Hydroponics Market – Industry Trends and Forecast to 2028

Global Hydroponics Market, By Type (Aggregate Systems, Liquid Hydroponic Systems), Equipment (HVAC, LED Grow Light, Control System, Irrigation System, Material Handling, Others), Crop Type (Vegetables, Fruits, Flowers, Others), Input (Nutrients, Grow Media), Country (U.S., copyright, Mexico, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Chile, Rest of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.

The global hydroponics market size was valued at USD 5.34 billion in 2023, is projected to reach USD 8.19 billion by 2031, with a CAGR of 5.50% during the forecast period 2024 to 2031.

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**Segments**

- **Type**: The hydroponics market can be segmented based on type into liquid hydroponic systems and aggregate hydroponic systems. Liquid hydroponic systems involve the use of nutrient-rich liquid solutions to provide essential nutrients directly to the plant roots, while aggregate hydroponic systems use inert mediums like perlite or gravel for plant support.
- **Crop Type**: Segmentation by crop type includes fruits, vegetables, herbs, and others. Fruits such as strawberries and tomatoes, vegetables including lettuce and peppers, and aromatic herbs are commonly grown using hydroponic systems.
- **Equipment**: The market can also be segmented by equipment, including HVAC (heating, ventilation, and air conditioning) systems, LED grow lights, irrigation systems, control systems, and other accessories that are essential for the successful implementation of hydroponic farming.

**Market Players**

- **Signify Holdings**: Signify offers Philips GreenPower LED solutions for horticulture, which are widely used in hydroponic setups to provide optimal lighting conditions for plant growth.
- **Argus Control Systems**: Argus provides advanced control systems for climate, irrigation, and nutrient management in hydroponic facilities, ensuring precise monitoring and adjustments for maximum crop yield.
- **Heliospectra AB**: Heliospectra specializes in intelligent lighting technology for greenhouse and controlled environment agriculture, catering to the specific lighting needs of hydroponic crops.
- **Hydrofarm**: Hydrofarm offers a wide range of hydroponic equipment and supplies, including grow lights, nutrients, growing systems, and accessories for hobbyists and commercial growers.
- **Lumigrow**: Lumigrow designs and manufactures smart LED lighting solutions for indoor farming, including hydroponic applications, to optimize plant growth and energy efficiency.

https://www.databridgemarketresearch.com/reports/global-hydroponics-marketThe global hydroponics market is poised for significant growth in the coming years, driven by various factors such as the rising demand for fresh and pesticide-free produce, increasing adoption of sustainable farming practices, and technological advancements in indoor agriculture. One of the key trends shaping the market is the growing popularity of vertical farming systems, which allow for efficient utilization of space and resources while enabling year-round crop production. Vertical farming also offers benefits such as higher yields, reduced water usage, and protection against environmental factors, thereby attracting investments from both large corporations and small-scale growers.

Another notable trend in the hydroponics market is the integration of automation and artificial intelligence (AI) technologies to streamline operations and optimize crop cultivation. Automated systems for monitoring environmental conditions, nutrient levels, and plant growth parameters enable growers to achieve precision farming and make real-time adjustments for better yield outcomes. AI algorithms can analyze data from sensors and provide insights on optimal growing conditions, contributing to enhanced productivity and resource efficiency in hydroponic operations.

The increasing consumer preference for locally grown and organic produce is driving the demand for hydroponically cultivated fruits, vegetables, and herbs in urban markets. Hydroponic farming offers the advantage of eliminating soil-borne diseases, reducing water consumption, and enabling controlled nutrient delivery to plants, resulting in higher-quality crops with shorter time-to-harvest cycles. As sustainability and food security remain key concerns globally, hydroponics presents a viable solution for meeting the growing needs of urban populations while minimizing the environmental impact of food production.

Furthermore, government initiatives to promote greenhouse farming and indoor agriculture as a means to enhance food security and reduce reliance on imports are expected to boost the growth of the hydroponics market. Subsidies, grants, and supportive policies aimed at incentivizing farmers to adopt advanced cultivation technologies like hydroponics are creating opportunities for market expansion and industry collaborations. By fostering research and development in hydroponic systems, governments can contribute to the evolution of innovative techniques and practices that address food supply challenges in a sustainable**Segments**

- **Type**: The hydroponics market is segmented into liquid hydroponic systems and aggregate hydroponic systems. Liquid systems use nutrient-rich solutions directly at plant roots, while aggregate systems utilize inert mediums for plant support.
- **Crop Type**: Fruits, vegetables, herbs, and others are key segments in hydroponics. Popular crops include strawberries, tomatoes, lettuce, peppers, and aromatic herbs.
- **Equipment**: Segmentation by equipment includes HVAC systems, LED grow lights, irrigation systems, control systems, and other essential accessories for successful hydroponic farming.

**Market Players**

- Signify Holdings offers Philips GreenPower LED solutions for optimal lighting conditions in hydroponic setups.
- Argus Control Systems provides advanced control systems for climate, irrigation, and nutrient management in hydroponic facilities.
- Heliospectra AB specializes in intelligent lighting technology catering to the specific needs of hydroponic crops.
- Hydrofarm offers a wide range of hydroponic equipment and supplies for hobbyists and commercial growers.
- Lumigrow designs smart LED lighting solutions for indoor farming, including hydroponic applications, to optimize plant growth and energy efficiency.

The global hydroponics market is witnessing significant growth due to increasing demand for fresh, pesticide-free produce, growing adoption of sustainable farming practices, and technological advancements in indoor agriculture. The trend of vertical farming is gaining traction for its efficient space utilization, year-round crop production, higher yields, reduced water usage, and protection against environmental

 

Table of Contents: Hydroponics Market

1 Introduction

2 Global Hydroponics Market Segmentation

3 Executive Summary

4 Premium Insight

5 Market Overview

6 Hydroponics Market, by Product Type

7 Hydroponics Market, by Modality

8 Hydroponics Market, by Type

9 Hydroponics Market, by Mode

10 Hydroponics Market, by End User

12 Hydroponics Market, by Geography

12 Hydroponics Market, Company Landscape

13 Swot Analysis

14 Company Profiles

Countries Studied:

1. North America (Argentina, Brazil, copyright, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
2. Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
3. Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
4. Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Objectives of the Report

• To carefully analyze and forecast the size of the Hydroponics market by value and volume.
• To estimate the market shares of major segments of the Hydroponics
• To showcase the development of the Hydroponics market in different parts of the world.
• To analyze and study micro-markets in terms of their contributions to the Hydroponics market, their prospects, and individual growth trends.
• To offer precise and useful details about factors affecting the growth of the Hydroponics
• To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Hydroponics market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.

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