Axiom MRC has updated all it's market research reports with the Economic Impact Analysis of COVID19 Pandemic on the market. Our team of analyst are following Comprehensive Three Dimensional (3D) Research Methodology along with large number primary interviews with key industry participants to bring insightful market reports to meet the current market requirements.
Aeroponics is the process of growing plants in an air or mist environment without the use of soil or an aggregate medium. Aeroponic culture differs from both conventional hydroponics, aquaponics, and in-vitro growing. Aeroponics is conducted without a growing medium. Clean air supplies oxygen which is an excellent purifier for the plants and the aeroponics environment. Some of the major advantages of aeroponic system such as it uses considerably less energy and water than traditional agriculture also air act as a medium to grow plants, considerably less maintenance is needed. In this system, the plant root are exposed to sufficient oxygen and they can easily absorb it. This promotes quick and disease-free plants growth. Aeroponic system is safe for environment as it saves water and reduces more engagement of labor. Through aeroponic method plant grow faster than traditional methods.
Increasing consumer awareness regarding the advantages of consuming fresh and high-quality food is expected to drive growth of aeroponics market. Rise in population and growth in urbanization has increased the requirement of food and food security among different governments globally. Need for higher yield with limited spaces and resources, higher yield compared to conventional farming method for indoor farming facility used in indoor farming create optimum growing condition for farmers. Harvesting stages in lesser time and obtain higher yield lead to more growth in aeroponics market.
COVID-19 pandemic, many individuals have developed a critical point of view towards outdoor food. The agriculture industry faced challenges during the initial phases of pandemic. There is huge labor shortages on the farm and the falling prices of agricultural product and the disruption of logistics. After outbreak of coronavirus pandemic, the adoption of urban indoor farming systems rise.
The report analyses the Aeroponics Farming market based on, application, component and geography.
Aeroponics farming market applications include indoor and outdoor farming. Indoor farming includes poly greenhouse, indoor vertical farms, container farms and other facility types. The market for indoor farming is experiencing rapid growth, owing to the limited land use, water efficiency, and the benefits of controlled farming devoid of any climate change. Besides, indoor farms are fully enclosed and opaque rooms that make use of artificial lights and consist of vertical growing system such as hydroponics, aeroponics or aquaponics. Crop from indoor farming can be grown all year round, independent of external weather condition. The environment is kept free from pest and disease so that the plants grow healthier and more quickly than plant grown in an outdoor farm.
The various components of aeroponics farming are irrigation component, lighting, sensor, climate control, building material, etc. Lighting is one of the most important component for growing crops as sunlight is considered as a vital resource in traditional farming. However, vertical farming highly depends on artificial lights. Thus, artificial light act as a substitute for sunlight and is required to provide sufficient light that enables crop growth. The amount and duration of the light are the main aspects considered while providing lighting for plants. Outdoor lighting conditions can be created with varying colors, temperatures, and spectral outputs from the grow lights. Color temperature are used with specific plants and for different time period.
Geographically, the aeroponics farming market is studied across the countries of key regions such as North America, Europe, Asia Pacific and Rest of the World. Growing government initiatives and regulations to enhance the agriculture industry in the region are expected to drive the North America. North America are actively providing subsidy to enhance the applications of smart technology. Aeroponics farming is this region growing due to government support and rising awareness among cultivators are drive demand for aeroponics farming market. Demand for aeroponics farming has been growing in this region due to the increasing investment in agriculture operations to meet the demands of the crop growers to attain export-quality crops.
Some of the major players operating in the market include, Signify (Netherlands), Osram (Germany), Aerofarms (US), Plenty (US), Valoya (Finland), Apread Co.,Ltd. (Japan), Plenty (US), Living Greens Farm Inc., Saveer Biotech Ltd, Ponics Technology, Lettus Grow, Altius Farms, CombaGroup SA, Evergreen Farm Oy. BrightFarmsInc.
The report analyses the Aeroponic Farming market based on, Application, Component and Region. The market finds application into indoor and outdoor farming. The major components of aeroponics farming include irrigation component, lighting, sensor, climate control, building material etc. Lighting is most important component to grow crop. Geographically, the indeed farming technology market is studied across the countries of key regions such as North America, Europe, Asia Pacific and Rest of the World.
Some of the major players operating in the market include, Signify, Osram, Aerofarms, Plenty, Valoya, Apread Co. Ltd., Plenty, Living Greens Farm Inc., Saveer Biotech Ltd, Ponics Technology, Lettus Grow, Altius Farms, CombaGroup SA, Evergreen Farm Oy. BrightFarmsInc
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