Global Indoor Farming Technology Market, Forecast to 2022
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.
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
Regions North America
China
U.S.
India
Canada
Japan
Europe
Latin America
UK
Brazil
Germany
Mexico
Asia Pacific
Rest of the World
Key Players Large Players
Emerging Players
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Philips Lighting (Netherlands) Netafim (Israel) Argus Controls Systems (Canada) EVERLIGHT Electronics (Taiwan) LumiGrow (US)
Logiqs (Netherlands) Illumitex, Inc. (US) Vertical Farm Systems (Australia) Hydrodynamics International (US) General Hydroponics (US) Richel Group (France) Agrilution (Germany)
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/
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