Global Hydroponics Market Synopsis:

The Global Hydroponics Market is expected to expand at a compound annual growth rate of 5.50% over the forecast period of 2021 to 2028.

As per the market research study, Hydroponics is an environment-friendly and advantageous technology that engrosses the process of growing plants by using mineral nutrient solutions in sand, gravel or liquid without using soil. It has been endorsed by various governments and non-governmental organizations for its profit in food security.

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The Hydroponics Market is likely to gain growth, due to the advanced yield when compared to conventional agriculture practices are emphasized even more after the outbreak of Covid-19 pandemic. Furthermore, rapid advancements in testing technologies across the globe and execution of stringent food safety regulations as well as the controlled environment farming helps remove the effect of external factors on crop growth are expected to drive the Hydroponics Market over the forecast period of 2021 to 2028.

In terms of the geographic analysis, APAC leads the hydroponics market because of the high adoption of hydroponics in South Korea, China, Australia and other such countries within the region. Europe is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 owing to the increasing adoption of hydroponics owing to rapid industrialization and scarcity of land in this particular region.

This report contains a complete product overview and its scope in the market to define the key terms and provide the clients a holistic idea of the market and its tendency. It comprehensively evaluates the Global Hydroponics Market with different perspectives for the purpose of providing a detailed, informative, and accurate analysis of regional growth, competition, market segmentation, and other important aspects.

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Global Key Players:

1 Thanet Earth

2 PEGASUS AGRITECH

3 Growlife Inc

4 Koninklijke Philips NV

5 Hydrodynamics International

6 General Hydroponics

7 Circle A Farms

8 PONIC GREENS

9 Terra Tech Corp

10 Valoya

11 Village Farms

12 Hydrofarm LLC

13 LOGIQS B.V.

14 Viscon Hydroponics

15 ROCKWOOL International A/S

16 BrightFarms

17 AMHYDRO

18 GreenTech Agro LLC

19 Argus Control Systems Limited

20 Hydrilla

Global Hydroponics Market Segmentation:

Type Segmentation:

1 Aggregate Systems (EBB And Flow System, Drip System And Wick System)
2 Liquid Hydroponic Systems (Deep Water Culture Systems, Nutrient Film Techniques (NFT) And Aeroponics)

Equipment Segmentation:

1 HVAC
2 LED Grow Light
3 Control System
4 Irrigation System
5 Material Handling
6 Others

Crop Type Segmentation:

1 Vegetables (Leafy Greens, Peppers, Cucumber, Tomato and Others)
2 Fruits
3 Flowers
4 Others

Input Segmentation:

1 Nutrients (NPK, Trace Minerals and Others)
2 Grow Media (Clay, Rockwool, Coco Coir and Others)

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