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Vertical Farming Market worth 3.88 Billion USD by 2020

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The vertical farming market is estimated to exhibit high growth potential till 2020. The total market is expected to reach USD 3.88 Billion by 2020 from USD 1.01 Billion in 2015, at a CAGR of 30.7% between 2015 and 2020. The major driving factors for the growth of market are need for high quality of food without the use of pesticides, no crop failures due to weather, increasing urban population, diminishing cultivable land, and ability to grow crops all year round.

The largest market in the functional device segment is lighting market owing to the high acceptance of LEDs to replace traditional lighting. LEDs have been developed which provide optimum electromagnetic spectrum for photosynthesis, consume less energy, and have minimal heat signatures which keeps the energy requirement for temperature maintenance at a minimum. The market for climate control functional device is expected to grow at the highest rate during the forecast period between 2015 and 2020 of the vertical farming market. The climate control system proactively manages the temperature, humidity, air circulation, carbon dioxide levels, ph levels, and nutrient levels which ensures perfect growing conditions for the crops.

Hydroponics is the largest market for growth mechanism segment of the vertical farming market. Low requirement of water, stable and high yields, and no requirement of soil are the major drivers for the growth of the hydroponics market. Hydroponics also enables the grower to control the nutrition levels in their entirety, thus preventing nutrient wastage and lowering costs. Aeroponics systems are expected to grow at a fast pace during the forecast period. The growth can be attributed to the fact that aeroponic systems use mist environment to transmit nutrients to plants which completely eliminates the use of any substrate or solution for cultivation.

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Window Farm, Version I
Water Pump Window Farm Window Farm, Version I We finally put together the first window farm.  We didn't completely research how to manage the window farm with an air pump, so the mechanics are based on moving water through the system using a water pump. Whe...

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Hi !
Here is my actual project since the beginning. Next step, 2 more lines of 4 bottles on the left window.

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So, over the past year, we have been tinkering, modifying, and celebrating some modest successes with a vertical window farm that was established as part of an Urban Agriculture Class.

Two teams competed during the course, and both projects were functional at the conclusion. The benefit of the system that we maintained is that it is :

1. Cheap, and easy to make.
2. Uses recycled - or readily accessible materials.
and ...
3. Is simple enough for your grandmother to make. (It's easy!)

Sound interseted? Stay tuned. More photos and details to follow.
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