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Indoor Farming Technology Market: Global Product Intelligence, Analysis, Opportunities and Forecast to 2025
[November 09, 2020]

Indoor Farming Technology Market: Global Product Intelligence, Analysis, Opportunities and Forecast to 2025


The latest report on Indoor Farming Technology Market by Infinium Global Research gives complete coverage of the indoor farming technology market by the growing system (hydroponics, aquaponics, aeroponics, soil-based), component type (hardware, software, services), facility type (glass or poly greenhouses, container), crop type (fruits & vegetables, herbs & microgreens) in terms of key trends, market size, forecast and CAGR growth over the period of 2019 to 2025. In addition, the study covers deep dive into key product and application trends in the regional markets of indoor farming technology such as North America, Europe, Asia-Pacific, and Latin America over the short run and long run.



"We are Now Including the Impact Analysis of the COVID-19 on this Premium Report and the Forecast Period of this Report shall be Revised to 2020-2026." The Section on the Impact of COVID-19 on this Market is Included in the Report for Free. To Know More Request Sample of this Report@ https://www.infiniumglobalresearch.com/reports/sample-request/13036 Indoor Farming Technology Market: Drivers, Restraints, and opportunities A recent report published by Infinium Global Research on the global indoor farming technology market is driven by the expanding demand for fresh food coupled with high nutrition value. Additionally, increasing awareness regarding the benefits of indoor farming technology is also triggering the growth of the market over the forecast period. Furthermore, reduction in soil-borne insects, herbicides, and pesticides free food and protection from the weather condition is some factor supporting factor fuels the market growth. However, high initial investment and less awareness regarding indoor farming technology among emerging countries are one of the factors limiting the growth of the indoor farming technology market. Furthermore, expanding the production of biopharmaceutical products is anticipated to creates an opportunity for the indoor farming technology market in the coming years.

Indoor Farming Technology Market: Segmentation  The report on the global indoor farming technology market has been broadly classified into the growing system, component type, facility type, and crop type. Based on the growing system, the market is further bifurcated into hydroponics, aquaponics, aeroponics, soil-based, and hybrid. The component type is further sub-segmented into hardware, software, and services. The hardware segment dominated the market as they include sensors, control systems, and irrigation systems. By facility type, the global indoor farming technology market is divided into glass or poly greenhouses, container farms, indoor vertical farms, indoor deep water culture system. On the basis of crop type, the market is divided into fruits & vegetables, herbs & microgreens, flowers & ornamentals, and other crop types.


Indoor Farming Technology Market: Regional Insight Among all-region, North America holds the largest market share of the global indoor farming technology market. The growing supports from the government and non-government bodies have raised the demand for the market in this region. In the North America region, the U.S. is expected to be the major contributor in this market.  The factors such as the high adoption of precision farming drive the growth of Europe's indoor farming technology market over the forecast period. On the other hand, the growth is rapid population along with the need for higher yield contributes to the growth of the indoor farming technology market in the Asia Pacific region. The growth of this region is attributed owing to countries such as China and Japan. The middle East and Africa are expected to experience steady growth in this market throughout the forecast period.

Indoor Farming Technology Market: Competitive Analysis The global Indoor Farming Technology Market comprises the players such as Agrilution, Richel Group, General Hydroponics, Hydro Dynamics International, Vertical Farm Systems, Illumitex, Logiqs B.V., LumiGrow, Argus Control Systems Ltd., Netafim, and Philips Lighting. Some players are adopting key strategies such as mergers and acquisitions as well as incurring investments for setting up of farms globally. For instance, AeroFarms, the US indoor farming company, has raised $100m to further expand its warehouses of stacked growing trays and branch out into different produce.

Browse Detailed TOC, Description, and Companies Mentioned in Report @ https://www.infiniumglobalresearch.com/agriculture/global-indoor-farming-technology-market Reasons to Buy this Report: Comprehensive analysis of global as well as regional markets of the indoor farming technology.

Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2025.

Comprehensive analysis of the companies operating in this market.

The company profile includes analysis of product portfolio, revenue, SWOT analysis, and the latest developments of the company.

Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.

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