Global Indoor Farming Technologies Market 2022-2026

The publisher has been monitoring the indoor farming technologies market and it is poised to grow by $6.93 bn during 2022-2026 progressing at a CAGR of 20.93% during the forecast period. The report on the indoor farming technologies market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the need to improve the yield of crops and reduce crop wastage, reduction in pollution and deforestation, and increase in certified products.

The indoor farming technologies market analysis includes the application segment and geographic landscape.

The indoor farming technologies market is segmented as below:

By Application

Greenhouse farming
Vertical farming

By Geographical Landscape

Europe
APAC
North America
South America
Middle East and Africa

This study identifies the increasing need for food security as one of the prime reasons driving the indoor farming technologies market growth during the next few years. Also, increasing opportunities to become self-sufficient and increasing use of renewable power sources will lead to sizable demand in the market.

The report on indoor farming technologies market covers the following areas:

Indoor farming technologies market sizing
Indoor farming technologies market forecast
Indoor farming technologies market industry analysis

The publisher's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading indoor farming technologies market vendors that include Advanced Grow lights, Agrowtek Inc., Argus Control Systems Ltd., California LightWorks, Certhon, Dalsem Greenhouse Projects BV, General Electric Co., GreenTech Agro LLC, Growlink, Honeywell International Inc., Industries Harnois Inc., KCC Companies, Koninklijke Philips NV, Link4 Corp., LumiGrow Inc., Motorleaf, Richel Group SAS, Urban Crop Solutions, Vertical Farm Systems Pty Ltd, and ZipGrow Inc. Also, the indoor farming technologies market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Application
Exhibit 06: Executive Summary - Chart on Incremental Growth
Exhibit 07: Executive Summary - Data Table on Incremental Growth
Exhibit 08: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 09: Parent market
Exhibit 10: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 11: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 12: Market segments
3.3 Market size 2021
3.4 Market outlook: Forecast for 2021-2026
Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

4.1 Five forces summary
Exhibit 17: Five forces analysis - Comparison between2021 and 2026
4.2 Bargaining power of buyers
Exhibit 18: Chart on Bargaining power of buyers - Impact of key factors 2021 and 2026
4.3 Bargaining power of suppliers
Exhibit 19: Bargaining power of suppliers - Impact of key factors in 2021 and 2026
4.4 Threat of new entrants
Exhibit 20: Threat of new entrants - Impact of key factors in 2021 and 2026
4.5 Threat of substitutes
Exhibit 21: Threat of substitutes - Impact of key factors in 2021 and 2026
4.6 Threat of rivalry
Exhibit 22: Threat of rivalry - Impact of key factors in 2021 and 2026
4.7 Market condition
Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Application

5.1 Market segments
Exhibit 24: Chart on Application - Market share 2021-2026 (%)
Exhibit 25: Data Table on Application - Market share 2021-2026 (%)
5.2 Comparison by Application
Exhibit 26: Chart on Comparison by Application
Exhibit 27: Data Table on Comparison by Application
5.3 Greenhouse farming - Market size and forecast 2021-2026
Exhibit 28: Chart on Greenhouse farming - Market size and forecast 2021-2026 ($ million)
Exhibit 29: Data Table on Greenhouse farming - Market size and forecast 2021-2026 ($ million)
Exhibit 30: Chart on Greenhouse farming - Year-over-year growth 2021-2026 (%)
Exhibit 31: Data Table on Greenhouse farming - Year-over-year growth 2021-2026 (%)
5.4 Vertical farming - Market size and forecast 2021-2026
Exhibit 32: Chart on Vertical farming - Market size and forecast 2021-2026 ($ million)
Exhibit 33: Data Table on Vertical farming - Market size and forecast 2021-2026 ($ million)
Exhibit 34: Chart on Vertical farming - Year-over-year growth 2021-2026 (%)
Exhibit 35: Data Table on Vertical farming - Year-over-year growth 2021-2026 (%)
5.5 Market opportunity by Application
Exhibit 36: Market opportunity by Application ($ million)

6 Customer Landscape

6.1 Customer landscape overview
Exhibit 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

7.1 Geographic segmentation
Exhibit 38: Chart on Market share By Geographical Landscape 2021-2026 (%)
Exhibit 39: Data Table on Market share By Geographical Landscape 2021-2026 (%)
7.2 Geographic comparison
Exhibit 40: Chart on Geographic comparison
Exhibit 41: Data Table on Geographic comparison
7.3 Europe - Market size and forecast 2021-2026
Exhibit 42: Chart on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 43: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
Exhibit 44: Chart on Europe - Year-over-year growth 2021-2026 (%)
Exhibit 45: Data Table on Europe - Year-over-year growth 2021-2026 (%)
7.4 APAC - Market size and forecast 2021-2026
Exhibit 46: Chart on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 47: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
Exhibit 48: Chart on APAC - Year-over-year growth 2021-2026 (%)
Exhibit 49: Data Table on APAC - Year-over-year growth 2021-2026 (%)
7.5 North America - Market size and forecast 2021-2026
Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ million)
Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)
7.6 South America - Market size and forecast 2021-2026
Exhibit 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
Exhibit 56: Chart on South America - Year-over-year growth 2021-2026 (%)
Exhibit 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
7.7 Middle East and Africa - Market size and forecast 2021-2026
Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
7.8 US - Market size and forecast 2021-2026
Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
7.9 The Netherlands - Market size and forecast 2021-2026
Exhibit 66: Chart on The Netherlands - Market size and forecast 2021-2026 ($ million)
Exhibit 67: Data Table on The Netherlands - Market size and forecast 2021-2026 ($ million)
Exhibit 68: Chart on The Netherlands - Year-over-year growth 2021-2026 (%)
Exhibit 69: Data Table on The Netherlands - Year-over-year growth 2021-2026 (%)
7.10 Japan - Market size and forecast 2021-2026
Exhibit 70: Chart on Japan - Market size and forecast 2021-2026 ($ million)
Exhibit 71: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
Exhibit 72: Chart on Japan - Year-over-year growth 2021-2026 (%)
Exhibit 73: Data Table on Japan - Year-over-year growth 2021-2026 (%)
7.11 China - Market size and forecast 2021-2026
Exhibit 74: Chart on China - Market size and forecast 2021-2026 ($ million)
Exhibit 75: Data Table on China - Market size and forecast 2021-2026 ($ million)
Exhibit 76: Chart on China - Year-over-year growth 2021-2026 (%)
Exhibit 77: Data Table on China - Year-over-year growth 2021-2026 (%)
7.12 Canada - Market size and forecast 2021-2026
Exhibit 78: Chart on Canada - Market size and forecast 2021-2026 ($ million)
Exhibit 79: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
Exhibit 80: Chart on Canada - Year-over-year growth 2021-2026 (%)
Exhibit 81: Data Table on Canada - Year-over-year growth 2021-2026 (%)
7.13 Market opportunity By Geographical Landscape
Exhibit 82: Market opportunity By Geographical Landscape ($ million)

8 Drivers, Challenges, and Trends

8.1 Market drivers
8.2 Market challenges
8.3 Impact of drivers and challenges
Exhibit 83: Impact of drivers and challenges in 2021 and 2026
8.4 Market trends

9 Vendor Landscape

9.1 Overview
9.2 Vendor landscape
Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
9.3 Landscape disruption
Exhibit 85: Overview on factors of disruption
9.4 Industry risks
Exhibit 86: Impact of key risks on business

10 Vendor Analysis

10.1 Vendors covered
Exhibit 87: Vendors covered
10.2 Market positioning of vendors
Exhibit 88: Matrix on vendor position and classification
10.3 Advanced Grow lights
Exhibit 89: Advanced Grow lights - Overview
Exhibit 90: Advanced Grow lights - Product / Service
Exhibit 91: Advanced Grow lights - Key offerings
10.4 Agrowtek Inc.
Exhibit 92: Agrowtek Inc. - Overview
Exhibit 93: Agrowtek Inc. - Product / Service
Exhibit 94: Agrowtek Inc. - Key offerings
10.5 Argus Control Systems Ltd.
Exhibit 95: Argus Control Systems Ltd. - Overview
Exhibit 96: Argus Control Systems Ltd. - Product / Service
Exhibit 97: Argus Control Systems Ltd. - Key offerings
10.6 Certhon
Exhibit 98: Certhon - Overview
Exhibit 99: Certhon - Product / Service
Exhibit 100: Certhon - Key offerings
10.7 Dalsem Greenhouse Projects BV
Exhibit 101: Dalsem Greenhouse Projects BV - Overview
Exhibit 102: Dalsem Greenhouse Projects BV - Product / Service
Exhibit 103: Dalsem Greenhouse Projects BV - Key offerings
10.8 Industries Harnois Inc.
Exhibit 104: Industries Harnois Inc. - Overview
Exhibit 105: Industries Harnois Inc. - Product / Service
Exhibit 106: Industries Harnois Inc. - Key offerings
10.9 Richel Group SAS
Exhibit 107: Richel Group SAS - Overview
Exhibit 108: Richel Group SAS - Product / Service
Exhibit 109: Richel Group SAS - Key offerings
10.10 Urban Crop Solutions
Exhibit 110: Urban Crop Solutions - Overview
Exhibit 111: Urban Crop Solutions - Product / Service
Exhibit 112: Urban Crop Solutions - Key offerings
10.11 Vertical Farm Systems Pty Ltd
Exhibit 113: Vertical Farm Systems Pty Ltd - Overview
Exhibit 114: Vertical Farm Systems Pty Ltd - Product / Service
Exhibit 115: Vertical Farm Systems Pty Ltd - Key offerings
10.12 ZipGrow Inc.
Exhibit 116: ZipGrow Inc. - Overview
Exhibit 117: ZipGrow Inc. - Product / Service
Exhibit 118: ZipGrow Inc. - Key offerings

11 Appendix

11.1 Scope of the report
11.2 Inclusions and exclusions checklist
Exhibit 119: Inclusions checklist
Exhibit 120: Exclusions checklist
11.3 Currency conversion rates for US$
Exhibit 121: Currency conversion rates for US$
11.4 Research methodology
Exhibit 122: Research methodology
Exhibit 123: Validation techniques employed for market sizing
Exhibit 124: Information sources
11.5 List of abbreviations
Exhibit 125: List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Application
Exhibits 6: Executive Summary - Chart on Incremental Growth
Exhibits 7: Executive Summary - Data Table on Incremental Growth
Exhibits 8: Executive Summary - Chart on Vendor Market Positioning
Exhibits 9: Parent market
Exhibits 10: Market Characteristics
Exhibits 11: Offerings of vendors included in the market definition
Exhibits 12: Market segments
Exhibits 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
Exhibits 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
Exhibits 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
Exhibits 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)
Exhibits 17: Five forces analysis - Comparison between2021 and 2026
Exhibits 18: Chart on Bargaining power of buyers - Impact of key factors 2021 and 2026
Exhibits 19: Bargaining power of suppliers - Impact of key factors in 2021 and 2026
Exhibits 20: Threat of new entrants - Impact of key factors in 2021 and 2026
Exhibits 21: Threat of substitutes - Impact of key factors in 2021 and 2026
Exhibits 22: Threat of rivalry - Impact of key factors in 2021 and 2026
Exhibits 23: Chart on Market condition - Five forces 2021 and 2026
Exhibits 24: Chart on Application - Market share 2021-2026 (%)
Exhibits 25: Data Table on Application - Market share 2021-2026 (%)
Exhibits 26: Chart on Comparison by Application
Exhibits 27: Data Table on Comparison by Application
Exhibits 28: Chart on Greenhouse farming - Market size and forecast 2021-2026 ($ million)
Exhibits 29: Data Table on Greenhouse farming - Market size and forecast 2021-2026 ($ million)
Exhibits 30: Chart on Greenhouse farming - Year-over-year growth 2021-2026 (%)
Exhibits 31: Data Table on Greenhouse farming - Year-over-year growth 2021-2026 (%)
Exhibits 32: Chart on Vertical farming - Market size and forecast 2021-2026 ($ million)
Exhibits 33: Data Table on Vertical farming - Market size and forecast 2021-2026 ($ million)
Exhibits 34: Chart on Vertical farming - Year-over-year growth 2021-2026 (%)
Exhibits 35: Data Table on Vertical farming - Year-over-year growth 2021-2026 (%)
Exhibits 36: Market opportunity by Application ($ million)
Exhibits 37: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 38: Chart on Market share By Geographical Landscape 2021-2026 (%)
Exhibits 39: Data Table on Market share By Geographical Landscape 2021-2026 (%)
Exhibits 40: Chart on Geographic comparison
Exhibits 41: Data Table on Geographic comparison
Exhibits 42: Chart on Europe - Market size and forecast 2021-2026 ($ million)
Exhibits 43: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
Exhibits 44: Chart on Europe - Year-over-year growth 2021-2026 (%)
Exhibits 45: Data Table on Europe - Year-over-year growth 2021-2026 (%)
Exhibits 46: Chart on APAC - Market size and forecast 2021-2026 ($ million)
Exhibits 47: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
Exhibits 48: Chart on APAC - Year-over-year growth 2021-2026 (%)
Exhibits 49: Data Table on APAC - Year-over-year growth 2021-2026 (%)
Exhibits 50: Chart on North America - Market size and forecast 2021-2026 ($ million)
Exhibits 51: Data Table on North America - Market size and forecast 2021-2026 ($ million)
Exhibits 52: Chart on North America - Year-over-year growth 2021-2026 (%)
Exhibits 53: Data Table on North America - Year-over-year growth 2021-2026 (%)
Exhibits 54: Chart on South America - Market size and forecast 2021-2026 ($ million)
Exhibits 55: Data Table on South America - Market size and forecast 2021-2026 ($ million)
Exhibits 56: Chart on South America - Year-over-year growth 2021-2026 (%)
Exhibits 57: Data Table on South America - Year-over-year growth 2021-2026 (%)
Exhibits 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibits 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
Exhibits 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
Exhibits 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
Exhibits 62: Chart on US - Market size and forecast 2021-2026 ($ million)
Exhibits 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
Exhibits 64: Chart on US - Year-over-year growth 2021-2026 (%)
Exhibits 65: Data Table on US - Year-over-year growth 2021-2026 (%)
Exhibits 66: Chart on The Netherlands - Market size and forecast 2021-2026 ($ million)
Exhibits 67: Data Table on The Netherlands - Market size and forecast 2021-2026 ($ million)
Exhibits 68: Chart on The Netherlands - Year-over-year growth 2021-2026 (%)
Exhibits 69: Data Table on The Netherlands - Year-over-year growth 2021-2026 (%)
Exhibits 70: Chart on Japan - Market size and forecast 2021-2026 ($ million)
Exhibits 71: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
Exhibits 72: Chart on Japan - Year-over-year growth 2021-2026 (%)
Exhibits 73: Data Table on Japan - Year-over-year growth 2021-2026 (%)
Exhibits 74: Chart on China - Market size and forecast 2021-2026 ($ million)
Exhibits 75: Data Table on China - Market size and forecast 2021-2026 ($ million)
Exhibits 76: Chart on China - Year-over-year growth 2021-2026 (%)
Exhibits 77: Data Table on China - Year-over-year growth 2021-2026 (%)
Exhibits 78: Chart on Canada - Market size and forecast 2021-2026 ($ million)
Exhibits 79: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
Exhibits 80: Chart on Canada - Year-over-year growth 2021-2026 (%)
Exhibits 81: Data Table on Canada - Year-over-year growth 2021-2026 (%)
Exhibits 82: Market opportunity By Geographical Landscape ($ million)
Exhibits 83: Impact of drivers and challenges in 2021 and 2026
Exhibits 84: Overview on Criticality of inputs and Factors of differentiation
Exhibits 85: Overview on factors of disruption
Exhibits 86: Impact of key risks on business
Exhibits 87: Vendors covered
Exhibits 88: Matrix on vendor position and classification
Exhibits 89: Advanced Grow lights - Overview
Exhibits 90: Advanced Grow lights - Product / Service
Exhibits 91: Advanced Grow lights - Key offerings
Exhibits 92: Agrowtek Inc. - Overview
Exhibits 93: Agrowtek Inc. - Product / Service
Exhibits 94: Agrowtek Inc. - Key offerings
Exhibits 95: Argus Control Systems Ltd. - Overview
Exhibits 96: Argus Control Systems Ltd. - Product / Service
Exhibits 97: Argus Control Systems Ltd. - Key offerings
Exhibits 98: Certhon - Overview
Exhibits 99: Certhon - Product / Service
Exhibits 100: Certhon - Key offerings
Exhibits 101: Dalsem Greenhouse Projects BV - Overview
Exhibits 102: Dalsem Greenhouse Projects BV - Product / Service
Exhibits 103: Dalsem Greenhouse Projects BV - Key offerings
Exhibits 104: Industries Harnois Inc. - Overview
Exhibits 105: Industries Harnois Inc. - Product / Service
Exhibits 106: Industries Harnois Inc. - Key offerings
Exhibits 107: Richel Group SAS - Overview
Exhibits 108: Richel Group SAS - Product / Service
Exhibits 109: Richel Group SAS - Key offerings
Exhibits 110: Urban Crop Solutions - Overview
Exhibits 111: Urban Crop Solutions - Product / Service
Exhibits 112: Urban Crop Solutions - Key offerings
Exhibits 113: Vertical Farm Systems Pty Ltd - Overview
Exhibits 114: Vertical Farm Systems Pty Ltd - Product / Service
Exhibits 115: Vertical Farm Systems Pty Ltd - Key offerings
Exhibits 116: ZipGrow Inc. - Overview
Exhibits 117: ZipGrow Inc. - Product / Service
Exhibits 118: ZipGrow Inc. - Key offerings
Exhibits 119: Inclusions checklist
Exhibits 120: Exclusions checklist
Exhibits 121: Currency conversion rates for US$
Exhibits 122: Research methodology
Exhibits 123: Validation techniques employed for market sizing
Exhibits 124: Information sources
Exhibits 125: List of abbreviations

Executive Summary

The publisher recognizes the following companies as the key players in the global indoor farming technologies market: Advanced Grow lights, Agrowtek Inc., Argus Control Systems Ltd., California LightWorks, Certhon, Dalsem Greenhouse Projects BV, General Electric Co., GreenTech Agro LLC, Growlink, Honeywell International Inc., Industries Harnois Inc., KCC Companies, Koninklijke Philips NV, Link4 Corp., LumiGrow Inc., Motorleaf, Richel Group SAS, Urban Crop Solutions, Vertical Farm Systems Pty Ltd, and ZipGrow Inc.

Commenting on the report, an analyst from the research team said: 'The latest trend gaining momentum in the market is increasing need for food security.'

According to the report, one of the major drivers for this market is the need to improve the yield of crops and reduce crop wastage.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.