Report Scope: The report provides an overview of the global market for vertical farming and analyzes market trends.Using 2020 as the base year, the report provides estimated market data for the forecast period 2021 through 2026.
Revenue forecasts for this period are segmented based on technique, component, structure, and region.
The report also focuses on the major driving trends and challenges that affect the market and the vendor landscape.The report explains the current trends in the vertical farming market.
The report concludes with detailed profiles of the major players in the global vertical farming market.
Report Includes: - 32 data tables and 29 additional tables - An overview of the global market for vertical farming technology - Analyses of the global market trends, with data from 2020, estimates for 2021, 2022 and 2024, along with projections of compound annual growth rates (CAGRs) through 2026 - Evaluation of current market size for vertical farming, market forecast, and corresponding market share analysis by technique, structure of farming, component, and geographic region - In-depth information (facts and figures) concerning drivers, restraints and other forces affecting the progress of this market - Information on upcoming market opportunities and areas of focus to forecast this market into various segments and sub-segments - Highlights of the COVID-19 impact on the vertical farming market - Insight into recent industry structure, current competitive scenario, R&D activities, and regulatory and legislative issues currently focused on vertical farming industry ecosystem - Identification of the major stakeholders and analysis of the competitive landscape based on recent developments and segmental revenues - Profile descriptions of the major industry players, including AeroFarms, AmHydro, Bowery Farming, Intelligent Growth Solutions (IGS Ltd.), Plenty Unlimited Inc., and Signify Holding
Summary: Vertical farming technology is a type of controlled environment farming.Vertical farming can be performed in practically any locale with a combination of hardware tools and software.
It is based on soil-free farming techniques which use about 80% less water than traditional farming and as well is pesticide-free. To be successful vertical farming requires a granular level of control and management of growing conditions, such as managing the customized lighting essential for photosynthesis for different crops, and managing and controlling ventilation, humidity, nutrient level, and water level.
COVID-19 has boosted the market for vertical farming in both developed and developing countries.The technology is being implemented inside old and unused buildings as well as in repurposed shipping containers to ensure fast delivery of healthy food to the market.
The increased adoption of IoT and other technologies ensures precision at every level of vertical farming, as these technologies help control all aspects of an operation and as well detect failure of equipment so timely action can be taken. Moreover, governments across the globe are aiming to achieve Agriculture 4.0 by advancing agricultural technology and food security. This has given momentum to the growth of the vertical farming market. The vertical farming market is expected to grow from $REDACTED in 2021 at a compound annual growth rate (CAGR) of REDACTED% to reach about $REDACTED in 2026.
Our reports have been used by over 10K customers, including:
The Seed Treatment market was valued at USD 5,615.6 million in 2020, and it is estimated to reach USD 9,577.0 million by 2026, registering a CAGR of 9.1%, during the forecast period (2021-2026). Agricultural sectors have been partially affected due to the COVID-19 pandemic in the initial days of outbreak, but agricultural chemicals...
Seeds are embryonic plants covered in a protective coating that function as the unit of reproduction for the parent plant. They provide food for a number of animal species, and form a basic part of the agricultural process. Over the past several decades, the significance of seeds in the agriculture industry has increased...
278 pages •
By Global Industry Analysts
• Apr 2021
Abstract: - Global Bacteriocide in Agriculture Market to Reach $14.2 Billion by 2027 - Amid the COVID-19 crisis, the global market for Bacteriocide in Agriculture estimated at US$10.5 Billion in the year 2020, is projected to reach a revised size of US$14.2 Billion by 2027, growing at a CAGR of 4.5% over the analysis...
The influence on technology across global farming operations is a key element that will design the future of the agricultural industry. The industry attracts various digital technology solutions and robotic technology upgrades on agricultural equipment and for monitoring farming operations. Precision agriculture encompasses several...
The Global Agrochemicals Market is projected to register a CAGR of 4% during the forecast period(2020-2025). The rising population across the world, accompanied by rising affluence, is seeing a shift in consumption patterns. There is a need to not just increase production to meet demand but also to ensure that the nutritional needs of an increasingly...
The Global Soil Treatment Market valued at USD 36.5 billion in 2018 and is estimated to grow at a CAGR of 6.2% during the forecast period 2020-2025. Soil treatment can be used to treat the contaminated soil and convert it into usable agricultural soil. It helps to enhance the performance of the soil and soil fertility as well. This treatment...
The Global Biological Control Market is projected to grow at a CAGR of 14.7% during the forecast period (2020 - 2025). Increasing area under organic cultivation, less stringent regulations, increasing need for food security are the few major market drivers that is boosting the sale of biologicals. However, the less self life of the product...
241 pages •
By Future Market Insight Global & Consulting Pvt Ltd
• Feb 2020
A recent market study published on the animal artificial insemination market offers global industry analysis for 2014-2018 & opportunity assessment for 2019-2029. The report consists of a comprehensive assessment of the most important market dynamics. On conducting thorough research on the historical as well as current growth parameters of...
Report Scope: The analyst defines precision farming (also known as precision agriculture or satellite farming) as a farming management concept that utilizes software and hardware for observing, measuring and responding to intra-field variability in crops, resulting in better crop management and more effective output. Precision...
Building Management System
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.