Vertical Farming Market worth $7.3 billion by 2025 - Exclusive Report by MarketsandMarkets™

https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=221795343       https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=221795343        Factors such as positive impacts of adopting vertical farming on the environment, potential market opportunities in APAC and theMiddle East, and cannabis cultivation through vertical farming are expected to create growth opportunities for the market. Hydroponics growth mechanism segment of the vertical farming market projected to grow at...
Comunicato Precedente

next
Comunicato Successivo

next
CHICAGO, (informazione.it - comunicati stampa - agricoltura)

https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=221795343      

Factors such as positive impacts of adopting vertical farming on the environment, potential market opportunities in APAC and the Middle East, and cannabis cultivation through vertical farming are expected to create growth opportunities for the market.

Hydroponics growth mechanism segment of the vertical farming market projected to grow at the highest CAGR during the forecast period.

The hydroponics growth mechanism is used widely by commercial growers. This mechanism is easier to set up, costs less than other mechanisms, and has a higher return on investments (ROI). Comparing the investment required to set up a hydroponics and aeroponics facility of the same size, aeroponic requires a high initial investment. In case of a power outage, in the hydroponic mechanism, the plants can survive for a long time since the growing medium continues to supply water and nutrients, unlike aeroponics, where the plants can die in just a few hours due to malfunctioning or failure of mist spraying nozzles.

Among structure, the building-based vertical farm segment projected to hold a larger share of the vertical farming market during the forecast period.

Building-based vertical farms generate better per square foot revenue than shipping container-based vertical farms, as building-based vertical farms incur lesser capital as well as operating expenses (for same area). The market for shipping container-based vertical farms is likely to register a higher CAGR as it is a ready-to-use (plug and play model) solution that can help to cater to the rising demand for fresh and high-quality produce. Shipping container-based vertical farms are flexible, easy to operate, and portable.

Browse in-depth TOC on "Vertical Farming Market"
107 – Tables
43 – Figures
156 – Pages         

Inquiry Before Buying:

https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=221795343

The vertical farming market in APAC is projected to hold the largest share in 2025.

Vertical Farming Market worth $7.3 billion by 2025 - Exclusive Report by MarketsandMarkets™

Companies from other regions are investing in APAC countries to establish vertical farms. For instance, in 2018, Plenty (US), a vertical farming company, announced its plan of building 300 vertical farms across China. Vertical farms in the region are also backed by advanced technologies such as LED technology that assists the crops cultivated with photosynthesis by providing the right intensity of light. Everlight Electronics (Taiwan) is a manufacturer of LEDs for vertical farming. Vertical farms have also entered into partnerships with agriculture technology providers to enhance the productivity of their farms. Asahi Techno (Japan) uses Illumitex's (US) LED solutions to enhance the growth process of the crops. Such investments and partnerships are expected to catalyze the growth of the vertical farming market in the region.

Signify (Netherlands), Osram (Germany), Freight Farms (US), AeroFarms (US), Sky Greens (Singapore), Spread Co., Ltd. (Japan), Plenty (US), Valoya (Finland), Everlight Electronics Co., Ltd. (Taiwan), and Heliospectra (Sweden) are a few major players in the vertical farming market.

Related Reports:

Precision Farming Market by Technology (Guidance, VRT, Remote Sensing), Application (Crop Scouting, Field Mapping, Variable Rate Application), Offering (Hardware—Sensors, GPS, Yield Monitors; Software; Services) and Geography - Global Forecast to 2025

Smart Agriculture Market by Agriculture Type (Precision Farming, Livestock, Aquaculture, Greenhouse), Hardware (GPS, Drones, Sensors, RFID, LED Grow Lights), Software, Services, Application, Farm Size, and Geography - Global Forecast to 2025

About MarketsandMarkets™ 

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets' flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]
Visit Our Web Site: https://www.marketsandmarkets.com
Research Insight : https://www.marketsandmarkets.com/ResearchInsight/vertical-farming-market.asp
Content Source : https://www.marketsandmarkets.com/PressReleases/vertical-farming.asp

Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg

Ufficio Stampa
 PR Newswire (Leggi tutti i comunicati)
209 - 215 Blackfriars Road
LONDON United Kingdom
Allegati
Slide ShowSlide Show
Non disponibili