Global Hydroponics System Market – Industry Trends and Forecast to 2027


Posted April 21, 2021 by SanketDBMR

Hydroponics system market is expected to reach USD 16.25 billion by 2027 growing at a growth rate of 12.30 % in the forecast period 2020 to 2027

 
Global Hydroponics System Market – Industry Trends and Forecast to 2027


Market Overview
Hydroponics system market is expected to reach USD 16.25 billion by 2027 growing at a growth rate of 12.30 % in the forecast period 2020 to 2027. Hydroponics systems generates higher than traditional agricultural techniques which helps in increase in the harvest cycles and growth of the market.
Hydroponics farming is a method of growing plants without soil, where the soil is replaced by minerals which are inserted around the plant roots. Hence the roots are checked periodically to insure that appropriate amount of chemicals composition is cultivated for the growth. Thus it decreases the risk of diseases caused by the microorganisms present in the soil.
Increase awareness among the consumers with the use of pesticides and ripening agents over their health will drive the hydroponics market, as hydroponic is a method to eliminate these products thereby it provides nutritionally superior vegetable. Hence, with the low installation cost and the easy operation systems are the factors helps in boosting the market growth. But with high capital investments for large scale farms is a restrain for hydroponics system market.
Hydroponics system market is creating opportunity for the development in the innovation of new hydroponic techniques for farming which will enhance the growth of the market. Moreover, with the significant growth in the organic food demand and with the entrance of new manufactures in the market will give opportunity for the growth of the market. Thereby, spread of waterborne diseases and algae in closed system is a challenge for hydroponics system market.

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The Hydroponics System Market competitive landscape provides details by competitor. Details included are organization overview, company financials, revenue generated, Industry potential, investment in research and development, new Hydroponics System Market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the company’s focus related to Hydroponics System Market.

Major Industry Players
The major players covered in the hydroponics system market report are Signify Holdings, Argus Control Systems Limites, Heliospectra AB, Scotts Company LLC, LumiGrow, Terra Tech Corp, Triton Foodwoorks, Urban Cultivator, Village Farms, Green Sense Farms Holfings, IronOx, Freight farms, among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analyst understands competitive strengths and provides competitive analysis for each competitor separately.

Asia-Pacific dominates the market owing to the emerging urban hydroponic farms. China and India is expected to escalate significantly over the forecast period.

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How will this Market Intelligence Report Benefit You?
1. The report offers statistical data in terms of value (US$) as well as Volume (units) till 2027.
2. Exclusive insight into the key trends affecting the Hydroponics System’ industry, although key threats, opportunities and disruptive technologies that could shape the Global Hydroponics System’ market supply and demand.
3. The report tracks the leading Market players that will shape and impact the Global Hydroponics System’ Market most.
4. The data analysis present in the Hydroponics System’ Market report is based on the combination of both primary and secondary resources.
5. The report helps you to understand the real effects of key Market drivers or retainers on Hydroponics System’ Market business.

Global Hydroponics System Market Scope and Market Size
Hydroponics system market is segmented on the basis of type, equipment, input and crop type. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
• On the basis of type, the hydroponics system market is segmented into aggregate system and liquid systems. Aggregate system is further segmented into EBB and flow system, drip system and wick system. Liquid systems are further segmented into deep water culture systems, nutrient film techniques and aeroponics.
• Based on equipment, the hydroponics system market is segmented into HVAC, led grow light, control system, irrigation system, material handling, pH and CO2 sensors. .
• Based on the input, the hydroponics system market is segmented into nutrients and grows media. Nutrients are further segmented into NPK, trace minerals, seaweeds, humic acid and plant extracts. Grow media is further segmented into rockwool, perlite & vermiculite, peat, wood fiber, sand, gravel and rice hulls.
• The hydroponics system market is also segmented on the basis of crop type into vegetables, fruits, flowers and cannabis, fodder crops and herbs. Vegetables are sub-segmented into tomatoes, leafy greens, cucumber, peppers and micro greens.

Based on regions, the Hydroponics System Market is classified into North America, Europe, Asia- Pacific, Middle East & Africa, and Latin America
Middle East and Africa (GCC Countries and Egypt)
North America (United States, Mexico, and Canada)
South America (Brazil, Argentina etc.)
Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)

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The report covers major aspects:
• Various economic factors that are significant in determining the Hydroponics System Market trend, buying decisions and Market attractiveness are being analysed for Market estimation and forecasting.
• The analysis will support stakeholders such as manufacturers and distributors in identifying and capturing Markets with high potential.
• The study also discusses various environmental and regulatory factors critical for the Hydroponics System Market growth.

Strategic Points Covered in Table of Content of Global Hydroponics System Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope Hydroponics System Market
Chapter 2: Exclusive Summary – the basic information of Hydroponics System Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of Analytical Standards
Chapter 4: Presenting Hydroponics System Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region 2013-2018
Chapter 6: Evaluating the leading manufacturers of Hydroponics System Market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

Customization of the Report:
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Last Updated April 21, 2021