Progressive markets

Vertical Farming Market Targets Emerging Markets with High CAGR of 31.6%

Global Vertical Farming Industry Press Release


Portland, OR -- (SBWIRE) -- 10/04/2017 -- Progressive Markets has recently added a report, titled, "Global Vertical Farming Market" and it is expected that the industry would register a CAGR of 31.6% for the period, 2017–2025. The study offers a comprehensive information of the current market trends that assists stakeholders to identify the possible future opportunities.

The report provides key findings, trend analysis, industry attractiveness, competitive landscape, and recent industry developments of the global vertical farming market. It gives a brief introduction of the industry which includes report description, definitions, scope, and research methodology. It describes the factors which influences the market, such as drivers and threats. The experts study impacts of theses aspects on the industry. These include technological advancement, escalation in demand of food owing to rise in population, and Increase In Adoption Of Technologically Driven Market. The challenges analyzed by them are affordability of technology and lack of awareness about the advantages of technology.

The research incorporates the Porter's Five Forces Analysis to evaluate the competitive spirit of the global vertical farming industry. It uses the method to examine the bargaining power of customers & sellers, threats of substitute, and industry rivalry. It assesses the market share of the industry on the basis of component, geography, and growth mechanism for the period, 2014–2025. The report classifies the market into the aforementioned categories. Based on component, it is divided into hydroponic, climate control, sensing, and lighting. It studies the market size of these components for the historic period as well as forecast period, 2014–2016 and 2017–2025 respectively. The research splits the market on the basis of growth mechanism into hydroponics, and aeroponics. The regional distribution of the industry is Europe, North America, LAMEA (Latin America Middle East Africa), and Asia-Pacific.

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The countries included in the report of the global vertical farming market on the basis of geographical distribution for the North America are U.S., Mexico, and Canada. The regions studied in the Europe are U.K., France, and Germany. The nations of Asia-Pacific, such as China, Japan, India, Taiwan, and South Korea are also analyzed . For the LAMEA region, countries discussed were Brazil, Saudi Arabia, and South Africa. The research analyses the market size for each growth mechanism and region for forecast period and historic period.

The report discusses big market players of the global vertical farming market, such as Agrilution, Koninklijke Philips N.V, Everlight Electronics, Aerofarms, American Hydroponics, Farmedhere, Hort Americas, Green Sense Farms, Illumitex, Inc., and Sky Green. The companies are analyzed by the experts on the basis of financial segment, business segment, and recent developments. The report describes the abovementioned parameters through tables and figures. One Table depicts market share by component for the period, 2014–2025. Other tables depict the revenue generated by each region for components during the forecast period. From the table from 24 to 33 show the snapshots of each company.

The research depicts the characteristics of the global vertical farming market through figures. A Figure illustrates the market value of the industry for the period, 2014–2016. It explains the revenue generated by each component and growth mechanism for the aforementioned period.

The report of the global vertical farming market report consists of some its significant takeaways, such as extensive analysis of the factors that influences its market. Its competitive intelligence helps to understand the competitive scenario across the globe. The projection of the industry is made by evaluation of present as well as future market trends. An extensive analysis of the market is closely performed which is followed by status of key product. It also monitors the top contenders in the industry framework.

The study on the global vertical farming is essential for the manufacturers and new entrants as it aids them to identify the loopholes of the industry as well as challenges. This characteristic of the report prepares them for future market collaborations and takes necessary measures to ensure growth of the industry.

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