Report Feature
The future of the Indoor farming technology market looks promising with opportunities in the fruits & vegetables, herbs & microgreens, and flowers & ornamentals farming. The global indoor
farming technology market is expected to grow with a CAGR of 10% from 2019 to 2024. The major drivers for this market are rise in demand for fresh foods with higher nutritive value, need for higher yields using limited space and water, and lesser impact of external weather conditions.More than 150 page report is developed to help your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of Indoor farming technology market report download the report brochure
The study includes the Indoor farming technology market size and forecast for the global Indoor farming technology market through 2024, segmented by growing system, facility type, component, crop type, and region as follows:
By Growing System [$M shipment analysis for 2013 – 2024]:
- Hydroponics
- Aeroponics
- Aquaponics
- Soil-based
- Hybrid
By Facility Type [$M shipment analysis for 2013 – 2024]:
- Glass or Poly Greenhouses
- Indoor Vertical Farms
- Container Farms
- Indoor Deep Water Culture (DWC) systems
By Component [$M shipment analysis for 2013 – 2024]:
- Hardware
- Software & services
By Crop Type [$M shipment analysis for 2013 – 2024]:
- Fruits & Vegetables
- Herbs & Microgreens
- Flowers & Ornamentals
- Others (cannabis and cannabis)
By Region [$M shipment analysis for 2013 – 2024]:
-
North America
- US
- Canada
- Mexico
-
Europe
- Germany
- UK
- France
- Italy
- Spain
-
Asia Pacific
- China
- India
- Japan
- South Korea
-
Rest of the World (RoW)
- Middle East
- South Africa and South America
Some of the Indoor farming technology companies profiled in this report include Aero farms, Bowery Inc., Netafim, Argus Controls Systems, EVERLIGHT Electronics, Bright Farms Inc., Logiqs B.V., Illumitex, Vertical Farm Systems, Hydrodynamics International, General Hydroponics, Richel Group, and Agrilution.
Some of the features of "Global Indoor Farming Technology Market 2019-2024: Trends, Forecast, and Opportunity Analysis" include
- Market size estimates: Global Indoor farming technology market size estimation in terms of value ($M) shipment.
- Trend and forecast analysis: Market trend (2013-2018) and forecast (2019-2024) by segments and region.
- Segmentation analysis: Global market size by growing system, facility type, component, crop type, and region.
- Regional analysis: Global Indoor farming technology market breakdown by North America, Europe, Asia Pacific, and the Rest of the World
- Growth opportunities: Analysis on growth opportunities in different applications and regions for Indoor farming technology in the global Indoor farming technology market.
- Strategic analysis: This includes M&A, new product development, and competitive landscape for ,Indoor farming technology in the global Indoor farming technology market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
Table of Contents
1. Executive Summary 2. Industry Background and Classifications 2.1: Introduction, Background, and Classification 2.2: Supply Chain 2.3: Industry Drivers and Challenges
5. Competitor Analysis: 5.1: Product Portfolio Analysis 5.2: Market Share Analysis 5.3: Operational Integration 5.4: Geographical Reach 5.5: Porter’s Five Forces Analysis
7. Company Profiles of Leading Players: 7.1: Aero farms 7.2: Bowery Inc. 7.3: Netafim 7.4: Argus Controls Systems 7.5: EVERLIGHT Electronics 7.6: Bright Farms Inc. 7.7: Logiqs B.V. 7.8: Illumitex 7.9: Vertical Farm Systems 7.10: Hydrodynamics International 7.11: General Hydroponics 7.12: Richel Group 7.13: Agrilution
Methodology
Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in this market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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Key Questions
- • What are some of the most promising potential, high-growth opportunities for the global indoor farming technology market by growing system (hydroponics, aeroponics, aquaponics, soil-based, and hybrid), facility type (glass or poly greenhouses, indoor vertical farms, container farms, and indoor deep water culture (dwc) systems), by component (hardware and software & services), crop type (fruits & vegetables, herbs & microgreens, flowers & ornamentals, and others), and region (North America, Europe, Asia Pacific, and RoW)?
- • Which segments will grow at a faster pace and why?
- • Which regions will grow at a faster pace and why?
- • What are the key factors affecting market dynamics? What are the drivers and challenges of the indoor farming technology market?
- • What are the business risks and threats to the indoor farming technology market?
- • What are emerging trends in the indoor farming technology market and the reasons behind them?
- • What are some changing demands of customers in the indoor farming technology market? Q.8 What are the new developments in the indoor farming technology market? Which companies are leading these developments?
- • Who are the major players in the indoor farming technology market? What strategic initiatives are being implemented by key players for business growth?
- • What are some of the competitive products and processes in the indoor farming technology market, and how big of a threat do they pose for loss of market share via material or product substitution?
- • What M & A activities did take place in the last five years in the indoor farming technology market?
