Vertical Farming Market Report: Trends, Forecast and Competitive Analysis

Publisher: Lucintel
Publication Date: May, 2020
Technology & Telecommunication / IT Consulting and Services
Pages: 150+
Delivery Format: PDF

Trends, opportunities and forecast in vertical farming market to 2024 by component (irrigation component, lighting, sensor, climate control, building material, and others), structure (building-based vertical farms and shipping container vertical farms), growth mechanism (aeroponics, hydroponicd, and aquaponics), crop type (lettuce, peppers, broccoli, spinach, cucumbers, tomatoes, strawberries, pomegranates, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).

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The future of the vertical farming market looks promising with opportunities in the building based and shipping container vertical farming markets. The global vertical farming market is expected to g

row with a CAGR of 25% from 2019 to 2024. The major drivers for this market are rising demand for high quality food, limited use of pesticides or herbicides, and increasing demand for independent farming techniques with very less/no impact of climatic conditions.

A more than 150 pages report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of vertical farming market report download the report brochure.

Market Share Analysis of Major Manufacturers

The study includes the vertical farming market size and forecast for the global vertical farming market through 2024, segmented by component, structure, growth mechanism, crop type, and region as follows:

By Component [$M shipment analysis for 2013 – 2024]:

Irrigation Component
Lighting
Sensor
Climate Control
Building Material
Others

By Structure [$M shipment analysis for 2013 – 2024]:

Building-Based Vertical Farms
Shipping Container Vertical Farms

By Growth Mechanism [$M shipment analysis for 2013 – 2024]:

Aeroponics
Hydroponics
Aquaponics

By Crop Type [$M shipment analysis for 2013 – 2024]:

Lettuce
Peppers
Broccoli
Spinach
Cucumbers
Tomatoes
Strawberries
Pomegranates
Others

By Region [$M shipment analysis for 2013 – 2024]:

North America
- United States
- Canada
- Mexico
Europe
- Germany
- UK
- Italy
Asia Pacific
- China
- Japan
- India
Rest of the World

Some of the vertical farming companies profiled in this report include Koninklijke Philips, Aerofarms, Sky Greens, Illumitex, Everlight Electronics, Green Sense Farms, LLC, Agrilution, American Hydroponics, Urban Crops, and Vertical Farm Systems

Some of the features of this report:

Market size estimates: Vertical farming marketsize estimation in terms of value ($M) shipment.
Trend and forecast analysis: Market trend (2013-2018) and forecast (2019-2024) by growth mechanism and crop type.
Segmentation analysis: Market size by various segments such as by component, structure, growth mechanism, crop type, and region.
Regional analysis: Vertical farming marketbreakdown by North America, Europe, Asia Pacific, and the Rest of the World.
Growth opportunities: Analysis on growth opportunities in different applications and regions for vertical farming in the global vertical farming market.
Strategic analysis: This includes M&A, new product development, and competitive landscape for, vertical farming in the vertical farming market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

This report answers following 11 key questions:
Q.1 What are some of the most promising potential, high-growth opportunities for the global vertical farming market by component (irrigation component, lighting, sensor, climate control, building material, and others), structure (building-based vertical farms and shipping container vertical farms), growth mechanism (aeroponics, hydroponics, and aquaponics), crop type (lettuce, peppers, broccoli, spinach, cucumbers, tomatoes, strawberries, pomegranates, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World?
Q.2 which segments will grow at a faster pace and why?
Q.3 which regions will grow at a faster pace and why?
Q.4 what are the key factors affecting market dynamics? What are the drivers and challenges of the vertical farming market?
Q.5 what are the business risks and threats to the vertical farming market?
Q.6 what are emerging trends in this vertical farming market and the reasons behind them?
Q.7 what are some changing demands of customers in the vertical farming market?
Q.8 what are the new developments in the vertical farming market? Which companies are leading these developments?
Q.9 who are the major players in this vertical farming market? What strategic initiatives are being implemented by key players for business growth?
Q.10 what are some of the competitive products and processes in this vertical farming area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11 What M & A activities have taken place in the last 5 years in this, vertical farming market?

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Vertical Farming Market Report: Trends, Forecast and Competitive Analysis

The future of the vertical farming market looks promising with opportunities in the building based and shipping container vertical farming markets. The global vertical farming market is expected to g

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