Press release
Global Hydroponics Market: Amhydro, American Hydroponics, The Hydroponics Company Limited, HydroGarden, Hanna Instruments Inc, General Hydroponics, Hydrofarm, Greentech Agro, LLC, Hydrodynamics International Inc
A New fresh research report presented by KD Market Insights provides a detailed analysis of “Hydroponics Market 2017: Market Size, Trends & Opportunity Outlook – Forecast to 2023” research report will include all the major trends and technologies that play an important role in market growth in the predicted span of 6 years. It also presents the overview of industry players, advantages, challenges the business is going through. The research provides a complete understanding of the Global Hydroponics Market in terms of revenue.Report start from the market overview section which demonstrates the market drivers, restraints and opportunities that influence the current and future status of the market. It also includes key trends, implementation restraints, end-user product issues and many more. These factors are responsible for changing the market scenario. The deep analysis of each segment in the report is provided in order to provide a thorough understanding of the overall scenario in the Hydroponics Market. The report covers the competitor’s strategies that help them to capture the market.
The global hydroponics market accounted for USD 5,223.7 Million in 2017. Further, the market is expected to reach to a valuation of USD 13,842.3 Million by the end of 2023. Moreover, it is anticipated to flourish at a CAGR of 20.7% during the forecast period i.e. 2018-2023. The market is driven by its benefit such as higher yield as compared to traditional farming methods. As the population grows, the demand for food is rising. This factor is envisioned to bolster the growth of the market in the upcoming years.
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The global Hydroponics Market has been segmented By Product, By System, By Crop. By Product- the market is sub-segmented as Growing Chamber - Pump & Tubing, Growing LED Lights, HVAC, Growing Supplies, Controlling Equipment, Reservoir, Accessories. By System - Aggregate Hydroponic System, Closed Systems, Open Systems, Liquid Hydroponics System, Nutrient Film Technique (NFT), Others. By Crop - Lettuce, Microgreens, Medical Marijuana, Tomatoes, Herbs, Pepper, Cucumber, Others. The report shows an analysis of every area that is directly or indirectly related to this study.
The report highlights information that is required to understand the innovation and development in the Hydroponics Market, and the growing nature of each and every segment from time to time. It provides information related to the company’s financial position, day to day expenses, recent innovative development in the product. Also, the report shows the impact of the new plans, policies, and strategies adopted by the company. The Porter's Five Forces is a tool for analyzing the five forces in the economy that are buyers bargaining power, suppliers bargaining power, the threat of new entrants, the threat of substitutes, and degree of competition available in the market. It helps to determine the competitive intensity and the attractiveness of an industry in terms of profitability. The political, social, economic, demographical, technological factors have been considered while analyzing the market. It helps the company to determine the demand of the product from a particular region and the constraint that act as a hurdle in the growth of the company.
The report shows the competition level faced in the market by the company and the recent development in the market launched by the rivals. It helps them to analyze the market clearly and help the company to maintain the framework in which they have to work in the growing competition. The main competitors of the industry are: 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
While analyzing the market every segment of the market is considered concisely from time to time to understand the geographical distribution of the product and the demand from that particular region and the insights responsible for all the factors. By geography the market is divided into North America, The U.S., Canada, Rest of North America, Europe, Germany, The U.K., France, Rest of Europe, Asia Pacific (APAC), China, India, Japan, Australia, Rest of APAC, Middle East & Africa (MEA), GCC, South Africa, Rest of MEA, South America (Brazil &Rest of South America).
The final section of the report highlights the data collected for the report. A perfect combination of the primary, as well as secondary research has been made to collect the facts and figures regarding the product and the market. Secondary research sources are annual reports of the company to understand the financial position of the company, third-party report, customers review towards the product, statistical databases, government publications, company's shareholder's reviews, regulatory database have been considered. Whereas the primary research includes telephonic interviews, e-mail conversations, face-to-face interviews. Primary research is a time-consuming process and they are not considered as reliable as a comparison to the second method. Hence, secondary research is a reliable one and helps to develop the analysis team expert and market understanding.
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Table of Contents:
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), Growth Analysis and Forecast, (2017-2023)
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 & Forecast (USD Million), 2017-2023
9.5. Pump & Tubing Market Size & Forecast (USD Million), 2017-2023
9.6. Growing LED Lights Market Size & Forecast (USD Million), 2017-2023
9.7. HVAC Market Size & Forecast (USD Million), 2017-2023
9.8. Growing Supplies Market Size & Forecast (USD Million), 2017-2023
9.9. Controlling Equipment Market Size & Forecast (USD Million), 2017-2023
9.10. Reservoir Market Size & Forecast (USD Million), 2017-2023
9.11. Accessories Market Size & Forecast (USD Million), 2017-2023
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 Hydroponic System Market Size & Forecast (USD Million), 2017-2023
10.4.1. Closed Systems Market Size & Forecast (USD Million), 2017-2023
10.4.2. Open Systems Market Size & Forecast (USD Million), 2017-2023
10.5. Liquid Hydroponics System Market Size & Forecast (USD Million), 2017-2023
10.5.1. Nutrient Film Technique (NFT) Market Size & Forecast (USD Million), 2017-2023
10.5.2. Others Market Size & Forecast (USD Million), 2017-2023
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 & Forecast (USD Million), 2017-2023
11.5. Microgreens Market Size & Forecast (USD Million), 2017-2023
11.6. Medical Marijuana Market Size & Forecast (USD Million), 2017-2023
11.7. Tomatoes Market Size & Forecast (USD Million), 2017-2023
11.8. Herbs Market Size & Forecast (USD Million), 2017-2023
11.9. Pepper Market Size & Forecast (USD Million), 2017-2023
11.10. Cucumber Market Size & Forecast (USD Million), 2017-2023
11.11. Others Market Size & Forecast (USD Million), 2017-2023
12. Geographical Analysis
12.1. Introduction
12.2. North America Market Size (USD Million), 2017-2023
12.2.1. By Product
12.2.1.1. Introduction
12.2.1.2. Market Attractiveness, By Product
12.2.1.3. BPS Analysis, By Product
12.2.1.4. Growing Chamber Market Size & Forecast (USD Million), 2017-2023
12.2.1.5. Pump & Tubing Market Size & Forecast (USD Million), 2017-2023
12.2.1.6. Growing LED Lights Market Size & Forecast (USD Million), 2017-2023
12.2.1.7. HVAC Market Size & Forecast (USD Million), 2017-2023
12.2.1.8. Growing Supplies Market Size & Forecast (USD Million), 2017-2023
12.2.1.9. Controlling Equipment Market Size & Forecast (USD Million), 2017-2023
12.2.1.10. Reservoir Market Size & Forecast (USD Million), 2017-2023
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