Press release
United States Plant Factory Market to Grow Due to Advancing Technology until 2026
Surging demand for advanced agriculture methods is driving the growth of United States Plant Factory Market, in the forecast period, 2022-2026.According to TechSci report on, “United States Plant Factory Market By Facility Type (Greenhouses, Indoor Farms, Others), By Light (Sunlight v/s Artificial Light), By Growing System (Non-Soil-Based, Soil-Based, Hybrid), By Crop Type (Fruits & Vegetables, Ornamental Plants & Flowers, Others) By Region, Competition Forecast & Opportunities, 2026”, United States plant factory market has shown promising growth in historical years until 2019 and is expected to continue its growth in upcoming forecast years 2021 to 2026. United States plant factory market owes its growth to the factors like rapidly increasing demand for the higher yielding crops. Increasing demand for indoor farming and artificial plant culture is also driving the future growth of the United States plant factory market in the upcoming five years. Demand for efficient and effective methods of agricultural practices along with decreasing the farmer’s demand for the excessive resources is substantiating the growth of the United States plant factory market in the next five years.
Closed agriculture crop and fruits & vegetable growing system that enables the grower to grow crops round the year is defined as plant factory. These infrastructures utilize the resources like artificial lights, temperature, moisture, and carbon dioxide concentrations. Technological advancements like modeling 3D vegetation are feasible due to plant factories. The plant factory enables systematic, stable production of safe, high quality, crops without being affected by seasonal changes and weather conditions. The environmental conditions are exceptionally controlled for the higher yielding plant growth in accurate and artificial ways.
Browse over XX market data Figures spread through 70 Pages and an in-depth TOC on "United States Plant factory Market"
https://www.techsciresearch.com/report/united-states-plant-factory-market/7824.html
The United States plant factory market is segmented by facility type, light, growing system, crop type, competitional landscape, and regional distribution. Based on light, the market is further divided between sunlight and artificial lights. The purpose of indoor plant factories is to increase the yield of the plants and crops by providing artificial resources. Although plant factories that have partially open sunlight sources are making significant growth in the future five years. Other methods include using solar panels to collect, store, and utilize the sunlight to artificially provide the light for 24 hours-time period. Artificial lights are also expected to show robust growth in the next five years on the account of rapidly increasing number of indoor farms in the country. Although these facilities are quite expensive for the initial settlement and requires extended maintenance.
Based on facility type, the market is further bifurcated into green houses, indoor farms, and others. Green houses are anticipated to dominate the market segment and generate maximum revenue shares of the market in the upcoming five years on the account of rapidly increasing number of the green houses in the States. Agricultural practices that involve the artificial lighting, moisture control, and temperature monitor are available and their surging demand is further supporting the growth of the United States plant factory market in the next five years. Moreover, the advancing practices of the indoor crops and growing popularity of the greenhouse farms is further substantiating the growth of the global plant factory market in the future five years.
The United States plant factory market’s major market player list includes Aero Farms, LLC, Brigth Farms Inc., Gotham Greens Farms LLC, Bowery Farming Inc., App Harvest, Inc., Plenty Unlimited Inc., Iron Ox, Inc., Vertical Harvest Farms, Dream Harvest Farming LLC, among others. These market players hold larger shares of the market than the new market players. With the evolving technology, it is appropriate to say that the effective research and development of the technologically advanced instruments and methods to satisfy consumer demands would support the market growth and benefit the market players as well as the consumers. New market players may focus on the research and development to provide such products and services that satisfies the consumer demand as well as benefits the market players in building their brand value. Other competitive strategies include mergers & acquisitions and new product developments.
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“The market is showing robust growth on the account of rapidly increasing plant factories and their popularity among the urban population. Moreover, to combat the environmental changes and climatic changes that are affecting the crop yields plant factory methods are actively utilized and thus aiding the growth of the United States plant factory market. New market players must focus on the technological development of the methods and advanced equipment development. Development of the digital services that monitors the parameters of the plant growth would help in the future brand establishment,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“United States Plant Factory Market By Facility Type (Greenhouses, Indoor Farms, Others), By Light (Sunlight v/s Artificial Light), By Growing System (Non-Soil-Based, Soil-Based, Hybrid), By Crop Type (Fruits & Vegetables, Ornamental Plants & Flowers, Others) By Region, Competition Forecast & Opportunities, 2026” has evaluated the future growth potential of United States plant factory market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in United States plant factory market.
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TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.
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