Global Hydroponics Market report from Global Insight Services is the single authoritative source of intelligence on Hydroponics Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Hydroponics is a method of growing plants in a water-based solution without the use of soil. The plants are instead supported by an inert medium, such as gravel, and the roots are constantly bathed in the nutrient-rich solution.
The main advantage of hydroponics is that it allows plants to be grown in a controlled environment, without the need for sunlight or other natural resources. This makes it possible to grow plants indoors, in greenhouses, or in other areas where traditional farming methods would be impractical.
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Hydroponics also has a number of other benefits, including reduced water and fertilizer usage, as well as reduced pest and disease problems. Additionally, because the roots are constantly exposed to oxygen, plants grown using hydroponics tend to be healthier and more robust than those grown in soil.
Key Trends and Drivers
Over the past decade, the hydroponics market has seen significant growth. The market is driven by the many benefits of hydroponics, such as the ability to grow crops in a controlled environment, with little to no water or soil. This type of agriculture is especially beneficial in regions where water is scarce, or where soil quality is poor. In addition, hydroponics can be used to grow crops year-round, regardless of the climate.
The market is driven by the increasing demand for fresh produce, the need for efficient agriculture, and the legalization of cannabis in many countries. In addition, the market is expected to benefit from the increasing interest in organic and sustainable food production.
Market Segments
By Equipment
- HVAC
- LED Grow Light
- Irrigation Systems
- Material Handling
- Control Systems
- Other Equipment
By Type
- Aggregate Hydroponic System
- Liquid Hydroponic Systems
Key Players
- Hydrofarm Inc
- Lumigrow Inc.
- Argus Control Systems Ltd.
- General Hydroponics Inc.
- Hydrodynamics International Inc
- Greentech Agro Inc
- Heliospectra AB
- Logiqs B.V.
- Koninklijke Philips NV.
- Illumitex, Inc.
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