As per the research conducted by Fast.MR, the report titled “Hydroponics Market - By Product (Growing Chamber, Pump & Tubing, Growing Led Lights, HVAC, Growing Supplies, Controlling Equipment, Reservoir and Accessories), By System (Aggregate Hydroponic System, Closed Systems, Open Systems, Liquid Hydroponics System, Nutrient Film Technique (NFT), others), By Crop (Lettuce, Microgreens, Medical Marijuana, Tomatoes, Herbs, Pepper, Cucumber, Others) & Global Region - Market Size, Trends, Opportunity, Forecast 2018-2024"provides current as well as future analysis of the market by evaluating the major applications, advantages, trends, and challenges. The report dives deeper to produce useful insights into Hydroponics Market such as major global regions and key competitors and strategies that can be used for the entry-level player too.

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Market Insights

Growth Drivers – Hydroponics Market

Rising Popularity of Soilless Farming

There are many advantages of soilless agriculture as compared to traditional agriculture such as less resource-intensive, less water consumption, better quality production, minimum use of chemicals, and less space requirement. These advantages of the hydroponic system are ideal for the current world’s food & agriculture status. The arable land area is decreasing rapidly across the globe due to rapid urbanization and heavy use of chemical fertilizers. This method of hydroponics farming gaining popularity in urban, customized agriculture setup. Other reasons such as climate change and others are also fueling the need for a more sustainable and productive alternative to traditional cultivation and others.

Rise of Urban Agriculture

The practice of growing plants and the raising of animals within and around cities is on the rise these days around the world. Population rise and rapid urbanization have increased the demand for urban agriculture recently. Apart from this, there is an intense demand for locally grown food around the cities, which is why many individuals, community groups, food justice advocates, environmentalists, city planners, and gardeners are initiating agriculture within their houses, building and cities. In addition to this, soilless farming methods are the best suit to urban agriculture needs. Further, rising practices of agriculture in urban areas is likely to bolster the market growth of hydroponics in the coming years.

Barriers – Hydroponics Market

Although hydroponics is one of the best answers to rising food demand and rapidly decreasing arable areas, there are several factors which are continuously hindering the growth of the global hydroponics market. The requirement of massive capital and high energy costs are one of the major barriers in global hydroponics market. Apart from above, operational complexity and lack of skilled labor are other key barriers in the growth of global hydroponics market.

Segmentation

By Product

- Growing Chamber

- Pump & Tubing

- Growing LED Lights

- HVAC

- Growing Supplies

- Controlling Equipment

- Reservoir

- Accessories

By System:

- Aggregate Hydroponic System

- Closed Systems

- Open Systems

- Liquid Hydroponics System

- Nutrient Film Technique (NFT)

- Others

By Crop

- Lettuce

- Microgreens

- Medical Marijuana

- Tomatoes

- Herbs

- Pepper

- Cucumber

- Others

By Geography

- 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)

Competitive Landscape

The report profiles various major market players such as:

-Amhydro

-Hydrofarm

-Lumigrow Inc.

-American Hydroponics

-General Hydroponics

-Other Major & Niche Players

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Table of Content

PEST

Key Policies & Government Incentives

Key Performance Indicators

1.Executive Summary

2.Methodology

2.1. Research Methodology

2.2. Geographic Scope

2.3. Years Considered

3.Market Overview

3.1. Overview and Definition

3.1.1. Market Definition

3.1.2. Geographic Regions Definition

3.1.3. Hydroponic Products Definition

3.1.4. Hydroponic Systems Definition

3.1.5. Hydroponic Crops Definition

3.2. Industry Development

3.3. Global Market Maturity

3.4. Porter’s Five Force Analysis

3.5. Industry Value Chain Analysis

4.Hydroponic Crop Price Analysis 2018

5.Competitive Landscape

5.1. Global Hydroponics Market 2018

5.1.1. Global Hydroponics Market Share by Company 2018

6.Growth Drivers & Barriers in Global Hyrdoponics Market

7.Trends in Global Hydroponics Market

8.Supply by Region

8.1. Global Hydroponics Revenue by Region

9.Global Hydroponics Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

10.Global Hyrdoponics Market Segmentation Analysis, by Product

10.1. Introduction

10.2. BPS Analysis by Product

10.3. Market Attractiveness by Product

10.4. Growing Chamber Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

10.5. Pump & Tubing Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

10.6. Growing LED Lights Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

10.7. HVAC Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

10.8. Growing Supplies Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

10.9. Controlling Equipment Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

10.10. Reservoir Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

10.11. Accessories Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

11.Global Hyrdoponics Market Segmentation Analysis, by System

11.1. Introduction

11.2. BPS Analysis by System

11.3. Market Attractiveness by System

11.4. Aggregate Hydroponic System Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

11.4.1. Closed Systems Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

11.4.2. Open Systems Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

11.5. Liquid Hydroponics System Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

11.5.1. Nutrient Film Technique (NFT) Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

11.5.2. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

12.Global Hyrdoponics Market Segmentation Analysis, by Crop

12.1. Introduction

12.2. BPS Analysis by Crop

12.3. Market Attractiveness by Crop

12.4. Lettuce Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

12.5. Microgreens Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

12.6. Medical Marijuana Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

12.7. Tomatoes Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

12.8. Herbs Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

12.9. Pepper Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

12.10. Cucumber Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

12.11. Others Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

13.Geographical Analysis 

13.1. North America Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

13.1.1. By Product

13.1.1.1. Introduction

13.1.1.2. BPS Analysis by Product

13.1.1.3. Market Attractiveness by Product

13.1.1.4. Growing Chamber Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

13.1.1.5. Pump & Tubing Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

13.1.1.6. Growing LED Lights Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

13.1.1.7. HVAC Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

13.1.1.8. Growing Supplies Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

13.1.1.9. Controlling Equipment Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

13.1.1.10. Reservoir Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

13.1.1.11. Accessories Market Value (USD Million) Forecast & Y-o-Y Growth Analysis (%), 2018-2024

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