Global indoor farming technology market size study, by growing system (aeroponics, hydroponics, aquaponics, soil-based and hybrid) Facility type (glass or poly greenhouses, indoor vertical farms, container farms and indoor deep-water culture (DWC) systems), Component (hardware and software & services), Crop Type (fruits & vegetables, herbs & microgreens, flowers & ornamentals and others) and Regional Forecasts 2018-2025.

  • Report Code : BIZ397294
  • Published On: Mar, 2019
  • Category : Agriculture
  • Pages : 200

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  • Global indoor farming technology market to reach USD 53.1 billion by 2025.

    Global indoor farming technology market is valued approximately USD 25.40 billion in 2017 and is anticipated to grow with a healthy growth rate of more than 9.65 % over the forecast period 2018-2025. Rising need for higher yields using limited water and space is key trend that are responsible for the wide adoption of indoor farming technology globally. Moreover, production of biopharmaceutical products offers lucrative growth opportunities for the global indoor farming market over the forecast period of 2018-2025.

    Global indoor farming technology market is significantly driven by growing demand for fresh foods with higher nutritive value. According to the IIFT, a research conducted by Euromonitor International reveals that in 2016, global demand for fresh food increased by 3% in terms of volume. Also, Asia-Pacific and Middle East experienced the growth owing to the disposable budgets and growing population. In China, sales of fresh organics increased approximately 30% in 2016. In addition, broader availability of organic fresh foods through online companies, store-based retailers and direct sellers made it easier for consumer to adopt fresh organic foods. Thus, growing demand for fresh foods is likely to increase the demand for indoor farming considering availability of low space in developed countries. As a result, the demand & adoption of indoor farming technology would increase thereby, aiding the growth of the market over the forecast period. However, high initial investments and limitations on the types of crops that can be grown are the major factors that impede the growth of global indoor farming technology market.

    On the basis of segmentation, the indoor farming technology market is segmented into growing system, facility type, component and crop type. The growing segment of global indoor farming technology market is classified into aeroponics, hydroponics, aquaponics, soil-based and hybrid of which hydroponics holds the largest market share in terms of revenue owing to application of hydroponics growth mechanism helps to mitigate most of risks such as limited space in urban areas and low availability of water and it provides ample fresh produce. The facility type segment includes glass or poly greenhouses, indoor vertical farms, container farms and indoor deep-water culture (DWC) systems of which glass or poly greenhouses segment holds the leading position as area under greenhouse cultivation is larger as compared to indoor vertical farms. Based on component segment the market is segmented into hardware and software & services. On the basis of crop type segment, global indoor farming market is segmented into fruits & vegetables, herbs & microgreens, flowers & ornamentals and others.

    The regional analysis of indoor farming technology market is considered for the key regions such as North America, Europe, Asia Pacific, Latin America and ROW. Asia-Pacific have occupied major share in the global indoor farming technology market. The major reasons for the dominance of Asia-Pacific are growth in the number of indoor farms in countries such as China and Japan. Whereas, Asia-Pacific is expected to emerge as the fastest growing region in terms of market share. The growth of Asia-Pacific region is witnessed owing to climate variations in this region.

    The leading market players include-

    Philips Lighting

    Everlight Electronics

    Argus Controls Systems

    Netafim

    Lumigrow

    Logiqs

    Illumitex

    Vertical Farm Systems

    Hydrodynamics International

    General Hydroponics

    The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-
    segment of the market are explained below:

    By Growing system:

    Aeroponics

    Hydroponics

    Aquaponics

    Soil-Based

    Hybrid

    By Facility Type:

    Glass or Poly Greenhouses

    Indoor Vertical Farms

    Container Farms

    Indoor Deep-Water Culture (DWC) systems

    By Component:

    Hardware

    o Climate Control Systems

    o Lighting Systems

    o Communication Systems

    o Sensors

    o System Controls

    o Irrigation Systems

    o Software & Services

    Equipment

    By Crop Type:

    Fruits & Vegetables

    o Leafy Greens

    o Tomato

    o Strawberry

    o Eggplant

    Herbs & Microgreens

    o Basil

    o Herbs

    o Tarragon

    o Wheatgrass

    Flowers & Ornamentals

    o Perennials

    o Annuals

    o Ornamentals

    Others

    By Regions:

    North America

    o U.S.

    o Canada

    Europe

    o UK

    o Germany

    o ROE

    Asia Pacific

    o China

    o India

    o Japan

    o ROAPEC

    LAMEA

    o Brazil

    o Mexico

    ROW

    o Middle East & Africa


    Furthermore, years considered for the study are as follows:

    Historical year – 2015, 2016

    Base year – 2017

    Forecast period – 2018 to 2025

    Target Audience of the Global Indoor Farming Technology Market in Market Study:

    Key Consulting Companies & Advisors

    Large, medium-sized, and small enterprises

    Venture capitalists

    Value-Added Resellers (VARs)

    Third-party knowledge providers

    Investment bankers

    Investors

     

  • With tables and figures helping analyze worldwide Global indoor farming technology market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

    TABLE OF CONTENTS
    Chapter 1. Global Indoor Farming Technology Market Definition and Scope
    1.1. Research Objective
    1.2. Market Definition
    1.3. Scope of The Study
    1.4. Years Considered for The Study
    1.5. Currency Conversion Rates
    1.6. Report Limitation
    Chapter 2. Research Methodology
    2.1. Research Process
    2.1.1. Data Mining
    2.1.2. Analysis
    2.1.3. Market Estimation
    2.1.4. Validation
    2.1.5. Publishing
    2.2. Research Assumption
    Chapter 3. Executive Summary
    3.1. Global & Segmental Market Estimates & Forecasts, 2015-2025 (USD Billion)
    3.2. Key Trends
    Chapter 4. Global Indoor Farming Technology Market Dynamics
    4.1. Growth Prospects
    4.1.1. Drivers
    4.1.2. Restraints
    4.1.3. Opportunities
    4.2. Industry Analysis
    4.2.1. Porter’s 5 Force Model
    4.2.2. PEST Analysis
    4.2.3. Value Chain Analysis
    4.3. Analyst Recommendation & Conclusion
    Chapter 5. Global Indoor Farming Technology Market, By Growing system
    5.1. Market Snapshot
    5.2. Market Performance - Potential Model
    5.3. Global Indoor Farming Technology Market, Sub Segment Analysis
    5.3.1. Aeroponics
    5.3.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
    5.3.1.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
    5.3.2. Hydroponics
    5.3.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)
    5.3.2.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
    5.3.3. Aquaponics
    5.3.3.1. Market estimates & forecasts, 2015-2025 (USD Billion)
    5.3.3.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
    5.3.4. Soil-Based
    5.3.4.1. Market estimates & forecasts, 2015-2025 (USD Billion)
    5.3.4.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
    5.3.5. Hybrid
    5.3.5.1. Market estimates & forecasts, 2015-2025 (USD Billion)
    5.3.5.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
    Chapter 6. Global Indoor Farming Technology Market, By Facility Type
    6.1. Market Snapshot
    6.2. Market Performance - Potential Model
    6.3. Global Indoor Farming Technology Market, Sub Segment Analysis
    6.3.1. Glass Or Poly Greenhouses
    6.3.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
    6.3.1.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
    6.3.2. Indoor Vertical Farms
    6.3.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)
    6.3.2.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
    6.3.3. Container Farms
    6.3.3.1. Market estimates & forecasts, 2015-2025 (USD Billion)
    6.3.3.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
    6.3.4. Indoor Deep Water Culture (DWC) systems
    6.3.4.1. Market estimates & forecasts, 2015-2025 (USD Billion)
    6.3.4.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
    Chapter 7. Global Indoor Farming Technology Market, By Component
    7.1. Market Snapshot
    7.2. Market Performance - Potential Model
    7.3. Global Indoor Farming technology Market, Sub Segment Analysis
    7.3.1. Hardware
    7.3.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
    7.3.1.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
    7.3.1.3. Market sub-segments
    7.3.1.3.1. Climate Control Systems
    7.3.1.3.2. Lighting Systems
    7.3.1.3.3. Communication Systems
    7.3.1.3.4. Sensors
    7.3.1.3.5. System Controls
    7.3.1.3.6. Irrigation Systems
    7.3.2. Software & Services
    7.3.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)
    7.3.2.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
    Chapter 8. Global Indoor Farming Technology Market, By Crop Type
    8.1. Market Snapshot
    8.2. Market Performance - Potential Model
    8.3. Global Indoor Farming Technology Market, Sub Segment Analysis
    8.3.1. Fruits & Vegetables
    8.3.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
    8.3.1.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
    8.3.1.3. Market subsegment
    8.3.1.3.1. Leafy Greens
    8.3.1.3.2. Tomato
    8.3.1.3.3. Strawberry
    8.3.1.3.4. Eggplant
    8.3.2. Herbs & Microgreens
    8.3.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)
    8.3.2.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
    8.3.2.3. Market subsegments
    8.3.2.3.1. Basil
    8.3.2.3.2. Herbs
    8.3.2.3.3. Tarragon
    8.3.2.3.4. Wheatgrass
    8.3.3. Flowers & Ornamentals
    8.3.3.1. Market estimates & forecasts, 2015-2025 (USD Billion)
    8.3.3.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
    8.3.3.3. Market subsegments
    8.3.3.3.1. Perennials
    8.3.3.3.2. Annuals
    8.3.3.3.3. Ornamentals
    8.3.4. Others
    8.3.4.1. Market estimates & forecasts, 2015-2025 (USD Billion)
    8.3.4.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
    Chapter 9. Global Indoor Farming Technology Market, by Regional Analysis
    9.1. Indoor Farming technology Market, Regional Market Snapshot (2015-2025)
    9.2. North America Indoor Farming technology Market Snapshot
    9.2.1. U.S.
    9.2.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
    9.2.1.2. Growing system breakdown estimates & forecasts, 2015-2025 (USD Billion)
    9.2.1.3. Facility type breakdown estimates & forecasts, 2015-2025 (USD Billion)
    9.2.1.4. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
    9.2.1.5. Crop type breakdown estimates & forecasts, 2015-2025 (USD Billion)
    9.2.2. Canada
    9.2.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)
    9.2.2.2. Growing system breakdown estimates & forecasts, 2015-2025 (USD Billion)
    9.2.2.3. Facility type breakdown estimates & forecasts, 2015-2025 (USD Billion)
    9.2.2.4. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
    9.2.2.5. Crop type breakdown estimates & forecasts, 2015-2025 (USD Billion)
    9.3. Europe Indoor Farming technology Market Snapshot
    9.3.1. U.K.
    9.3.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
    9.3.1.2. Growing system breakdown estimates & forecasts, 2015-2025 (USD Billion)
    9.3.1.3. Facility type breakdown estimates & forecasts, 2015-2025 (USD Billion)
    9.3.1.4. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
    9.3.1.5. Crop type breakdown estimates & forecasts, 2015-2025 (USD Billion)
    9.3.2. Germany
    9.3.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)
    9.3.2.2. Growing system breakdown estimates & forecasts, 2015-2025 (USD Billion)
    9.3.2.3. Facility type breakdown estimates & forecasts, 2015-2025 (USD Billion)
    9.3.2.4. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
    9.3.2.5. Crop type breakdown estimates & forecasts, 2015-2025 (USD Billion)
    9.3.3. Rest of Europe
    9.3.3.1. Market estimates & forecasts, 2015-2025 (USD Billion)
    9.3.3.2. Growing system breakdown estimates & forecasts, 2015-2025 (USD Billion)
    9.3.3.3. Facility type breakdown estimates & forecasts, 2015-2025 (USD Billion)
    9.3.3.4. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
    9.3.3.5. Crop type breakdown estimates & forecasts, 2015-2025 (USD Billion)
    9.4. Asia Indoor Farming technology Market Snapshot
    9.4.1. China
    9.4.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
    9.4.1.2. Growing system breakdown estimates & forecasts, 2015-2025 (USD Billion)
    9.4.1.3. Facility type breakdown estimates & forecasts, 2015-2025 (USD Billion)
    9.4.1.4. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
    9.4.1.5. Crop type breakdown estimates & forecasts, 2015-2025 (USD Billion)
    9.4.2. India
    9.4.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)
    9.4.2.2. Growing system breakdown estimates & forecasts, 2015-2025 (USD Billion)
    9.4.2.3. Facility type breakdown estimates & forecasts, 2015-2025 (USD Billion)
    9.4.2.4. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
    9.4.2.5. Crop type breakdown estimates & forecasts, 2015-2025 (USD Billion)
    9.4.3. Japan
    9.4.3.1. Market estimates & forecasts, 2015-2025 (USD Billion)
    9.4.3.2. Growing system breakdown estimates & forecasts, 2015-2025 (USD Billion)
    9.4.3.3. Facility type breakdown estimates & forecasts, 2015-2025 (USD Billion)
    9.4.3.4. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
    9.4.3.5. Crop type breakdown estimates & forecasts, 2015-2025 (USD Billion)
    9.4.4. Rest of Asia Pacific
    9.4.4.1. Market estimates & forecasts, 2015-2025 (USD Billion)
    9.4.4.2. Growing system breakdown estimates & forecasts, 2015-2025 (USD Billion)
    9.4.4.3. Facility type breakdown estimates & forecasts, 2015-2025 (USD Billion)
    9.4.4.4. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
    9.4.4.5. Crop type breakdown estimates & forecasts, 2015-2025 (USD Billion)
    9.5. Latin America Indoor Farming technology Market Snapshot
    9.5.1. Brazil
    9.5.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
    9.5.1.2. Growing system breakdown estimates & forecasts, 2015-2025 (USD Billion)
    9.5.1.3. Facility type breakdown estimates & forecasts, 2015-2025 (USD Billion)
    9.5.1.4. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
    9.5.1.5. Crop type breakdown estimates & forecasts, 2015-2025 (USD Billion)
    9.5.2. Mexico
    9.5.2.1. Market estimates & forecasts, 2015-2025 (USD Billion)
    9.5.2.2. Growing system breakdown estimates & forecasts, 2015-2025 (USD Billion)
    9.5.2.3. Facility type breakdown estimates & forecasts, 2015-2025 (USD Billion)
    9.5.2.4. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
    9.5.2.5. Crop type breakdown estimates & forecasts, 2015-2025 (USD Billion)
    9.6. Rest of The World
    9.6.1. Middle East and Africa
    9.6.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
    9.6.1.2. Growing system breakdown estimates & forecasts, 2015-2025 (USD Billion)
    9.6.1.3. Facility type breakdown estimates & forecasts, 2015-2025 (USD Billion)
    9.6.1.4. Component breakdown estimates & forecasts, 2015-2025 (USD Billion)
    9.6.1.5. Crop type breakdown estimates & forecasts, 2015-2025 (USD Billion)
    Chapter 10. Competitive Intelligence
    10.1. Company Market Share (Subject to Data Availability)
    10.2. Top Market Strategies
    10.3. Company Profiles
    10.3.1. Philips Lighting
    10.3.1.1. Overview
    10.3.1.2. Financial (Subject to Data Availability)
    10.3.1.3. Product Summary
    10.3.1.4. Recent Developments
    10.3.2. Everlight Electronics
    10.3.3. Argus Controls Systems
    10.3.4. Netafim
    10.3.5. Lumigrow
    10.3.6. Logiqs
    10.3.7. Illumitex
    10.3.8. Vertical Farm Systems
    10.3.9. Hydrodynamics International
    10.3.10. General Hydroponics

     

  • The Global indoor farming technology Market has been segregated into various crucial divisions including applications, types, and regions. Each market segment is intensively studied in the report contemplating its market acceptance, worthiness, demand, and growth prospects. The segmentation analysis will help the client to customize their marketing approach to have a better command of each segment and to identify the most prospective customer base.

    Report Objectives / Segmentation Covered :
    By Companies / players:
    • Philips Lighting Everlight Electronics Argus Controls Systems Netafim Lumigrow Logiqs Illumitex Vertical Farm Systems Hydrodynamics International General Hydroponics
    By Regions:
    • s
    • North America
    • o U.S.
    • o Canada
    • Europe
    • o UK
    • o Germany
    • o ROE
    • Asia Pacific
    • o China
    • o India
    • o Japan
    • o ROAPEC
    • LAMEA
    • o Brazil
    • o Mexico
    • ROW
    • o Middle East & Africa
    By Type:
    • Glass or Poly Greenhouses
    • Indoor Vertical Farms
    • Container Farms
    • Indoor Deep-Water Culture (DWC) systems
    By Application:
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    Research objectives

    Where will all these developments take the industry in the long

    To study and analyze the global Market consumption (value & volume) by key regions/countries, product type and application, history data from 2015 to 2019, and forecast to 2025.

    What are the future opportunities in the market?

    To understand the structure of Market by identifying its various subsegments.

    What are the major driving forces expected to impact the development of the market market across different regions?

    To analyze the market with respect to individual growth trends, future prospects, and their contribution to the total market.

    Which industry trends are likely to shape the future of the industry during the forecast period 2020-2025?

    To project the consumption of market submarkets, with respect to key regions.

    Who are the major driving forces expected to decide the fate of the industry worldwide.

    To strategically profile the key players and comprehensively analyze their growth strategies.

    What are the key barriers and threats believed to hinder the development of the industry?

    To analyze competitive developments such as expansions,agreements, new product launches, and acquisitions in the market.

    Who are the prominent market players making a mark in the market with their winning strategies?

    To share detailed information about the key factors influencing the growth of the market

    What will be the growth rate and the market size of the industry for the forecast period 2020-2025?

    Focuses on the key global market Vendors, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

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