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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