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Synopsis
Prime agricultural land can be scarce and expensive. With worldwide population growth, the demand for both more food and more land to grow food is ever increasing. One solution to our need for more space is vertical farming, involves growing crops in controlled Vegetable Cultivation environments, with precise light, nutrients, and temperatures. In vertical farming, growing plants are stacked in layers that may reach several stories tall.
The global Vertical Farming & Plant Factory market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Vertical Farming & Plant Factory in various end use industries. The expanding demands from the Farms and Other, are propelling Vertical Farming & Plant Factory market. Lighting, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Hydroponic Component segment is estimated at % CAGR for the next seven-year period.
Global Vertical Farming and Plant Factory main players are AeroFarms, Gotham Greens, Spread, Nongzhong Wulian, etc. Global top four manufacturers hold a share about 10%. North America is the largest market, with a share over 55%.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Vertical Farming & Plant Factory, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Vertical Farming & Plant Factory market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Vertical Farming & Plant Factory market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Vertical Farming & Plant Factory sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Vertical Farming & Plant Factory covered in this report include AeroFarms, Aizufujikako Co., Ltd., Everlight Electronics, Genesis Photonics(GPI), Gotham Greens, Granpa Co., Ltd., Hon Hai, Hydrofarm and Inventec, etc.
The global Vertical Farming & Plant Factory market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
- AeroFarms
- Aizufujikako Co., Ltd.
- Everlight Electronics
- Genesis Photonics(GPI)
- Gotham Greens
- Granpa Co., Ltd.
- Hon Hai
- Hydrofarm
- Inventec
- Iwasaki Electric
- JGC
- Jingpeng Solar Powered Plant Factory
- Natural Vitality
- Nihon Advanced Agri Corporation
- Ozu Corporation
- Philips Horticulture Lamps
- Rambridge
- Ringdale ActiveLED
- Rockwool Group
- Ryobi Holdings
Global Vertical Farming & Plant Factory market, by region:
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, UK, Italy, etc.)
- Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
- South America (Brazil, etc.)
- Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Vertical Farming & Plant Factory market, Segment by Type:
- Lighting
- Hydroponic Component
- Climate Control
- Sensors
Global Vertical Farming & Plant Factory market, by Application
- Farms
- Other
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Vertical Farming & Plant Factory manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Vertical Farming & Plant Factory in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Vertical Farming & Plant Factory Market Overview
1.1 Vertical Farming & Plant Factory Product Overview
1.2 Vertical Farming & Plant Factory Market Segment by Type
1.2.1 Lighting
1.2.2 Hydroponic Component
1.2.3 Climate Control
1.2.4 Sensors
1.3 Global Vertical Farming & Plant Factory Market Size by Type
1.3.1 Global Vertical Farming & Plant Factory Market Size Overview by Type (2018-2029)
1.3.2 Global Vertical Farming & Plant Factory Historic Market Size Review by Type (2018-2023)
1.3.3 Global Vertical Farming & Plant Factory Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Vertical Farming & Plant Factory Sales Breakdown by Type (2018-2023)
1.4.2 Europe Vertical Farming & Plant Factory Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Vertical Farming & Plant Factory Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Vertical Farming & Plant Factory Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Vertical Farming & Plant Factory Sales Breakdown by Type (2018-2023)
2 Global Vertical Farming & Plant Factory Market Competition by Company
2.1 Global Top Players by Vertical Farming & Plant Factory Sales (2018-2023)
2.2 Global Top Players by Vertical Farming & Plant Factory Revenue (2018-2023)
2.3 Global Top Players by Vertical Farming & Plant Factory Price (2018-2023)
2.4 Global Top Manufacturers Vertical Farming & Plant Factory Manufacturing Base Distribution, Sales Area, Product Type
2.5 Vertical Farming & Plant Factory Market Competitive Situation and Trends
2.5.1 Vertical Farming & Plant Factory Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Vertical Farming & Plant Factory Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Vertical Farming & Plant Factory as of 2022)
2.7 Date of Key Manufacturers Enter into Vertical Farming & Plant Factory Market
2.8 Key Manufacturers Vertical Farming & Plant Factory Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Vertical Farming & Plant Factory Status and Outlook by Region
3.1 Global Vertical Farming & Plant Factory Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Vertical Farming & Plant Factory Historic Market Size by Region
3.2.1 Global Vertical Farming & Plant Factory Sales in Volume by Region (2018-2023)
3.2.2 Global Vertical Farming & Plant Factory Sales in Value by Region (2018-2023)
3.2.3 Global Vertical Farming & Plant Factory Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Vertical Farming & Plant Factory Forecasted Market Size by Region
3.3.1 Global Vertical Farming & Plant Factory Sales in Volume by Region (2024-2029)
3.3.2 Global Vertical Farming & Plant Factory Sales in Value by Region (2024-2029)
3.3.3 Global Vertical Farming & Plant Factory Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Vertical Farming & Plant Factory by Application
4.1 Vertical Farming & Plant Factory Market Segment by Application
4.1.1 Farms
4.1.2 Other
4.2 Global Vertical Farming & Plant Factory Market Size by Application
4.2.1 Global Vertical Farming & Plant Factory Market Size Overview by Application (2018-2029)
4.2.2 Global Vertical Farming & Plant Factory Historic Market Size Review by Application (2018-2023)
4.2.3 Global Vertical Farming & Plant Factory Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Vertical Farming & Plant Factory Sales Breakdown by Application (2018-2023)
4.3.2 Europe Vertical Farming & Plant Factory Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Vertical Farming & Plant Factory Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Vertical Farming & Plant Factory Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Vertical Farming & Plant Factory Sales Breakdown by Application (2018-2023)
5 North America Vertical Farming & Plant Factory by Country
5.1 North America Vertical Farming & Plant Factory Historic Market Size by Country
5.1.1 North America Vertical Farming & Plant Factory Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Vertical Farming & Plant Factory Sales in Volume by Country (2018-2023)
5.1.3 North America Vertical Farming & Plant Factory Sales in Value by Country (2018-2023)
5.2 North America Vertical Farming & Plant Factory Forecasted Market Size by Country
5.2.1 North America Vertical Farming & Plant Factory Sales in Volume by Country (2024-2029)
5.2.2 North America Vertical Farming & Plant Factory Sales in Value by Country (2024-2029)
6 Europe Vertical Farming & Plant Factory by Country
6.1 Europe Vertical Farming & Plant Factory Historic Market Size by Country
6.1.1 Europe Vertical Farming & Plant Factory Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Vertical Farming & Plant Factory Sales in Volume by Country (2018-2023)
6.1.3 Europe Vertical Farming & Plant Factory Sales in Value by Country (2018-2023)
6.2 Europe Vertical Farming & Plant Factory Forecasted Market Size by Country
6.2.1 Europe Vertical Farming & Plant Factory Sales in Volume by Country (2024-2029)
6.2.2 Europe Vertical Farming & Plant Factory Sales in Value by Country (2024-2029)
7 Asia-Pacific Vertical Farming & Plant Factory by Region
7.1 Asia-Pacific Vertical Farming & Plant Factory Historic Market Size by Region
7.1.1 Asia-Pacific Vertical Farming & Plant Factory Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Vertical Farming & Plant Factory Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Vertical Farming & Plant Factory Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Vertical Farming & Plant Factory Forecasted Market Size by Region
7.2.1 Asia-Pacific Vertical Farming & Plant Factory Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Vertical Farming & Plant Factory Sales in Value by Region (2024-2029)
8 Latin America Vertical Farming & Plant Factory by Country
8.1 Latin America Vertical Farming & Plant Factory Historic Market Size by Country
8.1.1 Latin America Vertical Farming & Plant Factory Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Vertical Farming & Plant Factory Sales in Volume by Country (2018-2023)
8.1.3 Latin America Vertical Farming & Plant Factory Sales in Value by Country (2018-2023)
8.2 Latin America Vertical Farming & Plant Factory Forecasted Market Size by Country
8.2.1 Latin America Vertical Farming & Plant Factory Sales in Volume by Country (2024-2029)
8.2.2 Latin America Vertical Farming & Plant Factory Sales in Value by Country (2024-2029)
9 Middle East and Africa Vertical Farming & Plant Factory by Country
9.1 Middle East and Africa Vertical Farming & Plant Factory Historic Market Size by Country
9.1.1 Middle East and Africa Vertical Farming & Plant Factory Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Vertical Farming & Plant Factory Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Vertical Farming & Plant Factory Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Vertical Farming & Plant Factory Forecasted Market Size by Country
9.2.1 Middle East and Africa Vertical Farming & Plant Factory Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Vertical Farming & Plant Factory Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 AeroFarms
10.1.1 AeroFarms Company Information
10.1.2 AeroFarms Introduction and Business Overview
10.1.3 AeroFarms Vertical Farming & Plant Factory Sales, Revenue and Gross Margin (2018-2023)
10.1.4 AeroFarms Vertical Farming & Plant Factory Products Offered
10.1.5 AeroFarms Recent Development
10.2 Aizufujikako Co., Ltd.
10.2.1 Aizufujikako Co., Ltd. Company Information
10.2.2 Aizufujikako Co., Ltd. Introduction and Business Overview
10.2.3 Aizufujikako Co., Ltd. Vertical Farming & Plant Factory Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Aizufujikako Co., Ltd. Vertical Farming & Plant Factory Products Offered
10.2.5 Aizufujikako Co., Ltd. Recent Development
10.3 Everlight Electronics
10.3.1 Everlight Electronics Company Information
10.3.2 Everlight Electronics Introduction and Business Overview
10.3.3 Everlight Electronics Vertical Farming & Plant Factory Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Everlight Electronics Vertical Farming & Plant Factory Products Offered
10.3.5 Everlight Electronics Recent Development
10.4 Genesis Photonics(GPI)
10.4.1 Genesis Photonics(GPI) Company Information
10.4.2 Genesis Photonics(GPI) Introduction and Business Overview
10.4.3 Genesis Photonics(GPI) Vertical Farming & Plant Factory Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Genesis Photonics(GPI) Vertical Farming & Plant Factory Products Offered
10.4.5 Genesis Photonics(GPI) Recent Development
10.5 Gotham Greens
10.5.1 Gotham Greens Company Information
10.5.2 Gotham Greens Introduction and Business Overview
10.5.3 Gotham Greens Vertical Farming & Plant Factory Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Gotham Greens Vertical Farming & Plant Factory Products Offered
10.5.5 Gotham Greens Recent Development
10.6 Granpa Co., Ltd.
10.6.1 Granpa Co., Ltd. Company Information
10.6.2 Granpa Co., Ltd. Introduction and Business Overview
10.6.3 Granpa Co., Ltd. Vertical Farming & Plant Factory Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Granpa Co., Ltd. Vertical Farming & Plant Factory Products Offered
10.6.5 Granpa Co., Ltd. Recent Development
10.7 Hon Hai
10.7.1 Hon Hai Company Information
10.7.2 Hon Hai Introduction and Business Overview
10.7.3 Hon Hai Vertical Farming & Plant Factory Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Hon Hai Vertical Farming & Plant Factory Products Offered
10.7.5 Hon Hai Recent Development
10.8 Hydrofarm
10.8.1 Hydrofarm Company Information
10.8.2 Hydrofarm Introduction and Business Overview
10.8.3 Hydrofarm Vertical Farming & Plant Factory Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Hydrofarm Vertical Farming & Plant Factory Products Offered
10.8.5 Hydrofarm Recent Development
10.9 Inventec
10.9.1 Inventec Company Information
10.9.2 Inventec Introduction and Business Overview
10.9.3 Inventec Vertical Farming & Plant Factory Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Inventec Vertical Farming & Plant Factory Products Offered
10.9.5 Inventec Recent Development
10.10 Iwasaki Electric
10.10.1 Iwasaki Electric Company Information
10.10.2 Iwasaki Electric Introduction and Business Overview
10.10.3 Iwasaki Electric Vertical Farming & Plant Factory Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Iwasaki Electric Vertical Farming & Plant Factory Products Offered
10.10.5 Iwasaki Electric Recent Development
10.11 JGC
10.11.1 JGC Company Information
10.11.2 JGC Introduction and Business Overview
10.11.3 JGC Vertical Farming & Plant Factory Sales, Revenue and Gross Margin (2018-2023)
10.11.4 JGC Vertical Farming & Plant Factory Products Offered
10.11.5 JGC Recent Development
10.12 Jingpeng Solar Powered Plant Factory
10.12.1 Jingpeng Solar Powered Plant Factory Company Information
10.12.2 Jingpeng Solar Powered Plant Factory Introduction and Business Overview
10.12.3 Jingpeng Solar Powered Plant Factory Vertical Farming & Plant Factory Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Jingpeng Solar Powered Plant Factory Vertical Farming & Plant Factory Products Offered
10.12.5 Jingpeng Solar Powered Plant Factory Recent Development
10.13 Natural Vitality
10.13.1 Natural Vitality Company Information
10.13.2 Natural Vitality Introduction and Business Overview
10.13.3 Natural Vitality Vertical Farming & Plant Factory Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Natural Vitality Vertical Farming & Plant Factory Products Offered
10.13.5 Natural Vitality Recent Development
10.14 Nihon Advanced Agri Corporation
10.14.1 Nihon Advanced Agri Corporation Company Information
10.14.2 Nihon Advanced Agri Corporation Introduction and Business Overview
10.14.3 Nihon Advanced Agri Corporation Vertical Farming & Plant Factory Sales, Revenue and Gross Margin (2018-2023)
10.14.4 Nihon Advanced Agri Corporation Vertical Farming & Plant Factory Products Offered
10.14.5 Nihon Advanced Agri Corporation Recent Development
10.15 Ozu Corporation
10.15.1 Ozu Corporation Company Information
10.15.2 Ozu Corporation Introduction and Business Overview
10.15.3 Ozu Corporation Vertical Farming & Plant Factory Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Ozu Corporation Vertical Farming & Plant Factory Products Offered
10.15.5 Ozu Corporation Recent Development
10.16 Philips Horticulture Lamps
10.16.1 Philips Horticulture Lamps Company Information
10.16.2 Philips Horticulture Lamps Introduction and Business Overview
10.16.3 Philips Horticulture Lamps Vertical Farming & Plant Factory Sales, Revenue and Gross Margin (2018-2023)
10.16.4 Philips Horticulture Lamps Vertical Farming & Plant Factory Products Offered
10.16.5 Philips Horticulture Lamps Recent Development
10.17 Rambridge
10.17.1 Rambridge Company Information
10.17.2 Rambridge Introduction and Business Overview
10.17.3 Rambridge Vertical Farming & Plant Factory Sales, Revenue and Gross Margin (2018-2023)
10.17.4 Rambridge Vertical Farming & Plant Factory Products Offered
10.17.5 Rambridge Recent Development
10.18 Ringdale ActiveLED
10.18.1 Ringdale ActiveLED Company Information
10.18.2 Ringdale ActiveLED Introduction and Business Overview
10.18.3 Ringdale ActiveLED Vertical Farming & Plant Factory Sales, Revenue and Gross Margin (2018-2023)
10.18.4 Ringdale ActiveLED Vertical Farming & Plant Factory Products Offered
10.18.5 Ringdale ActiveLED Recent Development
10.19 Rockwool Group
10.19.1 Rockwool Group Company Information
10.19.2 Rockwool Group Introduction and Business Overview
10.19.3 Rockwool Group Vertical Farming & Plant Factory Sales, Revenue and Gross Margin (2018-2023)
10.19.4 Rockwool Group Vertical Farming & Plant Factory Products Offered
10.19.5 Rockwool Group Recent Development
10.20 Ryobi Holdings
10.20.1 Ryobi Holdings Company Information
10.20.2 Ryobi Holdings Introduction and Business Overview
10.20.3 Ryobi Holdings Vertical Farming & Plant Factory Sales, Revenue and Gross Margin (2018-2023)
10.20.4 Ryobi Holdings Vertical Farming & Plant Factory Products Offered
10.20.5 Ryobi Holdings Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Vertical Farming & Plant Factory Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Vertical Farming & Plant Factory Industrial Chain Analysis
11.4 Vertical Farming & Plant Factory Market Dynamics
11.4.1 Vertical Farming & Plant Factory Industry Trends
11.4.2 Vertical Farming & Plant Factory Market Drivers
11.4.3 Vertical Farming & Plant Factory Market Challenges
11.4.4 Vertical Farming & Plant Factory Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Vertical Farming & Plant Factory Distributors
12.3 Vertical Farming & Plant Factory Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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