Europe Vertical Farming Market was valued US$ XX Bn in 2019 and is expected to reach US $ XX Bn by 2026, at a CAGR of XX % during a forecast period. The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region. 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.
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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
• 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. • Agricool SAS • Badia Farms • Bowery Farming, Inc. • Bright Farms, Inc. • Gotham Greens Farms LLC • Infarm (Indoor Urban Farming GmbH). • Plenty Unlimited, Inc. • GrowUp Urban Farms Limited • Sky Greens (Sky Urban Solutions Holding Pte Ltd.) • 4D Bios Inc.
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