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Aeroponics Farming Market (Component - Irrigation Component, Lighting Sensor, Climate Control, and Others; Application - Indoor Farming, and Outdoor Farming; End User - Commercial, and Residential): Global Industry Analysis, Trends, Size, Share and Forecasts to 2030

Aeroponics Farming Market (Component - Irrigation Component, Lighting Sensor, Climate Control, and Others; Application - Indoor Farming, and Outdoor Farming; End User - Commercial, and Residential): Global Industry Analysis, Trends, Size, Share and Forecasts to 2030

Report Code: IGR0513 Category: Agriculture & Agrochemicals Published: March, 2024

A recent report published by Infinium Global Research on aeroponics farming market provides in-depth analysis of segments and sub-segments in the global as well as regional aeroponics farming market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional aeroponics farming market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global aeroponics farming market.

Market Insight:

The global aeroponics farming market was valued at USD 2.78 billion in 2022 and is expected to reach USD 14.07 billion in 2030, with a CAGR of 19.64% during the forecast period 2023-2030.

Aeroponics is a groundbreaking technique for cultivating plants without the limitations of traditional methods such as soil or hydroponic solutions. Through this method, plants receive the necessary nutrients and moisture through a gentle mist or delicate droplets, bypassing the need for a medium. This revolutionary approach not only enhances oxygen levels and nutrient intake for plants but also accelerates and optimizes their growth process with impressive efficiency. Furthermore, aeroponics can revolutionize agriculture by addressing the underlying issues with traditional agricultural practices, indicating its wide range of applications. Because aeroponics uses less water than conventional growing, growers may maximize resource utilization. Additionally, the regulated environment minimizes the need for pesticides by lowering the risk of disease and pests. Aeroponics provides a sustainable approach to food production by increasing crop yields and accelerating growth rates through precision nutrient delivery.

Growing consumer demand for sustainable agricultural methods has created a thriving market for aeroponics cultivation. Its expansion is further accelerated by rising public awareness of water conservation. This novel farming technique tackles environmental issues and fits with the worldwide trend towards more resource- and eco-efficient agriculture methods. It depends on the mist of nutrients and air to support plant development. Additionally, the accurate supply of nutrients and oxygen in aeroponics farming promotes higher crop yields, which drives the market's growth. By suspending plant roots in the air, this novel technique speeds up development and makes nutrient absorption more effective. Aeroponics therefore becomes an important factor in increasing agricultural sustainability and output. However, the high implementation costs of aeroponics technology, present difficulties for the aeroponics farming sector. Furthermore, accuracy and production in aeroponics farming are greatly increased by the use of cutting-edge technology and data analytics. New business opportunities are created by utilizing real-time data for growth monitoring and the best possible nutrition supply. Because of this convergence of technology and agriculture, aeroponics is positioned as a cutting-edge approach that is gaining attention from investors and reshaping the nature of agriculture.

Aeroponics Farming Market Size, Share, Trends, Industry | IGR

North America, particularly the United States, has emerged as the leading region for aeroponics farming, boasting the largest market share. This can be attributed to the region's highly developed agricultural infrastructure, continuous technological advancements, and growing emphasis on sustainable farming methods. Notably, the U.S. stands out for its robust efforts in agricultural research and development, with widespread adoption of aeroponics systems, especially within the controlled environment agriculture sector. Moreover, the Asia-Pacific is the fastest-growing region in the aeroponics farming market. Countries such as China and Japan have experienced a significant uptick in enthusiasm and financial investment in cutting-edge farming techniques. This trend has been driven by the pressing need to tackle food insecurity, population increase, and the demand for effective resource management. The Asia-Pacific embrace of aeroponics can be attributed to a combination of support from governing bodies, technological advancements, and a shift towards sustainable and efficient agricultural practices.

Report Scope of the Aeroponics Farming Market:

Report Coverage Details
Market Size in 2022 USD 2.78 Billion
Market Size by 2030 USD 14.07 Billion
Growth Rate from 2023 to 2030 CAGR of 19.64%
Largest Market North America
No. of Pages 255
Market Drivers
  • Growing demand for sustainable agriculture practices and increasing awareness of water conservation help to drive the market.

  • Aeroponics farming offers increased crop production through optimal nutrient and oxygen delivery, driving market growth.

Market Segmentation By Component, By Application, and By End User
Regional Scope North America, Europe, Asia Pacific, and RoW

Segment Covered

The report on global aeroponics farming market covers segments such as component, application, and end user. On the basis of component, the sub-markets include irrigation component, lighting sensor, climate control, and others. On the basis of application, the sub-markets include indoor farming, and outdoor farming. On the basis of end user, the sub-markets include commercial, and residential.

The key players involved in the market such as AeroFarms, Agrotonomy Corp., Innovation Agritech Group, LettUs Grow Ltd., Kalera Inc., Freight Farms, Inc., Living Greens Farm, Inc., CleanGreens Solutions., BrightFarms, and Evergreen Farm Oy.

Report Highlights:

The report provides deep insights into demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the aeroponics farming market. Moreover, the study highlights current market trends and provides forecasts from 2023-2030. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.


Frequently Asked Questions (FAQ's)

The global aeroponics farming market was valued at USD 2.78 Billion in 2022.
It is likely to grow at a CAGR of 19.64% during the forecast period 2023-2030.
The global aeroponics farming market is estimated to reach USD 14.07 Billion by the end of 2030.
North America is anticipated to exhibit high demand for aeroponics farming market during the forecast period.
AeroFarms, Agrotonomy Corp., Innovation Agritech Group, LettUs Grow Ltd., Kalera Inc., Freight Farms, Inc., Living Greens Farm, Inc., CleanGreens Solutions, BrightFarms, and Evergreen Farm Oy.
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