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The global Hydroponics System market was valued at US$ 27490 million in 2022 and is projected to reach US$ 37480 million by 2029, at a CAGR of 4.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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 aims to provide a comprehensive presentation of the global market for Hydroponics System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Hydroponics System. This report contains market size and forecasts of Hydroponics System in global, including the following market information:

• Global Hydroponics System Market Revenue, 2018-2023, 2024-2029, ($ millions)
• Global top five companies in 2022 (%)

The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Commercial Type Segment to Reach $ Million by 2029, 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 2022, 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, 2018-2023, 2024-2029 ($ millions)
Global Hydroponics System Market Segment Percentages, by Type, 2022 (%)

• Commercial Type
• Household Type

Global Hydroponics System Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Hydroponics System Market Segment Percentages, by Application, 2022 (%)

• Vegetables
• Fruit
• Flowers
• Others

Global Hydroponics System Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Hydroponics System Market Segment Percentages, By Region and Country, 2022 (%)

• North America
• US
• Canada
• Mexico
• Europe
• Germany
• France
• U.K.
• Italy
• Russia
• Nordic Countries
• Benelux
• Rest of Europe
• Asia
• China
• Japan
• South Korea
• Southeast Asia
• India
• Rest of Asia
• South America
• Brazil
• Argentina
• Rest of South America
• Middle East & Africa
• Turkey
• Israel
• Saudi Arabia
• UAE
• Rest of Middle East & Africa

Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Hydroponics System revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Hydroponics System revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:

• Scotts Miracle-Gro
• Mitsubishi Chemical
• Freight Farms
• AmHydro
• Viscon
• Plenty
• Aurora Cannabis
• Argus Controls
• Lumigrow
• Philips
• Heliospectra
• Logiqs
• Iron Ox
• Greentech Agro
• Thrive Agritech
• Urban Farmers Pro

Outline of Major Chapters:

• Chapter 1: Introduces the definition of Hydroponics System, market overview.
• Chapter 2: Global Hydroponics System market size in revenue.
• Chapter 3: Detailed analysis of Hydroponics System company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
• Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
• Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
• Chapter 6: Sales of Hydroponics System in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
• Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
• Chapter 8: The main points and conclusions of the report.