PUBLISHER: The Business Research Company | PRODUCT CODE: 1852673
PUBLISHER: The Business Research Company | PRODUCT CODE: 1852673
Space farming equipment consists of specialized tools and systems designed to grow plants in space, supporting food production, oxygen generation, and resource recycling in environments where conventional farming is not possible. These technologies operate in closed, challenging conditions such as spacecraft or extraterrestrial habitats, enabling sustainable agriculture beyond Earth and supporting long-term human missions.
Key types of space farming equipment include hydroponics systems, aeroponics systems, aquaponics systems, lighting systems, climate control systems, and others. Hydroponics systems allow soilless cultivation, where plants grow in nutrient-rich water solutions, providing precise control over nutrients, water, and environmental conditions. Common crops include vegetables, fruits, and herbs, which are used for applications such as research, commercial purposes, and more.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
The accelerated imposition of U.S. tariffs and the emerging trade conflicts in spring 2025 are significantly influencing the agriculture sector by increasing input costs for seeds, fertilizers, and machinery parts sourced from abroad. Tariffs on imported agrochemicals and farm equipment have raised production expenses for growers, while retaliatory measures from key trading partners have reduced export opportunities for U.S. crops such as corn, wheat, and dairy products. As a result, many farmers are experiencing shrinking profit margins and heightened financial stress. In response, agricultural producers are diversifying crop portfolios, adopting precision farming technologies to reduce input waste, and advocating for government subsidies and market access relief.
The space farming equipment market research report is one of a series of new reports from The Business Research Company that provides space farming equipment market statistics, including the space farming equipment industry global market size, regional shares, competitors with the space farming equipment market share, detailed space farming equipment market segments, market trends, and opportunities, and any further data you may need to thrive in the space farming equipment industry. This space farming equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The space farming equipment market size has grown rapidly in recent years. It will grow from $1.50 billion in 2024 to $1.76 billion in 2025 at a compound annual growth rate (CAGR) of 17.0%. During the historic period, growth was driven by increased government funding for space agriculture research, higher investments in space agencies and universities, a rise in plant growth experiments aboard the International Space Station, greater focus on controlled environment agriculture technologies, and growing private investment in space exploration projects.
The space farming equipment market size is expected to see rapid growth in the next few years. It will grow to $3.25 billion in 2029 at a compound annual growth rate (CAGR) of 16.6%. During the forecast period, growth is expected to be driven by increasing interest in extraterrestrial colonization and long-duration missions, rising demand for sustainable, self-sufficient food production in space, expanded commercial applications of space farming technologies on Earth, growing investment from private aerospace companies, and heightened global awareness of food security and sustainability challenges. Key trends include advancements in hydroponic and aeroponic farming systems, innovations in climate control and LED lighting technologies, integration of artificial intelligence and robotics into farming operations, development of bioregenerative life support systems, and progress in modular and portable farming equipment designs.
Rising interest in sustainable and self-sufficient food production is expected to drive growth in the space farming equipment market. This approach focuses on producing food with minimal environmental impact while reducing dependence on external supply chains. The increasing emphasis on transforming global food systems, particularly to enhance resilience against climate change and support a growing population, is fueling this trend. Space farming equipment facilitates controlled-environment agriculture in space and extreme conditions, offering scalable solutions for future food security. For example, in September 2024, the European Court of Auditors reported that the European Union aims for 25% of its agricultural land to be organic by 2030, up from 10.5% in 2022. This growing focus on sustainable and self-sufficient food production is driving the market for space farming equipment.
Rising interest in space exploration is expected to drive growth in the space farming equipment market. Space exploration involves studying celestial bodies and phenomena beyond Earth using spacecraft, telescopes, and human missions. This growing interest is fueled by technological advancements and lower launch costs, creating opportunities for commercial ventures, scientific research, and strategic initiatives, leading governments and private companies to increase investments in space activities. Space farming equipment supports long-duration missions by providing fresh food, recycling nutrients, and reducing dependence on resupplies from Earth. For example, in 2023, 2,895 objects were launched into orbit, up from 2,477 in 2022, according to the Global Change Data Lab, a UK-based research organization. This trend is boosting the space farming equipment market.
Leading companies in the space farming equipment market are focusing on technological innovations, such as robotic microgravity-compatible growth modules, to deliver sustainable, fully automated solutions for cultivating crops in space. These modules are automated plant cultivation systems that use robotics and specialized equipment to manage water, nutrients, and environmental conditions in microgravity. For example, in April 2024, Vertical Future, a UK-based vertical farming technology company, launched a pioneering space farm project. The initiative features a fully automated, stacked vertical farming system on the world's first commercial space station, combining LED-lit growth towers with advanced nutrient delivery systems to grow fresh fruits, vegetables, and potentially pharmaceuticals in microgravity. The project aims to support long-duration space missions while providing insights to enhance sustainable farming on Earth.
Major players in the space farming equipment market are Deere and Company, Northrop Grumman Corporation, National Aeronautics and Space Administration (NASA), AGCO Corporation, Maxar Technologies Inc., Steadfast Group, Sierra Space Corporation, Redwire Corporation, Orbital Technologies Corporation, Astrobotic Technology Inc., Little Leaf Farms LLC, Firefly Aerospace Inc., Voyager Space Holdings Inc., Vertical Future, Baloian Farms, Urban Crop Solutions, ForFarming LLC, Eden Green Technology.
North America was the largest region in the space farming equipment market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in space farming equipment report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the space farming equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The space farming equipment market consists of sales of led grow lights, hydroponic nutrient pumps, aeroponic misting nozzles, vertical grow racks, climate control fans, co2 generators, water filtration units, and fertigation mixers. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Space Farming Equipment Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on space farming equipment market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for space farming equipment ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The space farming equipment market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.