North America indoor farming market is projected to grow by 11.1% annually in the forecast period and reach $21,039.7 million by 2032, driven by the increasing food requirements due to the growing population, decreasing arable land, growing adoption of controlled growing environment, high investments by the public and private players, and the rising health consciousness amid COVID-19 pandemic.
Highlighted with 40 tables and 66 figures, this 139-page report "North America Indoor Farming Market 2022-2032 by Offering (Hardware, Software & Service, Integrated Systems), Growing System (Aeroponics, Hydroponics, Aquaponics, Soil-based, Hybrid), Facility Type (Greenhouses, Vertical, Container, DWC), Crop Type (Fruits and Vegetables, Herbs and Microgreens, Flowers and Ornamentals, Others), and Country: Trend Forecast and Growth Opportunity" is based on a comprehensive research of the entire North America indoor farming market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter's Fiver Forces
The trend and outlook of North America market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify North America indoor farming market in every aspect of the classification from perspectives of Offering, Growing System, Facility Type, Crop Type, and Country.
Based on Offering, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Hardware
o Climate Control Systems
o Irrigation Systems
o Lighting
o Sensors
o Communication
o Other Hardware
• Software & Service
o Web-based
o Cloud-based
• Integrated Systems
Based on Growing System, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Aeroponics
• Hydroponics
• Aquaponics
• Soil-based
• Hybrid
By Facility Type, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Glass or Poly Greenhouses
• Indoor Vertical Farms
• Container Farms
• Indoor Deep Water Culture (DWC) Systems
• Other Facility Types
By Crop Type, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Fruits and Vegetables
o Leafy Vegetables
o Tomato
o Strawberry
o Cucumber
o Other Fruits and Vegetables
• Herbs and Microgreens
o Basil
o Herbs
o Tarragon
o Wheatgrass
o Other Herbs and Microgreens
• Flowers and Ornamentals
o Perennials
o Annuals
o Ornamentals
o Other Flowers and Ornamentals
• Other Crop Types
Geographically, the following national/local markets are fully investigated:
• U.S.
• Canada
• Mexico
For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2022-2032. The breakdown of national markets by Growing System, Facility Type and Crop Type over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
AeroFarms
American Hydroponics (AmHydro)
Argus Control System Limited
Certhon
Everlight Electronics Co., Ltd.
Freight Farms, Inc.
General Hydroponics Inc. (Hawthorne Gardening Company)
Hydrodynamics International
Illumitex
Logiqs B.V.
LumiGrow Inc.
Netafim Limited
OSRM GmbH
Priva Holdings B.V.
Richel Group
Signify N.V.
Vertical Farm System Pty Ltd.
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
1 Introduction 7
1.1 Industry Definition and Research Scope 7
1.1.1 Industry Definition 7
1.1.2 Research Scope 8
1.2 Research Methodology 11
1.2.1 Overview of Market Research Methodology 11
1.2.2 Market Assumption 12
1.2.3 Secondary Data 12
1.2.4 Primary Data 12
1.2.5 Data Filtration and Model Design 13
1.2.6 Market Size/Share Estimation 14
1.2.7 Research Limitations 15
1.3 Executive Summary 16
2 Market Overview and Dynamics 19
2.1 Market Size and Forecast 19
2.1.1 Impact of COVID-19 on World Economy 20
2.1.2 Impact of COVID-19 on the Market 23
2.2 Major Growth Drivers 25
2.3 Market Restraints and Challenges 34
2.4 Emerging Opportunities and Market Trends 37
2.5 Porter's Fiver Forces Analysis 41
3 Segmentation of North America Market by Offering 45
3.1 Market Overview by Offering 45
3.2 Hardware 47
3.2.1 Climate Control Systems 49
3.2.2 Irrigation Systems 51
3.2.3 Lighting 53
3.2.4 Sensors 55
3.2.5 Communication 57
3.2.6 Other Hardware 58
3.3 Software & Service 59
3.3.1 Web-based 61
3.3.2 Cloud-based 62
3.4 Integrated Systems 63
4 Segmentation of North America Market by Growing System 65
4.1 Market Overview by Growing System 65
4.2 Aeroponics 67
4.3 Hydroponics 68
4.4 Aquaponics 69
4.5 Soil-based 70
4.6 Hybrid 71
5 Segmentation of North America Market by Facility Type 72
5.1 Market Overview by Facility Type 72
5.2 Glass or Poly Greenhouses 74
5.3 Indoor Vertical Farms 76
5.4 Container Farms 78
5.5 Indoor Deep Water Culture (DWC) Systems 80
5.6 Other Facility Types 81
6 Segmentation of North America Market by Crop Type 82
6.1 Market Overview by Crop Type 82
6.2 Fruits and Vegetables 84
6.2.1 Leafy Vegetables 86
6.2.2 Tomato 87
6.2.3 Strawberry 88
6.2.4 Cucumber 89
6.2.5 Other Fruits and Vegetables 90
6.3 Herbs and Microgreens 91
6.3.1 Basil 93
6.3.2 Herbs 94
6.3.3 Tarragon 95
6.3.4 Wheatgrass 96
6.3.5 Other Herbs and Microgreens 97
6.4 Flowers and Ornamentals 98
6.4.1 Perennials 100
6.4.2 Annuals 101
6.4.3 Ornamentals 102
6.4.4 Other Flowers and Ornamentals 103
6.5 Other Crop Types 104
7 North America Market 2022-2032 by Country 105
7.1 Overview of North America Market 105
7.2 U.S. 108
7.3 Canada 111
7.4 Mexico 114
8 Competitive Landscape 116
8.1 Overview of Key Vendors 116
8.2 New Product Launch, Partnership, Investment, and M&A 119
8.3 Company Profiles 121
AeroFarms 121
American Hydroponics (AmHydro) 123
Argus Control System Limited 124
Certhon 125
Everlight Electronics Co., Ltd. 126
Freight Farms, Inc. 127
General Hydroponics Inc. (Hawthorne Gardening Company) 128
Hydrodynamics International 129
Illumitex 130
Logiqs B.V. 131
LumiGrow Inc. 132
Netafim Limited 133
OSRM GmbH 134
Priva Holdings B.V. 135
Richel Group 136
Signify N.V. 137
Vertical Farm System Pty Ltd. 138
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