Global Aquaponics & Hydroponics Systems and Equipment Market, By Equipment (LED Grow Lights, HVAC, Irrigation Systems, Aeration Systems), Systems (Nutrient Film Techniques {NFT}, Deep-Water Culture Systems, Media Filled Grow Beds, Ebb and Flow Systems), Application (Vegetable, Herbs, Fruits, Fish), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Aquaponics and Hydroponics Systems and Equipment Market
The aquaponics & hydroponics systems and equipment market is expected to witness market growth at a rate of approximately 15.5% in the forecast period of 2021 to 2028. Data Bridge Market Research report on aquaponics & hydroponics systems and equipment market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the demand for organic fruits and vegetables across the globe is escalating the growth of aquaponics & hydroponics systems and equipment market.
Aquaponics & hydroponics systems and equipment refer to equipment used in the process of cultivation of plants and water animals. Hydroponics could be defined as growing of plants without the usage of soil but with added nutrients. Aquaponics are identified as integration of aquaculture and hydroponics where the wastage from aquatic animals provides nutrients to plants and the plants naturally cleans or filters the water for the aquatic animals. Aquaponics and hydroponics systems are known to improve the productivity of the end produce with minimum inputs.
The increase in the demand for food and high adoption of aquaponics and hydroponics systems by plant growers due to the rise in population worldwide act as the major factors driving the aquaponics & hydroponics systems and equipment market. The growth in awareness regarding the benefits offered by it such as higher productivity among consumers, limited requirement of water for farming with its use and decreased arable land accelerate the aquaponics & hydroponics systems and equipment market growth. The growth in popularity of these systems among farmers as it is known to reduce the time for crop production, especially of off-season crops and the cost-effectiveness of these systems influence the aquaponics & hydroponics systems and equipment market. Additionally, the growth in population, acceptance of advanced farming technology, rise in need for high quality of food and increasing awareness related to advanced farming techniques positively affect the aquaponics & hydroponics systems and equipment market. Furthermore, rise in need for organic fruits and vegetable and technological advancement extend profitable opportunities to the aquaponics & hydroponics systems and equipment market players in the forecast period of 2021 to 2028.
On the other hand, scarcity of water in Middle East and several other nations and limited awareness and knowledge regarding the advanced technology especially in the developing nations are the factors expected to obstruct the aquaponics & hydroponics systems and equipment market growth. Lack of technology within various countries especially with emerging economies is projected to challenge the aquaponics & hydroponics systems and equipment market players in the forecast period of 2021-2028.
This aquaponics & hydroponics systems and equipment market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on aquaponics & hydroponics systems and equipment market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Aquaponics & Hydroponics Systems and Equipment Market Scope and Market Size
The aquaponics & hydroponics systems and equipment market is segmented on the basis of equipment, systems and application. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of equipment, the aquaponics & hydroponics systems and equipment market is segmented into LED grow lights, HVAC, irrigation systems and aeration systems.
- On the basis of systems, the aquaponics & hydroponics systems and equipment market is segmented into nutrient film techniques {NFT}, deep-water culture systems, media filled grow beds, and Ebb and flow systems.
- On the basis of application, the aquaponics & hydroponics systems and equipment market is segmented into vegetable, herbs, fruits and fish.
Global Aquaponics & Hydroponics Systems and Equipment Market Country Level Analysis
The aquaponics & hydroponics systems and equipment market is analyzed and market size, volume information is provided by country, equipment, systems and application as referenced above.
The countries covered in the aquaponics & hydroponics systems and equipment market report are the U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific is expected to witness significant growth during the forecast period of 2021 to 2028 due to the farmers and the rising investment by government for innovative farming solutions in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Aquaponics & Hydroponics Systems and Equipment Market Share Analysis
The aquaponics & hydroponics systems and equipment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to aquaponics & hydroponics systems and equipment market.
The major players covered in the aquaponics & hydroponics systems and equipment market report 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 among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated 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 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. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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