Categories: Agriculture

Vertical Farming, Plant Factory Market Size and Share: Industry Forecast, 2024

Vertical Farming and Plant Factory market will register a 39.74% CAGR in terms of revenue, the global market size will reach $12000 million by 2024, from $1489 million in 2019.

Vertical Farming, Plant Factory Market::

Vertical Farming and Plant Factory market will register a 39.74% CAGR in terms of revenue, the global market size will reach $12000 million by 2024, from $1489 million in 2019.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 greenhouses.

Plant Factories Market Driving Forces:

1.Demand for ability to grow food consistently

2.Demand for ability to grow food locally

3.Can grow food in warehouses

4.Can grow food in the home

5.Dedicating space that is efficient for producing food

6.Fresh, sanitary food available consistently

7.Food factories.

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.

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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Key Content of Chapters as follows Including and can be customized:

Part 1:
Market Overview, Development, and Segment by Type, Application & Region
Part 2:
Global Market by company, Type, Application & Geography
Part 3-4:
Asia-Pacific Market by company, Type, Application & Geography
Part 5-6:
Europe Market by company, Type, Application & Geography
Part 7-8:
North America Market by company, Type, Application & Geography
Part 9-10:
South America Market by company, Type, Application & Geography
Part 11-12:
Middle East & Africa Market by company, Type, Application & Geography
Part 13:
Company information, Sales, Cost, Margin etc.
Part 14:
Conclusion

Market Segment as follows: By Region

Global Asia-Pacific China, Southeast Asia, India, Japan, Korea, Western Asia, Europe Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland, North America United States, Canada, Mexico , Middle East & Africa GCC, North Africa, South Africa , South America Brazil, Argentina, Columbia, Chile, Peru

Key Companies:

The Aluminium
Sun Chemical
French Color and Fragrance
R. A. Dyestuffs
Shanghai Caison Color Material
Tianjin Xibeier International
Go Yen Chemical Industrial
Sirma Dyes and Chemicals
Guray Kimya

Market by Type:

Dyes
Pigments

Market by Application:

Seed Coating
Fertilizers
Crop Protection Products
Turf and Ornamental
Pond/Lake Color
Others

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