Thailand Smart Greenhouse Market (2024-2030) | Size, Revenue, Industry, Companies, Trends, Share, Value, Forecast, Analysis & Growth

Topics Covered in Thailand Smart Greenhouse Market Report

Thailand Smart Greenhouse Market Report thoroughly covers the market by type, offerings, and end-user. Thailand Smart Greenhouse Market Outlook report provides an unbiased and detailed analysis of the ongoing Thailand Smart Greenhouse Market trends, opportunities/high growth areas, and market drivers. This would help stakeholders devise and align their market strategies according to the current and future market dynamics.

Thailand Smart Greenhouse Market Synopsis

Thailand’s smart greenhouse market has seen substantial growth, driven by efforts to modernize agriculture and enhance productivity. Initiatives like Farming 4.0 provide education and technical training for farmers, enabling the adoption of technologies such as drones and IoT sensors. The Bio-Circular-Green Economic Model (BCG) further supports sustainable growth by promoting innovation aligned with the UN’s Sustainable Development Goals (SDGs). This transformation is supported by investments from farms and companies like in 2022 VLove Farm cultivating leafy greens and vine crops by using green house and Green House Energrow, which operates a 100-hectare cannabis cultivation facility, featuring advanced polycarbonate greenhouses and climate-controlled glasshouses. Additionally, AIT in 2023, unveiled a cutting-edge smart greenhouse incorporating IoT and AI technologies, revolutionizing sustainable agriculture. These initiatives are driving technological advancements and promoting sustainable farming practices, accelerating smart greenhouse market growth.

According to 6Wresearch, Thailand Smart Greenhouse Market revenue is projected to grow at a CAGR of 8.9% during 2024-2030F. Thailand’s smart greenhouse market is poised for substantial growth, fueled by strategic investments, government support, and modernization of agricultural practices. In 2024, Turnkey Communication Services (TKC) launched the “Smart Hydroponic Greenhouse” project, utilizing IoT technology in a 12x6 meter facility to enhance crop quality and sustainability, setting a benchmark for smart farming. This initiative aligns with Thailand’s 20-year agriculture strategy (2017–2036), which emphasizes smart farming for increased productivity and sustainability. Additionally, in 2024, Distar Fresh’s government-supported vertical farm and greenhouse complex, starting with leafy greens and expanding to 620 tons annually, including strawberries, exemplifies the shift towards sustainable farming. Together, these initiatives promote innovation, resource efficiency, and the widespread adoption of smart greenhouse technologies, driving market growth and transforming Thailand’s agricultural sector.

Market Segmentation By Type

Hydroponics is expected to see the highest growth by type due to its ability to enable year-round crop production with space and soil. Its efficiency in nutrient delivery supports higher yields, especially for leafy greens and herbs. Rising urban farming trends and increasing demand for fresh, locally grown produce are driving growth in the food and retail sectors.

Market Segmentation By Offerings

By offerings, hardware is projected to have the highest growth rate due to the increasing demand for advanced systems like automated irrigation, climate control, and energy-efficient lighting in smart greenhouses. These technologies are essential for optimizing crop production and sustainability. The growing focus on large-scale commercial farming and the push for precision agriculture in the food and agriculture sectors are driving this growth.

Market Segmentation By End-User

By end-user, commercial growers are set to experience the highest growth rate due to their need for large-scale, efficient production systems to meet increasing market demands. The use of smart greenhouse technologies helps optimize resource use and reduce operational costs. Growth in the export market for high-value crops, such as herbs and vegetables, is driving adoption in the agriculture and retail sectors.

Key Attractiveness of the Report

• 10 Years Market Numbers.
• Historical Data Starting from 2020 to 2023.
• Base Year: 2023
• Forecast Data until 2030.
• Key Performance Indicators Impacting the Market.
• Major Upcoming Developments and Projects.

Key Highlights of the Report:

• Thailand Smart Greenhouse Market Overview
• Thailand Smart Greenhouse Market Outlook
• Thailand Smart Greenhouse Market Forecast
• Historical Data and Forecast of Thailand Smart Greenhouse Market Revenues, for the Period 2020-2030F
• Historical Data and Forecast of Thailand Smart Greenhouse Market Revenues, By Type, for the Period 2020-2030F
• Historical Data and Forecast of Thailand Smart Greenhouse Market Revenues, By Offering, for the Period 2020-2030F
• Historical Data and Forecast of Thailand Smart Greenhouse Market Revenues, By End-User, for the Period 2020-2030F
• Thailand Smart Greenhouse Market Revenue Ranking, By Companies
• Thailand Smart Greenhouse Market Drivers and Restraints
• Thailand Smart Greenhouse Market Porters Five Forces
• Thailand Smart Greenhouse Market Opportunity Assessment
• Competitive Benchmarking
• Company Profiles
• Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

By Type

• Hydroponics
• Non-Hydroponics

By Offering

• Hardware
  • Components
    • HVAC Systems
    • LED Grow Lights
    • Irrigation Systems
    • Sensor and Control Systems
    • Valves and Pumps
  • Covering Material
    • Polyethylene
    • Polycarbonate
    • Others (Fiberglass, Acrylic, PVC etc.)
• Software & Services

By End-user

• Commercial Growers
• Research & Educational Institutes
• Retail Gardens
• Others (Export Oriented Farms, Aquaponics Farmers etc.)