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North America Hydroponics Market Size, Share & Industry Trends Analysis Report By Type, By Crops (Tomatoes, Lettuce, Peppers, Cucumbers, Herbs, Fruits, and Others), By Country and Growth Forecast, 2021-2027

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    Report

  • 60 Pages
  • February 2022
  • Region: North America
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5571301
The North America Hydroponics Market is expected to witness market growth of 18.4% CAGR during the forecast period (2021-2027).

Hydroponics Market is being driven by increased yields compared to traditional agriculture approaches. Plants produced in hydroponic systems provide a greater yield than plants cultivated in regular agricultural systems, with productivity levels 2–5 times higher. Furthermore, the influence of climatic variations may be balanced with the aid of these systems due to regulated environmental conditions, resulting in no impact on yearly crop yield. CEH methods have a direct impact on agricultural harvesting.

Climate control, nutrient film methods, and sensor technologies, among other advancements, are projected to boost market growth in the coming years. With a variety of sensors, online platforms, software, and mobile applications, hydroponics farming solution companies give users with a variety of methods to manage and monitor their crops. SmartBee Technology, Inc., for example, supplies irrigation controllers, water and nutrient sensors, ambient sensors, and software that gives farmers real-time control. The use of IoT in a more advanced way allows for autonomous and remote data collecting and monitoring.

The market need for hydroponic operations is being driven by the region's desire for fresh vegetables and fruits. Currently, the hydroponics farms in the area are family or small commercial enterprises that encompass around one acre. Rooftop hydroponic gardens in cities like New York are assisting the market's expansion. The advancement of hydroponic production systems that are cost competitive with open-field agricultural methods is critical to the future growth of the hydroponics sector in the region.

Commercial vegetable growers are turning to hydroponic production because it is a cost-effective way to regulate inputs and manage disease and pests while also being a labor-intensive way to manage greater regions of output. Farmers in the region are expected to embrace hydroponics as a popular growth method since it reduces necessity soil fumigants and can enhance yields of popular vegetables. The industry is expected to rise due to the growing use of hydroponics as a cultivation method.

The US market dominated the North America Hydroponics Market by Country 2020, and is expected to continue to be a dominant market till 2027; thereby, achieving a market value of $2,591.7 million by 2027. The Canada market is poised to grow at a CAGR of 21.1% during (2021 - 2027). Additionally, The Mexico market is expected to experience a CAGR of 20% during (2021 - 2027).

Based on Type, the market is segmented into Aggregate Systems and Liquid Systems. Based on Crops, the market is segmented into Tomatoes, Lettuce, Peppers, Cucumbers, Herbs, Fruits, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Argus Control Systems Limited, The Scotts Miracle-Gro Company, American Hydroponics, LumiGrow, Inc., Emerald Harvest, Hydroponic Systems International, Hydrofarm Holdings Group, Inc., HydroGarden Ltd., Signify N.V., and Heliospectra AB.

Scope of the Study


Market Segments Covered in the Report:


By Type
  • Aggregate Systems and
  • Liquid Systems

By Crops
  • Tomatoes
  • Lettuce
  • Peppers
  • Cucumbers
  • Herbs
  • Fruits
  • Others

By Country: US, Canada, Mexico, and Rest of North America.

Key Market Players


List of Companies Profiled in the Report:

  • Argus Control Systems Limited
  • The Scotts Miracle-Gro Company
  • American Hydroponics
  • LumiGrow, Inc.
  • Emerald Harvest
  • Hydroponic Systems International
  • Hydrofarm Holdings Group, Inc.
  • HydroGarden Ltd.
  • Signify N.V.
  • Heliospectra AB

Unique Offerings from the Publisher

  • Exhaustive coverage
  • The highest number of market tables and figures
  • Subscription-based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Hydroponics Market, by Type
1.4.2 North America Hydroponics Market, by Crops
1.4.3 North America Hydroponics Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. North America Hydroponics Market by Type
3.1 North America Aggregate Systems Market by Country
3.2 North America Liquid Systems Market by Country
Chapter 4. North America Hydroponics Market by Crops Type
4.1 North America Tomatoes Market by Country
4.2 North America Lettuce Market by Country
4.3 North America Peppers Market by Country
4.4 North America Cucumbers Market by Country
4.5 North America Herbs Market by Country
4.6 North America Fruits Market by Country
4.7 North America Others Market by Country
Chapter 5. North America Hydroponics Market by Country
5.1 US Hydroponics Market
5.1.1 US Hydroponics Market by Type
5.1.2 US Hydroponics Market by Crops Type
5.2 Canada Hydroponics Market
5.2.1 Canada Hydroponics Market by Type
5.2.2 Canada Hydroponics Market by Crops Type
5.3 Mexico Hydroponics Market
5.3.1 Mexico Hydroponics Market by Type
5.3.2 Mexico Hydroponics Market by Crops Type
5.4 Rest of North America Hydroponics Market
5.4.1 Rest of North America Hydroponics Market by Type
5.4.2 Rest of North America Hydroponics Market by Crops Type
Chapter 6. Company Profiles
6.1 Argus Control Systems Limited (Controlled Environments Limited)
6.1.1 Company Overview
6.1.2 Recent strategies and developments:
6.1.2.1 Partnerships, Collaborations, and Agreements:
6.2 The Scotts Miracle-Gro Company
6.2.1 Company Overview
6.2.2 Financial Analysis
6.2.3 Segmental and Regional Analysis
6.2.4 Research & Development Expenses
6.2.5 Recent strategies and developments:
6.2.5.1 Acquisition and Mergers
6.3 American Hydroponics
6.3.1 Company Overview
6.4 LumiGrow, Inc.
6.4.1 Company Overview
6.5 Emerald Harvest
6.5.1 Company Overview
6.6 Hydroponic Systems International
6.6.1 Company Overview
6.7 Hydrofarm Holdings Group, Inc.
6.7.1 Company Overview
6.7.2 Financial Analysis
6.7.3 Regional Analysis
6.7.4 Recent strategies and developments:
6.7.4.1 Partnerships, Collaborations, and Agreements:
6.7.4.2 Acquisition and Mergers
6.8 HydroGarden Ltd.
6.8.1 Company Overview
6.9 Signify N.V.
6.9.1 Company Overview
6.9.2 Financial Analysis
6.9.3 Segmental and Regional Analysis
6.9.4 Research & Development Expense
6.10. Heliospectra AB
6.10.1 Company Overview
6.10.2 Financial Analysis
6.10.3 Recent strategies and developments:
6.10.3.1 Partnerships, Collaborations, and Agreements:

Companies Mentioned

  • Argus Control Systems Limited
  • The Scotts Miracle-Gro Company
  • American Hydroponics
  • LumiGrow, Inc.
  • Emerald Harvest
  • Hydroponic Systems International
  • Hydrofarm Holdings Group, Inc.
  • HydroGarden Ltd.
  • Signify N.V.
  • Heliospectra AB

Methodology

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