Global aquaponics and hydroponics systems and equipment market is driven by optimal and maximus output with minimum input, which is projecting a rise in estimated value from USD 1.16 billion in 2018 to an estimated value of USD 3.67 billion by 2026, registering a CAGR of 15.8% in the forecast period of 2019-2026.
Aquaponics & hydroponics systems and equipments can be defined as a process of cultivation of plants and water animals. Hydroponics can be defined as growing of plants without the usage of soil but with added nutrients whereas aquaponics can be defined as integration of aquaculture and hydroponics where the waste from aquatic animals provide nutrients to plants and the plants naturally cleans or filter the water for aquatic animals.
This Global Aquaponics & Hydroponics Systems and Equipment marketing research report assists in planning by providing accurate and state-of-the-art information about the consumer’s demands, their buying preferences, attitudes and their changing tastes about the specific product. To generate this global market research report, the data is collected from the diverse corners of the globe by an experienced team of language resources. Statistical and numerical data covered in the report is represented using graphs and tables which simplify the understanding of facts and figures. Market segmentation analysis carried out in this global market research report with respect to product type, applications, and geography is very supportive in taking any verdict about the products.
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Major Market Competitors/Players: Global Aquaponics & Hydroponics Systems and Equipment Market
Few of the major competitors currently working in aquaponics & hydroponics systems and equipment market are
- Aquaponic Lynx LLC
- Argus Control Systems Ltd
- Backyard Aquaponics
- BetterGrow Hydro
- Colorado Aquaponics
- ECF Farmsystems
- GreenTech Agro LLC
- General Hydroponics
- Hydrodynamics International
- My Aquaponics
- Nelson and Pade Inc.
- Pegasus Agriculture
- Perth Aquaponics
- UrbanFarmers AG
Competitive Analysis: Global Aquaponics & Hydroponics Systems and Equipment Market
Global aquaponics & hydroponics systems and equipment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of Aquaponics & Hydroponics Systems and Equipment market for global, Europe, North America, Asia Pacific and South America.
- It is very cost effective where the maximum output can be generated with minimal usage of inputs.
- These processes do not require huge land space or heavy investment as integration of aquaculture and hydroponic reduces the external costs.
- Increase in the demand for the organic fruits and vegetable.
- Lack of awareness, knowledge and education among the developing countries across the globe as it require proper knowledge.
- Scarcity of water in Middle East and many countries is one of the major barrier to these techniques.
- Lack of technology within many countries across the globe which is continuously restraining the growth of the market
Table of Content:
01: Executive Summary
02: Scope of The Report
03: Market Landscape
04: Market Sizing
05: Market Segmentation by Product
06: Five Forces Analysis
07: Customer Landscape
08: Geographic Landscape
09: Decision Framework
10: Drivers and Challenges
11: Market Trends
12: Vendor Landscape
13: Vendor Analysis
Table of Contents Available For this Market Download Free TOC : https://databridgemarketresearch.com/toc/?dbmr=global-aquaponics-hydroponics-systems-and-equipment-market
Key Developments in the Market:
- In February 2018, Spring work farms received USD 1.6 million to expand the business. This company deals in growing lettuce organically.
- In December 2017, A new company, Les Serres Vert Cannabis Inc. has been formed by the joint venture of Canopy Rivers Corporation and Canopy Growth Corporation. This joint venture is basically done for expansion in the production.
Key Insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key Market players involved in this industry
- Detailed analysis of the Market Segmentation
- Competitive analysis of the key players involved
Segmentation: Global Aquaponics & Hydroponics Systems and Equipment Market
- By Systems
- Nutrient Film Techniques (NFT)
- Deep-Water Culture Systems
- Media Filled Grow Beds
- Ebb & Flow Systems
- By Equipment
- LED Grow Lights
- Irrigation Systems
- Aeration Systems
- By Produce
- By Geography
- North America
- South America
- Middle East and Africa
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