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Vertical Farming Market
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Vertical Farming Market2020 -2027
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The global Vertical Farming Market will be worth USD11.71 Billion by 2027, according to a current analysis byEmergen Research.
https://www.emergenresearch.com/industry-report/vertical-farming-markethttps://www.facebook.com/emergenresearchhttps://www.facebook.com/emergenresearchhttps://www.linkedin.com/company/emergen-researchhttps://www.linkedin.com/company/emergen-researchhttps://www.instagram.com/emergenresearch/https://www.instagram.com/emergenresearch/https://twitter.com/emergenresearchhttps://twitter.com/emergenresearch
Custom
Research
Custom
Market
Intelligen
ce
Competito
r
Analysis
Market
Analysi
s
Distributi
on Channel
Analysis
Risk
Analysis
Financia
l
Analysis
Brand
Analysis
Product
Analysis
Demand
Analysis
Our Model
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End Use Analysis
Demand Availability Analytics
Market Entry Strategy
Restructuring & Revival
New Product Strategy
Product Planning / Strategy
SWOT Analysis
Marketing / Distribution Channel
Feasibility
Customer Identification Survey
Competitive Landscape /
M&A Feasibility
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Business Plan
Parameters
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Industries We Cater to
5
Organic Chemicals, Disinfectants and
Preservatives, Adhesives and
Sealants, Polymers and Resins,
Petrochemicals, Agrochemicals and
Fertilizers, Paints and Coatings
Materials and Chemicals
Data Security, Cloud
Computing, IoT and
Digitalization, Robotics,
Telecom and Networking,
Software and Services,
Analytics, Semiconductor,
Internet and
E-Commerce
Information and Tech
Foods & Beverage, Food Ingredients,
Food Processing and Equipment, Food
Testing and Supply Chain, Health
Food and Sports Nutrition, Frozen
and Processed Food, Household,
Retail
Food & Beverages
Medical Devices, Therapeutics,
Biotechnology, Medical Imaging,
Healthcare IT, Hospital Management,
Diagnostics, Laboratory Equipment,
Pharmaceutical
Pharma & Healthcare
Oil and Gas, Electricity, Energy
Storage, Environmental, Renewable
Energy
Power & Energy
Electric and Hybrid Vehicles,
Off Highway and On Highway
Vehicles, Aftermarket and
Maintenance, Automotive Parts,
Interior and Exterior
Materials, Automotive
electronics and Systems
Automotive Services
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The global Vertical Farming Market will be worth USD 11.71 Billion by 2027, according to a current analysis by Emergen
Research. The growth of this market can be attributed to the growing demand for organic food products among consumers.
Growing environmental concerns such as the depletion of soil quality and groundwater on applications of chemical-based
solutions have increased the vertical farming system's adoption.
The reduction in the prices of the light-emitting diode (LED) and the technological advancement in the LEDs help in the
growth of the vertical farming system. The scarcity of space in the densely populated countries has resulted in the
increasing adoption of the vertical farming method. The advantages of growing crops close to urban areas and the
reduction in transportation costs are expected to fuel the vertical farming market's growth over the forecast period.
Key players in the market - Freight Farms, Signify, Osram, Aerofarms, BrightFarms, Everlight Electronics, HELIOSPECTRA AB,
Illumitex, Inc., AGRICOOL, and SKY GREENS, among others.
Get a sample of the report - https://www.emergenresearch.com/request-sample/238
Market Summary
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https://www.emergenresearch.com/industry-report/vertical-farming-markethttps://www.emergenresearch.com/request-sample/238
Some Key Highlights From the Report
1. In March 2020, an expansion of collaboration between Signify and Planet Farms, an operator of vertical farms based in Italy, Europe. The collaboration is expected to boost the quality and yield of the crops with the help of the Philips GreenPower LED production.
2. Shipping container-based vertical farms held the largest market share of 63.5% in 2019 due to the scarcity of the arable lands. Moreover, the ease of transportation and less requirement of land for the installation of the shipping container is expected to drive the growth of the segment.
3. The hydroponics segment is forecasted to grow with the fastest CAGR of 20.2% over the forecast period due to the ease of operation and low installation cost.
4. The lighting segment accounted for the largest market share of the vertical farming market in 2019 as the lighting devices help in the faster growth of the plant. The LED lighting technology is increasingly being used by the horticulture farmers due to the enhanced efficiency and long lifespan of the technologically advanced LEDs.
5. The Asia Pacific region held the largest market share of the vertical farming market in 2019 due to the growing demand for food owing to the rising global population. The scarcity of arable lands in the densely populated countries is also a driving factor for the region's growth.
Market Summary
Emergen Research has segmented the global Small Arms Market on the basis of product type, form type, end user and region:
Structure Outlook (Revenue, USD Billion; 2017-2027)Building-basedShipping-container
Growth mechanisms Outlook (Revenue, USD Billion; 2017-2027)AeroponicsHydroponicsAquaponics
Offering Outlook (Revenue, USD Billion; 2017-2027)Climate ControlLightingHydroponic ComponentsSensors
To read more about the report, visit - https://www.emergenresearch.com/industry-report/vertical-farming-market
Market Summary
https://www.emergenresearch.com/industry-report/autonomous-emergency-brakes-markethttps://www.emergenresearch.com/industry-report/vertical-farming-market
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MARKET
SEGMENTATION
Parameter Details
Market Size Estimation Period 2020-2028
Base Year Considered 2020
Historical Data 2017-2019
Forecast Period 2021-2028
Quantitative Units Revenue in USD million & CAGR from 2020 to 2028
Segments Covered Types, Application, End-Users, Regions & more.
Countries Included The U.S., Germany, U.K., Italy, China, India, Japan, Brazil
Report CoverageRevenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, and Trends
Regions Scope North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Customization Scope 10 hours of free customization & expert consultation
Pricing and Purchase OptionsExplore Different Purchase Options & Request for Discount to Avail New Year Discount
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Regional Share Dynamics
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