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Vertical Farming Market by Functional Device (Lighting, Hydroponic Component, Climate Control, and Sensors), Growth Mechanism (Aeroponics, Hydroponics, and Others) and by Geography - Global Forecast to 2020

Vertical Farming Market by Functional Device (Lighting, Hydroponic Component, Climate Control, and Sensors), Growth Mechanism (Aeroponics, Hydroponics, and Others) and by Geography - Global Forecast to 2020

The vertical farming market is expected to reach USD 3.88 billion by 2020, at a CAGR of 30.7% between 2015 and 2020. The major driving factors for the vertical farming market are need for high quality of food with no use of pesticides, no crop failures related to weather, increasing urban population, and growth in the year round production of crops.

“Lighting & hydroponic components dominates the functional devices segment of vertical farming market during the forecast period between 2015 and 2020”
The lighting component is expected to dominate the functional device segment of vertical farming market as traditional lighting systems are being replaced by energy-efficient LEDs designed to accelerate plant growth by emitting electromagnetic spectrum ideal for photosynthesis. Hydroponics held the second-largest market size and has many advantages such as no need of soil, low cost of water because of recycling, lower nutrition costs owing to low wastage, which ensures stable and high yields.

“The APAC held the largest market share during the forecast period between 2015 and 2020”
The factors such as continuous growth in urban population, low availability of cultivable land, demand for high quality food, and government incentives in countries such as China, Singapore, and Japan are driving the vertical farming market in the APAC region.

In the process of determining and verifying the market size for several segments and sub-segments gathered through secondary research, extensive primary interviews were conducted with key people. Break-up of profile of primary participants is given below as:
By Company Type: Tier 1 – 20 %, Tier 2 – 35% and Tier 3 – 45%
By Designation: C level – 80%, Director level – 20%
By Region: North America – 50%, Europe – 30%, APAC – 10%, RoW – 10%
The geographic segmentation covers four major regions of the world, namely, the North America, Europe, Asia-Pacific, and the Rest of the World (RoW). The report also profiles major players in the Situational Awareness market. The major players in this market include Aerofarms (U.S.), FarmedHere (U.S.), Koninklijke Philips N.V. (Netherlands), Illumitex, Inc. (U.S.), and Sky Greens (Singapore).

Reasons to buy the report:
This report caters to the needs of leading companies, end users, and other related stakeholders in this market. Other parties that could benefit from the report include government bodies, environmental agencies, consulting firms, business development executives, C-level employees, and VPs. Our report would help you analyze new opportunities and potential revenue sources and enhance your decision -making process for new business strategies. The quantitative and qualitative information in the report along with our comprehensive analysis would help you gain an edge in the market.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • STUDY SCOPE
      • MARKETS COVERED
    • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • FACTOR ANALYSIS
      • INTRODUCTION
      • DEMAND-SIDE ANALYSIS
      • SUPPLY-SIDE ANALYSIS
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN AND DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
      • ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES IN THE VERTICAL FARMING MARKET
    • VERTICAL FARMING MARKET, BY FUNCTIONAL DEVICE
    • VERTICAL FARMING MARKET, BY GROWTH MECHANISM AND REGION
    • REGIONAL ANALYSIS OF THE VERTICAL FARMING MARKET
    • LIFECYCLE CYCLE ANALYSIS, BY GROWTH MECHANISM
  • MARKET OVERVIEW
    • INTRODUCTION
    • EVOLUTION OF VERTICAL FARMING
    • MARKET SEGMENTATION
      • VERTICAL FARMING MARKET, BY FUNCTIONAL DEVICE
      • VERTICAL FARMING MARKET, BY GROWTH MECHANISM
      • VERTICAL FARMING MARKET, BY CROP TYPE
      • VERTICAL FARMING MARKET, BY GEOGRAPHY
    • MARKET DYNAMICS
      • DRIVERS
        • Table THE BIGGEST DRIVER ON THE PRODUCER SIDE OF THE INDUSTRY EXPECTED TO BE THE CONSUMERS DESIRE TO PURCHASE LOCALLY GROWN FOOD
      • RESTRAINTS
        • Table LACK OF KNOWLEDGE AND LESS ACCESS TO INFORMATION-THE BIGGEST BARRIER TO ENTRY
      • OPPORTUNITIES
        • Table PESTICIDE- FREE FOOD FOR PATIENT
      • CHALLENGES
        • Table LARGE SCALE PRODUCTION IS MAJOR CHALLENGES
  • INDUSTRY TRENDS
    • INTRODUCTION
    • VALUE CHAIN ANALYSIS
    • PORTER'S FIVE FORCES ANALYSIS
      • Table PORTER'S FIVE FORCES ANALYSIS: VERTICAL FARMING
      • BARGAINING POWER OF SUPPLIERS
      • BARGAINING POWER OF BUYERS
      • THREAT OF NEW ENTRANTS
      • THREAT OF SUBSTITUTES
      • INTENSITY OF COMPETITIVE RIVALRY
    • PEST ANALYSIS
      • POLITICAL FACTORS
      • ECONOMIC FACTORS
      • SOCIAL FACTORS
      • TECHNOLOGICAL FACTORS
  • VERTICAL FARMING MARKET, BY FUNCTIONAL DEVICE
    • INTRODUCTION
      • Table VERTICAL FARMING MARKET SIZE, BY FUNCTIONAL DEVICE, 2013-2020 (USD MILLION)
    • LIGHTING
      • Table VERTICAL FARMING MARKET SIZE FOR FUNCTIONAL DEVICE, BY LIGHTING, 2013-2020 (USD MILLION)
      • GROW LIGHT
        • Table VERTICAL FARMING MARKET SIZE FOR LIGHTING DEVICE, BY GROW LIGHT, 2013-2020 (USD MILLION)
      • GROW LIGHT REFLECTORS
      • GROW LIGHT BALLASTS
    • HYDROPONICS COMPONENTS
      • PUMPS & IRRIGATION
      • METERS & SOLUTIONS
      • WATER FILTRATION
      • OTHERS
        • Table VERTICAL FARMING MARKET SIZE FOR FUNCTIONAL DEVICE, BY HYDROPONIC COMPONENT, 2013-2020 (USD MILLION)
    • CLIMATE CONTROL
      • VENTILATION FANS
      • AIR PURIFICATION/CONTROL
      • OTHERS
        • Table VERTICAL FARMING MARKET SIZE FOR FUNCTIONAL DEVICE, BY CLIMATE CONTROL, 2013-2020 (USD MILLION)
    • SENSOR
      • CO2 SENSOR
      • NUTRIENT SENSOR
      • PH SENSOR
      • CROP SENSOR
      • OTHERS
        • Table VERTICAL FARMING MARKET SIZE FOR FUNCTIONAL DEVICE, BY SENSOR, 2013-2020 (USD MILLION)
        • Table NORTH AMERICA: VERTICAL FARMING MARKET SIZE, BY FUNCTIONAL DEVICE, 2013-2020 (USD MILLION)
        • Table U.S.: VERTICAL FARMING MARKET SIZE, BY FUNCTIONAL DEVICE, 2013-2020 (USD MILLION)
        • Table CANADA: VERTICAL FARMING MARKET SIZE, BY FUNCTIONAL DEVICE, 2013-2020 (USD MILLION)
        • Table MEXICO: VERTICAL FARMING MARKET SIZE, BY FUNCTIONAL DEVICE, 2013-2020 (USD MILLION)
        • Table EUROPE: VERTICAL FARMING MARKET SIZE, BY FUNCTIONAL DEVICE, 2013-2020 (USD MILLION)
        • Table GERMANY: VERTICAL FARMING MARKET SIZE, BY FUNCTIONAL DEVICE, 2013-2020 (USD MILLION)
        • Table SWEDEN: VERTICAL FARMING MARKET SIZE, BY FUNCTIONAL DEVICE, 2013-2020 (USD MILLION)
        • Table THE NETHERLANDS: VERTICAL FARMING MARKET SIZE, BY FUNCTIONAL DEVICE, 2013-2020 (USD MILLION)
        • Table REST OF EUROPE: VERTICAL FARMING MARKET SIZE, BY FUNCTIONAL DEVICE, 2013-2020 (USD MILLION)
        • Table APAC: VERTICAL FARMING MARKET SIZE, BY FUNCTIONAL DEVICE, 2013-2020 (USD MILLION)
        • Table JAPAN: VERTICAL FARMING MARKET SIZE, BY FUNCTIONAL DEVICE, 2013-2020 (USD MILLION)
        • Table SINGAPORE: VERTICAL FARMING MARKET SIZE, BY FUNCTIONAL DEVICE, 2013-2020 (USD MILLION)
        • Table SOUTH KOREA: VERTICAL FARMING MARKET SIZE, BY FUNCTIONAL DEVICE, 2013-2020 (USD MILLION)
        • Table CHINA: VERTICAL FARMING MARKET SIZE, BY FUNCTIONAL DEVICE, 2013-2020 (USD MILLION)
        • Table REST OF APAC: VERTICAL FARMING MARKET SIZE, BY FUNCTIONAL DEVICE, 2013-2020 (USD MILLION)
        • Table ROW: VERTICAL FARMING MARKET SIZE, BY FUNCTIONAL DEVICE, 2013-2020 (USD MILLION)
        • Table MIDDLE EAST: VERTICAL FARMING MARKET SIZE, BY FUNCTIONAL DEVICE, 2013-2020 (USD MILLION)
        • Table AFRICA: VERTICAL FARMING MARKET SIZE, BY FUNCTIONAL DEVICE, 2013-2020 (USD MILLION)
        • Table SOUTH AMERICA: VERTICAL FARMING MARKET SIZE, BY FUNCTIONAL DEVICE, 2013-2020 (USD MILLION)
  • VERTICAL FARMING MARKET, BY GROWTH MECHANISM
    • INTRODUCTION
    • AEROPONICS
    • HYDROPONICS
    • OTHERS
      • Table VERTICAL FARMING MARKET SIZE, BY GROWTH MECHANISM, 2013-2020 (USD MILLION)
      • Table NORTH AMERICA: VERTICAL FARMING MARKET SIZE, BY GROWTH MECHANISM, 2013-2020 (USD MILLION)
      • Table U.S.: VERTICAL FARMING MARKET SIZE, BY GROWTH MECHANISM, 2013-2020 (USD MILLION)
      • Table CANADA: VERTICAL FARMING MARKET SIZE, BY GROWTH MECHANISM, 2013-2020 (USD MILLION)
      • Table MEXICO: VERTICAL FARMING MARKET SIZE, BY GROWTH MECHANISM, 2013-2020 (USD MILLION)
      • Table EUROPE: VERTICAL FARMING MARKET SIZE, BY GROWTH MECHANISM, 2013-2020 (USD MILLION)
      • Table GERMANY: VERTICAL FARMING MARKET SIZE, BY GROWTH MECHANISM, 2013-2020 (USD MILLION)
      • Table SWEDEN: VERTICAL FARMING MARKET SIZE, BY GROWTH MECHANISM, 2013-2020 (USD MILLION)
      • Table THE NETHERLANDS: VERTICAL FARMING MARKET SIZE, BY GROWTH MECHANISM, 2013-2020 (USD MILLION)
      • Table REST OF THE EUROPE: VERTICAL FARMING MARKET SIZE, BY GROWTH MECHANISM, 2013-2020 (USD MILLION)
      • Table APAC: VERTICAL FARMING MARKET SIZE, BY GROWTH MECHANISM, 2013-2020 (USD MILLION)
      • Table JAPAN: VERTICAL FARMING MARKET SIZE, BY GROWTH MECHANISM, 2013-2020 (USD MILLION)
      • Table SINGAPORE: VERTICAL FARMING MARKET SIZE, BY GROWTH MECHANISM, 2013-2020 (USD MILLION)
      • Table SOUTH KOREA: VERTICAL FARMING MARKET SIZE, BY GROWTH MECHANISM, 2013-2020 (USD MILLION)
      • Table CHINA: VERTICAL FARMING MARKET SIZE, BY GROWTH MECHANISM, 2013-2020 (USD MILLION)
      • Table REST OF THE APAC: VERTICAL FARMING MARKET SIZE, BY GROWTH MECHANISM, 2013-2020 (USD MILLION)
      • Table ROW: VERTICAL FARMING MARKET SIZE, BY GROWTH MECHANISM, 2013-2020 (USD MILLION)
      • Table MIDDLE EAST: VERTICAL FARMING MARKET SIZE, BY GROWTH MECHANISM, 2013-2020 (USD MILLION)
      • Table AFRICA: VERTICAL FARMING MARKET SIZE, BY GROWTH MECHANISM, 2013-2020 (USD MILLION)
      • Table SOUTH AMERICA: VERTICAL FARMING MARKET SIZE, BY GROWTH MECHANISM, 2013-2020 (USD MILLION)
  • VERTICAL FARMING MARKET, BY CROP TYPE
    • INTRODUCTION
    • GROWING DEMAND FOR FRUITS & VEGETABLES
      • LEAFY GREEN VEGETABLES IN VERTICAL FARMING
      • STRAWBERRIES IN VERTICAL FARMING
      • VERTICAL FARMING MARKET SIZE, BY REGION
        • Table VERTICAL FARMING MARKET, BY REGION, 2013-2020 (USD MILLION)
      • VERTICAL FARMING MARKET, BY CROP TYPE
        • Table VERTICAL FARMING MARKET SIZE, BY CROP TYPE, 2013-2020 (USD MILLION)
        • Table NORTH AMERICA: VERTICAL FARMING MARKET, BY CROP TYPE, 2013-2020 (USD MILLION)
        • Table NORTH AMERICA: VERTICAL FARMING MARKET, BY COUNTRY, 2013-2020 (USD MILLION)
        • Table ASIA-PACIFIC VERTICAL FARMING MARKET, BY CROP TYPE, 2013-2020 (USD MILLION)
        • Table ASIA-PACIFIC VERTICAL FARMING MARKET, BY COUNTRY, 2013-2020 (USD MILLION)
        • Table EUROPE VERTICAL FARMING MARKET, BY CROP TYPE, 2013-2020 (USD MILLION)
        • Table EUROPE VERTICAL FARMING MARKET, BY COUNTRY, 2013-2020 (USD MILLION)
        • Table ROW: VERTICAL FARMING MARKET, BY CROP TYPE, 2013-2020 (USD MILLION)
        • Table ROW: VERTICAL FARMING MARKET, BY COUNTRY, 2013-2020 (USD MILLION)
    • MARKET TRENDS
      • NORTH AMERICA
      • ASIA-PACIFIC
      • EUROPE
  • GEOGRAPHIC ANALYSIS
    • INTRODUCTION
      • Table VERTICAL FARMING MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
      • Table LIGHTING DEVICE MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
      • Table HYDROPONIC COMPONENTS MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
      • Table CLIMATE CONTROL DEVICE MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
      • Table SENSOR MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
      • Table AEROPONICS: VERTICAL FARMING MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
      • Table HYDROPONICS: VERTICAL FARMING MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
      • Table OTHERS: VERTICAL FARMING MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
    • NORTH AMERICA
      • U.S.
      • CANADA
      • MEXICO
        • Table NORTH AMERICA: VERTICAL FARMING MARKET SIZE, BY COUNTRY, 2013-2020 (USD MILLION)
        • Table NORTH AMERICA: LIGHTING DEVICE MARKET SIZE, BY COUNTRY, 2013-2020 (USD MILLION)
        • Table NORTH AMERICA: HYDROPONIC COMPONENTS MARKET SIZE, BY COUNTRY, 2013-2020 (USD MILLION)
        • Table NORTH AMERICA: CLIMATE CONTROL DEVICE MARKET SIZE, BY COUNTRY, 2013-2020 (USD MILLION)
        • Table NORTH AMERICA: SENSOR MARKET SIZE, BY COUNTRY, 2013-2020 (USD MILLION)
    • EUROPE
      • GERMANY
      • SWEDEN
      • THE NETHERLANDS
      • REST OF EUROPE
        • Table EUROPE: VERTICAL FARMING MARKET SIZE, BY COUNTRY, 2013-2020 (USD MILLION)
        • Table EUROPE: LIGHTING DEVICE MARKET SIZE, BY COUNTRY, 2013-2020 (USD MILLION)
        • Table EUROPE: HYDROPONIC COMPONENTS MARKET SIZE, BY COUNTRY, 2013-2020 (USD MILLION)
        • Table EUROPE: CLIMATE CONTROL MARKET SIZE, BY COUNTRY, 2013-2020 (USD MILLION)
        • Table EUROPE: SENSOR MARKET SIZE, BY COUNTRY, 2013-2020 (USD MILLION)
    • APAC
      • JAPAN
      • SINGAPORE
      • SOUTH KOREA
      • CHINA
      • REST OF APAC
        • Table APAC: VERTICAL FARMING MARKET SIZE, BY COUNTRY, 2013-2020 (USD MILLION)
        • Table APAC: LIGHTING DEVICE MARKET SIZE, BY COUNTRY, 2013-2020 (USD MILLION)
        • Table APAC: HYDROPONIC COMPONENTS MARKET SIZE, BY COUNTRY, 2013-2020 (USD MILLION)
        • Table APAC: CLIMATE CONTROL DEVICE MARKET SIZE, BY COUNTRY, 2013-2020 (USD MILLION)
        • Table APAC: SENSOR MARKET SIZE, BY COUNTRY, 2013-2020 (USD MILLION)
    • ROW
      • MIDDLE EAST
      • AFRICA
      • SOUTH AMERICA
        • Table ROW: VERTICAL FARMING MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
        • Table ROW: LIGHTING DEVICE MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
        • Table ROW: HYDROPONIC COMPONENTS MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
        • Table ROW: CLIMATE CONTROL DEVICE MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
        • Table ROW: SENSOR MARKET SIZE, BY REGION, 2013-2020 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • MARKET RANKING ANALYSIS
      • Table MARKET RANKING OF THE TOP 5 PLAYERS IN THE VERTICAL FARMING MARKET 2014
    • COMPETITIVE SITUATION AND TRENDS
      • NEW PRODUCT LAUNCHES
        • Table NEW PRODUCT LAUNCHES (2010-2015)
      • PARTNERSHIPS & JOINT VENTURES
        • Table PARTNERSHIPS & JOINT VENTURES (2010-2015)
  • COMPANY PROFILES
    • INTRODUCTION
    • AEROFARMS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • FARMEDHERE
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • ILLUMITEX, INC.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • KONINKLIJKE PHILIPS N.V
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • SKY GREEN
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • EVERLIGHT ELECTRONICS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • GREEN SENSE FARMS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • AMERICAN HYDROPONICS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • HORT AMERICAS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENT
    • AGRILUTION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • MOFLO AEROPONICS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • 0RECENT DEVELOPMENTS
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • INTRODUCING RT: REAL TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS

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