Market Overview:
The global Hydroponicsmarket was valued at USD 1.23billion in 2016 and is projected to reach USD 2.33billionby 2025, growing at a CAGR of 7.40% from 2017 to 2025.
Hydroponics is a new cultivation method that employs mineral nutrient solutions in place of soil. The rising problem of loss of essential nutrients from soil is expected to boost demand for these techniques. Although limited types of crops can be cultivated using this method the growing food demand is expected to boost its application.
Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Rising food demand
1.2 Higher yields compared to traditional methods
2. Market Restraints
2.1 High setup costs
Market Segmentation:
The global Hydroponicsmarket is segmented on the equipment, type, input, crop, and region.
1. By Equipment:
1.1 HVAC
1.2 Control Systems
1.3 LED Grow Light
1.4 Material Handling
1.5 Communication Technology
1.6 Irrigation Systems
1.7 Others
2. By Type:
2.1 Aggregate
2.1.1 Open
2.1.2 Closed
2.2 Liquid
2.2.1 Floating
2.2.2 Aeroponics
2.2.3 Nutrient Film Technique
3. By Input:
3.1 Growth Medium
3.2 Nutrients
4. By Crops:
4.1 Pepper
4.2 Tomato
4.3 Leafy and Lettuce
4.4 Strawberry
4.5 Cucumber
4.6 Others
5. By Region:
5.1 North America (U.S., Canada, Mexico)
5.2 Europe (Germany, UK, France, Rest of Europe)
5.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
5.4 Latin America (Brazil, Argentina, Rest of Latin America)
5.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. Koninklijke Philips NV
2. Hydrofarm Inc.
3. Argus Control Systems Ltd.
4. Hydrodynamics International Inc.
5. Heliospectra AB
6. Greentech Agro LLC
7. Logiqs BV
8. American Hydroponics Inc.
9. General Hydroponics Inc.
10. Lumigrow Inc.
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Hydroponics Marketwas performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
To know more about the Research Methodology of Verified Market Intelligence and other aspects of the research study, kindly get in touch with our sales team.
1 INTRODUCTION OF GLOBAL HYDROPONICS MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL HYDROPONICS MARKETOUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
4.5 Regulatory Framework
5 GLOBAL HYDROPONICSMARKET, BY EQUIPMENT
5.1 Overview
5.2 HVAC
5.3 Control Systems
5.4 LED Grow Light
5.5 Material Handling
5.6 Communication Technology
5.7 Irrigation Systems
5.8 Others
6 GLOBAL HYDROPONICS MARKET, BY TYPE
6.1 Overview
6.2 Aggregate
6.2.1 Open
6.2.2 Closed
6.3 Liquid
6.3.1 Floating
6.3.2 Aeroponics
6.3.3 Nutrient Film Technique
7 GLOBAL HYDROPONICS MARKET, BY INPUT
7.1 Overview
7.2 Growth Medium
7.3 Nutrients
8 GLOBAL HYDROPONICS MARKET, BY CROPS
8.1 Overview
8.2 Pepper
8.3 Tomato
8.4 Leafy and Lettuce
8.5 Strawberry
8.6 Cucumber
8.7 Others
9 GLOBAL HYDROPONICS MARKET, BY GEOGRAPHY
9.1 Overview
9.2 North AmericaRegional Market Estimates and Forecasts, 2012 - 2025
9.2.1 U.S.
9.2.2 Canada
9.2.3 Mexico
9.3 EuropeRegional Market Estimates and Forecasts, 2012 - 2025
9.3.1 Germany
9.3.2 U.K.
9.3.3 France
9.3.4 Rest of Europe
9.4 Asia PacificRegional Market Estimates and Forecasts, 2012 - 2025
9.4.1 China
9.4.2 Japan
9.4.3 India
9.4.4 Rest of Asia Pacific
9.5 Latin AmericaRegional Market Estimates and Forecasts, 2012 - 2025
9.5.1 Brazil
9.5.2 Argentina
9.6 Rest of the WorldRegional Market Estimates and Forecasts, 2012 - 2025
10 GLOBAL HYDROPONICS MARKETCOMPETITIVE LANDSCAPE
10.1 Overview
10.2 Company Market Share
10.3 Vendor Landscape
10.4 Key Development Strategies
11 COMPANY PROFILES
11.1 Koninklijke Philips NV
11.1.1 Overview
11.1.2 Financial Performance
11.1.3 Product Outlook
11.1.4 Key Developments
11.2 Hydrofarm Inc.
11.2.1 Overview
11.2.2 Financial Performance
11.2.3 Product Outlook
11.2.4 Key Developments
11.3 Argus Control Systems Ltd.
11.3.1 Overview
11.3.2 Financial Performance
11.3.3 Product Outlook
11.3.4 Key Developments
11.4 Hydrodynamics International Inc.
11.4.1 Overview
11.4.2 Financial Performance
11.4.3 Product Outlook
11.4.4 Key Developments
11.5 Heliospectra AB
11.5.1 Overview
11.5.2 Financial Performance
11.5.3 Product Outlook
11.5.4 Key Developments
11.6 Greentech Agro LLC
11.6.1 Overview
11.6.2 Financial Performance
11.6.3 Product Outlook
11.6.4 Key Developments
11.7 Logiqs BV
11.7.1 Overview
11.7.2 Financial Performance
11.7.3 Product Outlook
11.7.4 Key Developments
11.8 American Hydroponics Inc. l
11.8.1 Overview
11.8.2 Financial Performance
11.8.3 Product Outlook
11.8.4 Key Developments
11.9 General Hydroponics Inc.
11.9.1 Overview
11.9.2 Financial Performance
11.9.3 Product Outlook
11.9.4 Key Development
11.10 Lumigrow Inc.
11.10.1 Overview
11.10.2 Financial Performance
11.10.3 Product Outlook
11.10.4 Key Development
12 Appendix
12.1 Related Reports
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