Smart Indoor Garden Market was valued at USD 122.75 Million in 2022, and it is expected to reach USD 225.70 Million by 2029, exhibiting a CAGR of 9.09 % during the forecast period (2023-2029).
Smart Indoor Garden Market Overview
Maximize Market Research’s new report on the Global Smart Indoor Garden Market 2023-2029 is a valuable resource for understanding the market’s competitors and gaining key business insights. The report provides a comprehensive overview of the market, including its value chain structure, geographical analysis, applications, market size, and forecast (2023-2029). This information can be used to make more informed decisions about the current and future state of the global Smart Indoor Garden market.
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Smart Indoor Garden Market Scope
The report focuses on the key factors that are driving and restraining the growth of the Smart Indoor Garden market, as well as the competitive landscape and future prospects. It provides insights into the current and future market trends, demand chain, supply chain, and sales, as well as recent changes in the market.
The report also includes company profiles of the key players in the Smart Indoor Garden market, including their overview, financial performance, product portfolio, and strategies. It also uses SWOT and PESTLE analysis to provide a comprehensive view of the market.
Smart Indoor Garden Market Segmentation
Based on technology, the self-watering sector now rules the global market and is anticipated to remain so during the anticipated time frame. The market’s expansion may be attributed to the enormous demand for automated plant watering systems, which offer a hassle-free experience when growing plants and are extremely well-liked by people with busy schedules. The segment for pest management is predicted to have the highest CAGR during the projection period. In all weather conditions, the Internet of Things (IoT) has made it feasible to apply pest management techniques to prevent infection. Users can now also access information, structural views, and pest control alerts, all of which are expected to support the segment’s expansion.
Residential is anticipated to lead the market in 2022 and for the duration of the projection period in terms of End User revenue share. The significant segment share may be attributed to an increase in global residential development activity. Increasing refurbishment activities are also anticipated to promote the segment’s growth. For instance, a handful of upcoming residential projects in Canada, with a total value of around CAD 3.5 billion, including Oxford Place, Garibaldi at Squamish Ski Resort, and Rockcliffe Lands Redevelopment. Additionally, it is anticipated that the industry will have a very high potential for growth due to the growing per capita income of the global population. The commercial sector is expected to increase at a stable rate in the years to come.
Smart Indoor Garden Market Size and Forecast, by Type (2022-2029)
1. Small Garden
2. Wall Garden
3. Floor Garden
4. Others
Smart Indoor Garden Market Size and Forecast, by Crop Type (2022-2029)
1. Fruits & Vegetables
2. Herbs & Microgreens
3. Flowers & Ornamentals
Smart Indoor Garden Market Size and Forecast, by Technology (2022-2029)
3. Smart Sensing Technology
3. Smart Pest Management Technology
3. Self-Watering Technology
4. Others
Smart Indoor Garden Market Size and Forecast, by End User (2022-2029)
1. Residential
2. Commercial
Smart Indoor Garden Market Size and Forecast, by Growing System (2022-2029)
1. Hydroponics
2. Aeroponics
3. Aquaponics
4. Soil-based
5. Hybrid
Smart Indoor Garden Market Size and Forecast, by Region (2022-2029)
1. North America
2. Europe
3. Asia Pacific
4. Middle East and Africa
5. South America
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Smart Indoor Garden Market Key Players
1. Aero Farms
2. Agrilution GmbH
3. AVA Technologies Inc.
4. BSH Hausgerate GmbH (Robert Bosch Stiftung GmbH)
5. CityCrop Automated Indoor Farming Ltd.
6. Click & Grow LLC
7. EDN Inc.
8. Grobo Inc.
9. Plantui Oy
10. SproutsIO Inc.
11. Metropolis Farms Canada
12. Moistenland LLC
13. Natufia Saudi Arabia LLC
14. Plantui Oy
15. Rise Gardens LLC
16. The Leaf Land Scape
17. Tower Garden
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Smart Indoor Garden Market Regional Analysis
The global Smart Indoor Garden Market’s growth trend is examined in depth throughout the report. It divides the major 5 regions, such as North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa, which have global dominance in the Smart Indoor Garden market.
Key Questions answered in the Smart Indoor Garden Market Report are:
- What are the Smart Indoor Garden market segments?
- What are the global trends in the Smart Indoor Garden Market?
- What are the major challenges that the Smart Indoor Garden Market could face in the future?
- How is the intervention from regulatory authority shaping the Smart Indoor Garden Market?
- Who are the Smart Indoor Garden key players in the industry?
- What growth strategies are the players considering to increase their presence in Smart Indoor Garden Market?
- Which region held the largest Smart Indoor Garden market share in 2022?
- Which regional Smart Indoor Garden market is expected to grow rapidly during the forecast period?
Key offerings:
- A detailed Market Overview
- Market Share, Size & Forecast by Revenue | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis of segments and sub-segments
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
- Recommendations
- Key Findings
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