Controlled Environment Agriculture on the Grow.

PositionSCIENCE & TECHNOLOGY

The global market size for controlled environment agriculture (CEA) is set to reach a value of $100,-000,000,000 by 2030, with six potential opportunities capturing $78,000,000,000 in market share, according to data from Lux Research, Boston, Mass., a provider of tech-enabled research and innovation advisory services.

CEA, an indoor, technology-based approach towards cultivating crops under optimal growing conditions, is expanding rapidly due in large part to growing consumer demand for low-environmentalimpact food, local food systems, and improved accessibility to high-quality produce with shorter supply chains. CEA encompasses not only the vertical farming sector, but the indoor cultivation of an everincreasing range of specialty crops for a range of applications from food to health.

A Lux report explores industry momentum across the CEA landscape and categorizes the technology requirements into six potential opportunities:

Automation. Robotics and mechanized operations decrease labor loads and/or streamline production workflows.

Management and analytics. Tools for monitoring crops and/or tracking and optimizing production workflows.

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