Hydroponics Market Research, Global Industry Analysis by Equipment Types, System Types, Crop Types, Key Players and Future Analysis 2022

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.

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Some of the key players in this 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.

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.

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
• Aggregate Hydroponic System

Crop Types Covered:

• Tomato
• Lettuce & Leafy Vegetables
• Cucumber
• Strawberry
• Pepper
• Other Crops

Input Types Covered:

• Growth Medium
• Nutrients

Regions Covered:

• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa

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Table of Content

1 Executive Summary    

2 Preface     

3 Market Trend Analysis   

4 Porters Five Force Analysis   

5 Global Hydroponics Market, By Equipment 

6 Global Hydroponics Market, By System Type

7 Global Hydroponics Market, By Crop  

8 Global Hydroponics Market, By Input  

9 Global Hydroponics Market, By Geography 

10 Key Developments    

11 Company Profiling    

11.1 AMCO Produce Inc.

11.2 American Hydroponics, Inc.

11.3 Argus Control Systems Ltd.

11.4 BetterGrow Hydro

11.5 Eurofresh Farms

11.6 General Hydroponics, Inc.

11.7 Greentech Agro, Llc

11.8 Heliospectra AB

11.9 Hydrodynamics International, Inc.

11.10 Hydrofarm, Inc.

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