Vertical Farming Market: One of 2021’s Hot Trends | Global Players - AeroFarms, Gills N Claws Pte, Illumitex, MOFLO aeroponics, Sky Greens

Global vertical farming market is projected to register healthy CAGR of 23.5% in the forecast period of 2021 to 2027.

MarketDigits recently released a brand-new research study on the international Vertical Farming market for the prediction period, 2021-2027. This research report provides a detailed outlook of this market with detailed info regarding drivers, restraints, opportunities, trends, and challenges, and which are the vital aspects which could influence the market results from the targeted years.

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Scroll down 100s of data Tables, charts and graphs spread through Pages and in-depth Table of Content on “Vertical Farming Market, By Structure ( Building-based Vertical Farms, Container-based Vertical Farms), Component (Irrigation Component, Lighting, Sensor, Climate Control, Building Material, Glass Greenhouse, Plastic Greenhouse), Growth Mechanism ( Hydroponics, Aeroponics, Aquaponics) and Geography – Global Forecast To 2026”. Early buyers will get 10% customization on study.

To Avail deep insights of Vertical Farming Market Size, competition landscape is provided i.e. Revenue Analysis (M $US) by Company (2018-2020), Segment Revenue Market Share (%) by Players (2018-2020) and further a qualitative analysis is made towards market concentration rate, product/service differences, new entrants and the technological trends in future.

Unlock new opportunities in Vertical Farming Market; the latest release from MarketDigits highlights the key market trends significant to the growth prospects, Let us know if any specific players or list of players needs to consider to gain better insights.

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The vertical farming is performed in indoor conditions where vertically stacked trays are used to grow plants with the help of artificial lighting. This is being utilized for manufacturing various crop such as latus, cabbage and other leafy vegetables effectively. Vertical farming is considered to be the more sustainable and revolutionary method of agriculture than traditional agriculture and greenhouse farming. It requires very less water and saves considerable soil and space. This farming method is useful in challenging environments such as cities, mountainside towns and deserts.

Global vertical farming market is projected to register healthy CAGR of 23.5% in the forecast period of 2021 to 2027.

Segmentation: Global Vertical Farming Market

Global vertical farming market is segmented into six notable segments that are growth mechanism, structure, type, application, crop type and component.

• On the basis of growth mechanism, the market is segmented into aeroponics, hydroponics, and aquaponics
• On the basis of structure, the market is segmented into building-based and shipping container
• On the basis of type, the market is segmented into biopesticides, biostimulants and biofertilizers
• On the basis of application, the market is segmented into indoor and outdoor
• On the basis of crop type, the market is segmented into leafy green, pollinated plants and nutraceutical plants
• On the basis of component, the market is segmented into lighting, hydroponic components, climate control and sensors

Competitive Analysis

Some of the major players operating in global vertical farming market are AeroFarms, Gills N Claws Pte Ltd, Illumitex Inc., MOFLO aeroponics, Sky Greens, SPREAD Co., Ltd., Triton Foodworks, ZipGrow Inc., Urban Crop Solutions, AmHydro, EVERLIGHT ELECTRONICS CO., LTD., Agrinamics., CropOne, PLENTY UNLIMITED INC, OSRAM GmbH, Valoya, Signify Holding, HELIOSPECTRA AB, Altius Farms, CubicFarm Systems Inc., Agrilution, Green Sense Farms Holdings, Inc., Bowery Farming, Inc., Infarm, among others.

Product Launch

• In June 2019, Signify Holding launched Philips GreenPower LED top lighting compact for European market. This is a passively cooled LED top lighting comes in compact size and is a great replacement for HPS lighting. This light help to increase their productivity and decrease the energy cost. This product launch helps the company to increase their product offering and attract new customers.
• In May 2019, Fluence by OSRAM launched horticultural led lighting solutions to European and Middle East and Africa (EMEA) market. These full-spectrum LED lights will replace the traditional lighting and will help the growers to produce high-quality crops. This will help OSRAM to increase its customer base in European as well as Middle East and Africa (EMEA) market.
• In February 2019, Illumitex Inc. launched HarvestEdge XO Extra Output (XO) LED Horticultural Fixture. This product is an alternative for high-pressure sodium (HPS) lighting solutions. This development helps the company to cater more customers through wide range of products and generates more revenue.

Research Methodology: Global Vertical Farming Market

Primary Respondents: OEMs, Manufacturers, Engineers, Industrial Professionals.

Industry Participants: CEO’s, V.P.’s, Marketing/Product Managers, Market Intelligence Managers and, National Sales Managers.

An excellent Vertical Farming Market research report can be generated only with the leading attributes such as highest level of spirit, practical solutions, committed research and analysis, innovation, talent solutions, integrated approaches, most up-to-date technology & dedication. Hence, all the above aspects are firmly followed by MarketDigits team while building this Vertical Farming market report for a client. Furthermore, influencing factors such as market drivers, market restraints and competitive analysis is studied with the SWOT analysis which is the most established tool when it comes to generate Vertical Farming Market research report. With Vertical Farming Market report, build a strong organization and make better decisions that take business on the right track.

Major Points Covered In This Report:

Chapter 1. Report Overview

Chapter 2. Global Growth Trends

Chapter 3. Market Share by Key Players

Chapter 4. Breakdown Data by Type and Application

Chapter 5. Market by End Users/Application

Chapter 6. COVID-19 Outbreak: Vertical Farming Industry Impact

Chapter 7. Opportunity Analysis in Covid-19 Crisis

Chapter 9. Market Driving Force

And More…

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