Europe Vertical Farming Market – Industry Analysis and Forecast

Europe Vertical Farming Marketwas valued US$ XX Bn in 2018 and is expected to reach US $ XX Bn by 2026, at a CAGR of XX % during a forecast period.
Europe Vertical Farming Market
Europe Vertical Farming Market is segmented into growth mechanism, component and country .By growth mechanism, Europe Vertical Farming Market divided into hydroponics, aeroponics, and aquaponics. Based on Equipment Type, the market is classified into Lighting, Building Material, Irrigation Component, Sensor, Climate Control, and Others. Based on Countries, the Europe vertical farming market segments the market into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Growing consumer demand for organic foods, foods free from pesticides and inherently modified organisms is the major driving force of the Europe Vertical Farming Market. The utility of artificial lighting to augment the yield, health and growth rate of plants united with lower dependency on weather for production is boosting the market growth. High costs of lighting equipment and incessant maintenance requirement are hampering the growth in the Europe Vertical Farming market.
Lighting system segment with the LED is expected to dominate the growth in Europe vertical framing market.
Lighting system devices use an LED lighting system which produces a dual-band colour spectrum and maintains efficiency and low heat dissipation in vertical farming
The aeroponics growth technology is projected to grow at the high rate CAGR during the forecast year owing to it facilities faster plant growth and more number of plants within less time than the plants under normal conditions.
Some of the major key players in the Europe Vertical Farming Market include, Koninklijke Philips N.V., Sky Green Ltd., Everlight Electronics Co., Ltd., American Hydroponics, Hort Americas, Agrilution, and Green Sense Farms, LLC, AeroFarms, Urban Crops Solutions, Illumitex, Inc.
Lighting system devices use an LED lighting system which produces a dual-band colour spectrum and maintains efficiency and low heat dissipation in vertical farming
The aeroponics growth technology is projected to grow at the high rate CAGR during the forecast year owing to it facilities faster plant growth and more number of plants within less time than the plants under normal conditions.
Some of the major key players in the Europe Vertical Farming Market include, Koninklijke Philips N.V., Sky Green Ltd., Everlight Electronics Co., Ltd., American Hydroponics, Hort Americas, Agrilution, and Green Sense Farms, LLC, AeroFarms, Urban Crops Solutions, Illumitex, Inc.
For more information of visit:https://www.maximizemarketresearch.com/market-report/europe-vertical-farming-market/21749/
Scope of the report for Europe Vertical Farming Market
By Growth Mechanism
• Hydroponics
• Aeroponics
• Aquaponics
By Equipment Type
• Lighting
• Building Material
• Irrigation Component
• Sensor
• Climate Control
• Others
By Country
• Germany
• U.K.
• France
• Italy
• Spain
• Rest of Europe.
Key Players in Europe Vertical Farming Market
• Koninklijke Philips N.V.
• Sky Green Ltd.
• Everlight Electronics Co., Ltd.
• American Hydroponics
• Hort Americas
• Agrilution
• Green Sense Farms, LLC
• AeroFarms
• Urban Crops Solutions
• Illumitex, Inc.
This Report Is Submitted By @ Maximize Market Research Company
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