Global Hydroponics Market is Expected to Reach $724.87 million by 2023

Report Sellers has added a new market research report “Hydroponics - Global Market Outlook (2017-2023)” to its offerings.

According to Report, the Global Hydroponics market is expected to grow from $226.45 million in 2016 to reach $724.87 million by 2023 with a CAGR of 18.1%.

Decrease in arable land, growing population coupled with raising demand for food, and technological advancements in hydropincs are some of the factors boosting the market growth. In addition, increasing research & developments investments, raising adoption of vertical farming are propelling the market growth. On the other hand, high initial investments, complexity in technologies are some of the restraints hindering the market growth.

Heating, Ventilating, and Air Conditioning (HVAC) equipments are commanding the global market with a higher market revenue during the forecast period due to high adoption of these systems for basic usage in hydroponics. Europe region is expected to witness largest market in terms of revenue. The Asia Pacific region is expected to register substantial growth rate. The growth is attributed to increasing population and growing demand for food.

Some of the key players in global hydroponics market include AMCO Produce Inc., American Hydroponics, Inc., Argus Control Systems Ltd., BetterGrow Hydro, Eurofresh Farms, General Hydroponics, Inc., Greentech Agro, Llc, Heliospectra AB, Hydrodynamics International, Inc., Hydrofarm, Inc., HydroWholesale Inc, Koninklijke Philips NV, Logiqs B.V., Lumigrow, Inc., and Village Farms International.
Browse through the complete description and in-depth TOC on “Hydrponics Market”
https://www.reportsellers.com/market-research-report/Hydroponics----Global-Market-Outlook-2017-2023
What does the Report Offers

• Market share assessments for the regional and country level segments
• Market share analysis of the top industry players 
• Strategic recommendations for the new entrants
• Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments

 
Report Scope

Global Hydroponics Market has been segmented by Equipment types covered, System types covered, Crop types covered, Input types covered and regions covered

Equipment Types Covered: 
Communication Technology 
Irrigation Systems 
LED Grow Light 
Heating, Ventilating, and Air Conditioning (HVAC) 
Control Systems 
Material Handling 
Other Equipment 

System Types Covered:
Liquid Hydroponic Systems 
Nutrient Film Technique (NFT)
Floating Hydroponics
Aeroponics
Aggregate Hydroponic System 
Open Systems
Closed Systems

Crop Types Covered:
Tomato 
Lettuce & Leafy Vegetables 
Cucumber 
Strawberry 
Pepper 
Other Crops 

Input Types Covered:
Growth Medium 
Coco fiber
Growrock
Perlite & Vermiculite
Rockwool
Others
Nutrients 
Micronutrients
Macronutrients

Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
UK
Italy
France 
Spain 
Rest of Europe 
Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia Pacific
South America
Argentina
Brazil
Chile
Rest of South America
Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

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