Press release
Vertical Farming Market 2018 Global Leaders Overview: Sky Greens, Hort Americas, Urban Crop Solutions, Agrilution, Aerofarms, Indoor Harvest, Everlight Electronics
Market Scenario:
Vertical farming can be explained as a concept or practice by which crops are grown inside a controlled environment. It is basically the method by which crops are grown without soil and water. Also, in vertical farming crops are stacked in layers. Vertical farming comes in different shapes and sizes and they use various mechanisms such as hydroponics, aeroponics, among others.
The reasons contributing to the growth of vertical farming market are better quality of food, increasing population, less dependency on water & soil and increasing demand for food. Also, adoption of new technologies, zero usage of pesticides & fertilizers and implementation of artificial lights are expected to boost the market over the forecast period. However, factors such as initial investments expensive in the urban locations, energy consumption of artificial lighting is more and production of high value crops are hindering the growth of the vertical farming market.
Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/2779
Geographically, North America accounted for the largest market share in the global vertical farming market, whereas Asia-Pacific is expected to grow at a fast pace over the forecast period, 2016-2022.
The Global Vertical Farming Market is expected to reach approximately USD 6 billion by the end of 2022 with 21% CAGR during forecast period 2016-2022.
Key Players:
The key players in the global vertical farming market include Agrilution (Germany), Aerofarms (U.S.), Indoor Harvest Corporation (U.S.), Koninklijke Philips N.V. (Netherlands), Everlight Electronics co.(Taiwan), Illumitex, Inc. (U.S.), Sky Greens (Singapore), Hort Americas (U.S.), Urban Crop Solutions (Belgium) among others.
Segments:
For the purpose of this study, Market Research Future has segmented the market of vertical farming into component, type, crop type and region.
Component
• Hardware
• Software
• Services
Type
• Hydroponic
• Aeroponic
• Aquaponic
Crop Type
• Broccoli
• Spinach
• Cucumbers
• Tomatoes
• Lettuce
• Peppers
• Strawberries
• Others
Region
• North-America
• Europe
• Asia-Pacific
• RoW
Regional Analysis:
Regionally, North-America accounted for the largest market share, because of increasing population, employment generation and adoption of new technological solutions
However, Asia-Pacific is expected to grow over the forecast period 2016-2022. Countries such as China and Japan is expected to boost this region majorly due to urbanization, less of fertile land and more investments for developing vertical farming systems.
Get Complete Report @ https://www.marketresearchfuture.com/reports/vertical-farming-market-2779
Intended Audience
• Manufacturers
• Distributors
• Research firms
• Consultancy firms
• Software Developers
• Semiconductor Manufacturers
• End-user sectors
• Technology Investors
About Us:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Media Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Vertical Farming Market 2018 Global Leaders Overview: Sky Greens, Hort Americas, Urban Crop Solutions, Agrilution, Aerofarms, Indoor Harvest, Everlight Electronics here
News-ID: 1340950 • Views: …
More Releases from Market Research Future
Hydrofluoric Acid Market (CAGR) of 4%, Innovation Imperative Future Proofing You …
Hydrofluoric acid (HF) is a crucial chemical compound with a wide range of applications across various industries. Despite its hazardous nature, it plays an essential role in manufacturing processes, especially in the production of fluorine compounds. The global hydrofluoric acid market has been witnessing steady growth, driven by demand from end-user industries such as oil refining, pharmaceuticals, and electronics.
The Hydrodesulfurization Catalysts Market is projected to register a CAGR of over…
Palm Methyl Ester Derivative Market Size Projected to Grow at 5.92% CAGR, Reachi …
In recent years, the global market for palm methyl ester derivatives has witnessed significant growth, driven by various factors including environmental concerns, technological advancements, and the increasing demand for sustainable alternatives in various industries. Palm methyl ester derivatives, derived from palm oil, have emerged as versatile ingredients with applications spanning across sectors such as cosmetics, pharmaceuticals, lubricants, and more.
The Palm Methyl Ester Derivative Market Size was valued at USD 1.5…
Asia-Pacific Ceramic Tiles Market to Register Highest CAGR Growth of 7.50% by 20 …
The Asia-Pacific ceramic tiles market has been witnessing robust growth, driven by various factors such as increasing investments in residential and commercial construction, renovation activities, and the growing preference for aesthetically pleasing and durable flooring solutions. Countries like China, India, Japan, and South Korea have been leading the market growth, supported by strong manufacturing capabilities, technological advancements, and evolving consumer preferences.
Asia-Pacific Ceramic Tiles Market Size was valued at USD 141.2…
APAC Wallpaper Market to Register Highest CAGR Growth of 8% by 2032: Analysis by …
The APAC wallpaper market has witnessed significant growth in recent years, driven by factors such as rising disposable incomes, expanding construction activities, and growing awareness regarding interior decor. Countries like China, India, Japan, South Korea, and Australia have emerged as key contributors to the region's wallpaper market. Additionally, the increasing adoption of innovative wallpaper designs and patterns is fueling market growth further.
APAC Wallpaper Market Size was valued at USD 0.55…
More Releases for Vertical
Vertical Application Software Market To See Huge Growth and Size by 2028, Applic …
The Latest "Vertical Application Software Market" report provides a valuable set of very comprehensive and detailed information on the global Vertical Application Software market. This data helps both existing industrial manufacturers and emerging competitors to gain their market knowledge. The Vertical Application Software market also studied the revenue share, SWOT analysis, development status, capacity, and forecast details. The main objective of this report is to help the user understand the…
Demand of Vertical Farming Crops Market| Vertical farming refers to a type of in …
An informative data report titled Vertical Farming Crops Market was published by the insight partner. It takes a closer look at the different aspects of the businesses, that are responsible for fuelling the growth of the companies. The research report also provides deep insights into the global market revenue, parent market trends, macro-economic indicators, and governing factors, along with market attractiveness per market segment.
Due to the increased focus on health…
VERTICAL FARMING BUSINESS
Farming in urban areas has become quite difficult due to the rising population, limited space, a fast pace of living, etc. which are driving the new technologies for cultivating the agricultural produce. Vertical Farming is one of the modern and advanced technologies which helps in growing more food in smaller spaces, offering an opportunity for growing fruits and vegetables in a controlled environment in metropolitan areas.
Vertically grown crops require minimum…
Vertical Reciprocating Conveyors | Vertical Lift - Technovision
Vertical Reciprocating Conveyor(VRC)
Technovision is one of the front Runner in Manufacturing, Supplier & Exporters of Material Handling Equipment and Vertical Reciprocating Conveyor in India With an ISO 9001-2015 Certification. The core focus of the company lies in superior quality and excellent customer services.
Vertical Reciprocating Conveyors is widely used to move the material from one floor to another floor with great safety in industrial facilities, stockrooms, warehouse and among numerous others.…
Global Vertical Farming System/Module Market 2018: Metropolis, Urban, Vertical, …
The latest report entitled Global Vertical Farming System/Module Market 2018 by QY Market Research offers the extensive and top to bottom research analysis of the key regional industry existing of the Vertical Farming System/Module market on a global level. This research report mainly focuses on the core regions such as North & South America, Europe, Africa, South & Middle East Asia and Australia and additionally the global top countries like…
Auto Vertical Doors Market Global Research 2017-2022 Vertical Doors, LSD Doors, …
Auto Vertical Doors Market Research 2017
A market study ” Global Auto Vertical Doors Market ” will help you understand, formulate and implement strategic decisions by offering critical data, insights and analysis from technology as well as commercial perspective on the Auto Vertical Doors market. It encloses an in-depth Research of the Auto Vertical Doors market state and the competitive landscape globally. This report consist of comprehensive market data, on a…
