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Global Indoor Farming Technology Market, Forecast to 2022

The market is driven by the increase in demand for recent foods with high nourishing price, want for higher yields exploitation restricted area and water, and lesser impact of external climatic conditions. The indoor farming technology market is projected to succeed in USD 40.25 billion by 2022, at a CAGR of 9.65%. The 3 major elements within the hardware section embrace climate management systems, lighting, and irrigation systems.

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Global Indoor Farming Technology Market, Forecast to 2022

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  1. Global Indoor Farming Technology Market, Forecast to 2022

  2. Summary • Indoor Farming Technology Market is projected to grow at a CAGR of 9.65% • The indoor farming technology market is projected to reach USD 40.25 billion by 2022 from USD 25.40 billion in 2017, at a CAGR of 9.65%. • The market is driven by the rise in demand for fresh foods with high nutritive value, need for higher yields using limited space and water, and lesser impact of external weather conditions. • On the other hand, high initial investment is one of the factors restraining the growth of the indoor farming technology market.

  3. Segmentation • BY FACILITY TYPE: • Glass Or Poly Greenhouses • Indoor Vertical Farms • Container Farms • Indoor Deep Water Culture (Dwc) Systems • BY CROP TYPE: • Fruits & Vegetables • Herbs & Microgreens • Flowers & Ornamentals • BY COMPONENT: • Climate Control Systems • Lighting Systems • Communication Systems • Sensors • System Controls • Irrigation Systems

  4. Regions • North America • U.S. • Canada • Europe • UK • Germany • Asia Pacific • China • India • Japan • Latin America • Brazil • Mexico • Rest of the World

  5. Key Players Large Players Emerging Players Logiqs (Netherlands) Illumitex, Inc. (US) Vertical Farm Systems (Australia) Hydrodynamics International (US) General Hydroponics (US) Richel Group (France) Agrilution (Germany) • Philips Lighting (Netherlands) • Netafim (Israel) • Argus Controls Systems (Canada) • EVERLIGHT Electronics (Taiwan) • LumiGrow (US)

  6. View Report Global Indoor Farming Technology Market Contact us Bharat Book Bureau Tel: +91 22 27810772 / 27810773 Email: poonam@bharatbook.com Our Blog: https://www.bharatbook.com/blog/ Follow us on

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