Indoor Farming Technology market size is projected to reach US$ 26270 million by 2026, from US$ 24810 million in 2020, at a CAGR of 5% during 2021-2027.
Indoor farming techniques are methods of growing crops or plants throughout the house using a variety of techniques. This agricultural methodology includes a variety of cultivation systems that provide artificial lighting for growing plants with nutrients. Indoor farming techniques can be used commercially at home and in small and large scales.
The hydroponics sector will show profitable growth over the forecast period as applying hydroponic cultivation mechanisms based on hydroponic cultivation systems will help mitigate most of the risk of food shortages due to the abundance of fresh produce and exposure to climate change. Soil pollution, limited space in urban areas, and most importantly, lack of water.
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The following players are covered in this report:
- Philips Lighting (Netherlands)
- Netafim (Israel)
- Argus Controls Systems (Canada)
- EVERLIGHT Electronics (Taiwan)
- LumiGrow (US)
Indoor Farming Technology Breakdown Data by Type
- Hardware
- Software & services
Indoor Farming Technology Breakdown Data by Application
- Fruits & vegetables
- Herbs & microgreens
- Flowers & ornamentals
- Others
A full report of Global Indoor Farming Technology Market is available at: https://www.orionmarketreports.com/indoor-farming-technology-market-market/62463/
Scope of the Report
The research study analyzes the global Indoor Farming Technology industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Indoor Farming Technology Market Report
1. What was the Indoor Farming Technology Market size in 2018 and 2019; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Indoor Farming Technology Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Indoor Farming Technology Market was the market leader in 2018?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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