Press release
Vertical Farming Market Outlook To 2026 | American Hydroponics, General Hydroponics, Plantagon International, Urban Crop Solutions, Mirai, Illumitex, Inc., Everlight Electronics
Vertical Farming Market
Vertical farming essentially involves plants being grown in vertical layers, stacked one after the other in warehouses, barren lands, deserts, high-rise buildings, and shipping containers. Given that it reduces the necessity of pesticides, sprays, and herbicides in cropping systems and helps farmers deliver their produce on time, vertical farming market is expected to massively proliferate the farming domain in the ensuing years.
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Prominent players operating in this market often engage in collaborations to enhance crop yield and provide a positive impetus to vertical farming market. For instance, Philips Lighting, one of the global lighting technology leaders, announced last year that it has completed the installation of Philips GreenPower LED Production Modules at Ecobain Gardens, the largest commercial vertical farm operation in Canada. Through this venture of upgrading the previously used lighting in the facility from fluorescent to LED, Philips Lighting aims to help the vertical farming industry major enhance production on a commercial scale, improve growing cycles, and help to grow healthier plants. The move had been touted to save close to CAD 30,000 in energy costs per year.
The most widely discussed upsides of vertical farming has been the technique of helping plant grow without soil. Outdoor vertical farming, for instance, provides year-round production of high value crops with the aid of hydroponic technique that enables plants to receive an optimum supply of nutrients and oxygen. As things pan out, outdoor vertical farming market is anticipated to exhibit notable development in the years to come.
Vertical farming can be built at anytime and anywhere. Technologies such as aeroponics will be redefining vertical farming market outlook in the ensuing period. Aeroponics is second to none when it comes to offering superior quality products using right amount of water and soil. Defying the seasons, aeroponics will help grow range of produce all year around. Considered as the most sustainable farming technology, aeroponics is worth keeping an eye on.
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Glimpse of Table of Content (ToC): -
Chapter 5. Vertical Farming Market, By Technology
5.1. Global vertical farming market technology insights
5.2. Hydroponics
5.2.1. Market estimates and forecast, 2016 - 2026
5.2.2. Market estimates and forecast, by region, 2016 - 2026
5.3. Aeroponics
5.3.1. Market estimates and forecast, 2016 - 2026
5.3.2. Market estimates and forecast, by region, 2016 - 2026
5.4. Aquaponics
5.4.1. Market estimates and forecast, 2016 - 2026
5.4.2. Market estimates and forecast, by region, 2016 - 2026
Chapter 6. Vertical Farming Market, By Application
6.1. Global vertical farming market application insights
6.2. Indoor
6.2.1. Market estimates and forecast, 2016 - 2026
6.2.2. Market estimates and forecast, by region, 2016 - 2026
6.3. Outdoor
6.3.1. Market estimates and forecast, 2016 - 2026
6.3.2. Market estimates and forecast, by region, 2016 - 2026
Charts & Figures
FIG. 1 Industry segmentation
FIG. 2 Industry Size and forecast, (USD Million) 2016 - 2026
FIG. 3 Industry ecosystem analysis
FIG. 4 Projected world population till 2100 (in billion)
FIG. 5 Growth potential analysis
FIG. 6 Porter's analysis
FIG. 7 PESTEL analysis
FIG. 8 Cost structure analysis
FIG. 9 Market share by product, 2018 & 2026
FIG. 10 Market share by technology, 2018 & 2026
FIG. 11 Market share by application, 2018 & 2026
FIG. 12 Market share by region, 2018 & 2026
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