Vertical Farming, Plant Factory Market :
Vertical Farming and Plant Factory Market is valued at $1478.94 million in 2017 and is expected to reach $15890.65 million by the end of 2024, growing at a growth rate of 40.37% between 2019 and 2024.
Global market is balanced to attain considerable expansion as the supply of food commences to adopt computerized progression. Grow lights are less expensive and more sophisticated to operate as wind & solar energy. Hence these are approved by plant factories and green houses. Farming does not depend on the climatic conditions anymore and organic vegetables are produces round the clock. The land area for farming is reducing day by day; this is the evolution of new type of farming. Local demand for food regularly is taken care by growing in warehouse. Food can be grown in the restricted area in houses as well producing efficient quality of fresh food consistently.
Vertical farming is the practice of producing food in vertically stacked layers, vertically inclined surfaces and/or integrated in other structures. The modern idea of vertical farming uses controlled-environment agriculture CEA technology, where all environmental factors can be controlled. These facilities utilize artificial control of light, environmental control humidity, temperature, gases and fertigation. Some vertical farms use techniques similar to greenhouses, where natural sunlight can be augmented with artificial lighting and metal reflectors.
The report begins from overview of Industry Chain structure, and describes industry environment, then analyses market size and forecast of Vertical Farming, Plant Factory by product, region and application, in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.
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Product Type Coverage Market Size & Forecast, Major Company of Product Type etc.:
Fluorescent lamp grows lights
LED grow lights
HPS grow lights
Incandescent Lamp & Halide Lamp grow lights
Company Coverage Sales Revenue, Price, Gross Margin, Main Products etc.:
Philips
OSRAM
Illumitex
GE
Valoya
Everlight Electronics
Epistar
LumiGrow
LEDHYDROPONICS
Fionia Lighting
Netled
Apollo Horticulture
Grow LED Hydro
Flow Magic
California LightWorks
Kessil
Kind LED Grow Lights
Spectrum King Grow Lights
Cidly
Sunprou
JCX LED
Weshine
K-light
QEE Technology
Rosy Electronics
Ohmax Optoelectronic Lighting
Zhicheng Lighting
Application Coverage Market Size & Forecast, Different Demand Market by Region, Main Consumer Profile etc.:
Commercial Greenhouses
Indoor Grow Facilities
Research Applications
Region Coverage Regional Production, Demand & Forecast by Countries etc.:
North America U.S., Canada, Mexico
Europe Germany, U.K., France, Italy, Russia, Spain etc.
Asia-Pacific China, India, Japan, Southeast Asia etc.
South America Brazil, Argentina etc.
Middle East & Africa Saudi Arabia, South Africa etc.
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