Table of Content

"1    INTRODUCTION    33
1.1    STUDY OBJECTIVES    33
1.2    MARKET DEFINITION AND SCOPE    33
1.2.1    INCLUSIONS AND EXCLUSIONS    33
1.3    STUDY SCOPE    34
1.3.1    MARKETS COVERED    34
1.3.2    GEOGRAPHIC SCOPE    35
1.3.3    YEARS CONSIDERED    35
1.4    CURRENCY    35
1.5    LIMITATIONS    36
1.6    STAKEHOLDERS    36
1.7    SUMMARY OF CHANGES    36
2    RESEARCH METHODOLOGY    38
2.1    RESEARCH DATA    38
FIGURE 1    VERTICAL FARMING MARKET: PROCESS FLOW OF MARKET SIZE ESTIMATION    38
FIGURE 2    VERTICAL FARMING MARKET: RESEARCH DESIGN    39
2.1.1    SECONDARY DATA    40
2.1.1.1    Secondary sources    40
2.1.2    PRIMARY DATA    41
2.1.2.1    Breakdown of primaries    41
2.1.2.2    Key data from primary sources    42
2.1.2.3    Key industry insights    43
2.1.3    SECONDARY AND PRIMARY RESEARCH    44
2.2    MARKET SIZE ESTIMATION    45
FIGURE 3    MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY SIDE): REVENUE GENERATED BY COMPANIES FROM HARDWARE/SOFTWARE/ SERVICES OFFERED IN VERTICAL FARMING MARKET    45
FIGURE 4    MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 (DEMAND SIDE): MARKET FOR VERTICAL FARMING BY DIFFERENT REGIONS    46
2.2.1    BOTTOM-UP APPROACH    46
2.2.1.1    Approach for obtaining market size using bottom-up analysis    46
FIGURE 5    MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH    46
2.2.2    TOP-DOWN APPROACH    47
2.2.2.1    Approach for obtaining market size using top-down analysis    47
FIGURE 6    MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH    47
2.3    MARKET BREAKDOWN AND DATA TRIANGULATION    48
FIGURE 7    DATA TRIANGULATION    48
2.4    RESEARCH ASSUMPTIONS    49
FIGURE 8    RESEARCH ASSUMPTIONS    49
2.5    RISK ASSESSMENT    49
TABLE 1    RISK FACTOR ANALYSIS    49
3    EXECUTIVE SUMMARY    51
FIGURE 9    HYDROPONICS GROWTH MECHANISM SEGMENT TO DOMINATE VERTICAL FARMING MARKET DURING FORECAST PERIOD    51
FIGURE 10    BUILDING-BASED VERTICAL FARMS SEGMENT TO EXHIBIT HIGHER GROWTH DURING FORECAST PERIOD    52
FIGURE 11    LETTUCE TO BE MOST COMMONLY GROWN CROP ACROSS DIFFERENT VERTICAL FARMS    53
FIGURE 12    SERVICES TO REGISTER HIGHEST GROWTH AMONG OFFERINGS IN VERTICAL FARMING MARKET DURING FORECAST PERIOD    53
FIGURE 13    ASIA PACIFIC TO DOMINATE VERTICAL FARMING MARKET DURING FORECAST PERIOD    54
3.1    COVID-19 IMPACT ON VERTICAL FARMING MARKET    55
3.1.1    REALISTIC SCENARIO    55
3.1.2    OPTIMISTIC SCENARIO    55
3.1.3    PESSIMISTIC SCENARIO    55
FIGURE 14    COMPARISON OF SCENARIO-BASED IMPACT OF COVID-19 ON VERTICAL FARMING MARKET    56
4    PREMIUM INSIGHTS    57
4.1    ATTRACTIVE OPPORTUNITIES IN VERTICAL FARMING MARKET    57
FIGURE 15    INCREASE IN INVESTMENTS AND PARTNERSHIPS BETWEEN FARMS AND TECHNOLOGY PROVIDERS BOOSTING GROWTH IN VERTICAL FARMING MARKET    57
4.2    VERTICAL FARMING MARKET IN APAC, BY GROWTH MECHANISM AND STRUCTURE    58
FIGURE 16    HYDROPONICS GROWTH MECHANISM AND BUILDING-BASED VERTICAL FARM SEGMENTS TO HOLD LARGEST MARKET SHARES IN ASIA PACIFIC IN 2026    58
4.3    VERTICAL FARMING MARKET, BY HARDWARE    58
FIGURE 17    LIGHTING SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD    58
4.4    COUNTRY-WISE VERTICAL FARMING MARKET GROWTH RATE    59
FIGURE 18    CHINA TO RECORD HIGHEST CAGR IN VERTICAL FARMING MARKET DURING FORECAST PERIOD    59
5    MARKET OVERVIEW    60
5.1    MARKET DYNAMICS    60
FIGURE 19    VERTICAL FARMING MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES,  
AND CHALLENGES    60
5.1.1    DRIVERS    61
FIGURE 20    VERTICAL FARMING MARKET DRIVERS AND THEIR IMPACT    61
5.1.1.1    High yield associated with vertical farming over conventional farming    61
5.1.1.2    Advancements in light-emitting diode (LED) technology    62

5.1.1.3    Year-round crop production irrespective of weather conditions    62
FIGURE 21    DAMAGE AND LOSS TO CROPS, BY TYPE OF CALAMITY (2003–2016)    63
5.1.1.4    Requirement of minimum resources    63
FIGURE 22    WORLD POPULATION (2015–2050)    63
5.1.2    RESTRAINTS    64
FIGURE 23    VERTICAL FARMING MARKET RESTRAINTS AND THEIR IMPACT    64
5.1.2.1    Lack of technically skilled workforce and limited crop types    64
5.1.2.2    High start-up costs    65
5.1.3    OPPORTUNITIES    65
FIGURE 24    VERTICAL FARMING MARKET OPPORTUNITIES AND THEIR IMPACT    65
5.1.3.1    Reduced environmental impact from agriculture by adoption of vertical farming    66
5.1.3.2    Potential market opportunities in Asia Pacific and Middle East    66
5.1.3.3    Cannabis cultivation through vertical farming    67
5.1.4    CHALLENGES    67
FIGURE 25    VERTICAL FARMING MARKET CHALLENGES AND THEIR IMPACT    67
5.1.4.1    Maintenance of temperature, humidity, and air circulation in a vertical farm    67
5.1.4.2    Vertical farming on a large scale    68
6    INDUSTRY TRENDS    69
6.1    VALUE CHAIN ANALYSIS    69
FIGURE 26    VALUE CHAIN ANALYSIS: VERTICAL FARMING MARKET    69
6.2    CASE STUDY ANALYSIS    70
6.2.1    CASE STUDY: AEROFARMS – TAKING VERTICAL FARMING TO NEW HEIGHTS BY USING ADVANCED TECHNOLOGY    70
6.2.2    CASE STUDY: FLUENCE BY OSRAM IMPLEMENTS LED LIGHTING INTO HORTIPOLARIS CULTIVATION AND RESEARCH FACILITY    70
6.2.3    CASE STUDY: BENEFITS OF IOT DEPLOYMENT FOR INDOOR VERTICAL FARMS THAT USE DATA-DRIVEN INSIGHTS TO INCREASE YIELD, CONSERVE RESOURCES, AND IMPROVE QUALITY OF PRODUCE    71
6.2.4    CASE STUDY: SIGNIFY’S (NETHERLANDS) LED LIGHTING SOLUTION USED BY RIAT FOR GROWING TOMATOES AND CUCUMBERS IN A VERTICAL FARM    71
6.2.5    CASE STUDY: AVRIL INSTALLED A VERTICAL FARM IN THEIR NEW BRANCH    72
6.2.6    CASE STUDY: KARMA FARM ADDED HYDROPONIC SOLUTION TO ITS TRADITIONAL FARM SOLUTION TO ACHIEVE SUSTAINABILITY    72
6.3    REGION-WISE RECENT DEVELOPMENTS IN VERTICAL FARMING MARKET    73
6.3.1    DEVELOPMENTS IN EUROPE    73
6.3.2    DEVELOPMENTS IN NORTH AMERICA    74
6.3.3    DEVELOPMENTS IN ASIA PACIFIC    76
6.3.4    DEVELOPMENTS IN MIDDLE EAST    77

6.4    REVENUE SHIFT AND NEW REVENUE POCKETS FOR VERTICAL FARMING MARKET PLAYERS    78
FIGURE 27    REVENUE SHIFT AND NEW REVENUE POCKETS FOR VERTICAL FARMING MARKET PLAYERS    78
6.5    TECHNOLOGY ANALYSIS    78
6.6    PATENT ANALYSIS    79
TABLE 2    MODULAR VERTICAL FARM CELL    79
TABLE 3    COMBINED VERTICAL FARM, BIOFUEL, BIOMASS, AND ELECTRIC POWER GENERATION PROCESS AND FACILITY    79
TABLE 4    VERTICAL AEROPONIC PLANT GROWING ENCLOSURE    80
TABLE 5    CRATE FOR VERTICAL FARMING, CONTROL UNIT, AND METHOD FOR OPERATING CRATES    80
TABLE 6    CONTROL AND SENSOR SYSTEMS FOR AN ENVIRONMENTALLY CONTROLLED VERTICAL FARMING SYSTEM    80
6.7    TRADE ANALYSIS    81
FIGURE 28    GLOBAL IMPORT DATA ANALYSIS FOR HS CODE 8424    81
FIGURE 29    GLOBAL EXPORT DATA ANALYSIS FOR THE HS CODE 8424    81
FIGURE 30    COUNTRY-WISE GLOBAL IMPORT DATA ANALYSIS FOR THE HS CODE 8424    82
6.8    PORTER’S FIVE FORCES ANALYSIS    82
FIGURE 31    VERTICAL FARMING MARKET: PORTER’S FIVE FORCES ANALYSIS    82
TABLE 7    VERTICAL FARMING MARKET: PORTER’S FIVE FORCES ANALYSIS    83
FIGURE 32    INTENSITY OF COMPETITIVE RIVALRY    83
FIGURE 33    THREAT OF SUBSTITUTES    84
FIGURE 34    BARGAINING POWER OF BUYERS    84
FIGURE 35    BARGAINING POWER OF SUPPLIERS    85
FIGURE 36    THREAT OF NEW ENTRANTS    85
6.9    REGULATORY LANDSCAPE    86
TABLE 8    REGULATIONS: VERTICAL FARMING MARKET    86
7    VERTICAL FARMING MARKET, BY GROWTH MECHANISM    87
7.1    INTRODUCTION    88
FIGURE 37    HYDROPONICS GROWTH MECHANISM SEGMENT TO DOMINATE VERTICAL FARMING MARKET DURING FORECAST PERIOD    88
TABLE 9    VERTICAL FARMING MARKET, BY GROWTH MECHANISM,
2017–2020 (USD MILLION)    88
TABLE 10    VERTICAL FARMING MARKET, BY GROWTH MECHANISM,
2021–2026 (USD MILLION)    88
7.2    HYDROPONICS    89
7.2.1    INSTALLATION OF HYDROPONIC MECHANISM IS SIMPLE AND COST-EFFECTIVE    89
TABLE 11    HYDROPONICS VERTICAL FARMING MARKET, BY REGION,
2017–2020 (USD MILLION)    90
TABLE 12    HYDROPONICS VERTICAL FARMING MARKET, BY REGION,
2021–2026 (USD MILLION)    90

7.3    AEROPONICS    90
7.3.1    HIGH PRODUCTIVITY AND LOW TIMEFRAME ARE ACHIEVED USING IMPROVED PATENTED TECHNOLOGY    90
TABLE 13    AEROPONICS VERTICAL FARMING MARKET, BY REGION,
2017–2020 (USD MILLION)    91
TABLE 14    AEROPONICS VERTICAL FARMING MARKET, BY REGION,
2021–2026 (USD MILLION)    91
7.4    AQUAPONICS    91
7.4.1    IMPROVED WATER USAGE TO DRIVE DEMAND FOR AQUAPONICS IN VERTICAL FARMING    91
TABLE 15    AQUAPONICS VERTICAL FARMING MARKET, BY REGION,
2017–2020 (USD MILLION)    92
TABLE 16    AQUAPONICS VERTICAL FARMING MARKET, BY REGION,
2021–2026 (USD MILLION)    92
8    VERTICAL FARMING MARKET, BY STRUCTURE    93
8.1    INTRODUCTION    94
FIGURE 38    BUILDING-BASED VERTICAL FARMS TO HOLD LARGER MARKET
SHARE IN 2026    94
TABLE 17    VERTICAL FARMING MARKET, BY STRUCTURE, 2017–2020 (USD MILLION)    94
TABLE 18    VERTICAL FARMING MARKET, BY STRUCTURE, 2021–2026 (USD MILLION)    94
8.2    BUILDING-BASED VERTICAL FARMS    95
8.2.1    COUNTRIES WITH UNSUPPORTED CROP ENVIRONMENT ARE EARLY ADOPTERS OF BUILDING-BASED VERTICAL FARMS    95
TABLE 19    BUIDING-BASED VERTICAL FARMING MARKET, BY REGION,
2017–2020 (USD MILLION)    95
TABLE 20    BUIDING-BASED VERTICAL FARMING MARKET, BY REGION,
2021–2026 (USD MILLION)    96
8.3    SHIPPING CONTAINER-BASED VERTICAL FARMS    96
8.3.1    EMERGING VERTICAL FARM SOLUTIONS FOR SMALL FARMERS TO DRIVE DEMAND FOR SHIPPING CONTAINER-BASED VERTICAL FARMS    96
TABLE 21    SHIPPING CONTAINER-BASED VERTICAL FARMING MARKET, BY REGION, 2017–2020 (USD MILLION)    97
TABLE 22    SHIPPING CONTAINER-BASED VERTICAL FARMING MARKET, BY REGION, 2021–2026 (USD MILLION)    97
9    VERTICAL FARMING MARKET, BY CROP TYPE    98
9.1    INTRODUCTION    99
FIGURE 39    LETTUCE TO BE LEADING SEGMENT OF VERTICAL FARMING MARKET
BY CROP TYPE DURING FORECAST PERIOD    99
TABLE 23    VERTICAL FARMING MARKET, BY CROP TYPE, 2017–2020 (USD MILLION)    99
TABLE 24    VERTICAL FARMING MARKET, BY CROP TYPE, 2021–2026 (USD MILLION)    100
9.2    VEGETABLES    100
9.2.1    LETTUCE MAINLY CULTIVATED IN CONTROLLED ENVIRONMENT
IN VERTICAL FARMS    100

9.3    FRUITS    101
9.3.1    DEMAND FOR ORGANIC FRUITS TO DRIVE MARKET GROWTH OF
VERTICAL FARMS    101
TABLE 25    NORTH AMERICA: VERTICAL FARMING MARKET, BY CROP TYPE,  
2017–2020 (USD MILLION)    101
TABLE 26    NORTH AMERICA: VERTICAL FARMING MARKET, BY CROP TYPE,  
2021–2026 (USD MILLION)    102
TABLE 27    EUROPE: VERTICAL FARMING MARKET, BY CROP TYPE,
2017–2020 (USD MILLION)    102
TABLE 28    EUROPE: VERTICAL FARMING MARKET, BY CROP TYPE,
2021–2026 (USD MILLION)    103
TABLE 29    ASIA PACIFIC: VERTICAL FARMING MARKET, BY CROP TYPE,
2017–2020 (USD MILLION)    103
TABLE 30    ASIA PACIFIC: VERTICAL FARMING MARKET, BY CROP TYPE,
2021–2026 (USD MILLION)    104
TABLE 31    ROW: VERTICAL FARMING MARKET, BY CROP TYPE,
2017–2020 (USD MILLION)    104
TABLE 32    ROW: VERTICAL FARMING MARKET, BY CROP TYPE,
2021–2026 (USD MILLION)    105
10    VERTICAL FARMING MARKET, BY OFFERING    106
10.1    INTRODUCTION    107
FIGURE 40    VERTICAL FARMING MARKET BY HARDWARE TO HOLD LARGEST MARKET SHARE IN 2026    107
TABLE 33    VERTICAL FARMING MARKET, BY OFFERING, 2017–2020 (USD MILLION)    107
TABLE 34    VERTICAL FARMING MARKET, BY OFFERING, 2021–2026 (USD MILLION)    107
FIGURE 41    LIGHTING SEGMENT TO DOMINATE VERTICAL FARMING HARDWARE MARKET DURING FORECAST PERIOD    108
TABLE 35    VERTICAL FARMING MARKET, BY HARDWARE, 2017–2020 (USD MILLION)    108
TABLE 36    VERTICAL FARMING MARKET, BY HARDWARE, 2021–2026 (USD MILLION)    109
10.2    HARDWARE    109
10.2.1    LIGHTING    109
TABLE 37    VERTICAL FARMING MARKET FOR LIGHTING, BY REGION,
2017–2020 (USD MILLION)    110
TABLE 38    VERTICAL FARMING MARKET FOR LIGHTING, BY REGION,
2021–2026 (USD MILLION)    110
TABLE 39    VERTICAL FARMING MARKET FOR LIGHTING, BY COMPONENT,
2017–2020  (USD MILLION)    110
TABLE 40    VERTICAL FARMING MARKET FOR LIGHTING, BY COMPONENT,
2021–2026  (USD MILLION)    110
10.2.1.1    Lighting Fixtures    111
10.2.1.1.1    High Efficiency of LEDs to drive their demand in
vertical farms    111
TABLE 41    VERTICAL FARMING MARKET FOR LIGHTING FIXTURES, BY REGION,
2017–2020  (USD MILLION)    111
TABLE 42    VERTICAL FARMING MARKET FOR LIGHTING FIXTURES, BY REGION,
2021–2026  (USD MILLION)    111

10.2.1.2    Lighting Control    112
10.2.1.2.1    Connected energy-saving lighting systems proven to
be ideal for vertical farming    112
TABLE 43    VERTICAL FARMING MARKET FOR LIGHTING CONTROLS, BY REGION,
2017–2020  (USD MILLION)    112
TABLE 44    VERTICAL FARMING MARKET FOR LIGHTING CONTROLS, BY REGION,
2021–2026  (USD MILLION)    112
10.2.2    HYDROPONICS COMPONENTS    112
10.2.2.1    Appropriate utilization of nutrient-laden water ensures high
crop growth    112
TABLE 45    VERTICAL FARMING MARKET FOR HYDROPONIC COMPONENTS, BY REGION, 2017–2020 (USD MILLION)    113
TABLE 46    VERTICAL FARMING MARKET FOR HYDROPONIC COMPONENTS, BY REGION, 2021–2026 (USD MILLION)    114
10.2.3    CLIMATE CONTROL    114
10.2.3.1    Effective HVAC systems are critical to ensure high productivity through precise temperature control    114
TABLE 47    VERTICAL FARMING MARKET FOR CLIMATE CONTROL, BY REGION,
2017–2020  (USD MILLION)    114
TABLE 48    VERTICAL FARMING MARKET FOR CLIMATE CONTROL, BY REGION,  
2021–2026 (USD MILLION)    115
10.2.4    SENSORS    115
10.2.4.1    Sensors provide necessary data points for accurate monitoring to ensure high productivity and farm efficiency    115
TABLE 49    VERTICAL FARMING MARKET FOR SENSORS, BY REGION,
2017–2020 (USD MILLION)    115
TABLE 50    VERTICAL FARMING MARKET FOR SENSORS, BY REGION,
2021–2026 (USD MILLION)    116
10.3    SOFTWARE    116
10.4    SERVICES    117
11    GEOGRAPHY ANALYSIS    118
11.1    INTRODUCTION    119
FIGURE 42    ASIA PACIFIC TO DOMINATE VERTICAL FARMING MARKET DURING
FORECAST PERIOD    119
TABLE 51    VERTICAL FARMING MARKET, BY REGION, 2017–2020 (USD MILLION)    119
TABLE 52    VERTICAL FARMING MARKET, BY REGION, 2021–2026 (USD MILLION)    120
11.2    NORTH AMERICA    121
FIGURE 43    VERTICAL FARMING MARKET SNAPSHOT: NORTH AMERICA    121
TABLE 53    NORTH AMERICA: VERTICAL FARMING MARKET, BY COUNTRY,
2017–2020  (USD MILLION)    122
TABLE 54    NORTH AMERICA: VERTICAL FARMING MARKET, BY COUNTRY,
2021–2026  (USD MILLION)    122
TABLE 55    NORTH AMERICA: VERTICAL FARMING MARKET, BY STRUCTURE,  
2017–2020 (USD MILLION)    122
TABLE 56    NORTH AMERICA: VERTICAL FARMING MARKET, BY STRUCTURE,  
2021–2026 (USD MILLION)    122
TABLE 57    NORTH AMERICA: VERTICAL FARMING MARKET, BY GROWTH MECHANISM,  2017–2020 (USD MILLION)    123
TABLE 58    NORTH AMERICA: VERTICAL FARMING MARKET, BY GROWTH MECHANISM,  2021–2026 (USD MILLION)    123
TABLE 59    NORTH AMERICA: LIGHTING MARKET, BY COUNTRY,
2017–2020 (USD MILLION)    123
TABLE 60    NORTH AMERICA: LIGHTING MARKET, BY COUNTRY,
2021–2026 (USD MILLION)    123
TABLE 61    NORTH AMERICA: LIGHTING MARKET, BY LIGHTING COMPONENTS,  
2017–2020 (USD MILLION)    124
TABLE 62    NORTH AMERICA: LIGHTING MARKET, BY LIGHTING COMPONENTS,  
2021–2026 (USD MILLION)    124
TABLE 63    NORTH AMERICA: HYDROPONIC COMPONENTS MARKET, BY COUNTRY,  2017–2020 (USD MILLION)    124
TABLE 64    NORTH AMERICA: HYDROPONIC COMPONENTS MARKET, BY COUNTRY,  2021–2026 (USD MILLION)    124
TABLE 65    NORTH AMERICA: CLIMATE CONTROLS MARKET, BY COUNTRY,  
2017–2020 (USD MILLION)    125
TABLE 66    NORTH AMERICA: CLIMATE CONTROLS MARKET, BY COUNTRY,  
2021–2026 (USD MILLION)    125
TABLE 67    NORTH AMERICA: SENSORS MARKET, BY COUNTRY,
2017–2020 (USD MILLION)    125
TABLE 68    NORTH AMERICA: SENSORS MARKET, BY COUNTRY,
2021–2026 (USD MILLION)    126
11.2.1    US    126
11.2.1.1    Increase in number of vertical farms and partnerships among companies help boost vertical farming in US    126
TABLE 69    US: VERTICAL FARMING MARKET, BY STRUCTURE,
2017–2020 (USD MILLION)    127
TABLE 70    US: VERTICAL FARMING MARKET, BY STRUCTURE,
2021–2026 (USD MILLION)    127
TABLE 71    US: VERTICAL FARMING MARKET, BY GROWTH MECHANISM,
2017–2020 (USD MILLION)    127
TABLE 72    US: VERTICAL FARMING MARKET, BY GROWTH MECHANISM,
2021–2026 (USD MILLION)    127
TABLE 73    US: LIGHTING MARKET, BY LIGHTING COMPONENT,
2017–2020 (USD MILLION)    128
TABLE 74    US: LIGHTING MARKET, BY LIGHTING COMPONENT,
2021–2026 (USD MILLION)    128
11.2.2    CANADA    128
11.2.2.1    Presence of technologically advanced vertical farming companies in Canada increasing concept of growing crops vertically    128
TABLE 75    CANADA: VERTICAL FARMING MARKET, BY STRUCTURE,
2017–2020 (USD MILLION)    129
TABLE 76    CANADA: VERTICAL FARMING MARKET, BY STRUCTURE,
2021–2026 (USD MILLION)    129
TABLE 77    CANADA: VERTICAL FARMING MARKET, BY GROWTH MECHANISM,
2017–2020  (USD MILLION)    129
TABLE 78    CANADA: VERTICAL FARMING MARKET, BY GROWTH MECHANISM,
2021–2026  (USD MILLION)    129
TABLE 79    CANADA: LIGHTING MARKET, BY LIGHTING COMPONENT,
2017–2020 (USD MILLION)    130
TABLE 80    CANADA: LIGHTING MARKET, BY LIGHTING COMPONENT,
2021–2026 (USD MILLION)    130
11.2.3    MEXICO    130
11.2.3.1    Increase in population, deteriorating cultivation zones, and scarcity of water drive adoption of vertical farming in Mexico    130
TABLE 81    MEXICO: VERTICAL FARMING MARKET, BY STRUCTURE,
2017–2020 (USD MILLION)    130
TABLE 82    MEXICO: VERTICAL FARMING MARKET, BY STRUCTURE,
2021–2026 (USD MILLION)    131
TABLE 83    MEXICO: VERTICAL FARMING MARKET, BY GROWTH MECHANISM,
2017–2020  (USD MILLION)    131
TABLE 84    MEXICO: VERTICAL FARMING MARKET, BY GROWTH MECHANISM,
2021–2026  (USD MILLION)    131
TABLE 85    MEXICO: LIGHTING MARKET, BY LIGHTING COMPONENT,
2017–2020 (USD MILLION)    131
TABLE 86    MEXICO: LIGHTING MARKET, BY LIGHTING COMPONENT,
2021–2026 (USD MILLION)    132
11.3    EUROPE    132
FIGURE 44    VERTICAL FARMING MARKET SNAPSHOT: EUROPE    133
TABLE 87    EUROPE: VERTICAL FARMING MARKET, BY COUNTRY,
2017–2020 (USD MILLION)    133
TABLE 88    EUROPE: VERTICAL FARMING MARKET, BY COUNTRY,
2021–2026 (USD MILLION)    134
TABLE 89    EUROPE: VERTICAL FARMING MARKET, BY STRUCTURE,
2017–2020 (USD MILLION)    134
TABLE 90    EUROPE: VERTICAL FARMING MARKET, BY STRUCTURE,
2021–2026 (USD MILLION)    134
TABLE 91    EUROPE: VERTICAL FARMING MARKET, BY GROWTH MECHANISM,  
2017–2020 (USD MILLION)    134
TABLE 92    EUROPE: VERTICAL FARMING MARKET, BY GROWTH MECHANISM,  
2021–2026 (USD MILLION)    135
TABLE 93    EUROPE: LIGHTING MARKET, BY COUNTRY, 2017–2020 (USD MILLION)    135
TABLE 94    EUROPE: LIGHTING MARKET, BY COUNTRY, 2021–2026 (USD MILLION)    135
TABLE 95    EUROPE: LIGHTING MARKET, BY LIGHTING COMPONENTS,
2017–2020 (USD MILLION)    135
TABLE 96    EUROPE: LIGHTING MARKET, BY LIGHTING COMPONENTS,
2021–2026 (USD MILLION)    136
TABLE 97    EUROPE: HYDROPONIC COMPONENTS MARKET, BY COUNTRY,  
2017–2020 (USD MILLION)    136
TABLE 98    EUROPE: HYDROPONIC COMPONENTS MARKET, BY COUNTRY,  
2021–2026 (USD MILLION)    136
TABLE 99    EUROPE: CLIMATE CONTROLS MARKET, BY COUNTRY,
2017–2020 (USD MILLION)    136
TABLE 100    EUROPE: CLIMATE CONTROLS MARKET, BY COUNTRY,
2021–2026 (USD MILLION)    137
TABLE 101    EUROPE: SENSORS MARKET, BY COUNTRY, 2017–2020 (USD MILLION)    137
TABLE 102    EUROPE: SENSORS MARKET, BY COUNTRY, 2021–2026 (USD MILLION)    137
11.3.1    EU5    138
11.3.1.1    Focus on advanced technologies help create high growth opportunities for vertical farming market in EU5    138
TABLE 103    EU5: FARMING MARKET, BY STRUCTURE, 2017–2020 (USD MILLION)    139
TABLE 104    EU5: VERTICAL FARMING MARKET, BY STRUCTURE,
2021–2026 (USD MILLION)    139
TABLE 105    EU5: VERTICAL FARMING MARKET, BY GROWTH MECHANISM,
2017–2020  (USD MILLION)    139
TABLE 106    EU5: VERTICAL FARMING MARKET, BY GROWTH MECHANISM,
2021–2026  (USD MILLION)    139
TABLE 107    EU5: LIGHTING MARKET, BY LIGHTING COMPONENT,
2017–2020 (USD MILLION)    140
TABLE 108    EU5: LIGHTING MARKET, BY LIGHTING COMPONENT,
2021–2026 (USD MILLION)    140
11.3.2    SCANDINAVIA    140
11.3.2.1    Deployment of vertical farms in restaurants, retail, and grocery stores eliminates food wastage during transportation in Scandinavia    140
TABLE 109    SCANDINAVIA: FARMING MARKET, BY STRUCTURE,
2017–2020 (USD MILLION)    141
TABLE 110    SCANDINAVIA: VERTICAL FARMING MARKET, BY STRUCTURE,
2021–2026 (USD MILLION)    141
TABLE 111    SCANDINAVIA: VERTICAL FARMING MARKET, BY GROWTH MECHANISM, 2017–2020 (USD MILLION)    141
TABLE 112    SCANDINAVIA: VERTICAL FARMING MARKET, BY GROWTH MECHANISM, 2021–2026 (USD MILLION)    141
TABLE 113    SCANDINAVIA: LIGHTING MARKET, BY LIGHTING COMPONENT,
2017–2020  (USD MILLION)    142
TABLE 114    SCANDINAVIA: LIGHTING MARKET, BY LIGHTING COMPONENT,
2021–2026  (USD MILLION)    142
11.3.3    NETHERLANDS    142
11.3.3.1    Partnerships and collaborations between leading vertical farming companies are driving market’s growth in Netherlands    142
TABLE 115    NETHERLANDS: FARMING MARKET, BY STRUCTURE,
2017–2020 (USD MILLION)    142
TABLE 116    NETHERLANDS: VERTICAL FARMING MARKET, BY STRUCTURE,
2021–2026  (USD MILLION)    143
TABLE 117    NETHERLANDS: VERTICAL FARMING MARKET, BY GROWTH MECHANISM, 2017–2020 (USD MILLION)    143
TABLE 118    NETHERLANDS: VERTICAL FARMING MARKET, BY GROWTH MECHANISM, 2021–2026 (USD MILLION)    143
TABLE 119    NETHERLANDS: LIGHTING MARKET, BY LIGHTING COMPONENT,
2017–2020  (USD MILLION)    143
TABLE 120    NETHERLANDS: LIGHTING MARKET, BY LIGHTING COMPONENT,
2021–2026  (USD MILLION)    144

11.3.4    REST OF EUROPE    144
TABLE 121    REST OF EUROPE: VERTICAL FARMING MARKET, BY STRUCTURE,
2017–2020  (USD MILLION)    144
TABLE 122    REST OF EUROPE: VERTICAL FARMING MARKET, BY STRUCTURE,
2021–2026  (USD MILLION)    144
TABLE 123    REST OF EUROPE: VERTICAL FARMING MARKET, BY GROWTH MECHANISM, 2017–2020 (USD MILLION)    145
TABLE 124    REST OF EUROPE: VERTICAL FARMING MARKET, BY GROWTH MECHANISM, 2021–2026 (USD MILLION)    145
TABLE 125    REST OF EUROPE: LIGHTING MARKET, BY LIGHTING COMPONENT,
2017–2020  (USD MILLION)    145
TABLE 126    REST OF EUROPE: LIGHTING MARKET, BY LIGHTING COMPONENT,
2021–2026  (USD MILLION)    145
11.4    ASIA PACIFIC    146
FIGURE 45    VERTICAL FARMING MARKET SNAPSHOT: ASIA PACIFIC    146
TABLE 127    ASIA PACIFIC: VERTICAL FARMING MARKET, BY COUNTRY,
2017–2020 (USD MILLION)    147
TABLE 128    ASIA PACIFIC: VERTICAL FARMING MARKET, BY COUNTRY,
2021–2026 (USD MILLION)    147
TABLE 129    ASIA PACIFIC: VERTICAL FARMING MARKET, BY STRUCTURE,  
2017–2020 (USD MILLION)    147
TABLE 130    ASIA PACIFIC: VERTICAL FARMING MARKET, BY STRUCTURE,  
2021–2026 (USD MILLION)    147
TABLE 131    ASIA PACIFIC: VERTICAL FARMING MARKET, BY GROWTH MECHANISM,  2017–2020 (USD MILLION)    148
TABLE 132    ASIA PACIFIC: VERTICAL FARMING MARKET, BY GROWTH MECHANISM,  2021–2026 (USD MILLION)    148
TABLE 133    ASIA PACIFIC: LIGHTING MARKET, BY COUNTRY, 2017–2020 (USD MILLION)    148
TABLE 134    ASIA PACIFIC: LIGHTING MARKET, BY COUNTRY, 2021–2026 (USD MILLION)    149
TABLE 135    ASIA PACIFIC: LIGHTING MARKET, BY LIGHTING COMPONENTS,  
2017–2020 (USD MILLION)    149
TABLE 136    ASIA PACIFIC: LIGHTING MARKET, BY LIGHTING COMPONENTS,  
2021–2026 (USD MILLION)    149
TABLE 137    ASIA PACIFIC: HYDROPONIC COMPONENTS MARKET, BY COUNTRY,  
2017–2020 (USD MILLION)    149
TABLE 138    ASIA PACIFIC: HYDROPONIC COMPONENTS MARKET, BY COUNTRY,  
2021–2026 (USD MILLION)    150
TABLE 139    ASIA PACIFIC: CLIMATE CONTROLS MARKET, BY COUNTRY,  
2017–2020 (USD MILLION)    150
TABLE 140    ASIA PACIFIC: CLIMATE CONTROLS MARKET, BY COUNTRY,  
2021–2026 (USD MILLION)    150
TABLE 141    ASIA PACIFIC: SENSORS MARKET, BY COUNTRY, 2017–2020 (USD MILLION)    151
TABLE 142    ASIA PACIFIC: SENSORS MARKET, BY COUNTRY, 2021–2026 (USD MILLION)    151
11.4.1    CHINA    151
11.4.1.1    Investment in vertical farming is increasing due to increase in urban population and declining agricultural land in China    151
TABLE 143    CHINA: VERTICAL FARMING MARKET, BY STRUCTURE,
2017–2020 (USD MILLION)    152
TABLE 144    CHINA: VERTICAL FARMING MARKET, BY STRUCTURE,
2021–2026 (USD MILLION)    152
TABLE 145    CHINA: VERTICAL FARMING MARKET, BY GROWTH MECHANISM,  
2017–2020 (USD MILLION)    152
TABLE 146    CHINA: VERTICAL FARMING MARKET, BY GROWTH MECHANISM,  
2021–2026 (USD MILLION)    152
TABLE 147    CHINA: LIGHTING MARKET, BY LIGHTING COMPONENT,
2017–2020 (USD MILLION)    153
TABLE 148    CHINA: LIGHTING MARKET, BY LIGHTING COMPONENT,
2021–2026 (USD MILLION)    153
11.4.2    JAPAN    153
11.4.2.1    High involvement in R&D for vertical farming producing growth opportunities for vertical farming market in Japan    153
TABLE 149    JAPAN: VERTICAL FARMING MARKET, BY STRUCTURE,
2017–2020 (USD MILLION)    154
TABLE 150    JAPAN: VERTICAL FARMING MARKET, BY STRUCTURE,
2021–2026 (USD MILLION)    154
TABLE 151    JAPAN: VERTICAL FARMING MARKET, BY GROWTH MECHANISM,
2017–2020  (USD MILLION)    154
TABLE 152    JAPAN: VERTICAL FARMING MARKET, BY GROWTH MECHANISM,
2021–2026  (USD MILLION)    155
TABLE 153    JAPAN: LIGHTING MARKET, BY LIGHTING COMPONENT,
2017–2020 (USD MILLION)    155
TABLE 154    JAPAN: LIGHTING MARKET, BY LIGHTING COMPONENT,
2021–2026 (USD MILLION)    155
11.4.3    SINGAPORE    155
11.4.3.1    Support from government and achieving food security helping Singapore to become global leader in vertical farming    155
TABLE 155    SINGAPORE: VERTICAL FARMING MARKET, BY STRUCTURE,
2017–2020 (USD MILLION)    156
TABLE 156    SINGAPORE: VERTICAL FARMING MARKET, BY STRUCTURE,
2021–2026 (USD MILLION)    156
TABLE 157    SINGAPORE: VERTICAL FARMING MARKET, BY GROWTH MECHANISM,
2017–2020  (USD MILLION)    156
TABLE 158    SINGAPORE: VERTICAL FARMING MARKET, BY GROWTH MECHANISM,
2021–2026  (USD MILLION)    157
TABLE 159    SINGAPORE: LIGHTING MARKET, BY LIGHTING COMPONENT,
2017–2020 (USD MILLION)    157
TABLE 160    SINGAPORE: LIGHTING MARKET, BY LIGHTING COMPONENT,
2021–2026 (USD MILLION)    157
11.4.4    REST OF ASIA PACIFIC    157
TABLE 161    REST OF ASIA PACIFIC: VERTICAL FARMING MARKET, BY STRUCTURE,
2017–2020  (USD MILLION)    158
TABLE 162    REST OF ASIA PACIFIC: VERTICAL FARMING MARKET, BY STRUCTURE,
2021–2026  (USD MILLION)    158
TABLE 163    REST OF ASIA PACIFIC: VERTICAL FARMING MARKET, BY GROWTH MECHANISM,  2017–2020 (USD MILLION)    158
TABLE 164    REST OF ASIA PACIFIC: VERTICAL FARMING MARKET, BY GROWTH MECHANISM,  2021–2026 (USD MILLION)    159
TABLE 165    REST OF ASIA PACIFIC: LIGHTING MARKET, BY LIGHTING COMPONENT, 2017–2020  (USD MILLION)    159
TABLE 166    REST OF ASIA PACIFIC: LIGHTING MARKET, BY LIGHTING COMPONENT, 2021–2026  (USD MILLION)    159
11.5    REST OF THE WORLD    160
TABLE 167    ROW: VERTICAL FARMING MARKET, BY COUNTRY,
2017–2020 (USD MILLION)    160
TABLE 168    ROW: VERTICAL FARMING MARKET, BY COUNTRY,
2021–2026 (USD MILLION)    160
TABLE 169    ROW: VERTICAL FARMING MARKET, BY STRUCTURE,
2017–2020 (USD MILLION)    160
TABLE 170    ROW: VERTICAL FARMING MARKET, BY STRUCTURE,
2021–2026 (USD MILLION)    160
TABLE 171    ROW: VERTICAL FARMING MARKET, BY GROWTH MECHANISM,
2017–2020  (USD MILLION)    161
TABLE 172    ROW: VERTICAL FARMING MARKET, BY GROWTH MECHANISM,
2021–2026  (USD MILLION)    161
TABLE 173    ROW: LIGHTING MARKET, BY COUNTRY, 2017–2020 (USD MILLION)    161
TABLE 174    ROW: LIGHTING MARKET, BY COUNTRY, 2021–2026 (USD MILLION)    161
TABLE 175    ROW: LIGHTING MARKET, BY LIGHTING COMPONENTS,
2017–2020 (USD MILLION)    162
TABLE 176    ROW: LIGHTING MARKET, BY LIGHTING COMPONENTS,
2021–2026 (USD MILLION)    162
TABLE 177    ROW: HYDROPONIC COMPONENTS MARKET, BY COUNTRY,
2017–2020 (USD MILLION)    162
TABLE 178    ROW: HYDROPONIC COMPONENTS MARKET, BY COUNTRY,
2021–2026 (USD MILLION)    162
TABLE 179    ROW: CLIMATE CONTROLS MARKET, BY COUNTRY,
2017–2020 (USD MILLION)    163
TABLE 180    ROW: CLIMATE CONTROLS MARKET, BY COUNTRY,
2021–2026 (USD MILLION)    163
TABLE 181    ROW: SENSORS MARKET, BY COUNTRY, 2017–2020 (USD MILLION)    163
TABLE 182    ROW: SENSORS MARKET, BY COUNTRY, 2021–2026 (USD MILLION)    163
11.5.1    MIDDLE EAST & AFRICA    164
11.5.1.1    Increase in investments to develop indoor vertical farming in Middle East & Africa    164
TABLE 183    MIDDLE EAST & AFRICA: VERTICAL FARMING MARKET, BY STRUCTURE, 2017–2020  (USD MILLION)    164
TABLE 184    MIDDLE EAST & AFRICA: VERTICAL FARMING MARKET, BY STRUCTURE, 2021–2026  (USD MILLION)    165
TABLE 185    MIDDLE EAST & AFRICA: VERTICAL FARMING MARKET, BY GROWTH MECHANISM,  2017–2020 (USD MILLION)    165
TABLE 186    MIDDLE EAST & AFRICA: VERTICAL FARMING MARKET, BY GROWTH MECHANISM,  2021–2026 (USD MILLION)    165
TABLE 187    MIDDLE EAST & AFRICA: LIGHTING MARKET, BY LIGHTING COMPONENT, 2017–2020 (USD MILLION)    165
TABLE 188    MIDDLE EAST & AFRICA: LIGHTING MARKET, BY LIGHTING COMPONENT, 2021–2026 (USD MILLION)    166
11.5.2    SOUTH AMERICA    166
11.5.2.1    Emergence of start-ups involved in vertical farming to boost growth of market in South America    166
TABLE 189    SOUTH AMERICA: VERTICAL FARMING MARKET, BY STRUCTURE,
2017–2020  (USD MILLION)    166
TABLE 190    SOUTH AMERICA: VERTICAL FARMING MARKET, BY STRUCTURE,
2021–2026  (USD MILLION)    167
TABLE 191    SOUTH AMERICA: VERTICAL FARMING MARKET, BY GROWTH MECHANISM, 2017–2020 (USD MILLION)    167
TABLE 192    SOUTH AMERICA: VERTICAL FARMING MARKET, BY GROWTH MECHANISM, 2021–2026 (USD MILLION)    167
TABLE 193    SOUTH AMERICA: LIGHTING MARKET, BY LIGHTING COMPONENT,
2017–2020  (USD MILLION)    167
TABLE 194    SOUTH AMERICA: LIGHTING MARKET, BY LIGHTING COMPONENT,
2021–2026  (USD MILLION)    168
12    COMPETITIVE LANDSCAPE    169
12.1    OVERVIEW    169
FIGURE 46    ORGANIC AND INORGANIC STRATEGIES ADOPTED BY COMPANIES OPERATING IN VERTICAL FARMING MARKET    170
12.2    MARKET SHARE AND RANKING ANALYSIS    171
TABLE 195    VERTICAL FARMING MARKET: DEGREE OF COMPETITION,2020
(LIGHTING PROVIDERS)    171
TABLE 196    VERTICAL FARMING MARKET: DEGREE OF COMPETITION,2020
(CROP PRODUCERS)    171
12.3    FIVE-YEAR COMPANY REVENUE ANALYSIS    172
FIGURE 47    REVENUE ANALYSIS FOR KEY COMPANIES IN PAST FIVE YEARS    172
12.4    VERTICAL FARMING MARKET: COMPANY EVALUATION MATRIX (FOR OEMS AND SYSTEM INTEGRATORS), 2020    173
FIGURE 48    VERTICAL FARMING MARKET: COMPANY EVALUATION MATRIX (FOR OEMS AND SYSTEM INTEGRATORS), 2020    173
12.4.1    STAR    174
12.4.2    PERVASIVE PLAYER    174
12.4.3    EMERGING LEADER    174
12.4.4    PARTICIPANT    174
12.5    COMPETITIVE BENCHMARKING    175
TABLE 197    COMPANY FOOTPRINT    175
TABLE 198    COMPANY OFFERING FOOTPRINT    176
TABLE 199    COMPANY REGIONAL FOOTPRINT    177
12.6    VERTICAL FARMING MARKET: COMPANY EVALUATION MATRIX (FOR GROWERS /VERTICAL FARMING COMPANIES), 2020    178
FIGURE 49    VERTICAL FARMING MARKET: COMPANY EVALUATION  MATRIX (FOR GROWERS/VERTICAL FARMING COMPANIES), 2020    178
12.6.1    STAR    179
12.6.2    PERVASIVE    179

12.6.3    EMERGING LEADER    179
12.6.4    PARTICIPANT    179
12.7    COMPETITIVE SCENARIO AND TRENDS    180
12.7.1    PRODUCT LAUNCHES    180
TABLE 200    VERTICAL FARMING MARKET: PRODUCT LAUNCHES AND DEVELOPMENTS, FEBRUARY 2019–JUNE 2021    180
12.7.2    DEALS    181
TABLE 201    VERTICAL FARMING MARKET: DEALS, MARCH 2020–AUGUST 2021    181
12.7.3    EXPANSIONS    182
TABLE 202    VERTICAL FARMING MARKET: OTHERS, MARCH 2019–AUGUST 2021    182
13    COMPANY PROFILE    184
13.1    INTRODUCTION    184
13.2    KEY PLAYERS    185
(Business overview, Products/Solutions/Services offered, MNM view)*
13.2.1    SIGNIFY    185
TABLE 203    SIGNIFY: BUSINESS OVERVIEW    185
FIGURE 50    SIGNIFY: COMPANY SNAPSHOT    186
TABLE 204    SIGNIFY: PRODUCTS/SOLUTIONS/SERVICES OFFERINGS    187
TABLE 205    SIGNIFY: DEALS    187
13.2.2    OSRAM    189
TABLE 206    OSRAM: BUSINESS OVERVIEW    189
FIGURE 51    OSRAM: COMPANY SNAPSHOT    190
TABLE 207    OSRAM: PRODUCTS/SOLUTIONS/SERVICES OFFERINGS    191
TABLE 208    OSRAM: PRODUCT LAUNCHES    191
TABLE 209    OSRAM: DEALS    192
TABLE 210    OSRAM: OTHERS    192
13.2.3    FREIGHT FARMS    194
TABLE 211    FREIGHT FARMS BUSINESS OVERVIEW    194
TABLE 212    FREIGHT FARMS: PRODUCTS/SOLUTIONS/SERVICES OFFERINGS    194
TABLE 213    FREIGHT FARMS: PRODUCT LAUNCHES    195
TABLE 214    FREIGHT FARMS: DEALS    195
TABLE 215    FREIGHT FARMS: OTHERS    196
13.2.4    AEROFARMS    197
TABLE 216    AEROFARMS: BUSINESS OVERVIEW    197
TABLE 217    AEROFARMS: PRODUCTS/SOLUTIONS/SERVICES OFFERINGS    197
TABLE 218    AEROFARMS: DEALS    198
TABLE 219    AEROFARMS: OTHERS    199
13.2.5    SKY GREENS    201
TABLE 220    SKY GREENS: BUSINESS OVERVIEW    201
TABLE 221    SKY GREENS: PRODUCTS/SOLUTIONS/SERVICES OFFERINGS    201
13.2.6    SPREAD    203
TABLE 222    SPREAD: BUSINESS OVERVIEW    203
TABLE 223    SPREAD: PRODUCTS/SOLUTIONS/SERVICES OFFERINGS    203
13.2.7    PLENTY    204
TABLE 224    PLENTY: BUSINESS OVERVIEW    204
TABLE 225    PLENTY: PRODUCTS/SOLUTIONS/SERVICES OFFERINGS    204
TABLE 226    PLENTY: OTHERS    205
13.2.8    VALOYA    206
TABLE 227    VALOYA: BUSINESS OVERVIEW    206
TABLE 228    VALOYA: PRODUCTS/SOLUTIONS/SERVICES OFFERINGS    206
TABLE 229    VALOYA: DEALS    207
13.2.9    EVERLIGHT ELECTRONICS    208
TABLE 230    EVERLIGHT ELECTRONICS: BUSINESS OVERVIEW    208
FIGURE 52    EVERLIGHT ELECTRONICS: COMPANY SNAPSHOT    209
TABLE 231    EVERLIGHT ELECTRONICS: PRODUCTS/SOLUTIONS/SERVICES OFFERINGS    210
13.2.10    HELIOSPECTRA AB    211
TABLE 232    HELIOSPECTRA AB: BUSINESS OVERVIEW    211
FIGURE 53    HELIOSPECTRA AB: COMPANY SNAPSHOT    211
TABLE 233    HELIOSPECTRA AB: PRODUCTS/SOLUTIONS/SERVICES OFFERINGS    212
TABLE 234    HELIOSPECTRA AB: PRODUCT LAUNCHES    213
TABLE 235    HELIOSPECTRA AB: DEALS    214
TABLE 236    HELIOSPECTRA AB: OTHERS    215
13.2.11    GREEN SENSE FARMS    216
TABLE 237    GREEN SENSE FARMS: BUSINESS OVERVIEW    216
TABLE 238    GREEN SENSE FARMS: PRODUCTS/SOLUTIONS/SERVICES OFFERINGS    216
13.2.12    AGRILUTION    217
TABLE 239    AGRILUTION: BUSINESS OVERVIEW    217
TABLE 240    AGRILUTION: PRODUCTS/SOLUTIONS/SERVICES OFFERINGS    217
13.2.13    AMERICAN HYDROPONICS    218
TABLE 241    AMERICAN HYDROPONICS: BUSINESS OVERVIEW    218
TABLE 242    AMERICAN HYDROPONICS: PRODUCTS/SOLUTIONS/SERVICES OFFERINGS    218
13.2.14    URBAN CROP SOLUTIONS    219
TABLE 243    BUSINESS OVERVIEW: URBAN CROP SOLUTIONS    219
TABLE 244    URBAN CROP SOLUTIONS: PRODUCTS/SOLUTIONS/SERVICES OFFERINGS    219
13.3    OTHER KEY PLAYERS    220
13.3.1    VERTICAL FARM SYSTEMS    220
13.3.2    BOWERY FARMING    221
13.3.3    AGRICOOL    222
13.3.4    SANANBIO    223
13.3.5    GROWPOD SOLUTIONS    224
13.3.6    INFARM    225
13.3.7    ALTIUS FARMS    226
13.3.8    INTELLIGENT GROWTH SOLUTIONS    227
13.3.9    4D BIOS INC    228
13.3.10    FUTURE CROPS    229
13.3.11    BRIGHT FARMS    230
13.3.12    SWEGREEN    231
13.3.13    VERTICAL FUTURE LTD.    232
*Details on Business overview, Products/Solutions/Services offered, MNM view might not be captured in case of unlisted companies.
14    APPENDIX    233
14.1    INSIGHTS FROM INDUSTRY EXPERTS    233
14.2    DISCUSSION GUIDE    234
14.3    KNOWLEDGE STORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL    237
14.4    AVAILABLE CUSTOMIZATIONS    239
14.5    RELATED REPORTS    239
14.6    AUTHOR DETAILS    240"