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Global hydroponics market accounted for USD XXX.X Million in 2018 and is estimated to reach USD XXX.X Million in 2024, registering a compound annual growth rate (CAGR)of XX.X% between 2018 and 2024. Hydroponics is a method of growing plants without using soil. In hydroponics, plants grow in water-based, nutrient-rich solution and this method offers many times greater yield than other conventional farming methods.

Market Drivers & Restraints

The earth has lost a third of its arable land due to urbanization, industrialization and erosion or pollution in the past 40 years and this reduction in arable land is likely to grow in coming years. This continuous reduction in the arable land area has increased the need for soilless farming methods such as hydroponics, aquaponics, and others. With hydroponics, it is possible to grow crops in places where the land is limited, doesn't exist, or is heavily contaminated. Further, this rise in demand for soilless farming methods is likely to bolster the growth of global hydroponics market. Apart from this, the hydroponics system makes better use of space and location as compared to other soilless farming methods and due to this, hydroponics farming methods are being strongly adopted in domestic areas.

Furthermore, agriculture sector today is strongly affected by unsure climate change. Factors such as increasing carbon dioxide (CO2) and other greenhouse gas (GHG) emissions from human activities have resulted in climate change. This climate change has adversely affected world crop production, at the same time it has also bolstered the demand for controlled environment farming methods. Even in the hydroponics system, growers can control over the temperature, humidity, light intensification, the composition of the air and can grow foods all year round regardless of the season.

Additionally, a series of benefits associated with hydroponics methods such as water conservation, effective use of nutrients, better growth rate, no weeds, fewer pets & diseases, less labor & time saver and others are aiding the growth of global hydroponics market. However, the requirement of experience and knowledge, high initial expense and others are some major drawbacks of hydroponics which are likely to restrict the growth of global hydroponics market in upcoming years.

Segmentation

The research offers a comprehensive analysis of hydroponics market with respect to following sub-markets:

By Product
- Growing Chamber
- Pump & Tubing
- Growing LED Lights
- HVAC
- Growing Supplies
- Controlling Equipment
- Reservoir
- Accessories

By System
- Aggregate Hydroponics System
- - - Closed Systems
- - - Open Systems
- Liquid Hydroponics System
- - - Nutrient Film Technique (NFT)
- - - Others

By Crop
- Lettuce
- Microgreens
- Medical Marijuana
- Tomatoes
- Herbs
- Pepper
- Cucumber
- Others

By Geography
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
- Latin America (Brazil, Mexico, Argentina and Rest of Latin America)
- Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)

Competitive Landscape

The report profiles various major market players such as;

- Amhydro
- American Hydroponics
- The Hydroponics Company Limited
- HydroGarden
- Hanna Instruments, Inc.
- General Hydroponics
- Hydrofarm
- Greentech Agro, LLC
- Hydrodynamics International, Inc.
- Heliospectra AB
- Lumigrow Inc.
- Other Major & Niche Players

Competitive landscape analysis provides detailed strategic analysis of the company’s business and performance such as financial information, revenue breakup by segment and by geography, SWOT Analysis, risk analysis, key facts, company overview, business strategy, key product offerings, marketing and distribution strategies, new product development, recent news (acquisition, expansion, technology development, research & development expansion and other market activities.

The study also provides company’s positioning and market share in Hydroponics market.

Timeline Considered for Analysis:

- 2017- Base Year
- 2018 – Estimated Year
- 2019 to 2024 – Forecasted Year

Research Scope and Deliverables

- Overview & Executive Summary
- Market Drivers, Trends, Challenges and Opportunities
- Market Size and Forecast Projections
- Macroeconomic Indicators of Various Countries Impacting the Growth of the Market
- Extensive Coverage of Industry Players including Recent Product Launches and Market Activities
- Porter’s Five Force Analysis

Market Segmentation Analysis:

Industry report analyzes the global Hydroponics market by the following segments:

- Product
- System
- Crop

Geographic Market Analysis:

The report offers separate analysis of North America, Europe, Asia Pacific, Latin America and Middle East & Africa. In addition, further breakdown of market data and analysis of region into countries is covered in the report.

Customization: We also offers customization’s in the industry report as per the company’s specific needs.

Key Questions Answered in the Global Hydroponics Industry Report;

- What is the overall market size in 2017? What will be the market growth during the forecast period i.e. 2018-2024?
- Which region would have high demand for product in the upcoming years?
- What are the factors driving the growth of the market?
- Which sub-market will make the most significant contribution to the market?
- What are the market opportunities for existing and entry-level players?
- What are various long-term and short-term strategies adopted by the market players?

Relates Research Reports

Vertical Farming Market – By Growing System (Hydroponics, Aeroponics, Aquaponics, Others) By Equipment and Offerings (Lighting, Climate Control, Sensors, Growing Supplies, Hydroponics Components, Aquaponics Components) By Application (Commercial, Home Food Production, Others) - Market Size, Trends, Share & Forecast 2018-2023

Controlled Environment Agriculture Market - By Components (lighting, growing media, nutrients, others) By Crop (lettuce & leafy greens, cucumber, tomato, peppers, cannabis, strawberries, others) Market Size, Trends, Share & Forecast 2018-2023

Hydroponic Crop Farming Market -By Crop (Lettuce, Microgreens, Medical Marijuana, Tomatoes, Herbs, Pepper, Cucumber, Others) By Farming Type (Indoor Farming, Outdoor Farming) By Sales (Hypermarket & Supermarket, Restaurant and Chefs, Grocery Stores, Bulk Suppliers & Distributors, Others) - Market Size, Trends, Share & Forecast 2018-2023

 

Research Methodology
Market Definition and List of Abbreviations
1. Executive Summary
2. Growth Drivers & Issues in Global Hydroponics Market
3. Global Hydroponics Market Trends
4. Opportunities in Global Hydroponics Market
5. Recent Industry Activities, 2017
6. Porter's Five Forces Analysis
7. Market Value Chain and Supply Chain Analysis
8. Global Hydroponics Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2018-2024

9. Global Hydroponics Market Segmentation Analysis, By Product
9.1. Introduction
9.2. Market Attractiveness, By Product
9.3. BPS Analysis, By Product
9.4. Growing Chamber Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2018-2024
9.5. Pump & Tubing Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2018-2024
9.6. Growing LED Lights Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2018-2024
9.7. HVAC Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2018-2024
9.8. Growing Supplies Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2018-2024
9.9. Controlling Equipment Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2018-2024
9.10. Reservoir Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2018-2024
9.11. Accessories Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2018-2024

10. Global Hydroponics Market Segmentation Analysis, By System
10.1. Introduction
10.2. Market Attractiveness, By System
10.3. BPS Analysis, By System
10.4. Aggregate Hydroponics System Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2018-2024
10.4.1. Closed Systems Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2018-2024
10.4.2. Open Systems Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2018-2024
10.5. Liquid Hydroponics System Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2018-2024
10.5.1. Nutrient Film Technique (NFT) Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2018-2024
10.5.2. Others Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2018-2024

11. Global Hydroponics Market Segmentation Analysis, By Crop
11.1. Introduction
11.2. Market Attractiveness, By Crop
11.3. BPS Analysis, By Crop
11.4. Lettuce Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2018-2024
11.5. Microgreens Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2018-2024
11.6. Medical Marijuana Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2018-2024
11.7. Tomatoes Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2018-2024
11.8. Herbs Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2018-2024
11.9. Pepper Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2018-2024
11.10. Cucumber Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2018-2024
11.11. Others Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2018-2024

12. Geographical Analysis
12.1. Introduction
12.2. North America Hydroponics Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2018-2024
12.2.1. By Product
12.2.2. By System
12.2.3. By Crop
12.2.4. By Country
12.2.4.1. Market Attractiveness, By Crop
12.2.4.2. BPS Analysis, Application
12.2.4.3. U.S. Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2018-2024
12.2.4.4. Canada Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2018-2024

12.3. Europe Hydroponics Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2018-2024
12.3.1. By Product
12.3.2. By System
12.3.3. By Crop
12.3.4. By Country
12.3.4.1. Market Attractiveness, By Country
12.3.4.2. BPS Analysis, By Country
12.3.4.3. Germany Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2018-2024
12.3.4.4. United Kingdom Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2018-2024
12.3.4.5. France Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2018-2024
12.3.4.6. Italy Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2018-2024
12.3.4.7. Spain Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2018-2024
12.3.4.8. Russia Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2018-2024
12.3.4.9. Rest of Europe Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2018-2024

12.4. Asia Pacific Hydroponics Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2018-2024
12.4.1. By Product
12.4.2. By System
12.4.3. By Crop
12.4.4. By Country
12.4.4.1. Market Attractiveness, By Country
12.4.4.2. BPS Analysis, By Country
12.4.4.3. China Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2018-2024
12.4.4.4. India Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2018-2024
12.4.4.5. Japan Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2018-2024
12.4.4.6. South Korea Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2018-2024
12.4.4.7. Indonesia Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2018-2024
12.4.4.8. Taiwan Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2018-2024
12.4.4.9. Australia Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2018-2024
12.4.4.10. New Zealand Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2018-2024
12.4.4.11. Rest of Asia Pacific Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2018-2024

12.5. Latin America Hydroponics Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2018-2024
12.5.1. By Product
12.5.2. By System
12.5.3. By Crop
12.5.4. By Country
12.5.4.1. Market Attractiveness, By Country
12.5.4.2. BPS Analysis, By Country
12.5.4.3. Brazil Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2018-2024
12.5.4.4. Mexico Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2018-2024
12.5.4.5. Rest of Latin America Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2018-2024

12.6. Middle East & Africa Hydroponics Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2018-2024
12.6.1. By Product
12.6.2. By System
12.6.3. By Crop
12.6.4. By Geography
12.6.4.1. Market Attractiveness, By Geography
12.6.4.2. BPS Analysis, By Geography
12.6.4.3. GCC Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2018-2024
12.6.4.4. North Africa Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2018-2024
12.6.4.5. South Africa Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2018-2024
12.6.4.6. Rest of Middle East & Africa Market Size (USD Million), Forecast & Y-o-Y Growth Analysis, 2018-2024

13. Competitive Landscape
13.1. Market Share of Key Players
13.2. Market Positioning of Major Players in Global Hydroponics Market
13.3. Company Profiles
13.3.1. Amhydro
13.3.1.1. Product Offered
13.3.1.2. Business Strategy
13.3.1.3. Financials
13.3.1.4. SWOT Analysis
13.3.1.5. Market Share Analysis
13.3.1.6. Key Achievements & Developments
13.3.2. American Hydroponics
13.3.3. The Hydroponics Company Limited
13.3.4. HydroGarden
13.3.5. Hanna Instruments, Inc.
13.3.6. General Hydroponics
13.3.7. Hydrofarm
13.3.8. Greentech Agro, LLC
13.3.9. Hydrodynamics International, Inc.
13.3.10. Heliospectra AB
13.3.11. Lumigrow Inc.
13.3.12. Others Major & Niche Players

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