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Vertical Farming Market Revenue, Demand, Share, Size | Global Industry Analysis and Research Report 2020
Vertical Farming Market Revenue, Demand, Share, Size | Global Industry Analysis and Research Report 2020
The study offers a comprehensive overview of the technologies, volume size, raw materials, and in-depth analysis of the market with a dedicated section for the profiling of key companies. The report also offers trends and patterns that are projected to influence the growth of the Vertical Farming market during the forecast period of 2020-2027.

Thestudy offers a comprehensive overview of the technologies, volume size, rawmaterials, and in-depth analysis of the market with a dedicated section for theprofiling of key companies. The report also offers trends and patterns that areprojected to influence the growth of the Vertical Farming market during theforecast period of 2020-2027.

Theglobal Vertical Farming Market will be worth USD 11.71 Billion by 2027,according to a current analysis by Emergen Research. The growth of this marketcan be attributed to the growing demand for organic food products amongconsumers. Growing environmental concerns such as the depletion of soil qualityand groundwater on applications of chemical-based solutions have increased thevertical farming system's adoption.

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Further key findings fromthe report suggest

·       The lightingsegment accounted for the largest market share of the vertical farming marketin 2019 as the lighting devices help in the faster growth of the plant. The LEDlighting technology is increasingly being used by the horticulture farmers dueto the enhanced efficiency and long lifespan of the technologically advancedLEDs.

·       The AsiaPacific region held the largest market share of the vertical farming market in2019 due to the growing demand for food owing to the rising global population.The scarcity of arable lands in the densely populated countries is also adriving factor for the region's growth.

·       Keyparticipants include Freight Farms, Signify, Osram, Aerofarms, BrightFarms,Everlight Electronics, HELIOSPECTRA AB, Illumitex, Inc., AGRICOOL, and SKYGREENS, among others.

 

Furthermore,the report offers insights into the segmentation of the Vertical Farmingindustry based on product types, applications, end-user, technology, and key regions.The study also assesses the market segment expected to show significant growthin the coming years.

·       Structure Outlook (Revenue, USD Billion; 2017-2027)

o   Building-based

o   Shipping-container

·       Growth mechanisms Outlook (Revenue, USD Billion;2017-2027)

o   Aeroponics

o   Hydroponics

o   Aquaponics

·       Offering Outlook (Revenue, USD Billion; 2017-2027)

o   Climate Control

o   Lighting

o   Hydroponic Components

o   Sensors

 

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About Us:

At Emergen Research, we believe in advancing with technology. We area growing market research and strategy consulting company with an exhaustiveknowledge base of cutting-edge and potentially market-disrupting technologiesthat are predicted to become more prevalent in the coming decade.

 

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