Dublin, Jan. 18, 2017 (GLOBE NEWSWIRE) -- Research and Markets has announced the addition of the "Global Vertical Farming Market Analysis & Forecast, 2016-2022" report to their offering.
The global vertical farming market is expected to grow at a CAGR of 27.77% through 2015 to 2022.
The report puts special emphasis on the market share of the components employed in vertical farming, owing to the changing paradigms in the industry. In spite of this, due to the high capital investment and lack of government support, a majority of potential new entrants resist from adopting vertical farming methods. The report further includes a thorough analysis of the impact of the five major forces to understand the overall attractiveness of the industry. This segment also focuses on the evolving key trends and value chain of vertical farming industry.
The emerging need of sustainable farming operations, decreasing arable land and scarcity of natural resources enabled the introduction of vertical farming at the global level. The market largely comprises of growth mechanisms, components and fixtures required for the viable vertical farming operations. The growth in the market is accredited to the overall cost effectiveness of the technology, increasing global food demand and the customization option provided to the users.
The most often used strategy for developing a better hold on to the market has been through product launches, followed by partnerships & collaborations. Moreover, the company profile section highlights significant information about the key companies involved along with their financial positions, key strategies& developmental activities of recent years.
Further, the report includes an exhaustive analysis of the geographical split into North America, Europe, Asia-Pacific, and Rest of the World (ROW). Each geography details the individual push and pull forces in addition to the key players from that region.
The prominent players operating in the global vertical farming market are Aerofarms, Illumitex, Koninklijke Philips, Everlight Electronics, and FarmedHere among others.
Key Topics Covered:
Executive Summary
1 Report Scope and Methodology
1.1 Scope of the Report
1.2 The Vertical Farming Market Research Methodology
2 Industry Analysis
2.1 Regulatory Framework
2.1.1 Association for Vertical Farming
2.1.2 Urban Agriculture & Vertical Farming Act of 2014
2.1.3 Urban Agriculture State Legislation
2.2 Value Chain Analysis
2.3 Future Trends in the Vertical Farming Market
2.4 Vertical Farming Investment Landscape
3 Market Dynamics
3.1 Market Drivers
3.1.1 Customizable Environment
3.1.2 Stabilized Yearly Food Supply
3.1.3 Overall Cost Effectiveness
3.1.4 Increasing Population Leading to Growing Food Demand
3.2 Market Restraints
3.2.1 High Initial Investment
3.2.2 Lack Of Awareness About the Practice
3.2.3 Lack of Crop Varieties Suitable for Vertical Farming
3.2.4 Lack of Government Support
3.3 Market Opportunities
3.3.1 Decreasing Arable Land
3.3.2 Deals with Dermatological Problems
3.3.3 Favourable for the Production of Biopharmaceuticals & Sensitive Crops
3.3.4 Global Climate Change
3.3.5 Developments in the Field of Renewable Energy
4 Competitive Insights
4.1 Key Strategies & Developments in Vertical Farming Market
4.1.1 Partnerships, Collaborations & Joint Ventures
4.1.2 Product Launches
4.1.3 Business Expansion
4.1.4 Others (Events & Recognitions)
4.2 Industry Attractiveness
5 Vertical Farming Market by Components
5.1 Market Overview
5.2 Lighting Devices
5.3 Hydroponic Components
5.4 Climate Control
5.5 Sensing Devices
6 Vertical Farming Market by Growth Mechanism
6.1 Market Overview
6.2 Aeroponics
6.3 Hydroponics
6.4 Others
7 Vertical Farming Market by Geography
8 Company Profiles
- Aero Farms
- Agrilution
- American Hydroponics
- Everlight Electronics co. Ltd
- Hort Americas
- Illumitex Inc.
- Indoor Harvest Corporation
- Koninklijke Philips n.v
- Moflo Aeroponics
For more information about this report visit http://www.researchandmarkets.com/research/36gt22/global_vertical