GCC Smart Indoor Garden Systems Market

GCC Smart Indoor Garden Systems Market Size, Share, Growth Analysis, By Region - Industry Forecast 2024-2031

Report ID: SQMIR20H2038 | Region: Regional | Published Date: February, 2024
Pages: 259 | Tables: 9 | Figures: 73

GCC Smart Indoor Garden Systems Market News

  • In December 2021, LG Electronics (LG) announced launch of its new modem freestanding smart indoor gardening appliance, LG Tiiun, which can be used to cultivate vegetables, herbs, and flowers from the comfort of home all year long. LG's latest lifestyle innovation offers all the benefits of a full-featured garden without the worries of pests or unfavorable climate.
  • In April 2020, AeroFarms planned to build a 90,000 square foot indoor vertical farm in Abu Dhabi, UAE. The farm will be dedicated to state-of-the-art R&D and commercialization of relevant local crops utilizing AeroFarms' expertise and proprietary indoor vertical farming technology
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GCC Smart Indoor Garden Systems Market size was valued at USD 2.06 billion in 2019 and is poised to grow from USD 2.13 billion in 2023 to USD 3.22 billion by 2031, growing at a CAGR of 5.2% in the forecast period (2024-2031).

GCC Smart Indoor Garden Systems Market is highly competitive and somewhat fragmented. To maintain a competitive edge, the major industry participants are continually implementing various growth strategies. Innovations, mergers, and acquisitions, collaborations and partnerships are adopted by these players to thrive in the competitive market. In order to provide industries with the most effective and economical solutions, the major market players are also continually concentrating on R&D. 'Crop One Holdings', 'Madar Farms', 'Urban Farming', 'Alesca Life Technologies', 'Pure Harvest Smart Farms', 'Desert Control', 'Alqudrah Farms', 'Eden Gardens', 'Red Sea Farms', 'Emirates Hydroponics Farms', 'Future Gardens', 'Plantagon International', 'Green Belt', 'Growlink Grow Systems', 'CityCrop', 'iFarm', 'Farmshelf', 'LettUs Grow', 'Root AI', 'Bowery Farming'

The smart indoor gardening systems market is expected to expand as a result of technological developments and the creation of more inventive farming methods and goods. Additionally, it is predicted that there will be significant growth potential due to the growing innovation in smart indoor gardening systems, the expanding interior design market, and the rising need for greater yields. The industry for indoor gardening systems is expected to increase as a result of the increasing usage of cutting-edge technologies like IoT and AI, among others. Intelligent indoor gardening solutions based on AI and IoT are now more compatible with mobile software programmes. Furthermore, it is projected that the advantages provided by intelligent indoor gardening systems would spur the market expansion. These systems provide a variety of functions like self-watering, intelligent pest management, and digital monitoring systems that make it possible to gather crucial information about plant nutrient levels. It is projected that the industry would increase as a result of the growing urbanisation and digitization occurring in emerging nations.

The smart garden has emerged as a practical method of gardening as a result of technological improvements. It makes use of a modern gardening system that is Wi-Fi operated. It has an app that lets you operate the gadget using an Android or iOS handset. These systems are designed for usage indoors where they can be used to regulate lighting and supply nutrients to plants. Additionally equipped with self-watering mechanisms, they were created especially for use indoors in confined areas without soil.

People in nations like UAE and Bahrain spend more than 90% of their time inside. As a result, sustainable or green buildings provide owners, occupants, and businesses with healthier and more effective solutions. It has been proven that utilising a well-integrated green design approach can save operating costs for energy and water efficient buildings by more than 50%. Thus, the UAE and Bahrain region dominates the GCC Smart Indoor Garden Systems Market.

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GCC Smart Indoor Garden Systems Market

Report ID: SQMIR20H2038

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