Press release
Smart Indoor Garden Market to Reach USD 250.12 Million by 2032
The global Smart Indoor Garden Market, valued at USD 138.25 million in 2024, is projected to grow at a Compound Annual Growth Rate (CAGR) of 9.4%, reaching USD 250.12 million by 2032. This growth is fueled by increasing urbanization, the demand for fresh produce, and advancements in smart gardening technologies.
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➤ Competitive Landscape and Regional Demand
Key players in the market include AeroFarms, Click & Grow LLC, EDN Inc., Grobo Inc., Plantui Oy, Rise Gardens, and Gardyn. These companies are innovating in areas such as self-watering systems, smart sensing, and pest management to cater to the growing consumer demand.North America held the largest market share in 2024, attributed to the popularity of home gardening and the presence of major industry players. The Asia-Pacific region is expected to witness the highest CAGR during the forecast period, driven by rapid urbanization and increasing awareness of sustainable living practices.
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➤ Country-Specific Insights
♦ Growth Opportunities in Vietnam
Vietnam is experiencing a surge in urbanization, leading to increased interest in indoor gardening solutions. Local startups are exploring smart gardening technologies to cater to the urban population's needs.
♦ Market Trends in Thailand
Thailand's focus on sustainable agriculture has opened avenues for smart indoor gardening. Educational institutions and tech companies are collaborating to develop innovative gardening solutions.
♦ Consolidation in Japan
Japan's aging population and limited space have led to the adoption of compact smart indoor gardens. Companies are investing in research to develop user-friendly and efficient gardening systems.
♦ Updation in South Korea
South Korea is integrating IoT and AI technologies into indoor gardening, enhancing user experience and plant health monitoring. Tech firms are partnering with agricultural experts to innovate in this space.
♦ Opportunities in Singapore
Singapore's urban landscape and government initiatives promoting green living have boosted the smart indoor garden market. Public housing projects are incorporating indoor gardening solutions to enhance residents' quality of life.
♦ Growth in the United States
The U.S. market is driven by a growing interest in home gardening and wellness. Companies like Niwa have introduced smartphone-controlled growing systems, combining hardware and software to support plant growth.
♦ Trends in China
China's rapid urbanization and technological advancements have led to increased adoption of smart indoor gardens. Government policies supporting sustainable agriculture are further propelling market growth.
♦ Market Dynamics in Europe
Europe's emphasis on sustainability and environmental consciousness has made smart indoor gardening popular among consumers. Companies are focusing on eco-friendly designs and energy-efficient systems to meet market demands.
➤ Key Developments and Mergers
In March 2022, Greater Hyderabad Municipal Corporation (GHMC) in India announced plans to build vertical gardens to reduce pollution and enhance city aesthetics.
Niwa, a U.S.-based company, launched a smartphone-controlled growing system in May 2020, integrating hardware and software to support plant growth.
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➤ Global Smart Indoor Garden Market Classifications
♦ by Type
Small Garden
Wall Garden
Floor Garden
Others
♦ by Plant Type
Herbs
Vegetables
Fruits
Flowers
♦ by Technology
Self-watering
Smart Sensing
Smart Pest Management
Others
♦ by End-User
Residential
Commercial
♦ by Distribution Channel
Online
Offline
For deeper market insights, peruse the summary of the research report: https://www.maximizemarketresearch.com/market-report/global-smart-indoor-garden-market/23460/
➤ The following companies are included in the market for Global Smart Indoor Garden :
1. Aero Farms
2. Grow Smart Greens
3. BSH Home Appliances Group
4. Click & Grow LLC
5. CityCrop Automated Indoor Farming Ltd.
6. EDN Inc.
7. Grobo Inc.
8. Metropolis Farms Canada
9. Moistenland LLC
10. Plantui Oy
11. The Leaf Land Scape
12. Tower Garden
13. AeroGarden
14. Veritable
15. Rise Gardens
16. IGWorks
17. Gardyn
18. Lettuce Grow
19. Auk Eco AS
20. Gardens Illustrated
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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