Hydroponics Market Report, By Type (Aggregate Systems and Liquid Systems), Equipment (HVAC, LED Grow Lights, Control Systems, Irrigation Systems, Material Handling Equipment and Other Equipment), Crop Type and Geography – Global Market Share, Trend Analysis & Forecast Up To 2030

Publish Date: Upcoming | Report ID: MI_HC 24101 | Industry: Healthcare | Forecast Period: 2024 - 2030

Hydroponics Market Segmentation

The hydroponics market is segmented by Type, Equipment, Crop Type and Geography. The Types used in manufacturing Hydroponics are Aggregate Systems [Closed System and Open System] and Liquid Systems. Moreover, the Equipment’s includes in the report are HVAC, LED Grow Lights, Control Systems, Irrigation Systems, Material Handling Equipment and Other Equipment. Furthermore, the Crop Type comprises of Vegetables [Tomatoes, Leafy Greens, Cucumbers, Peppers and Other Vegetables], Fruits, Flowers and Other Crop Types. Based on Geography, the hydroponics market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and RoW.

Hydroponics Market Trends

Rising health awareness among consumers and increasing pressure on global arable land some of the major factors driving the global Hydroponics market globally, Moreover, higher consumption of salads and exotic vegetables is also one of the key factor propelling the market growth. However, high capital investment for large-scale farms is one of the major restraint which is expected to hinder the market growth during the forecast period.

Hydroponics Market by Geography

Geographically, the Hydroponics market is studied across the countries of key regions such as, North America, Europe, Asia Pacific and RoW. The Asia Pacific region dominated the global hydroponics market. The substantial adoption of hydroponics in China, Australia, South Korea, and other such countries. The market in China and India is expected to escalate significantly over the forecast period due to emerging urban hydroponic farms.

Hydroponics Market Report Key Benefits
  • The report offers changing market dynamics in the hydroponics market, presenting historical, current and projected market size in terms of value (USD million)

  • The report comprises a detailed analysis of the factors that drive and restrict the growth of the global hydroponics market.

  • The research study provides an in-depth analysis of the industry value chain focusing on the peer and parent markets of hydroponics

  • It presents a comprehensive assessment of geographical regions exhibiting promising growth, potential and niche segments, and a neutral perspective on the hydroponics market performance

  • Key players within the global hydroponics market are profiled to understand the competitor scenario.

Hydroponics Market Key Players

Some of the major players operating in the global hydroponics market includes Advanced Nutrients, Emerald Harvest, Vitalink, Freight Farms, Heliospectra Ab, Scottsmiracle-Gro, Argus Control Systems, Logiqs B.V., Lumigrow, Inc., Hydroponic Systems International, Hydrodynamics International, American Hydroponics, Aerofarms, Triton Foodworks Pvt. Ltd., Green Sense Farms, Emirates Hydroponic Farm, Gotham Greens, Nature’s Miracle, Bright Farms, Infarm and Signify Holding. Industrialists are also focusing their R&D to develop innovative extraction processes and are investing in procuring shipping vessels to gain strategic advantage and ensure efficient raw material supply.

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Research Objectives of Hydroponics Market Report
  • Analyzing the outlook of the market with the recent trends and Porter’s five forces analysis.

  • Market dynamics, which essentially consider the factors that are impelling the present market scenario, along with growth prospects of the market over the forecast period.

  • Market segmentation analysis, including qualitative and quantitative research, incorporating the impact of economic and non-economic aspects.

  • Country-level analysis, integrating the demand and supply forces that are influencing the growth of the aforementioned market.

  • Competitive landscape involving the market share of major players, along with the key strategies adopted for development over the past five years.

  • Comprehensive company profiles, covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players.