Global Vertical Farming Market was valued at USD 2.81 billion in 2021 and is expected to reach USD 7.03 billion by the year 2028, at a CAGR of 14%.
Vertical Farming Market report covers a detailed analysis of current and upcoming market trends, company market shares, market projections, competitive benchmarking, competition mapping, and in-depth research of the most significant sustainability strategies and their impact on industry growth and competition. The research was conducted using a combination of primary and secondary data, as well as input from leading industry players.
IMR offers a comprehensive overview of the market through the analysis of key parameters such as revenue, price, competition, and promotions, as well as the study, synthesis, and summarization of data from different sources. It analyzes the leading industry drivers and shows numerous market components. The information offered is thorough, dependable, and the result of a comprehensive primary and secondary study. IMR market research reports offer a comprehensive global market as well as an in-depth strategic sourcing methodology and analysis based on qualitative and quantitative research to anticipate market growth.
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The Major Players In The Vertical Farming Market Include:
- FarmVisionAI (US)
- AmHydro (US)
- Mirai Co. Ltd (Japan)
- Osram Licht AG (Germany)
- Freight Farms (US)
- AeroFarms LLC (US)
- Bright Farms (US)
- Sky Greens (Singapore)
- Spread Co. Ltd.; (Japan)
- Plenty Unlimited Inc. (the US)
- Future Crops (Netherlands)
- Vertical Farm Systems (Australia)
- Valoya (Finland)
Market Has Segmented The Global Vertical Farming Market On The Basis Of Type, Application, And Region:
The Vertical Farming market is segmented by type and application. Growth between segments over the period 2022-2028 provides accurate calculations and forecasts of revenue by type and application in terms of volume and value. This analysis can help you expand your business by targeting eligible niches.
By Type:
- Lighting
- Hydroponic Components
- Climate Control
- Sensors
- Software Services
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By Structure
- Shipping Container
- Building-based
By Regional Outlook
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)
- Middle East Africa (GCC Countries, South Africa, Rest of MEA)
- South America (Brazil, Argentina, Rest of South America)
COVID-19 Impact on the Vertical Farming Market:
All types of farming systems were influenced, more or less severely, by the various measures implemented by governments, such as reduced mobility, closure of public and private venues, and border restrictions, ranging from corporate agricultural production systems to small and medium scale entrepreneurs and smallholder subsistence farm households. To deal with the COVID-19 pandemic, all types of farming systems implemented a series of mechanisms, including the development of alternative value chains, food and agricultural product delivery systems, and the exponential use of digital means to communicate and maintain the viability of the various agricultural systems.
Report includes Competitor's Landscape:
- Major trends and growth projections by region and country
- Key winning strategies followed by the competitors
- Who are the key competitors in this industry?
- What shall be the potential of this industry over the forecast tenure?
- What are the factors propelling the demand for the Action Figures And Statues?
- What are the opportunities that shall aid in significant proliferation of the market growth?
- What are the regional and country wise regulations that shall either hamper or boost the demand for Action Figures And Statues?
- How has the covid-19 impacted the growth of the market?
- Has the supply chain disruption caused changes in the entire value chain?
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