Smart Indoor Garden Systems Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2022-2026

The smart indoor garden systems market share is expected to increase to USD 899.39 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 8.15%.

This smart indoor garden systems market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers smart indoor garden systems market segmentations by type (floor garden and wall garden) and geography (North America, Europe, APAC, Middle East and Africa, and South America). The smart indoor garden systems market report also offers information on several market vendors, including AeroFarms LLC, Agrilution Systems GmbH, AVA Technologies Inc., Bowery Farming Inc., CityCrop Automated Indoor Farming P.C, Click and Grow LLC, EDN Inc., Gardyn Inc., ingarden Inc., JOICOM Corp., Metropolis Farms Canada, Moistenland LLC , Natufia Saudi Arabia LLC, Plantui Oy, Rise Gardens LLC, Robert Bosch GmbH, The Farm Project, The Leaf Land Scape, and Tower Garden among others.

What will the Smart Indoor Garden Systems Market Size be During the Forecast Period?

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Smart Indoor Garden Systems Market: Key Drivers, Trends, and Challenges

The rising demand for IoT-based smart home garden watering systems is notably driving the smart indoor garden systems market growth, although factors such as rising demand for artificial grass may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the smart indoor garden systems industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Smart Indoor Garden Systems Market Driver

• The rising demand for IoT-based smart home garden watering systems is one of the key drivers fueling the smart indoor garden systems market growth.
• Smart indoor gardens have an automatic watering system that ensures plant roots receive water as needed.
• Smart watering systems include technology such as IoT and solenoid valves to manage water flow based on moisture levels in the soil.
• Smart soil, which is utilized in smart indoor gardens, allows for the balancing of perfect circumstances for plant growth owing to adequate moisture. This, in turn, will increase the demand for loT-based smart home garden watering systems, which, in turn, will drive the growth of the market during the forecast period. 

Key Smart Indoor Garden Systems Market Trend

• The growing popularity of vertical gardens is one of the key smart indoor garden systems market trends propelling the market growth.
• The rapid urbanization in many developing countries is decreasing the availability of garden space. Therefore, people in urban areas are adopting innovative methods of urban garden practices such as vertical gardens.
• Vertical gardens in homes and commercial buildings provide many benefits, such as protection from air pollution, dust, and sun rays by providing shade and insulation
• A micro-climate can be created with vertical gardens by adding structures that are vertically inclined to arches or frames, along with tepees, to offer shade to the space available beneath the structure. 
• Some organizations in developing countries such as India, Brazil, and Iran are trying to expand their vertical garden spaces. For instance, In March 2021, Greater Hyderabad Municipal Corporation (GHMC) announced the development of vertical gardens in Hyderabad, India, to control excessive pollution and enhance the aesthetic appeal of the city. Such developments will propel the market growth during the forecast period.

Key Smart Indoor Garden Systems Market Challenge

• The rising demand for artificial grass is one of the factors limiting the smart indoor garden systems market growth.
• Artificial grass is made of synthetic fibers and looks like natural grass. It can be used in home yards, golf courses, and sports fields such as hockey and tennis fields. It remains well-manicured and helps end-users maintain a perfect lawn.
• Artificial grass provides economic advantages to end-users as it does not require regular watering, and end-users can save on water costs.
• Artificial grass is gaining popularity among end-users owing to the ease of maintenance as maintaining artificial grass does not require fertilizers or equipment. Hence, end-users can save on the initial purchase cost of smart indoor garden systems.
• Innovative product launches and the benefits offered by artificial grass may encourage end-users to shift to such products, which can reduce the demand for smart indoor garden systems. This end-user shift may reduce the sales of smart indoor garden systems, which, in turn, may hinder the potential growth of the market during the forecast period. 

This smart indoor garden systems market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global smart indoor garden systems market as a part of the global household appliances market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the smart indoor garden systems market during the forecast period.

Who are the Major Smart Indoor Garden Systems Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

• AeroFarms LLC
• Agrilution Systems GmbH
• AVA Technologies Inc.
• Bowery Farming Inc.
• CityCrop Automated Indoor Farming P.C
• Click and Grow LLC
• EDN Inc.
• Gardyn Inc.
• ingarden Inc.
• JOICOM Corp.
• Metropolis Farms Canada
• Moistenland LLC 
• Natufia Saudi Arabia LLC
• Plantui Oy
• Rise Gardens LLC
• Robert Bosch GmbH
• The Farm Project
• The Leaf Land Scape
• Tower Garden

 

This statistical study of the smart indoor garden systems market encompasses successful business strategies deployed by the key vendors. The smart indoor garden systems market is fragmented and the vendors are deploying growth strategies such as price, quality, technology, brand identity, and distribution to compete in the market.

Product Insights and News

• Aerofarms.com - The company offers smart indoor garden systems such as fully connected indoor vertical farms with a fully controlled environment, optimized plant biology, and precision aeroponics.
• Grilution.com - The company offers smart indoor garden systems such as PlantCube Living and PlantCube Kitchen.
• Avagrows.com - The company offers smart indoor garden systems namely AVA Byte.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The smart indoor garden systems market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Smart Indoor Garden Systems Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the smart indoor garden systems market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Smart Indoor Garden Systems Market?

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41% of the market's growth will originate from North America during the forecast period. The US is the key market for the smart indoor garden systems market in North America. Market growth in this region will be faster than the growth of the market in Europe and South America.

The growing demand for Internet of Things (IoT) based smart home garden watering systems and the rising deployment of indoor gardens owing to the need for less space and pleasing aesthetics will facilitate the smart indoor garden systems market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The outbreak of COVID-19 hindered the production of smart indoor garden systems in 2020. However, the initiation of large-scale vaccination drives in the region since the first half of 2021 has led to the resumption of transportation and supply chain activities. Such initiatives are expected to boost the growth of the regional smart indoor garden systems market during the forecast period.

What are the Revenue-generating Type Segments in the Smart Indoor Garden Systems Market?

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The smart indoor garden systems market share growth by the floor garden segment will be significant during the forecast period. Floor gardens are primarily used across urban areas, such as apartments in cities and others, to grow herbs, fresh fruits, and flowers through the help of modern and innovative technologies. Floor gardening requires time-to-time maintenance of plants, such as the use of fertilizers and pesticides controlling growth and watering plants, among others. However, it consists of self-watering systems, pest management, and smart soil that ensures that the plant is getting optimal water, oxygen, and nutrients. Such factors are expected to drive the growth of the floor garden segment, which, in turn, will fuel the growth of the market during the forecast period.

This report provides an accurate prediction of the contribution of all the segments to the growth of the smart indoor garden systems market size and actionable market insights on post COVID-19 impact on each segment.

 

Smart Indoor Garden Systems Market Scope
Report Coverage	Details
Page number	120
Base year	2021
Forecast period	2022-2026
Growth momentum & CAGR	Accelerate at a CAGR of 8.15%
Market growth 2022-2026	$ 899.39 million
Market structure	Fragmented
YoY growth (%)	7.58
Regional analysis	North America, Europe, APAC, Middle East and Africa, and South America
Performing market contribution	North America at 41%
Key consumer countries	US, China, Australia, Germany, and UK
Competitive landscape	Leading companies, Competitive strategies, Consumer engagement scope
Key companies profiled	AeroFarms LLC, Agrilution Systems GmbH, AVA Technologies Inc., Bowery Farming Inc., CityCrop Automated Indoor Farming P.C, Click and Grow LLC, EDN Inc., Gardyn Inc., ingarden Inc., JOICOM Corp., Metropolis Farms Canada, Moistenland LLC , Natufia Saudi Arabia LLC, Plantui Oy, Rise Gardens LLC, Robert Bosch GmbH, The Farm Project, The Leaf Land Scape, and Tower Garden
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Smart Indoor Garden Systems Market Report?

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will drive smart indoor garden systems market growth during the next five years
• Precise estimation of the smart indoor garden systems market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the smart indoor garden systems industry across North America, Europe, APAC, Middle East and Africa, and South America
• A thorough analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of smart indoor garden systems market vendors

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