
Indoor Farming Technology Market Set To Reach $32.3 Billion By 2028 Greenhouses And Lighting Systems Drives The Industry
Greenhouses Leading the Way
Among the various facility types, glass and poly greenhouses are expected to dominate the market over the forecast period. These structures provide an efficient, controlled environment for growing crops year-round. Several factors contribute to this trend:
- Rising demand for fresh produce: Urbanization and consumer preferences are pushing growers toward local, high-quality crops. Advanced greenhouse technology: Innovations in climate control, irrigation, and automation are enhancing productivity and profitability. Sustainability focus: Greenhouses offer energy-efficient solutions that help reduce carbon footprints, making them increasingly attractive in environmentally conscious markets.
As indoor farming expands, glass and poly greenhouses are set to remain a cornerstone of modern agricultural practices.
Request Personalized Data Insights for Your Business Goals
Lighting Systems: Powering Growth
Lighting systems are a key component of indoor farming technology, holding a significant market share. In environments lacking natural sunlight, artificial lighting is essential for plant growth. The right lighting spectrum, intensity, and duration can dramatically improve yields while optimizing energy use.
- Quality of light: Simulates natural sunlight or can be tailored for specific plant needs. Intensity and duration: Adjusted to match the crop type, growth stage, and photoperiod requirements. Energy efficiency: Advanced lighting reduces thermal load and energy consumption while maximizing growth potential.
With precision lighting, indoor farms can produce healthier crops faster, supporting the market's rapid growth.
North America on the Rise
North America is expected to increase its market share in indoor farming technology, emerging as one of the fastest-growing regions. Factors driving this growth include:
- The rise of greenhouses and vertical farms in the U.S. and Canada. Government support for innovative urban farming solutions. Widespread adoption of hydroponics and other soilless systems in urban centers to supply fresh produce. Investment rebound: After a dip in 2020 due to the pandemic, private funding, M&A activity, and public listings of indoor farms have surged, with over USD 1.6 billion invested in recent years.
North America's strong ecosystem of investors, technology providers, and growers is helping the region become a hub for indoor agriculture innovation.
Key Market Players
The indoor farming technology landscape features a mix of global innovators and regional specialists, including:
- Scotts Company LLC (US) Signify Holding (Netherlands) EVERLIGHT ELECTRONICS CO., LTD (Taiwan) NETAFIM (Israel) Heliospectra AB (Sweden) Argus Control Systems Limited (Canada) Lumigrow, Inc (Canada) Priva (Netherlands) Vertical Farm Systems (Australia) Sky Greens (Singapore) SANANBIO (China)
These companies are leveraging partnerships, collaborations, and strategic agreements to expand their global footprint and advance indoor farming technologies.
The indoor farming technology industry is entering a period of accelerated growth, fueled by sustainability concerns, consumer demand for fresh produce, and technological innovation. From greenhouses to advanced lighting systems, the industry is evolving rapidly to meet the challenges of modern agriculture.
For growers, investors, and technology providers, the indoor farming sector offers immense opportunities to redefine how food is produced, distributed, and consumed-closer to urban consumers, with higher efficiency and lower environmental impact.
Frequently Asked Questions (FAQ):
- How big is the indoor farming technology market? Which players are involved in the manufacturing of the Indoor farming technology market? Is there Oceania (New Zealand and Australia) specific information (market size, players, growth rate) for Indoor farming technology market? What is the future growth potential of Indoor farming technology market? What are the key challenges faced in the indoor farming technology market?
Make an Inquiry to Address your Specific Business Needs
CONTACT: About MarketsandMarketsTM MarketsandMarketsTM has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report. MarketsandMarketsTM is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe. Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem. The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStoreTM, which integrates research and provides ecosystem-wide visibility into revenue shifts. To find out more, visit TM.com or follow us on Twitter, LinkedIn and Facebook. Contact: Mr. Rohan Salgarkar MarketsandMarketsTM INC. 1615 South Congress Ave. Suite 103, Delray Beach, FL 33445, USA: +1-888-600-6441 Email: ... Visit Our Website:

Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research

- Forex Expo Dubai 2025 Returns October 67 With Exclusive Prize Draw Including Jetour X70 FL
- Xfunded Expands In Dubai, Strengthening Collaborations With Trading Influencers Across Europe
- SPAYZ.Io White Paper Explores Opportunities, Challenges And Ambitions In Payments Industry
- B2BROKER Taps Finery Markets To Power Institutional Crypto OTC On B2TRADER
- Zebu Live 2025 Welcomes Coinbase, Solana, And Other Leaders Together For UK's Biggest Web3 Summit
- Daytrading Publishes New Study Showing 70% Of Viral Finance Tiktoks Are Misleading
Comments
No comment