Impact Analysis of Covid-19
The complete version of the REPORT will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.
Summary
The global Vertical Farming Market is expected to witness a CAGR of xx% over the forecast period 2020-2026 and is expected to reach US$ xx million in 2026, from US$ xx million in 2020.
Overview
Vertical farming is the process of growing plants in vertically stacked stacks. This technique has become a popular choice for many farmers due to the fact that it is a cost-effective way to cultivate organic vegetables, fruits, and other crop products that are higher yield than traditional farming. It also often includes more organic and environmentally controlled agriculture, which aims to maximize crop production, and the use of soil-fertilized composting for improved fertility. In vertical farming, the rows of plants are grown on metal frames with plastic, wooden, or metal supports to provide support as they grow. Since the crops are planted at an angle, it requires less soil to maintain. The global vertical farming market focuses on six regions namely North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. The global vertical farming market is expected to witness significant growth during the forecast period, owing to its high yield and numerous benefits over conventional farming.
Market Drivers
Technological advancements in LED technology are expected to drive growth of the global vertical farming market during the forecast period. Light-emitting diode (LED) technology has been widely adopted in various applications. For instance, in April 2021, Samsung Electronics unveiled its new lighting technology PixCell LED, which will help to improve road safety to enhance driving experience at night. Hence, such factors are expected to drive growth of the global vertical farming market during the forecast period. Furthermore, high yield and numerous benefits over conventional farming are expected to propel the global vertical farming market growth over the forecast period.
Market Restraints
High capital investment and lack of skilled workforce are expected to hinder the global vertical farming market growth over the forecast period.
Regional Insights
Among regions, Asia Pacific is expected to witness significant growth during the forecast period. This is owing to growing awareness regarding the importance of alternative farming and increasing population in the region. Furthermore, Europe is expected to register a robust growth rate, owing to increasing adoption of nanotechnology and robotics for farming in the region.
Competitive Section
Major companies involved in the global vertical farming market are 4D Bios Inc., Sky Greens, AeroFarms, Urban Crop Solutions, Agrilution, Everlight Electronics Co.Ltd., and Koninklijke Philips N.V.
For instance, in June 2020, Smart Acres, a UAE-based company, launched a hydroponic vertical farm.
The Vertical Farming Market report highlights product development and growth strategies such as mergers and acquisitions adopted by market players along with SWOT Analysis, PEST, and Porter’s Five Forces analyses of the Vertical Farming Market, which highlight the strengths, weaknesses, opportunities, and commination of key companies. Moreover, the report offers two distinct market forecasts, one from the perspective of the producer and another from that of the consumer.
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers.
The Key Manufacturers covered in this Report:-
- 4D Bios Inc.
- AeroFarms
- Agrilution
- AMHYDRO (American Hydroponics)
- Everlight Electronics Co.Ltd.
- Hort Americas
- Illumitex Inc.
- Koninklijke Philips N.V.
- Urban Crop Solutions
- Sky Greens
By Product Type, the market is primarily segmented into:
- By Structure
- Building-based Vertical Farms
- Container-based Vertical Farms
By Applications, the market is segmented into:
- By Component
- Irrigation Component
- Lighting
- Sensor
- Climate Control
- Building Material
- Glass Greenhouse
- Plastic Greenhouse
- Others
The report covers the following Regions:
- North America
- United States
- Canada
- Mexico
- Asia Pacific
- China
- Japan
- South Korea
- India
- Australia
- Indonesia
- Thailand
- Malaysia
- Philippines
- Vietnam
- Europe
- Germany
- France
- UK
- Italy
- Russia
- Central & South America
- Middle East & Africa
- Turkey
- GCC Countries
- Egypt
- South Africa
The objective of the Vertical Farming Market Report:
- To assess the size of the market by value and volume
- Analyze the Vertical Farming Market in terms of regions and major countries
- Highlight recent developments and trends in the market
- Offer perceptive data regarding major market players in terms of key developments, strategies, and product portfolio
- Determine share of the Vertical Farming Market in terms of various segments such as by product type, application, and end-user
- Offer accurate projection of the market for the forecast period using state-of-the-art tools and the current primary and secondary research approaches
- Discuss major factors that impact the growth of the Vertical Farming Market
The Vertical Farming Market engages the readers with all pivotal approaches to understand their position in the industry based on revenue or sales growth. The report efficiently evaluates the Vertical Farming Market from various dimensions to deliver an end-product that is informative, elaborate, and accurate and includes detailed market segmentation, regional analysis, and competition in the market. The information in the report is backed by annual company reports, financial reports, press releases, regulatory databases, government documents, and statistical databases.
For the data information by region, company, type, and application, 2020 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders:
- Material suppliers/wholesalers
- Market Distributors/traders
- Regulatory bodies
- Research organizations, and consulting firms
- Commercial research & developments (R&D)
- Trade associations and industry bodies
- Importers and exporters
- End-use industries
Available Customizations:
Custom research is one of the most crucial components of the business strategy that helps an organization gain insight into a specific business sector, aligned with its specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Vertical Farming Market Revenue
1.4 Market Analysis by Type
1.5 Market by Application
1.5.1 Global Vertical Farming Market Share by Application: 2020 VS 2026
1.6 Coronavirus Disease 2019 (Covid-19) Impact: Vertical Farming Market
1.6.1 How the Covid-19 is Affecting the Vertical Farming Market
1.6.1.1 Vertical Farming Market Business Impact Assessment - Covid-19
1.6.2 Market Trends and Vertical Farming Market Potential Opportunities in the COVID-19 Landscape
1.6.3 Measures / Proposal against Covid-19
1.6.3.1 Government Measures to Combat Covid-19 Impact
1.7 Study Objectives
1.8 Years Considered
2 Global Growth Trends by Regions
2.1 Vertical Farming Market Perspective (2015-2026)
2.2 Vertical Farming Market Growth Trends by Regions
2.2.1 Vertical Farming Market Size by Regions: 2015 VS 2020 VS 2026
2.2.2 Vertical Farming Market Historic Market Share by Regions (2015-2020)
2.2.3 Vertical Farming Market Forecasted Market Size by Regions (2021-2026)
2.3 Industry Trends and Growth Strategy
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Challenges
2.3.4 Porters Five Forces Analysis
2.3.5 Vertical Farming Market Growth Strategy
2.3.6 Primary Interviews with Key Vertical Farming Market Players (Opinion Leaders)
3 Competition Landscape by Key Players
3.1 Global Top Vertical Farming Market Players by Market Size
3.1.1 Global Top Vertical Farming Market Players by Revenue (2015-2020)
3.1.2 Global Vertical Farming Market Revenue Market Share by Players (2015-2020)
3.1.3 Global Vertical Farming Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.2 Global Vertical Farming Market Concentration Ratio
3.2.1 Global Vertical Farming Market Concentration Ratio (CR5 and HHI)
3.2.2 Global Top 10 and Top 5 Companies by Vertical Farming Market Revenue in 2019
3.3 Vertical Farming Market Key Players Head office and Area Served
3.4 Key Players Vertical Farming Market Product Solution and Service
3.5 Date of entering into Vertical Farming Market
3.6 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Type (2015-2026)
4.1 Global Vertical Farming Market Historic Market Size by Type (2015-2020)
4.2 Global Vertical Farming Market Forecasted Market Size by Type (2021-2026)
5 Vertical Farming Market Breakdown Data by Application (2015-2026)
5.1 Global Vertical Farming Market Size by Application (2015-2020)
5.2 Global Vertical Farming Market Forecasted Market Size by Application (2021-2026)
6 North America
6.1 North America Vertical Farming Market Size (2015-2020)
6.2 Vertical Farming Market Key Players in North America (2019-2020)
6.3 North America Vertical Farming Market Size by Type (2015-2020)
6.4 North America Vertical Farming Market Size by Application (2015-2020)
7 Europe
7.1 Europe Vertical Farming Market Size (2015-2020)
7.2 Vertical Farming Market Key Players in Europe (2019-2020)
7.3 Europe Vertical Farming Market Size by Type (2015-2020)
7.4 Europe Vertical Farming Market Size by Application (2015-2020)
8 China
8.1 China Vertical Farming Market Size (2015-2020)
8.2 Vertical Farming Market Key Players in China (2019-2020)
8.3 China Vertical Farming Market Size by Type (2015-2020)
8.4 China Vertical Farming Market Size by Application (2015-2020)
9 Japan
9.1 Japan Vertical Farming Market Size (2015-2020)
9.2 Vertical Farming Market Key Players in Japan (2019-2020)
9.3 Japan Vertical Farming Market Size by Type (2015-2020)
9.4 Japan Vertical Farming Market Size by Application (2015-2020)
10 Southeast Asia
10.1 Southeast Asia Vertical Farming Market Size (2015-2020)
10.2 Vertical Farming Market Key Players in Southeast Asia (2019-2020)
10.3 Southeast Asia Vertical Farming Market Size by Type (2015-2020)
10.4 Southeast Asia Vertical Farming Market Size by Application (2015-2020)
11 India
11.1 India Vertical Farming Market Size (2015-2020)
11.2 Vertical Farming Market Key Players in India (2019-2020)
11.3 India Vertical Farming Market Size by Type (2015-2020)
11.4 India Vertical Farming Market Size by Application (2015-2020)
12 Central & South America
12.1 Central & South America Vertical Farming Market Size (2015-2020)
12.2 Vertical Farming Market Key Players in Central & South America (2019-2020)
12.3 Central & South America Vertical Farming Market Size by Type (2015-2020)
12.4 Central & South America Vertical Farming Market Size by Application (2015-2020)
13 Key Players Profiles
13.1 Company Details
13.2 Business Overview and Its Total Revenue
13.3 Vertical Farming Market Introduction
13.4 Vertical Farming Market Business (2015-2020)
13.5 Recent Development
14 Analyst's Viewpoints/Conclusions
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.2 Data Source
15.2 Disclaimer
15.3 Author Details
List of Table
Table 1. Vertical Farming Market Key Market Segments
Table 2. Key Players Covered: Ranking by Vertical Farming Market Revenue
Table 3. Ranking of Global Top Vertical Farming Market Manufacturers by Revenue (US$ Million) in 2019
Table 4. Global Vertical Farming Market Size Growth Rate by Type (US$ Million): 2020 VS 2026
Table 5. COVID-19 Impact Global Market
Table 6. Opportunities and Trends for Vertical Farming Market Players in the COVID-19 Landscape
Table 7. Present Opportunities in China & Elsewhere Due to the Coronavirus Crisis
Table 8. Key Regions/Countries Measures against Covid-19 Impact
Table 9. Proposal for Vertical Farming Market Players to Combat Covid-19 Impact
Table 10. Global Vertical Farming Market Size Growth by Application (US$ Million): 2020 VS 2026
Table 11. Global Vertical Farming Market Size by Regions (US$ Million): 2020 VS 2026
Table 12. Global Vertical Farming Market Size by Regions (2015-2020) (US$ Million)
Table 13. Global Vertical Farming Market Share by Regions (2015-2020)
Table 14. Global Vertical Farming Market Forecasted Market Size by Regions (2021-2026) (US$ Million)
Table 15. Global Vertical Farming Market Share by Regions (2021-2026)
Table 16. Market Top Trends
Table 17. Key Drivers: Impact Analysis
Table 18. Key Challenges
Table 19. Vertical Farming Market Growth Strategy
Table 20. Main Points Interviewed from Key Vertical Farming Market Players
Table 21. Global Vertical Farming Market Revenue by Players (2015-2020) (Million US$)
Table 22. Global Vertical Farming Market Share by Players (2015-2020)
Table 23. Global Top Vertical Farming Market Players by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Vertical Farming Market as of 2019)
Table 24. Global Vertical Farming Market by Players Market Concentration Ratio (CR5 and HHI)
Table 25. Key Players Headquarters and Area Served
Table 26. Key Players Vertical Farming Market Product Solution and Service
Table 27. Date of entering into Vertical Farming Market
Table 28. Mergers & Acquisitions, Expansion Plans
Table 29. Global Vertical Farming Market Size by Type (2015-2020) (Million US$)
Table 30. Global Vertical Farming Market Size Share by Type (2015-2020)
Table 31. Global Vertical Farming Market Revenue Market Share by Type (2021-2026)
Table 31. Global Vertical Farming Market Size Share by Application (2015-2020)
Table 33. Global Vertical Farming Market Size by Application (2015-2020) (Million US$)
Table 34. Global Vertical Farming Market Size Share by Application (2021-2026)
Table 35. North America Key Players Vertical Farming Market Revenue (2019-2020) (Million US$)
Table 36. North America Key Players Vertical Farming Market Share (2019-2020)
Table 37. North America Vertical Farming Market Size by Type (2015-2020) (Million US$)
Table 38. North America Vertical Farming Market Share by Type (2015-2020)
Table 39. North America Vertical Farming Market Size by Application (2015-2020) (Million US$)
Table 40. North America Vertical Farming Market Share by Application (2015-2020)
Table 41. Europe Key Players Vertical Farming Market Revenue (2019-2020) (Million US$)
Table 42. Europe Key Players Vertical Farming Market Share (2019-2020)
Table 43. Europe Vertical Farming Market Size by Type (2015-2020) (Million US$)
Table 44. Europe Vertical Farming Market Share by Type (2015-2020)
Table 45. Europe Vertical Farming Market Size by Application (2015-2020) (Million US$)
Table 46. Europe Vertical Farming Market Share by Application (2015-2020)
Table 47. China Key Players Vertical Farming Market Revenue (2019-2020) (Million US$)
Table 48. China Key Players Vertical Farming Market Share (2019-2020)
Table 49. China Vertical Farming Market Size by Type (2015-2020) (Million US$)
Table 50. China Vertical Farming Market Share by Type (2015-2020)
Table 51. China Vertical Farming Market Size by Application (2015-2020) (Million US$)
Table 52. China Vertical Farming Market Share by Application (2015-2020)
Table 53. Japan Key Players Vertical Farming Market Revenue (2019-2020) (Million US$)
Table 54. Japan Key Players Vertical Farming Market Share (2019-2020)
Table 55. Japan Vertical Farming Market Size by Type (2015-2020) (Million US$)
Table 56. Japan Vertical Farming Market Share by Type (2015-2020)
Table 57. Japan Vertical Farming Market Size by Application (2015-2020) (Million US$)
Table 58. Japan Vertical Farming Market Share by Application (2015-2020)
Table 59. Southeast Asia Key Players Vertical Farming Market Revenue (2019-2020) (Million US$)
Table 60. Southeast Asia Key Players Vertical Farming Market Share (2019-2020)
Table 61. Southeast Asia Vertical Farming Market Size by Type (2015-2020) (Million US$)
Table 62. Southeast Asia Vertical Farming Market Share by Type (2015-2020)
Table 63. Southeast Asia Vertical Farming Market Size by Application (2015-2020) (Million US$)
Table 64. Southeast Asia Vertical Farming Market Share by Application (2015-2020)
Table 65. India Key Players Vertical Farming Market Revenue (2019-2020) (Million US$)
Table 66. India Key Players Vertical Farming Market Share (2019-2020)
Table 67. India Vertical Farming Market Size by Type (2015-2020) (Million US$)
Table 68. India Vertical Farming Market Share by Type (2015-2020)
Table 69. India Vertical Farming Market Size by Application (2015-2020) (Million US$)
Table 70. India Vertical Farming Market Share by Application (2015-2020)
Table 71. Central & South America Key Players Vertical Farming Market Revenue (2019-2020) (Million US$)
Table 72. Central & South America Key Players Vertical Farming Market Share (2019-2020)
Table 73. Central & South America Vertical Farming Market Size by Type (2015-2020) (Million US$)
Table 74. Central & South America Vertical Farming Market Share by Type (2015-2020)
Table 75. Central & South America Vertical Farming Market Size by Application (2015-2020) (Million US$)
Table 76. Central & South America Vertical Farming Market Share by Application (2015-2020)
Table 77. Company Details
Table 78. Business Overview
Table 79. Product details
Table 80. Revenue in Vertical Farming Market Business (2015-2020) (Million US$)
Table 81. Recent Development
List of Figures
Figure 1. Global Vertical Farming Market Share by Type: 2020 VS 2026
Figure 2. Global Vertical Farming Market Share by Application: 2020 VS 2026
Figure 3. Emergency Care Case Studies
Figure 4. Outpatient Facilities Case Studies
Figure 5. Hospitals Case Studies
Figure 6. Home Healthcare Facilities Case Studies
Figure 7. Vertical Farming Market Report Years Considered
Figure 8. Global Vertical Farming Market Size YoY Growth 2015-2026 (US$ Million)
Figure 9. Global Vertical Farming Market Share by Regions: 2020 VS 2026
Figure 10. Global Vertical Farming Market Share by Regions (2021-2026)
Figure 11. Porter's Five Forces Analysis
Figure 12. Global Vertical Farming Market Share by Players in 2019
Figure 13. Global Top Vertical Farming Market Players by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Vertical Farming Market as of 2019
Figure 14. The Top 10 and 5 Players Market Share by Vertical Farming Market Revenue in 2019
Figure 15. North America Vertical Farming Market Size YoY Growth (2015-2020) (Million US$)
Figure 16. Europe Vertical Farming Market Size YoY Growth (2015-2020) (Million US$)
Figure 17. China Vertical Farming Market Size YoY Growth (2015-2020) (Million US$)
Figure 18. Japan Vertical Farming Market Size YoY Growth (2015-2020) (Million US$)
Figure 19. Southeast Asia Vertical Farming Market Size YoY Growth (2015-2020) (Million US$)
Figure 20. India Vertical Farming Market Size YoY Growth (2015-2020) (Million US$)
Figure 21. Central & South America Vertical Farming Market Size YoY Growth (2015-2020) (Million US$)
Figure 22. Bottom-up and Top-down Approaches for This Report
Figure 23. Data Triangulation
Figure 24. Key Executives Interviewed
