Smart Indoor Farming Market – Industry Trends, Market Revenue, Demand Rate, Regional Outlook, Opportunity Analysis and Forecast to 2028
The Smart Indoor Farming market is expected to be growing at a growth rate of 9.1% in the forecast period of 2021 to 2028. The increasing consumer awareness regarding the advantages of consuming fresh and high-quality food will act as a driving factor for the growth of the smart indoor farming market.
This smart indoor farming market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the smart indoor farming market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
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Smart Indoor Farming Market Scope and Market Size
The
smart indoor farming market is segmented on the basis of growing system,
facility type, component and
crop type. The growth among segments helps you analyse niche pockets of growth
and strategies to approach the market and determine your core application areas
and the difference in your target markets.
·
On the basis of growing system, indoor farming market is
segmented into aeroponics, hydroponics, aquaponics, soil-based and hybrid.
·
On the basis of facility type, indoor farming market is
segmented into glass or poly greenhouses, indoor vertical farms, container
farms and indoor deep water culture (DWC) systems.
·
On the basis of component, indoor farming market is segmented
into hardware, and
software and services. Hardware is further sub segmented into climate control
systems, lighting systems, communication systems, sensors, system controls,
irrigation systems and others.
·
On the basis of crop type, indoor farming market is segmented
into fruits and vegetables, herbs and microgreens, flowers and ornamentals and
others. Fruits and vegetables are further sub segmented into leafy greens,
tomato, strawberry, eggplant and others. Leafy greens are further sub segmented
into lettuce, kale, spinach and others. Herbs and microgreens are further sub
segmented into basil, herbs, tarragon and wheatgrass. Flowers and ornamentals
are further sub segmented into perennials, annuals and ornamentals.
Smart
Indoor Farming Market
Share Analysis
The smart indoor farming
market competitive landscape provides details by competitor. Details
included are company overview, company financials, revenue generated, market
potential, investment in research and development, new market initiatives,
global presence, production sites and facilities, production capacities,
company strengths and weaknesses, product launch, product width and breadth,
application dominance. The above data points provided are only related to the
companies’ focus related to smart indoor farming market.
The
major players covered in the smart indoor farming market report are LOGIQS
B.V., Illumitex, Vertical Farm Systems, Hydrodynamics International., GENERAL
HYDROPONICS, Certhon., Dalsem, RICHEL Group, AMHYDRO, Harnois Industries Inc
(Les), Urban Crop Solutions, Agrilution, Green Sense Farms Holdings, Inc.,
Signify Holding., EVERLIGHT ELECTRONICS CO., LTD., Argus Controls Systems
Limited., NETAFIM, LumiGrow Inc., Scotts Miracle-Gro Company, Advanced
Nutrients Ltd., among other domestic and global players. Market share data is
available for global, North America, Europe, Asia-Pacific (APAC), Middle East
and Africa (MEA) and South America separately. DBMR analysts understand
competitive strengths and provide competitive analysis for each competitor
separately.
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Smart
Indoor Farming Market
Country Level Analysis
The
smart indoor farming market is analysed and market size, volume information is
provided by country, growing system, facility type, component and
crop type as referenced above.
The
countries covered in the smart indoor farming market report are the U.S.,
Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K.,
France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe
in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia,
Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific
(APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a
part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa,
Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Europe
dominates the smart indoor farming market due to the increase in the acceptance
of technologies concerning to indoor farms. Furthermore, the rise in the
attention on accepting technologies to enhance the yield and the various initiatives
undertaken by the governments for building indoor farms with the aim of
overcoming the increase in the population, changes in the climate and food
production will further boost the growth of the smart indoor farming market in
the region during the forecast period. Asia Pacific is projected to observe
significant amount of growth in the smart indoor farming market due to the
occurrence of a large number of indoor farms. Moreover, the constant increase
in the population has in turn heightened the demand for organic food which is
further anticipated to propel the growth of the smart indoor farming market in
the region in the coming years.
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