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Vertical Farming Market

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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Vertical Farming Market

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  1. MarketsandMarketsis world’s No. 2 firm in terms of annually published premium market research reports. Global Vertical Farming Market Research Report Presented by MarketsandMarkets http://www.marketsandmarkets.com/

  2. MarketsandMarketsis world’s No. 2 firm in terms of annually published premium market research reports. 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

  3. MarketsandMarketsis world’s 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 @ http://www.marketsandmarkets.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.

  4. MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. 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 latter’s 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, that’s 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.

  5. MarketsandMarketsis world’s No. 2 firm in terms of annually published premium market research reports. • 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

  6. MarketsandMarketsis world’s 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)

  7. MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. About MarketsandMarkets MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Media Contact: Mr. Rohan Markets and Markets 701 Pike Street Suite 2175, Seattle, WA 98101, United States Tel : 1-888-600-6441 Email: sales@marketsandmarkets.com Website: http://www.marketsandmarkets.com/

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