Hydroponics Market, by Equipment (HVAC, LED grow light, Communication technology, Irrigation systems, Material handling, Control systems, others), Type (Aggregate & Liquid), Crop Type (Tomato, Lettuce & Leafy greens, Cucumber, Pepper, Strawberry, Others), Input Type (Nutrients, Growth medium) – Global Revenue, Trends, Growth, Share, Size, and Forecast to 2022
Chicago, IL -- (SBWIRE) -- 08/11/2017 -- The science of soil-less gardening is known as hydroponics. With the help of hydroponics process, plants can be grown using sand, gravel, or even liquid, which is been added with nutrients and minerals necessary for the growth of the plants. It offers medium for the farmers to grow crops even in areas which do not have fertile soil. Moreover, when the plants are offered the essential nutrients, in a suitable medium and in an appropriate quantity, they can grow organically under natural conditions without the need for pesticides, or chemical agents for ripening purpose. This increases nutritional composition of vegetable products. Hydroponics system can be of two types – liquid and aggregate. While the liquid system does not offer any supporting medium to the crops, the aggregate system provides a strong support medium for the crops to grow. This report studies the current and future aspects of hydroponics market.
The report on the global Hydroponics market uses the top-down and bottom-up approaches to define, analyze, and describe the market trends for the next five years. The report also tracks the emerging applications, innovative technologies, and mergers & acquisitions. It also focuses on the growth drivers and restraints for the key market players during the forecast period.
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The hydroponics market is divided into five major geographical segments which are North America, Europe, Asia-Pacific, Middle East & Africa and Latin America. Europe region holds the highest market share and is the largest revenue contributor of the hydroponics market. The region is estimated to continue growing because of the availability of advanced techniques used in hydroponic smart greenhouse horticulture. Some countries in the Europe region have large greenhouse cultivation areas which is a contributing factor favoring the growth of hydroponics market. Next in line is the Asia-Pacific region which is witnessing a fast-paced growth due to increase in population and rise in demand for crop quality and security. The demand for food in developing countries is boosting the hydroponics market.
This report analyzes the hydroponics market by the following segments:
Hydroponic Market, by Equipment
2. LED grow light
3. Communication technology
4. Irrigation systems
5. Material handling
6. Control systems
Hydroponics Market, by Type
1. Aggregate hydroponic systems
2. Liquid hydroponic systems
Hydroponic Market, by Crop Type
2. Lettuce & Leafy greens
Hydroponic Market, by Input Type
2. Growth medium
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