North America Hydroponics Market By Equipment (HVAC, LED Grow Light, Communication Technology, Irrigation Systems, Material Handling, Control Systems & Others), By Type (Aggregate (Closed Systems (The Water Culture System, The EBB And Flow System, Drip Systems, And The Wick System), Open Systems) & Liquid (Nutrient Film Technique (NFT), Floating Hydroponics, And Aeroponics)), By Crop Type (Tomato, Lettuce & Leafy Vegetables, Cucumber, Pepper & Strawberry), & By Input Type (Nutrients, Growth Medium), And By Region – Industry Analysis, Share, Size, Growth, Trends, And Forecasts (2018-2023)

North America Hydroponics Market By Equipment (HVAC, LED Grow Light, Communication Technology, Irrigation Systems, Material Handling, Control Systems & Others), By Type (Aggregate (Closed Systems (The Water Culture System, The EBB And Flow System, Drip Systems, And The Wick System), Open Systems) & Liquid (Nutrient Film Technique (NFT), Floating Hydroponics, And Aeroponics)), By Crop Type (Tomato, Lettuce & Leafy Vegetables, Cucumber, Pepper & Strawberry), & By Input Type (Nutrients, Growth Medium), And By Region – Industry Analysis, Share, Size, Growth, Trends, And Forecasts (2018-2023)

ID: 2107 | Pages: 136 | April 2018 | Region: North America


Overview of the Market:
North America Hydroponics Market was estimated to be USD 57.92million in 2018 and is predicted to reach USD 128.63 million by 2023 with a CAGR of 17.3 %.

Hydroponics is a part of hydroculture, the technique for developing plants without soil, utilizing mineral nutrient solutions in a water solvent. Hydroponics allows you to grow any plant regardless of climate and conditions by supplying them sufficient nutrients. The supplements in hydroponics can be from fish waste, duck compost, or ordinary supplements.

One of the important drivers is that hydroponics gives higher yield compared with conventional agricultural techniques. It additionally gives farmers the capacity to develop crops in regions that can't support crops in soil. Moreover, hydroponics removes the use of counterfeit maturing operators and pesticides, which helps in making nutritiously superior vegetable items. Lack of awareness about the hydroponic agriculture system and high investment are some of the factors restraining the market growth to an extent.

North America Hydroponics Market is segmented based on Equipment, Type, Crop Type and Input Type. Based on Equipment, the market is segmented into HVAC, LED Grow Light, Communication Technology, Irrigation Systems, Material Handling, and Control Systems. Based on Type, the market is segmented into Aggregate & Liquid. Based on Crop Type, the market is further segmented into Tomato, Lettuce & Leafy Vegetables, Cucumber, Pepper & Strawberry. Based on Input type, the market is further segmented into Nutrients, Growth Medium. On the basis of Aggregate hydroponics systems, the market is further segmented into Closed Systems, Open Systems. Based on Liquid Hydroponic systems, the market is segmented into Nutrient Film Technique (NFT), Floating Hydroponics, and Aeroponics. On the basis of Closed systems, the market is further segmented into The Water Culture System, The EBB and Flow System, Drip Systems, and The Wick System. HVAC has the largest market share, followed by LED grow lights, in 2014. HVAC is dominating the market as heating, ventilation, and air-conditioning are the major elements required to create a controlled environment for hydroponic cultivation.

Geographical Analysis: 
Geographically, the market is further segmented into US and Canada. North America is the second largest market and fastest growing region in the world owing to its advanced agricultural techniques, the strong presence of major players and increasing Demand for Healthy food.

Key Players in this Market: 
Major Players dominating the market are Argus Control Systems, Koninklijke Philips NV, Greentech Agro LLC, Logiqs B.V., and Lumigrow, Inc.

1.Introduction                                  

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods                          

                1.4 General Study Assumptions                

  1. Research Methodology                                           

                2.1 Introduction                               

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research 

                                2.2.3 Econometric Modelling      

                                2.2.4 Expert Validation  

                2.3 Analysis Design                         

                2.4 Study Timeline                          

  1. Overview                                       

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                              

  1. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                    

                4.1 Market Drivers                          

                4.2 Market Restraints                    

                4.3 Key Challenges                         

                4.4 Current Opportunities in the Market                              

  1. Market Segmentation                                              

                5.1 Equipment                  

                                5.1.1 Introduction           

                                5.1.2 HVAC         

                                5.1.3 LED Grow Light      

                                5.1.4 Communication Technology            

                                5.1.5  Irrigation Systems               

                                5.1.6  Material Handling                

                                5.1.7  Control Systems  

                                5.1.8 Y-o-Y Growth Analysis, By Equipment         

                                5.1.9 Market Attractiveness Analysis, By Equipment       

                                5.1.10 Market Share Analysis, By Equipment      

                5.2 Type                              

                                5.2.1 Introduction           

                                5.2.2 Aggregate               

                                5.2.3 Liquid        

                                5.2.4 Y-o-Y Growth Analysis, By Type     

                                5.2.5 Market Attractiveness Analysis, By Type   

                                5.2.6 Market Share Analysis, By Type     

                5.3 Crop Type                   

                                5.3.1 Introduction           

                                5.3.2 Y-o-Y Growth Analysis, By Crop Type           

                                5.3.3 Market Attractiveness Analysis, By Crop Type         

                                5.3.4 Market Share Analysis, By Crop Type          

                5.4 Input Type                  

                                5.4.1 Introduction           

                                5.4.2 Y-o-Y Growth Analysis, By Crop Type           

                                5.4.3 Market Attractiveness Analysis, By Crop Type         

                                5.4.4 Market Share Analysis, By Crop Type          

  1. Geographical Analysis                                              

                6.1 Introduction                               

                                6.1.1 Regional Trends    

                                6.1.2 Impact Analysis     

                                6.1.3 Y-o-Y Growth Analysis        

                                                6.1.3.1 By Geographical Area

                                                6.1.3.2 By Equipment

                                                6.1.3.3 By Type

                                                6.1.3.4 By Crop Type

                                                6.1.3.5 By Input Type

                                6.1.4  Market Attractiveness Analysis     

                                                6.1.4.1 By Geographical Area

                                                6.1.4.2 By Equipment

                                                6.1.4.3 By Type

                                                6.1.4.4  By Crop Type

                                                6.1.4.5 By Input Type

                                6.1.5  Market Share Analysis      

                                                6.1.5.1 By Geographical Area

                                                6.1.5.2 By Equipment

                                                6.1.5.3 By Type

                                                6.1.5.4  By Crop Type

                                                6.1.5.5 By Input Type

                6.2 United States                            

                6.3 Canada                         

7.Strategic Analysis                                        

                7.1 PESTLE analysis                         

                                7.1.1 Political     

                                7.1.2 Economic 

                                7.1.3 Social         

                                7.1.4 Technological         

                                7.1.5 Legal          

                                7.1.6 Environmental       

                7.2 Porter’s Five analysis                              

                                7.2.1 Bargaining Power of Suppliers        

                                7.2.2 Bargaining Power of Consumers    

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services              

                                7.2.5 Competitive Rivalry within the Industry     

8.Market Leaders' Analysis                                         

                8.1 Argus Control Systems                          

                                8.1.1 Overview 

                                8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

                                8.1.4 Recent Developments       

                                8.1.5 SWOT analysis       

                                8.1.6 Analyst View          

                8.2 Koninklijke Philips NV                            

                8.3 Greentech Agro LLC                

                8.4 , Logiqs B.V.                

                8.5 Lumigrow, Inc.                          

9.Competitive Landscape                                            

                9.1 Market share analysis                            

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures                         

                9.4 New Product Launches                         

10.Market Outlook and Investment Opportunities                                          

Appendix                                           

  1. a) List of Tables                
  2. b) List of Figures                               
  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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1. North America Hydroponics Market By Equipment, From 2018-2023 ( USD Million )
2. North America HVAC Market By Region, From 2018-2023 ( USD Million )
3. North America LED Grow Light Market By Region, From 2018-2023 ( USD Million )
4. North America Communication Technology Market By Region, From 2018-2023 ( USD Million )
5. North America Irrigation Systems Market By Region, From 2018-2023 ( USD Million )
6. North America Material Handling Market By Region, From 2018-2023 ( USD Million )
7. North America Control Systems Market By Region, From 2018-2023 ( USD Million )
8. North America Others Market By Region, From 2018-2023 ( USD Million )
9. North America Hydroponics Market By Type, From 2018-2023 ( USD Million )
10. North America Aggregate Market By Region, From 2018-2023 ( USD Million )
11. North America Liquid Market By Region, From 2018-2023 ( USD Million )
12. North America Hydroponics Market By Crop Type, From 2018-2023 ( USD Million )
13. North America Tomato Market By Region, From 2018-2023 ( USD Million )
14. North America Lettuce & Leafy Vegetables Market By Region, From 2018-2023 ( USD Million )
15. North America Cucumber Market By Region, From 2018-2023 ( USD Million )
16. North America Pepper Market By Region, From 2018-2023 ( USD Million )
17. North America Strawberry Market By Region, From 2018-2023 ( USD Million )
18. North America Hydroponics Market By Input Type, From 2018-2023 ( USD Million )
19. North America Nutrients Market By Region, From 2018-2023 ( USD Million )
20. North America Growth Medium Market By Region, From 2018-2023 ( USD Million )
21. United States Hydroponics Market By Equipment, From 2018-2023 ( USD Million )
22. United States Hydroponics Market By Type, From 2018-2023 ( USD Million )
23. United States Hydroponics Market By Crop Type, From 2018-2023 ( USD Million )
24. United States Hydroponics Market By Input Type, From 2018-2023 ( USD Million )
25. Canada Hydroponics Market By Equipment, From 2018-2023 ( USD Million )
26. Canada Hydroponics Market By Type, From 2018-2023 ( USD Million )
27. Canada Hydroponics Market By Crop Type, From 2018-2023 ( USD Million )
28. Canada Hydroponics Market By Input Type, From 2018-2023 ( USD Million )
29. North America Blood Glucose Monitoring Market By Aggregate, From 2018-2023 ( USD Million )
30. North America Closed Systems Market By Region, From 2018-2023 ( USD Million )
31. North America Open Systems Market By Region, From 2018-2023 ( USD Million )
32. United States Blood Glucose Monitoring Market By Aggregate, From 2018-2023 ( USD Million )
33. Canada Blood Glucose Monitoring Market By Aggregate, From 2018-2023 ( USD Million )
34. North America Hydroponics Market By Aggregate, From 2018-2023 ( USD Million )
35. North America Closed Systems Market By Region, From 2018-2023 ( USD Million )
36. North America Open Systems Market By Region, From 2018-2023 ( USD Million )
37. United States Hydroponics Market By Aggregate, From 2018-2023 ( USD Million )
38. Canada Hydroponics Market By Aggregate, From 2018-2023 ( USD Million )
39. North America Hydroponics Market By Closed Systems, From 2018-2023 ( USD Million )
40. North America The Water Culture System Market By Region, From 2018-2023 ( USD Million )
41. North America The EBB and Flow System Market By Region, From 2018-2023 ( USD Million )
42. North America Drip Systems Market By Region, From 2018-2023 ( USD Million )
43. North America The Wick System Market By Region, From 2018-2023 ( USD Million )
44. United States Hydroponics Market By Closed Systems, From 2018-2023 ( USD Million )
45. Canada Hydroponics Market By Closed Systems, From 2018-2023 ( USD Million )
46. North America Hydroponics Market By Liquid, From 2018-2023 ( USD Million )
47. North America 5.2.3.1 Nutrient Film Technique (NFT) Market By Region, From 2018-2023 ( USD Million )
48. North America 5.2.3.2 Floating Hydroponics Market By Region, From 2018-2023 ( USD Million )
49. North America 5.2.3.3 Aeroponics Market By Region, From 2018-2023 ( USD Million )
50. United States Hydroponics Market By Liquid, From 2018-2023 ( USD Million )
51. Canada Hydroponics Market By Liquid, From 2018-2023 ( USD Million )

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