Lucintel Newsletter

Business News by Lucintel

Bookmark and Share

Thursday, March 17, 2022

Vertical Farming Market is anticipated to grow at a CAGR of 25% during 2019 to 2024

The global vertical farming market is projected to grow at a CAGR of 25% during 2019 to 2024. The growth of vertical farming market is driven by rising demand for high quality food, limited use of pesticides or herbicides, and increasing demand for independent farming techniques with very less/no impact of climatic conditions.

Some of the Key Questions answered in this exclusive report are:

Q.1 What are some of the most promising potential, high-growth opportunities for the global vertical farming market by component (irrigation component, lighting, sensor, climate control, building material, and others), structure (building-based vertical farms and shipping container vertical farms), growth mechanism (aeroponics, hydroponics, and aquaponics), crop type (lettuce, peppers, broccoli, spinach, cucumbers, tomatoes, strawberries, pomegranates, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2 Which segments will grow at a faster pace and why?

Q.3 What are the business risks and threats to the vertical farming market?

Q.4 What are some changing demands of customers in the vertical farming market?

Q.5 What are the new developments in the vertical farming market? Which companies are leading these developments?

Q.6 What strategic initiatives are being implemented by key players for business growth?

Q.7 What are some of the competitive products and processes in this vertical farming area and how big of a threat do they pose for loss of market share via product substitution?

Q.8 What M&A activity has occurred in the last 5 years in this vertical farming market? 

Download Brochure of this report by clicking on https://www.lucintel.com/vertical-farming-market.aspx 

Market Segmentation:

Based on growth mechanism, the vertical farming market is segmented into aeroponics, hydroponics, and aquaponics. The hydroponic segment accounted for the largest share of the market in 2020 and is expected to register the highest CAGR during the forecast period.

Asia Pacific will remain the largest market over the forecast period.

Key Players in the vertical farming market are Koninklijke Philips, Aerofarms, Sky Greens, Illumitex, Everlight Electronics, Green Sense Farms, LLC, Agrilution, American Hydroponics, Urban Crops, and Vertical Farm Systems.

Request Sample Pages by clicking on

https://www.lucintel.com/vertical-farming-market.aspx

The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth. It would also help to understand the competitors better and gain more insights to improve their position in the business.

To read more about this market please click on https://www.lucintel.com/vertical-farming-market.aspx

About Lucintel

Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.

Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: 
brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

Related reports

Smart Speaker Market:

For more details click here https://www.lucintel.com/smart-speaker-market.aspx

 

Explosive Detector Market:

For more details click here https://www.lucintel.com/explosive-detector-market.aspx

 

Diy Home Automation Market:

For more details click here https://www.lucintel.com/diy-home-automation-market.aspx

 

Energy Efficient Low Horsepower Ac Motors Market:

For more details click here https://www.lucintel.com/energy-efficient-low-horsepower-ac-motors-market.aspx

 

Smart Robot Market:

For more details click here https://www.lucintel.com/smart-robot-market.aspx

 

Smart Thermostats Market:

For more details click here https://www.lucintel.com/smart-thermostats-market.aspx

 

Telecom Power System Market:

For more details click here https://www.lucintel.com/telecom-power-system-market.aspx

 

Text- To-Speech Market:

For more details click here https://www.lucintel.com/text-to-speech-market.aspx

 

Thin Film & Printed Battery Market:

For more details click here https://www.lucintel.com/thin-film-aand-printed-battery-market.aspx

 

Universal Flash Storage Market:

For more details click here https://www.lucintel.com/universal-flash-storage-market.aspx

No comments:

Post a Comment