The global Indoor Farming Technology market will be worth USD 62.67 Billion by 2027, according to a current analysis by Emergen Research.
Subject matter experts conducting the study also take a closer look at the products at their development stage and in the pipeline to help business owners conclude on the business strategies that can lower their cost and promise great returns or profits. Strong emphasis on new launches, acquisition and mergers, collaboration, import and export status and supply chain management empowers the business evangelists, manufacturers and business owners build a robust strategy when it comes to making an investment.
Key participants include Everlight Electronics, Philips Lighting, Netafim, Illumitex, Inc., Argus Control Systems, Logiqs B.V., Freight Farms, Signify, BrightFarms, and American Hydroponics, among others.
Component Outlook (Revenue, USD Billion; 2017-2027)
Software & Services (web-based, cloud-based)
Hardware (Lighting Systems, Irrigation Systems, Sensors, Climate Control Systems)
Facility Type Outlook (Revenue, USD Billion; 2017-2027)
Indoor Deep Water Culture (DWC) systems
Indoor vertical farms (Shipping Container, building-based)
Glass or poly greenhouses
Growth Mechanisms Outlook (Revenue, USD Billion; 2017-2027)
Crop Type Outlook (Revenue, USD Billion; 2017-2027)
Herbs & microgreens
Fruits & Vegetables
Flower & ornamentals
The study not only scans through the company profile of the major vendors but also analyses their winning strategies to give business owners, stakeholders and field marketing personnel a competitive edge over others operating in the same space. A detailed evaluation of the major events such as acquisition and mergers, collaborations, product launches, new entrants, and technology advancements offer a complete overview of what the future of the Indoor Farming Technology market will be like in the years to come
Regional Outlook (Revenue, USD Billion; 2017-2027)
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Here are the questions we answer…
What are the future opportunities in store for the vendors operating in the Indoor Farming Technology market?
What does the competitive landscape look like?
Which emerging technologies are believed to impact the Indoor Farming Technology market performance?
What are the key trends and dynamics?
Which regulations that will impact the industry?
Which segment will offer the most opportunity for growth between 2020 and 2027?
Where will most developments take place in the long term?
Table of Content
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Indoor Farming Technology Market Segmentation & Impact Analysis
4.1. Indoor Farming Technology Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
184.108.40.206. Increasing global population coupled with rising demand for higher yields
220.127.116.11. Limited availability of arable land
18.104.22.168. Increasing demand for high quality organic food products
22.214.171.124. Changing climatic conditions
126.96.36.199. Increasing adoption of vertical farming
4.2.3. Market restraints analysis
188.8.131.52. High initial investments in the building of indoor farms
184.108.40.206. Limitations on the growing variety of crops
220.127.116.11. Lack of skilled agricultural workforce
18.104.22.168. Present challenging economic conditions due to the pandemic
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Indoor Farming Technology Market By Component Insights & Trends, Revenue (USD Million), Volume (Kilo Tons)
Chapter 6. Indoor Farming Technology Market By Facility Type Insights & Trends Revenue (USD Million), Volume (Kilo Tons)
Chapter 7. Indoor Farming Technology Market By Growth Mechanisms Insights & Trends Revenue (USD Million), Volume (Kilo Tons)
Chapter 8. Indoor Farming Technology Market By Crop Type Insights & Trends Revenue (USD Million), Volume (Kilo Tons)
Chapter 9. Indoor Farming Technology Market Regional Outlook