Global Hydroponics Technologies Market 2020-2024

Global Hydroponics Technologies Market 2020-2024

Technavio has been monitoring the hydroponics technologies market and it is poised to grow by USD 450.18 mn during 2020-2024 progressing at a CAGR of 15% during the forecast period. Our reports on hydroponics technologies market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the facilitation in soil and space saving, the need for reduction in soil and water pollution and an increase in the offering of certified products. In addition, facilitation in soil and space saving is anticipated to boost the growth of the market as well.

The hydroponics technologies market analysis includes technology segment and geographical landscapes

Technavio's hydroponics technologies market is segmented as below:

By Technology

  • Grow lights
  • Farm management systems
  • Material handling systems
By Geographic Landscapes
  • Europe
  • APAC
  • North America
  • South America
  • MEA
This study identifies the increase in offering of advanced hydroponic growing systems as one of the prime reasons driving the hydroponics technologies market growth during the next few years. Also, launch of energy-efficient LED grow lights and increase in use of automation in hydroponic technologies will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our hydroponics technologies market covers the following areas:
  • Hydroponics technologies market sizing
  • Hydroponics technologies market forecast
  • Hydroponics technologies market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading hydroponics technologies market vendors that include Advanced LED Grow Lights, American Hydroponics, CropKing Inc., Growers Supply, Honeywell International Inc., Koninklijke Philips NV, Nutriculture Grow Systems, Oxygen Pot Systems, Siemens AG, and SuperCloset. Also, the hydroponics technologies market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.


  • Executive Summary
  • Market Landscape
    • Market ecosystem
      • Parent market
        • Table Parent market
      • Market characteristics
        • Table Market characteristics
    • Value chain analysis
      • Table Value chain analysis: Agricultural products
      • Introduction
      • Pre-production
      • Harvest production
      • Post-harvesting
      • Outbound logistics
      • Marketing and sales
      • Service
      • End-customers
      • Industry innovations
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024
      • Market outlook
      • Impact of Covid-19 on Industrial Sector
        • Table Global - Market size and forecast 2019 - 2024 ($ million)
        • Table Global hydroponics technologies market 2019-2024 ($ million), exclusive of COVID-19 impact
        • Table Global market: Year-over-year growth 2019 - 2024 (%)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis 2019 & 2024
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2019
  • Market Segmentation by Technology
    • Market segments
      • Table Technology - Market share 2019-2024 (%)
    • Comparison by Technology
      • Table Comparison by Technology
    • Environment and climate control systems - Market size and forecast 2019-2024
      • Table Environment and climate control systems- Market size and forecast 2019-2024 ($ million)
      • Table Environment and climate control systems - market size and forecast 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table Environment and climate control systems- Year-over-year growth 2019-2024 (%)
    • Grow lights- Market size and forecast 2019-2024
      • Table Grow lights- Market size and forecast 2019-2024 ($ million)
      • Table Grow lights - market size and forecast 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table Grow lights- Year-over-year growth 2019-2024 (%)
      • Fluorescent Grow Lights for Hydroponics
      • HID Lights for Hydroponic Systems
      • Led Lighting Fixtures
      • Other's
    • Farm management systems- Market size and forecast 2019-2024
      • Table Farm management systems- Market size and forecast 2019-2024 ($ million)
      • Table Farm management systems - market size and forecast 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table Farm management systems- Year-over-year growth 2019-2024 (%)
    • Material handling systems - Market size and forecast 2019-2024
      • Table Material handling systems - Market size and forecast 2019-2024 ($ million)
      • Table Material handling systems - market size and forecast 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table Material handling systems - Year-over-year growth 2019-2024 (%)
    • Market opportunity by Technology
      • Table Market opportunity by Technology
  • Customer landscape
    • Table Customer landscape
  • Geographic Landscape
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
    • Geographic comparison
      • Table Geographic comparison
    • Europe - Market size and forecast 2019-2024
      • Table Europe - Market size and forecast 2019-2024 ($ million)
      • Table Europe - market size and forecast 2019-2024 ($ million), exclusive of COVID- 19 impact
      • Table Europe - Year-over-year growth 2019-2024 (%)
    • APAC - Market size and forecast 2019-2024
      • Table APAC - Market size and forecast 2019-2024 ($ million)
      • Table APAC- market size and forecast 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table APAC - Year-over-year growth 2019-2024 (%)
    • North America - Market size and forecast 2019- 2024
      • Table North America - Market size and forecast 2019-2024 ($ million)
      • Table North America- market size and forecast 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table North America - Year-over-year growth 2019-2024 (%)
    • South America - Market size and forecast 2019- 2024
      • Table South America - Market size and forecast 2019-2024 ($ million)
      • Table South America- market size and forecast 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table South America - Year-over-year growth 2019-2024 (%)
    • MEA - Market size and forecast 2019-2024
      • Table MEA - Market size and forecast 2019-2024 ($ million)
      • Table MEA- market size and forecast 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table MEA - Year-over-year growth 2019-2024 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Facilitation in soil and space saving
      • Need for reduction in soil and water pollution
      • Increase in offering of certified products
    • Market challenges
      • High investment cost of hydroponic technologies
      • Lack of skilled labor required for operating hydroponic technologies equipped farms
      • Limitations associated with farming
        • Table Impact of drivers and challenges
    • Market trends
      • Increase in offering of advanced hydroponic growing systems
      • Launch of energy-efficient LED grow lights
      • Increase in use of automation in hydroponic technologies
  • Vendor Landscape
    • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
      • Industry risks
        • Table Industry risks
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Advanced LED Grow Lights
      • Table Advanced LED Grow Lights - Overview
      • Table Advanced LED Grow Lights - Product and service
      • Table Advanced LED Grow Lights - Key offerings
    • American Hydroponics
      • Table American Hydroponics - Overview
      • Table American Hydroponics - Product and service
      • Table American Hydroponics - Key offerings
    • CropKing Inc.
      • Table CropKing Inc. - Overview
      • Table CropKing Inc. - Product and service
      • Table CropKing Inc. - Key news
      • Table CropKing Inc. - Key offerings
    • Growers Supply
      • Table Growers Supply - Overview
      • Table Growers Supply - Product and service
      • Table Growers Supply - Key offerings
    • Honeywell International Inc.
      • Table Honeywell International Inc. - Overview
      • Table Honeywell International Inc. - Business segments
      • Table Honeywell International Inc. - Key offerings
      • Table Honeywell International Inc. - Segment focus
    • Koninklijke Philips NV
      • Table Koninklijke Philips NV - Overview
      • Table Koninklijke Philips NV - Business segments
      • Table Koninklijke Philips NV - Key news
      • Table Koninklijke Philips NV - Key offerings
      • Table Koninklijke Philips NV - Segment focus
    • Nutriculture Grow Systems
      • Table Nutriculture Grow Systems - Overview
      • Table Nutriculture Grow Systems - Product and service
      • Table Nutriculture Grow Systems - Key offerings
    • Oxygen Pot Systems
      • Table Oxygen Pot Systems - Overview
      • Table Oxygen Pot Systems - Product and service
      • Table Oxygen Pot Systems - Key offerings
    • Siemens AG
      • Table Siemens AG - Overview
      • Table Siemens AG - Business segments
      • Table Siemens AG - Key news
      • Table Siemens AG - Key offerings
      • Table Siemens AG - Segment focus
    • SuperCloset
      • Table SuperCloset - Overview
      • Table SuperCloset - Product and service
      • Table SuperCloset - Key offerings
  • Appendix
    • Scope of the report
      • Market definition
      • Objective
      • Notes and caveats
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research Methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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