Hydroponics Equipment World Market Report

The global market for Hydroponic Equipment is estimated at US$4.8 billion in 2023 and is projected to reach US$8.6 billion by 2029 at a CAGR of 10.1% between 2023 and 2029.

This world market compendium focuses on a high level analysis of the Hydroponic Equipment market in terms of value in US$ for historical/current trends and forecast by Equipment Type – Heating, Ventilation & Air Conditioning (HVAC) Systems, LED Grow Lights, Irrigation Systems, Control Systems and Material Handling Equipment; and Geographic Region – North America, Europe, Asia-Pacific, South America and Middle East & Africa.

Hydroponics equipment is primarily needed for indoor farming and comprises Heating, Ventilation & Air Conditioning (HVAC) Systems, LED Grow Lights, Irrigation Systems, Control Systems and Material Handling Equipment. These form crucial inputs that need are essential while setting up a hydroponics farm. Although the initial costs of establishing an indoor hydroponics farm can seem prohibitive, longer-term returns more than justify this initial outlay. Owing to this and several other factors, hydroponic farming across the world has been witnessing exponential growth that is likely to sustain over the longer term.

This world market compendium analyzes the market for Hydroponics Equipment at high level by equipment type and geographic region. The market is studied for historical/current trends and future forecast in terms of value in US$ for 2020, 2023 and 2029.

Report Segmentation

Equipment Type

• Heating, Ventilation and Air Conditioning (HVAC) Systems
• LED Grow Lights
• Irrigation Systems
• Control Systems
• Material Handling Equipment

Geographic Region

• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa

This report provides the estimates and forecast for global Hydroponics Equipment market. The study also provides the key market developments and a list of major players in this market that are cited.