Table of Content

1 Introduction 8
1.1 Industry Definition and Research Scope 8
1.1.1 Industry Definition 8
1.1.2 Research Scope 9
1.2 Research Methodology 12
1.2.1 Overview of Market Research Methodology 12
1.2.2 Market Assumption 13
1.2.3 Secondary Data 13
1.2.4 Primary Data 13
1.2.5 Data Filtration and Model Design 14
1.2.6 Market Size/Share Estimation 15
1.2.7 Research Limitations 16
1.3 Executive Summary 17

2 Market Overview and Dynamics 20
2.1 Market Size and Forecast 20
2.1.1 Impact of COVID-19 on World Economy 21
2.1.2 Impact of COVID-19 on the Market 24
2.2 Major Growth Drivers 26
2.3 Market Restraints and Challenges 35
2.4 Emerging Opportunities and Market Trends 38
2.5 Porter’s Fiver Forces Analysis 42

3 Segmentation of Asia Pacific Market by Offering 46
3.1 Market Overview by Offering 46
3.2 Hardware 48
3.2.1 Climate Control Systems 50
3.2.2 Irrigation Systems 52
3.2.3 Lighting 54
3.2.4 Sensors 56
3.2.5 Communication 58
3.2.6 Other Hardware 59
3.3 Software & Service 60
3.3.1 Web-based 62
3.3.2 Cloud-based 63
3.4 Integrated Systems 64

4 Segmentation of Asia Pacific Market by Growing System 66
4.1 Market Overview by Growing System 66
4.2 Aeroponics 68
4.3 Hydroponics 69
4.4 Aquaponics 70
4.5 Soil-based 71
4.6 Hybrid 72

5 Segmentation of Asia Pacific Market by Facility Type 73
5.1 Market Overview by Facility Type 73
5.2 Glass or Poly Greenhouses 75
5.3 Indoor Vertical Farms 77
5.4 Container Farms 79
5.5 Indoor Deep Water Culture (DWC) Systems 81
5.6 Other Facility Types 82

6 Segmentation of Asia Pacific Market by Crop Type 83
6.1 Market Overview by Crop Type 83
6.2 Fruits and Vegetables 85
6.2.1 Leafy Vegetables 87
6.2.2 Tomato 88
6.2.3 Strawberry 89
6.2.4 Cucumber 90
6.2.5 Other Fruits and Vegetables 91
6.3 Herbs and Microgreens 92
6.3.1 Basil 94
6.3.2 Herbs 95
6.3.3 Tarragon 96
6.3.4 Wheatgrass 97
6.3.5 Other Herbs and Microgreens 98
6.4 Flowers and Ornamentals 99
6.4.1 Perennials 101
6.4.2 Annuals 102
6.4.3 Ornamentals 103
6.4.4 Other Flowers and Ornamentals 104
6.5 Other Crop Types 105

7 Asia-Pacific Market 2022-2032 by Country 106
7.1 Overview of Asia-Pacific Market 106
7.2 Japan 109
7.3 China 112
7.4 Australia 114
7.5 India 116
7.6 South Korea 118
7.7 Rest of APAC Region 120

8 Competitive Landscape 122
8.1 Overview of Key Vendors 122
8.2 New Product Launch, Partnership, Investment, and M&A 125
8.3 Company Profiles 127
AeroFarms 127
American Hydroponics (AmHydro) 129
Argus Control System Limited 130
Certhon 131
Everlight Electronics Co., Ltd. 132
Freight Farms, Inc. 133
General Hydroponics Inc. (Hawthorne Gardening Company) 134
Hydrodynamics International 135
Illumitex 136
Logiqs B.V. 137
LumiGrow Inc. 138
Netafim Limited 139
OSRM GmbH 140
Priva Holdings B.V. 141
Richel Group 142
Signify N.V. 143
Vertical Farm System Pty Ltd. 144
RELATED REPORTS 145
?



List of Figures

List of Figures:

Figure 1. Research Method Flow Chart 12
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 15
Figure 3. Asia Pacific Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032 17
Figure 4. Asia Pacific Indoor Farming Market, 2022-2032, $ mn 20
Figure 5. Impact of COVID-19 on Business 24
Figure 6. Primary Drivers and Impact Factors of Asia Pacific Indoor Farming Market 26
Figure 7. Benefits of Indoor Farming 29
Figure 8. Forecast of Middle-class Population by Region, 2015-2030, million 32
Figure 9. Worldwide Per Capita Arable Land in Hectare, 1961-2020 33
Figure 10. World Map of Per Capita Arable Land in 2020 33
Figure 11. Primary Restraints and Impact Factors of Asia Pacific Indoor Farming Market 35
Figure 12. Investment Opportunity Analysis 39
Figure 13. Porter’s Fiver Forces Analysis of Asia Pacific Indoor Farming Market 42
Figure 14. Breakdown of Asia Pacific Indoor Farming Market by Offering, 2022-2032, % of Revenue 47
Figure 15. Asia Pacific Addressable Market Cap in 2023-2032 by Offering, Value ($ mn) and Share (%) 47
Figure 16. Asia Pacific Indoor Farming Market by Offering: Hardware, 2022-2032, $ mn 48
Figure 17. Asia Pacific Indoor Farming Market by Hardware: Climate Control Systems, 2022-2032, $ mn 50
Figure 18. Asia Pacific Indoor Farming Market by Hardware: Irrigation Systems, 2022-2032, $ mn 52
Figure 19. Asia Pacific Indoor Farming Market by Hardware: Lighting, 2022-2032, $ mn 54
Figure 20. Asia Pacific Indoor Farming Market by Hardware: Sensors, 2022-2032, $ mn 56
Figure 21. Asia Pacific Indoor Farming Market by Hardware: Communication, 2022-2032, $ mn 58
Figure 22. Asia Pacific Indoor Farming Market by Hardware: Other Hardware, 2022-2032, $ mn 59
Figure 23. Asia Pacific Indoor Farming Market by Offering: Software & Service, 2022-2032, $ mn 60
Figure 24. Asia Pacific Indoor Farming Market by Software & Service: Web-based, 2022-2032, $ mn 62
Figure 25. Asia Pacific Indoor Farming Market by Software & Service: Cloud-based, 2022-2032, $ mn 63
Figure 26. Asia Pacific Indoor Farming Market by Offering: Integrated Systems, 2022-2032, $ mn 64
Figure 27. Breakdown of Asia Pacific Indoor Farming Market by Growing System, 2022-2032, % of Sales Revenue 67
Figure 28. Asia Pacific Addressable Market Cap in 2023-2032 by Growing System, Value ($ mn) and Share (%) 67
Figure 29. Asia Pacific Indoor Farming Market by Growing System: Aeroponics, 2022-2032, $ mn 68
Figure 30. Asia Pacific Indoor Farming Market by Growing System: Hydroponics, 2022-2032, $ mn 69
Figure 31. Asia Pacific Indoor Farming Market by Growing System: Aquaponics, 2022-2032, $ mn 70
Figure 32. Asia Pacific Indoor Farming Market by Growing System: Soil-based, 2022-2032, $ mn 71
Figure 33. Asia Pacific Indoor Farming Market by Growing System: Hybrid, 2022-2032, $ mn 72
Figure 34. Breakdown of Asia Pacific Indoor Farming Market by Facility Type, 2022-2032, % of Sales Revenue 74
Figure 35. Asia Pacific Addressable Market Cap in 2023-2032 by Facility Type, Value ($ mn) and Share (%) 74
Figure 36. Asia Pacific Indoor Farming Market by Facility Type: Glass or Poly Greenhouses, 2022-2032, $ mn 75
Figure 37. Asia Pacific Indoor Farming Market by Facility Type: Indoor Vertical Farms, 2022-2032, $ mn 77
Figure 38. Asia Pacific Indoor Farming Market by Facility Type: Container Farms, 2022-2032, $ mn 79
Figure 39. Asia Pacific Indoor Farming Market by Facility Type: Indoor Deep Water Culture (DWC) Systems, 2022-2032, $ mn 81
Figure 40. Asia Pacific Indoor Farming Market by Facility Type: Other Facility Types, 2022-2032, $ mn 82
Figure 41. Breakdown of Asia Pacific Indoor Farming Market by Crop Type, 2022-2032, % of Revenue 84
Figure 42. Asia Pacific Addressable Market Cap in 2023-2032 by Crop Type, Value ($ mn) and Share (%) 84
Figure 43. Asia Pacific Indoor Farming Market by Crop Type: Fruits and Vegetables, 2022-2032, $ mn 85
Figure 44. Asia Pacific Indoor Farming Market by Fruits and Vegetables: Leafy Vegetables, 2022-2032, $ mn 87
Figure 45. Asia Pacific Indoor Farming Market by Fruits and Vegetables: Tomato, 2022-2032, $ mn 88
Figure 46. Asia Pacific Indoor Farming Market by Fruits and Vegetables: Strawberry, 2022-2032, $ mn 89
Figure 47. Asia Pacific Indoor Farming Market by Fruits and Vegetables: Cucumber, 2022-2032, $ mn 90
Figure 48. Asia Pacific Indoor Farming Market by Fruits and Vegetables: Other Fruits and Vegetables, 2022-2032, $ mn 91
Figure 49. Asia Pacific Indoor Farming Market by Crop Type: Herbs and Microgreens, 2022-2032, $ mn 92
Figure 50. Asia Pacific Indoor Farming Market by Herbs and Microgreens: Basil, 2022-2032, $ mn 94
Figure 51. Asia Pacific Indoor Farming Market by Herbs and Microgreens: Herbs, 2022-2032, $ mn 95
Figure 52. Asia Pacific Indoor Farming Market by Herbs and Microgreens: Tarragon, 2022-2032, $ mn 96
Figure 53. Asia Pacific Indoor Farming Market by Herbs and Microgreens: Wheatgrass, 2022-2032, $ mn 97
Figure 54. Asia Pacific Indoor Farming Market by Herbs and Microgreens: Other Herbs and Microgreens, 2022-2032, $ mn 98
Figure 55. Asia Pacific Indoor Farming Market by Crop Type: Flowers and Ornamentals, 2022-2032, $ mn 99
Figure 56. Asia Pacific Indoor Farming Market by Flowers and Ornamentals: Perennials, 2022-2032, $ mn 101
Figure 57. Asia Pacific Indoor Farming Market by Flowers and Ornamentals: Annuals, 2022-2032, $ mn 102
Figure 58. Asia Pacific Indoor Farming Market by Flowers and Ornamentals: Ornamentals, 2022-2032, $ mn 103
Figure 59. Asia Pacific Indoor Farming Market by Flowers and Ornamentals: Other Flowers and Ornamentals, 2022-2032, $ mn 104
Figure 60. Asia Pacific Indoor Farming Market by Crop Type: Other Crop Types, 2022-2032, $ mn 105
Figure 61. Breakdown of APAC Indoor Farming Market by Country, 2022 and 2032, % of Revenue 107
Figure 62. Contribution to APAC 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 108
Figure 63. Indoor Farming Market in Japan, 2022-2032, $ mn 110
Figure 64. Indoor Farming Market in China, 2022-2032, $ mn 112
Figure 65. Indoor Farming Market in Australia, 2022-2032, $ mn 114
Figure 66. Indoor Farming Market in India, 2022-2032, $ mn 116
Figure 67. Indoor Farming Market in South Korea, 2022-2032, $ mn 118
Figure 68. Indoor Farming Market in Rest of APAC, 2022-2032, $ mn 120
Figure 69. Growth Stage of Asia Pacific Indoor Farming Industry over the Forecast Period 122

List of Tables

List of Tables:

Table 1. Snapshot of Asia Pacific Indoor Farming Market in Balanced Perspective, 2022-2032 18
Table 2. World Economic Outlook, 2021-2031 22
Table 3. World Economic Outlook, 2021-2023 23
Table 4. World Population Projections to 2035 32
Table 5. Worldwide Sales of Organic Food, 2022-2032, $ bn 34
Table 6. Main Product Trends and Market Opportunities in Asia Pacific Indoor Farming Market 38
Table 7. Asia Pacific Indoor Farming Market by Offering, 2022-2032, $ mn 46
Table 8. Asia Pacific Indoor Farming Market: Hardware by Type, 2022-2032, $ mn 49
Table 9. Key Vendors and Main Products of Climate Control System Market 51
Table 10. Key Vendors and Main Products of Irrigation System Market 53
Table 11. Key Vendors and Main Products of Grow Lights Market 55
Table 12. Key Vendors and Main Products of Sensors Market 57
Table 13. Asia Pacific Indoor Farming Market: Software & Service by Type, 2022-2032, $ mn 60
Table 14. Key Vendors and Main Products of Software & Services Market 61
Table 15. Key Vendors and Main Products of Integrated System Market 65
Table 16. Asia Pacific Indoor Farming Market by Growing System, 2022-2032, $ mn 66
Table 17. Asia Pacific Indoor Farming Market by Facility Type, 2022-2032, $ mn 73
Table 18. Key Vendors and Main Products of Greenhouse Market 76
Table 19. Key Vendors and Main Products of Vertical Farming Market 78
Table 20. Key Vendors and Main Products of Container Farm Market 80
Table 21. Asia Pacific Indoor Farming Market by Crop Type, 2022-2032, $ mn 83
Table 22. Asia Pacific Indoor Farming Market: Fruits and Vegetables by Type, 2022-2032, $ mn 86
Table 23. Asia Pacific Indoor Farming Market: Herbs and Microgreens by Type, 2022-2032, $ mn 93
Table 24. Asia Pacific Indoor Farming Market: Flowers and Ornamentals by Type, 2022-2032, $ mn 100
Table 25. APAC Indoor Farming Market by Country, 2022-2032, $ mn 107
Table 26. Japan Indoor Farming Market by Growing System, 2022-2032, $ mn 111
Table 27. Japan Indoor Farming Market by Facility Type, 2022-2032, $ mn 111
Table 28. Japan Indoor Farming Market by Crop Type, 2022-2032, $ mn 111
Table 29. China Indoor Farming Market by Growing System, 2022-2032, $ mn 113
Table 30. China Indoor Farming Market by Facility Type, 2022-2032, $ mn 113
Table 31. China Indoor Farming Market by Crop Type, 2022-2032, $ mn 113
Table 32. Australia Indoor Farming Market by Growing System, 2022-2032, $ mn 115
Table 33. Australia Indoor Farming Market by Facility Type, 2022-2032, $ mn 115
Table 34. Australia Indoor Farming Market by Crop Type, 2022-2032, $ mn 115
Table 35. India Indoor Farming Market by Growing System, 2022-2032, $ mn 117
Table 36. India Indoor Farming Market by Facility Type, 2022-2032, $ mn 117
Table 37. India Indoor Farming Market by Crop Type, 2022-2032, $ mn 117
Table 38. South Korea Indoor Farming Market by Growing System, 2022-2032, $ mn 119
Table 39. South Korea Indoor Farming Market by Facility Type, 2022-2032, $ mn 119
Table 40. South Korea Indoor Farming Market by Crop Type, 2022-2032, $ mn 119
Table 41. Indoor Farming Market in Rest of APAC by Country/Region, 2022-2032, $ mn 121
Table 42. Recent Developments 126
Table 43. AeroFarms: Company Snapshot 127
Table 44. AeroFarms: Business Segmentation 128
Table 45. AeroFarms: Product Portfolio 128