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Asia Pacific Indoor Farming Market Size, Share & Industry Trends Analysis Report By Component, By Facility Type (Greenhouses, Vertical Farms), By Crop Type, By Country and Growth Forecast, 2022-2028

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    Report

  • 99 Pages
  • April 2022
  • Region: Asia Pacific
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5600751
The Asia Pacific Indoor Farming Market is expected to witness market growth of 13.3% CAGR during the forecast period (2022-2028).

Indoor farms, which use piled layers of potted seeds to increase total crop production per unit area, contribute to driving the industry. Indoor farming employs aquaponics and hydroponics, as well as artificial lights to provide appropriate light and nutrients. Increased health awareness and the consumption of residue-free food have cleared the path for innovative techniques like indoor farming to be used. People are producing the essential crops on a very low scale in their homes in order to have pest-free edibles, which has resulted in a higher yield.

New technology must be developed to lower the carbon impact of indoor agriculture. Because large farms are required to monitor, manage, provide, and collect nutrients, farmers are more interested in investing in technologies that will lower their labor costs. As a result, entirely automated urban farms based on vertical agriculture and regulated agriculture in the environment may be possible in the future.

Due to the presence of numerous indoor farms, nations such as Japan and China are expected to experience significant development in the coming years. Additionally, the region's constantly growing population has resulted in an increase in demand for organic food, leading to the construction of greenhouses as well as vertical farms to increase the production of crops. Due to the availability of less productive agricultural land, a growing awareness of the importance of alternative farming practices is likely to stimulate regional demand.

There is an increase in the demand for indoor farming technology in this region as a result of increased international business lines investing in agriculture activities to exclusively fulfill the demands of crop farmers for export-quality commodities. Additionally, the farming business in the Asia Pacific area has been changing away from traditional agricultural practices and toward modern and innovative ways.

The China market dominated the Asia Pacific Indoor Farming Market by Country in 2021, and is expected to continue to be a dominant market till 2028; thereby, achieving a market value of $7,388.1 million by 2028. The Japan market is experiencing a CAGR of 12.7% during (2022-2028). Additionally, The India market is expected to exhibit a CAGR of 14% during (2022-2028).

Based on Component, the market is segmented into Hardware (Lighting systems, Irrigation systems, Sensors, and Climate control systems) and Software (Web-Based and Cloud-Based). Based on Facility Type, the market is segmented into Greenhouses, Vertical Farms, and Others. Based on Crop Type, the market is segmented into Tomato, Lettuce, Bell & Chili Peppers, Strawberry, Leafy Greens, Herbs, Cucumber, Flowers & Ornamentals, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Orbia Advance Corporation, Certhon, General Hydroponics, Hydrodynamics International, Argus Control Systems Limited, Priva BV, LumiGrow, Inc., Richel Group, and Vertical Farm Systems Pty Ltd.

Scope of the Study


Market Segments Covered in the Report:


By Component
  • Hardware
    • Lighting systems
    • Irrigation systems
    • Sensors
    • Climate control systems
  • Software
    • Web-Based
    • Cloud-Based
By Facility Type
  • Greenhouses
  • Vertical Farms
  • Others
By Crop Type
  • Tomato
  • Lettuce
  • Bell & Chili Peppers
  • Strawberry
  • Leafy Greens
  • Herbs
  • Cucumber
  • Flowers & Ornamentals
  • Others

By Country
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

Key Market Players


List of Companies Profiled in the Report:

  • Orbia Advance Corporation
  • Certhon
  • General Hydroponics
  • Hydrodynamics International
  • Argus Control Systems Limited
  • Priva BV
  • LumiGrow, Inc.
  • Richel Group
  • Vertical Farm Systems Pty Ltd

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Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Indoor Farming Market, by Component
1.4.2 Asia Pacific Indoor Farming Market, by Facility Type
1.4.3 Asia Pacific Indoor Farming Market, by Crop Type
1.4.4 Asia Pacific Indoor Farming Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies deployed in Indoor Farming Market
Chapter 4. Asia Pacific Indoor Farming Market by Component
4.1 Asia Pacific Hardware Market by Country
4.2 Asia Pacific Indoor Farming Market by Hardware Type
4.2.1 Asia Pacific Lighting systems Market by Country
4.2.2 Asia Pacific Irrigation systems Market by Country
4.2.3 Asia Pacific Sensors Market by Country
4.2.4 Asia Pacific Climate control systems Market by Country
4.3 Asia Pacific Software Market by Country
4.4 Asia Pacific Indoor Farming Market by Software Type
4.4.1 Asia Pacific Web-Based Market by Country
4.4.2 Asia Pacific Cloud-Based Market by Country
Chapter 5. Asia Pacific Indoor Farming Market by Facility Type
5.1 Asia Pacific Greenhouses Market by Country
5.2 Asia Pacific Vertical Farms Market by Country
5.3 Asia Pacific Others Market by Country
Chapter 6. Asia Pacific Indoor Farming Market by Crop Type
6.1 Asia Pacific Tomato Market by Country
6.2 Asia Pacific Lettuce Market by Country
6.3 Asia Pacific Bell & Chili Peppers Market by Country
6.4 Asia Pacific Strawberry Market by Country
6.5 Asia Pacific Leafy Greens Market by Country
6.6 Asia Pacific Herbs Market by Country
6.7 Asia Pacific Cucumber Market by Country
6.8 Asia Pacific Flowers & Ornamentals Market by Country
6.9 Asia Pacific Others Market by Country
Chapter 7. Asia Pacific Indoor Farming Market by Country
7.1 China Indoor Farming Market
7.1.1 China Indoor Farming Market by Component
7.1.1.1 China Indoor Farming Market by Hardware Type
7.1.1.2 China Indoor Farming Market by Software Type
7.1.2 China Indoor Farming Market by Facility Type
7.1.3 China Indoor Farming Market by Crop Type
7.2 Japan Indoor Farming Market
7.2.1 Japan Indoor Farming Market by Component
7.2.1.1 Japan Indoor Farming Market by Hardware Type
7.2.1.2 Japan Indoor Farming Market by Software Type
7.2.2 Japan Indoor Farming Market by Facility Type
7.2.3 Japan Indoor Farming Market by Crop Type
7.3 India Indoor Farming Market
7.3.1 India Indoor Farming Market by Component
7.3.1.1 India Indoor Farming Market by Hardware Type
7.3.1.2 India Indoor Farming Market by Software Type
7.3.2 India Indoor Farming Market by Facility Type
7.3.3 India Indoor Farming Market by Crop Type
7.4 South Korea Indoor Farming Market
7.4.1 South Korea Indoor Farming Market by Component
7.4.1.1 South Korea Indoor Farming Market by Hardware Type
7.4.1.2 South Korea Indoor Farming Market by Software Type
7.4.2 South Korea Indoor Farming Market by Facility Type
7.4.3 South Korea Indoor Farming Market by Crop Type
7.5 Singapore Indoor Farming Market
7.5.1 Singapore Indoor Farming Market by Component
7.5.1.1 Singapore Indoor Farming Market by Hardware Type
7.5.1.2 Singapore Indoor Farming Market by Software Type
7.5.2 Singapore Indoor Farming Market by Facility Type
7.5.3 Singapore Indoor Farming Market by Crop Type
7.6 Malaysia Indoor Farming Market
7.6.1 Malaysia Indoor Farming Market by Component
7.6.1.1 Malaysia Indoor Farming Market by Hardware Type
7.6.1.2 Malaysia Indoor Farming Market by Software Type
7.6.2 Malaysia Indoor Farming Market by Facility Type
7.6.3 Malaysia Indoor Farming Market by Crop Type
7.7 Rest of Asia Pacific Indoor Farming Market
7.7.1 Rest of Asia Pacific Indoor Farming Market by Component
7.7.1.1 Rest of Asia Pacific Indoor Farming Market by Hardware Type
7.7.1.2 Rest of Asia Pacific Indoor Farming Market by Software Type
7.7.2 Rest of Asia Pacific Indoor Farming Market by Facility Type
7.7.3 Rest of Asia Pacific Indoor Farming Market by Crop Type
Chapter 8. Company Profiles
8.1 Orbia Advance Corporation (Netafim Ltd.)
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent Strategies and Developments:
8.1.5.1 Acquisitions and Mergers:
8.1.5.2 Partnerships, Collaborations and Agreements:
8.1.5.3 Product Launches and Product Expansions:
8.2 Certhon
8.2.1 Company Overview
8.2.2 Recent Strategies and Developments:
8.2.2.1 Acquisitions and Mergers:
8.3 General Hydroponics (Hawthorne Gardening Co.)
8.3.1 Company Overview
8.4 Hydrodynamics International
8.4.1 Company Overview
8.5 Argus Control Systems Limited
8.5.1 Company Overview
8.5.2 Recent strategies and developments:
8.5.2.1 Partnerships, Collaborations, and Agreements:
8.5.2.2 Product Launches and Product Expansions:
8.6 Priva BV (Priva Holding B.V.)
8.6.1 Company Overview
8.7 LumiGrow, Inc.
8.7.1 Company Overview
8.7.2 Recent strategies and developments:
8.7.2.1 Product Launches and Product Expansions:
8.8 Richel Group S.A. (Greenstep)
8.8.1 Company Overview
8.9 Vertical Farm Systems Pty Ltd
8.9.1 Company Overview

Companies Mentioned

  • Orbia Advance Corporation
  • Certhon
  • General Hydroponics
  • Hydrodynamics International
  • Argus Control Systems Limited
  • Priva BV
  • LumiGrow, Inc.
  • Richel Group
  • Vertical Farm Systems Pty Ltd

Methodology

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