Ventilation And Air Conditioning Market For Indoor Agriculture Growth Analysis | Trends, Drivers and Vendor Forecasts for 2021-2025
Recovery and Growth Insights for 2021-2025

Ventilation and air conditioning market for indoor agriculture is set to post an incremental growth of $ 676.70 mn during 2021-2025. The market will progressing at a CAGR of over 11% during the forecast period. Our analysts provide a detailed understanding of the market focusing on the latest trends, and drivers that are likely to impact growth. This analysis will enable business leaders to strategize and plan for further growth of their business.

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Ventilation And Air Conditioning Market For Indoor Agriculture: Market Segments and Key Trends

The Ventilation and air conditioning market for indoor agriculture is segmented by Product (Ventilation equipment and Air conditioning equipment), Type (New installation and Retrofit), and Geography (North America, Europe, APAC, MEA, and South America). North America led the market with 33% of the market growth set to originate from this region during the forecast period. High capital investment requirement and high operational cost is one of the challenges that will need to be overcome to drive growth. The research report provides market share projections of each segment along with a detailed analysis of all the factors that are likely to boost growth within specific regions as well as global markets.

Ventilation And Air Conditioning Market For Indoor Agriculture: What are the Growth Drivers?

One of the primary factors that will drive market growth is the benefits offered by ventilation and air conditioning equipment in indoor agriculture. The ventilation and air conditioning market for indoor agriculture report provides an understanding of this and all the other drivers that are likely to impact market growth. These insights will enable clients to design growth strategies that will leverage opportunities and neutralize challenges effectively.

Ventilation And Air Conditioning Market For Indoor Agriculture: Competitive Landscape

The market is fragmented. The research report provides insights into the top market player and their product portfolio along with pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Canarm Ltd. , Data Aire Inc., FlaktGroup Holding GmbH, Industries Harnois Inc.  , Ingersoll Rand Inc, Munters Group AB, Resideo Technologies Inc., STULZ GmbH, Systemair AB, and Ziehl-Abegg SE are some of the major market participants.

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Ventilation And Air Conditioning Market For Indoor Agriculture: Key Highlights of the Report for 2021-2025

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will drive ventilation and air conditioning market for indoor agriculture growth during the next five years
• Precise estimation of the ventilation and air conditioning market for indoor agriculture size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the ventilation and air conditioning market for indoor agriculture industry across North America, Europe, APAC, MEA, and South America
• A thorough analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of ventilation and air conditioning market for indoor agriculture vendors

The report provides insights into the following FAQs:

1. What is the market CAGR?
   The market is accelerate at a CAGR of over 11%.
    
2. What is the incremental growth of the market?
   The market is expected to grow by $ 676.70 mn through 2021-2025.
    
3. What is a key factor driving this market?
   benefits offered by ventilation and air conditioning equipment in indoor agriculture will drive market growth over the forecast period.
    
4. What are the key regions covered in this market research report?
   North America, Europe, APAC, MEA, and South America are the key regions featured in this research report.
    
5. Which is the leading geographic region for this market:
   33% growth will originate from North America
    
6. Who are the leading market vendors?
   The leading vendors in this market are Canarm Ltd. , Data Aire Inc., FlaktGroup Holding GmbH, Industries Harnois Inc.  , Ingersoll Rand Inc, Munters Group AB, Resideo Technologies Inc., STULZ GmbH, Systemair AB, and Ziehl-Abegg SE
    
7. What are the market segments covered in this report?
   The market is segmented by Product (Ventilation equipment and Air conditioning equipment), Type (New installation and Retrofit), and Geography (North America, Europe, APAC, MEA, and South America)

Ventilation and Air Conditioning Market for Indoor Agriculture Size to Grow by $ 676.70 mn During 2021-2025

Technavio has been monitoring the ventilation and air conditioning market for indoor agriculture and it is expected to grow by $ 676.70 mn, accelerating at a CAGR of almost 11% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking

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Ventilation And Air Conditioning Market For Indoor Agriculture: North America to lead market growth during the forecast period

• 33% of the market growth will originate from North America during the forecast period.
• Growing preference for fruits and vegetables with no pesticides and other agrochemicals will be a key trend that will influence market growth significantly.
• The Benefits offered by ventilation and air conditioning equipment in indoor agriculture will be a significant factor in driving the growth of the ventilation and air conditioning market for indoor agriculture.

Ventilation And Air Conditioning Market For Indoor Agriculture: Key Competitors

The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Canarm Ltd. , Data Aire Inc., FlaktGroup Holding GmbH, Industries Harnois Inc.  , Ingersoll Rand Inc, Munters Group AB, Resideo Technologies Inc., STULZ GmbH, Systemair AB, and Ziehl-Abegg SE are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

For more insights on this market: Download a Free Sample Report

Ventilation And Air Conditioning Market For Indoor Agriculture: Key Highlights of the Report for 2021-2025

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will drive ventilation and air conditioning market for indoor agriculture growth during the next five years
• Precise estimation of the ventilation and air conditioning market for indoor agriculture size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the ventilation and air conditioning market for indoor agriculture industry across North America, Europe, APAC, MEA, and South America
• A thorough analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of ventilation and air conditioning market for indoor agriculture vendors

Technavio has been monitoring the global ventilation and air conditioning market for indoor agriculture and it is expected to grow by $ 676.70 million, progressing at a CAGR of over 11% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking. View Free Sample Report

North America to lead market growth during the forecast period

• North America is expected to account for 33% of the market growth during the forecast period. The US is one of the key markets for ventilation and air conditioning for indoor agriculture in North America. However, market growth in North America will be slower than the growth of the market in other regions.
• The availability of capital for indoor farming from angel investors and banks will facilitate the ventilation and air conditioning market growth for indoor agriculture in North America over the forecast period.
• Indoor agriculture has gained popularity because of various benefits such as improved yield and more crop per drop. This type of farming reduces water and land use. It also involves the minimal use of agrochemicals, incurring low input cost. As a result, farmers are recording increased income from indoor farming. Consequently, the demand for indoor farming equipment, such as ventilation and air conditioning devices, is increasing. 
• Mobile vertical farming in shipping containers has made the supply chain of fresh vegetables, herbs, and fruits easy without export/import activities through shipping.

Ventilation and Air Conditioning Market for Indoor Agriculture: Key Competitors

The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. Canarm Ltd. , Data Aire Inc., FlaktGroup Holding GmbH, Industries Harnois Inc.  , Ingersoll Rand Inc, Munters Group AB, Resideo Technologies Inc., STULZ GmbH, Systemair AB, and Ziehl-Abegg SE are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

For more insights on this market: Download a Free Sample Report 

Ventilation and Air Conditioning Market for Indoor Agriculture: Key Highlights of the Report for 2021-2025

• CAGR of the market during the forecast period 2021-2025
• Detailed information on factors that will drive Ventilation And Air Conditioning Market For Indoor Agriculture growth during the next five years
• Precise estimation of the ventilation and air conditioning market for indoor agriculture size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the industry across North America, Europe, APAC, MEA, and South America
• A thorough analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of Ventilation and air conditioning market for indoor agriculture vendors