Hyderabad, India, March 30, 2017 (GLOBE NEWSWIRE) -- The report “Vertical Farming Market: Type (Mixed-use, Despommier skyscrapers, others) Application (Agricultural, Aquaculture and Others), By Technologies (Hydroponics, Aeroponics, Others), By Components (Pumps, LEDs, Others) & By Geography-Forecast(2017-2022)”, published by IndustryARC, estimates that uniquely positioned countries like Saudi Arabia and South Korea will drive innovation and development during the forecast period.
Browse 20 Market Tables, 50 Figures spread through 140 Pages and an in-depth TOC on “Vertical Farming Market 2017 - 2022”
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Scope & Regional Forecast of the Vertical Farming Market
Vertical farming is a high-tech solution of controlled-environment agriculture. Vertical Farming is the practice of growing food in vertical stacked layers, vertically inclined surfaces or integrated in other structures. These practices form an important part of urban agriculture and is emerging. The need for high quality and nutritive produce coupled with decreasing cultivable land are the major drivers for vertical farming. Increasing investments in the urban farming especially in the developed nations coupled with demand for organic products propels the market growth.
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Increasing awareness on the benefits of vertical farming in terms of environmental impact and resources coupled with strengthening support from government bodies have a significant impact on the adoption rates. Rising availability of urban farming services and assured crop produce round the year through these practices have been enticing the investments into this market. Lighting forms an important part of vertical farming system; LED Lighting segment held the largest share in vertical farming components market. In terms of technology, hydroponics continuous its dominance due to its benefits related to environmental sustainability and costs, whereas aeroponics segment is projected to be the fastest growing driven by increasing awareness.
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Prominent Segmentations Involved in the Vertical Farming Market
The Vertical Farming Market can be broken down into various segmentations on the basis of –
- Type: Mixed-use skyscrapers, Despommier's skyscrapers and Stackable shipping containers.
- Technology: Hydroponics and Aeroponics.
- Component: Pumps, Power Adaptor, Solar Panel, LED Lighting, Anaerobic Digester, Wind Turbines, Suspension Cables and Others.
- Application: Agricultural sub system, Aquacultural sub system, Food Processing sub system, Waste Management sub system and Others.
- Geographical Location: North America, Europe, Asia-Pacific and Rest of the World.
Some of the sample companies profiled in the Vertical Farming Market report are as follows:
- Toshiba Ltd.
- United Power, Inc.
- Vertical farm systems PTY Ltd.
- Vestas Wind Systems A/S
- Domes International Inc.
- DVO, Inc.
- Ebara Fluid Handling
- ENERCON GmbH
Why buy this report?
- Get a detailed picture of the Vertical Farming Market.
- Pinpoint growth sectors and identify factors driving change.
- Understand the competitive environment, the market’s major players and leading brands.
- A five-year forecast method is used in order to assess how the market is predicted to develop.
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