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Hydroponics Market Size is Projected to Reach USD 17,053.72 Million by 2025 - Valuates Reports

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Valuates Reports

08 Sep, 2020, 14:30 GMT

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BANGALORE, India, Sept. 8, 2020 /PRNewswire/ -- The Global Hydroponics Market size is expected to grow from USD 7,892.43 Million in 2019 to USD 17,053.72 Million by 2025 at a CAGR of 13.70%.

COVID-19 IMPACT ON HYDROPONICS MARKET SIZE

The rate of adoption of hydroponic farming systems is expected to rise dramatically due to the COVID-19 outbreak. During the initial phases of the pandemic outbreak, the agriculture industry was facing difficulties. There was a huge shortage of labor on the farm; some farmers missed their window of opportunity to harvest seasonal crops, dropping prices of agricultural products, and logistics chaos. Many countries have realized their over-reliance on food material imports and thus started to emphasize local and export supplies.

Get Detailed Analysis of COVID-19 Impact on Hydroponics Market :

https://reports.valuates.com/request/sample/360I-Auto-2S241/The_Global_Hydroponics_Market

TRENDS INFLUENCING THE HYDROPONICS MARKET SIZE

The yield of plants grown in hydroponic systems was 20% -25% higher than conventional farming systems, with productivity 2-5 times higher. This higher yield capacity is expected to drive the Hydroponics market size during the forecast period.

The rising investments from both government and private entities are expected to fuel the Hydroponics market size. Many businesses on the market are investing heavily in R & D to obtain state-of-the-art innovations that can improve productivity and bring about a number of potential cultivations.

The rising customer awareness about consuming fresh vegetables will increase the growth of the Hydroponics market size. Demand for exotic fruits and vegetables has been growing steadily at a higher pace because of increased consumer buying power. As most of these products are imported, the cost of these exotic products is high. Thus many research institutions and universities are focused on developing more streamlined hydroponic systems to increase the production of exotic fruits and vegetables and meet the growing demand.

Providers of Hydroponics farming systems give customers different ways to track and control their crops with various sensors and smartphone applications. The advanced approach of using IoT allows for automated and remote collection of data. These technological advancements are, in turn, expected to increase the growth of the hydroponics market size during the forecast period.

High capital investment for the system's initial set up is a major factor that can hinder the growth of the hydroponics market size.

View Full Report: https://reports.valuates.com/market-reports/360I-Auto-2S241/the-global-hydroponics

HYDROPONICS MARKET SHARE ANALYSIS

Europe is expected to hold the largest hydroponics market share during the forecast period. This is due to the increasing adoption of hydroponics and vertical farming systems.

Based on type, the liquid sub-segment is estimated to account for the highest hydroponics market share. This is due to the low cost involved since all liquid systems run in a closed mode. Liquid systems also demonstrate higher efficiency compared with the closed model of aggregate systems.

Inquire for Regional Report: https://reports.valuates.com/request/regional/360I-Auto-2S241/The_Global_Hydroponics_Market

HYDROPONICS MARKET SEGMENTATION

Based on Type, the Hydroponics Market studied across

  • Aggregate Systems
  • Liquid Systems.

Based on Crop Type, the Hydroponics Market studied across

  • Flowers,
  • Fruits,
  • Vegetables.

Based on Equipment, the Hydroponics Market studied across

  • Control Systems,
  • HVAC,
  • Irrigation Systems,
  • LED Grow Light,
  • Material Handling.

Key Players

The report deeply explores the recent significant developments by the leading vendors and innovation profiles in the Global Hydroponics Market including

  • American Hydroponics, Inc.,
  • Argus Controls,
  • Bright Farms,
  • Circle Fresh Farms,
  • Hydrofarm, Inc
  • Others

THE REPORT ANSWER QUESTIONS SUCH AS:

  1. What is the market size and forecast of the Global Hydroponics Market?
  2. What are the inhibiting factors and impact of COVID-19 shaping the Global Hydroponics Market during the forecast period?
  3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Hydroponics Market?
  4. What is the competitive strategic window for opportunities in the Global Hydroponics Market?
  5. What are the technology trends and regulatory frameworks in the Global Hydroponics Market?
  6. What are the modes and strategic moves considered suitable for entering the Global Hydroponics Market?

Buy Now for Single User: https://reports.valuates.com/api/directpaytoken?rcode=360I-Auto-2S241&lic=single-user

Buy Now for Enterprise User: https://reports.valuates.com/api/directpaytoken?rcode=360I-Auto-2S241&lic=enterprise-user

SIMILAR REPORTS :

  • Aquaponics Market

Technological innovation, increased investment by key stakeholders, and increased demand for organic products in Europe and North American are expected to increase the growth of the Aquaponics Market size.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-6187/global-aquaponics

  • Hydroponics Technologies Market

View Full Report: https://reports.valuates.com/market-reports/QYRE-Othe-0E309/hydroponics-technologies

  • Active Hydroponics Systems Market

VIew Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-19I826/global-active-hydroponics-systems

  • Passive Hydroponics Systems Market

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-20M633/global-passive-hydroponics-systems

  • Aquaponics Hydroponics Systems Market

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-6L1247/global-aquaponics-hydroponics-systems-equipment

  • Hydroponics System Market

The Global Hydroponics System Market size is expected to grow from USD 7,761.91 Million in 2019 to USD 15,220.19 Million by the end of 2025 at a Compound Annual Growth Rate (CAGR) of 11.87%.

View Full Report: https://reports.valuates.com/market-reports/360I-Auto-2S242/the-global-hydroponics-system

ABOUT US:

Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs. 

Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that's why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.

To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains detail research methodology employed to generate the report, Please also reach to our sales team to get the complete list of our data sources

CONTACT US:

Valuates Reports
sales@valuates.com 
For U.S. Toll-Free Call  1-(315)-215-3225
For IST Call  +91-8040957137
WhatsApp : +91-9945648335
Website: https://reports.valuates.com

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