Aquaponics and Hydroponic Systems and Equipment Market Size Worth USD 20.56 Billion in 2028

Increasing demand for food globally and ability of the equipment to provide higher yield than conventional farming are key factors driving market revenue growth

The report provides an in-depth analysis of the competitive landscape, along with company profiling of key players involved in the global Aquaponics and Hydroponic Systems and Equipment market drivers and restraints market. 

The global aquaponics and hydroponic systems and equipment market size reached USD 6.63 billion in 2020 and is expected to register a revenue CAGR of 15.3% during the forecast period, according to latest analysis by Emergen Research. Increasing population over the years has resulted in high demand for food, which, in turn, is anticipated to drive market revenue growth. 

In the Global Aquaponics and Hydroponic Systems and Equipment Market Research Report published by Emergen Research, key business details are analyzed along with a geographical overview of the Aquaponics and Hydroponic Systems and Equipment industry, which provides extensive analysis of this sector. This study provides a comprehensive look at the Aquaponics and Hydroponic Systems and Equipment market from both a qualitative and quantitative perspective as well as crucial statistical information about the market. Furthermore, the report describes emerging and established players of the market, providing an overview of their business, their product portfolio, their strategic alliances, and their plans for expansion.

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In view of the current COVID-19 pandemic, the growth of the Aquaponics and Hydroponic Systems and Equipment industry is expected to be significantly affected, especially due to movement restrictions and lockdowns affecting supply and demand. There has been a significant impact of the COVID-19 pandemic on several sectors of the global market. The Aquaponics and Hydroponic Systems and Equipment sector is expected to be affected too. The economic slowdown and dynamic changes in the demands will also adversely affect the growth of the industry. The report covers the impact analysis of the COVID-19 pandemic on the overall Aquaponics and Hydroponic Systems and Equipment industry.

 Key Companies Profiled in the Report:

BetterGrow Hydro Inc., American Hydroponics (AmHydro), GreenTech Agro LLC, Hydrofarm LLC., UrbanFarmers Ltd, Perth Aquaponics, Endless Food Systems, Aquaponic Lynx LLC, Nelson and Pade Inc., and Pegasus Agriculture Group

Report Highlights:

  • Besides offering a vivid depiction of the global Aquaponics and Hydroponic Systems and Equipment business sphere and its fundamental operations, the latest report provides the industrial chain analysis and list down the current and future market trends and growth opportunities.
  • The report scrutinizes the salient factors influencing the growth of the market in the near future.
  • The strategic marketing recommendations, crucial information related to the new market entrants, and expansion plans of various businesses are poised to provide the reader with a competitive edge in the market.

Additionally, the report covers the analysis of the key players in the industry with a special focus on their global position, financial status, and their recent developments. Porter’s Five Forces Analysis and SWOT analysis have been covered by the report to provide relevant data on the competitive landscape.

Key regions in the market include:

  • North America
    • S.
    • Canada
  • Europe
    • K.
    • Italy
    • Germany
  • Asia Pacific
    • India
    • Japan
    • China
  • Latin America
    • Chile
    • Brazil
    • Argentina
    • Rest of Latin America
  • Middle East & Africa
    • Saudi Arabia
    • A.E.

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 Aquaponics and Hydroponic Systems and Equipment Market Segmentation:

  • Equipment Outlook (Revenue, USD Billion; 2018–2028)

    • LED Grow Lights
    • Aeration System
    • Heating, Ventilation, and Air Conditioning (HVAC)
    • Irrigation Systems
    • Water Pumps
  • Technique Outlook (Revenue, USD Billion; 2018–2028)

    • Wick System
    • Nutrient Film Technique
    • Deep-water Culture System
    • Ebb and Flow System
    • Media-filled Grow bed

 

Key Benefits for Stakeholders:

  • The report provides an extensive analysis of the current and future trends in the global minimally invasive surgical systems market to elucidate the imminent investment pockets.
  • A detailed analysis of the factors that drive and restrict the growth of the minimally invasive surgical systems market is provided.
  • Extensive analysis of key segments demonstrates the types of energy devices, access equipment, and visualization & documentation systems used in minimally invasive surgeries.
  • A comprehensive analysis of the geographical landscape provides detailed information about various regions across North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
  • The report offers a competitive landscape of the minimally invasive surgical systems market to assist players to gain insights into the competition scenario. Key companies operating in the market are profiled to provide valuable insights.

The report focuses on current and future market growth, technological advancements, volume, raw materials, and profiles of the key companies involved in the market. The report provides valuable insights to the stakeholders, investors, product managers, marketing executives, and other industry professionals.

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