Hydroponics Market
Industry Outlook
Hydroponics is a technique in which plants are grown without use of soil soilless farming . In Hydroponics the essential nutrients needed for the growth of plants are provided through mineral nutrient solution by water as solvent. Hydroponics is used for by commercial food producers and gardeners as hobby. Hydroponics has many advantages over soil medium farming like; the plants do not need to grow large roots for searching nutrients, easy to test and maintain the pH levels, minimum energy of plants is spent on searching for nutrients which is further used for production of flowers and fruits, the growth rate of plants in Hydroponics compared to soil framing is more, etc. Use of Hydroponics is growing due to; increase in the intake of exotic, salad crops and also the global food security, growing farming of medicinal plants, increasing research related to new ways of farming, etc. Therefore, the Hydroponics Market is anticipated to expand and has tremendous scope during the forecast period. The global Hydroponics Market anticipated to flourish in the future by growing at a significantly higher CAGR.
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Market Segmentation
The global Hydroponics Market is based on segment, by Type the market is segmented into Liquid Hydroponic Systems and Aggregate Hydroponic System, by Crop Type the market is segmented into Cucumber, Lettuce and Leafy Vegetables, Pepper, Tomato and Others Crop Type, and by Equipment the market is segmented into Control Systems, Irrigation Systems, HVAC, Material Handling, LED Grow Light and Other Equipment.
Hydroponics Market,
By Type
Liquid Hydroponic Systems
Aggregate Hydroponic System
Hydroponics Market,
By Crop Type
Cucumber
Lettuce and Leafy Vegetables
Pepper
Tomato
Others Crop Type
Hydroponics Market,
By Equipment
Control Systems
Irrigation Systems
HVAC
Material Handling
LED Grow Light
Other Equipment
Regional Insights
On a global front, the Hydroponics Market covers North America United States, Canada and Mexico , Europe Germany, UK, France, Russia, Italy, Rest of Europe , Asia-Pacific China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific , South America Brazil, Argentina, Columbia, Rest of South America and Middle East and Africa Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA . European region is leading the global Hydroponics Market.
Hydroponics Market,
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Russia
Italy
Rest of Europe
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Rest of Asia-Pacific
South America
Brazil
Argentina
Columbia
Rest of South America
Middle East and Africa
Saudi Arabia
UAE
Egypt
Nigeria
South Africa
Rest of MEA
Competitive Analysis
The leading players in the market are Village Farms International Inc., General Hydroponics Inc., Hydrofarm Inc., Logiqs B.V., Lumigrow Inc., Heliospectra AB, Argus Control Systems Ltd., Hydrodynamics International Inc., Greentech Agro Inc. and Koninklijke Philips NV. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and market share of the overall industry.
Village Farms International Inc.
General Hydroponics Inc.
Hydrofarm Inc.
Logiqs B.V.
Lumigrow Inc.
Heliospectra AB
Argus Control Systems Ltd.
Hydrodynamics International Inc.
Greentech Agro Inc.
Koninklijke Philips NV
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2025?
What will be the industry market growth from 2015 to 2025?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
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