New York, NY, Feb. 07, 2023 (GLOBE NEWSWIRE) -- Polaris Market Research has published a new research report titled “Smart Indoor Gardening System Market Share, Size, Trends, Industry Analysis Report, By Type (Floor Garden, Wall Garden), By End-Use (Residential, Commercial); By Technology (Self-watering, Smart Sensing, Smart Pest Management), By Region; Segment Forecast, 2022 - 2030” in its research database.
“According to the latest research study, the global smart indoor gardening system market size & share are expected to generate revenue of USD 3.22 Billion by 2030 and are estimated to be valued at USD 2.06 Billion in 2021, at a compound annual growth rate (CAGR) of 5.2% from 2022 to 2030”.
What are Smart Indoor Gardening Systems? How Big is Smart Indoor Gardening Systems Market Size & Share?
- Report Overview
A smart indoor gardening system is a technology-driven gardening solution that is controlled by Wi-Fi. This device allows users to grow herbs, fresh plants, and flowers using the app that helps manage the unit through smartphones or iOS. This is a modern solution designed for ease of use indoors in homes. Unlike conventional gardening, which requires the use of fertilizers & pesticides to control growth and watering plants, indoor gardening systems include self-watering systems, pest management, and smart soil.
Smart indoor gardening provides its own nutrients to the plants and manages their own lighting and fertilizer dispersal. One can grow vegetables, fruits, and flowers indoors using this system. The growing adoption of innovative systems for smart lighting and smart nutrition is expected to boost market growth. The development of advanced farming techniques and products is predicted to fuel the smart indoor gardening system market size over the forecast period.
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(The sample of this report is readily available on request. The report sample contains a brief introduction to the research report, a Table of Contents, a Graphical introduction of regional analysis, Top players in the market with their revenue analysis, and our research methodology.)
Our Sample Report May Includes:
- 2030 Updated Report Introduction, Overview, and In-depth industry analysis.
- 115+ Pages Research Report (Inclusion of Updated Research).
- Provide Chapter-wise guidance on Requests.
- 2022 Updated Regional Analysis with Graphical Representation of Size, Share & Trends
- Includes Updated List of tables & figures.
- Updated Report Includes Top Market Players with their Business Strategy, Sales Volume, and Revenue Analysis.
Key Offerings of the Industry Report
- Assessment of all opportunities and risks in the market.
- Conclusive study about the growth of the market for forthcoming years.
- In-depth understanding of market-particular drivers, and constraints.
- It provides historical and forecasts revenue of the market segments and sub-segments with respect to main geographies and their countries.
- Country-level analysis of the market with respect to the current size and future prospective.
Some of the Top Market Players Are:
- AeroFarms
- Agrilution
- AVA Technologies Inc.
- CityCrop Automated Indoor Farming
- CLICK & GROW LLC
- EDN Inc.
- Grobo
- Grow Smart Greens
- Homecrop
- PLANTUI
- Theleaflandscape
- Tower Garden
For Additional Information on Key Players, Download a PDF Brochure: https://www.polarismarketresearch.com/industry-analysis/smart-indoor-gardening-system-market/request-for-sample
Market Dynamics
Key Growth Driving Factors
- Growing consumer awareness about the smart indoor gardening system is pushing the market growth
Research by Princeton University shows that gardening is one of the most beneficial relaxation activities for emotional & mental health. Thus, rising awareness regarding mental & emotional health worldwide is expected to propel the market growth. Development in green technologies, increase in the greenhouse effect, and growing disposable income are the key smart indoor gardening system market trends positively influencing the industry growth. Also, increasing consumer awareness and acceptance, along with rising trends in interior design, bolsters the smart indoor gardening system market sales.
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Recent Trends Influencing the Market
Rising technology development in the smart indoor gardening systems to flourish the industry expansion
- A surge in the adoption of advanced technologies such as IoT and AI (Artificial Intelligence) is expected to fuel the growth of the market. The AI & IoT-based smart indoor gardening systems promises better compatibility with software applications on mobile devices which are driving their demand in the smart indoor gardening system industry.
- Further, various advantages offered by smart indoor gardening systems are estimated to propel industry growth. Also, these devices offer features like self-watering, smart pest management, and digital monitoring systems, which enhance the smart indoor gardening system market demand.
Segmental Analysis
- The residential segment accounted for the highest market share in 2021
Based on end-use, the residential category dominated the market in 2021 and is anticipated to maintain its dominance over the forecast period. This growth can be attributed to the growing residential construction activities worldwide. Then, a surge in the number of renovation activities is predicted to flourish the segment growth. For instance, Garibaldi at Squamish ski resort will be built, which will cost around CAD 3.5 billion. Moreover, growing per capita income across the globe is likely to create lucrative growth opportunities in the smart indoor gardening system market.
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Smart Indoor Gardening Systems Market: Report Scope & Trends Analysis
| Report Attribute | Details |
| Revenue forecast in 2030 | USD 3.22 Billion |
| Market size value in 2021 | USD 2.06 Billion |
| Expected CAGR Growth | 5.2% from 2022 - 2030 |
| Base Year | 2021 |
| Forecast Year | 2022 - 2030 |
| Top Market Players | AeroFarms, Agrilution, AVA Technologies Inc., CityCrop Automated Indoor Farming, CLICK & GROW LLC, EDN, Inc., Grobo, Grow Smart Greens, Homecrop, PLANTUI, Theleaflandscape, and Tower Garden. |
| Segments Covered | By Type, By Technology, By End-Use, By Region |
| Customization Options | Customized purchase options are available to meet any research needs. Explore customized purchase options |
Geographic Overview
North America is anticipated to hold the highest smart indoor gardening system market share in the market in 2021 owing to the increasing shift for garden & house parties across North America. The surge in consumer awareness about mental & emotional health, coupled with the presence of leading market players in the U.S., is projected to positively influence the market growth in the region. Also, with the rise in demand for food gardening, the market is estimated to grow.
Furthermore, the Asia Pacific is predicted to register the largest CAGR throughout the foreseen period due to the growing commercial & residential construction sector. In addition, the rising number of manufacturing companies, along with the rising population, is anticipated to accelerate the regional growth of the smart indoor gardening system market.
Browse the Detail Report “Smart Indoor Gardening System Market Share, Size, Trends, Industry Analysis Report, By Type (Floor Garden, Wall Garden), By End-Use (Residential, Commercial); By Technology (Self-watering, Smart Sensing, Smart Pest Management), By Region; Segment Forecast, 2022 - 2030” with in-depth TOC: https://www.polarismarketresearch.com/industry-analysis/smart-indoor-gardening-system-market
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Polaris Market Research has segmented the smart indoor gardening system market report on the basis of type, technology, end-user, and region:
Frequently Asked Questions
- Who are the crucial companies operating the market?
- What are the major industry norms influencing the development of the industry?
- Which is the most propelling country in the industry?
- Which application or product type will obtain progressive development possibilities during the forecast period?
- What is the expected growth rate of the market during the foreseen period?
By Type Outlook
- Floor Garden
- Wall Garden
By Technology Outlook
- Self-watering
- Smart Sensing
- Smart Pest Management
By End-Use Outlook
- Residential
- Commercial
By Region Outlook
- North America (U.S., Canada)
- Europe (France, Germany, UK, Italy, Spain, Netherlands, Austria)
- Asia Pacific (Japan, China, India, Malaysia, Indonesia, South Korea)
- Latin America (Brazil, Mexico, Argentina)
- Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
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