Smart Indoor Garden Systems Market Industry Forecast, 2020–2027 | Trends & Growth Factors

Increase in construction activities in the developing countries, such as India and China drives the growth of the market.

PORTLAND, OR, UNITED STATES, September 23, 2021 /EINPresswire.com/ -- The COVID 19 outbreak has affected the growth of the smart indoor garden systems industry owing to the lockdown measure in different countries and delay in manufacturing and production of components related to the smart indoor garden systems for residential, and commercial spaces.

The smart indoor garden systems market has witnessed significant growth over the past decade, owing to rapid urbanization in developing countries, an increase in spending on home remodeling, and recovery in the residential & commercial construction sector.

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The global smart indoor garden systems market size was valued at $105,627.0 thousand in 2019, and is projected to reach $176,559.1 thousand by 2027, registering a CAGR of 8.4% from 2020 to 2027.

Covid-19 Impact Analysis

However, the outbreak of COVID-19 has a negative impact on the manufacturing and production of smart indoor garden systems in the first and second quarter of 2020, and is likely to hamper the smart indoor garden systems market growth throughout the year. This has further affected the demand for smart indoor garden systems from the developed countries, including the UK, France, and Italy, thereby halting the production activities. In addition, the disruption of supply chain is causing hindrance in manufacturing of the smart indoor garden systems around the globe.

Top 10 Leading Players

Aero Farms
Agrilution GmbH
AVA Technologies Inc.
BSH Hausgeräte GmbH (Robert Bosch Stiftung GmbH)
CityCrop Automated Indoor Farming Ltd
Click & Grow LLC
EDN Inc.
Grobo Inc.
Plantui Oy
SproutsIO Inc.

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Key Market Segments

By Type

Floor Garden
Wall Garden

By Technology

Self-watering
Smart Sensing
Smart Pest Management

By End-User

Residential
Commercial

By Region

North America
Europe
Asia-Pacific
LAMEA

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David Correa
Allied Analytics LLP
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