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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The latest market intelligence report, titled ‘Global Smart Indoor Garden Market’, is intended to provide the target audience with the necessary information about the global Smart Indoor Garden Market industry. The report comprises a detailed analysis of the vital elements of the Smart Indoor Garden Market, including key drivers, constraints, opportunities, limitations, threats, and micro-and macro-economic factors. The report carefully investigates the present market scenario and the fundamental growth prospects. The report entails an organized database of the Smart Indoor Garden Market dynamic that helps market analysts estimate the global market growth rate over the projected timeline.
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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