Ventilation and Air Conditioning Market growing at a growth rate of 11.3%,size,industry trends

The ventilation and air conditioning market for indoor agriculture is expected to be growing at a growth rate of 11.3% and will reach USD 2.59 billion by 2028. Data Bridge Market Research analyses the factors responsible for fostering the growth of ventilation and air conditioning market for indoor agriculture.

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A ventilation system helps to preserve the necessary airflow rate in an indoor farm, while an air conditioning system helps to maintain the vital temperature and humidity level. They also helps to maintain optimum temperature, carbon dioxide, and, humidity levels in an indoor farm.
Ventilation and air conditioning also safeguard that there is no still or damp air over plant surfaces as it can lead to the formation of mold or fungi.

The market is largely driven by the advantages offered by ventilation and air conditioning instrumentation in indoor agriculture. The herbs and botanical products are used in the nutritional supplement, pharmaceutical and flavor and fragrance sectors, which eventually fuels the demand for container farming. Container farming makes it possible to fruitage vegetables and fruits, thus progress is also expected to drive the overall ventilation and air conditioning market growth.

The ventilation and air conditioning marketplace for indoor agriculture market have huge opportunities which will help the market to grow such as growing demand for exotic fruits, vegetables, and flowers, along with the convenience of funding for start-ups and farmers for indoor agriculture.

However, high capital investment demand and high operational price, and growing food safety issues might hamper the expansion of the ventilation and air conditioning market for indoor agriculture. While, lack of exposure to fashionable agricultural practices can challenge the market growth.

Key Players Analysis:

The major players covered in the ventilation and air conditioning market for indoor agriculture report are 3M, Emerson Electric Co, Testo SE & Co. KGaA, Siemens, Honeywell International Inc., Thermo Fisher Scientific, TSI, Aeroqual, Biovac System Inc., Kanomax USA, Inc., FORBIX SEMICON India Pvt Ltd, Ventilation Control Products Sweden AB, Dylos Corporation, Veris Industries, Teledyne Technologies Incorporated, Servomex, HORIBA Ltd, Tisch Environmental, Inc., Rave Innovations, and Merck & CO., Inc., among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Global Ventilation and Air Conditioning Market for Indoor Agriculture Scope and Market Size

The ventilation and air conditioning market for indoor agriculture is segmented on the basis of product and type. The growth amongst these segments will help you analyze meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.

On the basis of product, the ventilation and air conditioning market for indoor agriculture has been segmented into ventilation equipment and air conditioning equipment.

On the basis of type, the ventilation and air conditioning market for new installation and retrofit.

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