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Report overview
Hydroponics is a method of growing plants in a water based, nutrient rich solution. Hydroponics does not use soil, instead the root system is supported using an inert medium such as perlite, rockwool, clay pellets, peat moss, or vermiculite.
This report contains market size and forecasts of Hydroponics System in Global, including the following market information:
Global Hydroponics System Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Hydroponics System market was valued at 27490 million in 2021 and is projected to reach US$ 37480 million by 2028, at a CAGR of 4.5% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Commercial Type Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Hydroponics System include Scotts Miracle-Gro, Mitsubishi Chemical, Freight Farms, AmHydro, Viscon, Plenty, Aurora Cannabis, Argus Controls and Lumigrow, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Hydroponics System companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Hydroponics System Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Hydroponics System Market Segment Percentages, by Type, 2021 (%)
Global Hydroponics System Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Hydroponics System Market Segment Percentages, by Application, 2021 (%)
Global Hydroponics System Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Hydroponics System Market Segment Percentages, By Region and Country, 2021 (%)
Competitor Analysis
The report also provides analysis of leading market participants including:
Further, the report presents profiles of competitors in the market, key players include: