DUBLIN--(BUSINESS WIRE)--The "Hydroponics Market Research Report by Type (Aggregate Systems, Drip System, and Liquid Hydroponic Systems), Equipment, Crop Type, Input Type, Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) - Global Forecast to 2027 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.
The Global Hydroponics Market size was estimated at USD 10.24 billion in 2021, USD 11.72 billion in 2022, and is projected to grow at a Compound Annual Growth Rate (CAGR) of 14.64% to reach USD 23.25 billion by 2027.
Competitive Strategic Window:
The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix evaluates and categorizes the vendors in the Hydroponics Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.
Market Share Analysis:
The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Global Hydroponics Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the Global Hydroponics Market during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Hydroponics Market?
4. What is the competitive strategic window for opportunities in the Global Hydroponics Market?
5. What are the technology trends and regulatory frameworks in the Global Hydroponics Market?
6. What is the market share of the leading vendors in the Global Hydroponics Market?
7. What modes and strategic moves are considered suitable for entering the Global Hydroponics Market?
Market Dynamics
Drivers
- Resulting higher yield as compared to conventional agriculture practices
- Controlled environment farming eliminating the effect of external factors on crop growth
- Hydroponic systems to conserve natural resources
- Increasing yield and higher productivity with limited land resources
- Profound water utilization as against conventional farming methods
Restraints
- Need for high capital investment for large-scale farms
- Limited support of government policy and tax relaxation in developing countries
Opportunities
- Advancement of innovative hydroponic technologies
- Arrival of new players in the market
- Increasing application of hydroponic for decorative displays
- Increasing demand for organic food
- Increased demand for spices & herbs
Challenges
- Expensive hydroponically grown produce
- Potential spread of plant infection in closed systems
Companies Mentioned
- Advanced Nutrients
- Aerofarms
- American Hydroponics
- Argus Control Systems Ltd.
- Badia Farms
- Bright Farms
- Circle Fresh Farms
- Emerald Harvest
- Emirates Hydroponic Farm
- Freight Farms, Inc.
- Gotham Greens
- Green Sense Farms Holdings
- Grobo Inc.
- Heliospectra AB
- Hydrodynamics International
- Hydrofarm LLC
- Hydroponic Crop Producers
- Hydroponic System International
- Infarm
- LumiGrow, Inc.
- Nature's Miracle
- Signify Holding
- SproutsIO, Inc.
- Terra Tech Corp
- The Scotts Miracle-Gro Company
- Triton Foodworks Pvt. Ltd.
- Vitalink
For more information about this report visit https://www.researchandmarkets.com/r/w27hn4
