Thailand Vertical Farming Market to 2032
Overview
The Thailand Vertical Farming Market is expected to reach a 827.81 USD Billion by 2032 and is projected to grow at a CAGR of 38.90% from 2025 to 2032.
Revenue, 2024 (USD Billion)
151.74
Forecast, 2032 (USD Billion)
827.81
CAGR, 2024 - 2032
38.90%
Report Coverage
Thailand
Thailand Vertical Farming Market 2018-2032 USD Billion
Thailand Vertical Farming Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 151.74 USD Billion
- Projected Market Size (2032): 827.81 USD Billion
- CAGR (2025-2032): 38.90%
Key Findings of Thailand Vertical Farming Market
- The Thailand Vertical Farming Market was valued at 151.74 USD Billion in 2024.
- The Thailand Vertical Farming Market is likely to grow at a CAGR of 38.90% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Indoor in Application Segment accounted for the largest share of the market with a revenue of 121.36 USD Billion
- The fastest growing segment Climate Control in Component Segment grew Fastest with a CAGR of 43.93% during the forecast period from 2024 to 2032.
Thailand Vertical Farming Market Scope
Thailand Vertical Farming Market Segmentation & Scope
Component
- Sensors
- Climate Control
- Hydroponic Component
- Lighting
Type
- Biostimulants
- Biofertilizer
- Biopesticides
Structure
- Building Based
- Shipping Containers
Growth Mechanism
- Aquaponics
- Aeroponics
- Hydroponics
Application
- Outdoor
- Indoor
Crop Type
- Nutraceutical Plant
- Pollinated Plants
- Leafy Green
Thailand Vertical Farming Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2020 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 151.74 USD Billion |
| Market Value in 2032 | 827.81 USD Billion |
| CAGR (2025-2032) | 38.90% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Component,Type,Structure,Growth Mechanism,Application,Crop Type |
Regional Insights:
-
Leading Market (2024-2032): Thailand, leading in terms of revenue 151.74 USD Billion in 2024
- Key Country: Thailand, leading in terms of revenue with value of 151.74 USD Billion in 2024.
Segments and Scope
-
Thailand Vertical Farming Market to 2032, By Component
- Lighting is the largest segment in Thailand Vertical Farming Market to 2032 with a revenue of 62.34 USD Billion in the year 2024.
- Climate Control is the Fastest growing segment in Thailand Vertical Farming Market to 2032 with a Growth rate of 39.88 % in forecast period 2025-2032.
-
Thailand Vertical Farming Market to 2032, By Type
- Biopesticides is the largest segment in Thailand Vertical Farming Market to 2032 with a revenue of 85.00 USD Billion in the year 2024.
- Biofertilizer is the Fastest growing segment in Thailand Vertical Farming Market to 2032 with a Growth rate of 38.25 % in forecast period 2025-2032.
-
Thailand Vertical Farming Market to 2032, By Structure
- Shipping Containers is the largest segment in Thailand Vertical Farming Market to 2032 with a revenue of 118.67 USD Billion in the year 2024.
- Shipping Containers is the Fastest growing segment in Thailand Vertical Farming Market to 2032 with a Growth rate of 40.36 % in forecast period 2025-2032.
-
Thailand Vertical Farming Market to 2032, By Growth Mechanism
- Hydroponics is the largest segment in Thailand Vertical Farming Market to 2032 with a revenue of 73.70 USD Billion in the year 2024.
- Aeroponics is the Fastest growing segment in Thailand Vertical Farming Market to 2032 with a Growth rate of 38.65 % in forecast period 2025-2032.
-
Thailand Vertical Farming Market to 2032, By Application
- Indoor is the largest segment in Thailand Vertical Farming Market to 2032 with a revenue of 121.36 USD Billion in the year 2024.
- Indoor is the Fastest growing segment in Thailand Vertical Farming Market to 2032 with a Growth rate of 39.65 % in forecast period 2025-2032.
-
Thailand Vertical Farming Market to 2032, By Crop Type
- Leafy Green is the largest segment in Thailand Vertical Farming Market to 2032 with a revenue of 94.85 USD Billion in the year 2024.
- Leafy Green is the Fastest growing segment in Thailand Vertical Farming Market to 2032 with a Growth rate of 40.83 % in forecast period 2025-2032.
Thailand Vertical Farming Market Company Share Analysis
| Company Name |
|
||
| Signify Holding | |||
| ams-OSRAM AG | |||
| EVERLIGHT ELECTRONICS CO., LTD. | |||
Thailand Vertical Farming Market Geographical Sales Distribution, 2018-2032 USD Billion
Thailand Vertical Farming Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Thailand Vertical Farming Market is segmented based on Segmentation Component,Type,Structure,Growth Mechanism,Application,Crop Type.
Thailand Vertical Farming Market was valued at USD 151.74(Revenue in USD Billion) in 2020.
Thailand Vertical Farming Market is projected to grow at a CAGR of 38.90% during the forecast period of 2024 to 2032.
The Indoor segment is expected to dominate the Thailand Vertical Farming Market, holding a largest market share of 121.36 USD Billion in 2024
Thailand Vertical Farming Market Scope
Thailand Vertical Farming Market Segmentation & Scope
Component
- Sensors
- Climate Control
- Hydroponic Component
- Lighting
Type
- Biostimulants
- Biofertilizer
- Biopesticides
Structure
- Building Based
- Shipping Containers
Growth Mechanism
- Aquaponics
- Aeroponics
- Hydroponics
Application
- Outdoor
- Indoor
Crop Type
- Nutraceutical Plant
- Pollinated Plants
- Leafy Green
Frequently Asked Questions
The Thailand Vertical Farming Market is segmented based on Segmentation Component,Type,Structure,Growth Mechanism,Application,Crop Type.
Thailand Vertical Farming Market was valued at USD 151.74(Revenue in USD Billion) in 2020.
Thailand Vertical Farming Market is projected to grow at a CAGR of 38.90% during the forecast period of 2024 to 2032.
The estimated market value of the Thailand Vertical Farming Market for final year is USD 827.81 (USD Billion).
Thailand Vertical Farming Market Company Profiling
Frequently Asked Questions
The Thailand Vertical Farming Market is segmented based on Segmentation Component,Type,Structure,Growth Mechanism,Application,Crop Type.
Thailand Vertical Farming Market was valued at USD 151.74(Revenue in USD Billion) in 2020.
Thailand Vertical Farming Market is projected to grow at a CAGR of 38.90% during the forecast period of 2024 to 2032.
The estimated market value of the Thailand Vertical Farming Market for final year is USD 827.81 (USD Billion).
HAVE A QUESTION?
Get expert advice on the right strategy for your business at no cost. We also offer customized subscription plans and affordable discounts for startups and universities.