Latest report available on Advance Market Analytics, “Vertical Farming Technology Market” provides pin-point analysis for changing competitive dynamics and a forward-looking perspective on different factors driving or restraining industry growth.
Global Vertical Farming Technology Market focuses on encompassing key statistical evidence of the Vertical Farming Technology industry as it offers our readers added value to guide them in encountering the obstacles surrounding the market. A comprehensive addition of several factors such as global distribution, manufacturers, market size, and market factors that affect global contributions are reported in the study. Furthermore, the Vertical Farming Technology study also draws its attention to an in-depth competitive landscape, defined growth opportunities, market share associated with product type and applications, major companies responsible for production and the strategies used are also marked.
Key players in the global vertical farming technology market include;
Signify (Netherlands), Osram (Germany), Freight Farms (US), AeroFarms (US), Sky Greens (Singapore), Spread (Japan), Plenty (US), Valoya (Finland) and Everlight Electronics (Taiwan)
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Vertical farming is farming in which crops grow in stacked vertical layers. In vertical farming, the use of a small area of land used more production. It is a non-traditional growing method. Vertical farming allows for easy harvesting, high yield and negligible effect of climate, minimal use of pesticides, less land required and less water consumption. One hectare of vertical cultivation is equivalent to nine hectares of outdoor cultivation. These are the factors that are expected to increase the growth of the vertical farming market over the forecast period. This growth is mainly due to the increasing focus on increasing crop yield and increasing adoption due to the lack of chemicals used.
Key Market Developments:
In August 2021, Cargill partnered with vertical farming company AeroFarms to improve cocoa bean yields and develop more climate-resilient farming practices. These two organizations will experiment with different indoor growing technologies, including aeroponics and hydroponics.
Vertical Agriculture Technology Market segments and market data breakdown are illustrated below:
by growth mechanism (hydroponics, aeroponics, aquaponics), structure (building-based structure, container-based structure), component (irrigation component, lighting, sensor, climate control, building material, others)
• Increased focus on increasing crop yield
• Growing adoption due to no chemicals used
• Emerging trend in organic farming
• More crop yield using less land
• Need for more technical solutions
Due to infrastructure development, less land available, this is the opportunity for vertical farming
The Vertical Farming Technology industry report further exhibits an analysis diagram of previous data sources gathered from reliable sources and establishes a previous growth trajectory for the Agriculture Technology market vertical. The report also focuses on comprehensive market revenue streams along with growth patterns, local reforms, COVID impact analysis with a focused approach on market trends and overall market growth.
The study encompasses a variety of analytical resources such as SWOT analysis and Porters Five Forces analysis coupled with primary and secondary research methodologies. It covers all the bases surrounding the Vertical Farming Technology industry by exploring the competitive nature of the market with regional analysis.
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Regions included are: North America, Europe, Asia-Pacific, Oceania, South America, Middle East and Africa
Country level breakdown: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), Netherlands, Spain, Italy, Belgium , Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand, etc.
Data sources and methodology
The primary sources involve the industry experts of the Global Vertical Farming Technologies Market, including management organizations, processing organizations, industry value chain analysis service providers. All primary sources were interviewed to collect and authenticate qualitative and quantitative information and determine future prospects.
In the extensive primary research process undertaken for this study, primary sources – postal, telephone, online and face-to-face surveys were considered to obtain and verify the qualitative and quantitative aspects of this research study. With respect to secondary sources, company annual reports, press releases, websites, investor presentation, conference call transcripts, webinars, journals, regulators, national customs associations and of the industry received senior age.
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Analysis of the current scenario for the decision framework
Key Strategic Developments in the Vertical Agriculture Technology Market:
Research includes key strategic activities such as research and development (R&D) initiatives, completed mergers and acquisitions (M&A), agreements, new launches, collaborations, partnerships and joint ventures (JVs), and growth of major competitors operating in the market globally and regionally to overcome the current downturn due to COVID-19.
Key Market Features in Global Vertical Agriculture Technology Market
The report highlights Vertical Farming Technology market characteristics, including revenue size, weighted average regional price, capacity utilization rate, production rate, gross margins, consumption , import and export, demand and supply, cost benchmarking in Vertical Farming Technology market share and annualized market share. growth rate (Annual) and periodic CAGR.
Excerpts from the table of contents
Global Vertical Agriculture Technology Market Research Report
Chapter 1 Global Vertical Agriculture Technology Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Revenue (Value, Volume*) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Revenue (Value, Volume*), Price* Trend by Type
Chapter 7 Global Market Analysis by Application
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Advance Market Analytics is a global market research industry leader that provides quantified B2B research to Fortune 500 companies on emerging, high-growth opportunities that will impact over 80% of global business revenue.
Our analyst tracks high growth study with detailed and in-depth statistical analysis of market trends and dynamics that provides a comprehensive overview of the industry. We follow a thorough research methodology coupled with critical insights related to industry factors and market forces to generate the best value for our clients. We provide reliable primary and secondary data sources, our analysts and consultants obtain informative and usable data tailored to the business needs of our clients. The research study enables clients to achieve varied market objectives ranging from global footprint expansion to supply chain optimization and competitor profiling to mergers and acquisitions.
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