Global Vertical Forest Market Overview:
The vertical forest is known as future homes. As its market is growing rapidly and most of the developed countries adopting such type of projects to create a better ecosystem and afforestation in urban region. The main purpose of the vertical forest is to diminish the air pollution which is generates from different industrialization fields. It has been observed that the increasing vertical forest by the key players in different end user market is expected to flourish the global market in future due to better indoor temperatures cool, reduces the intensity of sound pollution, and helps in filtering the dust particles. The increased productivity of the vertical forest product is anticipated to push the global vertical forest market.
Growth Drivers
- Increase in Demand of Vertical Forest in Smart Home Future.
- Rise in Demand of Vertical Forest Due to Efficient Method to Absorb the Atmospheric Carbon Dioxide.
Roadblocks
- Regular Maintenance of the Plants Hampers the Vertical Forest Market.
- Lack of Investments by the Major or Local Players for Vertical Forest Market.
Opportunities
- Rise in Demand of Vertical Forest for Urban Afforestation.
- The Single Vertical Forest is Equal to Forest in Term of Area.
Challenges
- Innovation and Sustainable Solutions Challenge the Green Infrastructure.
Competitive Landscape:
The vertical forest market offers competitive advantages as its consist of limited numbers of major players that delivers less pollution and decrease the carbon dioxide level in market. It also exhibits integration of modern architecture along with planting of trees and plants to create a green space.
Some of the key players profiled in the report are Stefano Boeri Architetti (Italy), Waterfrom Design (China), AteliersJean Nouvel (Italy), Safdie Architects (Singapore) and Lifewall (India). Considering Market by Agriculture Type, the sub-segment i.e. Horticulture will boost the Vertical Forest market. Considering Market by Technology, the sub-segment i.e. Building Structural Systems will boost the Vertical Forest market.
In March 2019, Stefano Boeri designed Tirana vertical forest which is beneficial in buildings that are planted with trees, shrubs and flowers to increase the green surface area in cities and improve local air quality.
What Can be Explored with the Vertical Forest Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Vertical Forest Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Vertical Forest
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Vertical Forest market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Vertical Forest market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Vertical Forest Manufacturers, Vertical Forest Traders, End-Use Market Participants of Different Segments of Vertical Forest, Government and Research Organizations, Associations and Industrial Bodies, Research and Consulting Firms, R&D Institutions and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.