Hydroponics Market, By Equipment (HVAC, Communication Technology, LED Grow Light, Irrigation System, Material Handling, Control System, and Others), By System Type (Aggregate Hydroponics Systems (Closed System and Open System) and Liquid Hydroponics Syste

Hydroponics Market, By Equipment (HVAC, Communication Technology, LED Grow Light, Irrigation System, Material Handling, Control System, and Others), By System Type (Aggregate Hydroponics Systems (Closed System and Open System) and Liquid Hydroponics Systems (Nutrients Film Techniques (NFT), Floating Hydroponics, and Aeroponics)), By Crop Type (Tomato, Lettuce & Leafy Vegetables, Cucumber, Pepper, Strawberry, and Others), By Input System Type (Growth Medium (Rockwool, Coco Fiber, Perlite & Vermiculture, and Others) and Nutrients (Micronutrients and Macronutrients)), and By Region (North America, Latin America, Asia Pacific, Europe, and Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Hydroponics plays a vital role in changing the way people think about the future of gardening and plant growth and farming. Hydroponics farming has become a new trend in the Agricultural sector, especially with the growing need for limited resources and agriculture sector. It simply means growing fresh fruits and vegetables in nutrient-rich water instead of soil require less resources and space Global, modernized techniques, soil-less farming result in higher productivity in a controlled climate and with no risk of insects and pests.
According to the World Economic Forum, the worldwide population is expected to reach at almost 10 Billion by 2050, making the requirement of food 60% higher than it is today. Thegrowingneedforexotic vegetables such as herbs, cucumber, tomatoes, lettuce, pepper, and others used in intercontinental cuisines is a prime factor driving the global Hydroponics Market. Besides, the increasing awareness among the consumers of eating fresh vegetables and fruits is also expected to fuel the market in the future. The demand for exotic vegetables like red lettuce and tomatoes retail chains like KFC and burger king anticipated to boost sales during the forecast period
The hydroponics market is expected to be dominated by Europe. This is mainly attributed to the increasing need for food security and a higher yield of hydroponic system than conventional soil-based crops. In Asia Pacific, the increasing use of commodity prices, increased competition among market players, and the need to curtail costs of products, are some of the factors fueling the growth of the hydroponics market in the Asia Pacific region. Key players in the global hydroponics market are mainly focusing on Research and development (R&D) activities investments, and launching of new products. Various mergers, acquisitions, joint ventures, and agreements are also being carried out by the hydroponics market players to expand their presence globally.

Key features of the study:
This report provides an in-depth analysis of the global hydroponics market, market size (US$ million), and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains an attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global hydroponics market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include Argus Control System (Canada), Koninklijke Philips NV (The Netherlands), Greentech Agro LLC (U.S.), Biodynamic LLC., General Hydroponics, Inc., Logiqs B.V. (The Netherlands), Lumigrow, Inc. (U.S.), Hydrofarm Inc., Hydrodynamics International Inc., Heliospectra AB, Village Farms International, Inc., Platinum Produce Company and Millennium Pacific Greenhouses Ltd, and Soave Enterprises LLC.
Insights from this report would allow marketers and management authorities of companies to make an informed decision regarding future product launches, technology up-gradation, market expansion, and marketing tactics
The global hydroponics market report caters to various stakeholders in this industry including investors, suppliers, hydroponics products manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global hydroponics market
Detailed Segmentation:
Global Hydroponics Market, By Equipment:
HVAC
Communication Technology
LED Grow Light
Irrigation System
Material Handling
Control System
Others
Global Hydroponics Market, System Type:
Aggregate Hydroponics Systems
Closed System
Open System
Liquid Hydroponics Systems
Nutrient Film Techniques (NFT)
Floating Hydroponics
Aeroponics
Global Hydroponics Market, Crop Type:
Tomato
Lettuce & Leafy Vegetables
Cucumber
Pepper
Strawberry
Others
Global Hydroponics Market, Input Type:
Growth Medium
Rockwool
Coco Fiber
Perlite & Vermiculture
Others
Nutrients
Micronutrients
Macronutrients
Global Hydroponics Market, By Region:
North America
By Equipment:
HVAC
Communication Technology
LED Grow Light
Irrigation System
Material Handling
Control System
Others
System Type:
Aggregate Hydroponics Systems
Closed System
Open System
Liquid Hydroponics Systems
Nutrient Film Techniques (NFT)
Floating Hydroponics
Aeroponics
Crop Type:
Tomato
Lettuce & Leafy Vegetables
Cucumber
Pepper
Strawberry
Others
Input Type:
Growth Medium
Rockwool
Coco Fiber
Perlite & Vermiculture
Others
Nutrients
Micronutrients
Macronutrients
By Country:
U.S
Canada
Latin America
By Equipment:
HVAC
Communication Technology
LED Grow Light
Irrigation System
Material Handling
Control System
Others
System Type:
Aggregate Hydroponics Systems
Closed System
Open System
Liquid Hydroponics Systems
Nutrient Film Techniques (NFT)
Floating Hydroponics
Aeroponics
Crop Type:
Tomato
Lettuce & Leafy Vegetables
Cucumber
Pepper
Strawberry
Others
Input Type:
Growth Medium
Rockwool
Coco Fiber
Perlite & Vermiculture
Others
Nutrients
Micronutrients
Macronutrients
By Country:
Brazil
Mexico
Argentina
Rest of Latin America
Europe
By Equipment:
HVAC
Communication Technology
LED Grow Light
Irrigation System
Material Handling
Control System
Others
System Type:
Aggregate Hydroponics Systems
Closed System
Open System
Liquid Hydroponics Systems
Nutrient Film Techniques (NFT)
Floating Hydroponics
Aeroponics
Crop Type:
Tomato
Lettuce& Leafy Vegetables
Cucumber
Pepper
Strawberry
Others
Input Type:
Growth Medium
Rockwool
Coco Fiber
Perlite & Vermiculture
Others
Nutrients
Micronutrients
Macronutrients
By Country:
Germany
U.K
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
By Equipment:
HVAC
Communication Technology
LED Grow Light
Irrigation System
Material Handling
Control System
Others
System Type:
Aggregate Hydroponics Systems
Closed System
Open System
Liquid Hydroponics Systems
Nutrient Film Techniques (NFT)
Floating Hydroponics
Aeroponics
Crop Type:
Tomato
Lettuce & Leafy Vegetables
Cucumber
Pepper
Strawberry
Others
Input Type:
Growth Medium
Rockwool
Coco Fiber
Perlite & Vermiculture
Others
Nutrients
Micronutrients
Macronutrients
By Country:
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East & Africa
By Equipment:
HVAC
Communication Technology
LED Grow Light
Irrigation System
Material Handling
Control System
Others
System Type:
Aggregate Hydroponics Systems
Closed System
Open System
Liquid Hydroponics Systems
Nutrient Film Techniques (NFT)
Floating Hydroponics
Aeroponics
Crop Type:
Tomato
Lettuce & Leafy Vegetables
Cucumber
Pepper
Strawberry
Others
Input Type:
Growth Medium
Rockwool
Coco Fiber
Perlite & Vermiculture
Others
Nutrients
Micronutrients
Macronutrients
By Country/Region:
Middle East
Africa
Company Profiles
Argus Control System
Company Overview
Product Portfolio
Key Strategies
Recent Developments
Future Plans
Koninklijke Philips NV (The Netherlands)
Greentech Agro LLC (U.S.)
Biodynamic LLC.
General Hydroponics Inc.
Logiqs B.V. (The Netherlands)
Lumigrow, Inc. (U.S.)
Hydrofarm Inc.
Hydrodynamics International Inc.
Heliospectra AB
Village Farms International, Inc.
Platinum Produce Company and Millennium Pacific Greenhouses
Soave Enterprises LLC.
“*” marked represents similar segmentation in other categories in the respective section.