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Pulished Date April, 2021
ID: 10547
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Asia Pacific Indoor Farming Market Segmentation by Technology (Hardware, Software & Services, Integrated System), Installation (Greenhouse, Indoor Vertical Farm, Container Farms), Cultivation Method (Hydroponics, Aeroponics, Aquaponics, Soil-Based and Hybrid), and Product (Vegetables, Fruits, Microgreens and Herbs, Medicinal Crop, and Others) and Region – Analysis and Forecast to 2026.

Pulished: April, 2021
ID: 10547
Pages: 145

Asia Pacific Indoor Farming Market Size, Growth, Trends and Forecast:

The Asia Pacific Indoor Farming market is estimated to be the fastest-growing regional sector around the world and is likely to increase much further with supportive government initiatives during the forecast period of 2021-2026.

COVID-19 impact on the Asia Pacific Indoor Farming Market:

The Asia Pacific region has been affected a lot due to the coronavirus pandemic more than any other region as the first case was found in China, and it has been spread all over the world with the greatest number of cases recorded in the Asia Pacific nations like India, China, etc. COVID-19 pandemic has impacted the business by directly affecting the production, creating supply chain disturbance and financial crisis. Due to COVID-19, many sectors have impacted like restaurants, manufacturing units, flights, traveling and so many sectors to halt their services.

Because of the coronavirus, the Asia Pacific Indoor Farming market is also facing difficulties and huge financial losses due to the strict lockdown conditions in several nations. As per the analysis, experts from the industry are predicting that the industry will boost up and will be back to the normal stage once the vaccine gets released. The government has already lifted the lockdown in most of the countries and gave permission for the companies to start their businesses with strict rules and regulations, which is likely to positively influence the indoor farming market in this locale.

Asia Pacific Indoor Farming Market Driving:

One of the major driving factors that help the growth of the Asia Pacific Indoor Farming market is the rise in demand for fresh foods with higher nutritive value. The increase in populations in nations like India, China, etc., has augmented the need for food production, which is acting positively for the APAC indoor farming market. Also, the decrease in cultivation land due to rapid urbanization is also propelling the need for indoor farming in this area. Rising calls for higher yields using limited space and water are some of the additional factors supporting developments in the Asia Pacific Indoor Farming market.

Asia Pacific Indoor Farming Market Challenges:

Factors such as high investment and initial costs, limitations involved with labor and workforce are the major restraints that are challenging the growth of the Indoor Farming market in the Asia Pacific region.

Asia Pacific Indoor Farming Market Segmentation:

Asia Pacific Indoor Farming Market – By Installation:

  • greenhouses

  • indoor vertical farms
  • container farms
  • others

Among these, the greenhouses segment holds a prominent share of the regional market.

Asia Pacific Indoor Farming Market – By Technology:

  • hardware
  • software & services
  • integrated system

Hardware components such as climate control systems and lighting systems are used to control the climate, which finds increased demand in the worldwide market.

Asia Pacific Indoor Farming Market – By Cultivation Method:

  • hydroponics
  • aeroponics
  • aquaponics
  • soil-based and hybrid

Of these, the hydroponics method is known to control several associated risks and offer sufficient fresh produce.

Asia Pacific Indoor Farming Market – By Product:

  • fruits & vegetables
  • herbs & microgreens
  • medicinal crops
  • other types

In general, indoor farming is largely used for the cultivation of fruits & vegetables such as leafy vegetables, cucumbers, tomatoes, potatoes, and eggplants.

Regional Analysis:

The Asia Pacific region is expected to increase in the market of Indoor Farming owing to the rising need for fresh food with the burgeoning population, especially in countries such as India, China, etc. The regional market is also estimated to record significant growth in the coming years due to the increasing government subsidies.  

Key market players:

Some of the key players of the Indoor Farming market are Vertical Farm Systems (Australia), Richel Group (France), LumiGrow (US), Logiqs (Netherlands), Illumitex (US), Philips Lighting (Netherlands), Hydrodynamics International (US), General Hydroponics (US), EVERLIGHT Electronics (Taiwan), Netafim (Israel), Argus Controls Systems (Canada) and agrilution (Germany).

1. Introduction                                 

                1.1 Market Definition                    

                1.2 Scope of the report                

                1.3 Study Assumptions                 

                1.4 Base Currency, Base Year and Forecast Periods     

2. Research Methodology                                           

                2.1 Analysis Design                         

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Data Modelling      

                                2.2.4 Expert Validation  

                2.3 Study Timeline                          

3. Report Overview                                        

                3.1 Executive Summary                

                3.2 Key Inferencees                       

4. Market Dynamics                                       

                4.1 Impact Analysis                         

                                4.1.1 Drivers      

                                4.1.2 Restaints  

                                4.1.3 Opportunities        

                4.2 Regulatory Environment                       

                4.3 Technology Timeline & Recent Trends  

5. Competitor Benchmarking Analysis                                    

                5.1 Key Player Benchmarking                     

                                5.1.1 Market share analysis        

                                5.1.2 Products/Service  

                                5.1.3 Regional Presence               

                5.2 Mergers & Acquistion Landscape                      

                5.3 Joint Ventures & Collaborations                        

6. Market Segmentation                                              

     6.1 Indoor Farming Technology Market, By Growing System                       

                                6.1.1 Hydroponics           

                                6.1.2 Aeroponics             

                                6.1.3 Aquaponics             

                                6.1.4 Soil-based

                                6.1.5 Hybrid       

        6.1.6 Market Size Estimations & Forecasts (2019-2024)   

                                6.1.7 Y-o-Y Growth Rate Analysis  

                                6.1.8 Market Attractiveness Index          

 6.2 Indoor Farming Technology Market, By Facility Type 

                                6.2.1 Glass or Poly Greenhouses 

                                6.2.2 Container Farms   

                                6.2.3 Indoor Vertical Farms         

         6.2.4 Indoor Deep Water Culture (DWC) Frameworks    

        6.2.5 Market Size Estimations & Forecasts (2019-2024)  

                                6.2.6 Y-o-Y Growth Rate Analysis  

                                6.2.7 Market Attractiveness Index          

    6.3 Indoor Farming Technology Market, By Component 

                                6.3.1 Hardware

                                6.3.2 Software and Solutions     

       6.3.3 Market Size Estimations & Forecasts (2019-2024)  

                                6.3.4 Y-o-Y Growth Rate Analysis  

                                6.3.5 Market Attractiveness Index          

     6.4 Indoor Farming Technology Market, By Crop Type    

                                6.4.1 Fruits & Vegetables             

                                6.4.2 Herbs & Microgreens         

                                6.4.3 Flowers & Ornamentals     

         6.4.4 Market Size Estimations & Forecasts (2019-2024)   

                                6.4.5 Y-o-Y Growth Rate Analysis   

                                6.4.6 Market Attractiveness Index          

7. Geographical Landscape                                         

     7.1 Global Identity Governance and Administration Market, by Region

 7.2 North America - Market Analysis (2021- 2026)    

                                7.2.1 By Country              

                                                7.2.1.1 USA

                                                7.2.1.2 Canada

                                7.2.2 By Growing System             

                                7.2.3 By Facility Type      

                                7.2.4 By Component      

                                7.2.5 By Crop Type          

                7.3 Europe                         

                                7.3.1 By Country              

                                                7.3.1.1 UK

                                                7.3.1.2 France

                                                7.3.1.3 Germany

                                                7.3.1.4 Spain

                                                7.3.1.5 Italy

                                                7.3.1.6 Rest of Europe

                                7.3.2 By Growing System             

                                7.3.3 By Facility Type      

                                7.3.4 By Component      

                                7.3.5 By Crop Type          

                7.4 Asia Pacific                  

                                7.4.1 By Country              

                                                7.4.1.1 China

                                                7.4.1.2 India

                                                7.4.1.3 Japan

                                                7.4.1.4 South Korea

                                                7.4.1.5 South East Asia

                                                7.4.1.6 Australia & NZ

                                                7.4.1.7 Rest of Asia-Pacific

                                7.4.2 By Growing System             

                                7.4.3 By Facility Type      

                                7.4.4 By Component      

                                7.4.5 By Crop Type          

                7.5 Latin America                             

                                7.5.1 By Country              

                                                7.5.1.1 Brazil

                                                7.5.1.2 Argentina

                                                7.5.1.3 Mexico

                                                7.5.1.4 Rest of Latin America

                                7.5.2 By Growing System             

                                7.5.3 By Facility Type      

                                7.5.4 By Component      

                                7.5.5 By Crop Type          

                7.6 Middle East and Africa                           

                                7.6.1 By Country              

                                                7.6.1.1 Middle East

                                                7.6.1.2 Africa

                                7.6.2 By Growing System             

                                7.6.3 By Facility Type      

                                7.6.4 By Component      

                                7.6.5 By Crop Type          

8. Key Player Analysis                                    

                8.1 AeroFarms                  

                                8.1.1 Business Description           

                                8.1.2 Products/Service  

                                8.1.3 Financials 

                                8.1.4 SWOT Analysis       

                                8.1.5 Recent Developments       

                                8.1.6 Analyst Overview 

                8.2 BrightFarms Inc.                       

                8.3 Bowery Inc.                

                8.4 FreshBox Farms                        

                8.5 Metropolis Farms Inc.                            

                8.6 Philips Lighting                          

                8.7 Netafim                       

                8.8 Argus Controls Systems                        

                8.9 LumiGrow                   

9. Market Outlook & Investment Opportunities                                

Appendix                                           

                List of Tables                     

                List of Figures                   

  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Asia Pacific Indoor Farming Technology Market By Growing System, From 2021-2026 ( USD Billion )
  2. Asia Pacific Hydroponics Market By Region, From 2021-2026 ( USD Billion )
  3. Asia Pacific Aeroponics Market By Region, From 2021-2026 ( USD Billion )
  4. Asia Pacific Aquaponics Market By Region, From 2021-2026 ( USD Billion )
  5. Asia Pacific Soil-based Market By Region, From 2021-2026 ( USD Billion )
  6. Asia Pacific Hybrid Market By Region, From 2021-2026 ( USD Billion )
  7. Asia Pacific Indoor Farming Technology Market By Facility Type, From 2021-2026 ( USD Billion )
  8. Asia Pacific Glass or Poly Greenhouses Market By Region, From 2021-2026 ( USD Billion )
  9. Asia Pacific Container Farms Market By Region, From 2021-2026 ( USD Billion )
  10. Asia Pacific Indoor Vertical Farms Market By Region, From 2021-2026 ( USD Billion )
  11. Asia Pacific Indoor Deep Water Culture (DWC) Frameworks Market By Region, From 2021-2026 ( USD Billion )
  12. Asia Pacific Indoor Farming Technology Market By Component, From 2021-2026 ( USD Billion )
  13. Asia Pacific Hardware Market By Region, From 2021-2026 ( USD Billion )
  14. Asia Pacific Software and Solutions Market By Region, From 2021-2026 ( USD Billion )
  15. Asia Pacific Indoor Farming Technology Market By Crop Type, From 2021-2026 ( USD Billion )
  16. Asia Pacific Fruits & Vegetables Market By Region, From 2021-2026 ( USD Billion )
  17. Asia Pacific Herbs & Microgreens Market By Region, From 2021-2026 ( USD Billion )
  18. Asia Pacific Flowers & Ornamentals Market By Region, From 2021-2026 ( USD Billion )
  19. Japan Indoor Farming Technology Market By Growing System, From 2021-2026 ( USD Billion )
  20. Japan Indoor Farming Technology Market By Facility Type, From 2021-2026 ( USD Billion )
  21. Japan Indoor Farming Technology Market By Component, From 2021-2026 ( USD Billion )
  22. Japan Indoor Farming Technology Market By Crop Type, From 2021-2026 ( USD Billion )
  23. China Indoor Farming Technology Market By Growing System, From 2021-2026 ( USD Billion )
  24. China Indoor Farming Technology Market By Facility Type, From 2021-2026 ( USD Billion )
  25. China Indoor Farming Technology Market By Component, From 2021-2026 ( USD Billion )
  26. China Indoor Farming Technology Market By Crop Type, From 2021-2026 ( USD Billion )
  27. India Indoor Farming Technology Market By Growing System, From 2021-2026 ( USD Billion )
  28. India Indoor Farming Technology Market By Facility Type, From 2021-2026 ( USD Billion )
  29. India Indoor Farming Technology Market By Component, From 2021-2026 ( USD Billion )
  30. India Indoor Farming Technology Market By Crop Type, From 2021-2026 ( USD Billion )
  31. Australia Indoor Farming Technology Market By Growing System, From 2021-2026 ( USD Billion )
  32. Australia Indoor Farming Technology Market By Facility Type, From 2021-2026 ( USD Billion )
  33. Australia Indoor Farming Technology Market By Component, From 2021-2026 ( USD Billion )
  34. Australia Indoor Farming Technology Market By Crop Type, From 2021-2026 ( USD Billion )
  35. South Korea Indoor Farming Technology Market By Growing System, From 2021-2026 ( USD Billion )
  36. South Korea Indoor Farming Technology Market By Facility Type, From 2021-2026 ( USD Billion )
  37. South Korea Indoor Farming Technology Market By Component, From 2021-2026 ( USD Billion )
  38. South Korea Indoor Farming Technology Market By Crop Type, From 2021-2026 ( USD Billion )

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