Press release
Hydroponics Market Poised for Significant Growth, Expected to Reach Nearly US$ 27.71 Bn by 2030 at a CAGR of 11.3%
๐๐ฒ๐๐ซ๐จ๐ฉ๐จ๐ง๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐ฉ๐จ๐ข๐ฌ๐๐ ๐๐จ๐ซ ๐ฌ๐ข๐ ๐ง๐ข๐๐ข๐๐๐ง๐ญ ๐๐ฑ๐ฉ๐๐ง๐ฌ๐ข๐จ๐ง ๐ข๐ง ๐ญ๐ก๐ ๐๐จ๐ฆ๐ข๐ง๐ ๐ฒ๐๐๐ซ๐ฌ.๐๐ฒ๐๐ซ๐จ๐ฉ๐จ๐ง๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐๐ ๐๐ฌ๐ญ๐ข๐ฆ๐๐ญ๐ข๐จ๐ง:
The hydroponics market, valued at US$ 13.10 billion in 2023, is projected to grow at a CAGR of 11.3% from 2024 to 2030. By 2030, it is expected to reach approximately US$ 27.71 billion.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ฎ๐ซ ๐ ๐ซ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฐ: https://www.maximizemarketresearch.com/request-sample/27072/
๐๐ฒ๐๐ซ๐จ๐ฉ๐จ๐ง๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ซ ๐๐ก๐๐ง๐ ๐๐ฌ ๐ข๐ง ๐๐๐ฆ๐๐ง๐: ๐๐ก๐๐ญ'๐ฌ ๐๐ฑ๐ฉ๐๐๐ญ๐๐?
Hydroponic farming involves cultivating plants without soil, using a nutrient-rich water solution instead. This method enhances yield by 20%-25% compared to traditional agriculture, with productivity increasing 2-5 times. Factors driving demand include the need for higher crop yields, climate resilience, and rapid growth rates.
๐๐ฒ๐๐ซ๐จ๐ฉ๐จ๐ง๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
Hydroponics utilizes advanced technologies such as HVAC systems, LED grow lights, and automated irrigation systems. These technologies ensure optimal environmental conditions for plant growth, contributing significantly to market growth.
๐๐ฒ๐๐ซ๐จ๐ฉ๐จ๐ง๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐จ๐ฉ๐ ๐๐ง๐ ๐๐๐ญ๐ก๐จ๐๐จ๐ฅ๐จ๐ ๐ฒ:
The market is segmented into aggregate hydroponic systems and liquid hydroponic systems. Aggregate systems, including ebb and flow, water culture, drip, and wick systems, dominate due to their widespread use and efficiency.
๐๐ฒ๐๐ซ๐จ๐ฉ๐จ๐ง๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐ซ ๐๐๐ฆ๐๐ง๐: ๐๐ก๐ข๐๐ก ๐๐๐ ๐ข๐จ๐ง๐ฌ ๐๐ซ๐ ๐๐ก๐จ๐ฐ๐ข๐ง๐ ๐๐ซ๐จ๐ฐ๐ญ๐ก?
Europe: Leading in hydroponic horticulture innovations, particularly in countries like the Netherlands, Spain, and France. Advanced greenhouse technologies have spurred market growth.
North America: Significant market presence driven by the rising demand for fresh produce and innovative farming techniques such as rooftop hydroponic gardens.
๐๐๐ญ ๐๐จ๐ฎ๐ซ ๐ ๐ซ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ + ๐๐ข๐ฌ๐ฎ๐๐ฅ๐ฌ ๐๐๐ซ๐: https://www.maximizemarketresearch.com/request-sample/27072/
๐๐ฒ๐๐ซ๐จ๐ฉ๐จ๐ง๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
Equipment: HVAC systems play a crucial role in maintaining controlled environments essential for hydroponic cultivation. LED grow lights and irrigation systems also contribute significantly.
Input Types: Nutrients are the primary input in hydroponic systems, ensuring optimal plant nutrition and growth.
๐๐ฒ ๐๐ฒ๐ฉ๐,
Aggregate Hydroponic System
Closed Systems
Open Systems
Liquid Hydroponic Systems
๐๐ฒ ๐๐ซ๐จ๐ฉ ๐๐ฒ๐ฉ๐,
Tomato
Lettuce & Leafy Vegetables
Pepper
Cucumber
Others
๐๐ฒ ๐๐ช๐ฎ๐ข๐ฉ๐ฆ๐๐ง๐ญ,
HVAC
LED Grow Light
Irrigation Systems
Material Handling
Control Systems
Others
๐๐ฒ ๐๐ง๐ฉ๐ฎ๐ญ ๐๐ฒ๐ฉ๐,
Nutrients
Growth Medium
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.
๐๐ฒ๐๐ซ๐จ๐ฉ๐จ๐ง๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
Major players in the global hydroponics market include Hydrofarm Inc., Lumigrow Inc., Village Farms, and General Hydroponics Inc. These companies are at the forefront of innovation and market expansion efforts.
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
๐๐จ๐ง๐๐ฅ๐ฎ๐ฌ๐ข๐จ๐ง:
In conclusion, the global hydroponics market is set to witness substantial growth driven by technological advancements, increasing adoption of indoor farming solutions, and growing food security concerns globally. This market presents lucrative opportunities for stakeholders aiming to capitalize on sustainable agriculture practices and advanced farming technologies.
๐๐๐ข๐ง ๐๐๐ฅ๐ฎ๐๐๐ฅ๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: https://www.maximizemarketresearch.com/market-report/global-hydroponics-market/27072/
๐๐๐๐ฅ๐ ๐จ๐ ๐๐จ๐ง๐ญ๐๐ง๐ญ: ๐๐ฒ๐๐ซ๐จ๐ฉ๐จ๐ง๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ
Part 01: Executive Summary A concise overview of the Hydroponics market, highlighting key insights and main findings.
Part 02: Scope of the Hydroponics Market Report An outline of the report's coverage, including the objectives, market segments, and data sources used.
Part 03: Hydroponics Market Landscape A comprehensive analysis of the current market conditions, competitive dynamics, and significant developments.
Part 04: Hydroponics Market Sizing An in-depth assessment of the market size, including historical data, current figures, and future projections.
Part 05: Hydroponics Market Segmentation by Type Detailed segmentation of the market based on different types, including analysis and comparisons.
Part 06: Five Forces Analysis An evaluation of the market using Porter's Five Forces framework to understand the competitive intensity.
Part 07: Customer Landscape Insights into the customer demographics, preferences, and purchasing behavior within the market.
Part 08: Geographic Landscape A breakdown of the market by geographical regions, highlighting regional performance and opportunities.
Part 09: Decision Framework Guidelines and criteria for making strategic decisions in the market context.
Part 10: Drivers and Challenges Identification and analysis of the key factors driving market growth and the main challenges faced.
Part 11: Market Trends An exploration of the emerging trends and innovations shaping the future of the market.
Part 12: Vendor Landscape An overview of the competitive landscape, including key vendors, their market share, and strategic initiatives.
Part 13: Vendor Analysis A detailed analysis of major vendors, including their strengths, weaknesses, and competitive strategies.
๐๐๐ฒ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฒ๐๐ซ๐จ๐ฉ๐จ๐ง๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
โข What is Hydroponics?
โข What was the Hydroponics market size in 2023?
โข What is the growth rate of the Hydroponics Market?
โข Who are the key players in the Hydroponics market?
โข Who are the leading companies and what are their portfolios in Hydroponics Market?
โข What are the recent industry trends that can be implemented to generate additional revenue streams for the Hydroponics Market?
โข Which are the factors expected to drive the Hydroponics market growth?
โข What are the different segments of the Hydroponics Market?
โข What growth strategies are the players considering to increase their presence in Hydroponics?
โข What are the upcoming industry applications and trends for the Hydroponics Market?
โข What segments are covered in the Hydroponics Market?
โข What segments are covered in the Hydroponics Market?
โข What are the key opportunities in the market?
โข What factors restrain the market growth?
๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
โข Past Market Size and Competitive Landscape (2018 to 2022)
โข Past Pricing and price curve by region (2018 to 2022)
โข Market Size, Share, Size & Forecast by Different Segment | 2023-2030
โข Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
โข Market Segmentation - A detailed analysis by segment with their sub-segments and Region
โข Competitive Landscape - Profiles of selected key players by region from a strategic perspective
o Competitive landscape - Market Leaders, Market Followers, Regional player
o Competitive benchmarking of key players by region
โข PESTLE Analysis
โข PORTER's analysis
โข Value chain and supply chain analysis
โข Legal Aspects of Business by Region
โข Lucrative business opportunities with SWOT analysis
โข Recommendations
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐จ๐ซ๐ ๐๐ง-๐๐๐ฉ๐ญ๐ก ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐จ๐ง ๐๐๐ฅ๐๐ญ๐๐ ๐๐จ๐ฉ๐ข๐๐ฌ:
1. Pet Furniture Market https://www.maximizemarketresearch.com/market-report/global-pet-furniture-market/86628/
2. Global Tea Market https://www.maximizemarketresearch.com/market-report/global-tea-market/19202/
3. Access Control Market https://www.maximizemarketresearch.com/market-report/global-access-control-market/27435/
4. Temporary Power Market https://www.maximizemarketresearch.com/market-report/global-temporary-power-market/105417/
5. India Refrigerator Market https://www.maximizemarketresearch.com/market-report/india-refrigerator-market/111015/
6. Global Vertical Farming Market https://www.maximizemarketresearch.com/market-report/global-vertical-farming-market/15221/
7. Dimethyl Ether Market https://www.maximizemarketresearch.com/market-report/global-dimethyl-ether-market/16581/
8. DNA Synthesizer Market https://www.maximizemarketresearch.com/market-report/dna-synthesizer-market/189258/
9. Maternal Health Market https://www.maximizemarketresearch.com/market-report/maternal-health-market/189366/
10. Solar Power Plant Market https://www.maximizemarketresearch.com/market-report/solar-power-plant-market/194196/
๐๐ฎ๐ซ ๐๐๐๐ซ๐๐ฌ๐ฌ:
MAXIMIZE MARKET RESEARCH PVT. LTD.
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Pune, Maharashtra 411041, India.
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๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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