Global Aeroponics Market: Emerging Trends, Major Key Players Aerofarms and Aeroponics (Aero Development Corp)

According to the report, The Global Aeroponics Market was valued at $ 1,097.2 Million in 2019 and is anticipated to grow at a CAGR of 22.9% from 2020 to 2027. In the modern concept of aeroponics farming, where all environmental conditions may be adjusted, indoor farming techniques and controlled environment agriculture technology are applied. In these facilities, artificial light control, environmental management, and fertigation are all utilized. A controlled atmosphere can help plants at various phases of development, growth, and health. Aeroponic farming drastically minimizes the occupational dangers that come with traditional farming. Aeroponics farming's competitive advantage over traditional farming drives the market growth.

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The latest research report published by Evolve Business Intelligence examines the impacts of numerous market aspects on the global AEROPONICS industry including a look at the current market size and forecasts for key segments and regions, the driving forces behind the market, the probable effects from key trends, how all these will affect the business plan, SWOT analysis of critical sectors for each of the key competitors, customers and more! Providing valuable data about conglomerations that are most likely going to have an impact on this industry is essential to any company who plans to properly invest for next 5 years. These findings supplement our initial quantitative study in order to facilitate any new investments or planning traits against threats in existing sectors through a strategic business plan.

Impact of COVID-19

The on-going COVID-19 pandemic has had a significant impact on the industry. Several financial impacts and disruptions have been felt over a long period of time. Our research has interviewed numerous delegates from this industry, across geographical markets to collect information that is helpful for addressing potential challenges the COVID-19 pandemic may cause going forward.
In terms of COVID 19 impact, the Aeroponics market report also includes the following data points:
• Impact of COVID-19
• Government Aids and Policies for Industry Revival
• Companies Recent Developments to Tackle Negative Impact
• Opportunity Window & Post COVID Trend

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Key Players
Some of the major Aeroponics players holding highest market share include Aut Aerofarms, Aeroponics (Aero Development Corp, Brightfarms inc and Evergreen farm. These players use expansion as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
• Aerofarms
• Aeroponics (Aero Development Corp)
• Brightfarms inc
• Evergreen farm
• Lettus grow
• Combagroup
• Altius farms
• Ponics technologies
• Living greens farm
• Freight farms

Segmental Analysis

Market Segment By Application with focus on market share, consumption trend, and growth rate of AEROPONICS Market:
o Indoor Farming
o Outdoor Farming

Market Segment By Component with focus on market share, consumption trend, and growth rate of AEROPONICS Market:
o Irrigation Component
o Lighting
o Sensor
o Climate Control
o Building Material
o Others

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Global Aeroponics Geographic Coverage:
• North America
o US
o Canada

• Europe
o UK
o Germany
o France
o Italy
o Spain
o Rest of Europe

• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Rest of Asia Pacific

• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America

• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA

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