KD Market Insights has published a report on global Hydroponics market research report. The report offers valuable market insights drivers which would aid the industry leaders to develop and line up their market strategies supported by reliable and accurate data. According to KD Market Insights report, the global Hydroponics market is expected to grow at a CAGR of XX.X% during the forecast period i.e. 2020-2025. The market was held to USD XX.X Million in 2019 and is projected to reach to a valuation of USD XX.X Million in 2025. The report covers a detailed chapter on market segmentation of Hydroponics market covering market segments by product, system and crop .
The report offers an exhaustive analysis of the market trends, opportunities, growth areas and industry drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Market Drivers & Restraints
The earth has lost a third of its arable land due to urbanization, industrialization and erosion or pollution in the past 40 years and this reduction in arable land is likely to grow in coming years. This continuous reduction in the arable land area has increased the need for soilless farming methods such as hydroponics, aquaponics, and others. With hydroponics, it is possible to grow crops in places where the land is limited, doesn’t exist, or is heavily contaminated. Further, this rise in demand for soilless farming methods is likely to bolster the growth of global hydroponics market. Apart from this, the hydroponics system makes better use of space and location as compared to other soilless farming methods and due to this, hydroponics farming methods are being strongly adopted in domestic areas.
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Furthermore, agriculture sector today is strongly affected by unsure climate change. Factors such as increasing carbon dioxide (CO2) and other greenhouse gas (GHG) emissions from human activities have resulted in climate change. This climate change has adversely affected world crop production, at the same time it has also bolstered the demand for controlled environment farming methods. Even in the hydroponics system, growers can control over the temperature, humidity, light intensification, the composition of the air and can grow foods all year round regardless of the season.
Additionally, a series of benefits associated with hydroponics methods such as water conservation, effective use of nutrients, better growth rate, no weeds, fewer pets & diseases, less labor & time saver and others are aiding the growth of global hydroponics market. However, the requirement of experience and knowledge, high initial expense and others are some major drawbacks of hydroponics which are likely to restrict the growth of global hydroponics market in upcoming years.
– Growing Chamber
– Pump & Tubing
– Growing LED Lights
– Growing Supplies
– Controlling Equipment
– Aggregate Hydroponics System
– – – Closed Systems
– – – Open Systems
– Liquid Hydroponics System
– – – Nutrient Film Technique (NFT)
– – – Others
– Medical Marijuana
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This research report studied the Hydroponics market to forecast the revenues and analyze the trends in 5 regions i.e. North America, Europe, Asia Pacific, Latin America and Middle East & Africa. This chapter of the report presents a comparison between emerging regions and developed regions to highlight the key factors and industry trends impacting the overall Hydroponics market. Country analysis is also covered for various major economies across various regions:
- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
- Latin America (Brazil, Mexico, Argentina and Rest of Latin America)
- Middle East & Africa (GCC, North Africa, South Africa and Rest of Middle East & Africa)
This study evaluates and categorizes the key vendors in the Hydroponics market. The key companies published in the report include among others
- American Hydroponics
- The Hydroponics Company Limited
- Hanna Instruments, Inc.
- General Hydroponics
- Greentech Agro, LLC
- Hydrodynamics International, Inc.
- Heliospectra AB
- Lumigrow Inc.
- Other Major & Niche Players
The competitive strategic window analyses the competitive landscape in terms of the market share and company profiles of major vendors. This section provides company’s metrics such as business strategy and performance such as financials, sales breakup by segment and by geography, SWOT Analysis, company snapshot, business strategy, key product offerings, marketing and distribution strategies, recent news & development and other market activities.
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Why you should buy this research report:
In the past years, the Hydroponics has grown at a significant rate and key decision makers are in need of market data to make vital decisions with regard to acquire more market share in Hydroponics market. This report will help you:
- Obtain Full Understanding Of Global Hydroponics Industry Through The In-Depth Coverage
- Gain Insights Into Market Expansion Across Countries
- Expand Your Product Line To Generate High Revenue And Growth Opportunities.
- Understand Latest Market Trends And Formulate Business Strategies Accordingly.
- Acquire More Market Share Through Strategic Decisions Based On Report Insights.
- Gain Insights About Key Financial Ratio And Business Strategies.
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