Hydroponics Market Trends, Research Report, Growth And Forecast 2030


Posted March 7, 2024 by chetanag

Hydroponics Market size was valued at US$ 11.77 Bn. in 2022 and the total revenue is expected to grow at 11.3 % CAGR through 2023 to 2029, reaching nearly US$ 24.89 Bn.

 
Hydroponics Market Overview

Maximize Market Research delivers an exhaustive portrayal of Hydroponics Market, aiming to present a holistic view of the market's present state, thereby facilitating a nuanced understanding of its intricacies. The research document encompasses meticulously projected statistics, noteworthy advancements, and detailed insights into revenue trends within the Hydroponics domain.

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Hydroponics Market Scope

The Hydroponics Market report incorporates statistical data and analytical insights to offer a comprehensive grasp of essential aspects, encompassing market size, market share, trends, growth trajectories, demand patterns, key market players, industry profiles, opportunities, value cycles, end-users, types, and applications. The Hydroponics research also presents viable opportunities within both micro and macro markets, facilitating stakeholders' investment decisions. Additionally, the report delves into a meticulous evaluation of the competitive landscape and the product offerings of significant competitors.

The report's amalgamation of qualitative and quantitative data equips decision-makers in identifying market segments, regions, and influential factors propelling the Hydroponics market towards accelerated growth. Furthermore, it highlights prominent areas ripe with opportunities. In-depth insights are provided through SWOT analysis, PESTLE analysis, and PORTER analysis, offering a nuanced understanding of the Hydroponics market's dynamics.

Regional Analysis

The research has been done on each regional Hydroponics market to determine its current and future growth prospects. The Hydroponics market report covers all five regions and their country-wise distribution. Their market size and trends are also included in the Hydroponics report.

Market dynamics for hydroponics:

According to UN data on the world population, plants grown in hydroponic systems have achieved a 20–25 percent higher yield than those grown in traditional agricultural systems, with productivity being two–five times higher. Furthermore, because these systems provide regulated environmental conditions, the influence of climate changes can be balanced, so that annual crop yield is unaffected. Agricultural harvesting is directly impacted by CEH procedures. Variations in the weather have no effect on these systems because crops can be cultivated year-round, boosting the output. In August 2022, Terra Tech Corp began building its brand-new headquarters in Santa Ana, California.

Hydroponics Market Segmentation

by Type

Aggregate Hydroponic System
Closed Systems
Open Systems
Liquid Hydroponic Systems

The hydroponics market is divided into two segments based on type: liquid hydroponic systems and aggregate hydroponic systems. Because it includes the most widely used hydroponic systems, including the drip system, wick system, ebb and flow system, and water culture system, aggregate hydroponic systems is anticipated to hold the greatest share in the global hydroponics market over the projection period. In the near future, the global hydroponics market is anticipated to be driven by the liquid hydroponic systems sector. Because it has components that are advantageous for the control environment for hydroponic cultivation, HVAC is predicted to hold the highest share in the global hydroponics market on the basis of equipment over the projection period.

by Crop Type

Tomato
Lettuce & Leafy Vegetables
Pepper
Cucumber
Others

by Equipment

HVAC
LED Grow Light
Irrigation Systems
Material Handling
Control Systems
Others

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Hydroponics Market Key Players

1. Hydrofarm Inc
2. Lumigrow Inc.
3.Village farms
4. Argus Control Systems Ltd.
5. General Hydroponics Inc.
6. Hydrodynamics International Inc
7. Greentech Agro Inc.
8. Heliospectra AB
9. Logiqs B.V
10.Koninklijke Philips NV.
11.Thanet Earth
12.Pegasus Agritech
13.Growlife
14.Circle Fresh Farms
15.KUBO Greenhouse Projects
16.HortiMaX
17.Terra Tech
18.Signify Holdings
19.Scotts Miracle Gro
20.American Hydroponics
21.Emerald Harvest
22.Advanced Nutrients
23.Grobo

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Key Questions answered in the Hydroponics Market Report are:

What is Hydroponics Market?
What are the Hydroponics Market segments?
What is the forecast period of the Hydroponics Market?
What is the growth rate of the Hydroponics Market?
Which region held the largest market share in the Hydroponics Market?
What are the opportunities for the Hydroponics Market?
What factors are affecting the Hydroponics market growth?
Key offerings:

Market Share, Size, and Forecast by Revenue|2023-2029
Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
Market Segmentation: A detailed analysis of each segment and their sub-segments
Landscape- Leading key players and other prominent key players.
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Issued By chetanag
Business Address Pune, Maharashtra 411041, India.
Country India
Categories Business
Tags hydroponics market
Last Updated March 7, 2024