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Hydroponics Market by Equipment, Type, Crop Type, & by Input Type - Global Trends & Forecasts to 2020

Hydroponics Market: Forecasts until 2020

  • February 2016
  • 148 pages
  • ID: 3629275
In this report:
Hence, it is expected to be the fastest-growing segment for hydroponic smart greenhouses in Europe, at a CAGR of ##.##% from 2015 to 2020.
New product launches is adopted by companies in the hydroponics market and accounted for ##% of the total market growth strategies.
In 2014, the market share held by Europe for hydroponics was around ##% and it is expected to grow further at a CAGR of ##.##% from 2015 to 2020.


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"Hydroponics market forecasted to grow at a compound annual growth rate (CAGR) of 16.80 percent"

The overall hydroponics market is estimated to grow $395.20M by 2020. In 2015, Europe (EU) is forecasted to be the biggest market for hydroponics. North America continent is forecasted to be the quickest developing market for hydroponics during the outlook period. The industry is mainly driven by factors such as higher yields compared to traditional agriculture and the lack of arable land and unfavorable climatic conditions for agriculture.

"HVAC recorded for the largest portion of market share in 2014"

Among the equipment used in hydroponics, that is, HVAC, LED grow lights, communication technologies, irrigation systems, material handling, control systems, and others, HVAC recorded for the largest part of market share, succeeded by LED grow lights, in 2014. HVAC controled the sector as heating, ventilation, and air-conditioning are the main elements required to create a controlled environment for hydroponic cultivation.

"Aggregate hydroponic systems lead the industry with the biggest share"

On the basis of class, the hydroponics market is led by the aggregate hydroponic systems segment, succeeded by the liquid hydroponic systems segment. The aggregate hydroponic systems dominate the sector as they consist of the more important used hydroponic systems such as the water culture system, the ebb and flow system, drip systems, and the wick system

"Nutrients recorded for the maximum market share in 2014"

Among the input types such as nutrients and increase media, nutrient recorded for the biggest market share, succeeded by increase media, in 2014. There are two main types of nutrients used in hydroponics: micronutrients and macronutrients. Macronutrients recorded for the majority of the share of nutrients used in hydroponic systems.

- By Company Type: Tier 1 - 25.0 percent, Tier 2 - 20.0 percent, and 1/3 3 - 55.0 percent

- By Description: C-suite - 25.0 percent and Grade of manager - 75.0 percent

- By area: North america (NA) - 2.0 percent, Europe - 10.0 percent, Asia-Pacific - 83.0 percent, and rest of the world - 5.0 percent

Leading players including Argus Control Systems, Koninklijke Philips NV, Greentech Agro LLC, Logiqs B.V., and Lumigrow, Incorporated have been described in the market research. Other actors contain American Hydroponics, Heliospectra, Hydrodynamics International, Incorporated, General Hydroponics, Incorporated, and Hydrofarm, Incorporated.

Why acquiring this study can help you:

- To get a comprehensive overview of the overall hydroponics market

- To benefit wide-ranging information about the top actors in this market, their products review, and top strategies approved

- To benefit business insights into the main countries/localities in which the hydroponics market is prospering

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