Vertical Farming market size is projected to reach USD 9.9 billion by 2026 at a CAGR of 25.2% from USD 3.8 billion in 2021 during the forecast to 2028.
A new Report by Delvens, titled "Vertical Farming Market” offers a comprehensive analysis of the industry, which comprises insights on the Global analysis. The report also includes competitor and regional analysis, and contemporary advancements in the market. Advancements in crystal rectifier (LED) technology and high yield related to vertical farming over standard farming are a number of the factors that have supported semi-permanent growth for Vertical Farming market.
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Regional Analysis
In Asia Pacific, the companies involved in vertical farming are investing and expanding their operations in other countries.
Recent Developments
· Renishaw launched a new free software suite for Renishaw calibration systems at EMO 2015. The suite includes Capture and Explore, which provides data capture and analysis for the XL-80 Vertical Farming system.
· Carl Zeiss launched various industrial metrology products at IMTEX 2017. The product line comprises of Zeiss Stemi 508.
Key Players
· Signify
· Osram
· Freight Farms
· AeroFarms
· sky Greens
· Spread
· Plenty
· Valoya
· Everlight Electronics
· Heliospectra AB and More
Vertical Farming Market is segmented into growth mechanism, structure, and geography.
On the basis of Growth Mechanism
· Hydroponics
· Aeroponics
· Aquaponics
On the basis of Structure
· Building-based vertical farm
· Shipping container-based vertical farm
On the basis of Region
· Asia Pacific
· North America
· Europe
· South America
· Middle East & Africa
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