All Reports
3Q 2021

Vertical Farming

Lighting, Services and Infrastructure, Water Delivery and Recovery Systems, and Controls: Global Market Analysis and Forecasts

Vertical farming is growing in popularity in the US, Europe, and Asia Pacific based on several factors. The primary driver for vertical farming is the quickly growing world population and its need for nutrition combined with the diminishing availability of arable land. Another driver is concern about carbon emissions resulting from traditional farming methods as well as the carbon-emitting vehicles needed to transport produce from one area of the country or world to another. Additionally, the COVID-19 pandemic has caused consumers and governments alike to understand how quickly supply chains can break down in the event of extreme circumstances, forcing the need for food and other necessary items to be developed closer to where they are consumed.

Vertical farming operators do not seek to replace traditional farming but instead provide supplemental food resources. Vertical farming creates additional spaces where produce cultivation can take place, even within urban environments. It enables crops to grow undisturbed by factors such as extreme weather and pests, and it puts produce production much closer to where it will be consumed, reducing the need for transport. This factor is key for both addressing environmental concerns about farming and ensuring food can be accessed even amid supply chain interruptions. Additionally, vertical farming uses a fraction of the amount of water of traditional farming, making vertical farming practical for areas where water is scarce.

This Guidehouse Insights report analyzes the global market for vertical farming technology in four key segments: lighting, services and infrastructure, water delivery and recovery systems, and controls. The study provides an analysis of market issues associated with vertical farming. Global market forecasts, broken out by segment, region, crop type, method type, and structure type, extend through 2030. The report also examines the competitive landscape.

Pages 39
Tables | Charts | Figures 41
  • What is vertical farming?
  • What are the various methods and structures used in vertical farming?
  • What crops can be cultivated within vertical farms?
  • What are the primary drivers and barriers within the vertical farming market?
  • What technology is used in vertical farming?
  • Which global regions are embracing vertical farming and why?
  • What is the global market outlook for vertical farming technology?
  • Who are the key players in the vertical farming technology market?
  • Horticulture lighting vendors
  • Vertical farming services and infrastructure vendors
  • Vertical farming water distribution system vendors
  • Vertical farming controls vendors
  • Vertical farmers
  • Investor community

1. Executive Summary

1.1   Introduction

1.2   Market Drivers and Barriers

1.3   Global Market Outlook

2. Market Issues

2.1   Vertical Farming

2.1.1   Growing Methods

2.1.2   Crop Types

2.1.3   Building Types

2.1.4   Technology Types

2.2   Regional Highlights

2.2.1   North America

2.2.2   Europe

2.2.3   Asia Pacific

2.2.4   Latin America

2.2.5   Middle East & Africa

2.3   Market Drivers

2.3.1   Growing Population

2.3.2   Climate Change

2.3.3   Demands of High End Consumers

2.3.4   Improving the Food Supply Chain

2.4   Market Barriers

2.4.1   Limited Knowledge

2.4.2   COVID-19 Pandemic

2.4.3   Investor Skepticism

2.4.4   High Startup Costs

3. Technology Overview and Key Industry Players

3.1   Technology Overview

3.1.1   Lighting

3.1.2   Services and Infrastructure

3.1.3   Controls

3.1.4   Water Delivery and Recovery Systems

3.2   Key Industry Players

3.2.1   Albireo Energy

3.2.2   Argus Control Systems

3.2.3   Autogrow

3.2.4   Eden Green Technology

3.2.5   Fluence by OSRAM

3.2.6   Freight Farms

3.2.7   GE Current, a Daintree Company

3.2.8   GrowFlux

3.2.9   H2O Engineering

3.2.10   Pipp Horticulture

3.2.11   Priva

3.2.12   Swisslog

4. Market Forecasts

4.1   Forecast Overview

4.2   Forecast Methodology

4.3   Global Revenue by Technology Type

4.3.1   North America

4.3.2   Europe

4.3.3   Asia Pacific

4.3.4   Rest of the World

4.4   Revenue by Crop Type

4.5   Revenue by Farming Method

4.6   Revenue by Structure Type

5. Conclusions and Recommendations

6. Acronym and Abbreviation List

7. Table of Contents

8. Table of Charts and Figures

9. Scope of Study, Sources and Methodology, Notes

  • Vertical Farming Technology Revenue by Technology Type, World Markets: 2021-2030
  • Vertical Farming Technology Revenue by Technology Type, North America: 2021-2030
  • Vertical Farming Technology Revenue by Technology Type, Europe: 2021-2030
  • Vertical Farming Technology Revenue by Technology Type, Asia Pacific: 2021-2030
  • Vertical Farming Technology Revenue by Technology Type, Latin America: 2021-2030
  • Vertical Farming Technology Revenue by Technology Type, Middle East & Africa: 2021-2030
  • Vertical Farming Revenue by Crop Type, World Markets: 2021-2030
  • Vertical Farming Revenue by Farming Method, World Markets: 2021-2030
  • Vertical Farming Revenue by Structure Type, World Markets: 2021-2030
  • Vertical Farm Trays
  • Hydroponic Drip System
  • Vertical Farming Technology Revenue by Technology Type, World Markets: 2021-2030
  • Vertical Farming Technology Revenue by Technology Type, North America: 2021-2030
  • Vertical Farming Technology Revenue by Technology Type, Europe: 2021-2030
  • Vertical Farming Technology Revenue by Technology Type, Asia Pacific: 2021-2030
  • Vertical Farming Technology Revenue by Technology Type, Latin America: 2021-2030
  • Vertical Farming Technology Revenue by Technology Type, Middle East & Africa: 2021-2030
  • Vertical Farming Revenue by Technology Type, All Crop Types, World Markets: 2021-2030
  • Vertical Farming Revenue by Technology Type, Vegetables, World Markets: 2021-2030
  • Vertical Farming Revenue by Technology Type, Vine Plants, World Markets: 2021-2030
  • Vertical Farming Revenue by Technology Type, Microgreens, World Markets: 2021-2030
  • Vertical Farming Revenue by Technology Type, Herbs, World Markets: 2021-2030
  • Vertical Farming Technology Revenue by Technology Type, All Farming Methods, World Markets: 2021-2030
  • Vertical Farming Technology Revenue by Technology Type, Hydroponic Farming Methods, World Markets: 2021-2030
  • Vertical Farming Technology Revenue by Technology Type, Aeroponic Farming Methods, World Markets: 2021-2030
  • Vertical Farming Technology Revenue by Technology Type, Aquaponic Farming Methods, World Markets: 2021-2030
  • Vertical Farming Technology Revenue by Technology Type, All Structures, World Markets: 2021-2030
  • Vertical Farming Technology Revenue by Technology Type, Greenhouses, World Markets: 2021-2030
  • Vertical Farming Technology Revenue by Technology Type, Shipping Containers, World Markets: 2021-2030
  • Vertical Farming Technology Revenue by Technology Type, Buildings and Warehouses, World Markets: 2021-2030
  • Vertical Farming Crops
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