DUBLIN--(BUSINESS WIRE)--The "Asia Pacific Vertical Farming Market Analysis (2017-2023)" report has been added to ResearchAndMarkets.com's offering.
The Asia Pacific Vertical Farming Market would witness market growth of 21.1% CAGR during the forecast period 2017-2023
Vertical farming is a process that is used to produce food and medicine in vertically stacked layers, vertically inclined surfaces and/or integrated in other structures (such as in a skyscraper, used warehouse, or shipping container). The vertical farming practice uses indoor farming methods and controlled-environment agriculture (CEA) system, as it possible to fully control environmental factors.
The vertical farming facilities artificially control light, environmental changes (humidity, temperature, gases) and fertigation. The demand for vertical farming is expected to witness significant growth during the forecast period, globally. Factors such as growing popularity of organic foods, rapidly growing urban population, and decrease in arable land are the factors that contribute to the market growth. However, high initial investments and involvement of nascent technology are the factors that would hamper the market growth.
Scope of the Report
- Based on Growth Mechanism, the market report segments the market into Hydroponics, Aeroponics, and Aquaponics.
- Based on Component, the market report segments the market into Lighting, Building Material, Irrigation Component, Sensor, Climate Control, and Others.
Key Topics Covered:
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 3. Asia Pacific Vertical Farming Market
Chapter 4. Asia Pacific Vertical Farming Market by Component
Chapter 5. Asia Pacific Vertical Farming Market by Country
Chapter 6. Company Profiles
- Urban Crops Solutions
- Illumitex, Inc.
- Koninklijke Philips N.V.
- Sky Green Ltd.
- Everlight Electronics Co., Ltd.
- American Hydroponics
- Hort Americas
- Green Sense Farms, LLC
For more information about this report visit https://www.researchandmarkets.com/research/tflqm8/asia_pacific?w=4