Asia-Pacific Vertical Farming Market
Asia-Pacific Vertical Farming Market Size, Share & Trends Analysis Report by Structure Type (Building-based Vertical Farming and Shipping Container-based Vertical Farming), by Growth Mechanism (Aeroponics, Hydroponics, and Aquaponics), and by Component (Sensors, Lighting, Climatic Controls, Irrigation Component, Building Material, and Other Components) Forecast, 2020-2026 Update Available - Forecast 2024-2030
The Asia-Pacific vertical farming market is projected to grow at a modest CAGR of 19.0% during the forecast period (2020-2026). The key aspect that drives the growth of the market includes the need to serve the huge demand for food from the densely populated countries of the Asia-Pacific region. Also, in order to decrease the dependency on imported food, the economies in the region are highly referring to vertical farming. This shift towards vertical farming will yield a high output as well as it will also reduce the food waste during the transportation processes, and grow a sufficient amount of food locally in limited space as well as contribute to the growth of the vertical farming market in the Asia-Pacific region. Besides, a variety of benefits offered by vertical farming along with the rapidly rising trends and popularity of organic food products also encourages the implementation of vertical farming, which, in turn, aids the growth of the vertical farming market over the forecast period.
The Asia-Pacific vertical farming market is segmented on the basis of structure type, growth mechanism, and component. Based on the structure type, the market is segmented as building-based vertical farming and shipping container-based vertical farming. Based on the growth mechanism, the market is segmented as aeroponics, hydroponics, and aquaponics. Based on the component, the market is segmented as sensors, lighting, climatic controls, irrigation component, building material, and other components.
Geographically, the Asia-Pacific vertical farming market is segmented into China, India, Japan, ASEAN, South Korea, and the Rest of Asia-Pacific. Japan is estimated to register a significant market growth over the forecast period. Further, 4D Bios Inc., Alesca Life Technologies Ltd., Everlight Electronics Co., Ltd., FarmvisionAI (Illumitex Inc.), Gills N Claws Pte. Ltd., Heliospectra AB, Sky Greens Pte. Ltd., and SPREAD Co. Ltd. among others are some of the prominent players functioning in the Asia-Pacific vertical farming market. New product launches & developments, partnerships, agreements, and acquisitions are some of the growth strategies adopted by the players in order to sustain in the highly competitive market.
Research Methodology
The market study of the Asia-Pacific vertical farming market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
Secondary sources include:
- Financial reports of companies involved in the market
- Whitepapers, research-papers, and news blogs
- Company websites and their product catalog
The report is intended for vertical farming companies, research institutes and universities, other related companies, and government organizations for overall market analysis and competitive analysis. The report provides an in-depth analysis of the market size and growth opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.
Market Segmentation:
- Asia-Pacific Vertical Farming Market Research and Analysis by Structure Type
- Asia-Pacific Vertical Farming Market Research and Analysis by Growth Mechanics
- Asia-Pacific Vertical Farming Market Research and Analysis by Component
The Report covers:
- Comprehensive research methodology of the Asia-Pacific vertical farming market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the Asia-Pacific vertical farming market.
- Insights about market determinants which are stimulating the Asia-Pacific vertical farming market.
- Detailed and extensive market segments with regional distribution of forecast revenues.
- Extensive profiles and recent developments of the market players.
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Competitive Dashboard
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Asia-Pacific Vertical Farming Market by Structure Type
5.1.1. Building-based Vertical Farming
5.1.2. Shipping Container-based Vertical Farming
5.2. Asia-Pacific Vertical Farming Market by Growth Mechanism
5.2.1. Aeroponics
5.2.2. Hydroponics
5.2.3. Aquaponics
5.3. Asia-Pacific Vertical Farming Market by Component
5.3.1. Sensors
5.3.2. Lighting
5.3.3. Climatic Controls
5.3.4. Irrigation Component
5.3.5. Building Material
5.3.6. Other Components
6. Regional Analysis
6.1. Asia-Pacific
6.1.1. China
6.1.2. India
6.1.3. Japan
6.1.4. ASEAN
6.1.5. South Korea
6.1.6. Rest of Asia-Pacific
7. Company Profiles
7.1. 4D Bios Inc.
7.2. Alesca Life Technologies Ltd.
7.3. Everlight Electronics Co., Ltd.
7.4. FarmvisionAI (Illumitex Inc.)
7.5. Gills N Claws Pte. Ltd.
7.6. Heliospectra AB
7.7. Mirai Co. Ltd.
7.8. Signify Holding (Koninklijke Philips N.V.)
7.9. Sky Greens Pte. Ltd.
7.10. SPREAD Co. Ltd.
1. ASIA-PACIFIC VERTICAL FARMING MARKET RESEARCH AND ANALYSIS BY STRUCTURE TYPE, 2019-2026 ($ MILLION)
2. ASIA-PACIFIC BUILDING-BASED VERTICAL FARMING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
3. ASIA-PACIFIC SHIPPING CONTAINER-BASED VERTICAL FARMING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
4. ASIA-PACIFIC VERTICAL FARMING MARKET RESEARCH AND ANALYSIS BY GROWTH MECHANISM, 2019-2026 ($ MILLION)
5. ASIA-PACIFIC AEROPONICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
6. ASIA-PACIFIC HYDROPONICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
7. ASIA-PACIFIC AQUAPONICS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
8. ASIA-PACIFIC VERTICAL FARMING MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2019-2026 ($ MILLION)
9. ASIA-PACIFIC SENSORS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
10. ASIA-PACIFIC LIGHTING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
11. ASIA-PACIFIC CLIMATIC CONTROLS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
12. ASIA-PACIFIC IRRIGATION COMPONENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
13. ASIA-PACIFIC BUILDING MATERIAL MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
14. ASIA-PACIFIC OTHER COMPONENTS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
15. ASIA-PACIFIC VERTICAL FARMING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
16. CHINA VERTICAL FARMING MARKET RESEARCH AND ANALYSIS BY STRUCTURE TYPE, 2019-2026 ($ MILLION)
17. CHINA VERTICAL FARMING MARKET RESEARCH AND ANALYSIS BY GROWTH MECHANISM, 2019-2026 ($ MILLION)
18. CHINA VERTICAL FARMING MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2019-2026 ($ MILLION)
19. INDIA VERTICAL FARMING MARKET RESEARCH AND ANALYSIS BY STRUCTURE TYPE, 2019-2026 ($ MILLION)
20. INDIA VERTICAL FARMING MARKET RESEARCH AND ANALYSIS BY GROWTH MECHANISM, 2019-2026 ($ MILLION)
21. INDIA VERTICAL FARMING MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2019-2026 ($ MILLION)
22. JAPAN VERTICAL FARMING MARKET RESEARCH AND ANALYSIS BY STRUCTURE TYPE, 2019-2026 ($ MILLION)
23. JAPAN VERTICAL FARMING MARKET RESEARCH AND ANALYSIS BY GROWTH MECHANISM, 2019-2026 ($ MILLION)
24. JAPAN VERTICAL FARMING MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2019-2026 ($ MILLION)
25. ASEAN VERTICAL FARMING MARKET RESEARCH AND ANALYSIS BY STRUCTURE TYPE, 2019-2026 ($ MILLION)
26. ASEAN VERTICAL FARMING MARKET RESEARCH AND ANALYSIS BY GROWTH MECHANISM, 2019-2026 ($ MILLION)
27. ASEAN VERTICAL FARMING MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2019-2026 ($ MILLION)
28. SOUTH KOREA VERTICAL FARMING MARKET RESEARCH AND ANALYSIS BY STRUCTURE TYPE, 2019-2026 ($ MILLION)
29. SOUTH KOREA VERTICAL FARMING MARKET RESEARCH AND ANALYSIS BY GROWTH MECHANISM, 2019-2026 ($ MILLION)
30. SOUTH KOREA VERTICAL FARMING MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2019-2026 ($ MILLION)
31. REST OF ASIA-PACIFIC VERTICAL FARMING MARKET RESEARCH AND ANALYSIS BY STRUCTURE TYPE, 2019-2026 ($ MILLION)
32. REST OF ASIA-PACIFIC VERTICAL FARMING MARKET RESEARCH AND ANALYSIS BY GROWTH MECHANISM, 2019-2026 ($ MILLION)
33. REST OF ASIA-PACIFIC VERTICAL FARMING MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2019-2026 ($ MILLION)
1. ASIA-PACIFIC VERTICAL FARMING MARKET SHARE BY STRUCTURE TYPE, 2019 VS 2026 (%)
2. ASIA-PACIFIC VERTICAL FARMING MARKET SHARE BY GROWTH MECHANISM, 2019 VS 2026 (%)
3. ASIA-PACIFIC VERTICAL FARMING MARKET SHARE BY COMPONENT, 2019 VS 2026 (%)
4. ASIA-PACIFIC VERTICAL FARMING MARKET SHARE BY COUNTRY, 2019 VS 2026 (%)
5. CHINA VERTICAL FARMING MARKET SIZE, 2019-2026 ($ MILLION)
6. INDIA VERTICAL FARMING MARKET SIZE, 2019-2026 ($ MILLION)
7. JAPAN VERTICAL FARMING MARKET SIZE, 2019-2026 ($ MILLION)
8. ASEAN VERTICAL FARMING MARKET SIZE, 2019-2026 ($ MILLION)
9. SOUTH KOREA VERTICAL FARMING MARKET SIZE, 2019-2026 ($ MILLION)
10. REST OF ASIA-PACIFIC VERTICAL FARMING MARKET SIZE, 2019-2026 ($ MILLION)
