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Indoor Farming Technology Market worth $32.3 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, June 8, 2023

The market for indoor farming technology is experiencing growth due to increasing demand for locally sourced and fresh produce which has led to a surge in indoor farming projects.

Key Points: 
  • The market for indoor farming technology is experiencing growth due to increasing demand for locally sourced and fresh produce which has led to a surge in indoor farming projects.
  • Furthermore, advances in greenhouse technology, such as enhanced climate control systems, irrigation techniques, and automation, have made indoor farming more productive and profitable.
  • Lighting systems have the largest market share in the component of the indoor farming market due to several factors.
  • North America is expected to increase its market share in the market for indoor farming technology and is projected to grow at the 2nd highest CAGR from 2023 to 2028.

Indoor Farming Technology Market worth $32.3 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, June 8, 2023

The market for indoor farming technology is experiencing growth due to increasing demand for locally sourced and fresh produce which has led to a surge in indoor farming projects.

Key Points: 
  • The market for indoor farming technology is experiencing growth due to increasing demand for locally sourced and fresh produce which has led to a surge in indoor farming projects.
  • Furthermore, advances in greenhouse technology, such as enhanced climate control systems, irrigation techniques, and automation, have made indoor farming more productive and profitable.
  • Lighting systems have the largest market share in the component of the indoor farming market due to several factors.
  • North America is expected to increase its market share in the market for indoor farming technology and is projected to grow at the 2nd highest CAGR from 2023 to 2028.

DENSO and DENSO Fukushima Launch a Demonstration Project to Realize Carbon-neutral Plant Using Hydrogen

Retrieved on: 
Thursday, March 9, 2023

(1) Through the demonstration project, the two companies aim to build a model of local production for local consumption of hydrogen and realize carbon-neutral plant.

Key Points: 
  • (1) Through the demonstration project, the two companies aim to build a model of local production for local consumption of hydrogen and realize carbon-neutral plant.
  • Meanwhile, DENSO Fukushima has constructed solar and wind power generation systems on its premises to make its plant carbon neutral.
  • Inspired by the concept of social implementation for the development of future cites using hydrogen and related technologies in Fukushima Prefecture initiated by the Fukushima Prefectural Government and Toyota in June 2021, DENSO and DENSO Fukushima have participated as partner companies in a project to realize carbon-neutral factories by using hydrogen as part of the initiative.
  • DENSO and DENSO Fukushima will embark on a demonstration project in collaboration with Toyota to produce green hydrogen at DENSO Fukushima's plant and use the produced hydrogen in the plant gas furnace.

DENSO and DENSO Fukushima Launch a Demonstration Project to Realize Carbon-neutral Plant Using Hydrogen

Retrieved on: 
Thursday, March 9, 2023

KARIYA, Japan, March 9, 2023 /PRNewswire/ -- DENSO Corporation and DENSO Fukushima Corporation today announced that they will start a demonstration project at DENSO Fukushima in March 2023 to produce and use green hydrogen at its plant in collaboration with Toyota Motor Corporation as part of the initiative to realize carbon-neutral manufacturing.*1 Through the demonstration project, the two companies aim to build a model of local production for local consumption of hydrogen and realize carbon-neutral plant.

Key Points: 
  • *1 Through the demonstration project, the two companies aim to build a model of local production for local consumption of hydrogen and realize carbon-neutral plant.
  • Meanwhile, DENSO Fukushima has constructed solar and wind power generation systems on its premises to make its plant carbon neutral.
  • Inspired by the concept of social implementation for the development of future cites using hydrogen and related technologies in Fukushima Prefecture initiated by the Fukushima Prefectural Government and Toyota in June 2021, DENSO and DENSO Fukushima have participated as partner companies in a project to realize carbon-neutral factories by using hydrogen as part of the initiative.
  • DENSO and DENSO Fukushima will embark on a demonstration project in collaboration with Toyota to produce green hydrogen at DENSO Fukushima's plant and use the produced hydrogen in the plant gas furnace.

Withings Announces US Availability of Its Highly Anticipated ScanWatch Horizon - the Health Hybrid SmartWatch Inspired by the Luxury Diver Watch Tradition

Retrieved on: 
Tuesday, May 17, 2022

ISSY-LES-MOULINEAUX, France, May 17, 2022 /PRNewswire/ -- Today, Withings, pioneers of the connected health revolution, has announced the US availability of its highly anticipated ScanWatch Horizon. Available from Withings.com, Amazon, and Best Buy stores, it is the first hybrid smartwatch inspired by the luxury diver watch tradition to deliver state-of-the-art health technology. Priced $499, it can take an ECG and monitor heart rate, breathing disturbances, blood oxygen levels, sleep, and physical activity, even underwater!

Key Points: 
  • Available from Withings.com , Amazon ,and Best Buy stores , it is the first hybrid smartwatch inspired by the luxury diver watch tradition to deliver state-of-the-art health technology.
  • For the classic diver watch look, ScanWatch Horizon comes with a stainless-steel band as well as a more elasticated, rubberised wristband for sports usage.
  • Horizon is the latest hybrid smartwatch in the Withings ScanWatch range, which also includes the original and Rose Gold versions.
  • ScanWatch Horizon is available online at Withings.com, Amazon and Best Buy stores from May 17 priced at $499.95.

Global Vertical Farming Market to Reach $5.8 Billion by 2026

Retrieved on: 
Thursday, March 24, 2022

SAN FRANCISCO, March 24, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Vertical Farming - Global Market Trajectory & Analytics" .

Key Points: 
  • SAN FRANCISCO, March 24, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Vertical Farming - Global Market Trajectory & Analytics" .
  • Declining availability of arable land worldwide and the rising need for food security are fueling growth in the vertical farming market.
  • Amid the COVID-19 crisis, the global market for Vertical Farming estimated at US$3.2 Billion in the year 2022, is projected to reach a revised size of US$5.8 Billion by 2026, growing at a CAGR of 14% over the analysis period.
  • Global Industry Analysts, Inc., ( www.strategyr.com ) is a renowned market research publisher the world`s only influencer driven market research company.

Global Vertical Farming Market Size to Reach USD 20.16 Billion in 2030 | Increase in Global Demand for Food and Higher Yield than Conventional Farming are Key Factors Driving Industry Demand, Says Emergen Research

Retrieved on: 
Thursday, March 17, 2022

Increase in global demand for food is a significant factor expected to increase demand for vertical farming.

Key Points: 
  • Increase in global demand for food is a significant factor expected to increase demand for vertical farming.
  • Moreover, vertical farming has ahigher yield than conventional farming, which contributes togrowth of global vertical farming market.
  • Increase in global demand for food and higher yield than conventional farming are factors driving the market growth.
  • Emergen Research has segmented global vertical farming market on the basis of system, type, structure, equipment, and region:

Global Vertical Farming Market Size to Reach USD 20.16 Billion in 2030 | Increase in Global Demand for Food and Higher Yield than Conventional Farming are Key Factors Driving Industry Demand, Says Emergen Research

Retrieved on: 
Thursday, March 17, 2022

Increase in global demand for food is a significant factor expected to increase demand for vertical farming.

Key Points: 
  • Increase in global demand for food is a significant factor expected to increase demand for vertical farming.
  • Moreover, vertical farming has ahigher yield than conventional farming, which contributes togrowth of global vertical farming market.
  • Increase in global demand for food and higher yield than conventional farming are factors driving the market growth.
  • Emergen Research has segmented global vertical farming market on the basis of system, type, structure, equipment, and region:

Global and Regional Vertical Farming Markets Analysis & Forecasts, 2020-2021 & 2026 - ResearchAndMarkets.com

Retrieved on: 
Thursday, December 16, 2021

The "Global Vertical Farming Market - A Global and Regional Analysis: Focus on Mechanism, Product and Country-Wise Analysis - Analysis and Forecast, 2020-2026" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Vertical Farming Market - A Global and Regional Analysis: Focus on Mechanism, Product and Country-Wise Analysis - Analysis and Forecast, 2020-2026" report has been added to ResearchAndMarkets.com's offering.
  • The global vertical farming market was valued at $5.50 billion in 2020 and is projected to reach $19.86 billion in 2026, following a CAGR of 24.3% during 2021-2026.
  • North America region is expected to dominate the global vertical farming market during the forecast period.
  • The U.S. is dominated by the key players of vertical farming, including AeroFarms, Plenty Unlimited Inc., Bowery Farming, Gotham Greens, among others.

Global and Regional Vertical Farming Markets Analysis Report 201-2026 with North America Dominating

Retrieved on: 
Thursday, December 16, 2021

DUBLIN, Dec. 16, 2021 /PRNewswire/ -- The "Global Vertical Farming Market - A Global and Regional Analysis: Focus on Mechanism, Product and Country-Wise Analysis - Analysis and Forecast, 2020-2026" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Dec. 16, 2021 /PRNewswire/ -- The "Global Vertical Farming Market - A Global and Regional Analysis: Focus on Mechanism, Product and Country-Wise Analysis - Analysis and Forecast, 2020-2026" report has been added to ResearchAndMarkets.com's offering.
  • The global vertical farming market was valued at $5.50 billion in 2020 and is projected to reach $19.86 billion in 2026, following a CAGR of 24.3% during 2021-2026.
  • North America region is expected to dominate the global vertical farming market during the forecast period.
  • The U.S. is a major player in the North America vertical farming market.