Vertical Farming Market

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Global Vertical Farming Market Research Report
Presented by MarketsandMarkets http//www.market
sandmarkets.com/

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Report Title
Vertical Farming Market by Growth Mechanism
(Hydroponics, Aeroponics, and Aquaponics),
Structure (Building Based and Shipping
Container), Offering (Hardware, Software, and
Service), Crop Type, and Geography - Global
Forecast to 2022
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MarketsandMarkets is worlds No. 2 firm in terms
of annually published premium market research
reports.

MarketsandMarkets has published new market
research report on "Vertical Farming Market.
Vertical farming is the future of modern day
agriculture is completely done in indoor
agriculture labs. Vertical farming market is
estimated to be valued at USD 5.80 Billion by
2022, growing at a CAGR of 24.8 between 2016 and
2022. Browse Full Report _at_ http//www.marketsand
markets.com/Market-Reports/vertical-farming-market
-221795343.html This report provides a detailed
analysis of the vertical farming market based on
offering, growth mechanism, structure, crop type,
and geography. It has been estimated that the
lighting segment based on the hardware offering
would hold a large share of the vertical farming
market.  However, the vertical farming market for
climate control segment is expected to grow at
the highest CAGR between 2016 and 2022. The
growth of the vertical farming market could be
attributed to the growing urbanization, rising
demand for high quality food with no use of
pesticides and herbicides, and independent
farming technique with low impact of climatic
conditions. However, the high initial
investments, dearth of technical acumen, and
limitations on the variety of crops grown are the
restraints in the vertical farming market.
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The factors driving the growth of the vertical
farming market include high quality food with no
use of pesticides, less dependency on the weather
for production, growing urban population,
increase in the year around production of the
crops, and reduced impact on the
environment. What exactly is Vertical
Farming? Vertical farming is yet another conquest
of human mind over the practices of nature, by
creating similar circumstances as nature does,
but with a difference. Dickson Despommier
Professor Emeritus, Microbiology and Public
Health at Columbia University who has been one of
the pioneers of vertical farming, explains it to
David Pakman on latters info show. Anything
that is more than single story tall, even if it
does not have separations or floors inside that
particular building or warehouse, as long as you
are growing food inside that larger than the
greenhouse, thats a vertical farm. By
providing, inter alia, the same nutrients,
exposure to artificial light, air and creating
almost similar an environment, through the
procedures known as Hydroponics and Aeroponics,
the technique is already able to generate value
and is projected to have a market worth 3.8
billion by 2020 at a CAGR on the up of 30
between 2015 and 2020, as per MarketsandMarkets
forecast.
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MarketsandMarkets is worlds No. 2 firm in terms
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• The Main Player in the Vertical Farming Market
  are Aerofarms (U.S.), Koninklijke Philips N.V.
  (The Netherlands), Illumitex, Inc. (U.S.), and
  Sky Greens (Singapore) among others.
• Who should by this Report?
• Technology Provider
• Technology Investor
• Technology Standards Organizations
• Modern Agriculture Forums, Alliances and
  Associations
• Government Agencies
• Venture Capitalists/Investors
• Private Firms
• Analyst and Strategic business planners, and
  other.
• Segmentation of this Report
• Vertical Farming Market, By Offering
• Hardware
• Software
• Services

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MarketsandMarkets is worlds No. 2 firm in terms
of annually published premium market research
reports.

• Global Vertical Farming Market, by Functional
  Device
• Lighting
• Hydroponic Components
• Climate Control
• Sensors
• Global Vertical Farming Market, by Growth
  Mechanism
• Aeroponics
• Hydroponics
• Others
• Global Vertical Farming Market , By Geography
• North America
• Mexico
• Asia-Pacific
• Rest of the world(ROW)

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MarketsandMarkets is worlds No. 2 firm in terms
of annually published premium market research
reports.
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