Smart Indoor Garden Market Technology, Product Scope, Demand, Business Scenario, Trends, Share, Applications, Types and Forecasts 2022 – 2030
The global smart indoor garden market size is expected to reach USD 243.3 Million in 2030 and register a revenue CAGR of 8.2% over the forecast period, according to the latest report by Emergen Research. Various key factors such as increase in construction activities in developing countries such as India and China and growing novelty and rising popularity of indoor gardening and available systems are factors driving global smart indoor garden market revenue growth.
Smart indoor garden systems allow growing of plants such as herbs,
strawberries, and flowers faster in a controlled environment, and without the
use of pesticides, plant hormones, or potentially harmful chemicals and
substances. Smart indoor garden combines small farming units with upgraded
technologies to provide effective gardening solutions. Biodegradable plant
capsules, growth sensors, self-watering systems, nutrition devices, Light
Emitting Diode (LED) lighting, humidifiers, and other components are part of a
smart indoor garden system.
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Market Scope:
One of the report’s central components is the broad Smart Indoor
Garden market segmentation that includes the product type gamut, application
spectrum, end-user industry landscape, significant geographical regions, and
the top market contenders. The report contains unbiased industry expert
opinions on the current market scenario, past market performance, production
& consumption rates, demand & supply ratio, and revenue generation
forecasts over the estimated period. The key players’ financial positions,
along with their gross profits, sales volumes, sales revenue, manufacturing
costs, and other financial ratios, have been accurately gauged in the report.
Key Players include: Agrilution Systems Gmb, AVA Technologies Inc., CityCrop Automated
Indoor Farming, Click & Grow LLC, EDN, Inc., Grobo Inc., SproutsIO Inc.,
BrightFarms, Bowery Farming Inc., and Metropolis Farms Inc.
Key Highlights from the Report
In
May 2020, US-based Niwa invented a smartphone-controlled growing system, which
is a completely linked growing system that uses a mix of hardware and software
to aid plant growth.
Fruits
& vegetables segment accounted for a significantly large revenue share in
2020 owing to increasing tendency of growing healthy vegetables at home with
the help of smart indoor gardening techniques.
Smart
sensing technology segment revenue is expected to register a rapid rate during
the forecast period owing to robust adoption of various smart sensing
technologies in smart indoor garden systems.
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Emergen Research has segmented the global smart indoor
garden market on the basis of type, crop type, technology, growing system, end
use, and region:
Type Outlook (Revenue, USD Million, 2018–2030)
Small
Garden
Wall
Garden
Floor
Garden
Others
Crop Type Outlook (Revenue, USD Million, 2018–2030)
Fruits
& Vegetables
Herbs and
Microgreens
Flowers
and Ornamentals
Technology Outlook (Revenue, USD Million, 2018–2030)
Smart
Sensing Technology
Smart
Pest Management Technology
Self-Watering
Technology
Others
Growing System Outlook (Revenue, USD Million,
2018–2030)
Hydroponics
Aeroponics
Aquaponics
Soil-based
Hybrid
End Use Outlook (Revenue, USD Million, 2018–2030)
Residential
Commercial
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Global Smart Indoor Garden
Market Geographical Landscape - Synopsis:
The
report closely studies the growth trajectory of the global Smart Indoor Garden
market. It brings to light the global dominance of the leading regional
segments, including North America, Asia Pacific, Europe, Latin America, and
the Middle East & Africa.
The
study elaborates on the crucial information pertaining to the regional market
share. It simultaneously focuses on the significant details about the growth
patterns of each regional market.
Moreover,
the report encases an exhaustive geographical study of the market, emphasizing
the business growth prospects and market barriers for each of the key market
regions.
Key Benefits of Buying the
Global Smart Indoor Garden Report:
Comprehensive
analysis of the changing competitive landscape
Assists
in decision making processes for the businesses along with detailed strategic
planning methodologies
The
report offers an 8-year forecast and assessment of the Global Smart Indoor
Garden Market
Helps
in understanding the key product segments and their estimated growth rate
In-depth
analysis of market drivers, restraints, trends, and opportunities
Comprehensive
regional analysis of the Global Smart Indoor Garden Market
Extensive
profiling of the key stakeholders of the business sphere
Detailed
analysis of the factors influencing the growth of the Global Smart Indoor
Garden Market
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