How big is the Global Aquaponic & Hydroponic Systems & Equipment market?
According to MarkNtel Advisors study, The Global Aquaponic & Hydroponic Systems & Equipment Market size is projected to grow at a CAGR of around 13.8% during the forecast period, i.e., 2023-28.
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Global Aquaponic & Hydroponic Systems & Equipment Market Trend:
High Demand for Medicinal Plants to be the Trending Force – The rising demand for medicinal plants is emerging as a prominent key trend in the market. Owing to the well-managed & closed environment offered by the hydroponic & aquaponic systems, end-users are achieving more medicinal plants that are high in delivering therapeutic properties. This is because these systems are monitored routinely & offer an entirely closed environment, leaving no space for exposure to diseases or pests, thus assisting the consumers to grow medicinal plants at any temperature & given climatic conditions. All these factors contribute to aiding the Global Aquaponic & Hydroponic Systems & Equipment Market to gain colossal momentum in the forthcoming years.
Leading Companies in the Global Aquaponic & Hydroponic Systems & Equipment market:
- Aquaponic Lynx LLC
- Argus Control Systems Ltd
- BetterGrow Hydro
- ECF Farmsystems
- LivinGreen
- My Aquaponics
- Nelson and Pade, Inc.
- Perth Aquaponics
- Hydrilla
- AmHydro
- Backyard Aquaponics Pty Ltd
- GreenTech Agro LLC
- Hydrofarm Holdings Group, Inc
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Global Aquaponic & Hydroponic Systems & Equipment Market Segmentation:
By Category
- Aquaponic
- Hydroponic
By Application
- Vegetables
- Fruits
- Herbs
- Fish
The Vegetables sector has been considered the most prominent application in the Global Aquaponic & Hydroponic Systems & Equipment Market since the historical years & is presumed to grasp a strong footprint in the forecast years as well.
By Equipment
- LED Grow Lights
- HVAC
- Irrigation Systems
- Aeration Systems
- Others (Spare Parts, etc.)
By Systems
- Nutrient Film Techniques
- Deep-Water Culture Systems
- Media Filled Grow Beds
- Ebb and Flow Systems
- Dutch-bucket Systems
By End Users
- Micro Farms
- Homes
- Aquaponics Farms
- Others (Schools, Universities, etc.)
Regional/ Countries Insight:
- North America
- South America
- Europe
- Middle East & Africa
- Asia-Pacific
Europe is the leading region in the Global Aquaponic & Hydroponic Systems & Equipment Market.
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About MarkNtel Advisors:
MarkNtel Advisors is a leading consulting, data analytics, and market research company that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.
We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.
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