Environmental issues are the main driver behind the expansion of the Global Agritecture Market over the forecast timeframe 2022-2027.
Based on TechSci Research report, "Agritecture Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2016-2026" The global market for agritechture is expected to show an astounding CAGR towards forces expansion in the timeframe of 2022-2026, as a result of the increasing use of environmentally sustainable plant production and farming practices. A surge in the demand for plants that are attractive like succulents and ornamental plants, as well as grunge plants and more. is also driving the expansion of the global agricultural market over the next five years. In addition, the rapid increase in the population of world has prompted the need for more homes and infrastructures.
The possibility of integrating farming practices that are modern in new construction is also assisting in the development of the global agri-design market over the coming five years. Agritecture practices that are used in warehouses towers, skyscrapers, and shipping containers are the latest ways of integrating the design of infrastructure with Agritecture which will aid in the development of the global agri-design market over the next five years. In addition, the growing demands for urban farming are contributing to the expansion of the global agri-design market over the next five years, through 2026.
Additionally, the high cost of implementing technology to ensure the long-term sustainability of these practices could hinder the growth of the global agri-tech market in the coming five years.
Browse through XX market data figures scattered across 110 Pages as well as an extensive TOC on the " Global Agritecture Market"
The global agritechture market is classified by integration structures, application, competitive landscape, as well as the distribution of regional markets. According to integration factors, the market can be separated into indoor as well as outdoor, integration. Outdoor integration is expected to have the highest market share in terms of revenue and lead the market over the next five years due to the fact of growing demand for environmentally friendly systems being used in the different infrastructures. Additionally, the concept that green building is helping to boost the growth of the global agricultural market over the next five years. In addition, the absence of land for Agritecture and the demand to incorporate agricultural practices into the buildings of corporations, and government buildings are further supporting the growing global market for agri-design in the coming five years. Indoor integration is expected to see significant growth over the next five years due to the impact of new technologies being implemented in agricultural practices that are vertical. Technologies such as LED technology, hydroponics, and more have been sustaining the market's expansion. In addition, indoor farming practices shield crops from harsh climate conditions using controlled environment technology for Agritecture , which includes artificial environmental control systems, artificial lighting, as well as fertigation, which is assisting in the expansion of the segment as well as the expansion of the global agri-food market during the forecast period up to 2026.
Based on the type of application, the market is further divided into commercial and residential. Agritechture applications for commercial use are expected to be the dominant market segment and enjoy the most of the revenue share in the market because of increasing the demand for corporate infrastructure to support farming methods. Additionally, the depletion of environmental conditions and the concern about increasing carbon dioxide levels as well as depleting oxygen levels are affecting the expansion of this segment and the development of the global agricultural market over the next five years.
The market players in Agritecture Market who dominate the market globally are :
- Agritecture Consulting LLC
- AeroFarms LLC
- Obayashi Corporation
- Freight Farms, Inc.
- Grow Pod Solutions
- LettUs Grow Ltd
- FarmBox Foods
Market players, as well as new market players, are focusing on research and development and are bringing new and innovative products. Modern manufacturing techniques for agricultural systems will help in reducing production costs and help the market players in managing their investments. Furthermore, efforts from private and public funding sources will help to support the global agritechture market's expansion indirectly.
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"North America" is expected to be the dominant market in the world analysis based on the majority of studies focused on practices in Agritecture and the incorporation of design for Agritecture Market using innovative infrastructure concepts, which are conducted in bigger economies, such as that of the United States, and Canada. Additionally, the rapid growth of industry players within the area is helping the expansion of the global agritechture market in the coming five years. Furthermore, there is a rapid advancement in technologies such as hydroponics, LED lighting, and LED lighting. which will further boost the expansion of the global agri-food market in the coming five years. Furthermore, the shortage of agricultural areas due to industrialization further supports the expansion of the global agri-food market over the coming five years. Asia Pacific region is also expected to experience significant growth over the next five years ahead because of a rapid growth in population which is a reason for a higher demand for residential housing and a decrease in the area of cropland," said Mr. Karan Chechi, Research Director of TechSci Research, a research company that is a global business consulting firm.
" Agritecture Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2016-2026, Segmented By Therapy Type (Hormone Therapies, Monoclonal Antibodies, Signal Transduction Inhibitors, Gene Expression Modulators, Apoptosis Inhibitors, Others), By Disease Indication (Lung Cancer, Breast Cancer, Colorectal Cancer, Leukemia, Melanoma, Lymphoma, Others), By End User (Hospitals & Clinics, Cancer & Radiation Therapy Centers, Academic & Research Institutions), By Region ", has examined the potential for growth of global Agritecture and offers data and statistics on the size, structure, and growth potential. The report aims to provide the most up-to-date market information and assist the decision-makers to make a sound investment decisions. In addition, the report analyses and identifies the newest trends and the most important factors, issues, and opportunities in the agricultural markets across the globe.
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