The latest research report by Emergen Research, named ‘Global Aquaponics and Hydroponic Systems and Equipment Market - Forecast to 2032’, entails a comprehensive review of the global Aquaponics and Hydroponic Systems and Equipment Market’s present and future trends. The report gathers viable information on the most established industry players, sales and distribution channels, regional spectrum, estimated market share and size, and revenue estimations over the forecast timeframe. The study is inclusive of a profound analysis of this business sphere focuses on the overall remuneration of the market over the projected period. The study also includes significant information pertinent to the Aquaponics and Hydroponic Systems and Equipment Market industry, particularly the current COVID-19 scenario.
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. Conventional agricultural practices depend heavily on external factors such as rain and temperature, which have been significantly affected by climate change. Food insecurity and rising global hunger index have impelled governments and companies to explore sustainable methods of alternative farming. Aquaponics and hydroponic systems of farming are cost-effective and have significantly higher yields than conventional farming, and this is a major factor driving growth of the global aquaponic and hydroponic systems and equipment market revenue.
Key players in the market 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
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Competitive Terrain:
The Global Aquaponics and Hydroponic Systems and Equipment Market is highly consolidated due to the presence of a large number of companies across this industry. The report discusses the current market standing of these companies, their past performances, demand and supply graph, production and consumption patterns, sales network, distribution channels, and growth opportunities in the market at length.
Market Overview:
The report bifurcates the Aquaponics and Hydroponic Systems and Equipment market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
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Our experienced market research team has provided updated information on the ongoing COVID-19 pandemic and its adverse economic impact in the latter segment of the report. The coronavirus outbreak has led to drastic changes in the current Aquaponics and Hydroponic Systems and Equipment Market business landscape, limiting the growth opportunities for various manufacturers and buyers for the next few years. Besides making speculations about the market’s post-COVID-19 scenario, the report discusses its existing situation.
Segments Covered in this report are:
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
Application Outlook (Revenue, USD Billion; 2018–2028)
- Fish
- Vegetables
- Herbs
- Fruits
Regional Analysis of the Aquaponics and Hydroponic Systems and Equipment Market :
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Key Questions Answered in the Report:
- What is the growth rate of the Aquaponics and Hydroponic Systems and Equipment Market ? What is the anticipated market valuation of Aquaponics and Hydroponic Systems and Equipment Market industry by 2032?
- What are the key growth driving and restraining factors of the Aquaponics and Hydroponic Systems and Equipment Market ?
- Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
- What are the key opportunities and growth prospects of the Aquaponics and Hydroponic Systems and Equipment Market industry over the forecast period?
- Which region is expected to show significant growth in the coming years?
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TOC of the global Aquaponics and Hydroponic Systems and Equipment Market report:
Chapter 1, describes the Aquaponics and Hydroponic Systems and Equipment Market Introduction, market overview, product offerings, growth opportunities, market risks, driving forces, and challenges.
Chapter 2, analyzes the key manufacturers of Aquaponics and Hydroponic Systems and Equipment Market , along with the sales, revenue, and price of Aquaponics and Hydroponic Systems and Equipment Market , in the forecast period.
Chapter 3, studies the competitive situation among the major manufacturers and vendors, with sales, revenue, and market share.
Chapter 4, analyzes the global market by regions, with sales, revenue, and market share of Aquaponics and Hydroponic Systems and Equipment Market, for each region, from 2020 to 2032.
Chapters 5, 6, 7, 8 and 9, analyze the Aquaponics and Hydroponic Systems and Equipment Market by type, application, regions, and manufacturers, with sales, revenue, and market share by key countries in these regions…Continued
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