openPR Logo
Press release

Aeroponics Farming Market in North America Projected to Attain $759.4 Mn by 2025 at 25.5% CAGR

02-10-2020 07:20 AM CET | Associations & Organizations

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Aeroponics

Aeroponics

Surge in popularity of organic food, scarcity of arable land for traditional agriculture, and shift towards disease-free environment in agriculture drive the growth of the aeroponics farming market in North America. However, the high cost of initial investment significantly restricts the market growth. Nonetheless, rise in urban population and rapid technological advancement to replace traditional farming techniques would provide lucrative opportunities to emerging market players in the near future.

The aeroponics farming market in North America generated $126.2 million in 2017 and is expected to garner $759.4 million by 2025, growing at a CAGR of 25.5% during the forecast period, 2018-2025.

Download Sample Report: https://www.alliedmarketresearch.com/request-sample/5198

Lighting segment to dominate the North American market through 2025

By product type, the lighting segment is expected to continue its dominance and generate almost one-quarter of the continental market revenue by 2025. Lighting devices facilitate the growth of plants by substituting sunlight, making them essential components of aerospace farming. They also provide relevant photosynthetic wavelengths to maximize crop yield and minimize power consumption, fueling their demand over other technologies for vertical farming. However, the climate control segment is poised to register the highest CAGR of 28.2% during the forecast period, on account of eliminating harsh impacts of the environment on plant growth by controlling myriad aspects of the climate, generating disease-free environment for farming, and reducing overall food wastage.

Mexico to register the fastest growth in the near future

Mexico is projected to grow at the highest CAGR of 31.3% from 2018 to 2025, owing to the rapid adoption of smart technologies in the country that have resulted in a thriving urban agricultural movement. The demand for a healthier and more sustainable lifestyle is also prevalent among the citizens of the country. However, the United States occupied more than four-fifths of the continental market shares in 2017 and is expected to continue its dominance through 2025, owing to the presence of various agro-giants in the country that have invested in various technological advancements to propel aeroponics farming forward.

For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/5198

Torchbearers of the industry

The key players analyzed in the report include Evergreen Farm Grow360, Bright Agrotech (Plenty), Freight Farms, and Aerofarms. They have adopted different strategies including collaborations, joint ventures, partnerships, expansions, mergers & acquisitions, and others to gain a strong position in the industry.

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.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 Aeroponics Farming Market in North America Projected to Attain $759.4 Mn by 2025 at 25.5% CAGR here

News-ID: 1924535 • Views: 313

More Releases from Allied Market Research

Electric Passenger Car Traction Motor Market Growth 2027 – Key drivers, Busine …
Traction motor produces resistance between two surfaces with or without using electricity. An electric passenger car traction motor is a vital component which is used for extracting electricity from the battery pack. Traction motor is installed in electric passenger vehicles to provide rotation torque for the movement of the car. Furthermore, stringent emission discharge norms and regulations drives the demand for electric passenger car. Moreover, quick expansion of EV charging
Electric Passenger Car Lithium-Ion Battery Management System Market Analysis of …
Electric passenger car has gained a considerable consumer popularity & acceptance in the past few years. Major improvements in the performance of an electric passenger car such as high acceleration rate and long driving range after a single charge have been boosting the demand for electric passenger vehicle. Further, a lithium-ion battery (LIB) is a type of rechargeable battery, which is popularly used in the field of electric passenger vehicles
Electric Bus Door System Market Trending Technologies, Developments, Key Players …
Buses have had a strong place in the transportation industry since the 1830s when the first steam bus was introduced in London. Since the year 1830, buses are considered as the most common mode of public transportation in almost every country across the world. Electric bus door system is an assembly of interconnected mechanisms which utilizes the power of electricity to automatically open the door. Furthermore, the electric bus
Commercial Vehicle & Off-Highway RADAR Market Trends, Segments, Emerging Technol …
Commercial & off-highway vehicles are large and utilized for multiple tasks such as transport of goods, mining, excavation, and others. Due to their large sizes and complicated applications, these vehicles are prone to accidents. Safety concerns increase with a high number of blind spots, thereby propelling the use of RADARs in these vehicles to alert the driver of various threats. In addition, safety & security has become a topmost priority

All 5 Releases


More Releases for Aeroponics

Aeroponics Farming Market to See Stunning Growth Worldwide | Leading Players – …
Aeroponics is an indoor gardening practice in which plants are grown and nourished by suspending their root structures in air. The process requires regular spraying of nutrients and water solution. Moreover, it offers an efficient means to grow plants, including fruits and vegetables, without the need to pot the plants to nutrient-rich soil. The plants are suspended in an enclosed setting and water, mixed with plant food, is sprayed onto
Aeroponics Farming Market 2020-28 growing plants without soil lead towards a fer …
Aeroponic systems nourish plants with nothing more than nutrient-laden mist. In aeroponics systems, seeds are planted in pieces of foam stuffed into tiny pots, which are exposed to light on one end and nutrient mist on the other. The foam also holds the stem and root mass in place as the plants grow. The major advantage of this method is the way in which plants can be grown in a
Aeroponics Market 2020: Key Vendors, Trends, Analysis, Segmentation, Forecast To …
Facto Market Insights published a title on “Global Sports Flooring Market – 2019-2025”, to its collection. The study on the global sports flooring market defines the analysis of all the segments, along with the market sizing, year-over-year growth analysis and structure of the industry. The research report also includes the analysis of geographical manufacturers & new market players, covering all the data & information suitable for the clients to make
Aeroponics Market to Create New Opportunities Challenging Leadership of Internat …
Aeroponics is the process of growing plants in a mist or air environment without the use of soil. The controlled environment of aeroponics can produce more yield as compared to traditional farming. Hence, raising the adoption of aeroponics that grows demand of the market. Limited land for conventional agriculture and increasing demand for organic foods are driving the growth of the aeroponics market. The rising adoption of aeroponics owing to its
Aeroponics Market Comprehensive Analysis and Future Estimations with Top Key Pla …
What is Aeroponics? Aeroponics is the process of growing plants in a mist or air environment without the use of soil. The controlled environment of aeroponics can produce more yield as compared to traditional farming. Hence, raising the adoption of aeroponics that grows demand of the market. Limited land for conventional agriculture and increasing demand for organic foods are driving the growth of the aeroponics market. Aeroponics Market study by “The
North America Aeroponics Farming Market size to grow $759.4 Mn by 2025 at 25.5% …
Surge in popularity of organic food, scarcity of arable land for traditional agriculture, and shift towards disease-free environment in agriculture drive the growth of the aeroponics farming market in North America. However, the high cost of initial investment significantly restricts the market growth. Nonetheless, rise in urban population and rapid technological advancement to replace traditional farming techniques would provide lucrative opportunities to emerging market players in the near future. According to