iCrowdNewswire   Jan 26, 2021  6:00 AM ET

Hydroponics Industry


Wiseguyreports.Com Adds “Hydroponics -Market Demand, Growth, Opportunities and Analysis Of Top Key Player Forecast To 2022” To Its Research Database

Global Hydroponics market is expected to grow from $226.45 million in 2016 to reach $724.87 million by 2023 with a CAGR of 18.1%. Decrease in arable land, growing population coupled with raising demand for food, and technological advancements in hydropincs are some of the factors boosting the market growth. In addition, increasing research & developments investments, raising adoption of vertical farming are propelling the market growth. On the other hand, high initial investments, complexity in technologies are some of the restraints hindering the market growth.

Heating, Ventilating, and Air Conditioning (HVAC) equipments are commanding the global market with a higher market revenue during the forecast period due to high adoption of these systems for basic usage in hydroponics. Europe region is expected to witness largest market in terms of revenue. The Asia Pacific region is expected to register substantial growth rate. The growth is attributed to increasing population and growing demand for food.

Some of the key players in global hydroponics market include AMCO Produce Inc., American Hydroponics, Inc., Argus Control Systems Ltd., BetterGrow Hydro, Eurofresh Farms, General Hydroponics, Inc., Greentech Agro, Llc, Heliospectra AB, Hydrodynamics International, Inc., Hydrofarm, Inc., HydroWholesale Inc, Koninklijke Philips NV, Logiqs B.V., Lumigrow, Inc., and Village Farms International.

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Equipment Types Covered: 
• Communication Technology 
• Irrigation Systems 
• LED Grow Light 
• Heating, Ventilating, and Air Conditioning (HVAC) 
• Control Systems 
• Material Handling 
• Other Equipment

System Types Covered: 
• Liquid Hydroponic Systems 
o Nutrient Film Technique (NFT) 
o Floating Hydroponics 
o Aeroponics 
• Aggregate Hydroponic System 
o Open Systems 
o Closed Systems

Crop Types Covered: 
• Tomato 
• Lettuce & Leafy Vegetables 
• Cucumber 
• Strawberry 
• Pepper 
• Other Crops

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Input Types Covered: 
• Growth Medium 
o Coco fiber 
o Growrock 
o Perlite & Vermiculite 
o Rockwool 
o Others 
• Nutrients 
o Micronutrients 
o Macronutrients

Regions Covered: 
• North America 
o US 
o Canada 
o Mexico 
• Europe 
o Germany 
o UK 
o Italy 
o France 
o Spain 
o Rest of Europe 
• Asia Pacific 
o Japan 
o China 
o India 
o Australia 
o New Zealand 
o Rest of Asia Pacific 
• South America 
o Argentina 
o Brazil 
o Chile 
o Rest of South America 
• Middle East & Africa 
o Saudi Arabia 
o UAE 
o Qatar 
o South Africa 
o Rest of Middle East & Africa

What our report offers: 
– Market share assessments for the regional and country level segments 
– Market share analysis of the top industry players 
– Strategic recommendations for the new entrants 
– Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets 
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations) 
– Strategic recommendations in key business segments based on the market estimations 
– Competitive landscaping mapping the key common trends 
– Company profiling with detailed strategies, financials, and recent developments 
– Supply chain trends mapping the latest technological advancements

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Table of Content

1 Executive Summary 

2 Preface 
2.1 Abstract 
2.2 Stake Holders 
2.3 Research Scope 
2.4 Research Methodology 
2.4.1 Data Mining 
2.4.2 Data Analysis 
2.4.3 Data Validation 
2.4.4 Research Approach 
2.5 Research Sources 
2.5.1 Primary Research Sources 
2.5.2 Secondary Research Sources 
2.5.3 Assumptions 

3 Market Trend Analysis 
3.1 Introduction 
3.2 Drivers 
3.3 Restraints 
3.4 Opportunities 
3.5 Threats 
3.6 Product Analysis 
3.7 Emerging Markets 
3.8 Futuristic Market Scenario 

4 Porters Five Force Analysis 
4.1 Bargaining power of suppliers 
4.2 Bargaining power of buyers 
4.3 Threat of substitutes 
4.4 Threat of new entrants 
4.5 Competitive rivalry 

5 Global Hydroponics Market, By Equipment 
5.1 Introduction 
5.2 Communication Technology 
5.3 Irrigation Systems 
5.4 LED Grow Light 
5.5 Heating, Ventilating, and Air Conditioning (HVAC) 
5.6 Control Systems 
5.7 Material Handling 
5.8 Other Equipment 

10 Key Developments 
10.1 Agreements, Partnerships, Collaborations and Joint Ventures 
10.2 Acquisitions & Mergers 
10.3 New Product Launch 
10.4 Expansions 
10.5 Other Key Strategies 

11 Company Profiling 
11.1 AMCO Produce Inc. 
11.2 American Hydroponics, Inc. 
11.3 Argus Control Systems Ltd. 
11.4 BetterGrow Hydro 
11.5 Eurofresh Farms 
11.6 General Hydroponics, Inc. 
11.7 Greentech Agro, Llc 
11.8 Heliospectra AB 
11.9 Hydrodynamics International, Inc. 
11.10 Hydrofarm, Inc. 
11.11 HydroWholesale Inc 
11.12 Koninklijke Philips NV 
11.13 Logiqs B.V. 
11.14 Lumigrow, Inc. 
11.15 Village Farms International. 


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Wise Guy Reports is part of the Wise Guy Research Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe. Wise Guy Reports understand how essential statistical surveying information is for your organization or association. Therefore, we have associated with the top publishers and research firms all specialized in specific domains, ensuring you will receive the most reliable and up to date research data available. We also provide COTS (Commercial off the Shelf) business sector reports as custom exploration agreeing your particular needs.

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