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Hydroponics (Aggregate Systems, Liquid Systems) Market - Global Forecast to 2025

/EIN News/ -- Dublin, May 16, 2019 (GLOBE NEWSWIRE) -- The "Hydroponics Market by Type (Aggregate Systems, Liquid Systems), Crop Type (Vegetables, Fruits, Flowers), Equipment (HVAC, Led Grow Light, Irrigation Systems, Material Handling, Control Systems), Input, and Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.

The market for hydroponic systems is estimated at USD 8.08 billion in 2019; it is projected to grow at a CAGR of 12.1% to reach USD 16.03 billion by 2025.

Greenhouses have evolved considerably from the simple structures of the 17th century to the modern-day greenhouses equipped with technologies for climate control, supplemental lighting, irrigation control, and material handling, among others. A smart greenhouse is a completely automated greenhouse whose parameters can be adjusted remotely.

These make use of control systems to regulate internal conditions such as temperature, humidity levels, and light intensity, and communication technologies for remotely monitoring the greenhouse parameters. Hydroponics is a technique of growing plants in water and nutrients, without using soil as a base. This technique is gaining rapid popularity as growers can obtain higher yields with each harvest.

The growth of the hydroponics market is driven by higher yields compared to conventional agriculture methods in limited land and other resources, which has had a profound impact in demand for hydroponics. Hydroponic systems are a combination of multiple technologies and hence encompass a specific set of system models.

On the other hand, the estimated value of crops produced globally through hydroponics in 2019 would be USD 32.13 billion; it is projected to grow at a rate of 5.1% from 2019 to 2025.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview
5.1 Introduction
5.2 Macroeconomic Indicators
5.2.1 Increasing Population
5.2.2 Increasing Rates Of Urbanization And Decline In Arable Land
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Higher Yield As Compared To Conventional Agriculture Practices
5.3.1.2 Controlled Environment Farming Helps Eliminate The Effect Of External Factors On Crop Growth
5.3.1.3 Hydroponic Systems Help Conserve Natural Resources
5.3.1.3.1 Improved Yield And Higher Produce With Limited Land Resources
5.3.1.3.2 Lower Water Utilization As Against Conventional Farming Methods
5.3.2 Restraints
5.3.2.1 High Capital Investment For Large-Scale Farms
5.3.2.2 Lack Of Government Policy And Tax Breaks In Developing Countries
5.3.3 Opportunities
5.3.3.1 Development Of Innovative Hydroponic Technologies
5.3.3.2 Entrance Of New Players In The Market
5.3.3.3 Application Of Hydroponics Systems In Restaurants And Grocery Stores
5.3.3.4 Significant Growth In Organic Food Demand
5.3.3.5 Increased Demand For Cannabis Is Projected To Fuel The Demand For Hydroponics
5.3.4 Challenges
5.3.4.1 High Prices Of Hydroponically Grown Produce
5.3.4.2 Spread Of Waterborne Diseases And Algae In Closed Systems
5.4 Patent Analysis

6 Hydroponics Market, By Type
6.1 Introduction
6.2 Aggregate Systems
6.2.1 The EBB And Flow System
6.2.1.1 EBB And Flow Systems Are Majorly Operated For Berry Production In The Developing Countries
6.2.2 Drip System
6.2.2.1 The Drip System Is The Most Water-Efficient Irrigation Technique In Crop Cultivation
6.2.3 Wick System
6.2.3.1 The Demand For Wick Systems Has Been Diminishing With The Emergence Of The Ebb And Flow Aggregate Systems
6.3 Liquid Hydroponic Systems
6.3.1 Deep Water Culture
6.3.1.1 The Concept Of Hybrid Farming Has Propelled The Growth Opportunities For Deep Water Culture Systems
6.3.2 Nutrient-Film Technique (NFT)
6.3.2.1 Highly Preferred Hydroponic Systems For Vegetable Cultivation Across The Globe
6.3.3 Aeroponics
6.3.3.1 The High Cost Of These Systems Has Been Restricting Its Adoption

7 Hydroponics Market, By Equipment
7.1 Introduction
7.2 Hvac
7.2.1 Various Regional Climates And Increasing Adoption Of Urban Farming Drives The Demand For HVAC Systems
7.3 Led Grow Light
7.3.1 Led Grow Light Is One Of The High-Cost Equipment In A Hydroponic System
7.4 Control Systems
7.4.1 Increasing Scope For Automation And Smart Farming Is Projected To Create Growth Opportunities For Control Systems
7.5 Irrigation Systems
7.5.1 Decreasing Arable Land And Focus On Urban Hydroponic Farming To Drive The Demand For Irrigation Systems
7.6 Material Handling
7.6.1 Increasing Focus On Shortening The Supply Chain Through Farm-To-Fork Concept To Drive The Demand For Material Handling Systems
7.7 Others

8 Global Hydroponics Market, By Input
8.1 Introduction
8.2 Nutrients
8.2.1 NPK
8.2.1.1 NPK Nutrients Are The Most Essential Nutrients Provided In All Hydroponic Systems Irrespective Of Crop Grown
8.2.2 Trace Minerals
8.2.2.1 Emergence Of Organic Farming In Hydroponics Might Affect The Demand For Trace Minerals
8.2.3 Others
8.3 Grow Media
8.3.1 Rockwool
8.3.1.1 Rockwool Is Majorly Used As A Support For Plant Growth In Hydroponic Systems
8.3.2 Perlite & Vermiculite
8.3.2.1 Perlite & Vermiculite Are Used In Conjunction With Coco Peat During The Nursery Stage Of Any Crop
8.3.3 Coco Fiber
8.3.3.1 Low Cost Of Coco Fiber Has Been Driving The Demand In Developing Countries
8.3.4 Others

9 Hydroponics Market, By Crop Type
9.1 Introduction
9.2 Vegetables
9.2.1 Tomato
9.2.1.1 Over 90% Of The Greenhouse Tomatoes Produced In Canada And The Netherlands Are Grown Hydroponically
9.2.2 Leafy Greens
9.2.2.1 Hydroponic And Indoor Grown Lettuce Account For Around 4-5% Of The Us Lettuce Production
9.2.3 Cucumber
9.2.3.1 Hydroponic Cultivation Of Cucumbers Have Been Increasing In North American Countries
9.2.4 Peppers
9.2.4.1 Turkey Has Witnessed An Exponential Growth In Pepper Production Hydroponically Over The Past 10 Years
9.2.5 Others
9.3 Fruits
9.3.1 Rise In Demand And Year-Long Harvest Benefits Supplement Hydroponic Fruit Growth
9.4 Flowers
9.4.1 Hydroponic Adoption For Flowers Has Been The Highest In The Netherlands
9.5 Others

10 Hydroponics Market, By Region

11 Competitive Landscape
11.1 Overview
11.2 Competitive Leadership Mapping
11.3 Competitive Leadership Mapping (For Crop Producers)
11.4 Competitive Scenario

12 Company Profiles
12.1 System Input Companies
12.1.1 Signify Holding
12.1.2 Heliospectra Ab
12.1.3 Scotts Miracle Gro
12.1.4 Argus Control Systems
12.1.5 Logiqs B.V.
12.1.6 Lumigrow
12.1.7 Hydroponic System International
12.1.8 Hydrodynamics International
12.1.9 American Hydroponics
12.1.10 Advanced Nutrients
12.1.11 Emerald Harvest
12.1.12 Vitalink
12.2 Hydroponic Crop Producers
12.2.1 Aerofarms
12.2.2 Terra Tech Corp
12.2.3 Triton Foodworks Pvt. Ltd.
12.2.4 Freight Farms
12.2.5 Green Sense Farms
12.2.6 Emirates Hydroponic Farm

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Related Topics: Agricultural Machinery and Equipment

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