Global Smart Indoor Garden Market to Generate Revenue of USD 210.0 MN By 2025
Posted On June 25, 2019
Latest report by Value Market Research on Global Smart Indoor Garden Market represents all the important details of the industry that will definitely benefit the interested readers. The Global Smart Indoor Garden Market was valued USD 130.5 MN (by revenue) in 2018 and is anticipated to reach USD 210.0 MN by 2025 with a CAGR of 6.5% during 2019-2025. According to the studies ongoing urbanization and the rising advent of IoT technology around the globe is serving as a major driving factor to the market growth. Advancement in food cultivation technology along with the growing popularity of gardening is also projected to support market growth. Booming interior designing industry and hospitality industry like restaurants and hotels where smart indoor gardens are used to enhance the aesthetic look of these places is further expected to propel the market growth.
The smart indoor garden system is an advanced technology that enables users to grow fresh plants, herbs, and flower faster with high nutrition content without any use of pesticide, plant hormones, and other harmful chemicals. This system encompasses various smart features like smart soil, smart light, and smart nutrition. The smart indoor garden system also has Wi-Fi enabled LED to grow lights, an automatic watering system, and an advanced sensor. The advanced sensor detects and reports the growth conditions based on nutrition concentration, humidity, air temperature and overall water content in the system. This sensor adjusts lighting, planting modes, and water flow based on plants requirement.
The report "Global Smart Indoor Garden Market Report By Type (Small Garden, Wall Garden And Others), By Technology (Self Watering, Smart Sensing, Smart Pest Management And Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2018-2025" present overview of key market facet fueling and curbing market growth. The report also, encompass up-to-date analysis of market trend and recent developments along with the competitive dashboard of the market.
The market segmentation cover type, technology, and region. Type segment include small garden, wall garden and others. A small garden is gaining traction in the market as they are easy to handle and can be placed anywhere in homes. Technology encompasses self-watering, smart sensing, smart pest management and others. Self-watering is dominating the segment and is likely to maintain its dominance over the forecast period. The growth of this segment can be credited to rising need to save water as this system reduce the water evaporation rate and utilize water as much it is required which ultimately contribute to the water saving. Regional segmentation covers North America, Europe, Asia-pacific, Latin America, the Middle East, and Africa. North America is ruling the overall market owing to the rising adoption of the smart indoor garden for growing herbs and veggies along with the growing demand for advanced gardening system in the region.
The Report Segments Global Smart Indoor Garden Market -
Smart Pest Management
Middle East & Africa
Players Profiled In The Report:
Aero Farms, AVA Technologies Inc., Click and Grow, EDN Inc., Grobo Inc., and Sprouts IO among others
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