As per this study the Global Smart Indoor Garden Market was valued USD XX MN (by revenue) in 2019 and is anticipated to reach USD XX MN by 2026 with a CAGR of XX%.
Smart indoor garden refers to gardening and farming solution controlled by the computer. It is used to grow various vegetables and herbs in soil less pots. It comprises of biodegradable plant capsule, LED lamps, humidifiers and wireless connectivity with various smart sensors. The smart garden system includes smart sensors that take care of water, oxygen and other essential nutrients required by the plants.
Rising urban societies coupled with growing global demand for food is driving the market growth. Owing to soil free, easy and user-friendly solution with low water demand is boosting the market demand. Also, smart indoor garden provides fresh vegetables with more antioxidants in cost effective way, this is further fueling the market growth. Moreover, increasing R&D to push indoor gardening and food cultivation techniques is likely to foster the market demand in the forecasting period.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of smart indoor garden.
The broad smart indoor garden market has been sub-grouped into type and technique. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
- Small Garden
- Wall Garden
- Self Watering
- Smart Sensing
- Smart Pest Management
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for smart indoor garden in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Smart Indoor Garden Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the smart indoor garden market include Aero Farms, AVA Technologies Inc., Click and Grow, EDN Inc., Grobo Inc., and Sprouts IO among others. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.