Global Indoor Farming Technologies Market 2018-2022

The global indoor farming technologies market size will grow by USD 1.83 billion during 2018-2022. This industry research report provides a detailed analysis of the market based on technology (grow lights, environment and climate control systems, material handling systems, and farm management systems), application (greenhouse farming and vertical farming) and geography (the Americas, APAC, and EMEA). The report analyzes the market’s competitive landscape and offers information on several indoor farming technologies companies including Certhon, Dalsem, Harnois Greenhouses, Richel Group, Urban Crop Solutions, and Vertical Farm Systems.

Below are some of the key findings from this indoor farming technologies market analysis report

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Global indoor farming technologies industry overview

The need to improve crop yield and reduce crop wastage is driving the global indoor farming technologies market. Indoor farming technologies help to produce more crops in a smaller area and curbs crop wastage by using conveyor systems for automated packing. Owing to the advantages of indoor farming technologies of improving the yield of the crops and eliminating the crop wastage, several end-users are adopting it, hence expanding the global market.

Also, the increasing need for food security is positively impacting the global indoor farming technologies market. With a growing population globally, the need for food security is also increasing, which depends on access, availability, utilization, and stability. Indoor farming technologies provide all the factors required for food security, driving several end-users to adopt it. The need to improve the yield of crops and reduce crop wastage coupled with the increasing need for food security is driving the indoor farming technologies market growth at a CAGR of more than 20% during the forecast period.

Top indoor farming technologies companies covered in this market research report

The global indoor farming technologies market is highly concentrated. The market is in the initial stage of the growth phase and the competition is expected to become less intense by the end of the forecast period. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this indoor farming technologies industry analysis report will aid clients to identify new growth opportunities and design new growth strategies.

The report offers a detailed analysis of several leading indoor farming technologies companies including:

• Certhon
• Dalsem
• Harnois Greenhouses
• Richel Group
• Urban Crop Solutions
• Vertical Farm Systems

 Indoor farming technologies market segmentation based on application

• Greenhouse farming
• Vertical farming

Based on application, the greenhouse farming segment held the largest share of the global indoor farming technologies market in 2017. The market share of this segment will continue to dominate the market throughout the next five years.

Indoor farming technologies market segmentation based on region

• The Americas
• APAC
• EMEA

The Americas accounted for the largest indoor farming technologies market share in 2017. This region will witness an increase in its market share and remain the market leader for the next five years.

Key highlights of the global indoor farming technologies market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the indoor farming technologies market during the next five years
• Precise estimation of the global indoor farming technologies market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the indoor farming technologies industry across the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details on factors that will challenge the growth of indoor farming technologies companies

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