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Indoor Farming Technology Market - A Global and Regional Analysis

Focus on Indoor Farming Technology Product and Application, Supply Chain Analysis, and Country Analysis - Analysis and Forecast, 2022-2027

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Indoor farming is an important part of modern agriculture for producing crops in a controlled environment. Indoor farms can help to grow the total crop yield per unit area by utilizing the stacked layers of potted seeds, and this is further expected to drive the market. Indoor farming technology involves the integration of numerous technologies such as big data analytics, robotics, artificial intelligence (AI), and the internet of things (IoT). Commercially, indoor farming is used to grow fruit and vegetables to supply densely populated regions such as cities. There are numerous advantages of indoor farming, one of which is that it requires less space to grow crops and overall can easily be managed by a single person.

Sustainability development goals in the agriculture industry, rise in plant factory production, rise in high-value crop cultivation, and increase penetration of information and communication technology (ICT) in agriculture are the key trends in the indoor farming technology market globally.

The global indoor farming technology market has seen major development by key players operating in the market, such as collaborations, partnership, agreement, product launch, and acquisition. According to BIS Research analysis, most of the companies preferred partnership, and product launches as a strategy to further increase their growth in the global indoor farming technology market. Companies such as Netafirm, LumiGrow, Lumileds Holding B.V., Freight Farms, Inc. have majorly adopted strategies such as product launch and partnership.

A new entrant can focus on the research & development of software-based solutions in indoor farming technology market due to the higher growth rate and adoption of it in various indoor farming applications during the forecast period 2022 to 2027.

• Study on government initiatives and ongoing projects 
• Case studies • Market strategies & developments 
• Start-Up landscape 
• Supply chain analysis

The companies which are manufacturing and having capacity to develop indoor farming products and services, component suppliers, research institutions, and regulatory bodies.

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