Hydroponics System Market to reach USD 19.94 billion by 2030, Industry Trends , Size, Segments, Market Growth : DBMR

According to reports by United Nations on the global population, pants produced in hydroponic systems have reached a 20 to 25 percent higher yield than the traditional agriculture systems, with the productivity being 2 to 5 times higher. The hydroponic system has enough potential to deal with these problems posed to the current agricultural system. Growing crops in optimum conditions using a controlled agriculture system is one of the major benefits of market growth.

Data Bridge Market Research analyses that the hydroponics system market is expected to reach USD 19.94 billion by 2030, which was USD 7.34 billion in 2022, registering a CAGR of 13.30% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Market Definition

Hydroponics is the farming of plants without using soil. Hydroponic herbs, flowers, and vegetables are planted in inert growing media and provided with nutrient-rich solutions, water, and oxygen. Hydroponic systems work by allowing control over environmental situations such as pH balance, temperature, and maximize exposure to water and nutrients. This system fosters stronger yields, rapid growth, and superior quality.

View Detailed Report: https://www.databridgemarketresearch.com/reports/global-hydroponics-system-market

Global Hydroponics System Market Scope

The hydroponics system market is segmented on the basis of type, equipment, input and crop type. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

Aggregate
EBB and Flow System
Drip System and Wick System
Liquid Deep
Water Culture Systems
Nutrient Film Techniques (NFT)
Aeroponics.

 Equipment

Heating, Ventilation, and Air Conditioning (HVAC)
Led Grow Light
Control System
Irrigation System
Material Handling
Potential of Hydrogen (P.H.)
Carbon Dioxide (CO2) Sensors

Input

Nutrients
NPK (Nitrogen (N), Phosphorus (P) and Potassium (K))
 Trace Mineral
Other Nutrients
Grow Media
Clay
 Rockwool
Coco Coir
Perlite and Vermiculite
Others.
Others

Crop Type

Vegetables
Leafy Greens
Peppers
Cucumber
Tomato
Others
Fruits
Flowers
Others

Some of the major players operating in the hydroponics system market are:

Thanet Earth Limited (U.K.)
Pegasus Agritech (India)
Koninklijke Philips N.V. (Netherlands)
General Hydroponics (U.S.)
Village Farms International Inc. (Canada)
ROCKWOOL A/S (Denmark)
Heliospectra AB (Sweden)
Hydroponic Systems International (Spain)
LOGIQS B.V. (Netherlands)
The Scotts Company LLC (U.S.)
FRESHBOX FARMS (U.S.)
AeroFarms (U.S.)
Freight Farms, Inc. (U.S.)
Triton Foodworks (India)
AirLogix (U.S.)

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