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+20% CAGR Growth to Be Achieved by Vertical Farming, Plant Factory Market Through 2023 Report Includes Top Companies Like Philips, OSRAM, Illumitex, Valoya, Cidly

The report includes a thorough overview of the competitive landscape and regulatory framework of the Global Vertical Farming, Plant Factory Market.


Houston, TX -- (SBWIRE) -- 08/15/2018 -- Vertical farming is a closed environment in which plants are grown under lights in shelves stacked one on another. All the elements needed for plant growth are artificially controlled, a process that removes detrimental influences such as pesticides and poor weather conditions. Traditional agriculture lives at the mercy of the elements. A plant factory is run based on science. Science is used to produce plants based on carefully controlled spectrum best for plant growth, to produce plants of a fixed quality, quantity, cost, time to harvest, and tuned to control the sale price.

The Vertical Farming, Plant Factory market is expected to grow at +20% of CAGR between 2018 and 2023.

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Top Companies Studied In This Research Includes:
Philips, OSRAM, Illumitex, Fionia Lighting, Valoya, Everlight Electronics, Epistar, LumiGrow, LEDHYDROPONICS, Netled, Apollo Horticulture, Grow LED Hydro, Flow Magic, Kessil, Kind LED Grow Lights, Spectrum King Grow Lights, Cidly, California LightWorks, Sunprou, JCX LED, Weshine, K-Light, QEE Technology, Rosy Electronics, Ohmax Optoelectronic Lighting, Zhicheng Lighting

Organic food is the products obtained through the farming system which do not use synthetic fertilizers, pesticides, and growth regulators. Currently, people around the world are consciously aware of the diet of food every day and using chemicals and pesticides, they have changed from the food used in organic food. In North America, organic food sales witnessed a significant increase in the last few years.

Vertical agriculture allows farmers to deliver products on a timely basis and to be confident in supply base contracts. Another benefit of well-performed vertical farming is that there is no agricultural runoff or there is no concept of seasonal crops. Thus, timely yields, reduced corruption and reduced shipping costs are expected to strengthen vertical agricultural markets in the near future.

The vertical agricultural environment is secured by biosecurity procedures that limit disease and pest attacks on crops. This shortens retention time because the harvesting system does not require herbicides, insecticides and foliar application. This biostability also prevents expensive post-harvest processing and product damage. Thus, the cost effectiveness and reduced use of hazardous chemicals in this system is expected to improve the vertical agriculture market. Vertical agriculture is generally used in combination with natural light and artificial light. Artificial lighting is often LED based and renewable power sources for solar or wind turbines.

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High value crops are the goal of agricultural robot development. What is more delicious than strawberries is perfectly formed and fully matured New plant factories that grow fruits and vegetables on indoor shelves can improve the supply of consistent quality food and implement food production management efficiency.

In addition, the report also includes segment data, including type segments, enterprise segments, channel segments and so on, both volume and value cover different segment market sizes. It also covers customer information from several industries that are very important to manufacturers.

Table of Contents
Global Vertical Farming, Plant Factory Market Research Report.
Chapter 1 Vertical Farming, Plant Factory Market Overview
Chapter 2 Global Economic Impact
Chapter 3 Competition by Manufacturer
Chapter 4 Production, Revenue (Value) by Region
Chapter 5 Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Production, Revenue (Value), Price Trend by Type
Chapter 7 Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Market Forecast

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