Press release
Indoor Farming Technology Market to Boom USD 53.1 Billion Value by 2025 at a CAGR of 9.65% | Top Key Players – Philips, Everlight Electronics, Argus Controls Systems, Netafim, Lumigrow, Logiqs, Illumitex, Vertical Farm Systems
Indoor Farming Technology Market
Global Indoor Farming Technology Market Overview:
The Global Indoor Farming Technology Market to reach USD 53.1 Billion by 2025. The Global Indoor Farming Technology Market is valued approximately USD 25.40 Billion in 2017 and is anticipated to grow with a healthy growth rate of more than 9.65% over the forecast period 2018-2025.
According to the market report analysis, increasing need for higher yields using limited water and space is key trend that are responsible for the wide adoption of Indoor Farming Technology globally. Moreover, production of biopharmaceutical products offers lucrative growth opportunities for the global indoor farming market over the forecast period of 2018-2025.
Available Exclusive Sample Copy of this Report @ https://www.businessindustryreports.com/sample-request/137719 .
According to the IIFT, a research conducted by Euromonitor International reveals that in 2016, global demand for fresh food increased by 3% in terms of volume. Also, Asia-Pacific and Middle East experienced the growth owing to the disposable budgets and growing population. In China, sales of fresh organics increased approximately 30% in 2016. In addition, broader availability of organic fresh foods through online companies, store-based retailers and direct sellers made it easier for consumer to adopt fresh organic foods. Thus, growing demand for fresh foods is likely to increase the demand for indoor farming considering availability of low space in developed countries. As a result, the demand & adoption of Indoor Farming Technology would increase thereby, aiding the growth of the market over the forecast period.
The Global Indoor Farming Technology Market is segmented based on Growing System, Facility Type, Component, Crop Type and Region. On the basis of market is classified into aeroponics, hydroponics, aquaponics, soil-based and hybrid of which hydroponics holds the largest market share in terms of revenue owing to application of hydroponics growth mechanism helps to mitigate most of risks such as limited space in urban areas and low availability of water and it provides ample fresh produce. Based on the Facility Type, the market is sub-segmented into glass or poly greenhouses, indoor vertical farms, container farms and indoor deep-water culture (DWC) systems of which glass or poly greenhouses segment holds the leading position as area under greenhouse cultivation is larger as compared to indoor vertical farms. Based on Component, the market is sub-segmented into hardware and software & services. On the basis of Crop Type, the market is segmented into fruits & vegetables, herbs & microgreens, flowers & ornamentals and others.
As per the geographic analysis, APAC have occupied major share in the global Indoor Farming Technology market. The major reasons for the dominance of APAC are growth in the number of indoor farms in countries such as China and Japan. Whereas, APAC is expected to emerge as the fastest growing region in terms of market share. The growth of APAC region is witnessed owing to climate variations in this region.
Purchase this report online with 200 Pages, List of Tables & Figures and in-depth Table of Contents on “Global Indoor Farming Technology Market Report 2019” @ https://www.businessindustryreports.com/buy-now/137719/single .
Major Key Players:
1 Philips Lighting
2 Everlight Electronics
3 Argus Controls Systems
4 Netafim
5 Lumigrow
6 Logiqs
7 Illumitex
8 Vertical Farm Systems and More…………….
Market segment by Regions/Countries, this report covers
1 North America
2 Europe
3 Asia Pacific
4 Latin America
5 Rest of the World
Grab Your Report at an Impressive Discount @ https://www.businessindustryreports.com/check-discount/137719 .
This study answers to the below key questions:
1 What will the market size be in 2025 and what will the growth rate be?
2 What are the key market trends?
3 What is driving this market?
4 What are the challenges to market growth?
5 Who are the key vendors in this market space?
6 What are the market opportunities and threats faced by the key vendors?
7 What are the strengths and weaknesses of the key vendors?
In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Indoor Farming Technology Market.
Major Points in Table of Contents:
Global Indoor Farming Technology Market Report 2019
1 Global Indoor Farming Technology Market Definition and Scope
2 Research Methodology
3 Executive Summary
4 Global Indoor Farming Technology Market Dynamics
5 Global Indoor Farming Technology Market, By Growing system
6 Global Indoor Farming Technology Market, By Facility Type
7 Global Indoor Farming Technology Market, By Component
8 Global Indoor Farming Technology Market, By Crop Type
9 Global Indoor Farming Technology Market, by Regional Analysis
10 Competitive Intelligence
About us
BusinessindustryReports.com is digital database of comprehensive market reports for global industries. As a market research company, we take pride in equipping our clients with insights and data that holds the power to truly make a difference to their business. Our mission is singular and well-defined – we want to help our clients envisage their business environment so that they are able to make informed, strategic and therefore successful decisions for themselves.
Media Contact
Business Industry Reports
Pune – India
sales@businessindustryreports.com
+19376349940
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Indoor Farming Technology Market to Boom USD 53.1 Billion Value by 2025 at a CAGR of 9.65% | Top Key Players – Philips, Everlight Electronics, Argus Controls Systems, Netafim, Lumigrow, Logiqs, Illumitex, Vertical Farm Systems here
News-ID: 1660121 • Views: …
More Releases from Business Industry Reports
Tetracaine Market Exhibits a Lucrative Growth Potential during 2021-2025 | Endo …
BusinessIndustryReports has recently broadcasted a new study to its broad research portfolio, which is titled as “Global Tetracaine Market” Research Report 2021 provides an in-depth analysis of the Tetracaine with the forecast of market size and growth. The analysis includes addressable market, market by volume, market share by business type and by segment (external and in-house). The research study examines the Tetracaine on the basis of a number of criteria,…
Cyber Warfare Market Evenly Poised To Reach A Market Value of US$ By Share, Size …
Overview of Global Cyber Warfare Market:
This report provides in-depth study of “Global Cyber Warfare Market 2021” using SWOT analysis i.e. Strength, Weakness, Opportunities, and Threat to the organization. The Cyber Warfare Market report also provides an in-depth survey of key players in the market organization.
According to the market research study, the Cyber Warfare is virtual conflict between state, organization, or country by the use of computer technology to disrupt activities…
Covid-19 Impact on Cranio Maxillofacial Implant Market 2021-2025: Business Growt …
Overview of Global Cranio Maxillofacial Implant Market:
This report provides in-depth study of “Global Cranio Maxillofacial Implant Market 2021” using SWOT analysis i.e. Strength, Weakness, Opportunities, and Threat to the organization. The Cranio Maxillofacial Implant Market report also provides an in-depth survey of key players in the market organization.
According to the market research study, Craniomaxillofacial Implants are medical implants used in surgeries of maxillofacial region such as, head, face, neck, oral,…
Beginning of the bloom: The Rise of the Biohacking Market 2021-2025 | Global Key …
Global Biohacking Market Synopsis:
The report covers a forecast and an analysis of the Biohacking Market on a global and regional level. The study provides historical data for 2015, 2016, 2017 and 2018 along with a forecast from 2020 to 2025 based on revenue (USD Million) and volume (Kilotons). The study includes drivers and restraints of the Biohacking Market along with the impact they have on the demand over the forecast…
More Releases for Farm
Planning consent obtained for solar farm at West Beacon Farm
Planning consent has been granted by Charnwood Borough Council for a new solar farm at West Beacon Farm in Leicestershire, the home of the leading sustainable energy proponent Professor Tony Marmont.
Since Professor Marmont and his late wife Angela moved there in 1969, West Beacon Farm has become synonymous with both sustainable energy generation and ecological improvement. The new solar farm maintains that tradition. It will be based on a…
Pig-Breeding and Raising Market Projected to Witness Vigorous Expansion by 2020- …
Penetrating
The report offers in-depth analysis of the global Penetrating Adjuvants market taking into account market dynamics, segmentation, geographical expansion, competitive landscape, and various other key aspects. The market analysts who have prepared the report have thoroughly studied the global Penetrating Adjuvants market and have offered reliable and accurate data. They understand the needs of the industry and the clients, which makes it easy for them to focus on the aspects,…
Livestock Farm Equipment Market to Witness an Outstanding Growth During 2018 to …
Animals that are raised in a farm for the production of commodities such as meat, eggs, wool, fur, leather as well as for labor are known livestock animals. The term livestock was initially used in the 1650-1660. In some periods since then, livestock and cattle was used interchangeably. However, today cattle is referred to domesticated bovines while livestock has a wider reference that includes chickens, horses, rabbits, pigs, camel, goats,…
Peony Market Report 2018 Pivoines Capano, Warmerdam Paeonia, 3 Glaciers Farm, Ec …
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides detailed segmentation on the basis of product type, application, end user and regional segmentation. The regional segment is further bifurcated on country level.
All…
Agriculture and Farm Machinery Market - Rising Demand For Farm Tractors And Harv …
A market research report, titled “Agriculture and Farm Machinery Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2022”, has been recently announced by the market intelligence company Transparency Market Research.The report projects that the global agriculture and farm machinery market will have a valuation of US$281.61 bn by 2022. The market, which had a valuation of US$144.10 bn in 2014, is expected to expand at…
Peony Market Report for Period 2011 till 2023 Pivoines Capano, Warmerdam Paeonia …
Global Peony market report provides detailed analysis of companies namely Pivoines Capano, Warmerdam Paeonia, 3 Glaciers Farm, Echo Lake Farm, Meadowburn Farm, Spring Hill Peony Farm and Others. This report study includes global market statistics and analysis for example, company performance, historical analysis 2012 to 2016, market forecast 2017 to 2023 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2017 to 2023, etc.
Peony is a…
