CANADA SMART GREENHOUSE MARKET FORECAST 2021-2026

The Canada smart greenhouse market is predicted to grow with a CAGR of 8.22%, during the forecast years. The country’s market growth is essentially driven by the increasing prevalence of vertical farming, and the rising importance of food safety. The base year considered for the market study is 2020, while the forecast period is from 2021 to 2026.

canada-smart-greenhouse-market

The technology associated with vertical farming was initially developed with the intent of space travel. In an attempt to reduce the number of materials and real estate required for interplanetary travelers to grow food during extensive and long trips, researchers discovered that the technology could work on Earth, as well. As a result, vertical farming has been turning into a functional reality, despite the seemingly futuristic possibilities, particularly in southern Ontario, Canada. The new vertical farm in Welland’s Industrial Zone practices a high-tech approach of growing food indoors and experienced its first harvest in 2020. According to proponents, the method also saves energy and helps enhance food safety and security. 

On the other hand, the new Canadian ag-tech company, named Local Leaf Farms, officially inaugurated its first vertical farming facility in June 2020, thereby establishing itself as a firm prepared to transform the country’s food industry. Hence, these factors are expected to supplement the country’s market growth during the forecast years.

Argus Control Systems Limited develops control systems for greenhouses, in addition to other protected horticultural environments, irrigation systems, and nutrient management. Its systems are used in commercial horticulture, cannabis, research facilities, and custom control applications, worldwide. As a subsidiary of Conviron, the company is a leader in terms of manufacturing, designing, and installing controlled environment systems. 

TABLE OF CONTENTS
  1. RESEARCH SCOPE & METHODOLOGY
    1. STUDY OBJECTIVES
    2. SCOPE OF STUDY
    3. METHODOLOGY
    4. ASSUMPTIONS & LIMITATIONS
  2. EXECUTIVE SUMMARY
    1. MARKET SIZE & ESTIMATES
    2. MARKET OVERVIEW
  3. MARKET DYNAMICS
    1. KEY DRIVERS
    2. KEY RESTRAINTS
  4. KEY ANALYTICS
    1. IMPACT OF COVID-19 ON SMART GREENHOUSE MARKET
    2. KEY INVESTMENT INSIGHTS
    3. PORTER’S FIVE FORCE ANALYSIS
      1. BUYER POWER
      2. SUPPLIER POWER
      3. SUBSTITUTION
      4. NEW ENTRANTS
      5. INDUSTRY RIVALRY
    4. OPPORTUNITY MATRIX
    5. VENDOR LANDSCAPE
  5. MARKET BY TYPE
    1. HYDROPONIC
    2. NON-HYDROPONIC
  6. MARKET BY PRODUCT
    1. COMMERCIAL GROWERS
    2. RESEARCH & EDUCATIONAL INSTITUTES
    3. RETAIL GARDENS
    4. OTHERS
  7. MARKET BY COMPONENT
    1. HVAC SYSTEMS
    2. LED GROW LIGHTS
    3. IRRIGATION SYSTEMS
    4. VALVES & PUMPS
    5. SENSOR & CONTROL SYSTEMS
    6. OTHERS
  8. COMPETITIVE LANDSCAPE
    1. KEY STRATEGIC DEVELOPMENTS
      1. MERGER & ACQUISITIONS
      2. PRODUCT LAUNCH & DEVELOPMENTS
      3. PARTNERSHIP, CONTRACT/AGREEMENT & COLLABORATION
      4. BUSINESS EXPANSION
    2. COMPANY PROFILES
      1. ARGUS CONTROL SYSTEMS LIMITED
      2. CERTHON
      3. GREENTECH AGRO LLC
      4. HELIOSPECTRA AB
      5. HORT AMERICAS
      6. LUMIGROW
      7. NETAFIM
      8. ROUGH BROTHERS INC
      9. SENSAPHONE
LIST OF TABLES

TABLE 1: MARKET SNAPSHOT - SMART GREENHOUSE

TABLE 2: CANADA SMART GREENHOUSE MARKET, BY TYPE, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 3: CANADA SMART GREENHOUSE MARKET, BY TYPE, FORECAST YEARS, 2021-2026 (IN $ MILLION)

TABLE 4: CANADA SMART GREENHOUSE MARKET, BY PRODUCT, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 5: CANADA SMART GREENHOUSE MARKET, BY PRODUCT, FORECAST YEARS, 2021-2026 (IN $ MILLION)

TABLE 6: CANADA SMART GREENHOUSE MARKET, BY COMPONENT, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)

TABLE 7: CANADA SMART GREENHOUSE MARKET, BY COMPONENT, FORECAST YEARS, 2021-2026 (IN $ MILLION)

LIST OF FIGURES

FIGURE 1: KEY INVESTMENT INSIGHTS

FIGURE 2: PORTER’S FIVE FORCE ANALYSIS

FIGURE 3: OPPORTUNITY MATRIX

FIGURE 4: VENDOR LANDSCAPE

FIGURE 5: CANADA SMART GREENHOUSE MARKET, GROWTH POTENTIAL, BY TYPE, IN 2020

FIGURE 6: CANADA SMART GREENHOUSE MARKET, BY HYDROPONIC, 2021-2026 (IN $ MILLION)

FIGURE 7: CANADA SMART GREENHOUSE MARKET, BY NON-HYDROPONIC, 2021-2026 (IN $ MILLION)

FIGURE 8: CANADA SMART GREENHOUSE MARKET, GROWTH POTENTIAL, BY PRODUCT, IN 2020

FIGURE 9: CANADA SMART GREENHOUSE MARKET, BY COMMERCIAL GROWERS, 2021-2026 (IN $ MILLION)

FIGURE 10: CANADA SMART GREENHOUSE MARKET, BY RESEARCH & EDUCATIONAL INSTITUTES, 2021-2026 (IN $ MILLION)

FIGURE 11: CANADA SMART GREENHOUSE MARKET, BY RETAIL GARDENS, 2021-2026 (IN $ MILLION)

FIGURE 12: CANADA SMART GREENHOUSE MARKET, BY OTHERS, 2021-2026 (IN $ MILLION)

FIGURE 13: CANADA SMART GREENHOUSE MARKET, GROWTH POTENTIAL, BY COMPONENT, IN 2020

FIGURE 14: CANADA SMART GREENHOUSE MARKET, BY HVAC SYSTEMS, 2021-2026 (IN $ MILLION)

FIGURE 15: CANADA SMART GREENHOUSE MARKET, BY LED GROW LIGHTS, 2021-2026 (IN $ MILLION)

FIGURE 16: CANADA SMART GREENHOUSE MARKET, BY IRRIGATION SYSTEMS, 2021-2026 (IN $ MILLION)

FIGURE 17: CANADA SMART GREENHOUSE MARKET, BY VALVES & PUMPS, 2021-2026 (IN $ MILLION)

FIGURE 18: CANADA SMART GREENHOUSE MARKET, BY SENSOR & CONTROL SYSTEMS, 2021-2026 (IN $ MILLION)

FIGURE 19: CANADA SMART GREENHOUSE MARKET, BY OTHERS, 2021-2026 (IN $ MILLION)

Request For A Free Sample