Indoor Farming Technology Market- FORECAST TO 2025 TOP KEY PLAYERS ARE Philips Lighting,Argus Controls Systems, Netafim,LumigrowLogiqs B.V.,Illumitex,Vertical Farm Systems etc.

Databridge Market Research has published a new report titled “Indoor Farming Technology Market by Growing System (Hydroponics, Aeroponics, Aquaponics, Soil-based, and Hybrid), by Components (Hardware and Software & Services), by Facility Type (Glass or Poly Greenhouses, Container Farms, Indoor Vertical Farms, and Indoor Deep Water Culture (DWC) Systems), and by Crop Type (Fruits & Vegetables, Herbs & microgreens, Flowers & Ornamentals, and Other Crop Types): Global Industry Perspective, Comprehensive Analysis and Forecast, 2018– 2025”.

According to the report, The indoor farming technology market was valued at USD 39.8 billion in 2017 and is expected to reach USD 41.0 billion in 2025, growing at a healthy CAGR of 9.6% for the forecast period of 2018 to 2025

The report " Indoor Farming Technology Market by Growing System (Hydroponics, Aeroponics, Aquaponics, Soil-based, Hybrid), Facility Type, Component, Crop Type (Fruits & Vegetables, Herbs & Microgreens, Flowers & Ornamentals), and Region - Global Forecast to 2022",

.This report  focuses on the indoor farming technology market status, future forecast, growth opportunity, key market and key players. The study objectives are to present focuses on the indoor farming technology market  in United States, Europe and China.

Objectives of the Study
• Data collection and base year analysis is done using data collection modules with large sample sizes.
• The market data is analyzed and forecasted using market statistical and coherent models.
• Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.

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Market Definition: Indoor farming technology is a method of growing crops or plants entirely inside the house using various technologies. This farming methodology includes growing system such as aeroponics, soil-based, aquaponics and hybrid technologies to provide artificial lights for growing plants with the nutrients. Indoor farming technology can be used in home and commercially on both small and large scales. This technology is being used to grow fruits & vegetables, herbs & microgreens flowers & ornamentals.
Key Players:
The renowned players in the market are:-

  • Everlight Electronics
  • Philips Lighting
  • Argus Controls Systems
  • Netafim
  • LumigrowLogiqs B.V.,
  • Illumitex,
  • Vertical Farm Systems,

Hydrodynamics International, General Hydroponics, Certhon, Dalsem, Richel Group, American Hydroponics, Harnois Greenhouses, Richel Group, Urban Crop Solutions, Vertical Farm Systems, Agrilution GmbH, Green Sense Farms, American Hydro Phonics, and many more.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary 

4 Premium Insights
4.1 Attractive Opportunities in the Indoor Farming Technology Market
4.2 European Indoor Farming Technology Market, By Crop Type and Country
4.3 Indoor Farming Technology Market, By Growing System & Region
4.4 Indoor Farming Technology Market, By Key Country
4.5 Indoor Farming Technology Market, By Region

5 Market Overview
5.1 Introduction
5.2 Macroeconomic Indicators
5.2.1 Rise in Global Population and Food Requirements
5.2.2 Decline in Per Capita Arable Land
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Rise in Demand for Fresh Foods With Higher Nutritive Value
5.3.1.2 Need for Higher Yields Using Limited Space and Water
5.3.1.3 Lesser Impact of External Weather Conditions
5.3.2 Restraints
5.3.2.1 High Initial Investments
5.3.2.2 Limitations on the Type of Crops That Can Be Grown
5.3.3 Opportunities
5.3.3.1 Development of Innovative and Cost-Effective Technologies
5.3.3.2 Production of Biopharmaceutical Products
5.3.4 Challenges
5.3.4.1 Lack of Adequate Funding
5.3.4.2 Shortage in the Availability of Skilled Work-Force
5.4 Regulatory Framework
5.5 Patent Analysis
5.5.1 List of Major Patents

Future opportunities for indoor farming technology

According to databridge market research, the cultivation of crops such as tobacco and cannabis for large-scale production of biopharmaceutical proteins is a recent development in indoor vertical farming. Biopharmaceuticals are proteins or compounds produced by a living organism, used for diagnostic and therapeutic purposes in human or animal health. Conventional methods of manufacturing biopharmaceuticals involve the usage of organisms that are highly expensive

Research Methodology:

Major regions were identified along with countries contributing the maximum share.

Secondary research was conducted to determine the value of indoor farming technology market for five regions—North America, Europe, Asia Pacific, South America, and RoW.

The key players have been identified through secondary sources such as the US Department of Agriculture (USDA), the National Greenhouse Manufacturers Association (NGMA), the Foundation for the Development of Controlled Environment Agriculture (FDCEA), and the Environmental Protection Agency (EPA), while their market share in respective regions has been determined through both, primary and secondary research. The research methodology includes the study of annual and financial reports of top market players as well as interviews with industry experts (such as CEOs, VPs, directors, and marketing executives) for key insights (both quantitative and qualitative) for the indoor farming technology market.

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Segmentation: Global Indoor Farming Technology Market

By Growing System

  • Aeroponics
  • Hydroponics
  • Aquaponics
  • Soil-Based
  • Hybrid

By Component

  • Hardware
  • Climate Control Systems
  • Sensors
  • System Controls
  • Lighting Systems
  • Communication Systems
  • Irrigation Systems
  • Others
  • Software & Services

By Facility Type

  • Glass Or Poly Greenhouses
  • Container Farms
  • Indoor Vertical Farms
  • Indoor Deep Water Culture (DWC) Systems

By Crop Type

  • Fruits & Vegetables
  • Leafy Greens
  • Tomato
  • Strawberry
  • Eggplant
  • Others
  • Herbs & Microgreens
    • Basil
    • Herbs
    • Tarragon
    • Wheatgrass
  • Flowers & Ornamentals
  • Perennials Flowers
  • Annuals Flowers
  • Ornamentals
  • Other Crops

By End-User

  • Large enterprises
  • Small and Medium Enterprises (SMEs)

By Geography

  • North America
    • Canada,
    • Mexico
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Turkey
    • Belgium
    • Netherlands
    • Switzerland
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • South Korea
    • India
    • Australia
    • Singapore
    • Thailand
    • Malaysia
    • Indonesia
    • Philippines
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Rest of South America
  • Middle East & Africa
    • South Africa
    • Rest of MEA

 
Analysis Based on
• What was the market size in 2018?
• What are the moves of key players?
• Which region is leading the market at global level?
• A comprehensive/competitive analysis of the market?
• Strategies of key players and product offerings

Scope of the Report:
The research report categorizes Global Indoor Farming Technology Market into the following segments and subsegments:
Available Customizations
With the given market data, We offers customizations as per the company’s specific needs. The following customization options are available for the report:
Product Analysis
• Product matrix, which gives a detailed comparison of the product portfolios of each company
Company Information
• Detailed analysis and profiling of additional market players

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Competitive Analysis:
The global indoor farming technology market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of cybersecurity as a service market for global, Europe, North America, Asia-Pacific, South America, and Middle East & Africa.

About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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Posted by on Friday January 18 2019, 12:02 PM EDT. All trademarks acknowledged. Filed under Business & Financial Services, Business Services. Comments and Trackbacks closed. Follow responses: RSS 2.0

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