addition of the "Global Smart Greenhouse Market - By Type, Technology, Regions - Market Size, Demand Forecasts, Industry Trends and Updates (2014- 2020)" report to their offering.

The global smart greenhouse market was 648.07 million USD in 2014 and is estimated to reach 1.43 billion USD growing at a rate (CAGR) of 14.1% for the forecasted period.

A greenhouse is regarded as a glasshouse where plants are grown in a controlled environment. It is a structure which catches solar radiations and provides suitable environment for the growth of plants. Smart greenhouse is a farming technique in which cultivation of crops are done without a requirement of human intervention. In recent time, the traditional agriculture techniques are slowly being replaced with automated urban farming methods.

Europe has the largest market share of smart greenhouse market in 2014. The growth in this region is a result of adoption of smart greenhouse technology. However, Asia pacific is projected to witness a strong growth during the forecast period as a result of growing population and rising economies in the region. Moreover, growing urbanization in these regions is as well aiding the market growth.

Rising demand for increase in energy efficiency from the customers is creating the need for the use of smart farming techniques, thus driving the market. Added to this, the smart greenhouse market is projected to see a robust increase during the forecast period owing to the rising population. Major constraint, however, for this market is high capex for setting up smart greenhouses.

Emerging vertical farming techniques in urban regions is generating various new opportunities for various players in the market. Moreover, increasing demand for advanced smart greenhouse farming technologies is also paving new chances in smart greenhouse market. During a forecast period, overall smart greenhouse market is expected to see a strong growth during the forecast period.

Key Topics Covered:

1. Research Methodology

2. Executive Summary

3. Market Overview

4. Market Dynamics

5. Global smart greenhouse market Segmentation, Forecasts and Trends - by Revenue

6. Company Profiles

7. Industry Structure

8. Global smart greenhouse market - Road Ahead

Companies Mentioned

- Argus Control System Ltd.

- Certhon

- Greentech Agro LLC

- Heliospectra AB

- Hort Americas

- Logiqs B.V.

- Lumigrow, Inc.

- Nexus Corporation

- Rough Brothers Inc.

- Terrasphere Systems, LLC

For more information visit http://www.researchandmarkets.com/research/92sxhn/global_smart