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The global Hydroponics Technologies 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.
The global hydroponics technologies market consists of technologies used for growing plants without the use of soil. Environment and climate control systems, grow lights, farm management systems, and material handling systems are various types of technologies that have been considered in this report.
This report aims to provide a comprehensive presentation of the global market for Hydroponics Technologies, 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 Technologies. This report contains market size and forecasts of Hydroponics Technologies in global, including the following market information:
The need for reduction in soil and water pollution is one of the major factors driving the global hydroponics technologies market. In land farming, the chemicals such as fertilizers, pesticides, and insecticides are used to increase the yield rates substantially. This causes soil and water pollution. The chemicals such as pesticides accumulate in soil and alter microbial processes, increasing the plants? uptake of chemicals. This leads to higher toxicity in plants, which can affect soil organisms, animals, and humans that consume such plants.
We has surveyed the Hydroponics Technologies 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 Technologies Market, by Type, 2018-2023, 2024-2032 ($ millions)
Global Hydroponics Technologies Market Segment Percentages, by Type, 2022 (%)
Global Hydroponics Technologies Market, by Application, 2018-2023, 2024-2032 ($ millions)
Global Hydroponics Technologies Market Segment Percentages, by Application, 2022 (%)
Global Hydroponics Technologies Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions)
Global Hydroponics Technologies Market Segment Percentages, By Region and Country, 2022 (%)
Competitor Analysis
The report also provides analysis of leading market participants including:
Further, the report presents profiles of competitors in the market, key players include:
Outline of Major Chapters: