The smart indoor gardening systems market comprises indoor vertical farming, vertical farms, urban farms, and controlled environment agriculture. Smart indoor garden systems offer various advantages such as better control over environmental factors, multi-tiered cultivation, and year-round harvesting of fruits and vegetables. With the growing urban population and issues related to land availability, hydroponics farming, and vertical farming techniques in a controlled environment are gaining popularity.
The Global smart indoor gardening system market is estimated to be valued at US$ 2.36 Bn in 2024 and is expected to exhibit a CAGR of 6.2% over the forecast period 2024 To 2031.
Key Takeaways
Key players operating in the Smart Indoor Gardening System Market Growth are Aero Farms, Robert Bosch GmbH, CLICK & GROW LLC, Plenty Unlimited Inc, Gardyn Inc, BSH Hausgerate GmbH, Grobo Inc., AVA Technologies Inc., CityCrop, EDN Inc., Metropolis Farms Canada, Moistenland LLC, Natufia Saudi Arabia LLC, Rise Gardens LLC, The Leaf Land Scape, Urban Smart Farms, Grow Smart Greens, and Plantaform.
The key opportunities in the market include rise in consumer preference for organic foods and vertical farming to address the challenges of limited land availability. Furthermore, government initiatives and funding to support urban agriculture is fueling the adoption of smart indoor gardening systems.
Globally, the smart indoor gardening systems market is expected to witness high growth in North America and Europe owing to increasing popularity of indoor vertical farming. Asia Pacific is also expected to offer lucrative growth opportunities with the rising middle-class population and changing food consumption patterns in countries like China and India.
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