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Indoor Farming Technology Industry- Exclusive Market Research Report 2020-2026 | LUMIGROW, GENERAL HYDROPONICS, NEXTHPP and more.

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 2026

Global Indoor Farming Technology Market 2020-2026, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market. An exclusive data offered in this report is collected by research and industry experts team.

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The indoor farming technology market is estimated at USD 14.5 billion in 2020 and is projected to grow at a CAGR of 9.4%, to reach USD 24.8 billion by 2026. Indoor farming is followed to bolster local food supplies and provide nutritious, fresh produce to consumers.

Based on growing system, the hydroponics is estimated to account for the largest share in the indoor farming technology market in 2020. Hydroponics technology offers many benefits, including no use of soil and low cost of water, as the water remains in the system and can be reused. The nutrition levels can entirely be controlled, resulting in lower nutrient cost with stable and high yield.

Based on crop type, the fruits & vegetables segment is estimated to account for the largest share in the indoor farming technology market in 2020. The consumption of fruits & vegetables has witnessed an overall double-digit growth in the last few decades, and this trend is expected to continue over the next few years. The ever growing population can be considered as a primary reason that has boosted the trend.

North America is one of the largest indoor farming technology markets due to the rapid growth in the number of greenhouses and vertical farms in the US and Canada. Cultivators have been promoting this concept of farming, which is supported by the US government. Alternative and indoor farming techniques and technologies are becoming increasingly popular in urban areas to facilitate the supply of fresh vegetables to grocery stores.

#Key Players- SIGNIFY HOLDING (NETHERLANDS),EVERLIGHT ELECTRONICS (CHINA),ARGUS CONTROL SYSTEMS (CANADA),LUMIGROW (US),NETAFIM (ISRAEL),LOGIQS (NETHERLANDS),RICHEL GROUP (FRANCE),VERTICAL FARM SYSTEMS (AUSTRALIA),GENERAL HYDROPONICS (US),HELIOSPECTRA AB (SWEDEN),HARWOOD ENGINEERING COMPANY, INC (US),EXDIN SOLUTIONS (POLAND),NEXTHPP (US),UNIVERSAL PURE (US),AMERICAN PASTEURIZATION COMPANY (US).

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Table Of Contents:

1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.3 Study Scope
Figure 1 Indoor Farming Technology Market Segmentation
Figure 2 Regional Segmentation
1.4 Periodization Considered
1.5 Currency Considered
Table 1 Usd Exchange Rate, 2018–2020
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
Figure 3 Indoor Farming Technology Market: Research Design
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Industry Insights
2.1.2.2 Breakdown Of Primaries
2.2 Market Size Estimation
2.2.1 Indoor Farming Technology Market Size Estimation – Method 1
2.2.2 Indoor Farming Technology Market Size Estimation – Method 2
2.2.3 Market Size Estimation Notes
2.3 Data Triangulation
Figure 4 Data Triangulation Methodology
2.4 Assumptions For The Study
2.5 Limitations Of The Study

3 Executive Summary
Figure 5 Indoor Farming Technology Market, By Growing System, 2020 Vs. 2026 (Usd Million)
Figure 6 Indoor Farming Technology Market, By Facility Type, 2020 Vs. 2026 (Usd Million)
Figure 7 Indoor Farming Technology Market Size, By Component, 2020 Vs. 2026 (Usd Million)
Figure 8 Indoor Farming Technology Market, By Crop Type, 2020 Vs. 2026 (Usd Million)
Figure 9 Indoor Farming Technology Market, By Region

4 Premium Insights
4.1 Brief Overview Of The Indoor Farming Technology Market
Figure 10 Growth In The Trend Of Year-Round Crop Production To Drive The Indoor Farming Technology Market
4.2 European Indoor Farming Technology Market, By Crop Type And Country
Figure 11 Fruits & Vegetables Dominated The European Market In 2020
4.3 Indoor Farming Technology Market, By Growing System And Region
Figure 12 Hydroponics Segment Dominated The Market Across All Regions In 2020
4.4 Indoor Farming Technology Market, By Key Country
Figure 13 China Is The Most Lucrative Market For Indoor Farming Technology
4.5 Indoor Farming Technology Market, By Region
Figure 14 Europe To Dominate The Indoor Farming Technology Market Among All Regions Through 2026 (Usd Billion)

5 Market Overview
5.1 Introduction
5.2 Macroeconomic Indicators
5.2.1 Rise In Global Population And Food Requirements
Figure 15 Global Population Growth Trend, 2006–2017 (Billion)
5.2.2 Decline In Per Capita Arable Land
Figure 16 Total Available Arable Land, 1950–2020 (Hectares/Person)
5.3 Market Dynamics
Figure 17 Indoor Farming Technology Market: Drivers, Restraints, Opportunities, And Challenges
5.3.1 Drivers
5.3.1.1 Rising Demand For Fresh Foods With Higher Nutritive Value
5.3.1.2 Need For Higher Yields Using Limited Space And Water
Figure 18 Global Water Reuse After Tertiary Treatment – Market Share, By Application, 2014
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 Types 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 Workforce
5.3.4.3 Risk Of Equipment Failure And Delay In The Learning Curve Among Growers Resulting In Limited Market Growth
5.4 Yc-Ycc Shift
5.5 Value Chain
Figure 19 Value Chain Of The Hydroponics Market
5.6 Market Ecosystem Map For Indoor Farming Technology
5.7 Pricing Analysis
Table 2 Average Selling Price, By Growing System, 2019-2020
5.8 Trade Analysis
Table 3 Trading Statistics, 2019-2020
5.9 Patent Analysis
5.9.1 List Of Major Patents

6 Regulatory Framework
6.1 North America
6.2 Europe
6.3 Asia Pacific
6.3.1 India
6.3.2 China
6.3.3 Japan
6.3.4 Common Standards And Certifications

7 Case Study Analysis
7.1 Case Studies On Top Industry Trends, Innovations, And Best Practices
7.1.1 Development & Establishment Of Newer Techniques And Products To Make Hydroponics Systems Economical For Farmers In Developing Countries
7.1.2 Majority Of The Key Players Prevailing In The Indoor Farming Market Are Adopting Organic Growth Strategies Such As Expansions & Investments
7.1.3 Applications For Restaurants And Grocery Stores Apart From Industrial Farmers Or Agriculturists

8 Indoor Farming Technology Market, By Growing System

……..CONTINUED

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