The global smart indoor garden market size is expected to reach USD 243.3 Million in 2030 and register a revenue CAGR of 8.2% over the forecast period, according to the latest report by Emergen Research. Various key factors such as increase in construction activities in developing countries such as India and China and growing novelty and rising popularity of indoor gardening and available systems are factors driving global smart indoor garden market revenue growth. Smart indoor garden systems allow growing of plants such as herbs, strawberries, and flowers faster in a controlled environment, and without the use of pesticides, plant hormones, or potentially harmful chemicals and substances. Smart indoor garden combines small farming units with upgraded technologies to provide effective gardening solutions.
The report also studies business strategies and strategic alliances undertaken by companies to gain a robust footing in the market. The report sheds light on the mergers and acquisitions, collaborations, joint ventures, brand promotions and product launches, agreements and partnerships, and corporate and government deals. The comprehensive analysis of the competitive landscape offers the readers a deeper understanding about the competitors. The Global Smart Indoor Garden Market report provides full coverage of the companies’ data, including details about their production and manufacturing capacity, product portfolio, business overview, revenue, gross profit margins, sales network and distribution channel, financial standing, and market position.
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Key Players Profiled in the Report are:
Agrilution Systems Gmb, AVA Technologies Inc., CityCrop Automated Indoor Farming, Click & Grow LLC, EDN, Inc., Grobo Inc., SproutsIO Inc., BrightFarms, Bowery Farming Inc., and Metropolis Farms Inc.
Furthermore, the report is attuned with the latest market changes and economic landscape with regard to the currently unfolding COVID-19 pandemic. The crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.
Key Objectives of the Report:
- Analysis and estimation of the Smart Indoor Garden market size and share for the projected period of 2020-2027
- Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
- Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Smart Indoor Garden market
- Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
- Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
Emergen Research has segmented the global smart indoor garden market on the basis of type, crop type, technology, growing system, end use, and region:
Type Outlook (Revenue, USD Million, 2018–2030)
- Small Garden
- Wall Garden
- Floor Garden
Crop Type Outlook (Revenue, USD Million, 2018–2030)
- Fruits & Vegetables
- Herbs and Microgreens
- Flowers and Ornamentals
Technology Outlook (Revenue, USD Million, 2018–2030)
- Smart Sensing Technology
- Smart Pest Management Technology
- Self-Watering Technology
Growing System Outlook (Revenue, USD Million, 2018–2030)
End Use Outlook (Revenue, USD Million, 2018–2030)
Regional Analysis of the Smart Indoor Garden Market:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
The research report on the Smart Indoor Garden market is formulated through extensive primary and secondary research along with qualitative and quantitative analysis of vital aspects of the market. The insightful data is further validated and verified by the industry professionals. The report strives to offer deeper insights into the overall market scenario of the Smart Indoor Garden business sphere.
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