Vertical Farming Market by Component (Irrigation Component, Lighting, Sensor, Climate Control, Building Material, and Others), Structure (Building Based Vertical Farms and Container Based Vertical Farms) and Growth Mechanism (Hydroponics, Aeroponics, and Aquaponics): Global Opportunity Analysis and Industry Forecast, 2021–2027

ID: VPR/SEM/275 Publishing Year: February 2021 Pages: 118 Format:   


Global Vertical Farming Market was valued at $ XX billion in 2019, and is expected to reach $ XX billion by 2027, registering a CAGR of XX% from 2021 to 2027

Vertical Farming is that the practice of growing crops in vertically stacked layers it's a revolutionary approach wont to produce food and medicinal plants as in an exceeding skyscraper, used warehouse, or shipping container. It facilitates huge quantity of nutritious and quality fresh foods without hopping on favorable weather, high water usage, skilled labor, and high soil fertility moreover it ensures reliable yield and consistency in crop production around the year together with climate control, and no effects of external environment factors like diseases, pests, or predator attacks. the opposite benefits of Vertical Farming Technology include the utilization of controlled-environment agriculture technology and indoor farming techniques, where all environmental factors is controlled for the event of the crop and also the enables profitability for several organizations so as to fulfill their Corporate Social Responsibility (CSR) through sustainable agricultural practices.

The Technologies used in this farming enables us to keep track of plant growth and harvesting it makes optimum use of vertical space and balanced energy utilization. The Factors Driving the Vertical Farming Market are rapidly growing global population and the demand for higher agricultural yields with limited arable land, rise in popularity of organic food, and concerns among consumers pertaining to health. However, limitations to a variety of crops grown, the high initial investment is required for setting the indoor vertical structure, and technologies involved in vertical farming are nascent are factors restraining the market growth. Furthermore, the adoption of technology will increase market growth.

Segment Insight:

The Global Vertical Farming Market is segmented into farm structure, component and growth mechanism. On the basis of structure, it is classified by building-based vertical farms and container-based vertical farms. On the basis of components, the market is classified into irrigation components, lighting, sensor, climate control, building material, and others. On the growth mechanism, the market is segmented into hydroponics, aeroponics, and aquaponics.

By Structure Type Insight:

On the basis of structure, it is building-based Vertical Farms and container-based Vertical Farms. Building-based Vertical Farms are farming done in buildings in cities. Container-based Vertical Farms are modular chambers for growing a variety of plants.

By Component Type Insight:

On the basis of components, the market is classified into irrigation components, lighting, sensor, climate control, building material, and others. Irrigation components include sprinklers, micro emitters, drip emitters, swivel emitters. Lighting sensors detect thunderstorm conditions. Climate control measures climatic conditions and cabin air temperature. Building material is material used for construction.

By Growth Mechanism Type Insight:

Depending on the growth mechanism, the market is classified into hydroponics, aeroponics, and aquaponics. Hydroponics is a method of growing plants without soil by using nutrient solutions. Aeroponics is processed here roots are hanged and the nutrients are provided in the form of mist.

Key Market Players of Vertical Farming Market:

4D Bios Inc., AeroFarms, Agrilution, AMHYDRO (American Hydroponics), Everlight Electronics Co., Ltd, Hort Americas, Illumitex Inc., Koninklijke Philips N.V., Urban Crop Solutions, and Sky Greens.

Most of the key players in Vertical Farming Market are focusing on business expansion to gain a higher revenue share through the adoption of strategies, such as mergers and acquisitions and new product development.

Vertical Farming Market Key Segments:

By Structure

  • Building-based Vertical Farms
  • Container-based Vertical Farms

By Component

  • Irrigation Component 
  • Lighting 
  • Sensor 
  • Climate Control
  • Building Material 
  • Glass Greenhouse
  • Plastic Greenhouse
  • Others

By Growth Mechanism

  • Hydroponics
  • Aeroponics
  • Aquaponics

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • Japan
    • China
    • India
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • Argentina
    • Turkey
    • South Africa
    • Rest of LAMEA


Frequently Asked Questions
4D Bios Inc., AeroFarms, Agrilution, AMHYDRO (American Hydroponics), Everlight Electronics Co., Ltd, Hort Americas, Illumitex Inc., Koninklijke Philips N.V., Urban Crop Solutions, and Sky Greens are the Major Key Players in Vertical Farming Market.
Building based farmingis the Leading Structure Type Segment in the in the Vertical Farming Market.
Growing Global Population and the demand for higher agricultural yields with limited arable land and rise in popularity of organic food and concerns among consumers are the Major Factors Driving the Vertical Farming Market.

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( +91-935-919-4956 )

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