Korea Business News

Vertical Farming Market Size, Share, Growth, Company Analysis and Forecast 2019-2026

Press release   •   Jan 09, 2020 02:49 KST

The global ​vertical farming market size accounted for $2.30 billion in 2018, and is expected to garner $12.87 billion by 2026, registering a CAGR of 24.4% from 2019 to 2026.

Maximum utilization of vertical space & balanced energy utilization, ease provided for crop monitoring and harvesting, and limited availability of arable land for traditional agriculture fuel the growth of the global vertical farming market. However, high initial investments and development phase of technologies restrain the market growth. On the other hand, surge in urban population and rise in popularity of organic foods create new opportunities in the industry.

The report analyzes and forecasts the vertical farming market at global and regional levels. The market has been forecast based on volume (Tons) and value (US$ Mn) from 2019 to 2026. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

Get Free Sample Copy of Report@ https://www.visionresearchreports.com/report/sample/29021

The report comprises a detailed value chain analysis, which provides a comprehensive view of the global vertical farming market. The Porter’s Five Forces model has also been included to help understand the competitive landscape of the market. The study encompasses market attractiveness analysis, wherein various applications have been benchmarked based on their market size, growth rate, and general attractiveness.

The study provides a decisive view of the vertical farming market by segmenting it in terms of form and application. The segment has been analyzed based on the present and future trends. Regional segmentation includes the current and projected demand in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

The report provides size (in terms of volume and value) of vertical farming market for the base year 2018 and the forecast between 2019 and 2026. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

Competitive Analysis

The key players profiled in the report include 4D Bios Inc., AeroFarms, Agrilution, AMHYDRO (American Hydroponics), Everlight Electronics Co., Ltd, Hort Americas, Illumitex Inc., Koninklijke Philips N.V., Urban Crop Solutions, and Sky Greens. These key players have adopted strategies, such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations to enhance their position in vertical farming market.

Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Vertical farming market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.

Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Vertical farming market. These factors have benefited the growth of the global market for Vertical farming. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.

New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Vertical farming. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).

Get Discount Here@ https://www.visionresearchreports.com/report/discount/29021

In this study, the years considered to estimate the market size of Vertical farming are as follows:

History Year: 2015-2018

Base Year: 2018

Estimated Year: 2019

Forecast Year 2019 to 2026

Market Segmentation:

By Structure
Building-based Vertical Farms
Container-based Vertical Farms

By Component
Irrigation Component
Lighting
Sensor
Climate Control
Building Material
Glass Greenhouse
Plastic Greenhouse
Others

By Growth Mechanism
Hydroponics
Aeroponics
Aquaponics

By Region
North America
Europe
Asia-Pacific
LAMEA

Research Methodology:

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.

Primary research represents a bulk of research efforts, supplemented by extensive secondary research. Annual reports, press releases, and relevant documents of key players operating in various application areas have been reviewed for competition analysis and market understanding.

Secondary research also includes recent trends, technical writing, Internet sources, and statistical data from government websites, trade associations, and agencies. These have proved to be reliable, effective, and successful approaches for obtaining precise market data, capturing market participants’ insights, and recognizing business opportunities.

The study objectives of this report are:

  • To analyze and study the global vertical farming capacity, production, value, consumption, status (2014-2018) and forecast (2019-2026);
  • Focuses on the key vertical farming manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market

Buy This Premium Research Report@ https://www.visionresearchreports.com/report/cart/29021

Table of Content

Section 1: Introduction

1.1. Report description
1.2. Key benefits for stakeholders
1.3. Key market segments
1.4. Research methodology

1.4.1. Primary research
1.4.2. Secondary research
1.4.3. Analyst tools and models

Section 2: Executive summary

2.1. CXO perspective

Section 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings

3.2.1. Top impacting factors
3.2.2. Top investment pockets

3.3. Porter’s five forces analysis
3.4. Market dynamics

3.4.1. Drivers

3.4.1.1. Optimum use of vertical space and balanced energy utilization
3.4.1.2. Ease of crop monitoring and harvesting
3.4.1.3. Increase in popularity of organic foods
3.4.1.4. Limited arable land for traditional agriculture

3.4.2. Restraints

3.4.2.1. High initial investments
3.4.2.2. Developmental phase of technologies used

3.4.3. Opportunity

3.4.3.1. Increase in urban population

Section 4: Vertical Farming MARKet, BY structure

4.1. Overview
4.2. Building-based vertical farms

4.2.1. Key market trends, growth factors, and opportunities
4.2.2. Market size and forecast, by region
4.2.3. Market analysis, by country

4.3. Shipping-container-based vertical farms

4.3.1. Key market trends, growth factors, and opportunities
4.3.2. Market size and forecast, by region
4.3.3. Market analysis, by country

Section 5: Vertical Farming MARKet, BY Growth mechnism

5.1. Overview
5.2. Hydroponics

5.2.1. Key market trends, growth factors, and opportunities
5.2.2. Market size and forecast, by region
5.2.3. Market analysis, by country

5.3. Aeroponics

5.3.1. Key market trends, growth factors, and opportunities
5.3.2. Market size and forecast, by region
5.3.3. Market analysis, by country

5.4. Aquaponics

5.4.1. Key market trends, growth factors, and opportunities
5.4.2. Market size and forecast, by region
5.4.3. Market analysis, by country

Section 6: VERTICAL FARMING MARKET, BY COMPONENT

6.1. OVERVIEW
6.2. Irrigation components

6.2.1. Key market trends, growth factors, and opportunities
6.2.2. Market size and forecast, by region
6.2.3. Market analysis, by country

6.3. Lighting

6.3.1. Key market trends, growth factors, and opportunities
6.3.2. Market size and forecast, by region
6.3.3. Market analysis, by country

6.4. Sensor

6.4.1. Key market trends, growth factors, and opportunities
6.4.2. Market size and forecast, by region
6.4.3. Market analysis, by country

6.5. Climate control

6.5.1. Key market trends, growth factors, and opportunities
6.5.2. Market size and forecast, by region
6.5.3. Market analysis, by country

6.6. Building materials

6.6.1. Key market trends, growth factors, and opportunities
6.6.2. Market size and forecast, by region

6.6.2.1. Glass greenhouse
6.6.2.2. Plastic greenhouse

6.6.3. Market analysis, by country

6.7. Others

6.7.1. Key market trends, growth factors, and opportunities
6.7.2. Market size and forecast, by region
6.7.3. Market analysis, by country

Section 7: Vertical Farming MARKet, BY Region

7.1. Overview
7.2. North America

7.2.1. Key market trends, growth factors, and opportunities
7.2.2. Market size and forecast, by structure
7.2.3. Market size and forecast, by growth mechanism
7.2.4. Market size and forecast, by component
7.2.5. Market analysis, by country

7.2.5.1. U.S.

7.2.5.1.1. Market size and forecast, by type
7.2.5.1.2. Market size and forecast, by growth mechanism
7.2.5.1.3. Market size and forecast, by component

7.2.5.2. CANADA

7.2.5.2.1. Market size and forecast, by type
7.2.5.2.2. Market size and forecast, by growth mechanism
7.2.5.2.3. Market size and forecast, by component

7.2.5.3. MEXICO

7.2.5.3.1. Market size and forecast, by type
7.2.5.3.2. Market size and forecast, by growth mechanism
7.2.5.3.3. Market size and forecast, by component

7.3. Europe

7.3.1. Key market trends, growth factors, and opportunities
7.3.2. Market size and forecast, by structure
7.3.3. Market size and forecast, by growth mechanism
7.3.4. Market size and forecast, by component
7.3.5. Market analysis, by country

7.3.5.1. UK

7.3.5.1.1. Market size and forecast, by type
7.3.5.1.2. Market size and forecast, by growth mechanism
7.3.5.1.3. Market size and forecast, by component

7.3.5.2. GERMANY

7.3.5.2.1. Market size and forecast, by type
7.3.5.2.2. Market size and forecast, by growth mechanism
7.3.5.2.3. Market size and forecast, by component

7.3.5.3. FRANCE

7.3.5.3.1. Market size and forecast, by type
7.3.5.3.2. Market size and forecast, by growth mechanism
7.3.5.3.3. Market size and forecast, by component

7.3.5.4. NETHERLANDS

7.3.5.4.1. Market size and forecast, by type
7.3.5.4.2. Market size and forecast, by growth mechanism
7.3.5.4.3. Market size and forecast, by component

7.3.5.5. REST OF EUROPE

7.3.5.5.1. Market size and forecast, by type
7.3.5.5.2. Market size and forecast, by growth mechanism
7.3.5.5.3. Market size and forecast, by component

7.4. Asia-Pacific

7.4.1. Key market trends, growth factors, and opportunities
7.4.2. Market size and forecast, by structure
7.4.3. Market size and forecast, by growth mechanism
7.4.4. Market size and forecast, by component
7.4.5. Market analysis, by country

7.4.5.1. CHINA

7.4.5.1.1. Market size and forecast, by type
7.4.5.1.2. Market size and forecast, by growth mechanism
7.4.5.1.3. Market size and forecast, by component

7.4.5.2. INDIA

7.4.5.2.1. Market size and forecast, by type
7.4.5.2.2. Market size and forecast, by growth mechanism
7.4.5.2.3. Market size and forecast, by component

7.4.5.3. JAPAN

7.4.5.3.1. Market size and forecast, by type
7.4.5.3.2. Market size and forecast, by growth mechanism
7.4.5.3.3. Market size and forecast, by component

7.4.5.4. AUSTRALIA

7.4.5.4.1. Market size and forecast, by type
7.4.5.4.2. Market size and forecast, by growth mechanism
7.4.5.4.3. Market size and forecast, by component

7.4.5.5. SINGAPORE

7.4.5.5.1. Market size and forecast, by type
7.4.5.5.2. Market size and forecast, by growth mechanism
7.4.5.5.3. Market size and forecast, by component

7.4.5.6. REST OF ASIA-PACIFIC

7.4.5.6.1. Market size and forecast, by type
7.4.5.6.2. Market size and forecast, by growth mechanism
7.4.5.6.3. Market size and forecast, by component

7.5. LAMEA

7.5.1. Key market trends, growth factors, and opportunities
7.5.2. Market size and forecast, by structure
7.5.3. Market size and forecast, by growth mechanism
7.5.4. Market size and forecast, by component
7.5.5. Market analysis, by country

7.5.5.1. BRAZIL

7.5.5.1.1. Market size and forecast, by type
7.5.5.1.2. Market size and forecast, by growth mechanism
7.5.5.1.3. Market size and forecast, by component

7.5.5.2. SAUDI ARABIA

7.5.5.2.1. Market size and forecast, by type
7.5.5.2.2. Market size and forecast, by growth mechanism
7.5.5.2.3. Market size and forecast, by component

7.5.5.3. SOUTH AFRICA

7.5.5.3.1. Market size and forecast, by type
7.5.5.3.2. Market size and forecast, by growth mechanism
7.5.5.3.3. Market size and forecast, by component

7.5.5.4. REST OF LAMEA

7.5.5.4.1. Market size and forecast, by type
7.5.5.4.2. Market size and forecast, by growth mechanism
7.5.5.4.3. Market size and forecast, by component

Section 8: COMPETITIVE LANDSCAPE

8.1. Introduction
8.2. Top Winning Strategies
8.3. Product mapping of top 10 player
8.4. Competitive dashboard
8.5. Competitive heatmap

Section 9: Company Profile

9.1. 4D BIOS INC.

9.1.1. Company overview
9.1.2. Company snapshot
9.1.3. Product portfolio

9.2. AEROFARMS

9.2.1. Company overview
9.2.2. Company snapshot
9.2.3. Product portfolio
9.2.4. Farms
9.2.5. Key strategic moves and developments

9.3. AGRILUTION

9.3.1. Company overview
9.3.2. Company snapshot
9.3.3. Product portfolio

9.4. AMHYDRO (AMERICAN HYDROPONICS)

9.4.1. Company overview
9.4.2. Company snapshot
9.4.3. Product portfolio
9.4.4. Key strategic moves and developments

9.5. EVERLIGHT ELECTRONICS CO., LTD.

9.5.1. Company overview
9.5.2. Company snapshot
9.5.3. Product portfolio
9.5.4. R&D Expenditure
9.5.5. Business performance

9.6. HORT AMERICAS

9.6.1. Company overview
9.6.2. Company snapshot
9.6.3. Product portfolio
9.6.4. Key strategic moves and developments

9.7. ILLUMITEX INC.

9.7.1. Company overview
9.7.2. Company snapshot
9.7.3. Product portfolio
9.7.4. Key strategic moves and developments

9.8. KONINKLIJKE PHILIPS N.V.

9.8.1. Company overview
9.8.2. Company snapshot
9.8.3. Operating business segments
9.8.4. Product portfolio
9.8.5. R&D Expenditure
9.8.6. Business performance
9.8.7. Key strategic moves and developments

9.9. URBAN CROP SOLUTIONS

9.9.1. Company overview
9.9.2. Company snapshot
9.9.3. Product portfolio
9.9.4. Key strategic moves and developments

9.10. SKY GREENS

9.10.1. Company overview
9.10.2. Company snapshot
9.10.3. Product portfolio

Buy This Premium Research Report@ https://www.visionresearchreports.com/report/cart/29021

Businesskorea provides latest news and updates of north and south korea.