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Global Automated Growing Box Market Outlook 2032: Global Opportunity and Demand Analysis, Market forecast To 2032
- Published :
Report ID: AG0007
Pages: 164
Base Year: 2023
Format: PDF
Historical Date: 2019-2022
Market Research Report
Summary At A Glance
Description
Table of Contents
List Of Tables
List Of Figures
Research Methodology
Description
MARKET SCOPE:
The global automated growing box market is projected to grow significantly, registering a CAGR of 14.7% during the forecast period (2024 – 2032).
The Global Automated Growing Box Market has witnessed significant growth, driven by advancements in agricultural technology and a rising focus on precision farming. Automated growing boxes, categorized as fully automatic or semi-automatic, find Applications in households, Greenhouse, vertical farming, and other settings. The market addresses the demand for efficient, space-saving, and technologically advanced solutions for cultivating a variety of crops in controlled environments.
MARKET OVERVIEW:
Driver: Rising recognition for sustainable and efficient farming methods is driving the market growth.
The primary driver for the Automated Growing Box Market is the increasing demand for sustainable and efficient farming methods. Automated growing boxes enable year-round cultivation, reduce dependency on external factors, and enhance crop yields through precise control of environmental conditions. The rising global population and the need for food security further propel the adoption of advanced cultivation technologies.
Additionally, the ever-increasing global population and the imperative for food security are driving the adoption of advanced cultivation technologies like automated growing boxes. These systems play a pivotal role in addressing the challenges posed by population growth and the need for sustainable food production. By providing a reliable and efficient means of cultivation, automated growing boxes contribute to ensuring a stable and sufficient food supply, aligning with the broader goals of achieving global food security in a sustainable manner. Overall, the combination of year-round cultivation, reduced dependency on external factors, and improved crop yields positions automated growing boxes as a key driver in the evolution of modern agriculture.
Opportunities: Ongoing research and development efforts are expected to pave the way for market growth in the upcoming years.
An exciting opportunity for the automated growing box market lies in the ongoing innovation and evolution of the technology. Continuous advancements in artificial intelligence (AI), the Internet of Things (IoT), and data analytics have the potential to elevate automated growing systems to new heights. These technological developments can result in more sophisticated systems that offer real-time monitoring of environmental conditions, predictive analytics for optimal cultivation practices, and enhanced customization options tailored to the specific needs of various crops. This evolution not only improves the efficiency and effectiveness of automated growing boxes but also positions them as cutting-edge solutions for modern agriculture.
Furthermore, the opportunity extends to the exploration of emerging markets. As awareness of sustainable and tech-driven agriculture grows globally, there is an increasing demand for innovative solutions like automated growing boxes. The integration of these systems into smart home ecosystems is another avenue for growth. By seamlessly integrating with smart home technologies, automated growing boxes can become an integral part of connected living spaces, appealing to consumers who seek convenience, efficiency, and sustainability in their daily lives. This intersection of technology and agriculture not only opens new markets but also aligns with the broader trends of smart living and sustainable practices, contributing to the overall growth and acceptance of automated growing box solutions.
COVID IMPACT:
The COVID-19 pandemic has accelerated the adoption of automated growing boxes as people seek self-sufficiency in food production. The trend of home gardening and the interest in locally sourced, fresh produce have surged, driving the demand for automated solutions. However, disruptions in the supply chain and economic uncertainties have posed challenges for market players. The post-pandemic recovery is expected to involve increased investments in resilient and technology-driven agriculture, further boosting the automated growing box market.
In conclusion, the Global Automated Growing Box Market is witnessing robust growth, fueled by technological advancements, increasing demand for sustainable farming, and the transformative impact of the COVID-19 pandemic on consumer behavior and agriculture practices. The market’s future trajectory will likely be shaped by ongoing innovations, expanding Applications, and regional developments in the agricultural landscape.
SEGMENTATION ANALYSIS:
The fully automatic segment of market is anticipated to grow significantly during the forecast period
In the realm of automated growing boxes, the classification into fully automatic and semi-automatic systems delineates their operational characteristics. Fully automatic systems represent the pinnacle of technological integration, functioning with minimal human intervention. These cutting-edge solutions leverage advanced sensors, robotics, and artificial intelligence to orchestrate the entire cultivation process seamlessly. From monitoring environmental conditions to managing irrigation and nutrient delivery, these systems provide a hands-free approach to crop cultivation, ensuring optimal growth conditions without constant manual oversight.
On the other hand, semi-automatic growing boxes strike a balance between automation and user involvement. While incorporating automated features for certain aspects of cultivation, these systems allow users to exercise manual control in specific stages. This flexibility empowers individuals to actively participate in the cultivation process, fostering a more hands-on approach. Semi-automatic growing boxes find Applications across various settings, offering a customizable experience that caters to the preferences and involvement levels of users.
In terms of Type, automated growing boxes cater to diverse needs. In households, these systems enable individuals to cultivate fresh produce at home, promoting self-sufficiency and access to homegrown, nutritious food. In Greenhouse, the focus is on supporting controlled cultivation in larger settings, optimizing factors like temperature, humidity, and light for enhanced crop growth. Vertical farming represents an innovative Type, efficiently utilizing vertical space in urban environments for high-density cultivation. The versatility of automated growing boxes extends to other Applications, including commercial farms, research facilities, and educational institutions, showcasing their adaptability across a spectrum of agricultural settings.
REGIONAL ANALYSIS:
The North America region is set to witness significant growth during the forecast period.
North America currently stands as the dominant region in the Automated Growing Box Market. The region’s strong emphasis on technological innovation, coupled with a growing interest in sustainable agriculture, drives the adoption of automated growing solutions. Europe follows closely, with a focus on urban farming and smart agriculture initiatives. The Asia-Pacific region is poised for significant growth, driven by increasing awareness of food security and the adoption of modern farming practices.
COMPETITIVE ANALYSIS
The global Automated Growing Box market is reasonably competitive with mergers, acquisitions, and product launches. See some of the major key players in the market.
- AgriFORCE
- On October 4, 2023, AgriFORCE Growing Systems Ltd. (NASDAQ: AGRI; AGRIW), an AgTech company with a focus on intellectual property (IP), revealed its acquisition of a 14% stake in Radical Clean Solutions (“RCS”). Under the guidance of Roger Slotkin, RCS has successfully developed and is currently bringing to market a range of proprietary and patent-pending Hydroxyl devices that operate without chemicals. These devices have demonstrated effectiveness in eradicating pathogens, mold, mildew, and volatile organic compounds (VOCs) across various settings, including food production facilities, indoor farms, as well as medical, commercial, and home environments.
- Seedo
- Seedo stands at the forefront as a pioneering high-tech firm, introducing the world’s initial fully automated and controlled indoor growing chambers. Harnessing the power of artificial intelligence, Seedo has engineered two entirely automated models of their grow boxes. These innovative solutions empower individuals, whether at-home consumers or large-scale producers, to cultivate crops without the need for prior experience or ample space. Simultaneously, Seedo ensures that the quality, yield, and reliability of the crop are maximized throughout the growth process.
- Autogrow
- Corsica Innovations Inc.
- Spinner
- Grobo
- Growater Controls
- Green Automation Group
- SuperCloset
- Growlink
- Grow Director
- Neofarms GmbH
- Open Grow
- Eponic Autocrop
- Armoire
Scope of the Report
- By Type
- Fully Automatic
- Semi-automatic
- By Application
- Household
- Greenhouse
- Vertical Farming
- Others
- By Region
- North America (the United States & Canada)
- Europe (Germany, UK, France, Spain, Italy, and the Rest of Europe)
- Asia Pacific (China, Japan, India, and Rest of Asia Pacific)
- Rest of the World (the Middle East & Africa, Latin America, and Rest of The World)
Keys reasons to purchasing this report
- It provides a technological development map over time to understand the industry’s growth rate and indicates how the Automated Growing Box Market is evolving.
- The report offers a dynamic method to various factors that drive or restrain the growth of the market and specifies which Automated Growing Box submarket will be the main driver of the overall market from 2024 to 2032.
- It renders a definite analysis of changing competitive dynamics and stipulates the leading players and what are their prospects over the forecast period.
- It builds a nine-year estimate based on how the market is predicted to grow and shows what will market shares of the global region change by 2032 and which country will lead the market in 2032.
Table of Contents
- Executive Summary
- Market Snapshot
- Regional Analysis
- Segment Analysis
- Overview and scope
- Market Vision
- Market Definition
- Market Segmentation
- Market Vision
- Global Automated Growing Box Market Overview By Region: 2019 VS 2023 VS 2032
- Global Automated Growing Box Market Size by Region (2019-2022) (USD Million)
- North America Automated Growing Box Market Size by Country (2019-2022) (USD Million)
- Europe Automated Growing Box Market Size by Country (2019-2022) (USD Million)
- Asia Pacific America Automated Growing Box Market Size by Country (2019-2022) (USD Million)
- Rest of the World Automated Growing Box Market Size by Country (2019-2022) (USD Million)
- Global Automated Growing Box Market Size by Region (2024-2032) (USD Million)
- North America Automated Growing Box Market Size by Country (2024-2032) (USD Million)
- Europe Automated Growing Box Market Size by Country (2024-2032) (USD Million)
- Asia Pacific Automated Growing Box Market Size by Country (2024-2032) (USD Million)
- Rest of the World Automated Growing Box Market Size by Country (2024-2032) (USD Million)
- Global Automated Growing Box Market Size by Region (2019-2022) (USD Million)
- Global Automated Growing Box Market Dynamics
- Market Overview
- Market Drivers
- Market Restraints/ Challenges Analysis
- Market Opportunities
- PESTLE Analysis
- Porter’s Five forces Model
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- The threat of New Entrants
- Threat of Substitutes
- Intensity of Rivalry
- Value Chain Analysis/Supply Chain Analysis
- Covid-19 Impact Analysis on Global Automated Growing Box Market
- Market Overview
** In – depth qualitative analysis will be provided in the final report subject to market
- Global Automated Growing Box Market, By Type
- Overview
- Key Findings for Automated Growing Box Market – By Type
- Fully Automatic
- Semi-automatic
- Global Automated Growing Box Market, By Application
- Overview
- Key Findings for Automated Growing Box Market – By Application
- Household
- Greenhouse
- Vertical Farming
- Others
- Global Automated Growing Box Market, by region
- Key Findings for Automated Growing Box Market- By region
- Overview
- Global Automated Growing Box Market, By Type
- Global Automated Growing Box Market, By Application
- Global Automated Growing Box Market- North America
- Global Automated Growing Box Market- Europe
- Overview
- Europe Automated Growing Box Market Size (2019 – 2032) (USD Million)
- Europe Automated Growing Box Market, By Application
- Europe Automated Growing Box Market, By Type
- Europe Automated Growing Box Market Size by Countries
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
- Global Automated Growing Box Market – Asia Pacific
- Overview
- Asia Pacific Automated Growing Box Market Size (2019 – 2032) (USD Million)
- Asia Pacific Automated Growing Box Market, By Type
- Asia Pacific Automated Growing Box Market, By Application
- Asia Pacific Automated Growing Box Market Size by Countries
- China
- Japan
- India
- Rest of Asia Pacific
- Global Automated Growing Box Market- Rest of World
- Overview
- Rest of World Automated Growing Box Market Size (2019 – 2032) (USD Million)
- Rest of World Automated Growing Box Market, By Type
- Rest of World Automated Growing Box Market, By Application
- Rest of World Automated Growing Box Market Size by Region
- Middle East & Africa
- Latin America
- Rest Of The World
- GLOBAL Automated Growing Box Market- Competitive Landscape
- Key Strategies Adopted by the Leading Players
- Recent Developments
- Investments & Expansions
- New End-User Launches
- Mergers & Acquisitions
- Agreements, Joint Ventures, and Partnerships
- GLOBAL Automated Growing Box Market- Company Profiles
- AgriFORCE
- Company Overview
- Financial Overview
- Application Offered
- Key Developments
- Seedo
- Autogrow
- Corsica Innovations Inc.
- Spinner
- Grobo
- Growater Controls
- Green Automation Group
- SuperCloset
- Growlink
- Grow Director
- Neofarms GmbH
- Open Grow
- Eponic Autocrop
- Armoire
- AgriFORCE
- Our Research Methodology
- Data Triangulation
- Data Sources
- Secondary Sources
- Primary Sources
- Assumptions/ Limitations for The Study
- Research & forecasting Methodology
- Appendix
- Disclaimer
- Contact Us
List Of Tables
- Global Automated Growing Box Historic Market Size By Region (2019 – 2032) (USD Million)
- Global Automated Growing Box forecasted Market Size By Region (2024-2032) (USD Million)
- Global Automated Growing Box Market- Drivers
- Global Automated Growing Box Market- Restraint /Challenges
- Global Automated Growing Box Market- Opportunity Analysis
- Global Automated Growing Box Market Size By Type (2019 – 2032) (USD Million)
- Global Automated Growing Box Market Size By Fully Automatic (2019 – 2032) (USD Million)
- Global Automated Growing Box Market Size By Semi-automatic (2019 – 2032) (USD Million)
- Global Automated Growing Box Market Size By Application (2019 – 2032) (USD Million)
- Global Automated Growing Box Market Size By Household (2019 – 2032) (USD Million)
- Global Automated Growing Box Market Size By Greenhouse (2019 – 2032) (USD Million)
- Global Automated Growing Box Market Size By Vertical Farming (2019 – 2032) (USD Million)
- Global Automated Growing Box Market Size By Others (2019 – 2032) (USD Million)
- North America Automated Growing Box Market Size By Type (2019 – 2032) (USD Million)
- North America Automated Growing Box Market Size By Fully Automatic (2019 – 2032) (USD Million)
- North America Automated Growing Box Market Size By Semi-automatic (2019 – 2032) (USD Million)
- North America Automated Growing Box Market Size By Application (2019 – 2032) (USD Million)
- North America Automated Growing Box Market Size By Household (2019 – 2032) (USD Million)
- North America Automated Growing Box Market Size By Greenhouse (2019 – 2032) (USD Million)
- North America Automated Growing Box Market Size By Vertical Farming (2019 – 2032) (USD Million)
- North America Automated Growing Box Market Size By Others (2019 – 2032) (USD Million)
- Europe Automated Growing Box Market Size By Type (2019 – 2032) (USD Million)
- Europe Automated Growing Box Market Size By Fully Automatic (2019 – 2032) (USD Million)
- Europe Automated Growing Box Market Size By Semi-automatic (2019 – 2032) (USD Million)
- Europe Automated Growing Box Market Size By Application (2019 – 2032) (USD Million)
- Europe Automated Growing Box Market Size By Household (2019 – 2032) (USD Million)
- Europe Automated Growing Box Market Size By Greenhouse (2019 – 2032) (USD Million)
- Europe Automated Growing Box Market Size By Vertical Farming (2019 – 2032) (USD Million)
- Europe Automated Growing Box Market Size By Others (2019 – 2032) (USD Million)
- Asia Pacific Automated Growing Box Market Size By Type (2019 – 2032) (USD Million)
- Asia Pacific Automated Growing Box Market Size By Fully Automatic (2019 – 2032) (USD Million)
- Asia Pacific Automated Growing Box Market Size By Semi-automatic (2019 – 2032) (USD Million)
- Asia Pacific Automated Growing Box Market Size By Application (2019 – 2032) (USD Million)
- Asia Pacific Automated Growing Box Market Size By Household (2019 – 2032) (USD Million)
- Asia Pacific Automated Growing Box Market Size By Greenhouse (2019 – 2032) (USD Million)
- Asia Pacific Automated Growing Box Market Size By Vertical Farming (2019 – 2032) (USD Million)
- Asia Pacific Automated Growing Box Market Size By Others (2019 – 2032) (USD Million)
- Rest of World Automated Growing Box Market Size By Type (2019 – 2032) (USD Million)
- Rest of World Automated Growing Box Market Size By Fully Automatic (2019 – 2032) (USD Million)
- Rest of World Automated Growing Box Market Size By Semi-automatic (2019 – 2032) (USD Million)
- Rest of World Automated Growing Box Market Size By Application (2019 – 2032) (USD Million)
- Rest of World Automated Growing Box Market Size By Household (2019 – 2032) (USD Million)
- Rest of World Automated Growing Box Market Size By Greenhouse (2019 – 2032) (USD Million)
- Rest of World Automated Growing Box Market Size By Vertical Farming (2019 – 2032) (USD Million)
- Rest of World Automated Growing Box Market Size By Others (2019 – 2032) (USD Million)
- Data Triangulation
List Of Figures
- Market Highlights
- Market Highlights By Region
- Global Automated Growing Box Market Size By Type: 2023 VS 2032
- Global Automated Growing Box Market Size by Application: 2023 VS 2032
- Global Automated Growing Box Market Size By Type (2019 – 2032) (USD Million)
- Global Automated Growing Box Market Size By Fully Automatic (2019 – 2032) (USD Million)
- Global Automated Growing Box Market Size By Semi-automatic (2019 – 2032) (USD Million)
- Global Automated Growing Box Market Size By Application (2019 – 2032) (USD Million)
- Global Automated Growing Box Market Size By Household (2019 – 2032) (USD Million)
- Global Automated Growing Box Market Size By Greenhouse (2019 – 2032) (USD Million)
- Global Automated Growing Box Market Size By Vertical Farming (2019 – 2032) (USD Million)
- Global Automated Growing Box Market Size By Others (2019 – 2032) (USD Million)
- Market By Region
- North America Automated Growing Box Market Size (2019 – 2032) (USD Million)
- North America Automated Growing Box By United States Revenue (USD Million) (2019 – 2032)
- North America Automated Growing Box By Canada Revenue (USD Million 2019 – 2032)
- Europe Automated Growing Box Market Size (2019 – 2032) (USD Million)
- Europe Automated Growing Box By United Kingdom Revenue (USD Million) (2019 – 2032)
- Europe Automated Growing Box By Germany Revenue (USD Million 2019 – 2032)
- Europe Automated Growing Box By France Revenue (USD Million 2019 – 2032)
- Europe Automated Growing Box By Italy Revenue (USD Million 2019 – 2032)
- Europe Automated Growing Box By Spain Revenue (USD Million 2019 – 2032)
- Europe Automated Growing Box By Rest Of Europe Revenue (USD Million 2019 – 2032)
- Asia Pacific Automated Growing Box Market Size (2019 – 2032) (USD Million)
- Asia Pacific Automated Growing Box By China Revenue (USD Million) (2019 – 2032)
- Asia Pacific Automated Growing Box By Japan Revenue (USD Million 2019 – 2032)
- Asia Pacific Automated Growing Box By India Revenue (USD Million 2019 – 2032)
- Asia Pacific Automated Growing Box By Rest Of APAC Revenue (USD Million 2019 – 2032)
- Rest Of World Automated Growing Box Market Size (2019 – 2032) (USD Million)
- Rest of World Automated Growing Box By the Middle East & Africa Revenue (USD Million) (2019 – 2032)
- Rest of World Automated Growing Box By Latin America Revenue (USD Million 2019 – 2032)
- Rest of World Automated Growing Box By Rest Of The World Revenue (USD Million 2019 – 2032)
- Key Strategies Adopted By The Leading Players
- Secondary Sources
- Primary Research
- Global Automated Growing Box Market – Research Methodology
Research Methodology
Primary and Secondary Research
In order to understand the market in detail we conduct primary and secondary research. We collect as much information as we can from the market experts through primary research. We contact the experts from both demand and supply side and conduct interviews to understand the actual market scenario. In secondary research, we study and gather the data from various secondary sources such as company annual reports, press releases, whitepapers, paid databases, journals, and many other online sources. With the help of the primary interviews, we validate the data collected from secondary sources and get a deep understanding on the subject matter. Post this our team uses statistical tools to analyses the data to arrive at a conclusion and draft it in presentable manner.
Market Size Estimations
Understanding and presenting the data collected is a crucial task. Market sizing is a critical part of the data analysis and this task is performed by using Top-down and bottom-up approaches. In this process, we place different data points, market information and industry trends at a suitable space. This placement helps us presume the estimated & forecast values for coming few years. We use several mathematical and statistical models to estimate the market sizes of different countries and segments. Each of this is further added up to outline the total market. These approaches are individually done on regional/country and segment level.
Data Triangulation
As we arrive at the total market sizes, the market is again broken down into segments and subsegments. This process is called as data triangulation and is implementable wherever applicable. This step not only helps us conclude the overall market engineering process, but also gives an assurance on accuracy of the data generated. The data is triangulated based on studying the market trends, various growth factors, and aspects of both demand and supply side.
