Market Overview:
The global automated growing system market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for fresh fruits and vegetables, rising awareness about health and wellness, and technological advancements in automated growing systems. The global automated growing system market can be segmented on the basis of type into small size, medium size, and large size. On the basis of application, the market can be segmented into household and commercial applications. Geographically, the global automated growing system market can be segmented into North America, Latin America, Europe Asia Pacific (APAC), and Middle East & Africa (MEA).
Product Definition:
An automated growing system is a type of hydroponic gardening system that uses an electronic controller to manage the watering and feeding of plants. The importance of automated growing systems is twofold: they allow gardeners to precisely control the environment in which their plants are grown, and they automate many of the tasks typically associated with hydroponic gardening, such as watering and feeding.
Small Size:
Small size is the fastest growing segment in the global automated growing system market. Small size systems are used for indoor farming and can be used to grow vegetables, herbs, and flowers indoors. These systems are also known as vertical farms because they produce crops inside a building or on a warehouse-like structure. The small size of these farms allows them to produce food all year round which is not possible with traditional agriculture techniques due to weather conditions in different regions including cold regions.
Medium Size:
The size of the medium-sized plant is determined by its growth rate and light requirement. The optimum range for a medium-sized plant is between 0.5 to 5 grams dry weight, depending on the type of seed or cutting that is being grown.
Application Insights:
The commercial application segment accounted for the largest share of more than 60.0% in 2017. The growing demand for AGS in the medical and pharmaceutical industry is expected to drive the product demand over the forecast period. Furthermore, increasing investments by companies such as vertical garden designers, Incubotix Corporation; Hydroponic Technology Corp.; and AGCO Corporation are likely to propel market growth over the coming years.
Household application is projected to be one of fastest-growing segments with a CAGR of XX% from 2018 to 2030 owing to rising awareness about health benefits associated with plants at home such as reducing stress levels, improving digestion.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing investments in R&D and technological advancements associated with AGS systems. Moreover, high adoption of these systems by commercial as well as residential sectors is also one of the major factors contributing toward regional growth. Additionally, presence of key companies such as AeroFarms; Bigger Bolder; Bloom Technologies Inc.; Botanicare; and others will further help accelerate growth in North America region.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rising disposable income levels coupled with growing population especially in China and India which are among top 10 countries adopting AGS system on a large scale globally (based on revenue).
Growth Factors:
- Increasing demand for high quality and organically grown produce: There is an increasing demand for high quality and organically grown produce, which has led to the growth of the automated growing system market. The automated growing system helps in producing high quality and organic fruits and vegetables.
- Rising awareness about the benefits of consuming organic food: There is a rising awareness among people about the benefits of consuming organic food, which is driving the growth of the automated growing system market. Organic fruits and vegetables are healthier than conventionally grown ones as they are free from harmful chemicals and pesticides that can be harmful to human health.
- Growing popularity of home gardening: Home gardening is becoming increasingly popular, owing to its numerous benefits such as fresh air, exercise, relaxation, etc. This is leading to an increase in demand for automated growing systems that can help in home gardening.
Scope Of The Report
Report Attributes
Report Details
Report Title
Automated Growing System Market Research Report
By Type
Small Size, Medium Size, Large Size
By Application
Household, Commercial
By Companies
AgriFORCE, Seedo, Autogrow, Corsica Innovations Inc, Spinner, Grobo, Growater Controls, Green Automation, SuperCloset, Growlink, Grow Director, TAVA, Neofarms GmbH, Artechno Growsystems
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
208
Number of Tables & Figures
146
Customization Available
Yes, the report can be customized as per your need.
Global Automated Growing System Market Report Segments:
The global Automated Growing System market is segmented on the basis of:
Types
Small Size, Medium Size, Large Size
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Household, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AgriFORCE
- Seedo
- Autogrow
- Corsica Innovations Inc
- Spinner
- Grobo
- Growater Controls
- Green Automation
- SuperCloset
- Growlink
- Grow Director
- TAVA
- Neofarms GmbH
- Artechno Growsystems
Highlights of The Automated Growing System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Small Size
- Medium Size
- Large Size
- By Application:
- Household
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automated Growing System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An automated growing system is a type of hydroponic gardening system that uses sensors and controllers to regulate the temperature, humidity, and light levels in order to optimize the growth of plants.
Some of the major companies in the automated growing system market are AgriFORCE, Seedo, Autogrow, Corsica Innovations Inc, Spinner, Grobo, Growater Controls, Green Automation, SuperCloset, Growlink, Grow Director, TAVA, Neofarms GmbH, Artechno Growsystems.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automated Growing System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automated Growing System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automated Growing System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automated Growing System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automated Growing System Market Size & Forecast, 2020-2028
4.5.1 Automated Growing System Market Size and Y-o-Y Growth
4.5.2 Automated Growing System Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Small Size
5.2.2 Medium Size
5.2.3 Large Size
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Household
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automated Growing System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automated Growing System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Small Size
9.6.2 Medium Size
9.6.3 Large Size
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Household
9.10.2 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Small Size
10.6.2 Medium Size
10.6.3 Large Size
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Household
10.10.2 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Small Size
11.6.2 Medium Size
11.6.3 Large Size
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Household
11.10.2 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Small Size
12.6.2 Medium Size
12.6.3 Large Size
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Household
12.10.2 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Small Size
13.6.2 Medium Size
13.6.3 Large Size
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Household
13.10.2 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automated Growing System Market: Competitive Dashboard
14.2 Global Automated Growing System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AgriFORCE
14.3.2 Seedo
14.3.3 Autogrow
14.3.4 Corsica Innovations Inc
14.3.5 Spinner
14.3.6 Grobo
14.3.7 Growater Controls
14.3.8 Green Automation
14.3.9 SuperCloset
14.3.10 Growlink
14.3.11 Grow Director
14.3.12 TAVA
14.3.13 Neofarms GmbH
14.3.14 Artechno Growsystems
