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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 2022

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 2022

“The 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.

“Hardware segment is projected to boost the growth of the indoor farming technology market through 2022”
Based on component, the hardware segment is projected to grow at a higher rate during the forecast period. The three major components in the hardware segment include climate control systems, lighting, and irrigation systems. A climate control system is perhaps the single most important technology in an indoor farming facility, as it allows farmers to create the ideal environment for year-round production. Hence, the hardware segment is projected to record a relatively higher CAGR of 9.88% from 2017 to 2022.

“The glass or poly greenhouse segment was the largest market in 2017”
The glass or poly greenhouses segment accounted for the largest share of the indoor farming technology market in 2017. Greenhouses are generally used to cultivate tomatoes, potatoes, and cucumbers. The large share of this segment can be attributed to the high adoption of this technique in countries such as the US and China. This technique consumes less energy and requires lesser number of labor hours, which makes it more affordable than indoor vertical farms.

“Europe was the largest market in 2017”
Europe was the largest indoor farming technology market in 2017. This dominance can be attributed to the high adoption of precision farming and protected agriculture in this region. In addition, as a response to the growth in demand for food, rapid urbanization, and increase in need for new productive soils, indoor farming is expected to be a leading farming technology and a financially viable solution in this region.

The breakdown of the primaries on the basis of company type, designation, and region, conducted during the research study, is as follows:
By Company Type: Tier 1 -20%, Tier 2 - 35%, and Tier 3 - 45%
By Designation: C-Level - 35%, D-level - 25%, and Others* - 40%
By Region: North America - 20%, Europe - 25%, Asia Pacific - 35%, and RoW - 20%

*Others include sales managers, marketing managers, and product managers.
Note: Tier 1: Revenue > USD 1 billion; Tier 2: Revenue USD 500 million-< USD 1 billion; Tier 3: Revenue < USD 500 million

The global market for indoor farming technology is dominated by large players such as Philips Lighting (Netherlands), Netafim (Israel), Argus Controls Systems (Canada), EVERLIGHT Electronics (Taiwan), and LumiGrow (US). Some of the emerging players in the indoor farming technology market include Logiqs (Netherlands), Illumitex, Inc. (US), Vertical Farm Systems (Australia), Hydrodynamics International (US), General Hydroponics (US), Richel Group (France), and agrilution (Germany).
Research Coverage
This report analyzes the indoor farming technology market across different types and regions. It aims at estimating the market size, in terms of value and volume, and future growth potential of this market across different segments—growing system, facility type, component, crop type, and region. The report also includes an in-depth competitive analysis of the key players in the market along with their company profiles, recent developments, and key market strategies.

Key Benefits of Buying This Report:
The report will help the market leaders/new entrants in this market by providing them the closest approximations of the revenue numbers for the overall indoor farming technology market and its subsegments. This report will help stakeholders to better understand the competitor landscape, gain more insights to better position their businesses, and make suitable go-to-market strategies. It will also help the stakeholders to understand the market and provide them information on the key market drivers, restraints, challenges, and opportunities.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • STUDY SCOPE
    • PERIODIZATION CONSIDERED
    • CURRENCY CONSIDERED
      • Table USD EXCHANGE RATE, 2015-2017
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN & DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS AND LIMITATIONS
      • ASSUMPTIONS
      • LIMITATIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES IN THE INDOOR FARMING TECHNOLOGY MARKET
    • EUROPEAN INDOOR FARMING TECHNOLOGY MARKET, BY CROP TYPE AND COUNTRY
    • INDOOR FARMING TECHNOLOGY MARKET, BY GROWING SYSTEM & REGION
    • INDOOR FARMING TECHNOLOGY MARKET, BY KEY COUNTRY
    • INDOOR FARMING TECHNOLOGY MARKET, BY REGION
  • MARKET OVERVIEW
    • INTRODUCTION
    • MACROECONOMIC INDICATORS
      • RISE IN GLOBAL POPULATION AND FOOD REQUIREMENTS
      • DECLINE IN PER CAPITA ARABLE LAND
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
    • REGULATORY FRAMEWORK
    • PATENT ANALYSIS
      • LIST OF MAJOR PATENTS
  • INDOOR FARMING TECHNOLOGY MARKET, BY GROWING SYSTEM
    • INTRODUCTION
      • Table INDOOR FARMING TECHNOLOGY MARKET SIZE, BY GROWING SYSTEM, 2015-2022 (USD MILLION)
    • AEROPONICS
      • Table AEROPONICS MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • HYDROPONICS
      • Table HYDROPONICS MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • AQUAPONICS
      • Table AQUAPONICS MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • SOIL-BASED
      • Table SOIL-BASED INDOOR FARMING TECHNOLOGY MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • HYBRID
      • Table HYBRID INDOOR FARMING TECHNOLOGY MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
  • INDOOR FARMING TECHNOLOGY MARKET, BY FACILITY TYPE
    • INTRODUCTION
      • Table INDOOR FARMING TECHNOLOGY MARKET SIZE, BY FACILITY TYPE, 2015-2022 (USD MILLION)
    • GLASS OR POLY GREENHOUSES
      • Table GLASS OR POLY GREENHOUSES MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • INDOOR VERTICAL FARMS
      • Table INDOOR VERTICAL FARMS MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • CONTAINER FARMS
      • Table CONTAINER FARMS MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • INDOOR DEEP WATER CULTURE (DWC) SYSTEMS
      • Table INDOOR DWC SYSTEMS MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
  • INDOOR FARMING TECHNOLOGY MARKET, BY COMPONENT
    • INTRODUCTION
      • Table INDOOR FARMING TECHNOLOGY MARKET SIZE, BY COMPONENT, 2015-2022 (USD MILLION)
    • HARDWARE
      • CLIMATE CONTROL SYSTEMS
      • LIGHTING SYSTEMS
      • COMMUNICATION SYSTEMS
      • SENSORS
      • SYSTEM CONTROLS
      • IRRIGATION SYSTEMS
      • OTHERS
        • Table HARDWARE MARKET SIZE, BY COMPONENT, 2015-2022 (USD MILLION)
        • Table HARDWARE MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • SOFTWARE & SERVICES
      • Table SOFTWARE & SERVICES MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
  • INDOOR FARMING TECHNOLOGY MARKET, BY CROP TYPE
    • INTRODUCTION
      • Table INDOOR FARMING TECHNOLOGY MARKET SIZE, BY CROP TYPE, 2015-2022 (USD MILLION)
    • FRUITS & VEGETABLES
      • Table INDOOR FARMING TECHNOLOGY MARKET SIZE IN FRUIT & VEGETABLE CULTIVATION, BY CROP TYPE/CROP, 2015-2022 (USD MILLION)
      • Table INDOOR FARMING TECHNOLOGY MARKET SIZE IN FRUIT & VEGETABLE CULTIVATION, BY REGION, 2015-2022 (USD MILLION)
      • LEAFY GREENS
        • Table INDOOR FARMING TECHNOLOGY MARKET SIZE IN LEAFY GREEN CULTIVATION, BY CROP, 2015-2022 (USD MILLION)
      • TOMATO
      • STRAWBERRY
      • EGGPLANT
      • OTHERS
    • HERBS & MICROGREENS
      • BASIL
      • HERBS
      • TARRAGON
      • WHEATGRASS
        • Table INDOOR FARMING TECHNOLOGY MARKET SIZE IN HERBS & MICROGREENS, BY CROP, 2015-2022 (USD MILLION)
        • Table INDOOR FARMING TECHNOLOGY MARKET SIZE IN HERBS & MICROGREENS, BY REGION, 2015-2022 (USD MILLION)
    • FLOWERS & ORNAMENTALS
      • PERENNIALS
      • ANNUALS
      • ORNAMENTALS
        • Table INDOOR FARMING TECHNOLOGY MARKET SIZE IN FLOWER & ORNAMENTAL CROP CULTIVATION, BY CROP TYPE, 2015-2022 (USD MILLION)
        • Table INDOOR FARMING TECHNOLOGY MARKET SIZE IN FLOWER & ORNAMENTAL CROP CULTIVATION, BY REGION, 2015-2022 (USD MILLION)
    • OTHER CROPS
      • Table INDOOR FARMING TECHNOLOGY MARKET SIZE IN OTHER CROP CULTIVATION, BY REGION, 2015-2022 (USD MILLION)
  • INDOOR FARMING TECHNOLOGY MARKET, BY REGION
    • INTRODUCTION
      • Table INDOOR FARMING TECHNOLOGY MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: INDOOR FARMING TECHNOLOGY MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
      • Table NORTH AMERICA: INDOOR FARMING TECHNOLOGY MARKET SIZE, BY GROWING SYSTEM, 2015-2022 (USD MILLION)
      • Table NORTH AMERICA: INDOOR FARMING TECHNOLOGY MARKET SIZE, BY FACILITY TYPE, 2015-2022 (USD MILLION)
      • Table NORTH AMERICA: INDOOR FARMING TECHNOLOGY MARKET SIZE, BY COMPONENT, 2015-2022 (USD MILLION)
      • Table NORTH AMERICA: INDOOR FARMING TECHNOLOGY MARKET SIZE, BY CROP TYPE, 2015-2022 (USD MILLION)
      • US
        • Table US: INDOOR FARMING TECHNOLOGY MARKET SIZE, BY GROWING SYSTEM, 2015-2022 (USD MILLION)
      • CANADA
        • Table CANADA: INDOOR FARMING TECHNOLOGY MARKET SIZE, BY GROWING SYSTEM, 2015-2022 (USD MILLION)
      • MEXICO
        • Table MEXICO: INDOOR FARMING TECHNOLOGY MARKET SIZE, BY GROWING SYSTEM, 2015-2022 (USD MILLION)
    • EUROPE
      • Table EUROPE: INDOOR FARMING TECHNOLOGY MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
      • Table EUROPE: INDOOR FARMING TECHNOLOGY MARKET SIZE, BY GROWING SYSTEM, 2015-2022 (USD MILLION)
      • Table EUROPE: INDOOR FARMING TECHNOLOGY MARKET SIZE, BY FACILITY TYPE, 2015-2022 (USD MILLION)
      • Table EUROPE: INDOOR FARMING TECHNOLOGY MARKET SIZE, BY COMPONENT, 2015-2022 (USD MILLION)
      • Table EUROPE: INDOOR FARMING TECHNOLOGY MARKET SIZE, BY CROP TYPE, 2015-2022 (USD MILLION)
      • SPAIN
        • Table SPAIN: INDOOR FARMING TECHNOLOGY MARKET SIZE, BY GROWING SYSTEM, 2015-2022 (USD MILLION)
      • NETHERLANDS
        • Table NETHERLANDS: INDOOR FARMING TECHNOLOGY MARKET SIZE, BY GROWING SYSTEM, 2015-2022 (USD MILLION)
      • UK
        • Table UK: INDOOR FARMING TECHNOLOGY MARKET SIZE, BY GROWING SYSTEM, 2015-2022 (USD MILLION)
      • SWEDEN
        • Table SWEDEN: INDOOR FARMING TECHNOLOGY MARKET SIZE, BY GROWING SYSTEM, 2015-2022 (USD MILLION)
      • ITALY
        • Table ITALY: INDOOR FARMING TECHNOLOGY MARKET SIZE, BY GROWING SYSTEM, 2015-2022 (USD MILLION)
      • REST OF EUROPE
        • Table REST OF EUROPE: INDOOR FARMING TECHNOLOGY MARKET SIZE, BY GROWING SYSTEM, 2015-2022 (USD MILLION)
    • ASIA PACIFIC
      • Table ASIA PACIFIC: INDOOR FARMING TECHNOLOGY MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
      • Table ASIA PACIFIC: INDOOR FARMING TECHNOLOGY MARKET SIZE, BY GROWING SYSTEM, 2015-2022 (USD MILLION)
      • Table ASIA PACIFIC: INDOOR FARMING TECHNOLOGY MARKET SIZE, BY FACILITY TYPE, 2015-2022 (USD MILLION)
      • Table ASIA PACIFIC: INDOOR FARMING TECHNOLOGY MARKET SIZE, BY COMPONENT, 2015-2022 (USD MILLION)
      • Table ASIA PACIFIC: INDOOR FARMING TECHNOLOGY MARKET SIZE, BY CROP TYPE, 2015-2022 (USD MILLION)
      • CHINA
        • Table CHINA: INDOOR FARMING TECHNOLOGY MARKET SIZE, BY GROWING SYSTEM, 2015-2022 (USD MILLION)
      • JAPAN
        • Table JAPAN: INDOOR FARMING TECHNOLOGY MARKET SIZE, BY GROWING SYSTEM, 2015-2022 (USD MILLION)
      • SINGAPORE
        • Table SINGAPORE: INDOOR FARMING TECHNOLOGY MARKET SIZE, BY GROWING SYSTEM, 2015-2022 (USD MILLION)
      • TAIWAN
        • Table TAIWAN: INDOOR FARMING TECHNOLOGY MARKET SIZE, BY GROWING SYSTEM, 2015-2022 (USD MILLION)
      • REST OF ASIA PACIFIC
        • Table REST OF ASIA PACIFIC: INDOOR FARMING TECHNOLOGY MARKET SIZE, BY GROWING SYSTEM, 2015-2022 (USD MILLION)
    • SOUTH AMERICA
      • Table SOUTH AMERICA: INDOOR FARMING TECHNOLOGY MARKET SIZE, BY COUNTRY, 2015-2022 (USD MILLION)
      • Table SOUTH AMERICA: INDOOR FARMING TECHNOLOGY MARKET SIZE, BY GROWING SYSTEM, 2015-2022 (USD MILLION)
      • Table SOUTH AMERICA: INDOOR FARMING TECHNOLOGY MARKET SIZE, BY FACILITY TYPE, 2015-2022 (USD MILLION)
      • Table SOUTH AMERICA: INDOOR FARMING TECHNOLOGY MARKET SIZE, BY COMPONENT, 2015-2022 (USD MILLION)
      • Table SOUTH AMERICA: INDOOR FARMING TECHNOLOGY MARKET SIZE, BY CROP TYPE, 2015-2022 (USD MILLION)
      • BRAZIL
        • Table BRAZIL: INDOOR FARMING TECHNOLOGY MARKET SIZE, BY GROWING SYSTEM, 2015-2022 (USD MILLION)
      • ARGENTINA
        • Table ARGENTINA: INDOOR FARMING TECHNOLOGY MARKET SIZE, BY GROWING SYSTEM, 2015-2022 (USD MILLION)
      • REST OF SOUTH AMERICA
        • Table REST OF SOUTH AMERICA: INDOOR FARMING TECHNOLOGY MARKET SIZE, BY GROWING SYSTEM, 2015-2022 (USD MILLION)
    • REST OF THE WORLD
      • Table ROW: INDOOR FARMING TECHNOLOGY MARKET SIZE, BY REGION, 2015-2022 (USD MILLION)
      • Table ROW: INDOOR FARMING TECHNOLOGY MARKET SIZE, BY GROWING SYSTEM, 2015-2022 (USD MILLION)
      • Table ROW: INDOOR FARMING TECHNOLOGY MARKET SIZE, BY FACILITY TYPE, 2015-2022 (USD MILLION)
      • Table ROW: INDOOR FARMING TECHNOLOGY MARKET SIZE, BY COMPONENT, 2015-2022 (USD MILLION)
      • Table ROW: INDOOR FARMING TECHNOLOGY MARKET SIZE, BY CROP TYPE, 2015-2022 (USD MILLION)
      • MIDDLE EAST
        • Table MIDDLE EAST: INDOOR FARMING TECHNOLOGY MARKET SIZE, BY GROWING SYSTEM, 2015-2022 (USD MILLION)
      • AFRICA
        • Table AFRICA: INDOOR FARMING TECHNOLOGY MARKET SIZE, BY GROWING SYSTEM, 2015- 2022 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • COMPANY RANKINGS
      • Table INDOOR FARMING TECHNOLOGY MARKET, COMPANY RANKINGS, 2018
    • COMPETITIVE SCENARIO
      • AGREEMENTS, CONTRACTS, COLLABORATIONS, AND PARTNERSHIPS
        • Table AGREEMENTS, CONTRACTS, COLLABORATIONS, AND PARTNERSHIPS, 2014-2018
      • NEW PRODUCT LAUNCHES & DEVELOPMENTS
        • Table NEW PRODUCT LAUNCHES & DEVELOPMENTS, 2013-2018
      • EXPANSIONS
        • Table EXPANSIONS, 2012-2016
      • ACQUISITIONS
        • Table ACQUISITIONS, 2016
  • COMPANY PROFILES
    • PHILIPS LIGHTING
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • EVERLIGHT ELECTRONICS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • ARGUS CONTROLS SYSTEMS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • NETAFIM
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • LUMIGROW
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • LOGIQS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • ILLUMITEX
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • VERTICAL FARM SYSTEMS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • HYDRODYNAMICS INTERNATIONAL
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • GENERAL HYDROPONICS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • RICHEL GROUP
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • AMERICAN HYDROPONICS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • AGRILUTION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
  • APPENDIX
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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