Vertical Farming Market Size & Share, by Growth Mechanism (Aeroponics, Hydroponics, Aquaponics); Structure (Building-Based Vertical Farms, Shipping Container-Based Vertical Farms); Components (Lighting, Climate Control, Sensors); Crop (Tomato, Berries, Lettuce & Leafy Vegetables, Pepper, Cucumber, Microgreens) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2035

  • Report ID: 4795
  • Published Date: Apr 06, 2023
  • Report Format: PDF, PPT

Companies Dominating the Vertical Farming Landscape

top-features-companies
    • Deere & Company
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • CropMetrics
    • Trimble, Inc.
    • CropX, Inc.
    • Gro Intelligence
    • Valmont Industries, Inc.
    • AGCO Corporation
    • DICKEY-john
    • AGEYE Technologies
    • Ag Leader Technology

Browse Key Market Insights with Data Illustration:

In-the-news

In The News

  • Since their strategic partnership was announced on February 15th, 2023, HYVE Indoor Farming Systems, a solutions-based manufacturer of Controlled Environment Agriculture (CEA) systems, and AGEYE technologies, a pioneer in automated platform monitoring for vertical farms and greenhouses, have announced their first joint indoor vertical farming project. An indoor farm in Nebraska is the initiative, and it would start right away. The project's size would be about 12,000 square foot grow facility with a primary concentration on leafy greens.

  • A Valmont Industries, Inc. company, Valley Irrigation, announced its joint venture with private holding company Kusto Group and advanced its engagement with the Republic of Kazakhstan. The comprehensive, multi-year project would lay the groundwork for making the nation an agricultural hub in Central Asia by enhancing sustainability and resource conservation, introducing cutting-edge farm technologies to regional farmers, and improving sustainability and resource conservation.


Author Credits:  Shivam Bhutani, Anil Kumar


  • Report ID: 4795
  • Published Date: Apr 06, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The major factors driving the growth of the market are growing production of LED lights, rise in urban population, surge in abounded buildings, and others.

The market size of vertical farming is anticipated to attain a CAGR of 28.00% over the forecast period, i.e., 2023-2035.

High cost to set vertical farming, lack of awareness among people, and lack of well equipped system are estimated to be the growth hindering factors for the market expansion.

The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

The major players in the market are Deere & Company, CropMetrics, Trimble, Inc., CropX, Inc., and more.

The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by growth mechanism, structure, components, crop and by region.

The lighting segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
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