Hydroponics Market Overview

Maximize Market Research offers an all-encompassing portrayal of Hydroponics Market, presenting a contemporary snapshot that optimizes the understanding of its characteristics. The research paper thoroughly covers projected statistics, notable progressions, and revenue details within the Hydroponics domain. Moreover, it furnishes an exhaustive exploration of the primary strategies embraced by key industry players, empowering readers to bolster their own enterprises.

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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 Scope

The Hydroponics Market report delivers vital statistics and insightful analyses to offer a comprehensive grasp of various aspects such as market size, market share, growth trends, demand dynamics, key players, industry profiles, opportunities, value cycles, end-users, types, and applications. Furthermore, the research on the Hydroponics Market highlights attainable prospects within micro markets, enabling stakeholders to make informed investment decisions. It also encompasses a meticulous evaluation of the competitive landscape, including detailed assessments of product offerings from significant competitors.

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

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.

The hydroponics market is divided into categories such as HVAC, LED grow lights, irrigation systems, material handling, control systems, and others based on the equipment and raw materials used. The HVAC system holds the largest market share during the predicted period. Since HVAC, or heating, ventilation, and air conditioning, is in charge of cooling, dehumidifying, and preserving the proper temperature inside the facility, it plays a significant role in the development of indoor growers. Aerologic and hydroponic farms need HVAC systems that are dependable and precisely managed.

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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

Table of content for the Hydroponics Market includes: 

Part 01: Executive Summary

Part 02: Scope of the Hydroponics Market Report

Part 03: Global Hydroponics Market Landscape

Part 04: Global Hydroponics Market Sizing

Part 05: Global Hydroponics Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

Regional Analysis

The development of advanced hydroponic horticulture systems has long been led by Europe. Large-scale hydroponic farming is practised in nations like France, Spain, and the Netherlands. On the other hand, growers in the Netherlands often cultivate their plants in straightforward greenhouses that resemble tunnels and lack climate control systems. In May 2022, InFarm inaugurated a second site in Nijmegen, Netherlands. The facility will be designed to enable vegetables to be grown and harvested near to the point of sale in a variety of locations, such as restaurants, grocery stores, and distribution centres.

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Key Questions answered in the Hydroponics Market Report are:

• What is Hydroponics?
• What are the Hydroponics Market segments?
• What is the forecast period of the Hydroponics Market?
• What is the expected growth rate of the Hydroponics Market during the forecast period?
• Which region held the largest Hydroponics market share in 2022?
• 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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