Vertical Farming Industry Drivers, Segments, Merger, Acquisition, SWOT Analysis, PESTELE Analysis

The Global Vertical Farming Market report offers in-depth information and assessment of the key statistical data pertaining to the Vertical Farming market size, share, growth factors, key drivers, restraints, growth prospects, current and emerging trends, and other vital information. The report has been generated through deep and thorough primary and secondary research with the crucial statistical data validated and verified from industry experts, analysts, and professionals. The report contains abridged information about historical, current, and forecast estimation of each sector, segment, and region of the Global Vertical Farming market. The report further includes an insightful coverage of the key players of the Vertical Farming market along with extensive research on their business strategies and expansion plans.

Key Highlights From The Report

· In March 2020, an expansion of collaboration between Signify and Planet Farms, an operator of vertical farms based in Italy, Europe. The collaboration is expected to boost the quality and yield of the crops with the help of the Philips GreenPower LED production.

· Shipping container-based vertical farms held the largest market share of 63.5% in 2019 due to the scarcity of the arable lands. Moreover, the ease of transportation and less requirement of land for the installation of the shipping container is expected to drive the growth of the segment.

· The lighting segment accounted for the largest market share of the vertical farming market in 2019 as the lighting devices help in the faster growth of the plant. The LED lighting technology is increasingly being used by the horticulture farmers due to the enhanced efficiency and long lifespan of the technologically advanced LEDs.

· The Asia Pacific region held the largest market share of the vertical farming market in 2019 due to the growing demand for food owing to the rising global population. The scarcity of arable lands in the densely populated countries is also a driving factor for the region's growth.

· Key participants include Freight Farms, Signify, Osram, Aerofarms, BrightFarms, Everlight Electronics, HELIOSPECTRA AB, Illumitex, Inc., AGRICOOL, and SKY GREENS, among others.

The report begins with basic information about the market, such as definitions, applications, classifications, value chain analysis, among others, to facilitate a better understanding among the readers. The market offers a panoramic view of the industry through a thorough analysis of the key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Detailed Analysis of the Regions of the Vertical Farming Market Include Regions such as:

· North America (U.S., Canada)

· Europe (U.K., Italy, Germany, France, Rest of EU)

· Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

· Latin America (Chile, Brazil, Argentina, Rest of Latin America)

· Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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