Market Overview:
The Hydroponics market is set to increase at a CAGR of XX% during the forecast period 2019-2026.
Hydroponics, a subset of hydroculture, is a method of growing plants without soil, using mineral nutrient solutions in a water solvent. The Indian Market for hydroponics would grow in the forecast period.
Market Dynamics:
Factors like depleting water resources, gradually decreasing land under cultivation and reduction in fertility of soil, etc., are raising the need to invent innovative and fruitful methods of cultivation. Hydroponics is one such revolutionary method of farming.
Market Segmentation:
Based on Type
• Liquid Hydroponic Systems
• Aggregate Hydroponic System (Open systems and closed systems)
Based on Crop Type
• Tomato
• Lettuce & Leafy Vegetables
• Strawberry
• Pepper
• Others
Based on Equipment Type
• Communication Technology
• Irrigation systems
• LED Grow Light
• Heating
• Ventilating
• Air Conditioning (HVAC)
• Control Systems
• Material Handling
• Other Equipment
Geographical Analysis:
By Geography, the market is segmented into:
• North America
• Europe
• South America
• Asia Pacific
• The Middle East and Africa
Competitive Analysis:
Key Players:
• AMC-Produce Inc.
• American Hydroponics, Inc.
• Argus Control Systems Ltd.
• BetterGrow Hydro
• Eurofresh Farms
• Others
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