Global Hydroponics Market Size was valued nearly USD 23.94 billion by 2018 and is estimated to reach up to USD xx.xx billion by 2025. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 6.1% during the forecast period, i.e. 2017-2025. The market majorly driven by experiencing a higher growth, increasing need for food security, and growing focus on the cultivation of medicinal plants and customized farming approach is anticipated to offer new growth opportunity for the market. In 2017, Europe market is estimated to hold the largest share in the geographic segment during the forecast period.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global hydroponics market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global hydroponics market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.   

Global Hydroponics Market Study Objective

1. To forecast the market size of hydroponics market, along with describing and defining the market, in terms of volume and revenue.

2. Market analysis and forecast of hydroponics market on the basis of region, substrate and application or end-use industry.

3. To analyze and elaborate significant factors that will have major impact on the growth of hydroponics market, such as drivers, restraints, challenges and opportunities.

4. Regional analysis of hydroponics market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa and Asia Pacific.

5. Strategic analysis of micromarkets, in terms of individual prospects, opportunities, growth trends and their involvement in overall market.

6. To provide detailed analysis of competitive and strategic developments in the hydroponics market like new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

7. Analysis of market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

8. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

Bottom-up and top-down are two main approaches that were taken into account to anticipate and validate the market size of hydroponics market, and to reach the anticipated market size of several dependent submarkets. The research and study involved massive utilization of secondary data sources, several directories, private and government websites, and authentic databases, to collect or gather market-oriented as well as technical information for the study of hydroponics market commercially.

Regional Analysis

Based on regional analysis, the global hydroponics market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific - India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. In 2017, Europe held the largest share of the hydroponics market and is projected to grow at the highest CAGR rate during the forecast period that is 2018 to 2025, followed by North America. The major vegetable and fruit crops that are grown using hydroponics in European countries include cucumber, tomatoes, roses, and peppers among others.

Global Hydroponics Market Size, Share Analysis By Region 2017

Key Players

The major kay players in the agriculture robots market which will contribute healthy growth in regional and global market over the forecast period that key players are Thanet Earth, Pegasus Agritech, Growlife, Lumigrow, Inc., Koninklijke Philips NV, Hydrodynamics International, Inc., General Hydroponics, Inc., Circle Fresh Farms, KUBO Greenhouse Projects, and HortiMaX. Other players include Terra Tech, James foskett farms, Valoya, Village farms international, FormFlex, Hydrofarm, Inc., Logiqs B.V., BrightFarms, American Hydroponics, Inc., Greentech Agro, Llc, Argus Controls, Heliospectra AB, and FormFlex.  

 Global Hydroponics Market Study Report Offer You!

The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.