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Automated Hydroponic Gardening Systems Market Growth, Future Prospects & Competitive Analysis, 2016 - 2026

Overview:

Hydroponic is a method of growing plants without soil. Hydroponic farming is steadily gaining popularity over traditional framing method owing to its advantages such as high quality vegetables and high yield in less time. Hydroponic gardens use only  of water compared to traditional farming methods and can be easily done in indoor as well as outdoor environments with proper knowledge and techniques. In addition, crops in hydroponic gardens grow two times faster which offers additional revenue opportunity for farmers. This technique helps to conquer natural challenges such as scarcity of water and arable lands. All the above mentioned factors are driving the demand for automated hydroponic gardening systems globally.  

In urban areas, rising demand for fresh and locally grown vegetables and herbs is encouraging investments in commercial hydroponic gardening. Commercial hydroponic systems are best suitable for cultivation of cucumbers, tomatoes, bell papers, lettuce and leafy green vegetables. Initial set-up cost for commercial hydroponic gardening is very high as it require buckets, trays, lighting fixtures, computer system, controllers, and ventilation system, heat recovery solutions and irrigation equipment. Moreover, operating cost of commercial hydroponic gardening is very high as it requires commercial space, greenhouse and warehouse and need continuous monitoring. However, integration of automated technologies with hydroponic gardening facilities assist farmers to keep operating costs at even rate. Farmers are integrating cloud services and automated controller at commercial hydroponic facilities to improve operating efficiency and crop output. Countries across the world are investing in vertical urban agricultural in order to meet rising food demand of growing population in urban areas which is driving the demand for commercial hydroponic systems. In addition, shifting trend towards do-it-yourself (DIY) is encouraging the deployment of plug-and-play hydroponic systems for hydroponic micro-gardens at residential place. With rising awareness about healthy food and fresh vegetables, people in urban areas are investing in table-top gardening solutions to cultivate daily required vegetables at home.   

High adoption of automated hydroponic gardening solution is observed in North America and Europe. In these regions, restaurants and living salad bars are also incorporating these solutions in their business models in order to produce vegetables on their own and increase their profit margins. The demand for automated hydroponic gardening solutions in Asia Pacific is expected to witness considerable growth in the near future with increasing awareness about this technology.  

Some key players identified in the global automated hydroponic gardening systems market include Fullbloom Hydroponics, PowerHouse Hydroponics, General Hydroponics, Inc., American Hydroponics, Inc, Argus Controls Systems Ltd., Green Automation Export Ltd Oy, Agromatic Corporation Pty Ltd, and others.

The global automated hydroponic gardening system market is segmented on the following bases:

  • Product Type
    • Aggregate Hydroponic System
      • Closed System
      • Open System
    • Liquid Hydroponic System
  • Application
    • Commercial
    • Residential
  • Geography
    • North America
      • US
      • Rest of North America
    • Europe
      • EU7
      • CIS
      • Rest of Europe
    • Asia-Pacific
      • Japan
      • China
      • India
      • Rest of APAC
    • Latin America
    • Middle East and Africa
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