Global Hydroponics Technologies Market 2020-2024

Global Hydroponics Technologies Market 2020-2024

  • September 2020 •
  • 120 pages •
  • Report ID: 5377701 •
  • Format: PDF
Global Hydroponics Technologies Market 2020-2024
The analyst has been monitoring the hydroponics technologies market and it is poised to grow by USD 450.18 mn during 2020-2024 progressing at a CAGR of 15% during the forecast period. Our reports on hydroponics technologies market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the facilitation in soil and space saving, the need for reduction in soil and water pollution and an increase in the offering of certified products. In addition, facilitation in soil and space saving is anticipated to boost the growth of the market as well.
The hydroponics technologies market analysis includes technology segment and geographical landscapes

The hydroponics technologies market is segmented as below:
By Technology
• Grow lights
• Farm management systems
• Material handling systems

By Geographic Landscapes
• Europe
• North America
• South America

This study identifies the increase in offering of advanced hydroponic growing systems as one of the prime reasons driving the hydroponics technologies market growth during the next few years. Also, launch of energy-efficient LED grow lights and increase in use of automation in hydroponic technologies will lead to sizable demand in the market.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our hydroponics technologies market covers the following areas:
• Hydroponics technologies market sizing
• Hydroponics technologies market forecast
• Hydroponics technologies market industry analysis