1 INTRODUCTION 23
1.1 OBJECTIVES OF THE STUDY 23
1.2 MARKET DEFINITION 24
1.3 STUDY SCOPE 24
FIGURE 1 HYDROPONICS MARKET SEGMENTATION 25
1.3.1 REGIONAL SEGMENTATION 26
1.3.2 PERIODIZATION CONSIDERED 26
1.4 CURRENCY CONSIDERED 27
TABLE 1 USD EXCHANGE RATE, 2014-2019 27
1.5 STAKEHOLDERS 27

2 RESEARCH METHODOLOGY 28
2.1 RESEARCH DATA 28
FIGURE 2 HYDROPONICS MARKET: RESEARCH DESIGN 28
2.1.1 SECONDARY DATA 29
2.1.1.1 Key data from secondary sources 29
2.1.2 PRIMARY DATA 29
2.1.2.1 Key industry insights 30
2.1.2.2 Breakdown of primaries 30
2.2 MARKET SIZE ESTIMATION 31
2.2.1 HYDROPONICS MARKET SIZE ESTIMATION, BY CROP TYPE METHOD 32
2.2.2 HYDROPONICS MARKET SIZE ESTIMATION, BY TYPE METHOD 33
2.2.3 HYDROPONICS MARKET SIZE ESTIMATION NOTES 33
2.3 DATA TRIANGULATION 34
FIGURE 3 DATA TRIANGULATION METHODOLOGY 34
2.4 ASSUMPTIONS FOR THE STUDY 35
2.5 LIMITATIONS OF THE STUDY 36

3 EXECUTIVE SUMMARY 37
FIGURE 4 HYDROPONIC SYSTEMS MARKET SIZE, BY TYPE,

2020 VS. 2026 USD MILLION) 38
FIGURE 5 HYDROPONICS MARKET SIZE, BY INPUT, 2020 VS. 2026 (USD MILLION) 39
FIGURE 6 HYDROPONIC CROPS MARKET SIZE, BY CROP TYPE,

2020 VS. 2026 (USD MILLION) 39
FIGURE 7 HYDROPONIC CROP TYPE MARKET: REGIONAL SNAPSHOT (2019) 40

4 PREMIUM INSIGHTS 42
4.1 OPPORTUNITIES IN THE HYDROPONICS MARKET, BY TYPE 42
FIGURE 8 INCREASING ADOPTION OF GREENHOUSE HORTICULTURE SUPPORTS THE GROWTH OF THE HYDROPONICS MARKET 42
4.2 HYDROPONIC SYSTEMS MARKET, BY TYPE 42
FIGURE 9 LIQUID HYDROPONIC SYSTEMS HAVE BEEN GAINING POPULARITY FOR VEGETABLE CULTIVATION 42
4.3 EUROPE: HYDROPONIC CROPS MARKET 43
FIGURE 10 EUROPE: THE NETHERLANDS TO BE ONE OF THE MAJOR CONSUMERS ACROSS THE GLOBE IN 2020 43
4.4 HYDROPONIC INPUTS MARKET, BY REGION 43
FIGURE 11 EUROPE RECORDED THE LARGEST MARKET SHARE IN HYDROPONICS
IN 2020 43
4.5 HYDROPONIC TYPE MARKET, BY KEY COUNTRY 44
FIGURE 12 ASIAN COUNTRIES ARE PROJECTED TO WITNESS HIGH GROWTH DURING THE FORECAST PERIOD 44

5 MARKET OVERVIEW 45
5.1 INTRODUCTION 45
5.2 MACROECONOMIC INDICATORS 45
5.2.1 RISING RATE OF URBANIZATION AND DECLINE IN ARABLE LAND 45
FIGURE 13 PERCENTAGE OF LAND USED FOR AGRICULTURE, 1990-2016 46
FIGURE 14 MOST URBANIZED REGIONS, 2018 46
5.3 MARKET DYNAMICS 47
FIGURE 15 HYDROPONICS MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES,
AND CHALLENGES 47
5.3.1 DRIVERS 47
5.3.1.1 Higher yield as compared to conventional agricultural practices 47
TABLE 2 YIELD OF CROPS: SOIL CULTIVATION VS. HYDROPONICS (LBS/ACRE) 48
5.3.1.2 Controlled environment farming helps eliminate the effect of external factors on crop growth 48
FIGURE 16 HARVESTED AREA OF GREENHOUSE VEGETABLES, 2012-2016 (HA) 49
5.3.1.3 Hydroponic systems help conserve natural resources 50
5.3.1.3.1 Improved yield and higher productivity with limited land resources 50
5.3.1.3.2 Lower water utilization as against conventional farming methods 50
5.3.1.4 Increased demand for cannabis is projected to fuel the demand for hydroponics 50
5.3.2 RESTRAINTS 51
5.3.2.1 High capital investment for large-scale farms 51
5.3.2.2 Lack of government incentives and high prices of hydroponically grown produce dissuading market adoption 52
5.3.3 OPPORTUNITIES 53
5.3.3.1 Growth in popularity of hydroponics to provide high profit margins 53
5.3.3.2 Increasing application of hydroponic systems in restaurants and grocery stores since the COVID-19 pandemic 53
5.3.4 CHALLENGES 54
5.3.4.1 Tapping into the organic food market 54
FIGURE 17 COUNTRIES WITH THE HIGHEST CONSUMPTION OF ORGANIC FOOD PER CAPITA, 2015 (USD) 55
5.3.4.2 Spread of waterborne diseases and algae in closed systems 55
5.3.4.3 Risk of equipment failure and delay in the learning curve among growers resulting in a limited market growth 56
5.4 YC-YCC SHIFT ANALYSIS 56
FIGURE 18 YC-YCC SHIFT: HYDROPONICS MARKET 56
5.5 PRICING ANALYSIS 57
TABLE 3 AVERAGE SELLING PRICE, BY TYPE, 2019-2020 57
5.6 TRADE ANALYSIS 57
TABLE 4 TRADING STATISTICS, 2019-2020 57
5.7 MARKET ECOSYSTEM 58
FIGURE 19 HYDROPONICS MARKET ECOSYSTEM 58
5.8 VALUE CHAIN 58
FIGURE 20 VALUE CHAIN OF THE HYDROPONICS MARKET 58
5.9 TECHNOLOGY ANALYSIS 59
5.10 PORTER'S FIVE FORCES ANALYSIS 59
5.10.1 HYDROPONICS MARKET: PORTER'S FIVE FORCES ANALYSIS 59
5.11 PATENT ANALYSIS 60
FIGURE 21 NUMBER OF PATENTS APPROVED FOR HYDROPONICS, BY KEY COMPANY, 2016-2020 60
FIGURE 22 PATENT APPROVAL FOR HYDROPONICS, BY REGION, 2016-2020 60
FIGURE 23 YEAR-ON-YEAR ANALYSIS OF PATENT APPROVAL FOR HYDROPONICS,
2010-2020 61
TABLE 5 LIST OF IMPORTANT PATENTS FOR HYDROPONICS, 2018-2020 61

6 REGULATIONS 62
6.1 NORTH AMERICA 62
6.2 EUROPE 62
6.3 ASIA PACIFIC 63
6.3.1 INDIA 63
6.3.2 CHINA 63
6.3.3 JAPAN 63

7 CASE STUDY ANALYSIS 64
7.1 CASE STUDIES ON TOP INDUSTRY TRENDS, INNOVATIONS, AND BEST PRACTICES 64
7.1.1 DEVELOPMENT & ESTABLISHMENT OF NEWER TECHNIQUES AND PRODUCTS TO MAKE HYDROPONICS SYSTEM ECONOMIC TO THE FARMERS IN DEVELOPING COUNTRIES 64
7.1.2 MAJORITY OF THE KEY PLAYERS PREVAILING IN THE HYDROPONICS MARKET ARE ADOPTING ORGANIC GROWTH STRATEGIES SUCH AS EXPANSIONS & INVESTMENTS 64
7.1.3 APPLICATIONS FOR RESTAURANTS AND GROCERY STORES APART FROM INDUSTRIAL FARMERS OR AGRICULTURISTS 65

8 HYDROPONICS MARKET, BY TYPE 66
8.1 INTRODUCTION 67
FIGURE 24 HYDROPONICS MARKET SIZE, BY TYPE, 2020 VS. 2026 (USD MILLION) 67
TABLE 6 HYDROPONICS MARKET SIZE, BY TYPE, 2018-2026 (USD MILLION) 68
8.2 AGGREGATE SYSTEMS 68
8.2.1 PREFERABLE USAGE FOR HEAVIER CROPS, SUCH AS TOMATOES AND CUCUMBERS, BY THE GROWERS DRIVES THE GROWTH OF AGGREGATE SYSTEMS 68
TABLE 7 AGGREGATE SYSTEMS: HYDROPONICS MARKET SIZE, BY REGION,
2018-2026 (USD MILLION) 69
TABLE 8 AGGREGATE SYSTEMS: HYDROPONICS MARKET SIZE, BY SUBTYPE,
2018-2026 (USD MILLION) 69
8.2.2 EBB & FLOW SYSTEMS 70
TABLE 9 EBB & FLOW SYSTEMS: HYDROPONICS MARKET SIZE, BY REGION,
2018-2026 (USD MILLION) 70
8.2.3 DRIP SYSTEMS 71
TABLE 10 DRIP SYSTEMS: HYDROPONICS MARKET SIZE, BY REGION,
2018-2026 (USD MILLION) 71
8.2.4 WICK SYSTEMS 72
TABLE 11 WICK SYSTEMS: HYDROPONICS MARKET SIZE, BY REGION,
2018-2026 (USD MILLION) 72
8.3 LIQUID SYSTEMS 73
8.3.1 HIGHLY PREFERRED HYDROPONIC SYSTEMS FOR VEGETABLE CULTIVATION ACROSS THE GLOBE ALONG WITH THE CONCEPT OF HYBRID FARMING PROPELLING THE GROWTH OPPORTUNITIES 73
TABLE 12 LIQUID SYSTEMS: HYDROPONICS MARKET SIZE, BY REGION,
2018-2026 (USD MILLION) 73
TABLE 13 LIQUID SYSTEMS: HYDROPONICS MARKET SIZE, BY SUBTYPE,
2018-2026 (USD MILLION) 74
8.3.2 DEEP WATER CULTURE 74
TABLE 14 DEEP WATER CULTURE SYSTEMS: HYDROPONICS MARKET SIZE, BY REGION, 2018-2026 (USD MILLION) 74
8.3.3 NUTRIENT FILM TECHNIQUE (NFT) 75
TABLE 15 NUTRIENT FILM TECHNIQUE: HYDROPONICS MARKET SIZE, BY REGION, 2018-2026 (USD MILLION) 75
8.3.4 AEROPONICS 76
TABLE 16 AEROPONICS: HYDROPONICS MARKET SIZE, BY REGION,
2018-2026 (USD MILLION) 76
8.3.5 COVID-19 IMPACT ON THE TYPE SEGMENT IN THE HYDROPONICS MARKET 77
TABLE 17 HYDROPONICS MARKET COVID IMPACT ANALYSIS, OPTIMISTIC SCENARIO
BY TYPE, 2018-2021 (USD MILLION) 77
TABLE 18 HYDROPONICS MARKET COVID IMPACT ANALYSIS, REALISTIC SCENARIO
BY TYPE, 2018-2021 (USD MILLION) 77
TABLE 19 HYDROPONICS MARKET COVID IMPACT ANALYSIS, PESSIMISTIC SCENARIO BY TYPE, 2018-2021 (USD MILLION) 78

9 HYDROPONICS MARKET, BY EQUIPMENT 79
9.1 INTRODUCTION 80
FIGURE 25 HYDROPONICS MARKET SIZE, BY EQUIPMENT,

2020 VS. 2026 (USD MILLION) 80
TABLE 20 HYDROPONICS MARKET SIZE, BY EQUIPMENT, 2018-2026 (USD MILLION) 81
9.2 HVAC 81
9.2.1 UNCERTAINTIES IN THE REGIONAL CLIMATE AND RISING ADOPTION OF MODERN TECHNIQUES AND EQUIPMENT IN FARMING TO DRIVE THE DEMAND 81
9.3 LED GROW LIGHTS 82
9.3.1 LED GROW LIGHTS ARE ONE OF THE HIGH-COST EQUIPMENT IN A HYDROPONIC SYSTEM 82
9.4 CONTROL SYSTEMS 82
9.4.1 INCREASING SCOPE FOR AUTOMATION AND SMART FARMING IS PROJECTED TO CREATE GROWTH OPPORTUNITIES FOR CONTROL SYSTEMS 82
9.5 IRRIGATION SYSTEMS 83
9.5.1 RISING DEMAND FOR WATER-USE-EFFICIENT AND SMART IRRIGATION SYSTEMS FOR CROP PRODUCTION IS ONE OF THE MAJOR DRIVING FACTORS FOR MARKET GROWTH 83
9.6 MATERIAL HANDLING EQUIPMENT 83
9.6.1 INCREASING FOCUS ON SHORTENING THE SUPPLY CHAIN THROUGH THE FARM-TO-FORK CONCEPT TO DRIVE THE DEMAND FOR MATERIAL HANDLING EQUIPMENT 83
9.7 OTHER EQUIPMENT 84
9.7.1 ADDITIONAL EQUIPMENT AND TECHNOLOGIES HELP INCREASE THE PRODUCTIVITY OF GROWERS 84
9.7.2 COVID-19 IMPACT ON THE EQUIPMENT SEGMENT IN THE HYDROPONICS MARKET 84
TABLE 21 HYDROPONICS MARKET COVID IMPACT ANALYSIS, OPTIMISTIC SCENARIO
BY EQUIPMENT, 2018-2021 (USD MILLION) 84
TABLE 22 HYDROPONICS MARKET COVID IMPACT ANALYSIS, REALISTIC SCENARIO
BY EQUIPMENT, 2018-2021 (USD MILLION) 85
TABLE 23 HYDROPONICS MARKET COVID IMPACT ANALYSIS, PESSIMISTIC SCENARIO BY EQUIPMENT, 2018-2021 (USD MILLION) 85

10 HYDROPONICS MARKET, BY INPUT 86
10.1 INTRODUCTION 87
FIGURE 26 HYDROPONICS MARKET SIZE, BY INPUT, 2020 VS. 2026 (USD MILLION) 87
TABLE 24 HYDROPONICS MARKET SIZE, BY INPUT, 2018-2026 (USD MILLION) 87
10.2 NUTRIENTS 88
10.2.1 NUTRIENTS ARE PROVIDED IN ALL HYDROPONIC SYSTEMS IRRESPECTIVE OF THE CROP GROWN 88
TABLE 25 NUTRIENTS: HYDROPONICS MARKET SIZE, BY REGION,
2018-2026 (USD MILLION) 88
TABLE 26 HYDROPONICS MARKET SIZE, BY NUTRIENT, 2018-2026 (USD MILLION) 88
10.2.2 NPK 89
10.2.3 TRACE MINERALS 89
10.2.4 OTHERS 89
10.3 GROW MEDIA 89
10.3.1 MAJORLY USED AS A SUPPORT FOR PLANT GROWTH IN HYDROPONIC SYSTEMS OWING TO ITS LOW COSTS DRIVING THE MARKET IN DEVELOPING COUNTRIES 89
TABLE 27 GROW MEDIA: HYDROPONICS MARKET SIZE, BY REGION,
2018-2026 (USD MILLION) 90
TABLE 28 HYDROPONICS MARKET SIZE, BY GROW MEDIA, 2018-2026 (USD MILLION) 90
10.3.2 ROCKWOOL 90
10.3.3 PERLITE & VERMICULITE 91
10.3.4 COCO FIBER 91
10.3.5 OTHERS 91
10.3.6 COVID-19 IMPACT ON THE INPUT SEGMENT IN THE HYDROPONICS MARKET 92
TABLE 29 HYDROPONICS MARKET COVID IMPACT ANALYSIS, OPTIMISTIC SCENARIO
BY INPUT, 2018-2021 (USD MILLION) 92
TABLE 30 HYDROPONICS MARKET COVID IMPACT ANALYSIS, REALISTIC SCENARIO
BY INPUT, 2018-2021 (USD MILLION) 92
TABLE 31 HYDROPONICS MARKET COVID IMPACT ANALYSIS, PESSIMISTIC SCENARIO BY INPUT, 2018-2021 (USD MILLION) 92

11 HYDROPONICS MARKET, BY CROP TYPE 93
11.1 INTRODUCTION 94
FIGURE 27 HYDROPONICS MARKET SIZE, BY CROP TYPE, 2020 VS. 2026 (USD MILLION) 94
TABLE 32 HYDROPONICS MARKET SIZE, BY CROP TYPE, 2018-2026 (USD MILLION) 95
11.2 VEGETABLES 95
11.2.1 WIDER ACCEPTANCE OF HYDROPONICS FOR GROWING VEGETABLES ACROSS MULTIPLE REGIONS TO DRIVE THE DEMAND 95
TABLE 33 HYDROPONICS MARKET SIZE IN VEGETABLE CULTIVATION, BY REGION, 2018-2026 (USD MILLION) 96
TABLE 34 HYDROPONICS MARKET SIZE IN VEGETABLE CULTIVATION, BY CROP TYPE, 2018-2026 (USD MILLION) 96
11.2.2 TOMATOES 96
11.2.3 LEAFY GREENS 97
11.2.4 CUCUMBERS 97
11.2.5 PEPPERS 97
11.2.6 OTHER VEGETABLES 97
11.3 FRUITS 98
11.3.1 RISE IN DEMAND AND YEAR-LONG HARVEST BENEFITS SUPPLEMENT THE HYDROPONIC FRUIT GROWTH 98
TABLE 35 HYDROPONICS MARKET SIZE IN FRUIT CULTIVATION, BY REGION,
2018-2026 (USD MILLION) 98
11.4 FLOWERS 99
11.4.1 HYDROPONIC ADOPTION FOR FLOWERS HAS BEEN THE HIGHEST IN THE NETHERLANDS 99
TABLE 36 HYDROPONICS MARKET SIZE IN FLOWER CULTIVATION, BY REGION,
2018-2026 (USD MILLION) 99
11.5 OTHER CROP TYPES 99
11.5.1 GROWING APPLICATION AND AWARENESS ACROSS VARIOUS CROP TYPES WILL PROPEL THE DEMAND IN THE COMING YEARS 99
TABLE 37 HYDROPONICS MARKET SIZE IN OTHER CROP CULTIVATION, BY REGION, 2018-2026 (USD MILLION) 100
11.5.2 COVID-19 IMPACT ON THE CROP TYPE SEGMENT IN THE HYDROPONICS MARKET 100
TABLE 38 HYDROPONICS MARKET COVID IMPACT ANALYSIS, OPTIMISTIC SCENARIO
BY CROP TYPE, 2018-2021 (USD MILLION) 100
TABLE 39 HYDROPONICS MARKET COVID IMPACT ANALYSIS, REALISTIC SCENARIO
BY CROP TYPE, 2018-2021 (USD MILLION) 101
TABLE 40 HYDROPONICS MARKET COVID IMPACT ANALYSIS, PESSIMISTIC SCENARIO BY CROP TYPE, 2018-2021 (USD MILLION) 101

12 HYDROPONICS MARKET, BY REGION 102
12.1 INTRODUCTION 103
FIGURE 28 ASIA PACIFIC COUNTRIES TO WITNESS SIGNIFICANT GROWTH IN HYDROPONIC TYPE MARKET (2020-2026) 104
TABLE 41 HYDROPONICS TYPE MARKET SIZE, BY REGION, 2018-2026 (USD MILLION) 104
TABLE 42 HYDROPONICS INPUT MARKET SIZE, BY REGION, 2018-2026 (USD MILLION) 105
TABLE 43 HYDROPONICS CROP TYPE MARKET SIZE, BY REGION,
2018-2026 (USD MILLION) 105
12.2 NORTH AMERICA 106
FIGURE 29 NORTH AMERICA: REGIONAL SNAPSHOT 107
TABLE 44 NORTH AMERICA: HYDROPONICS TYPE MARKET SIZE, BY COUNTRY,
2018-2026 (USD MILLION) 107
TABLE 45 NORTH AMERICA: HYDROPONICS CROP TYPE MARKET SIZE, BY COUNTRY, 2018-2026 (USD MILLION) 108
TABLE 46 NORTH AMERICA: HYDROPONICS MARKET SIZE, BY TYPE,
2018-2026 (USD MILLION) 108
TABLE 47 NORTH AMERICA: HYDROPONICS MARKET SIZE, BY AGGREGATE SYSTEMS SUBTYPE, 2018-2026 (USD MILLION) 108
TABLE 48 NORTH AMERICA: HYDROPONICS MARKET SIZE, BY LIQUID SYSTEMS SUBTYPE, 2018-2026 (USD MILLION) 108
TABLE 49 NORTH AMERICA: HYDROPONICS MARKET SIZE, BY CROP TYPE,
2018-2026 (USD MILLION) 109
TABLE 50 NORTH AMERICA: HYDROPONICS MARKET SIZE, BY VEGETABLES SUBTYPE, 2018-2026 (USD MILLION) 109
12.2.1 US 109
12.2.1.1 Favorable government schemes and introduction of newer farming kits and techniques by hydroponics system providers 109
TABLE 51 US: HYDROPONICS MARKET SIZE, BY TYPE, 2018-2026 (USD MILLION) 110
TABLE 52 US: HYDROPONICS MARKET SIZE, BY CROP TYPE,
2018-2026 (USD MILLION) 110
12.2.2 CANADA 111
12.2.2.1 High awareness about modern farming techniques to fuel the growth prospects 111
TABLE 53 CANADA: MAJOR CROPS GROWN IN GREENHOUSES, 2015 112
FIGURE 30 CANADA: SPECIES OF GREENHOUSE-GROWN FLOWERS, 2015 112
TABLE 54 CANADA: HYDROPONICS MARKET SIZE, BY TYPE, 2018-2026 (USD MILLION) 112
TABLE 55 CANADA: HYDROPONICS MARKET SIZE, BY CROP TYPE,
2018-2026 (USD MILLION) 113
12.2.3 MEXICO 113
12.2.3.1 Larger greenhouse area being used for cultivation 113
TABLE 56 MEXICO: HYDROPONICS MARKET SIZE, BY TYPE, 2018-2026 (USD MILLION) 114
TABLE 57 MEXICO: HYDROPONICS MARKET SIZE, BY CROP TYPE,
2018-2026 (USD MILLION) 114
12.2.4 COVID-19 IMPACT ON THE HYDROPONICS MARKET IN THE NORTH AMERICAN REGION 114
12.3 EUROPE 115
TABLE 58 EUROPE: HYDROPONICS TYPE MARKET SIZE, BY COUNTRY,
2018-2026 (USD MILLION) 116
TABLE 59 EUROPE: HYDROPONICS CROP TYPE MARKET SIZE, BY COUNTRY,
2018-2026 (USD MILLION) 116
TABLE 60 EUROPE: HYDROPONICS MARKET SIZE, BY TYPE, 2018-2026 (USD MILLION) 117
TABLE 61 EUROPE: HYDROPONICS MARKET SIZE, BY AGGREGATE SYSTEMS SUBTYPE, 2018-2026 (USD MILLION) 117
TABLE 62 EUROPE: HYDROPONICS MARKET SIZE, BY LIQUID SYSTEMS SUBTYPE, 2018-2026 (USD MILLION) 117
TABLE 63 EUROPE: HYDROPONICS MARKET SIZE, BY CROP TYPE,
2018-2026 (USD MILLION) 118
TABLE 64 EUROPE: HYDROPONICS MARKET SIZE, BY VEGETABLES SUB-TYPE,
2018-2026 (USD MILLION) 118
12.3.1 NETHERLANDS 119
12.3.1.1 Increasing inclination toward efficient farming to drive the growth 119
TABLE 65 NETHERLANDS: HYDROPONICS MARKET SIZE, BY TYPE,
2018-2026 (USD MILLION) 119
TABLE 66 NETHERLANDS: HYDROPONICS MARKET SIZE, BY CROP TYPE,
2018-2026 (USD MILLION) 120
12.3.2 SPAIN 120
12.3.2.1 Increase in investments in sustainable farming practices and advanced set-ups to achieve higher volumes of produce 120
TABLE 67 SPAIN: HYDROPONICS MARKET SIZE, BY TYPE, 2018-2026 (USD MILLION) 121
TABLE 68 SPAIN: HYDROPONICS MARKET SIZE, BY CROP TYPE,
2018-2026 (USD MILLION) 121
12.3.3 ITALY 121
12.3.3.1 Growth in organic croplands and rise in demand and supply of organic products to bolster the demand for hydroponics 121
TABLE 69 ITALY: HYDROPONICS MARKET SIZE, BY TYPE, 2018-2026 (USD MILLION) 122
TABLE 70 ITALY: HYDROPONICS MARKET SIZE, BY CROP TYPE,
2018-2026 (USD MILLION) 122
12.3.4 FRANCE 122
12.3.4.1 The gradual adoption of modern farming techniques 122
TABLE 71 FRANCE: HYDROPONICS MARKET SIZE, BY TYPE, 2018-2026 (USD MILLION) 123
TABLE 72 FRANCE: HYDROPONICS MARKET SIZE, BY CROP TYPE,
2018-2026 (USD MILLION) 123
12.3.5 POLAND 123
12.3.5.1 Increase in awareness and steady adoption among local growers and cultivators in the country to exhibit a positive outlook 123
TABLE 73 POLAND: HYDROPONICS MARKET SIZE, BY TYPE, 2018-2026 (USD MILLION) 124
TABLE 74 POLAND: HYDROPONICS MARKET SIZE, BY CROP TYPE,
2018-2026 (USD MILLION) 124
12.3.6 TURKEY 124
12.3.6.1 Increasing protected cultivation supports the growth of hydroponics in Turkey 124
TABLE 75 TURKEY: HYDROPONICS MARKET SIZE, BY TYPE, 2018-2026 (USD MILLION) 125
TABLE 76 TURKEY: HYDROPONICS MARKET SIZE, BY CROP TYPE,
2018-2026 (USD MILLION) 125
12.3.7 REST OF EUROPE 125
12.3.7.1 Demand for controlled environment agriculture creates growth opportunities for the hydroponics market 125
TABLE 77 REST OF EUROPE: HYDROPONICS MARKET SIZE, BY TYPE,
2018-2026 (USD MILLION) 126
TABLE 78 REST OF EUROPE: HYDROPONICS MARKET SIZE, BY CROP TYPE,
2018-2026 (USD MILLION) 126
12.3.8 COVID-19 IMPACT ON THE HYDROPONICS MARKET IN
THE EUROPEAN REGION 126
12.4 ASIA PACIFIC 127
FIGURE 31 ASIA PACIFIC: MARKET SNAPSHOT 128
TABLE 79 ASIA PACIFIC: HYDROPONICS TYPE MARKET SIZE, BY COUNTRY,
2018-2026 (USD MILLION) 129
TABLE 80 ASIA PACIFIC: HYDROPONICS CROP TYPE MARKET SIZE, BY COUNTRY,
2018-2026 (USD MILLION) 129
TABLE 81 ASIA PACIFIC: HYDROPONICS MARKET SIZE, BY TYPE,
2018-2026 (USD MILLION) 130
TABLE 82 ASIA PACIFIC: HYDROPONICS MARKET SIZE, BY AGGREGATE SYSTEMS SUBTYPE, 2018-2026 (USD MILLION) 130
TABLE 83 ASIA PACIFIC: HYDROPONICS MARKET SIZE, BY LIQUID SYSTEMS SUBTYPE, 2018-2026 (USD MILLION) 130
TABLE 84 ASIA PACIFIC: HYDROPONICS MARKET SIZE, BY CROP TYPE,
2018-2026 (USD MILLION) 131
TABLE 85 ASIA PACIFIC: HYDROPONICS MARKET SIZE, BY VEGETABLES SUBTYPE, 2018-2026 (USD MILLION) 131
12.4.1 CHINA 132
12.4.1.1 Increase in population and government intervention drives initiatives for hydroponic adoption in China 132
TABLE 86 CHINA: HYDROPONICS MARKET SIZE, BY TYPE, 2018-2026 (USD MILLION) 133
TABLE 87 CHINA: HYDROPONICS MARKET SIZE, BY CROP TYPE,
2018-2026 (USD MILLION) 133
12.4.2 INDIA 133
12.4.2.1 Increasing investments from key players along with many farmers shifting to this form of cultivation will propel the market growth 133
TABLE 88 INDIA: HYDROPONICS MARKET SIZE, BY TYPE, 2018-2026 (USD MILLION) 134
TABLE 89 INDIA: HYDROPONICS MARKET SIZE, BY CROP TYPE,
2018-2026 (USD MILLION) 134
12.4.3 JAPAN 135
12.4.3.1 Growing initiatives from the government, member companies,
and related institutions to promote greenhouse farming to boost the demand 135
TABLE 90 INSTALLATION AND CULTIVATION AREAS FOR DIFFERENT TYPES OF HORTICULTURAL CROPS, 2016 (HA) 136
TABLE 91 JAPAN: HYDROPONICS MARKET SIZE, BY TYPE, 2018-2026 (USD MILLION) 136
TABLE 92 JAPAN: HYDROPONICS MARKET SIZE, BY CROP TYPE,
2018-2026 (USD MILLION) 137
12.4.4 AUSTRALIA & NEW ZEALAND 137
12.4.4.1 Harsh climatic conditions and freshwater scarcity supplement the growth of hydroponic vegetables in Australia & New Zealand 137
TABLE 93 AUSTRALIA & NEW ZEALAND: HYDROPONICS MARKET SIZE, BY TYPE,
2018-2026 (USD MILLION) 138
TABLE 94 AUSTRALIA & NEW ZEALAND: HYDROPONICS MARKET SIZE, BY CROP TYPE, 2018-2026 (USD MILLION) 138
12.4.5 SOUTH KOREA 138
12.4.5.1 Small agriculture field size has led to increased adoption of hydroponics in the region 138
TABLE 95 SOUTH KOREA: HYDROPONICS MARKET SIZE, BY TYPE,
2018-2026 (USD MILLION) 139
TABLE 96 SOUTH KOREA: HYDROPONICS MARKET SIZE, BY CROP TYPE,
2018-2026 (USD MILLION) 139
12.4.6 SINGAPORE 140
12.4.6.1 Increase in demand for food security with minimum wastage has resulted in growing demand for HYDROPONICS 140
TABLE 97 SINGAPORE: HYDROPONICS MARKET SIZE, BY TYPE,
2018-2026 (USD MILLION) 140
TABLE 98 SINGAPORE: HYDROPONICS MARKET SIZE, BY CROP TYPE,
2018-2026 (USD MILLION) 140
12.4.7 VIETNAM 141
12.4.7.1 Convenience in terms of farming and need for fresh vegetables to boost the demand for hydroponics 141
TABLE 99 VIETNAM: HYDROPONICS MARKET SIZE, BY TYPE,
2018-2026 (USD MILLION) 141
TABLE 100 VIETNAM: HYDROPONICS MARKET SIZE, BY CROP TYPE,
2018-2026 (USD MILLION) 141
12.4.8 MALAYSIA 142
12.4.8.1 High demand for urban farming to reduce spoilage will help boost the demand for hydroponics 142
TABLE 101 MALAYSIA: HYDROPONICS MARKET SIZE, BY TYPE,
2018-2026 (USD MILLION) 142
TABLE 102 MALAYSIA: HYDROPONICS MARKET SIZE, BY CROP TYPE,
2018-2026 (USD MILLION) 142
12.4.9 THAILAND 143
12.4.9.1 Increase in awareness and shift in preference of consumers toward the adoption of new technology for growing plants 143
TABLE 103 THAILAND: HYDROPONICS MARKET SIZE, BY TYPE,
2018-2026 (USD MILLION) 143
TABLE 104 THAILAND: HYDROPONICS MARKET SIZE, BY CROP TYPE,
2018-2026 (USD MILLION) 143
12.4.10 INDONESIA 144
12.4.10.1 Acceptance of new technology to grow vegetables to boost the demand for hydroponics 144
TABLE 105 INDONESIA: HYDROPONICS MARKET SIZE, BY TYPE,
2018-2026 (USD MILLION) 144
TABLE 106 INDONESIA: HYDROPONICS MARKET SIZE, BY CROP TYPE,
2018-2026 (USD MILLION) 144
12.4.11 COVID-19 IMPACT ON THE HYDROPONICS MARKET IN ASIA PACIFIC 144
12.5 SOUTH AMERICA 145
TABLE 107 SOUTH AMERICA: HYDROPONICS TYPE MARKET SIZE, BY COUNTRY,
2018-2026 (USD MILLION) 145
TABLE 108 SOUTH AMERICA: HYDROPONICS CROP TYPE MARKET SIZE, BY COUNTRY, 2018-2026 (USD MILLION) 145
TABLE 109 SOUTH AMERICA: HYDROPONICS MARKET SIZE, BY TYPE,
2018-2026 (USD MILLION) 146
TABLE 110 SOUTH AMERICA: HYDROPONICS MARKET SIZE, BY AGGREGATE SYSTEMS SUBTYPE, 2018-2026 (USD MILLION) 146
TABLE 111 SOUTH AMERICA: HYDROPONICS MARKET SIZE, BY LIQUID SYSTEMS SUBTYPE, 2018-2026 (USD MILLION) 146
TABLE 112 SOUTH AMERICA: HYDROPONICS MARKET SIZE, BY CROP TYPE,
2018-2026 (USD MILLION) 147
TABLE 113 SOUTH AMERICA: HYDROPONICS MARKET SIZE, BY VEGETABLES SUBTYPE, 2018-2026 (USD MILLION) 147
12.5.1 BRAZIL 148
12.5.1.1 High adoption rate of indoor farming is projected to increase the demand for hydroponics in the country 148
TABLE 114 BRAZIL: HYDROPONICS MARKET SIZE, BY TYPE, 2018-2026 (USD MILLION) 148
TABLE 115 BRAZIL: HYDROPONICS MARKET SIZE, BY CROP TYPE,
2018-2026 (USD MILLION) 148
12.5.2 ARGENTINA 149
12.5.2.1 Increased adoption among the growers is projected to drive the demand for hydroponics in Argentina 149
TABLE 116 ARGENTINA: HYDROPONICS MARKET SIZE, BY TYPE,
2018-2026 (USD MILLION) 149
TABLE 117 ARGENTINA: HYDROPONICS MARKET SIZE, BY CROP TYPE,
2018-2026 (USD MILLION) 149
12.5.3 REST OF SOUTH AMERICA 150
TABLE 118 REST OF SOUTH AMERICA: HYDROPONICS MARKET SIZE, BY TYPE,
2018-2026 (USD MILLION) 150
TABLE 119 REST OF SOUTH AMERICA: HYDROPONICS MARKET SIZE, BY CROP TYPE, 2018-2026 (USD MILLION) 150
12.5.4 COVID-19 IMPACT ON THE HYDROPONICS MARKET IN SOUTH AMERICA 150
12.6 REST OF THE WORLD 151
TABLE 120 ROW: HYDROPONICS TYPE MARKET SIZE, BY COUNTRY,
2018-2026 (USD MILLION) 151
TABLE 121 ROW: HYDROPONICS CROP TYPE MARKET SIZE, BY COUNTRY,
2018-2026 (USD MILLION) 152
TABLE 122 ROW: HYDROPONICS MARKET SIZE, BY TYPE, 2018-2026 (USD MILLION) 152
TABLE 123 ROW: HYDROPONICS MARKET SIZE, BY AGGREGATE SYSTEMS SUBTYPE, 2018-2026 (USD MILLION) 152
TABLE 124 ROW: HYDROPONICS MARKET SIZE, BY LIQUID SYSTEMS SUBTYPE,
2018-2026 (USD MILLION) 153
TABLE 125 ROW: HYDROPONICS MARKET SIZE, BY CROP TYPE,
2018-2026 (USD MILLION) 153
TABLE 126 ROW: HYDROPONICS MARKET SIZE, BY VEGETABLES SUBTYPE,
2018-2026 (USD MILLION) 153
12.6.1 SOUTH AFRICA 154
12.6.1.1 Increased government initiatives are projected to drive the demand for hydroponics in Africa 154
TABLE 127 SOUTH AFRICA: HYDROPONICS MARKET SIZE, BY TYPE,
2018-2026 (USD MILLION) 154
TABLE 128 SOUTH AFRICA: HYDROPONICS MARKET SIZE, BY CROP TYPE,
2018-2026 (USD MILLION) 154
12.6.2 ISRAEL 155
12.6.2.1 Innovations in hydroponic technologies to drive hydroponics adoption in Israel 155
TABLE 129 ISRAEL: HYDROPONICS MARKET SIZE, BY TYPE, 2018-2026 (USD MILLION) 155
TABLE 130 ISRAEL: HYDROPONICS MARKET SIZE, BY CROP TYPE,
2018-2026 (USD MILLION) 155
12.6.3 UAE 156
12.6.3.1 Lack of food security and increasing imports drive the demand for hydroponics in the UAE 156
TABLE 131 UAE: HYDROPONICS MARKET SIZE, BY TYPE, 2018-2026 (USD MILLION) 156
TABLE 132 UAE: HYDROPONICS MARKET SIZE, BY CROP TYPE,
2018-2026 (USD MILLION) 156
12.6.4 OTHERS IN ROW 157
TABLE 133 OTHERS IN ROW: HYDROPONICS MARKET SIZE, BY TYPE,
2018-2026 (USD MILLION) 157
TABLE 134 OTHERS IN ROW: HYDROPONICS MARKET SIZE, BY CROP TYPE,
2018-2026 (USD MILLION) 157
12.6.5 COVID-19 IMPACT ON THE HYDROPONICS MARKET IN ROW 158

13 COMPETITIVE LANDSCAPE 159
13.1 OVERVIEW 159
FIGURE 32 KEY DEVELOPMENTS OF THE LEADING PLAYERS IN THE HYDROPONICS MARKET, 2014 -2020 160
13.2 MARKET SHARE ANALYSIS 161
13.3 COMPETITIVE SCENARIO 161
13.3.1 NEW PRODUCT LAUNCHES 161
TABLE 135 NEW PRODUCT LAUNCHES, 2014 -2019 161
13.3.2 EXPANSIONS & INVESTMENTS 162
TABLE 136 EXPANSIONS & INVESTMENTS, 2014 - 2020 162
13.3.3 ACQUISITIONS 163
TABLE 137 ACQUISITIONS, 2014 -2019 163
13.3.4 PARTNERSHIPS 164
TABLE 138 PARTNERSHIPS, 2014-2019 164

14 COMPANY MICROQUADRANTS AND COMPANY PROFILES 165
14.1 COMPETITIVE LEADERSHIP MAPPING 165
14.1.1 DYNAMIC DIFFERENTIATORS 165
14.1.2 INNOVATORS 165
14.1.3 VISIONARY LEADERS 165
14.1.4 EMERGING COMPANIES 165
FIGURE 33 HYDROPONICS MARKET: COMPETITIVE LEADERSHIP MAPPING, 2019 166
14.2 SYSTEM INPUT COMPANIES 167
(Business overview, Products offered, Recent developments, SWOT analysis & Right to win)*
14.2.1 SIGNIFY HOLDING 167
FIGURE 34 SIGNIFY HOLDING: COMPANY SNAPSHOT 167
FIGURE 35 SIGNIFY HOLDING: SWOT ANALYSIS 169
14.2.2 HELIOSPECTRA AB 170
FIGURE 36 HELIOSPECTRA: COMPANY SNAPSHOT 170
FIGURE 37 HELIOSPECTRA: SWOT ANALYSIS 171
14.2.3 SCOTTS MIRACLE GRO 172
FIGURE 38 SCOTTS MIRACLE GRO: COMPANY SNAPSHOT 172
14.2.4 ARGUS CONTROL SYSTEMS 176
FIGURE 39 ARGUS CONTROL SYSTEMS: SWOT ANALYSIS 177
14.2.5 LOGIQS B.V. 178
14.2.6 LUMIGROW 179
14.2.7 HYDROPONIC SYSTEM INTERNATIONAL 181
14.2.8 HYDRODYNAMICS INTERNATIONAL 182
14.2.9 AMERICAN HYDROPONICS 183
14.2.10 ADVANCED NUTRIENTS 184
14.2.11 EMERALD HARVEST 185
14.2.12 VITALINK 186
14.2.13 GROBO INC. 187
14.3 COMPETITIVE LEADERSHIP MAPPING (FOR CROP PRODUCERS) 188
14.3.1 INNOVATORS 188
14.3.2 VISIONARY LEADERS 188
14.3.3 EMERGING COMPANIES 188
14.3.4 DYNAMIC DIFFERENTIATORS 188
FIGURE 40 HYDROPONICS MARKET: COMPETITIVE LEADERSHIP MAPPING FOR CROP PRODUCERS, 2019 189
14.4 HYDROPONIC CROP PRODUCERS 190
14.4.1 AEROFARMS 190
14.4.2 TERRA TECH CORP 192
FIGURE 41 TERRA TECH CORP COMPANY SNAPSHOT 192
14.4.3 TRITON FOODWORKS PVT. LTD. 194
14.4.4 FREIGHT FARMS 195
14.4.5 GREEN SENSE FARMS 196
14.4.6 EMIRATES HYDROPONIC FARM 197
14.4.7 GOTHAM GREENS 198
14.4.8 NATURE'S MIRACLE 200
14.4.9 BRIGHT FARMS 201
14.4.10 SPROUTSIO 202
14.4.11 INFARM 203
14.4.12 BADIA FARMS 205
*Details on Business overview, Products offered, Recent developments, SWOT analysis & Right to win might not be captured in case of unlisted companies.

15 ADJACENT & RELATED MARKETS 206
15.1 INTRODUCTION 206
15.2 LIMITATIONS 206
15.3 SMART GREENHOUSE MARKET 206
15.3.1 MARKET DEFINITION 206
15.3.2 MARKET OVERVIEW 207
FIGURE 42 SMART GREENHOUSE MARKET IS ESTIMATED TO HAVE A HIGH GROWTH DURING THE FORECAST PERIOD. 207
15.4 SMART GREENHOUSE MARKET, BY TYPE 208
15.4.1 INTRODUCTION 208
TABLE 139 SMART GREENHOUSE MARKET, BY TYPE, 2017-2025 (USD MILLION) 208
15.4.2 HYDROPONICS 208
TABLE 140 HYDROPONICS SMART GREENHOUSE MARKET, BY REGION,
2017-2025 (USD MILLION) 208
15.4.3 NON-HYDROPONIC 209
TABLE 141 NON-HYDROPONICS SMART GREENHOUSE MARKET, BY REGION,
2017-2025 (USD THOUSAND) 209
15.5 SMART GREENHOUSE MARKET, BY COMPONENT 209
15.5.1 INTRODUCTION 209
TABLE 142 SMART GREENHOUSE MARKET, BY COMPONENT,
2017-2025 (USD MILLION) 209
15.5.2 HVAC 210
TABLE 143 SMART GREENHOUSE HVAC SYSTEMS MARKET, BY REGION,
2017-2025 (USD MILLION) 210
15.5.3 LED GROW LIGHTS 210
TABLE 144 SMART GREENHOUSE LED GROW LIGHTS MARKET, BY REGION,
2017-2025 (USD MILLION) 210
15.5.4 CONTROL SYSTEMS & SENSORS 211
TABLE 145 SMART GREENHOUSE CONTROL SYSTEMS & SENSORS MARKET, BY REGION, 2017-2025 (USD MILLION) 211
15.6 SMART GREENHOUSE MARKET, BY REGION 211
15.6.1 INTRODUCTION 211
TABLE 146 SMART GREENHOUSE MARKET, BY REGION, 2017-2025 (USD MILLION) 211
15.6.2 NORTH AMERICA 212
TABLE 147 SMART GREENHOUSE MARKET IN NORTH AMERICA, BY TYPE,
2017-2025 (USD MILLION) 212
15.6.3 EUROPE 212
TABLE 148 SMART GREENHOUSE MARKET IN EUROPE, BY TYPE,
2017-2025 (USD MILLION) 212
15.6.4 ASIA PACIFIC 213
TABLE 149 SMART GREENHOUSE MARKET IN APAC, BY TYPE,
2017-2025 (USD MILLION) 213
15.6.5 REST OF THE WORLD 213
TABLE 150 SMART GREENHOUSE MARKET IN ROW, BY TYPE,
2017-2025 (USD THOUSAND) 213
15.7 INDOOR FARMING TECHNOLOGY MARKET 214
15.8 LIMITATIONS 214
15.9 MARKET DEFINITION 214
15.10 MARKET OVERVIEW 214
FIGURE 43 INDOOR FARMING TECHNOLOGY MARKET IS ESTIMATED TO WITNESS HIGH GROWTH DURING THE FORECAST PERIOD 215
15.11 INDOOR FARMING TECHNOLOGY MARKET, BY GROWING SYSTEM 216
TABLE 151 INDOOR FARMING TECHNOLOGY MARKET SIZE, BY GROWING SYSTEM, 2015-2022 (USD MILLION) 216
15.11.1 AEROPONICS 216
TABLE 152 AEROPONICS MARKET SIZE, BY REGION, 2015-2022 (USD MILLION) 216
15.11.2 HYDROPONICS 217
TABLE 153 HYDROPONICS MARKET SIZE, BY REGION, 2015-2022 (USD MILLION) 217
15.12 AQUAPONICS 218
TABLE 154 AQUAPONICS MARKET SIZE, BY REGION, 2015-2022 (USD MILLION) 218
15.13 SOIL-BASED 219
TABLE 155 SOIL-BASED INDOOR FARMING TECHNOLOGY MARKET SIZE, BY REGION, 2015-2022 (USD MILLION) 219
15.14 INDOOR FARMING TECHNOLOGY MARKET, BY REGION 219
15.14.1 INTRODUCTION 219
TABLE 156 INDOOR FARMING TECHNOLOGY MARKET SIZE, BY REGION,
2015-2022 (USD MILLION) 220
15.14.2 NORTH AMERICA 220
TABLE 157 NORTH AMERICA: INDOOR FARMING TECHNOLOGY MARKET SIZE,
BY GROWING SYSTEM, 2015-2022 (USD MILLION) 220
15.14.3 EUROPE 221
TABLE 158 EUROPE: INDOOR FARMING TECHNOLOGY MARKET SIZE,
BY GROWING SYSTEM, 2015-2022 (USD MILLION) 221
15.14.4 ASIA PACIFIC 221
TABLE 159 ASIA PACIFIC: INDOOR FARMING TECHNOLOGY MARKET SIZE,
BY GROWING SYSTEM, 2015-2022 (USD MILLION) 222
15.14.5 SOUTH AMERICA 222
TABLE 160 SOUTH AMERICA: INDOOR FARMING TECHNOLOGY MARKET SIZE,
BY GROWING SYSTEM, 2015-2022 (USD MILLION) 222
15.14.6 REST OF THE WORLD 223
TABLE 161 ROW: INDOOR FARMING TECHNOLOGY MARKET SIZE, BY GROWING SYSTEM, 2015-2022 (USD MILLION) 223

16 APPENDIX 224
16.1 DISCUSSION GUIDE 224
16.2 KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL 227
16.3 AVAILABLE CUSTOMIZATIONS 229
16.4 RELATED REPORTS 229
16.5 AUTHOR DETAILS 230