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Hydroponics Market report categorizes the global market by Equipment (HVAC, Communication Technology, LED Grow Light, Control Systems and others)
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Hydroponics Market- Global Industry Insight, Trends, Outlook, and Opportunity Analysis 2018- 2026 © Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION Hydroponics Market Overview Hydroponics is the method of growing plants without using soil or soil-less gardening using important nutrients in a mineral rich water solution. A plant only needs sunlight, sufficient amount of water, and selected nutrients to grow. Hydroponics farming allows a plant to grow 50% faster than conventional method. It eliminates the need of pesticides and herbicides. In hydroponic gardening, any type of water can be use that can be recycle and re-used, which reduces the need of fresh water and uses less space. Increasing consumption of salad crops and vegetables is expected to boost the growth of hydroponics market during the forecast period. Furthermore, higher yield of hydroponic crops as compare to conventional soil crops, increasing need of food security with increasing population, rise in cultivation of medicinal plants, and environmental friendly techniques are some of the divers for the growth of +hydroponic market. Hydroponic is classified on the basis of equipment such as HVAC (Heating, Ventilation, and Air Conditioning), communication technology, LED grow light, irrigation system, material handling, control systems, and others. HVAC equipment segment accounted for the largest market revenue in hydroponics market, owing to increasing adoption of HVAC systems in hydroponics for basic usage. Hydroponics is also classified on the basis of systems, such as aggregate hydroponic system and liquid hydroponic system. © Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION Detailed Segmentation: Global Hydroponics Market, By Equipment: HVAC Communication technology LED Grow Light Irrigation Systems Material Handling Control Systems Others Global Hydroponics Market, By System Type: Aggregate Hydroponic Systems Closed Systems The Water Culture Systems • • • • • • • • • • Request sample Copy of this Report:https://www.coherentmarketinsights.com/insight/request-sample/1001 © Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION Market Dynamics The hydroponics market is expected to be dominated by Europe. This is mainly attributed to increasing need of food security and higher yield of hydroponic system than conventional soil based crops. In Asia Pacific, the increasing use of commodity prices, increased competition from players, and need to curtail costs are some of the factors fueling the growth of hydroponics market in Asia Pacific region. The players in global hydroponics market are mainly focusing on R&D activities investment and launching of new products. Various mergers, acquisition, joint venture, and agreements are being carried out by the hydroponics players to expand their presence globally. Major Players in the Global Hydroponics Market Some of the key market players in hydroponics are Argus Control System (Canada), Koninklijke Philips NV (The Netherlands), Greentech Agro LLC (U.S.), Biodynamic LLC., General Hydroponics, Inc, Logiqs B.V. (The Netherlands), Lumigrow, Inc. (U.S.), Hydrofarm Inc, Hydrodynamics International Inc, Heliospectra AB, Village Farms International, Inc, Platinum Produce Company and Millennium Pacific Greenhouses Ltd, and Soave Enterprises LLC. To Get Discount on this Report: https://www.coherentmarketinsights.com/insight/request-discount/1001 © Coherent market Insights. All Rights Reserved
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