Vertical Farming Market Emerging Growth Rate, Application, Market Share and Forecast to 2027

The market report study titled Global Vertical Farming Market published by Emergen Research offers in-depth and comprehensive research describing the scope of the market and market insights with an outlook to 2027. The report will include details about potential opportunities, new projects, financial situations, constructive business strategies, and an outlook on the industry forecast. The research report provides an extensive analysis of the global Vertical Farming market with a focus on key companies involved in the market and segmentation of the market based on application, types, and regions. Advanced analytical tools such as SWOT analysis and Porter’s Five Forces analysis along with detailed diagrams, graphs, and figures, have been applied in this study.

Key Highlights from the Report:

·       Shipper container-based vertical farms occupied a massive share of the industry amounting to 63.5% attributable to the lack of arable lands. Additionally, the convenient transportation and requirement of less land for installing a shipping container is forecast to strengthen the growth curve.

·       Hydroponics segment is anticipated to record a CAGR of 20.2% during the forecast timeline attributable to the low costs associated with operation and installation. 

·       Lighting segment occupied a substantial market share owing to the vital roles lights play in the growth of plants. The LED lighting technology is extensively being applied by horticulture farmers accredited to the LED lights’ augmented efficiency and longer shelf life.

·       The Asia Pacific commanded the industry growth and is forecast to retain its position due to the augmenting demand for food accredited to rapidly accelerating populace. The lack of arable lands in the congested countries is also boosting the adoption of vertical farming.

·       Freight Farms, BrightFarms, Osram, SKY GREENS, Aerofarms, HELIOSPECTRA AB, Illumitex, Inc., Signify, AGRICOOL, and Everlight Electronics, among others, are some of the major market players.

The report also provides an analysis of how efficient is the company to achieve the set targets. The research report is compiled using customer insights, marketing strategies, competitive landscape analysis, and overall growth trend of the market. The Vertical Farming industry is observing dynamic changed with several new players entering the market. The competitive landscape data is provided by SWOT analysis of each market player along with feasibility analysis, investment return analysis, and Porter’s Five Forces analysis. The dominant and slow growing market segments are also analyzed in the report to provide a complete understanding of each key segment of the market.

To know more about the report, visit @ https://www.emergenresearch.com/industry-report/vertical-farming-market

Thank you for reading our report. For further queries on the report and customization, please connect with us. Our team will ensure you get the report best suited for your needs.

 

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