Hydroponics Market Size to Nearly Double by 2030, Projected at US$ 27.71 Bn with 11.3% CAGR

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Europe is expected to hold the highest share in the Global Hydroponics Market.

Hydroponics Market size was valued at US$ 13.10 Bn. in 2023 and the total revenue is expected to grow at 11.3 % CAGR through 2024 to 2030, reaching nearly US$ 27.71 Bn.

Hydroponics Market Overview:

Maximize Market Research, a Hydroponics business research firm has published a report on the Hydroponics Market. Which provides Industry Analysis (Market Performance, Segments, Price Analysis, and Outlook).

 

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Hydroponics Market Report Scope and Research Methodology:

The scope of the Hydroponics market analysis encompasses diverse factors, including geographical regions, industry segments, traveller types, and travel service offerings. Research methodologies integrate primary and secondary data collection, employing surveys, interviews, and analysis of industry reports and databases. Assessing the Hydroponics market scope involves examining the volume and value of business travel transactions, covering expenditures on transportation, accommodation, dining, and ancillary services. Methodologies aim to identify key trends, challenges, and opportunities influencing the market landscape. This comprehensive approach provides valuable insights for strategic decision-making, aiding businesses in navigating the complexities of the Hydroponics sector and capitalizing on growth prospects.

Hydroponics Market Regional Insights:

Improved dependability and increasing demand drive growth in the Hydroponics Market, particularly in North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. Geographical observations help investors identify opportunities, with regional evaluations highlighting crucial strategies like mergers and acquisitions. Understanding regional dynamics enables stakeholders to tailor their approaches, leveraging growth prospects and addressing specific Hydroponics market needs. This insight is vital for informed decision-making and strategic planning across diverse geographic landscapes.

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Hydroponics Market Segmentation:

by Type

Aggregate Hydroponic System
Closed Systems
Open Systems
Liquid Hydroponic Systems

Liquid hydroponic systems and aggregate hydroponic systems make up the two segments of the hydroponics market. Because it includes the most widely used hydroponic systems, including the drip system, wick system, ebb and flow system, and water culture system, aggregate hydroponic systems is anticipated to hold the greatest share in the global hydroponics market over the projection period. In the near future, the global hydroponics market is anticipated to be driven by the liquid hydroponic systems sector. Because it has components that are advantageous for the control environment for hydroponic cultivation, HVAC is predicted to hold the highest share in the global hydroponics market on the basis of equipment over the projection period.

by Crop Type

Vegetables
Fruits
Herbs
Others

by Equipment

HVAC
LED Grow Light
Irrigation Systems
Material Handling
Control Systems
Others

The hydroponics market is divided into categories such as HVAC, LED grow lights, irrigation systems, material handling, control systems, and others based on the equipment and raw materials used. The HVAC system holds the largest market share during the predicted period. Since HVAC, or heating, ventilation, and air conditioning, is in charge of cooling, dehumidifying, and preserving the proper temperature inside the facility, it plays a significant role in the development of indoor growers. Aerologic and hydroponic farms need HVAC systems that are dependable and precisely managed.

by Input Type

Nutrients
Growth Medium

During the projected period, the global hydroponics market is expected to hold the highest share of the nutrients sector in terms of input type.

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Table of Content: Hydroponics Market

Part 01: Executive Summary

Part 02: Scope of the Hydroponics Market Report

Part 03: Global Hydroponics Market Landscape

Part 04: Global Hydroponics Market Sizing

Part 05: Global Hydroponics Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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Hydroponics Market Key Players:

1. Hydrofarm Inc
2. Lumigrow Inc.
3.Village farms
4. Argus Control Systems Ltd.
5. General Hydroponics Inc.
6. Hydrodynamics International Inc
7. Greentech Agro Inc.
8. Heliospectra AB
9. Logiqs B.V
10.Koninklijke Philips NV.
11.Thanet Earth
12.Pegasus Agritech
13.Growlife
14.Circle Fresh Farms
15.KUBO Greenhouse Projects
16.HortiMaX
17.Terra Tech
18.Signify Holdings
19.Scotts Miracle Gro
20.American Hydroponics
21.Emerald Harvest
22.Advanced Nutrients
23.Grobo

Key questions answered in the Hydroponics Market are:

  • Who are the leading companies and what are their portfolios in Hydroponics Market? 
  • What segments are covered in the Hydroponics Market?
  • Who are the key players in the Hydroponics market?
  • What is Hydroponics?
  • What was the Hydroponics market size in 2023?
  • What is the growth rate of the Hydroponics Market?
  • Which are the factors expected to drive the Hydroponics market growth?
  • What are the different segments of the Hydroponics Market?
  • What growth strategies are the players considering to increase their presence in Hydroponics?
  • What are the upcoming industry applications and trends for the Hydroponics Market?
  • What are the recent industry trends that can be implemented to generate additional revenue streams for the Hydroponics Market?
  • What segments are covered in the Hydroponics Market?

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Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2023)
  • Past Pricing and price curve by region (2018 to 2023)
  • Market Size, Share, Size Forecast by different segment | 2024−2030
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation – A detailed analysis by segment with their sub-segments and Region 
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective 
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis 
  • PORTER’s analysis 
  • Value chain and supply chain analysis 
  • Legal Aspects of Business by Region
  • Lucrative business opportunities with SWOT analysis 
  • Recommendations 

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