Vertical Farming, Plant Factory Market Research, Growth, Forecast | Page 3

Because the amount of light, temperature, humidity, and carbon dioxide (CO2) concentration levels can be optimized without being affected by the weather, the growth rate of vegetables is two to four times faster than those grown in open-air fields, and yields are ten to twenty times higher. According to Susan Eustis, lead author of the study, "Plant factories use growth light to automate and control growing. The ability to grow food consistently, locally represents a major breakthrough for humanity." Grow lights permit people to grow food in warehouses and in the home, dedicating previously unused space to a purpose and in a manner that is efficient for producing food. Plant factory market forecast analysis indicates that markets at $403 million in 2013 are anticipated to reach $1.97 billion by 2020. Growth is a result of the unmitigated march of automated process driven by the semiconductor industry, by microprocessors, and more directly by the need for food that is uncontaminated. The ability to use solar energy to grow food using LED lights is a compelling new way to produce food. Using plant factory technology the containers can be put in homes and restaurants, apartments and greenhouses to grow food more efficiently and that is not contaminated with pesticides or other things that should not be on food. The ability to grow food in layers, 24 x 7 represents a major shift in the way food is provided to people. It means fresh food can be available year around at home and anyplace a person is. Access Full Report With TOC @ http://www.radiantinsights.com/research/vertical-farming-plantfactory-market Table of Content Plant factory, vertical farming executive summary 46 Plant factory, vertical farming market driving forces 46 Plant factory vertical farming benefits 48 Harvested leafy vegetables 52 Plant factory spectral output and color temperature of light can be adjusted 53 Plant factory vertical farming challenges 55 Commitment to sustainable agriculture 58 Wheat, maize and rice 59 Efficiency of led grow lights 60 Plant factory vertical farming market shares 60 Plant factory market forecasts 62