Vertical Farming Market

1
MarketsandMarkets Research Private Ltd.
Presents
Vertical Farming Market by Growth Mechanism,
Structure and Geography - Global Forecast to
2022
https//www.marketsandmarkets.com/Market-Reports/v
ertical-farming-market-221795343.html
2
According to the new market research report
"Vertical Farming Market by Growth Mechanism
(Hydroponics, Aeroponics, and Aquaponics),
Structure (Building Based and Shipping
Container), Offering (Hardware, Software, and
Service), Crop Type, and Geography - Global
Forecast to 2022", the vertical farming market is
estimated to be valued at USD 5.8 billion by
2022, growing at a CAGR of 24.8 between 2016 and
2022. The factors driving the growth of the
vertical farming market include high quality food
with no use of pesticides, less dependency on the
weather for production, growing urban population,
increase in the year around production of the
crops, and reduced impact on the
environment. Browse gtgt 80
Market data tables 76
figures 173 pages and
in-depth TOC on Vertical Farming Market
https//www.marketsandmarkets.com/Market-Repor
ts/vertical-farming-market-221795343.html Early
buyers will receive 10 customization on this
report. https//www.marketsandmarkets.com/PressR
eleases/vertical-farming.asp
3
Hydroponics growth mechanism is expected to
dominate the vertical farming market between 2016
and 2022 Hydroponics is a technology of growing
plants in a soilless medium or an aquatic-based
environment, and is the most widely used growth
mechanism in vertical farms. Exposure to risks,
such as climatic changes, soil contamination,
limited space in urban areas, and most
importantly, low availability of water, have
resulted in shortage in food production. The need
to overcome these shortcoming in food production
will drive the market for vertical farming in the
coming years. Building based vertical farming
market to grow at the highest rate during the
forecast period Vertical farming in abandoned
building is a growing trend. For example, The
Plant vertical farm in Chicago   is providing an
alternate use of abandoned buildings.  New
building constructions are also being used in
vertical farms, such as the new multi-storey
vertical farm being attached to an existing
parking lot. Such projects are going to increase
in number and drive the vertical farming market
in the future.
https//www.marketsandmarkets.com/Market-Reports/v
ertical-farming-market-221795343.html
4
Climate control devices will be the fastest
growing hardware segment of vertical farming
market Climate control in indoor farms play a
crucial role in increasing yield. To ensure a
protected growth environment, several factors,
which influence the climate need to be controlled
at the advanced level. Totally enclosed growing
facilities control all aspects of the indoor
climate with heaters, chillers, air-conditioning
units, humidifiers, dehumidifiers, air movement
fans, full-spectrum artificial lighting, CO2
enrichment, computer-integrated controllers, and
sensors that continually monitor and adjust the
environment automatically. These demands will
drive the need for climate control devices and
boost the vertical farming market in the forecast
period. Asia-Pacific (APAC) is estimated to hold
the largest share of the vertical farming market
by 2022 The vertical farming market in
Asia-Pacific (APAC) is expected to have the
largest share by 2022 owing to the increase in
population and limited fertile agriculture land.
There are numerous farms in Japan, Singapore,
Taiwan, and other such technologically-advanced
countries which is driving the market in the
region. Japan is one of the key countries in
which over 150 plant factories are equipped with
artificial lights in operational form. Major
players involved in the development of the
vertical farming market are Aerofarms (US), Urban
Crop (Belgium), Koninklijke Philips N.V.
(Signify) (The Netherlands), Illumitex, Inc.
(US), and Sky Greens (Singapore) among others.
https//www.marketsandmarkets.com/PressReleases/v
ertical-farming.asp
5
About MarketsandMarkets
Research Private Ltd.
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. MarketsandMarketss flagship
competitive intelligence and market research
platform, "Knowledgestore" 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.
https//www.marketsandmarkets.com/Market-Reports/v
ertical-farming-market-221795343.html
6
Contact Us
Mr. Shelly Singh 630 Dundee Road Suite 430
Northbrook, IL 60062 Tel [phone]Email 
newsletter_at_marketsandmarkets.com MarketsandMarket
s Bloghttp//twitter.com/marketsmarkets
http//www.linkedin.com/company/marketsandmarkets