Global Aquaponics - Hydroponics Systems and Equipment Market – Industry Trends and Forecast to 2026

  • Semiconductors and Electronics
  • Upcoming Report
  • Jan 2019
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220

Global Aquaponics & Hydroponics Systems and Equipment Market, By Systems (Nutrient Film Techniques {NFT}, Deep-Water Culture Systems, Media Filled Grow Beds, Ebb & Flow Systems), Equipment (LED Grow Lights, HVAC, Irrigation Systems, Aeration Systems), Produce (Vegetable, Herbs, Fruits, Fish), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026

Market Analysis: Global Aquaponics & Hydroponics Systems and Equipment Market

Global aquaponics and hydroponics systems and equipment market is driven by optimal and maximus output with minimum input, which is projecting a rise in estimated value from USD 1.16 billion in 2018 to an estimated value of USD 3.67 billion by 2026, registering a CAGR of 15.8% in the forecast period of 2019-2026.

Market Definition: Global Aquaponics & Hydroponics Systems and Equipment Market

Aquaponics & hydroponics systems and equipments can be defined as a process of cultivation of plants and water animals. Hydroponics can be defined as growing of plants without the usage of soil but with added nutrients whereas aquaponics can be defined as integration of aquaculture and hydroponics where the waste from aquatic animals provide nutrients to plants and the plants naturally cleans or filter the water for aquatic animals.

Market Drivers:

  • It is very cost effective where the maximum output can be generated with minimal usage of inputs.
  • These processes do not require huge land space or heavy investment as integration of aquaculture and hydroponic reduces the external costs.
  • Increase in the demand for the organic fruits and vegetable.

Market Restraints:

  • Lack of awareness, knowledge and education among the developing countries across the globe as it require proper knowledge.
  • Scarcity of water in Middle East and many countries is one of the major barrier to these techniques.
  • Lack of technology within many countries across the globe which is continuously restraining the growth of the market.

Segmentation: Global Aquaponics & Hydroponics Systems and Equipment Market

  • By Systems

    • Nutrient Film Techniques (NFT)
    • Deep-Water Culture Systems
    • Media Filled Grow Beds
    • Ebb & Flow Systems
    • Others

  • By Equipment

    • LED Grow Lights
    • HVAC
    • Irrigation Systems
    • Aeration Systems
    • Others

  • By Produce

    • Vegetable
    • Herbs
    • Fruits
    • Fish
    • Others

  • By Geography

    • North America

      • US
      • Canada
      • Mexico

    • South America

      • Brazil
      • Argentina
      • Rest of South America

    • Europe

      • Germany
      • France
      • United Kingdom
      • Italy
      • Spain
      • Russia
      • Turkey
      • Belgium
      • Netherlands
      • Switzerland
      • Rest of Europe

    • Asia-Pacific

      • Japan
      • China
      • South Korea
      • India
      • Australia
      • Singapore
      • Malaysia
      • Indonesia
      • Thailand
      • Philippines
      • Rest of Asia-Pacific

    • Middle East and Africa

      • South Africa
      • Egypt
      • Saudi Arabia
      • United Arab Emirates
      • Israel
      • Rest of Middle East and Africa

Key Developments in the Market:

  • In February 2018, Spring work farms received USD 1.6 million to expand the business. This company deals in growing lettuce organically.
  • In December 2017, A new company, Les Serres Vert Cannabis Inc. has been formed by the joint venture of Canopy Rivers Corporation and Canopy Growth Corporation. This joint venture is basically done for expansion in the production.

Competitive Analysis: Global Aquaponics & Hydroponics Systems and Equipment Market

Global aquaponics & hydroponics systems and equipment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Aquaponics & Hydroponics Systems and Equipment market for global, Europe, North America, Asia Pacific and South America.

Major Market Competitors/Players: Global Aquaponics & Hydroponics Systems and Equipment Market

Few of the major competitors currently working in aquaponics & hydroponics systems and equipment  market are   AMHYDRO, Aquaponic Lynx LLC, Argus Control Systems Ltd, Backyard Aquaponics, BetterGrow Hydro, Colorado Aquaponics, ECF Farmsystems, GreenTech Agro LLC, General Hydroponics, Hydrofarm, Hydrodynamics International, LivinGreen, My Aquaponics, Nelson and Pade, Inc.Pegasus Agriculture, Perth Aquaponics, UrbanFarmers AG

Research Methodology: Global Aquaponics & Hydroponics Systems and Equipment Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request An Analyst Call or can drop down your inquiry.

The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Key Insights in the report:

  • Complete and distinct analysis of the market drivers and restraints
  • Key Market players involved in this industry
  • Detailed analysis of the Market Segmentation
  • Competitive analysis of the key players involved

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