Int'l : +1-503-894-6022 | Toll Free : +1-800-792-5285 | help@alliedmarketresearch.com
A04835 | Pages: 40 | Charts: 05 | Tables: 4 |
The North America Aeroponics Farming was valued at $126.2 million in 2017, and is projected to reach $759.4 million by 2025, registering a CAGR of 25.5% from 2018 to 2025.
Aeroponics is an indoor gardening practice in which plants are grown and nourished by suspending their root structures in air. The process requires regular spraying of nutrients and water solution. Moreover, it offers an efficient means to grow plants, including fruits and vegetables, without the need to pot the plants to nutrient-rich soil. The plants are suspended in an enclosed setting and water, mixed with plant food, is sprayed onto the roots. North America Aeroponics Farming Market is driven by aeroponics systems that are frequently employed in an enclosed environment such as a greenhouse so that the temperature and humidity can be accurately regulated. The North America Aeroponics Market analysis provides in-depth coverage of the aeroponics systems used across the region. Moreover, the analysis also covers the North America Aeroponics Farming Market Forecast for the aeroponics components for the upcoming years.
Get more information on this report : Request Sample Pages
The future of agriculture is unfolding in Newark, and is expected to set up a new standard in agricultural production. The world biggest aeroponics farm in the world is under construction, with 6400 m2 of cultivated spaces without soil. The infrastructure is developed by AeroFarms, and is fueled by photovoltaic panels, which is expected to produce over two million kg of vegetables per year. In addition, the UAE received its first vertical aeroponics farm in January 2018 from Indoor Farms of America, an America vertical farming industry. The farm is located in Dubai and is set to open for business in the coming months.
Factors such as increase in popularity of organic foods, limited arable land for agriculture, and rise in popularity of diseasefree environment in agriculture drive the growth of the North America aeroponics farming market share across North America. However, high initial investment to acquire the technology acts as a major barrier, which hampers the North America aeroponics farming market growth. On the contrary, increase in urban population and technological advancements replacing traditional farming methods are anticipated to offer lucrative opportunities for the North America aeroponics farming market growth.
Segmentation
The North America aeroponics farming market size is segmented into by component and country. Based on component, the market is classified into irrigation component, lightning, sensor, climate control, building material, and others. Country wise, it is analyzed across the U.S., Canada, and Mexico.
Get more information on this report : Request Sample Pages
Top Impacting Factors
Factors such as increase in popularity of organic foods, limited arable land for agriculture, rise in popularity of disease-free environment in agriculture, and high initial investments to acquire the technology impact the growth of the America aeroponics farming marke. Moreover, the North America aeroponics market opportunity is affected by factors such as increase in urban population and technological advancements replacing traditional farming. These factors are anticipated to either drive or hamper the North America aeroponics farming market trends.
Get more information on this report : Request Sample Pages
Increase in popularity of organic foods
Organic food refers to the products obtained through farming system that does not use synthetic fertilizers, pesticides, and growth regulators. In the present scenario, people across the globe have become increasingly aware about the source of food that they consume on a daily basis. This results in increased demand for organic food. For instance, in North America, the sale of organic food has witnessed significant growth over the past few years.
High initial investments to acquire the technology
The aeroponics farming market is expected to grow at a significant rate in the near future, owing to increase in demand for crops and use of effective agriculture techniques. However, the adoption of aeroponics farming incurs heavy initial investment, which restrains the growth of the market. Moreover, high requirement for skilled workforce adds to the overall cost of cultivators. Aggregate aeroponics farming method is used to deliver the passive medium and nutrient solution into the plant root, which is more expensive than other agriculture methods. Moreover, farmers are not completely aware of the operational and technological benefits of complete aeroponics farming method, which acts as one of the key restraining factors of the North America aeroponics farming market.
Technological advancements replacing traditional farming
Aeroponics farming is a technology-based approach toward food production. The farming technique is dependent on various technologies such as usage of smart LED lights, smart data monitoring, pest management, smart size scaling, maintenance, temperature, and humidity. The adoption of smart technologies in this farming technique promotes superior quality foods, faster harvest cycle, year-round crop growing facilities, less water consumption, and improved crop predictability. Usage of such enhanced technologies in aeroponics farming techniques provides lucrative opportunities and assists in market expansion.
Get more information on this report : Request Sample Pages
Key Market Segments
CHAPTER 1:INTRODUCTION
1.1.REPORT DESCRIPTION
1.2.KEY BENEFITS FOR STAKEHOLDERS
1.3.STAKEHOLDERS
1.4.KEY MARKET SEGMENTS
1.5.RESEARCH METHODOLOGY
1.5.1.Primary research
1.5.2.Secondary research
1.5.3.Analyst tools and models
CHAPTER 2:MARKET OVERVIEW
2.1.MARKET DEFINITION AND SCOPE
2.2.EVOLUTION AND TRENDS
2.3.CHALLENGES AND SOLUTIONS
2.3.1.Market need
2.3.1.1.Promotes fast and healthy plant growth
2.3.1.2.Requires small place for agricultural production
2.3.1.3.Year round cultivation
2.3.2.Drivers
2.3.2.1.Increase in popularity of organic food
2.3.2.2.Limited arable land for traditional agriculture
2.3.2.3.Popularity of disease-free environment in agriculture
2.3.3.Opportunities
2.3.3.1.Increased in urban population
2.3.3.2.Technological advancement replacing traditional farming techniques
2.3.4.Challenges
2.3.4.1.High initial investment cost
2.4.MARKET SIZING AND FORECASTING
2.4.1.By component
2.4.1.1.Overview
2.4.1.2.Irrigation component
2.4.1.3.Lightning
2.4.1.4.Sensor
2.4.1.5.Climate control
2.4.1.6.Building materials
2.4.1.7.Others
2.4.2.By region
2.4.3.Market analysis, by country
2.4.3.1.U.S.
2.4.3.2.Canada
2.4.3.3.Mexico
CHAPTER 3:INNOVATION COMPARISION
3.1.COMPANY OVERVIEW
3.2.COMPARISON OF MARKET PLAYERS
LIST OF TABLES
TABLE 01.AEROPONICS FARMING MARKET, BY COMPONENT, 2017–2025 ($MILLION)
TABLE 02.U.S. AEROPONICS FARMING MARKET, BY COMPONENT, 2017–2025 ($MILLION)
TABLE 03.CANADA AEROPONICS FARMING MARKET, BY COMPONENT, 2017–2025 ($MILLION)
TABLE 04.MEXICO AEROPONICS FARMING MARKET, BY COMPONENT, 2017–2025 ($MILLION)
LIST OF FIGURES
FIGURE 01.AEROPONICS FARMING MARKET SHARE, BY COMPONENT, 2017–2025 (%)
FIGURE 02.COMPARATIVE SHARE ANALYSIS OF AEROPONICS FARMING MARKET, BY COUNTRY, 2017–2025 (%)
FIGURE 03.U. S. AEROPONICS FARMING MARKET, 2017–2025 ($MILLION)
FIGURE 04.CANADA AEROPONICS FARMING MARKET, 2017–2025 ($MILLION)
FIGURE 05.MEXICO AEROPONICS FARMING MARKET, 2017–2025 ($MILLION)