As per this study the Global Smart Indoor Garden Market was valued USD 123.48 MN (by revenue) in 2022 and is anticipated to reach USD 249.87 MN by 2030 with a CAGR of 9.21%.
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.
Market Dynamics
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.
Market Segmentation
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.
By Crop Type
By Growing System
Regional Analysis
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, Bright Farms Inc, Bowery Inc, Fresh Box Farms., Metropolis Farms Inc, Garden Fresh Farms, Village Farms International Inc., Green Sense Farms LLC., Sky Greens (Sky Urban Solutions)., and Click and Grow. 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.
1 . PREFACE
1.1. Report Description
1.1.1. Objective
1.1.2. Target Audience
1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Market Research Process
1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
2.1. Highlights of Market
2.2. Global Market Snapshot
3 . SMART INDOOR GARDEN – INDUSTRY ANALYSIS
3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter’s Five Force Analysis
3.7. Market Attractiveness Analysis
3.7.1 Market Attractiveness Analysis By Crop Type
3.7.2 Market Attractiveness Analysis By Growing System
3.7.3 Market Attractiveness Analysis By Region
4 . VALUE CHAIN ANALYSIS
4.1. Value Chain Analysis
4.2. Raw Material Analysis
4.2.1. List of Raw Materials
4.2.2. Raw Material Manufactures List
4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1. Direct Marketing
4.4.2. Indirect Marketing
4.4.3. Marketing Channel Development Trend
5 . GLOBAL SMART INDOOR GARDEN MARKET ANALYSIS BY CROP TYPE
5.1 Overview by Crop Type
5.2 Historical and Forecast Data
5.3 Analysis by Crop Type
5.4 Fruits & Vegetables Historic and Forecast Sales by Regions
5.5 Herbs And Microgreens Historic and Forecast Sales by Regions
5.6 Flowers And Ornamentals Historic and Forecast Sales by Regions
6 . GLOBAL SMART INDOOR GARDEN MARKET ANALYSIS BY GROWING SYSTEM
6.1 Overview by Growing System
6.2 Historical and Forecast Data
6.3 Analysis by Growing System
6.4 Hydroponics Historic and Forecast Sales by Regions
6.5 Aeroponics Historic and Forecast Sales by Regions
6.6 Aquaponics Historic and Forecast Sales by Regions