Indoor Farming Technology Market Size Expected to Grow at CAGR of 11.4% by 2030 with Industry Analysis, Size, Share and Development Trends

PRESS RELEASE
Published June 16, 2023

Data Bridge Market research has recently released expansive research titled “Indoor Farming Technology Market” which guarantees you will remain better informed than your competition. This study provides a broader perspective of the marketplace with its comprehensive market insights and analysis which eases surviving and success in the market. To uncover general market conditions and tendencies, the Indoor Farming Technology market research report acts as a perfect source. The report helps in developing a successful marketing strategy for the business. This market research report is a proven source of information that offers a telescopic view of the current market trends, situations, opportunities, and status. This industry report has strategically analyzed market research analysis and perceptive business insights into the relevant markets of clients. In the large-scale Indoor Farming Technology market report, a thorough SWOT analysis & investment analysis is provided which forecasts imminent opportunities for the market players.

Data Bridge Market Research analyses that the indoor farming technology market, valued at USD 29.35 million in 2022, will reach USD 69.61 million by 2030, growing at a CAGR of 11.4% during the forecast period of 2023 to 2030. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Get a Sample PDF of Indoor Farming Technology Market Research Report: https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-indoor-farming-technology-market

Top Leading Key Players of Indoor Farming Technology Market:

  • Signify Holding (Netherlands)
  • EVERLIGHT ELECTRONICS CO., LTD (China)
  • Argus Control Systems (Canada)
  • LumiGrow (U.S.)
  • NETAFIM (Israel)
  • LOGIQS B.V. (Netherlands)
  • Hydrodynamics International (U.S.)
  • AmHydro (U.S.)
  • Richel Group (France)
  • Vertical Farm Systems (Australia)
  • General Hydroponics (U.S.)
  • Agrilution (Germany
  • Heliospectra (Sweden)
  • The Scotts Company LLC (U.S.)
  • Hydroponics System International (Spain)
  • Advanced Nutrients (Canada)
  • Emerald Harvest (U.S.)
  • HydroGarden Ltd (U.K.),

Recent Developments

  • In 2019, a brand-new TopLight Hybrid smart fixture was introduced by LumiGrow Inc. Users of the hybrids will be able to take advantage of the enriched white spectrum, which is entirely wireless and can be controlled by the company’s SmartPAR software.
  • In 2019, a new elevated system was introduced by the Hydroponics System International Company to support the facilities that needed gutters that were not at ground level.
  • In 2019, the acquisition of WiZ Connected (China), creators of the WiZ ecosystem of Wi-Fi-based connected lighting, was announced by Signify Holdings. The company’s entry into the Wi-Fi-based smart lighting market would be aided by the acquisition.

Key Opportunities

  • Low-cost technology

Major technologies utilized in indoor farming do not have a high commercial cost record. Research and development are still being directed to ascertain the impact of these technologies on the shelf life of plants. Research conducted at the Lighting Research Centre (New York), the impact of LED lighting on plants was studied, and it showed positive results. Technology is in the introductory stage and low in cost as compared to traditional farming moreover technology is making farming effective which is creating opportunities for indoor farming technology to grow

  • High population and less availability of conventional farming land

The rising problem of less land available for farming or food production, according to the growing demand of the rapidly growing population which making people adoption of vertical farms over the world. The scarcity of fertile land has been worsened by increasing urbanization, limited water supply, water pollution, and ongoing climate change are the major restrain for conventional farming, which creates an opportunity for indoor farming technology to grow

To Gain More Insights into the Market Analysis, Browse Summary of the Indoor Farming Technology Market Report@ https://www.databridgemarketresearch.com/reports/global-indoor-farming-technology-market

Key Market Segments Covered in Indoor Farming Technology Industry Research

Growing System

  • Aeroponics,
  • Hydroponics
  • Aquaponics
  • Soil-Based
  • Hybrid

Facility Type

  • Glass Or Poly Greenhouses
  • Indoor Vertical Farms
  • Container Farms
  • Indoor Deep Water Culture (DWC) Systems

Component

  • Hardware
  • Climate Control System
  • Lightning System
  • Sensors
  • Irrigation System
  • Software
  • Web Based
  • Cloud Based
  • Services
  • Integrated System

Crop Type

  • Fruits and Vegetables
  • Leafy Vegetables
  • Lettuce
  • Kale
  • Spinach
  • Tomato
  • Strawberry
  • Eggplant
  • Herbs and Microgreens
  • Basil
  • Herbs
  • Tarragon
  • Wheatgrass
  • Flowers and Ornamentals
  • Perennials
  • Annuals
  • Ornamentals
  • Others

Indoor Farming Technology Market Country Level Analysis

The countries covered in the Indoor Farming Technology Market report are U.S. Canada and Mexico, China, Japan, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, and Rest of Asia-Pacific, U.K., Germany, France, Italy, Spain, Russia, Netherlands, Switzerland, Turkey, Belgium, and Rest of Europe, South Africa, Egypt, U.A.E., Saudi Arabia, Israel, and Rest of Middle East and Africa, Brazil, Argentina, and rest of South America.

The region section of the report also provides individual market-impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like downstream and upstream value chain analysis, technical trends, and porter’s five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the region data.

Core Objective of the Indoor Farming Technology Market:

Every firm in the Indoor Farming Technology Industry has objectives but this market research report focus on the crucial objectives, so you can analysis about competition, future market, new products, and informative data that can raise your sales volume exponentially.

  • Size of the Indoor Farming Technology Market and growth rate factors.
  • Important changes in the future Indoor Farming Technology Market.
  • Top worldwide competitors of the Market.
  • Scope and product outlook of Indoor Farming Technology Market.
  • Developing regions with potential growth in the future.
  • Tough Challenges and risk faced in the Market.
  • Global Indoor Farming Technology top manufacturers profile and sales statistics.

Table of Content

  1. Introduction
  2. Market Segmentation
  3. Executive Summary
  4. Premium Insights
  5. Market Overview
  6. Global Indoor Farming Technology Market, By Segmentations
  7. Global Indoor Farming Technology Market, By Region
  8. Global Indoor Farming Technology Market, Company Landscape
  9. SWOT Analysis
  10. Company Profile
  11. Questionnaire
  12. Related Reports

New Business Strategies, Challenges & Policies are mentioned in Table of Content, Request TOC: https://www.databridgemarketresearch.com/toc/?dbmr=global-indoor-farming-technology-market

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https://www.databridgemarketresearch.com/reports/global-indoor-farming-technology-market

https://www.databridgemarketresearch.com/reports/asia-pacific-vertical-farming-market

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