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+20% CAGR Projection for Vertical Farming, Plant Factory Market By 2023 Research Studied Focusing On Competition Status, Emerging Trends, Growth Factors And Key Players like Philips, OSRAM, Illumitex, Grow LED Hydro, Cidly, Sunprou, JCX LED
vertical farming is a closed environment in which plants are grown under lights in shelves stacked one on another. All the elements needed for plant growth are artificially controlled, a process that removes detrimental influences such as pesticides and poor weather conditions. Traditional agriculture lives at the mercy of the elements. A plant factory is run based on science. Science is used to produce plants based on carefully controlled spectrum best for plant growth, to produce plants of a fixed quality, quantity, cost, time to harvest, and tuned to control the sale price.the report covers segment data, including: type segment, industry segment, channel segment etc. cover different segment market size, both volume and value. Also cover different industries clients information, which is very important for the manufacturers.
“Research N Reports Analyst Predicts The Vertical Farming, Plant Factory Market Expected To Grow at a CAGR of +20% During Forecast Period.”
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Organic food is the products obtained through the farming system which do not use synthetic fertilizers, pesticides, and growth regulators. Currently, people around the world are consciously aware of the diet of food every day and using chemicals and pesticides, they have changed from the food used in organic food. In North America, organic food sales witnessed a significant increase in the last few years.
Vertical agriculture allows farmers to deliver products on a timely basis and to be confident in supply base contracts. Another benefit of well-performed vertical farming is that there is no agricultural runoff or there is no concept of seasonal crops. Thus, timely yields, reduced corruption and reduced shipping costs are expected to strengthen vertical agricultural markets in the near future.
The vertical agricultural environment is secured by biosecurity procedures that limit disease and pest attacks on crops. This shortens retention time because the harvesting system does not require herbicides, insecticides and foliar application. This biostability also prevents expensive post-harvest processing and product damage. Thus, the cost effectiveness and reduced use of hazardous chemicals in this system is expected to improve the vertical agriculture market. Vertical agriculture is generally used in combination with natural light and artificial light. Artificial lighting is often LED based and renewable power sources for solar or wind turbines.
Top Key Players Profiled in the report are:
Philips, OSRAM, Illumitex, GE, Valoya, Everlight Electronics, Epistar, LumiGrow, Cidly, Sunprou, JCX LED, Weshine, LEDHYDROPONICS, Kind LED Grow Lights, Spectrum King Grow Lights, K-Light, QEE Technology, Rosy Electronics, Ohmax Optoelectronic Lighting, Zhicheng Lighting, Fionia Lighting, Netled, Apollo Horticulture, Grow LED Hydro, Flow Magic, California LightWorks, Kessil
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The report provides detailed information regarding the performance of the gem quality diamonds market in each key regional segment. The North America, Europe, Asia-Pacific, Latin America, and the Middle-East and Africa are the key regional Vertical Farming, Plant Factory markets studied in the report.
Table of Contents
Global Vertical Farming, Plant Factory Market Research Report.
Chapter 1 Vertical Farming, Plant Factory Market Overview
Chapter 2 Global Economic Impact
Chapter 3 Competition by Manufacturer
Chapter 4 Production, Revenue (Value) by Region
Chapter 5 Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Production, Revenue (Value), Price Trend by Type
Chapter 7 Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Market Forecast
Continued…
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