Report Brief-
Historical Data: 2017-2022
Base year: 2022
Current Year Data: 2022
Projected Data: 2023-2030
"According to the research report published by IMR Market Research, Global Vertical Farming Market was valued at USD 2.81 billion in 2021 and is expected to reach USD 7.03 billion by the year 2028, at a CAGR of 14%.”.
Vertical farming is the process of cultivating crops in layers that are piled vertically. It frequently integrates soilless farming techniques such as hydroponics, Aquaponics, and Aeroponics, as well as controlled-environment agriculture, which tries to optimize plant development. Buildings, shipping containers, tunnels, and abandoned mine shafts are some of the most frequent structures used to house vertical farming systems. There will be approximately 30 hectares (74 acres) of operational vertical agriculture in the world by 2020. Dickson Despommier, a Columbia University professor of public and environmental health, created the contemporary concept of vertical farming in 1999. Despommier and his students devised a plan for a skyscraper farm capable of feeding 50,000 people.
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The key players covered in the Vertical Farming market report is:
FarmVisionAI (US),AmHydro (US),Mirai Co. Ltd (Japan),Osram Licht AG (Germany),Freight Farms (US),AeroFarms LLC (US),Bright Farms (US),Sky Greens (Singapore),Spread Co. Ltd.; (Japan),Plenty Unlimited Inc. (the US),Future Crops (Netherlands),Vertical Farm Systems (Australia),Valoya (Finland),Everlight Electronics Co. Ltd. (Taiwan),Heliospectra AB (Sweden),Intelligent Growth Solutions (Scotland),Green Sense Farms (US),Agrilution Systems GmbH (Germany),Vertical Future Ltd (UK),Urban Crop solutions (Belgium),Bowery Farming (US),Agricool (France),Swegreen (Sweden),Sananbio (US),Growpod Solutions (US),Infarm (Germany),Altius Farms (US),Signify Holding (Netherlands),4D BIOS INC (US),General Hydroponics Inc. (US) and other major players.
The latest research on the Vertical Farming market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global Vertical Farming industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Vertical Farming market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.
Segmentation of Vertical Farming market:
In market segmentation by Type, Vertical Farming Market report covers:
Lighting,Hydroponic Components,Climate Control,Sensors,Software & Services
In market segmentation by Growth Mechanism, Vertical Farming Market report covers:
Hydroponics,Aeroponics,Aquaponics
Market Segment by Regions and Countries Level Analysis:
- North America (U.S., Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
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Recent trends and developments in the global Vertical Farming market have been analyzed. Opportunities leading to the growth of the market have been analyzed and stated. Drivers and restraints impacting the growth of the market have also been analyzed. A segmentation of the global Smart market has been done for the purpose of a detailed study. The market is segmented on the basis of key criteria. Data on the leading and fastest-growing segments along with what drives them has been given. This report implements a balanced mix of primary and secondary research methodologies for its analysis.
Scope and Segmentation Of The Vertical Farming Market Research Report
|
Report Coverage |
Details |
|
Forecast Period |
2023 to 2030 |
|
Forecast Period 2022 to 2028 CAGR |
14% |
|
2028 Value Projection |
USD 7.03 Billion |
|
Base Year |
|
Reasons to buy the global Vertical Farming market
1. This research identifies the region and market sector that is likely to expand the fastest and dominate the Vertical Farming industry.
2. Market analysis of the Vertical Farming by region, covering the consumption of the manufacturer in each country as well as the factors that influence the market within each region.
3. The market environment includes the top players’ Vertical Farming market rankings, as well as new service/product announcements, collaborations, company growth, and acquisitions made by the companies profiled in the previous five years.
4. For the top Vertical Farming market players, extensive company profiles with business overviews, company insights, product evaluations, and SWOT analyses are available.
5. The company’s present and future outlook in light of recent changes (which include both advanced and developing regions’ growth possibilities and drivers, as well as difficulties and restraints).
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