The Global Hydroponics Market Report by Global Insight Services is the single and trusted source of information for the Hydroponics Market. This report provides an analysis of the market impact of the latest market disruptions such as the Russian-Ukraine War and Covid-19. The report provides a qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. The report includes in-depth segmentation and market size data by category, product type, application, and region. The report also includes a comprehensive analysis of recent events such as key issues, trends and drivers, restraints and challenges, competitive landscape, and M&A activity 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.
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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.
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Market Segments
By Equipment
- HVAC
- LED Grow Light
- Irrigation Systems
- Material Handling
- Control Systems
- Other Equipment
By Type
- Aggregate Hydroponic System
- Liquid Hydroponic Systems
By Crop Type
- Tomato
- Lettuce & Leafy Vegetables
- Pepper
- Cucumber
- Others
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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