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Global Vertical Farming Technology Market Size, Industry Analysis By Segmentations, Top Key Players, Trends, Future Development & Forecast 2024-2035

  • PUBLISHED ON
  • 3/1/2023
  • NO OF PAGES
  • 227
  • CATEGORY
  • Agriculture
Vertical Farming Technology market report presents a global overview of market shares, size, statistics, trends, demand, revenue and growth opportunities by key players, regions and countries. This report offers a complete market overview during the past, present, and the forecast period till 2032 which helps to identify future opportunities, risk factors, growing areas. Report also highlight on recent developments, technological innovations, market affecting factors, demographics analysis, demand and supply chain which gives brief strategy of market growth during the forecast period. It also gives in-depth insights on SWOT and PESTLE analysis based on industry segmentations and regional developments.

Market Overview:
The report provides a basic overview of the industry including definitions, classifications, and industry chain structure. The Vertical Farming Technology market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand, price, revenue and gross margins.

Report Scope:
The primary and secondary research is done in order to access up-to-date government regulations, market information and industry data. Data were collected from the Vertical Farming Technology manufacturers, distributors, end users, industry associations, governments’ industry bureaus, industry publications, industry experts, third party database, and our in-house databases. The report combines extensive quantitative analysis and exhaustive qualitative analysis, ranges from a macro overview of the total market size, industry chain, and market dynamics to micro details of segment by type, application and region and as a result provides a holistic view of as well as a deep insight into the Vertical Farming Technology market covering all its essential aspects.

Global Vertical Farming Technology Market: Segmentations


Global Vertical Farming Technology Market: By Types
Aeroponics
Hydroponics
Other

Global Vertical Farming Technology Market: By Applications
Vegetable Cultivation
Fruit Planting
Other

Global Vertical Farming Technology Market: Major Players
AeroFarms
Gotham Greens
Plenty (Bright Farms)
Lufa Farms
Beijing IEDA Protected Horticulture
Green Sense Farms
Garden Fresh Farms
Mirai
Sky Vegetables
TruLeaf
Urban Crops
Sky Greens
GreenLand
Scatil
Jingpeng
Metropolis Farms
Plantagon
Spread
Sanan Sino Science
Nongzhong Wulian

Global Vertical Farming Technology Market: By Regions
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia, and Rest of Asia-Pacific)
South America (Brazil, Argentina, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)


Key Benefits:
• The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
• Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
• Porter’s Five Force Model and SWOT analysis are used to study the global Vertical Farming Technology market and would help stakeholders make strategic decisions.
• The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
• In-depth analysis of the types of Vertical Farming Technology would help in identifying future applications in this market.

Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support

Objectives of the Study:
• To provide with an exhaustive analysis on the Vertical Farming Technology Market by Product, By Application, By End User and by Region.
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
• To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions
Base Year: 2023
Historic Year: 2016-2022
Forecast: 2024-2035
1 Market Overview
1.1 Product Overview and Scope of Vertical Farming Technology
1.2 Classification of Vertical Farming Technology by Type
1.2.1 Overview: Global Vertical Farming Technology Market Size by Type: 2017 Versus 2022 Versus 2032
1.2.2 Global Vertical Farming Technology Revenue Market Share by Type in 2022
1.2.3 Aeroponics
1.2.4 Hydroponics
1.2.5 Other
1.3 Global Vertical Farming Technology Market by Application
1.3.1 Overview: Global Vertical Farming Technology Market Size by Application: 2017 Versus 2022 Versus 2032
1.3.2 Vegetable Cultivation
1.3.3 Fruit Planting
1.3.4 Other
1.4 Global Vertical Farming Technology Market Size & Forecast
1.5 Global Vertical Farming Technology Market Size and Forecast by Region
1.5.1 Global Vertical Farming Technology Market Size by Region: 2017 VS 2022 VS 2032
1.5.2 Global Vertical Farming Technology Market Size by Region, (2016-2021)
1.5.3 North America Vertical Farming Technology Market Size and Prospect (2017-2032)
1.5.4 Europe Vertical Farming Technology Market Size and Prospect (2017-2032)
1.5.5 Asia-Pacific Vertical Farming Technology Market Size and Prospect (2017-2032)
1.5.6 South America Vertical Farming Technology Market Size and Prospect (2017-2032)
1.5.7 Middle East and Africa Vertical Farming Technology Market Size and Prospect (2017-2032)
1.6 Market Drivers, Restraints and Trends
1.6.1 Vertical Farming Technology Market Drivers
1.6.2 Vertical Farming Technology Market Restraints
1.6.3 Vertical Farming Technology Trends Analysis
2 Company Profiles
2.1 AeroFarms
2.1.1 AeroFarms Details
2.1.2 AeroFarms Major Business
2.1.3 AeroFarms Vertical Farming Technology Product and Solutions
2.1.4 AeroFarms Vertical Farming Technology Revenue, Gross Margin and Market Share (2017-2022)
2.1.5 AeroFarms Recent Developments and Future Plans
2.2 Gotham Greens
2.2.1 Gotham Greens Details
2.2.2 Gotham Greens Major Business
2.2.3 Gotham Greens Vertical Farming Technology Product and Solutions
2.2.4 Gotham Greens Vertical Farming Technology Revenue, Gross Margin and Market Share (2017-2022)
2.2.5 Gotham Greens Recent Developments and Future Plans
2.3 Plenty (Bright Farms)
2.3.1 Plenty (Bright Farms) Details
2.3.2 Plenty (Bright Farms) Major Business
2.3.3 Plenty (Bright Farms) Vertical Farming Technology Product and Solutions
2.3.4 Plenty (Bright Farms) Vertical Farming Technology Revenue, Gross Margin and Market Share (2017-2022)
2.3.5 Plenty (Bright Farms) Recent Developments and Future Plans
2.4 Lufa Farms
2.4.1 Lufa Farms Details
2.4.2 Lufa Farms Major Business
2.4.3 Lufa Farms Vertical Farming Technology Product and Solutions
2.4.4 Lufa Farms Vertical Farming Technology Revenue, Gross Margin and Market Share (2017-2022)
2.4.5 Lufa Farms Recent Developments and Future Plans
2.5 Beijing IEDA Protected Horticulture
2.5.1 Beijing IEDA Protected Horticulture Details
2.5.2 Beijing IEDA Protected Horticulture Major Business
2.5.3 Beijing IEDA Protected Horticulture Vertical Farming Technology Product and Solutions
2.5.4 Beijing IEDA Protected Horticulture Vertical Farming Technology Revenue, Gross Margin and Market Share (2017-2022)
2.5.5 Beijing IEDA Protected Horticulture Recent Developments and Future Plans
2.6 Green Sense Farms
2.6.1 Green Sense Farms Details
2.6.2 Green Sense Farms Major Business
2.6.3 Green Sense Farms Vertical Farming Technology Product and Solutions
2.6.4 Green Sense Farms Vertical Farming Technology Revenue, Gross Margin and Market Share (2017-2022)
2.6.5 Green Sense Farms Recent Developments and Future Plans
2.7 Garden Fresh Farms
2.7.1 Garden Fresh Farms Details
2.7.2 Garden Fresh Farms Major Business
2.7.3 Garden Fresh Farms Vertical Farming Technology Product and Solutions
2.7.4 Garden Fresh Farms Vertical Farming Technology Revenue, Gross Margin and Market Share (2017-2022)
2.7.5 Garden Fresh Farms Recent Developments and Future Plans
2.8 Mirai
2.8.1 Mirai Details
2.8.2 Mirai Major Business
2.8.3 Mirai Vertical Farming Technology Product and Solutions
2.8.4 Mirai Vertical Farming Technology Revenue, Gross Margin and Market Share (2017-2022)
2.8.5 Mirai Recent Developments and Future Plans
2.9 Sky Vegetables
2.9.1 Sky Vegetables Details
2.9.2 Sky Vegetables Major Business
2.9.3 Sky Vegetables Vertical Farming Technology Product and Solutions
2.9.4 Sky Vegetables Vertical Farming Technology Revenue, Gross Margin and Market Share (2017-2022)
2.9.5 Sky Vegetables Recent Developments and Future Plans
2.10 TruLeaf
2.10.1 TruLeaf Details
2.10.2 TruLeaf Major Business
2.10.3 TruLeaf Vertical Farming Technology Product and Solutions
2.10.4 TruLeaf Vertical Farming Technology Revenue, Gross Margin and Market Share (2017-2022)
2.10.5 TruLeaf Recent Developments and Future Plans
2.11 Urban Crops
2.11.1 Urban Crops Details
2.11.2 Urban Crops Major Business
2.11.3 Urban Crops Vertical Farming Technology Product and Solutions
2.11.4 Urban Crops Vertical Farming Technology Revenue, Gross Margin and Market Share (2017-2022)
2.11.5 Urban Crops Recent Developments and Future Plans
2.12 Sky Greens
2.12.1 Sky Greens Details
2.12.2 Sky Greens Major Business
2.12.3 Sky Greens Vertical Farming Technology Product and Solutions
2.12.4 Sky Greens Vertical Farming Technology Revenue, Gross Margin and Market Share (2017-2022)
2.12.5 Sky Greens Recent Developments and Future Plans
2.13 GreenLand
2.13.1 GreenLand Details
2.13.2 GreenLand Major Business
2.13.3 GreenLand Vertical Farming Technology Product and Solutions
2.13.4 GreenLand Vertical Farming Technology Revenue, Gross Margin and Market Share (2017-2022)
2.13.5 GreenLand Recent Developments and Future Plans
2.14 Scatil
2.14.1 Scatil Details
2.14.2 Scatil Major Business
2.14.3 Scatil Vertical Farming Technology Product and Solutions
2.14.4 Scatil Vertical Farming Technology Revenue, Gross Margin and Market Share (2017-2022)
2.14.5 Scatil Recent Developments and Future Plans
2.15 Jingpeng
2.15.1 Jingpeng Details
2.15.2 Jingpeng Major Business
2.15.3 Jingpeng Vertical Farming Technology Product and Solutions
2.15.4 Jingpeng Vertical Farming Technology Revenue, Gross Margin and Market Share (2017-2022)
2.15.5 Jingpeng Recent Developments and Future Plans
2.16 Metropolis Farms
2.16.1 Metropolis Farms Details
2.16.2 Metropolis Farms Major Business
2.16.3 Metropolis Farms Vertical Farming Technology Product and Solutions
2.16.4 Metropolis Farms Vertical Farming Technology Revenue, Gross Margin and Market Share (2017-2022)
2.16.5 Metropolis Farms Recent Developments and Future Plans
2.17 Plantagon
2.17.1 Plantagon Details
2.17.2 Plantagon Major Business
2.17.3 Plantagon Vertical Farming Technology Product and Solutions
2.17.4 Plantagon Vertical Farming Technology Revenue, Gross Margin and Market Share (2017-2022)
2.17.5 Plantagon Recent Developments and Future Plans
2.18 Spread
2.18.1 Spread Details
2.18.2 Spread Major Business
2.18.3 Spread Vertical Farming Technology Product and Solutions
2.18.4 Spread Vertical Farming Technology Revenue, Gross Margin and Market Share (2017-2022)
2.18.5 Spread Recent Developments and Future Plans
2.19 Sanan Sino Science
2.19.1 Sanan Sino Science Details
2.19.2 Sanan Sino Science Major Business
2.19.3 Sanan Sino Science Vertical Farming Technology Product and Solutions
2.19.4 Sanan Sino Science Vertical Farming Technology Revenue, Gross Margin and Market Share (2017-2022)
2.19.5 Sanan Sino Science Recent Developments and Future Plans
2.20 Nongzhong Wulian
2.20.1 Nongzhong Wulian Details
2.20.2 Nongzhong Wulian Major Business
2.20.3 Nongzhong Wulian Vertical Farming Technology Product and Solutions
2.20.4 Nongzhong Wulian Vertical Farming Technology Revenue, Gross Margin and Market Share (2017-2022)
2.20.5 Nongzhong Wulian Recent Developments and Future Plans
3 Market Competition, by Players
3.1 Global Vertical Farming Technology Revenue and Share by Players (2017-2022)
3.2 Market Concentration Rate
3.2.1 Top 3 Vertical Farming Technology Players Market Share
3.2.2 Top 10 Vertical Farming Technology Players Market Share
3.2.3 Market Competition Trend
3.3 Vertical Farming Technology Players Head Office, Products and Services Provided
3.4 Mergers & Acquisitions
3.5 New Entrants and Expansion Plans
4 Market Size Segment by Type
4.1 Global Vertical Farming Technology Revenue and Market Share by Type (2016-2021)
4.2 Global Vertical Farming Technology Market Forecast by Type (2021-2026)
5 Market Size Segment by Application
5.1 Global Vertical Farming Technology Revenue Market Share by Application (2016-2021)
5.2 Vertical Farming Technology Market Forecast by Application (2021-2026)
6 North America by Country, by Type, and by Application
6.1 North America Vertical Farming Technology Revenue by Type (2017-2032)
6.2 North America Vertical Farming Technology Revenue by Application (2017-2032)
6.3 North America Vertical Farming Technology Market Size by Country
6.3.1 North America Vertical Farming Technology Revenue by Country (2017-2032)
6.3.2 United States Vertical Farming Technology Market Size and Forecast (2017-2032)
6.3.3 Canada Vertical Farming Technology Market Size and Forecast (2017-2032)
6.3.4 Mexico Vertical Farming Technology Market Size and Forecast (2017-2032)
7 Europe by Country, by Type, and by Application
7.1 Europe Vertical Farming Technology Revenue by Type (2017-2032)
7.2 Europe Vertical Farming Technology Revenue by Application (2017-2032)
7.3 Europe Vertical Farming Technology Market Size by Country
7.3.1 Europe Vertical Farming Technology Revenue by Country (2017-2032)
7.3.2 Germany Vertical Farming Technology Market Size and Forecast (2017-2032)
7.3.3 France Vertical Farming Technology Market Size and Forecast (2017-2032)
7.3.4 United Kingdom Vertical Farming Technology Market Size and Forecast (2017-2032)
7.3.5 Russia Vertical Farming Technology Market Size and Forecast (2017-2032)
7.3.6 Italy Vertical Farming Technology Market Size and Forecast (2017-2032)
8 Asia-Pacific by Region, by Type, and by Application
8.1 Asia-Pacific Vertical Farming Technology Revenue by Type (2017-2032)
8.2 Asia-Pacific Vertical Farming Technology Revenue by Application (2017-2032)
8.3 Asia-Pacific Vertical Farming Technology Market Size by Region
8.3.1 Asia-Pacific Vertical Farming Technology Revenue by Region (2017-2032)
8.3.2 China Vertical Farming Technology Market Size and Forecast (2017-2032)
8.3.3 Japan Vertical Farming Technology Market Size and Forecast (2017-2032)
8.3.4 South Korea Vertical Farming Technology Market Size and Forecast (2017-2032)
8.3.5 India Vertical Farming Technology Market Size and Forecast (2017-2032)
8.3.6 Southeast Asia Vertical Farming Technology Market Size and Forecast (2017-2032)
8.3.7 Australia Vertical Farming Technology Market Size and Forecast (2017-2032)
9 South America by Country, by Type, and by Application
9.1 South America Vertical Farming Technology Revenue by Type (2017-2032)
9.2 South America Vertical Farming Technology Revenue by Application (2017-2032)
9.3 South America Vertical Farming Technology Market Size by Country
9.3.1 South America Vertical Farming Technology Revenue by Country (2017-2032)
9.3.2 Brazil Vertical Farming Technology Market Size and Forecast (2017-2032)
9.3.3 Argentina Vertical Farming Technology Market Size and Forecast (2017-2032)
10 Middle East & Africa by Country, by Type, and by Application
10.1 Middle East & Africa Vertical Farming Technology Revenue by Type (2017-2032)
10.2 Middle East & Africa Vertical Farming Technology Revenue by Application (2017-2032)
10.3 Middle East & Africa Vertical Farming Technology Market Size by Country
10.3.1 Middle East & Africa Vertical Farming Technology Revenue by Country (2017-2032)
10.3.2 Turkey Vertical Farming Technology Market Size and Forecast (2017-2032)
10.3.3 Saudi Arabia Vertical Farming Technology Market Size and Forecast (2017-2032)
10.3.4 UAE Vertical Farming Technology Market Size and Forecast (2017-2032)
11 Research Findings and Conclusion
12 Appendix
12.1 Methodology
12.2 Research Process and Data Source
12.3 Disclaimer

Quality Assurance Process

  1. We Market Research’s Quality Assurance program strives to deliver superior value to our clients.

We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.

Market Research Process




We Market Research monitors 3 important attributes during the QA process- Cost, Schedule & Quality. We believe them as a critical benchmark in achieving a project’s success.

To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
  • Project kickoff meeting with client
  • Conduct frequent client communications
  • Form project steering committee
  • Assign a senior SR executive as QA Executive
  • Conduct internal editorial & quality reviews of project deliverables
  • Certify project staff in SR methodologies & standards
  • Monitor client satisfaction
  • Monitor realized value post-project

Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.

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