Global Hydroponics Technologies | Market Synopsis & Forecast – 2024 – iCrowdNewswire
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Oct 9, 2019 4:46 PM ET

Global Hydroponics Technologies | Market Synopsis & Forecast – 2024


Global Hydroponics Technologies | Market Synopsis & Forecast – 2024

iCrowd Newswire - Oct 9, 2019

WiseGuyRerports.com Presents “Global Hydroponics Technologies Market Report 2018” New Document to its Studies Database

Hydroponics technologies include some of the advanced procedures of growing plants by adding mineral nutrient solutions in gravel, sand, or liquid, without utilizing soil. Hydroponics refers to one of the most modern branches of agriculture where plants and crops are grown without the use of soil. The essential nutrients that are required to grow the plant are simply dissolved into the water, and depending on the category of the hydroponic system used, the plant’s roots are suspended in the nutrient solution, so that the plant can consume the vital elements that it requires for growth. Hydroponics is an efficient, environmentally-friendly and productive technology.

Hydroponics technologies have been promoted by the numerous governmental and agricultural organizations across the globe, for its advantages in terms of cost-effectiveness, food security, and increased crop yield. However, this technology is still considered expensive for farmers working in emerging countries. Also, the people in developing regions are not aware of the use and benefits of hydroponics technologies, which may impede the market growth. Nevertheless, the prominent market players operating in the agriculture industry are focusing on improving their R&D activities in order to develop some kind of solution to reduce the cost involved in employing this technology.

Factors like increasing consumption of salads and exotic vegetables, rising emphasis on food security, and the modern trend of in-house farming & organic farming are expected to drive the demand for advanced hydroponics technology. The global population is expanding exponentially. Providing food to this constantly growing population has become a major global threat. Further, the factors like shrinking agricultural land and a high degree of crop losses due to pests are making the situation worse. In order to fulfill the rising food demands, agricultural and government organizations are encouraging consumers and farmers to use hydroponics technologies. The solution utilizes land space more efficiently.

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Market Segmentation

The global hydroponics technologies market can be analyzed on the basis of major product types, crucial applications, the prominent market players, and regional markets. 

Major product types-

Major applications-

The hydroponic systems can be classified into two types- aggregate hydroponic systems and liquid hydroponic systems. The aggregate hydroponic systems can further be classified into closed systems and open systems. 

Hydroponics technologies can be effectively used to grow numerous kinds of crops including Lettuce & Leafy Vegetables, tomatoes, pepper, cucumber, microgreens, and other organic plants.

Regional Analysis

Based on geography, the global hydroponic technologies market can be segmented into North America, Europe, Asia Pacific, South America, and the Middle East and Africa. Traditionally, Europe was considered as the largest market for hydroponics. The agricultural experts in Europe are focusing on enforcing advanced techniques in hydroponic smart greenhouse horticulture. Netherlands, Spain, and France are the major regions contributing to the growth of the European hydroponics technology market. Holland is the most successful producer of hydroponics crops. The main fruit and vegetable crops that are cultivated using hydroponic technologies in the European region include tomatoes, cucumber, roses, and peppers. As the consumers are getting aware of the benefits associated with hydroponic crop cultivation, the demand for this advanced technique is gradually increasing.

Important Facts

HydroBot, an automated hydroponic system is all set to hit the international markets. It as an advanced Robotics system that is developed using Arduino Leonardo microcontroller and a Raspberry Pi Zero. The HydroBot system was designed and implemented by Max Knight and Scott Paterson. HydroBot is considered as the world’s first and most successful open-source and automated hydroponic system. HydroBot is designed in a way that it will seamlessly operate with any hydroponics, aeroponics, and fogponics system. It will help farmers to grow crops using cost-effective and simple techniques.

 

Complete Report Details @ https://www.wiseguyreports.com/reports/3378945-global-hydroponics-technologies-market-report-2018                            

 

Table Of Content:     

1 Report Overview 

2 Global Growth Trends 

3 Market Share by Key Players 

4 Breakdown Data by Type and Application 

5 United States 

6 Europe 

7 China 

8 Japan 

9 Southeast Asia 

10 India 

11 Central & South America 

12 International Players Profiles 

13 Market Forecast 2019-2025 

14 Analyst’s Viewpoints/Conclusions

 



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