Hydroponics Market worth USD 461.1 Million USD by 2022
Global Hydroponics Market was worth USD 212.3 million in 2016 and is expected to reach USD 461.6 million by 2021 with a CAGR of 16.8 %.
(EMAILWIRE.COM, March 05, 2018 ) The report "Hydroponics Market by Equipment (HVAC, LED Grow Light, Communication Technology, Irrigation Systems, Material Handling, Control Systems & others), by Type (Aggregate (Closed Systems (The Water Culture System, The EBB and Flow System, Drip Systems, and The Wick System), Open Systems) & Liquid (Nutrient Film Technique (NFT), Floating Hydroponics, and Aeroponics)), by Crop Type (Tomato, Lettuce & Leafy Vegetables, Cucumber, Pepper & Strawberry), & by Input Type (Nutrients, Growth Medium) - Forecast to 2021",
The Hydroponics market is expected to reach USD 461.6 Million by 2021 from an estimated USD 212.3 Million in 2016, at a CAGR of 16.8%. The key factors such as rising demand for the agricultural products due to higher yield, advantage to develop crops in regions that can't support crops in soil, and increasing technological advancements are driving the growth of the global market.
Browse through 185 Pages and in-depth TOC on "Hydroponics Market https://marketdataforecast.com/market-reports/hydroponics-arket-2102/
Early buyers will receive 10% customization on reports.
By equipment, the HVAC crops segment accounted for the largest share of the market in 2016.On the basis of equipment, the Hydroponics market has been segmented into HVAC, LED Grow Light, Communication Technology, Irrigation Systems, Material Handling, and Control Systems. The HVAC segment accounts for the largest market share as heating, ventilation, and air-conditioning are the major elements required to create a controlled environment for hydroponic cultivation.
Inquire: https://marketdataforecast.com/market-reports/hydroponics-arket-2102/request-sample
By Type, the liquid segment accounted for the largest share of the market in 2016.On the basis of type, the Hydroponics market has been segmented into Aggregate & Liquid. Based on Crop Type, market is further segmented into Tomato, Lettuce & Leafy Vegetables, Cucumber, Pepper & Strawberry. The lettuce and leafy vegetable segment accounts for the major market share due to their better ease of growing and adaptability.
Based on Input type, market is segmented into Nutrients, Growth Medium. On the basis of Aggregate hydroponics systems, market is further segmented into Closed Systems, Open Systems. Based on Liquid Hydroponic systems, market is segmented into Nutrient Film Technique (NFT), Floating Hydroponics, and Aeroponics. On the basis of Closed systems, market is further segmented into The Water Culture System, The EBB and Flow System, Drip Systems, and The Wick System
Europe accounted for the largest share of the Hydroponics market in 2016, followed by North America. The large share of the Hydroponics market in Europe can be attributed to the growth in technology, growing disposable incomes, and the growing awareness about hydroponics in the region. North America is the fastest growing market.
The various players in the Hydroponics market include Argus Control Systems, Koninklijke Philips NV, Greentech Agro LLC, Logiqs B.V., Lumigrow, Inc. and General Hydroponics, Inc.
Scope of the report
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.
The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.
What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.
About MarketDataForecast™-
Market Data Forecast is a market research firm offering syndicated research, consults and industry newsletters across various domains & verticals. With a well-established in-house team of experts from diverse fields and outsource research network across 100+ countries, we are the sole research providers for the majority of Fortune 500 companies. Along with the standards of reports being on par excellence, our unique services like free customization, analyst support for the period of six months post to the purchase will be the flag bearers and differentiates us from the rest. Our experience and in-depth understanding of various business environments will be a support to you and your organization in making well-informed decisions.
The Hydroponics market is expected to reach USD 461.6 Million by 2021 from an estimated USD 212.3 Million in 2016, at a CAGR of 16.8%. The key factors such as rising demand for the agricultural products due to higher yield, advantage to develop crops in regions that can't support crops in soil, and increasing technological advancements are driving the growth of the global market.
Browse through 185 Pages and in-depth TOC on "Hydroponics Market https://marketdataforecast.com/market-reports/hydroponics-arket-2102/
Early buyers will receive 10% customization on reports.
By equipment, the HVAC crops segment accounted for the largest share of the market in 2016.On the basis of equipment, the Hydroponics market has been segmented into HVAC, LED Grow Light, Communication Technology, Irrigation Systems, Material Handling, and Control Systems. The HVAC segment accounts for the largest market share as heating, ventilation, and air-conditioning are the major elements required to create a controlled environment for hydroponic cultivation.
Inquire: https://marketdataforecast.com/market-reports/hydroponics-arket-2102/request-sample
By Type, the liquid segment accounted for the largest share of the market in 2016.On the basis of type, the Hydroponics market has been segmented into Aggregate & Liquid. Based on Crop Type, market is further segmented into Tomato, Lettuce & Leafy Vegetables, Cucumber, Pepper & Strawberry. The lettuce and leafy vegetable segment accounts for the major market share due to their better ease of growing and adaptability.
Based on Input type, market is segmented into Nutrients, Growth Medium. On the basis of Aggregate hydroponics systems, market is further segmented into Closed Systems, Open Systems. Based on Liquid Hydroponic systems, market is segmented into Nutrient Film Technique (NFT), Floating Hydroponics, and Aeroponics. On the basis of Closed systems, market is further segmented into The Water Culture System, The EBB and Flow System, Drip Systems, and The Wick System
Europe accounted for the largest share of the Hydroponics market in 2016, followed by North America. The large share of the Hydroponics market in Europe can be attributed to the growth in technology, growing disposable incomes, and the growing awareness about hydroponics in the region. North America is the fastest growing market.
The various players in the Hydroponics market include Argus Control Systems, Koninklijke Philips NV, Greentech Agro LLC, Logiqs B.V., Lumigrow, Inc. and General Hydroponics, Inc.
Scope of the report
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.
The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.
What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.
About MarketDataForecast™-
Market Data Forecast is a market research firm offering syndicated research, consults and industry newsletters across various domains & verticals. With a well-established in-house team of experts from diverse fields and outsource research network across 100+ countries, we are the sole research providers for the majority of Fortune 500 companies. Along with the standards of reports being on par excellence, our unique services like free customization, analyst support for the period of six months post to the purchase will be the flag bearers and differentiates us from the rest. Our experience and in-depth understanding of various business environments will be a support to you and your organization in making well-informed decisions.
Contact Information:
Market Data Forecast.
Abhishek Shukla
Tel: +1-888-702-9626
Email us
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Market Data Forecast.
Abhishek Shukla
Tel: +1-888-702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results