Global Ventilation and Air Conditioning for Indoor Agriculture Market 2024-2028

The ventilation and air conditioning for indoor agriculture market is forecasted to grow by USD 999.57 mn during 2023-2028, accelerating at a CAGR of 12.03% during the forecast period. The report on the ventilation and air conditioning for indoor agriculture market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by benefits offered by ventilation and air conditioning equipment in indoor agriculture, growing demand for exotic fruits, vegetables, and flowers, and availability of funding for startups and farmers for indoor agriculture.

Market Scope
Base Year	2023
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	11.65%
CAGR	12.03%
Incremental Value	$999.57mn

Technavio's ventilation and air conditioning for indoor agriculture market is segmented as below:

By Product

Air conditioning equipment
Ventilation equipment

By Type

New installation
Retrofit

By Geographical Landscape

North America
Europe
APAC
Middle East and Africa
South America

This study identifies the emerging fashion of container farming as one of the prime reasons driving the ventilation and air conditioning for indoor agriculture market growth during the next few years. Also, the detrimental impact of climate change on agricultural output and the growing preference for organic fruits and vegetables will lead to sizable demand in the market.

The report on the ventilation and air conditioning for indoor agriculture market covers the following areas:

Ventilation and air conditioning for indoor agriculture market sizing
Ventilation and air conditioning for indoor agriculture market forecast
Ventilation and air conditioning for indoor agriculture market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading ventilation and air conditioning for indoor agriculture market vendors that include Agrowtek Inc., American Coolair Corp., Canarm Ltd., Dantherm Group AS, FlaktGroup Holding GmbH, FORBIX SEMICON Technologies Pvt Ltd., Honeywell International Inc., Ingersoll Rand Inc., Kanomax USA Inc., KCC Companies, KE Fibertec AS, Link4 Corp., Multistack LLC, Munters Group AB, Pinnacle Climate Technologies, Resideo Technologies Inc., Systemair AB, VFA Solutions BV, WOLTER VENTILATION Co. Ltd., and ZIEHL ABEGG SE. Also, the ventilation and air conditioning for indoor agriculture market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR70358

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Product
Exhibit 06: Executive Summary - Chart on Market Segmentation by Type
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global ventilation and air conditioning for indoor agriculture market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global ventilation and air conditioning for indoor agriculture market 2018 - 2022 ($ million)
4.2 Product Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Product Segment 2018 - 2022 ($ million)
4.3 Type Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Type Segment 2018 - 2022 ($ million)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Product

6.1 Market segments
Exhibit 30: Chart on Product - Market share 2023-2028 (%)
Exhibit 31: Data Table on Product - Market share 2023-2028 (%)
6.2 Comparison by Product
Exhibit 32: Chart on Comparison by Product
Exhibit 33: Data Table on Comparison by Product
6.3 Air conditioning equipment - Market size and forecast 2023-2028
Exhibit 34: Chart on Air conditioning equipment - Market size and forecast 2023-2028 ($ million)
Exhibit 35: Data Table on Air conditioning equipment - Market size and forecast 2023-2028 ($ million)
Exhibit 36: Chart on Air conditioning equipment - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Air conditioning equipment - Year-over-year growth 2023-2028 (%)
6.4 Ventilation equipment - Market size and forecast 2023-2028
Exhibit 38: Chart on Ventilation equipment - Market size and forecast 2023-2028 ($ million)
Exhibit 39: Data Table on Ventilation equipment - Market size and forecast 2023-2028 ($ million)
Exhibit 40: Chart on Ventilation equipment - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Ventilation equipment - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Product
Exhibit 42: Market opportunity by Product ($ million)
Exhibit 43: Data Table on Market opportunity by Product ($ million)

7 Market Segmentation by Type

7.1 Market segments
Exhibit 44: Chart on Type - Market share 2023-2028 (%)
Exhibit 45: Data Table on Type - Market share 2023-2028 (%)
7.2 Comparison by Type
Exhibit 46: Chart on Comparison by Type
Exhibit 47: Data Table on Comparison by Type
7.3 New installation - Market size and forecast 2023-2028
Exhibit 48: Chart on New installation - Market size and forecast 2023-2028 ($ million)
Exhibit 49: Data Table on New installation - Market size and forecast 2023-2028 ($ million)
Exhibit 50: Chart on New installation - Year-over-year growth 2023-2028 (%)
Exhibit 51: Data Table on New installation - Year-over-year growth 2023-2028 (%)
7.4 Retrofit - Market size and forecast 2023-2028
Exhibit 52: Chart on Retrofit - Market size and forecast 2023-2028 ($ million)
Exhibit 53: Data Table on Retrofit - Market size and forecast 2023-2028 ($ million)
Exhibit 54: Chart on Retrofit - Year-over-year growth 2023-2028 (%)
Exhibit 55: Data Table on Retrofit - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Type
Exhibit 56: Market opportunity by Type ($ million)
Exhibit 57: Data Table on Market opportunity by Type ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 59: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 60: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 61: Chart on Geographic comparison
Exhibit 62: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2023-2028
Exhibit 63: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 64: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 65: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 66: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
Exhibit 67: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 68: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 69: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 70: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 APAC - Market size and forecast 2023-2028
Exhibit 71: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibit 72: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibit 73: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 74: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.6 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 75: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibit 76: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibit 77: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.7 South America - Market size and forecast 2023-2028
Exhibit 79: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibit 80: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibit 81: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
Exhibit 83: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibit 84: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibit 85: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 China - Market size and forecast 2023-2028
Exhibit 87: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibit 88: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibit 89: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on China - Year-over-year growth 2023-2028 (%)
9.10 UK - Market size and forecast 2023-2028
Exhibit 91: Chart on UK - Market size and forecast 2023-2028 ($ million)
Exhibit 92: Data Table on UK - Market size and forecast 2023-2028 ($ million)
Exhibit 93: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on UK - Year-over-year growth 2023-2028 (%)
9.11 Canada - Market size and forecast 2023-2028
Exhibit 95: Chart on Canada - Market size and forecast 2023-2028 ($ million)
Exhibit 96: Data Table on Canada - Market size and forecast 2023-2028 ($ million)
Exhibit 97: Chart on Canada - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on Canada - Year-over-year growth 2023-2028 (%)
9.12 Germany - Market size and forecast 2023-2028
Exhibit 99: Chart on Germany - Market size and forecast 2023-2028 ($ million)
Exhibit 100: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Exhibit 101: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 103: Market opportunity By Geographical Landscape ($ million)
Exhibit 104: Data Tables on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 105: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 107: Overview on factors of disruption
11.4 Industry risks
Exhibit 108: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 109: Vendors covered
12.2 Market positioning of vendors
Exhibit 110: Matrix on vendor position and classification
12.3 Agrowtek Inc.
Exhibit 111: Agrowtek Inc. - Overview
Exhibit 112: Agrowtek Inc. - Product / Service
Exhibit 113: Agrowtek Inc. - Key offerings
12.4 American Coolair Corp.
Exhibit 114: American Coolair Corp. - Overview
Exhibit 115: American Coolair Corp. - Product / Service
Exhibit 116: American Coolair Corp. - Key offerings
12.5 Canarm Ltd.
Exhibit 117: Canarm Ltd. - Overview
Exhibit 118: Canarm Ltd. - Product / Service
Exhibit 119: Canarm Ltd. - Key offerings
12.6 FlaktGroup Holding GmbH
Exhibit 120: FlaktGroup Holding GmbH - Overview
Exhibit 121: FlaktGroup Holding GmbH - Product / Service
Exhibit 122: FlaktGroup Holding GmbH - Key offerings
12.7 FORBIX SEMICON Technologies Pvt Ltd.
Exhibit 123: FORBIX SEMICON Technologies Pvt Ltd. - Overview
Exhibit 124: FORBIX SEMICON Technologies Pvt Ltd. - Product / Service
Exhibit 125: FORBIX SEMICON Technologies Pvt Ltd. - Key offerings
12.8 Honeywell International Inc.
Exhibit 126: Honeywell International Inc. - Overview
Exhibit 127: Honeywell International Inc. - Business segments
Exhibit 128: Honeywell International Inc. - Key news
Exhibit 129: Honeywell International Inc. - Key offerings
Exhibit 130: Honeywell International Inc. - Segment focus
12.9 Ingersoll Rand Inc.
Exhibit 131: Ingersoll Rand Inc. - Overview
Exhibit 132: Ingersoll Rand Inc. - Business segments
Exhibit 133: Ingersoll Rand Inc. - Key offerings
Exhibit 134: Ingersoll Rand Inc. - Segment focus
12.10 Kanomax USA Inc.
Exhibit 135: Kanomax USA Inc. - Overview
Exhibit 136: Kanomax USA Inc. - Product / Service
Exhibit 137: Kanomax USA Inc. - Key offerings
12.11 KE Fibertec AS
Exhibit 138: KE Fibertec AS - Overview
Exhibit 139: KE Fibertec AS - Product / Service
Exhibit 140: KE Fibertec AS - Key offerings
12.12 Link4 Corp.
Exhibit 141: Link4 Corp. - Overview
Exhibit 142: Link4 Corp. - Product / Service
Exhibit 143: Link4 Corp. - Key offerings
12.13 Multistack LLC
Exhibit 144: Multistack LLC - Overview
Exhibit 145: Multistack LLC - Product / Service
Exhibit 146: Multistack LLC - Key offerings
12.14 Munters Group AB
Exhibit 147: Munters Group AB - Overview
Exhibit 148: Munters Group AB - Product / Service
Exhibit 149: Munters Group AB - Key offerings
12.15 Pinnacle Climate Technologies
Exhibit 150: Pinnacle Climate Technologies - Overview
Exhibit 151: Pinnacle Climate Technologies - Product / Service
Exhibit 152: Pinnacle Climate Technologies - Key offerings
12.16 Resideo Technologies Inc.
Exhibit 153: Resideo Technologies Inc. - Overview
Exhibit 154: Resideo Technologies Inc. - Business segments
Exhibit 155: Resideo Technologies Inc. - Key offerings
Exhibit 156: Resideo Technologies Inc. - Segment focus
12.17 Systemair AB
Exhibit 157: Systemair AB - Overview
Exhibit 158: Systemair AB - Business segments
Exhibit 159: Systemair AB - Key offerings
Exhibit 160: Systemair AB - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 161: Inclusions checklist
Exhibit 162: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 163: Currency conversion rates for US$
13.4 Research methodology
Exhibit 164: Research methodology
Exhibit 165: Validation techniques employed for market sizing
Exhibit 166: Information sources
13.5 List of abbreviations
Exhibit 167: List of abbreviations