Home / Information & Technology / Hardware & Software IT Services / Vertical Farming Market
Vertical Farming Market Size, Share & Industry Analysis, By Type (Hydroponics, Aeroponics, and Aquaponics), By Structure (Building-Based Vertical Farms and Shipping-Container Vertical Farms), By Component (Lighting System, Irrigation and Fertigation System, Climate Control, Sensors, and Others), and Regional Forecast, 2024-2032
Report Format: PDF | Published Date: Jun, 2024 | Report ID: FBI101958. | Status : PublishedSummary
TOC
Methodology
Market Segmentation
Frequently Asked Questions
How much will the vertical farming market be worth in 2032?
The market is projected to reach USD 50.10 billion by 2032.
What was the value of the global vertical farming market in 2023?
In 2023, the market stood at USD 5.70 billion.
At what CAGR is the market projected to grow during the forecast period of 2024-2032?
The market is projected to grow at a CAGR of 28.1% in the forecast period.
Which by type segment is expected to lead in the market?
Hydroponics is likely to lead the market.
Which is the key factor driving the market growth?
High nutritional values provided and changes in climatic conditions to accelerate market growth
Who are the top players in the market?
ams-OSRAM AG, Signify Holding, Heliospectra, EVERLIGHT ELECTRONICS CO., LTD., Urban Crop Solutions, AeroFarms, and Freight Farms, Inc. are the top players in the market.
Which region holds the highest market share?
North America holds the highest market share.
Which region is expected to grow at a highest CAGR?
Asia Pacific is expected to grow with the highest CAGR over the forecast period
- Global
- 2023
- 2019-2022
- 120