Vertical farming is a high-tech solution of controlled-environment agriculture. Vertical Farming is the practice of growing food in vertical stacked layers, vertically inclined surfaces or integrated in other structures. It is an emerging trend in urban agriculture. The main advantages of vertical farming is increased crop production, protection from weather-related problems, conservation of resources, organic crops, energy production, etc. with basic technological requirement of artificial lighting, climate control and fertigation.
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The overall market can be analyzed based on various types, technologies, components as well as applications. On the basis of types, vertical farming can be categorized as Mixed-use skyscrapers, Despommier’s skyscrapers and Stackable shipping containers. The increase in vertical farming is due to two technology i.e. hydroponics and aeroponics. The vertical farms consists of many components such as pumps, power adaptors, anaerobic digesters, solar panels, LEDs lighting, Wind turbines, etc. which increases the productivity. Vertical farming has various applications such as Agricultural sub system, Aquacultural sub system, Food Processing sub system, Waste Management sub system, etc.
The market is also analyzed based on geographic regions which are grouped into Americas, APAC, Europe as well as ROW regions. Due to developed and improved technologies in APAC countries such as Japan, China and South Korea, vertical farming has been enhanced to eradicate the problems of increase in population. In America, U.S.A. is biggest manufacture of these farms. Some ROW countries such as Saudi Arabia and United Arab Emirates are also lead manufacturer of vertical farming.
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The major driving factors for the vertical farming market are rapid progress in technology with improvement in irrigation techniques, development in synthetic nitrogen fertilizers, widespread of pesticides, advanced plant breeding, satisfy the rapid growth in consumer’s demand and other innovative factors.
The major companies operating in this market includes
AeroFarm LLC. (U.S.),
Mirai Co. Ltd.(Japan),
Sharp Co.(Dubai), Etc.
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