Global Vertical Farming Market Analysis/Forecast Report 2022: A $11.89 Bn Market by 2027 - Breakdown by Aeroponics, Aquaponics, Hydroponics - ResearchAndMarkets.com

·6 min read

DUBLIN, May 24, 2022--(BUSINESS WIRE)--The "Vertical Farming Market Research Report by Growth Mechanism (Aeroponics, Aquaponics, and Hydroponics), Offering, Structure, Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) - Global Forecast to 2027 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.

The Global Vertical Farming Market size was estimated at USD 3,344.44 million in 2021, USD 4,094.30 million in 2022, and is projected to grow at a Compound Annual Growth Rate (CAGR) of 23.55% to reach USD 11,896.05 million by 2027.

In this report, the years 2019 and 2020 are considered historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered the forecast period.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects.

It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Vertical Farming Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space.

It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

Competitive Scenario:

The Competitive Scenario provides an outlook analysis of the various business growth strategies adopted by the vendors. The news covered in this section deliver valuable thoughts at the different stage while keeping up-to-date with the business and engage stakeholders in the economic debate.

Cumulative Impact of COVID-19:

The report delivers insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecasts, considering the COVID-19 impact on the market.

Cumulative Impact of 2022 Russia Ukraine Conflict:

We continuously monitor and update reports on political and economic uncertainty due to the Russian invasion of Ukraine. Negative impacts are significantly foreseen globally, especially across Eastern Europe, European Union, Eastern & Central Asia, and the United States.

This contention has severely affected lives and livelihoods and represents far-reaching disruptions in trade dynamics. The potential effects of ongoing war and uncertainty in Eastern Europe are expected to have an adverse impact on the world economy, with especially long-term harsh effects on Russia.

This report uncovers the impact of demand & supply, pricing variants, strategic uptake of vendors, and recommendations for Vertical Farming market considering the current update on the conflict and its global response.

Company Usability Profiles:

  • 4D Bios, Inc.

  • Agrilution Systems GmbH

  • Amhydro

  • Everlight Electronics Co., Ltd.

  • Freight Farms, Inc.

  • Green Sense Farms Holdings, Inc.

  • H2O Engineering

  • Heliospectra AB

  • KE GrowAir B.V.

  • Koninklijke Philips N.V.

  • OSRAM Group

  • Priva BV

  • Sananbio

  • Thrive Agritech, Inc.

  • Urban Crop Solutions

  • Valoya Oy

Key Topics Covered:

1. Preface

1.1. Objectives of the Study

1.2. Market Segmentation & Coverage

1.3. Years Considered for the Study

1.4. Currency & Pricing

1.5. Language

1.6. Limitations

1.7. Assumptions

1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective

2.2. Determine: Research Design

2.3. Prepare: Research Instrument

2.4. Collect: Data Source

2.5. Analyze: Data Interpretation

2.6. Formulate: Data Verification

2.7. Publish: Research Report

2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics

5.1.1. Drivers

5.1.1.1. Growing demand for high-quality organic food

5.1.1.2. Increasing population leading to imbalances in food demand and supply

5.1.1.3. Adoption of stabilized farming technique independent of climate condition

5.1.1.4. Limited farming land to grow vegetables and fruits

5.1.2. Restraints

5.1.2.1. Lack of technical know-how

5.1.2.2. Limited variety of crops grown

5.1.3. Opportunities

5.1.3.1. Rapid development in precision farming technologies and vertical farming in APAC

5.1.3.2. Production of biopharmaceutical products

5.1.3.3. Large scale vertical farming

5.1.4. Challenges

5.1.4.1. High initial investment coupled with significant energy consumption

5.2. Cumulative Impact of COVID-19

5.3. Cumulative Impact of 2022 Russia Ukraine Conflict

6. Vertical Farming Market, by Growth Mechanism

6.1. Introduction

6.2. Aeroponics

6.3. Aquaponics

6.4. Hydroponics

7. Vertical Farming Market, by Offering

7.1. Introduction

7.2. Climate Control

7.2.1. Air Purification/Control

7.2.2. Ventilation Fans

7.3. Hydroponics Components

7.3.1. Meters and Solutions

7.3.2. Pumps and Irrigation

7.3.3. Water Filtration

7.4. Lighting

7.4.1. Light Ballasts

7.4.2. Light Reflectors

7.4.3. Lights

7.5. Sensors

7.5.1. CO2 Sensors

7.5.2. Crop Sensors

7.5.3. Nutrient Sensors

7.5.4. PH Sensors

7.5.5. Temperature Sensors

8. Vertical Farming Market, by Structure

8.1. Introduction

8.2. Building-Based Vertical Farms

8.3. Shipping Container Vertical Farms

9. Americas Vertical Farming Market

9.1. Introduction

9.2. Argentina

9.3. Brazil

9.4. Canada

9.5. Mexico

9.6. United States

10. Asia-Pacific Vertical Farming Market

10.1. Introduction

10.2. Australia

10.3. China

10.4. India

10.5. Indonesia

10.6. Japan

10.7. Malaysia

10.8. Philippines

10.9. Singapore

10.10. South Korea

10.11. Taiwan

10.12. Thailand

11. Europe, Middle East & Africa Vertical Farming Market

11.1. Introduction

11.2. France

11.3. Germany

11.4. Italy

11.5. Netherlands

11.6. Qatar

11.7. Russia

11.8. Saudi Arabia

11.9. South Africa

11.10. Spain

11.11. United Arab Emirates

11.12. United Kingdom

12. Competitive Landscape

12.1. FPNV Positioning Matrix

12.1.1. Quadrants

12.1.2. Business Strategy

12.1.3. Product Satisfaction

12.2. Market Ranking Analysis

12.3. Market Share Analysis, By Key Player

12.4. Competitive Scenario

12.4.1. Merger & Acquisition

12.4.2. Agreement, Collaboration, & Partnership

12.4.3. New Product Launch & Enhancement

12.4.4. Investment & Funding

12.4.5. Award, Recognition, & Expansion

13. Company Usability Profiles

For more information about this report visit https://www.researchandmarkets.com/r/d1i0kp

View source version on businesswire.com: https://www.businesswire.com/news/home/20220524005924/en/

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting