New York, January 29, 2021 (GLOBE NEWSWIRE) – Reportlinker.com announces the release of the report “Hydroponics Market By Type, Crop Type, Equipment, Input Type, and Region – Global Forecast to 2026”. https://www.reportlinker.com/p03629275/?utm_source=GNW
Smart greenhouses offer different types of covering materials like glass or plastic roof and often glass or plastic walls.
It is an emerging application with high growth potential that uses various technologies such as HVAC systems, LED grow lights, communication technology, irrigation systems, material handling, valves and pumps, and control systems. LED grow lights and HVAC are the major shareholders in the smart greenhouse market.
The growing population and demand for food in developing regions such as the Asia-Pacific region is fueling the growth of the smart greenhouse market. The demand for fresh food in the Middle East presents an opportunity for urban agriculture in the region.
The increasing trend of roof breeding and the increasing population are two main drivers for the market.
By Type, the liquid subtype is forecast to have the largest market share in the Hydroponic Systems market over the forecast period.
Liquid systems are inherently closed systems; The plant roots are exposed to the nutrient solution without any growth medium, and the solution is recycled and reused. Therefore, these systems are most preferred in industrialized countries for crop production and have enormous growth potential in the future.
In addition, systems such as DWC and NFT were investigated for use in hybrid farming, combining aquaculture with hydroponics.
In terms of features, the LED grow lights subtype is expected to be the fastest growing segment in the hydroponic systems market during the forecast period.
The spectrum of light emitted by LED lights has been shown to be effective in stimulating plant growth and is increasingly in demand by hydroponic farmers. Plants like tomatoes, lettuce, spinach, kale, strawberries, peppers, beets and other vegetables can be grown with LED grow lights.
The increasing acceptance and demand for LED grow lights has led to older and inefficient halogen systems being banned in the European Union from September 2018. These factors are expected to further drive demand for LED grow lights.
In terms of inputs, the nutrients subsegment is expected to dominate the hydroponic inputs market during the forecast period.
Nutrients are used in both aggregate and liquid hydroponic systems. Different types of nutrients are required to formulate the nutrient solution.
Nitrogen and potassium are the two most important nutrients needed for healthy plant growth, with the plants needing more nitrogen. In addition, growers’ increasing focus on growing crops is driving the growth in the market for potassium-based nutrients in hydroponics.
By crop type, the vegetable segment is expected to dominate the hydroponic plants market during the forecast period.
Hydroponically grown vegetables are known to grow faster and stronger than traditional agriculture because the right nutrients are delivered directly to the roots of the plant. The requirements for growing vegetables indoors in a hydroponic unit can be met with the help of light and air ventilation and circulation systems as well as the right nutrients for the water.
It is known that hydroponically grown plants retain their full nutritional value and are equal to or in certain cases superior to conventionally grown vegetables. The increasing demand for fresh vegetables in both developed and developing countries is driving the vegetable segment in the hydroponic market.
Separation of the primaries
• By type of company: Tier 20%, Tier 2 – 40% and Tier – 40%
• By designation: C-Level – 30%, D-Level – 20% and others * – 50%
• By region: America – 20%, Europe – 40%, Asia-Pacific – 30%, Rest of the World (RoW) ** – 10%.
* Others include sales managers, marketing managers, system builders product managers, and hydroponics.
** RoW includes South Africa, Israel, the United Arab Emirates and other countries in the rest of the world.
Leading players in this report
• Identify holdings (Netherlands)
• Heliospectra AB (Sweden)
• Scotts Miracle Gro (USA)
• Argus Control Systems (Canada)
• Logiqs BV (Netherlands)
• Lumigrow (USA)
• Hydroponic System International (Spain)
• Hydrodynamics International (USA)
• American Hydroponics (USA)
• Advanced Nutrients (USA)
• Emrald Harvest (USA)
• Vitalink (Great Britain)
• Rough (USA)
• Aerofarms (US)
• Terra Tech Corp (USA)
• Triton Foodworks Pvt Ltd (India)
• Frieght Farms (USA)
• Green Sense Farms (USA)
• Emirates Hydroponic Farms (Dubai)
• Gotham Greens (USA)
• Natural wonders (India)
• Light farms (USA)
• SproutsIO (US)
• InFarm (Germany)
• Badia Farms (Dubai)
This report segments the Hydroponics Market by Type, Equipment, Inputs and Crop Types and Region. In terms of insights, this research report focuses on various levels of analysis – competitive landscape, end-use analysis, and company profiles – which together encompass and discuss the fundamental views on the emerging and high-growth segments of the hydroponics market, the high – growth regions, countries, government initiatives, market disruptions, drivers, Limitations, opportunities and challenges.
Reasons To Buy This Report
• To get a comprehensive overview of the hydroponic market
• To obtain comprehensive information about the top players in this industry, their product portfolios and the key strategies they are pursuing
• Gain insight into the key countries / regions where the hydroponic market is thriving
Read the full report: https://www.reportlinker.com/p03629275/?utm_source=GNW
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