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

Hydroponics is a method of growing plants without soil. Hydroponic farming is steadily gaining popularity over traditional farming methods owing to its advantages, such as high-quality vegetables and a high yield in less time. Hydroponic gardens use only 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 opportunities for farmers. This technique helps to conquer natural challenges such as scarcity of water and arable land. All the factors mentioned above 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 suited for the cultivation of cucumbers, tomatoes, bell peppers, lettuce, and other leafy green vegetables. Initial set-up costs for commercial hydroponic gardening are very high, as they require buckets, trays, lighting fixtures, computer systems, controllers, ventilation systems, heat recovery solutions, and irrigation equipment. Moreover, the operating cost of commercial hydroponic gardening is very high, as it requires commercial space, a greenhouse, and a warehouse and requires continuous monitoring. However, the integration of automated technologies with hydroponic gardening facilities helps farmers keep operating costs even. Farmers are integrating cloud services and an automated controller at commercial hydroponic facilities to improve operating efficiency and crop output. Countries across the world are investing in vertical urban agriculture in order to meet the rising food demand of a growing population in urban areas, which is driving the demand for commercial hydroponic systems. In addition, the shifting trend towards do-it-yourself (DIY) is encouraging the deployment of plug-and-play hydroponic systems for hydroponic micro-gardens in residential settings. With rising awareness about healthy food and fresh vegetables, people in urban areas are investing in tabletop gardening solutions to cultivate their daily requirements of vegetables at home.

High adoption of automated hydroponic gardening solutions is observed in North America and Europe. In these regions, restaurants and living salad bars are also incorporating these solutions into 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, Aromatic Corporation Pty Ltd., and others.

The global automated hydroponic gardening system market is classified as follows:

Product Type

  • aggregate hydroponic system
  • Closed System
  • Open System
  • Liquid Hydroponic System

Application

  • Commercial
  • Residential

Geography

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • Italy
    • U.K.
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • India
    • China
    • Japan
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East and Africa

Frequently Asked Question:

The market for Automated Hydroponic Gardening Systems Market is expected to reach USD$ XX Mn in 2026.

The Automated Hydroponic Gardening Systems Market is expected to see significant CAGR growth over the coming years, at XX%.

The report is forecasted from 2016 -2026.

The base year of this report is 2015.

AstraZeneca, Alkem Laboratories, Cipla, Glenmark Pharmaceuticals, Johnson & Johnson, Merck & Co., Novartis AG, Pfizer, Inc., Toray Industries. are some of the major players in the global market.

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Trusted By
Godaddy
Published Date:  Apr 2018
Category:  Agriculture
Report ID:   59065
Report Format:   PDF
Pages:   120
Rating:    4.5 (70)
Delivery Time: 24 Hours to 48 Hours   
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