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(IndustryNews247.Com, March 23, 2020 ) Market Overview
The global hydroponics market is set to increase at a CAGR of 6.26% during the forecast period 2019-2026.
Hydroponics, a subset of hydroculture, is a method of growing plants without soil, using mineral nutrient solutions in a water solvent.
The Indian Market for hydroponics would grow in the forecast period.
Factors like depleting water resources, gradually decreasing land under cultivation and reduction in fertility of soil, etc., are raising the need to invent innovative and fruitful methods of cultivation. Hydroponics is one such revolutionary method of farming.
Market Demand Factors
The possibility of obtaining more products in less time
The possibility of growing plants more densely
Balanced supply of air water and nutrients
Zero use of electricity
Disease resistant products
Elimination of Soil-borne pests (fungi) and diseases.
Reduced turnaround time between planting etc., are helping the growth of the global Hydroponics market.
Americas take a major share of the global Hydroponics market, followed by Europe and APAC.
The Global Hydroponics Market is segmented into the following categories based on different criteria:
Based on Type
Liquid Hydroponic Systems
Aggregate Hydroponic System (Open systems and closed systems )
Based on Crop Type
Lettuce & Leafy Vegetables
Based on Equipment Type
LED Grow Light
Air Conditioning (HVAC)
Based on Geography
View full report: https://www.datamintelligence.com/research-report/hydroponics-market
Scope of the Report
The report covers the factors impacting the market, Porter 5 Forces, Market Share Analysis, Price trend analysis, Product Benchmarking, and company profiles.
The report also profiles the leading companies of global hydroponics market including AMC-Produce Inc., American Hydroponics, Inc., Argus Control Systems Ltd., BetterGrow Hydro, Eurofresh Farms, General Hydroponics, Inc., Greentech Agro, Llc, Heliospectra AB, Hydrodynamics International, Inc., Hydrofarm, Inc., HydroWholesale Inc, Koninklijke Philips NV, Logiqs B.V., Lumigrow, Inc., and Village Farms International.
Download free sample: https://www.datamintelligence.com/download-sample/hydroponics-market
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