Hydroponics Market

The hydroponics market is projected to reach USD 60.36 billion by 2033, with a current valuation of USD 32.06 billion in 2023. It is anticipated to grow at a compound annual growth rate (CAGR) of 12.65% from 2023 to 2033. This market encompasses the cultivation of plants without soil, using nutrient-rich water-based solutions. Hydroponics, a technique with ancient origins, offers significant benefits such as accelerated plant growth, increased yields, and the versatility to grow crops in diverse settings like rooftops and greenhouses. The method also supports water and nutrient recycling and can be used for organic food production and space research. Despite its advantages, hydroponics demands substantial initial investment and technical expertise. Overall, this expanding market is transforming traditional agriculture by providing a more efficient, soil-free cultivation method.

The latest research report by Evolve Business Intelligence explores the various factors influencing the global market. It includes an analysis of the current market size, forecasts for key segments and regions, and the driving forces behind market growth. The report examines the potential impacts of key trends on business strategies and provides a SWOT analysis of critical sectors for each major competitor and customer group. This valuable data highlights the conglomerates likely to impact the industry, crucial for any company planning to invest strategically over the next five years. These insights complement our initial quantitative study, aiding in new investments and strategic planning to mitigate threats in existing sectors.

Segments covered

By basis of Type (Aggregate Systems, Liquid Systems)
By Basis Of Input (Nutrients, Rockwool)
By basis of equipment (HVAC, LED Grow Lights, Irrigation Systems, Material Handling, Control Systems, Others)
By Crop Type (Vegetables (Fruits, Flowers, Others)))

Key players

Signify Holdings
Argus Control Systems
Heliospectra
Scotts Miracle Gro
American Hydroponics
LumiGrow
Emerald Harvest
Hydroponic Systems International
Advanced Nutrients
Hydrodynamics International


CHAPTER 1. Executive Summary
CHAPTER 2. Scope of the Study
2.1. Market Definition
2.2. Market Scope & Segmentation
2.2.1. Objective of Report
CHAPTER 3. Evolve BI Methodology
3.1. Data Collection & Validation Approach
3.2. Market Size Estimation and Forecast
CHAPTER 4. Exclusive Analysis
4.1. Market Opportunity Score
4.1.1. Type Segement – Market Opportunity Score
4.1.2. Input Segment – Market Opportunity Score
4.1.3. EquipmentSegment – Market Opportunity Score
4.1.4. Crop type Segment – Market Opportunity Score
4.2. Key Market Influencing Indicators
CHAPTER 5. Market Insights and Trends
5.1. Value Chain Analysis
5.1.1. Type
5.1.2. Manufacturing Process
5.1.3. Distribution Channel
5.1.4. End User
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining Power of Buyers
5.2.2. Bargaining Power of Suppliers
5.2.3. Threat of New Entrant
5.2.4. Threat of Substitute
5.2.5. Industry Rivalry
5.3. COVID-19 Impact and Post COVID Scenario on Hydroponics Market
5.3.1. Impact of COVID-19
5.3.2. Government Support and Industry Revival Policies
5.3.3. Measures Taken by Companies to Mitigate Negative Impact
5.3.4. Post COVID Trend
CHAPTER 6. MArket Dynamics
6.1. Introduction
6.2. Drivers
6.2.1. Driver 1
6.2.2. Driver 2
6.2.3. Driver 3
6.3. Restraints
6.3.1. Restraint 1
6.3.2. Restraint 2
6.4. Opportunity
6.4.1. Opportunity 1
CHAPTER 7. Global Hydroponics Market, By Type
7.1. Introduction
7.1.1. Aggregate Systems
7.1.2. Liquid Systems
CHAPTER 8. Global Hydroponics Market, By Input
8.1. Introduction
8.1.1. Nutrients
8.1.2. Rockwool
CHAPTER 9. Global Hydroponics Market, By Equipment
9.1. Introduction
9.1.1. HVAC
9.1.2. LED Grow Lights
9.1.3. Irrigation Systems
9.1.4. Material Handling
9.1.5. Control Systems
9.1.6. Others
CHAPTER 10. Global Hydroponics Market, By Crop type
10.1. Introduction
10.1.1. Vegetables
10.1.2. Fruits
10.1.3. Flowers
10.1.4. Others
CHAPTER 11. Global Hydroponics Market, By Region
11.1. Introduction
11.2. NORTH AMERICA
11.2.1. North America: Market Size and Forecast, By Country, 2023 – 2033 ($ Million)
11.2.2. North America: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
11.2.3. North America: Market Size and Forecast, By Input, 2023 – 2033 ($ Million)
11.2.4. North America: Market Size and Forecast, By Equipment, 2023 – 2033 ($ Million)
11.2.5. North America: Market Size and Forecast, By Crop type, 2023 – 2033 ($ Million)
11.2.6. US
11.2.6.1. US: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
11.2.6.2. US: Market Size and Forecast, By Input, 2023 – 2033 ($ Million)
11.2.6.3. US: Market Size and Forecast, By Equipment, 2023 – 2033 ($ Million)
11.2.6.4. US: Market Size and Forecast, By Crop type, 2023 – 2033 ($ Million)
11.2.7. CANADA
11.2.7.1. Canada: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
11.2.7.2. Canada: Market Size and Forecast, By Input, 2023 – 2033 ($ Million)
11.2.7.3. Canada: Market Size and Forecast, By Equipment, 2023 – 2033 ($ Million)
11.2.7.4. Canada: Market Size and Forecast, By Crop type, 2023 – 2033 ($ Million)
11.2.8. MEXICO
11.2.8.1. Mexico: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
11.2.8.2. Mexico: Market Size and Forecast, By Input, 2023 – 2033 ($ Million)
11.2.8.3. Mexico: Market Size and Forecast, By Equipment, 2023 – 2033 ($ Million)
11.2.8.4. Mexico: Market Size and Forecast, By Crop type, 2023 – 2033 ($ Million)
11.3. Europe
11.3.1. Europe: Market Size and Forecast, By Country, 2023 – 2033 ($ Million)
11.3.2. Europe: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
11.3.3. Europe: Market Size and Forecast, By Input, 2023 – 2033 ($ Million)
11.3.4. Europe: Market Size and Forecast, By Equipment, 2023 – 2033 ($ Million)
11.3.5. Europe: Market Size and Forecast, By Crop type, 2023 – 2033 ($ Million)
11.3.6. U.K.
11.3.6.1. U.K.: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
11.3.6.2. U.K.: Market Size and Forecast, By Input, 2023 – 2033 ($ Million)
11.3.6.3. U.K.: Market Size and Forecast, By Equipment, 2023 – 2033 ($ Million)
11.3.6.4. U.K.: Market Size and Forecast, By Crop type, 2023 – 2033 ($ Million)
11.3.7. GERMANY
11.3.7.1. Germany: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
11.3.7.2. Germany: Market Size and Forecast, By Input, 2023 – 2033 ($ Million)
11.3.7.3. Germany: Market Size and Forecast, By Equipment, 2023 – 2033 ($ Million)
11.3.7.4. Germany: Market Size and Forecast, By Crop type, 2023 – 2033 ($ Million)
11.3.8. FRANCE
11.3.8.1. France: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
11.3.8.2. France: Market Size and Forecast, By Input, 2023 – 2033 ($ Million)
11.3.8.3. France: Market Size and Forecast, By Equipment, 2023 – 2033 ($ Million)
11.3.8.4. France: Market Size and Forecast, By Crop type, 2023 – 2033 ($ Million)
11.3.9. ITALY
11.3.9.1. Italy: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
11.3.9.2. Italy: Market Size and Forecast, By Input, 2023 – 2033 ($ Million)
11.3.9.3. Italy: Market Size and Forecast, By Equipment, 2023 – 2033 ($ Million)
11.3.9.4. Italy: Market Size and Forecast, By Crop type, 2023 – 2033 ($ Million)
11.3.10. SPAIN
11.3.10.1. Spain: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
11.3.10.2. Spain: Market Size and Forecast, By Input, 2023 – 2033 ($ Million)
11.3.10.3. Spain: Market Size and Forecast, By Equipment, 2023 – 2033 ($ Million)
11.3.10.4. Spain: Market Size and Forecast, By Crop type, 2023 – 2033 ($ Million)
11.3.11. BENELUX
11.3.11.1. BeNeLux: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
11.3.11.2. BeNeLux: Market Size and Forecast, By Input, 2023 – 2033 ($ Million)
11.3.11.3. BeNeLux: Market Size and Forecast, By Equipment, 2023 – 2033 ($ Million)
11.3.11.4. BeNeLux: Market Size and Forecast, By Crop type, 2023 – 2033 ($ Million)
11.3.12. RUSSIA
11.3.12.1. Russia: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
11.3.12.2. Russia: Market Size and Forecast, By Input, 2023 – 2033 ($ Million)
11.3.12.3. Russia: Market Size and Forecast, By Equipment, 2023 – 2033 ($ Million)
11.3.12.4. Russia: Market Size and Forecast, By Crop type, 2023 – 2033 ($ Million)
11.3.13. REST OF EUROPE
11.3.13.1. Rest of Europe: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
11.3.13.2. Rest of Europe: Market Size and Forecast, By Input, 2023 – 2033 ($ Million)
11.3.13.3. Rest of Europe: Market Size and Forecast, By Equipment, 2023 – 2033 ($ Million)
11.3.13.4. Rest of Europe: Market Size and Forecast, By Crop type, 2023 – 2033 ($ Million)
11.4. Asia Pacific
11.4.1. Asia Pacific: Market Size and Forecast, By Country, 2023 – 2033 ($ Million)
11.4.2. Asia Pacific: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
11.4.3. Asia Pacific: Market Size and Forecast, By Input, 2023 – 2033 ($ Million)
11.4.4. Asia Pacific: Market Size and Forecast, By Equipment, 2023 – 2033 ($ Million)
11.4.5. Asia Pacific: Market Size and Forecast, By Crop type, 2023 – 2033 ($ Million)
11.4.6. CHINA
11.4.6.1. China: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
11.4.6.2. China: Market Size and Forecast, By Input, 2023 – 2033 ($ Million)
11.4.6.3. China: Market Size and Forecast, By Equipment, 2023 – 2033 ($ Million)
11.4.6.4. China: Market Size and Forecast, By Crop type, 2023 – 2033 ($ Million)
11.4.7. JAPAN
11.4.7.1. Japan: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
11.4.7.2. Japan: Market Size and Forecast, By Input, 2023 – 2033 ($ Million)
11.4.7.3. Japan: Market Size and Forecast, By Equipment, 2023 – 2033 ($ Million)
11.4.7.4. Japan: Market Size and Forecast, By Crop type, 2023 – 2033 ($ Million)
11.4.8. INDIA
11.4.8.1. India: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
11.4.8.2. India: Market Size and Forecast, By Input, 2023 – 2033 ($ Million)
11.4.8.3. India: Market Size and Forecast, By Equipment, 2023 – 2033 ($ Million)
11.4.8.4. India: Market Size and Forecast, By Crop type, 2023 – 2033 ($ Million)
11.4.9. SOUTH KOREA
11.4.9.1. South Korea: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
11.4.9.2. South Korea: Market Size and Forecast, By Input, 2023 – 2033 ($ Million)
11.4.9.3. South Korea: Market Size and Forecast, By Equipment, 2023 – 2033 ($ Million)
11.4.9.4. South Korea: Market Size and Forecast, By Crop type, 2023 – 2033 ($ Million)
11.4.10. THAILAND
11.4.10.1. Thailand: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
11.4.10.2. Thailand: Market Size and Forecast, By Input, 2023 – 2033 ($ Million)
11.4.10.3. Thailand: Market Size and Forecast, By Equipment, 2023 – 2033 ($ Million)
11.4.10.4. Thailand: Market Size and Forecast, By Crop type, 2023 – 2033 ($ Million)
11.4.11. INDONESIA
11.4.11.1. Indonesia: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
11.4.11.2. Indonesia: Market Size and Forecast, By Input, 2023 – 2033 ($ Million)
11.4.11.3. Indonesia: Market Size and Forecast, By Equipment, 2023 – 2033 ($ Million)
11.4.11.4. Indonesia: Market Size and Forecast, By Crop type, 2023 – 2033 ($ Million)
11.4.12. MALAYSIA
11.4.12.1. Malaysia: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
11.4.12.2. Malaysia: Market Size and Forecast, By Input, 2023 – 2033 ($ Million)
11.4.12.3. Malaysia: Market Size and Forecast, By Equipment, 2023 – 2033 ($ Million)
11.4.12.4. Malaysia: Market Size and Forecast, By Crop type, 2023 – 2033 ($ Million)
11.4.13. AUSTRALIA
11.4.13.1. Australia: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
11.4.13.2. Australia: Market Size and Forecast, By Input, 2023 – 2033 ($ Million)
11.4.13.3. Australia: Market Size and Forecast, By Equipment, 2023 – 2033 ($ Million)
11.4.13.4. Australia: Market Size and Forecast, By Crop type, 2023 – 2033 ($ Million)
11.4.14. REST FO ASIA PACIFIC
11.4.14.1. Rest fo Asia Pacific: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
11.4.14.2. Rest fo Asia Pacific: Market Size and Forecast, By Input, 2023 – 2033 ($ Million)
11.4.14.3. Rest fo Asia Pacific: Market Size and Forecast, By Equipment, 2023 – 2033 ($ Million)
11.4.14.4. Rest fo Asia Pacific: Market Size and Forecast, By Crop type, 2023 – 2033 ($ Million)
11.5. South America
11.5.1. South America: Market Size and Forecast, By Country, 2023 – 2033 ($ Million)
11.5.2. South America: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
11.5.3. South America: Market Size and Forecast, By Input, 2023 – 2033 ($ Million)
11.5.4. South America: Market Size and Forecast, By Equipment, 2023 – 2033 ($ Million)
11.5.5. South America: Market Size and Forecast, By Crop type, 2023 – 2033 ($ Million)
11.5.6. BRAZIL
11.5.6.1. Brazil: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
11.5.6.2. Brazil: Market Size and Forecast, By Input, 2023 – 2033 ($ Million)
11.5.6.3. Brazil: Market Size and Forecast, By Equipment, 2023 – 2033 ($ Million)
11.5.6.4. Brazil: Market Size and Forecast, By Crop type, 2023 – 2033 ($ Million)
11.5.7. ARGENTINA
11.5.7.1. Argentina: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
11.5.7.2. Argentina: Market Size and Forecast, By Input, 2023 – 2033 ($ Million)
11.5.7.3. Argentina: Market Size and Forecast, By Equipment, 2023 – 2033 ($ Million)
11.5.7.4. Argentina: Market Size and Forecast, By Crop type, 2023 – 2033 ($ Million)
11.5.8. REST OF SOUTH AMERICA
11.5.8.1. Rest of South America: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
11.5.8.2. Rest of South America: Market Size and Forecast, By Input, 2023 – 2033 ($ Million)
11.5.8.3. Rest of South America: Market Size and Forecast, By Equipment, 2023 – 2033 ($ Million)
11.5.8.4. Rest of South America: Market Size and Forecast, By Crop type, 2023 – 2033 ($ Million)
11.6. Middle East & Africa
11.6.1. Middle East & Africa: Market Size and Forecast, By Country, 2023 – 2033 ($ Million)
11.6.2. Middle East & Africa: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
11.6.3. Middle East & Africa: Market Size and Forecast, By Input, 2023 – 2033 ($ Million)
11.6.4. Middle East & Africa: Market Size and Forecast, By Equipment, 2023 – 2033 ($ Million)
11.6.5. Middle East & Africa: Market Size and Forecast, By Crop type, 2023 – 2033 ($ Million)
11.6.6. SAUDI ARABIA
11.6.6.1. Saudi Arabia: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
11.6.6.2. Saudi Arabia: Market Size and Forecast, By Input, 2023 – 2033 ($ Million)
11.6.6.3. Saudi Arabia: Market Size and Forecast, By Equipment, 2023 – 2033 ($ Million)
11.6.6.4. Saudi Arabia: Market Size and Forecast, By Crop type, 2023 – 2033 ($ Million)
11.6.7. UAE
11.6.7.1. UAE: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
11.6.7.2. UAE: Market Size and Forecast, By Input, 2023 – 2033 ($ Million)
11.6.7.3. UAE: Market Size and Forecast, By Equipment, 2023 – 2033 ($ Million)
11.6.7.4. UAE: Market Size and Forecast, By Crop type, 2023 – 2033 ($ Million)
11.6.8. EGYPT
11.6.8.1. Egypt: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
11.6.8.2. Egypt: Market Size and Forecast, By Input, 2023 – 2033 ($ Million)
11.6.8.3. Egypt: Market Size and Forecast, By Equipment, 2023 – 2033 ($ Million)
11.6.8.4. Egypt: Market Size and Forecast, By Crop type, 2023 – 2033 ($ Million)
11.6.9. SOUTH AFRICA
11.6.9.1. South Africa: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
11.6.9.2. South Africa: Market Size and Forecast, By Input, 2023 – 2033 ($ Million)
11.6.9.3. South Africa: Market Size and Forecast, By Equipment, 2023 – 2033 ($ Million)
11.6.9.4. South Africa: Market Size and Forecast, By Crop type, 2023 – 2033 ($ Million)
11.6.10. REST OF MIDDLE EAST & AFRICA
11.6.10.1. Rest of Middle East & Africa: Market Size and Forecast, By Type, 2023 – 2033 ($ Million)
11.6.10.2. Rest of Middle East & Africa: Market Size and Forecast, By Input, 2023 – 2033 ($ Million)
11.6.10.3. Rest of Middle East & Africa: Market Size and Forecast, By Equipment, 2023 – 2033 ($ Million)
11.6.10.4. Rest of Middle East & Africa: Market Size and Forecast, By Crop type, 2023 – 2033 ($ Million)
CHAPTER 12. Competitive Landscape
12.1. Competitior Benchmarking 2023
12.2. Market Share Analysis
12.3. Key Developments Analysis By Top 5 Companies
12.4. Market Share Acquisition Strategies: Analysis of Key Approaches Employed by Top Players
CHAPTER 13. Company Profiles
13.1. Signify Holdings
13.1.1. Business Overview
13.1.2. Financial Analysis
13.1.2.1. Business Segment Revenue, 2018, 2019, 2020, $ Million
13.1.2.2. Geographic Revenue Mix, 2020 (% Share)
13.1.3. Product Portfolio
13.1.4. Recent Development and Strategies Adopted
13.1.5. SWOT Analysis
13.2. Argus Control Systems
13.3. Heliospectra
13.4. Scotts Miracle Gro
13.5. American Hydroponics
13.6. LumiGrow
13.7. Emerald Harvest
13.8. Hydroponic Systems International
13.9. Advanced Nutrients
13.10. Hydrodynamics International

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