The Asia Pacific Indoor Farming Market would 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 would 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 would 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.
Free Valuable Insights: The Worldwide Indoor Farming Market is Projected to reach USD 88.2 Billion by 2028, at a CAGR of 12.7%
The market research report covers the analysis of key stake holders 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
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
TABLE 1 Asia Pacific Indoor Farming Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Indoor Farming Market, 2022 - 2028, USD Million
TABLE 3 Asia Pacific Indoor Farming Market by Component, 2018 - 2021, USD Million
TABLE 4 Asia Pacific Indoor Farming Market by Component, 2022 - 2028, USD Million
TABLE 5 Asia Pacific Hardware Market by Country, 2018 - 2021, USD Million
TABLE 6 Asia Pacific Hardware Market by Country, 2022 - 2028, USD Million
TABLE 7 Asia Pacific Indoor Farming Market by Hardware Type, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Indoor Farming Market by Hardware Type, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Lighting systems Market by Country, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Lighting systems Market by Country, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Irrigation systems Market by Country, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Irrigation systems Market by Country, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Sensors Market by Country, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Sensors Market by Country, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Climate control systems Market by Country, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Climate control systems Market by Country, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Software Market by Country, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Software Market by Country, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Indoor Farming Market by Software Type, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Indoor Farming Market by Software Type, 2022 - 2028, USD Million
TABLE 21 Asia Pacific Web-Based Market by Country, 2018 - 2021, USD Million
TABLE 22 Asia Pacific Web-Based Market by Country, 2022 - 2028, USD Million
TABLE 23 Asia Pacific Cloud-Based Market by Country, 2018 - 2021, USD Million
TABLE 24 Asia Pacific Cloud-Based Market by Country, 2022 - 2028, USD Million
TABLE 25 Asia Pacific Indoor Farming Market by Facility Type, 2018 - 2021, USD Million
TABLE 26 Asia Pacific Indoor Farming Market by Facility Type, 2022 - 2028, USD Million
TABLE 27 Asia Pacific Greenhouses Market by Country, 2018 - 2021, USD Million
TABLE 28 Asia Pacific Greenhouses Market by Country, 2022 - 2028, USD Million
TABLE 29 Asia Pacific Vertical Farms Market by Country, 2018 - 2021, USD Million
TABLE 30 Asia Pacific Vertical Farms Market by Country, 2022 - 2028, USD Million
TABLE 31 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 32 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 33 Asia Pacific Indoor Farming Market by Crop Type, 2018 - 2021, USD Million
TABLE 34 Asia Pacific Indoor Farming Market by Crop Type, 2022 - 2028, USD Million
TABLE 35 Asia Pacific Tomato Market by Country, 2018 - 2021, USD Million
TABLE 36 Asia Pacific Tomato Market by Country, 2022 - 2028, USD Million
TABLE 37 Asia Pacific Lettuce Market by Country, 2018 - 2021, USD Million
TABLE 38 Asia Pacific Lettuce Market by Country, 2022 - 2028, USD Million
TABLE 39 Asia Pacific Bell & Chili Peppers Market by Country, 2018 - 2021, USD Million
TABLE 40 Asia Pacific Bell & Chili Peppers Market by Country, 2022 - 2028, USD Million
TABLE 41 Asia Pacific Strawberry Market by Country, 2018 - 2021, USD Million
TABLE 42 Asia Pacific Strawberry Market by Country, 2022 - 2028, USD Million
TABLE 43 Asia Pacific Leafy Greens Market by Country, 2018 - 2021, USD Million
TABLE 44 Asia Pacific Leafy Greens Market by Country, 2022 - 2028, USD Million
TABLE 45 Asia Pacific Herbs Market by Country, 2018 - 2021, USD Million
TABLE 46 Asia Pacific Herbs Market by Country, 2022 - 2028, USD Million
TABLE 47 Asia Pacific Cucumber Market by Country, 2018 - 2021, USD Million
TABLE 48 Asia Pacific Cucumber Market by Country, 2022 - 2028, USD Million
TABLE 49 Asia Pacific Flowers & Ornamentals Market by Country, 2018 - 2021, USD Million
TABLE 50 Asia Pacific Flowers & Ornamentals Market by Country, 2022 - 2028, USD Million
TABLE 51 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 52 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 53 Asia Pacific Indoor Farming Market by Country, 2018 - 2021, USD Million
TABLE 54 Asia Pacific Indoor Farming Market by Country, 2022 - 2028, USD Million
TABLE 55 China Indoor Farming Market, 2018 - 2021, USD Million
TABLE 56 China Indoor Farming Market, 2022 - 2028, USD Million
TABLE 57 China Indoor Farming Market by Component, 2018 - 2021, USD Million
TABLE 58 China Indoor Farming Market by Component, 2022 - 2028, USD Million
TABLE 59 China Indoor Farming Market by Hardware Type, 2018 - 2021, USD Million
TABLE 60 China Indoor Farming Market by Hardware Type, 2022 - 2028, USD Million
TABLE 61 China Indoor Farming Market by Software Type, 2018 - 2021, USD Million
TABLE 62 China Indoor Farming Market by Software Type, 2022 - 2028, USD Million
TABLE 63 China Indoor Farming Market by Facility Type, 2018 - 2021, USD Million
TABLE 64 China Indoor Farming Market by Facility Type, 2022 - 2028, USD Million
TABLE 65 China Indoor Farming Market by Crop Type, 2018 - 2021, USD Million
TABLE 66 China Indoor Farming Market by Crop Type, 2022 - 2028, USD Million
TABLE 67 Japan Indoor Farming Market, 2018 - 2021, USD Million
TABLE 68 Japan Indoor Farming Market, 2022 - 2028, USD Million
TABLE 69 Japan Indoor Farming Market by Component, 2018 - 2021, USD Million
TABLE 70 Japan Indoor Farming Market by Component, 2022 - 2028, USD Million
TABLE 71 Japan Indoor Farming Market by Hardware Type, 2018 - 2021, USD Million
TABLE 72 Japan Indoor Farming Market by Hardware Type, 2022 - 2028, USD Million
TABLE 73 Japan Indoor Farming Market by Software Type, 2018 - 2021, USD Million
TABLE 74 Japan Indoor Farming Market by Software Type, 2022 - 2028, USD Million
TABLE 75 Japan Indoor Farming Market by Facility Type, 2018 - 2021, USD Million
TABLE 76 Japan Indoor Farming Market by Facility Type, 2022 - 2028, USD Million
TABLE 77 Japan Indoor Farming Market by Crop Type, 2018 - 2021, USD Million
TABLE 78 Japan Indoor Farming Market by Crop Type, 2022 - 2028, USD Million
TABLE 79 India Indoor Farming Market, 2018 - 2021, USD Million
TABLE 80 India Indoor Farming Market, 2022 - 2028, USD Million
TABLE 81 India Indoor Farming Market by Component, 2018 - 2021, USD Million
TABLE 82 India Indoor Farming Market by Component, 2022 - 2028, USD Million
TABLE 83 India Indoor Farming Market by Hardware Type, 2018 - 2021, USD Million
TABLE 84 India Indoor Farming Market by Hardware Type, 2022 - 2028, USD Million
TABLE 85 India Indoor Farming Market by Software Type, 2018 - 2021, USD Million
TABLE 86 India Indoor Farming Market by Software Type, 2022 - 2028, USD Million
TABLE 87 India Indoor Farming Market by Facility Type, 2018 - 2021, USD Million
TABLE 88 India Indoor Farming Market by Facility Type, 2022 - 2028, USD Million
TABLE 89 India Indoor Farming Market by Crop Type, 2018 - 2021, USD Million
TABLE 90 India Indoor Farming Market by Crop Type, 2022 - 2028, USD Million
TABLE 91 South Korea Indoor Farming Market, 2018 - 2021, USD Million
TABLE 92 South Korea Indoor Farming Market, 2022 - 2028, USD Million
TABLE 93 South Korea Indoor Farming Market by Component, 2018 - 2021, USD Million
TABLE 94 South Korea Indoor Farming Market by Component, 2022 - 2028, USD Million
TABLE 95 South Korea Indoor Farming Market by Hardware Type, 2018 - 2021, USD Million
TABLE 96 South Korea Indoor Farming Market by Hardware Type, 2022 - 2028, USD Million
TABLE 97 South Korea Indoor Farming Market by Software Type, 2018 - 2021, USD Million
TABLE 98 South Korea Indoor Farming Market by Software Type, 2022 - 2028, USD Million
TABLE 99 South Korea Indoor Farming Market by Facility Type, 2018 - 2021, USD Million
TABLE 100 South Korea Indoor Farming Market by Facility Type, 2022 - 2028, USD Million
TABLE 101 South Korea Indoor Farming Market by Crop Type, 2018 - 2021, USD Million
TABLE 102 South Korea Indoor Farming Market by Crop Type, 2022 - 2028, USD Million
TABLE 103 Singapore Indoor Farming Market, 2018 - 2021, USD Million
TABLE 104 Singapore Indoor Farming Market, 2022 - 2028, USD Million
TABLE 105 Singapore Indoor Farming Market by Component, 2018 - 2021, USD Million
TABLE 106 Singapore Indoor Farming Market by Component, 2022 - 2028, USD Million
TABLE 107 Singapore Indoor Farming Market by Hardware Type, 2018 - 2021, USD Million
TABLE 108 Singapore Indoor Farming Market by Hardware Type, 2022 - 2028, USD Million
TABLE 109 Singapore Indoor Farming Market by Software Type, 2018 - 2021, USD Million
TABLE 110 Singapore Indoor Farming Market by Software Type, 2022 - 2028, USD Million
TABLE 111 Singapore Indoor Farming Market by Facility Type, 2018 - 2021, USD Million
TABLE 112 Singapore Indoor Farming Market by Facility Type, 2022 - 2028, USD Million
TABLE 113 Singapore Indoor Farming Market by Crop Type, 2018 - 2021, USD Million
TABLE 114 Singapore Indoor Farming Market by Crop Type, 2022 - 2028, USD Million
TABLE 115 Malaysia Indoor Farming Market, 2018 - 2021, USD Million
TABLE 116 Malaysia Indoor Farming Market, 2022 - 2028, USD Million
TABLE 117 Malaysia Indoor Farming Market by Component, 2018 - 2021, USD Million
TABLE 118 Malaysia Indoor Farming Market by Component, 2022 - 2028, USD Million
TABLE 119 Malaysia Indoor Farming Market by Hardware Type, 2018 - 2021, USD Million
TABLE 120 Malaysia Indoor Farming Market by Hardware Type, 2022 - 2028, USD Million
TABLE 121 Malaysia Indoor Farming Market by Software Type, 2018 - 2021, USD Million
TABLE 122 Malaysia Indoor Farming Market by Software Type, 2022 - 2028, USD Million
TABLE 123 Malaysia Indoor Farming Market by Facility Type, 2018 - 2021, USD Million
TABLE 124 Malaysia Indoor Farming Market by Facility Type, 2022 - 2028, USD Million
TABLE 125 Malaysia Indoor Farming Market by Crop Type, 2018 - 2021, USD Million
TABLE 126 Malaysia Indoor Farming Market by Crop Type, 2022 - 2028, USD Million
TABLE 127 Rest of Asia Pacific Indoor Farming Market, 2018 - 2021, USD Million
TABLE 128 Rest of Asia Pacific Indoor Farming Market, 2022 - 2028, USD Million
TABLE 129 Rest of Asia Pacific Indoor Farming Market by Component, 2018 - 2021, USD Million
TABLE 130 Rest of Asia Pacific Indoor Farming Market by Component, 2022 - 2028, USD Million
TABLE 131 Rest of Asia Pacific Indoor Farming Market by Hardware Type, 2018 - 2021, USD Million
TABLE 132 Rest of Asia Pacific Indoor Farming Market by Hardware Type, 2022 - 2028, USD Million
TABLE 133 Rest of Asia Pacific Indoor Farming Market by Software Type, 2018 - 2021, USD Million
TABLE 134 Rest of Asia Pacific Indoor Farming Market by Software Type, 2022 - 2028, USD Million
TABLE 135 Rest of Asia Pacific Indoor Farming Market by Facility Type, 2018 - 2021, USD Million
TABLE 136 Rest of Asia Pacific Indoor Farming Market by Facility Type, 2022 - 2028, USD Million
TABLE 137 Rest of Asia Pacific Indoor Farming Market by Crop Type, 2018 - 2021, USD Million
TABLE 138 Rest of Asia Pacific Indoor Farming Market by Crop Type, 2022 - 2028, USD Million
TABLE 139 Key Information – Orbia Advance Corporation
TABLE 140 Key Information – Certhon
TABLE 141 Key Information – General Hydroponics
TABLE 142 Key Information – Hydrodynamics International
TABLE 143 Key Information – Argus Control Systems Limited
TABLE 144 Key Information – Priva BV
TABLE 145 Key Information – LumiGrow, Inc.
TABLE 146 Key Information – Richel Group S.A.
TABLE 147 Key Information – Vertical Farm Systems Pty Ltd
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent Strategies and Developments: Orbia Advance cOrporation