Hydroponics Market
                     Hydroponics Market Insights, Size, Share, Opportunity Analysis, and Industry Forecast till 
2025
Hydroponics is the method of growing plants without using soil or soil-less gardening using 
important nutrients in a mineral rich water solution. 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.
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.
The hydroponics market was valued at US$ 231.81 Million in 2016 globally and is expected to 
expand at a CAGR of 10.53% in terms of revenue during 2017 – 2025.
 
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Market Dynamics
The hydroponics market is expected to be dominated by Europe.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.
Competitive Section: 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.).
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