(Food-Beverage-News.Com, November 28, 2017 ) According to the report North America Hydroponics Market, published by Market Data Forecast, the North America market is projected to reach USD 110.6 million by 2022, at a CAGR of 17.3% from 2017 to 2022
Hydroponics is a part of hydroculture, which involves the cultivation of plants without using soil. In hydroponics, the plants are grown with their roots exposed to mineral solutions rich in nutrients. Using techniques of hydroponics, plants can be cultivated irrespective of the season and climate. We have greater control on the amount of nutrients supplied, pH of the solution or growth medium and favorable temperature also which result in better yields.
North America Hydroponics Market: Drivers & Restraints Availability of wide range of equipment including colorimeters, conductivity meters and laboratory ware to make hydroponics easier has increased the demand for hydroponics equipment. Also, high yielding from plants, decreasing cost of cultivation with advanced equipment and software and increasing adoption of hydroponics in greenhouse farming are driving the market growth.
However, lack of proper awareness regarding hydroponics crop cultivation and uneconomical large scale farming are hindering the market growth. Get accurate market forecast and analysis on the North America Hydroponics Market. Request a sample to stay up-to-date on the main trends affecting this market: http://www.marketdataforecast.com/market-reports/north-america-hydroponics-market-2107/request-sample
North America Hydroponics Market: Segmentation By Equipment • HVAC • LED Grow light • Communication Technology • Irrigation Systems • Material Handling • Control Systems
By Type • Aggregate o Closed system • Water Culture System • EBB and Flow System • Drip Systems • Wick System o Open System • Liquid o Nutrient Film Technique o Floating Hydroponics o Aeroponics
By Crop Type • Tomato • Lettuce & Leafy Vegetables • Cucumber • Pepper • Strawberry
By Input Type • Nutrients • Growth Medium By Geography • North America o United States o Canada
North America Hydroponics Market: Overview Based on the equipment, HVAC holds the largest market share. HVAC are very essential to maintain a controlled environment for the plants and hence they are necessary in most of the hydroponics cultivation. Based on crop type, lettuce and leafy vegetables hold the largest market share as they are widely cultivated due to the ease with which they can be handled. Unites States lead the hydroponics market in North America region. It is due to the presence of majority of manufacturers and high adoption rate of advanced farming techniques in this region.
North America Hydroponics Market: Key Players Major players in the North America Hydroponics market are Lumigrow, Inc., Argus Control Systems, Greentech Agro LLC, Koninklijke Philips NV, and Logiqs B.V.
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