Europe Hydroponics Market Forecast, 2024

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www.techsciresearch.com
MARKET INTELLIGENCE . CONSULTING
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• Scope of Report
• Product of Interest (POI) Hydroponics

Europe hydroponics market is expected to surpass
14 billion by 2024. Europe has traditionally
been at the forefront of implementing advanced
techniques in hydroponic smart greenhouse
horticulture. This advancement of greenhouse
farming is driving the Europe hydroponics market.
Owing to increase in harvest cycles as compared
to the traditional agricultural practices a
higher yield is obtained using hydroponics
technology. Additionally, nutritionally superior
variety of products are obtained using this
technique since it eliminates the use of any kind
of pesticides or fertilizers and ripening agents.
Moreover, high profit margins and increasing
emphasis on food security further propels the
growth of market.

Market Segmentation
TYPE
ORIGIN

• Aggregate System
• Liquid Hydroponics System

• Conventional
• Natural Organics

Hydroponics Market
FARMING
CROP TYPE

• Indoor
• Outdoor

• Vegetables
• Fruits
• Flowers

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• Table of Contents

S. No. Contents Contents Contents Contents Page No.
1. Product Overview Product Overview Product Overview Product Overview
2. Research Methodology Research Methodology Research Methodology Research Methodology
3. Executive Summary Executive Summary Executive Summary Executive Summary
4. Voice of Customers Voice of Customers Voice of Customers Voice of Customers
5. Europe Hydroponics Market Outlook Europe Hydroponics Market Outlook Europe Hydroponics Market Outlook Europe Hydroponics Market Outlook
5.1. Market Size Forecast Market Size Forecast Market Size Forecast
5.1.1. 5.1.1. By Value
5.2. Market Share Forecast Market Share Forecast Market Share Forecast
5.2.1. 5.2.1.  By Origin (Natural Organics, Conventional)
5.2.2. 5.2.2.  By Farming (Indoor, Outdoor)  By Farming (Indoor, Outdoor)
5.2.3. 5.2.3. By Type (Aggregate Systems Ebb Flow Systems, Drip System, Wick System, Liquid Hydroponics System Deep Water Culture, Nutrient Film Technique, Aeroponics) By Type (Aggregate Systems Ebb Flow Systems, Drip System, Wick System, Liquid Hydroponics System Deep Water Culture, Nutrient Film Technique, Aeroponics)
5.2.4. 5.2.4. By Crop Type (Vegetables Tomato, Leafy Greens, Cucumber, Peppers, Others, Fruits, Flowers)
5.2.5. 5.2.5. By Country
5.2.6. 5.2.6. By Company (2018)
5.3. 5.3. Market Attractiveness Index Market Attractiveness Index Market Attractiveness Index
6. Netherlands Hydroponics Market Outlook Netherlands Hydroponics Market Outlook Netherlands Hydroponics Market Outlook Netherlands Hydroponics Market Outlook
6.1. Market Size Forecast  Market Size Forecast  Market Size Forecast 
6.1.1. By Value By Value
6.2. 6.2. Market Share Forecast Market Share Forecast Market Share Forecast
6.2.1. By Farming By Farming
6.2.2. By Type By Type
6.2.3. By Crop Type By Crop Type
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• Table of Contents

S. No. Contents Page No.
7. Russia Hydroponics Market Outlook Russia Hydroponics Market Outlook Russia Hydroponics Market Outlook
7.1. Market Size Forecast  Market Size Forecast 
7.1.1. By Value
7.2. 7.2. Market Share Forecast Market Share Forecast
7.2.1. By Farming
7.2.2. By Type
7.2.3. By Crop Type
8. Spain Hydroponics Market Outlook Spain Hydroponics Market Outlook Spain Hydroponics Market Outlook
8.1. Market Size Forecast  Market Size Forecast 
8.1.1. By Value
8.2. 8.2. Market Share Forecast Market Share Forecast
8.2.1. By Farming
8.2.2. By Type
8.2.3. By Crop Type
9. France Hydroponics Market Outlook France Hydroponics Market Outlook France Hydroponics Market Outlook
9.1. Market Size Forecast  Market Size Forecast 
9.1.1. By Value
9.2. 9.2. Market Share Forecast Market Share Forecast
9.2.1. By Farming
9.2.2. By Type
9.2.3. By Crop Type
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• Table of Contents

S. No. Contents Page No.
10. Germany Hydroponics Market Outlook Germany Hydroponics Market Outlook Germany Hydroponics Market Outlook
10.1. Market Size Forecast  Market Size Forecast 
10.1.1. By Value
10.2. 10.2. Market Share Forecast Market Share Forecast
10.2.1. By Farming
10.2.2. By Type
10.2.3. By Crop Type
11. Market Dynamics Market Dynamics Market Dynamics
11.1. Drivers Drivers Drivers Drivers
11.2. Challenges Challenges Challenges Challenges
12. Market Trends Developments Market Trends Developments Market Trends Developments Market Trends Developments Market Trends Developments
13. Competitive Landscape Competitive Landscape Competitive Landscape Competitive Landscape Competitive Landscape
13.1. Competition Outlook Competition Outlook Competition Outlook Competition Outlook
13.2. Company Profiles Company Profiles Company Profiles Company Profiles
13.3. Global Players Profiled (Leading Companies) Global Players Profiled (Leading Companies) Global Players Profiled (Leading Companies) Global Players Profiled (Leading Companies)
13.3.1. 13.3.1. Argus Control Systems Ltd. Argus Control Systems Ltd. Argus Control Systems Ltd.
13.3.2. 13.3.2. General Hydroponics Inc. General Hydroponics Inc. General Hydroponics Inc.
13.3.3. 13.3.3. Greentech Agro LLC Greentech Agro LLC Greentech Agro LLC
13.3.4. 13.3.4. Logiqs B.V. Logiqs B.V. Logiqs B.V.
13.3.5. 13.3.5. Heliospectra AB Heliospectra AB Heliospectra AB
13.3.6. 13.3.6. Thanet Earth Ltd. Thanet Earth Ltd. Thanet Earth Ltd.
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• Table of Contents

S. No. Contents Page No.
13.3.7. Lumigrow Inc
13.3.8. Signify N.V.
13.3.9. Jones Food Company
13.3.10. Koninklijke Philips NV
14. Strategic Recommendations
15. About Us Disclaimer
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RESEARCH METHODOLOGY
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• Research Methodology

Market Profiling
Data Analysis
Data Collection
Data Validation
Developing List of Respondents
Formulating Questionnaire
In-depth secondary research was conducted to
determine top players in the Europe hydroponics
market , overall market size and segmental market
size.
The data was scrutinized using MS-Excel,
statistical tools and internal proprietary
database to obtain qualitative and quantitative
insights about the Europe hydroponics market.
Data obtained as a result of primary and
secondary research was validated through rigorous
triangulation.
TechSci conducted interviews with industry
experts and industry players for data collection
and verification.
In order to conduct industry experts interviews,
TechSci formulated a detailed discussion guide.
List of industry players and industry specialists
was developed.
Primary Research
Desk Research
Company Analysis

• Recent Developments
• Market Changing Aspects/Dynamics
• Government Policies
• Final Conclusion

• Market Participants
• Key Strengths

• Identifying Key Opinion Leaders
• Questionnaire Design
• In-depth Interviews

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• Research Methodology

• Baseline Methodology
• Our dedicated team of industry experts has
  monitored and analyzed various aspects of the
  Europe hydroponics market. The team has analyzed
  the outlook of various segments of this market,
  while considering the major influencing factors
  such as higher yield as compared to traditional
  agricultural methods coupled with rising concern
  for food safety. The study includes market
  forecasting, which would enable our clients to
  take better decisions while planning their
  strategy to achieve sustainability in the Europe
  Hydroponics market.
• Methodology Followed for Calculation of Market
  Size
• Market Size By Value Market size, in terms of
  value, for the year 2016 was calculated based on
  information collected through exhaustive
  secondary research and primary surveys, with
  various key opinion leaders/stakeholders, such as
  hydroponics manufacturer supplier companies,
  channel partners, market influencers end users,
  industry experts, and other industry
  participants.
• The team interviewed more than 15 20
  hydroponics companies, 45 50 channel partners,
  60 100 end users, and 15 20 Industry experts
  and other value chain stakeholders in the Europe
  Hydroponics Market to obtain the overall market
  size for 2015-2019, which was validated by the
  Delphi technique. Taking standard deviation into
  consideration, the market size was averaged out,
  to arrive at the market size data during
  2015-2019.

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• Research Methodology

• Respondents were asked about the current and
  future market growth rates, market shares by
  origin, by type, by farming, by crop type, by
  each region. Removing the outlier responses, the
  geometric mean of growth estimates and supplier
  wise revenue shares generated across various
  segments were considered, to arrive at the final
  revenue shares. Revenue shares generated across
  various segments were further triangulated from
  other stakeholders.
• Methodology Followed for Calculation of Market
  Shares
• Market shares by origin, by type, by farming, by
  crop type, by each region and by company were
  calculated based on the responses received
  through primary surveys with industry experts, in
  which the respondents were asked about the market
  shares or revenue generated from various segments
  of hydroponics market. The final shares were
  calculated by taking the geometric mean of the
  responses gathered from key opinion leaders after
  eliminating the outliers.
• Methodology Followed for Forecasting
• TechSci Research performed periodical checks on
  data collected through the surveys with logic
  checks and analyzed the survey results in
  SPSS/Tableau Software.
• Data triangulation techniques were applied to
  fill the gaps and to present a more meaningful
  picture of the market. To forecast Europe
  Hydroponics Market, TechSci Research used various
  forecast techniques such as
• Moving Average
• Time Series Analysis
• Regression Analysis
• Econometric and Judgmental Analysis

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• Research Methodology

TechSci Research used its own forecast tool,
which is based on the growth of various allied
industries in respective regions. TechSci
Research also used the impact analysis during
short, medium and long term period to estimate
the demand and to reach accurate market numbers.
It should be noted that the figures compiled are
only for the organized market including market
share data.
Partial List of Companies Interviewed Key Secondary Sources
Argus Control Systems Ltd. General Hydroponics Inc. Greentech Agro LLC Logiqs B.V. Heliospectra AB Thanet Earth Ltd. Lumigrow Inc Signify N.V. Jones Food Company Koninklijke Philips NV World Bank TechSci Research Proprietary Database Knowledge Repository Company Annual Reports Industry Magazines Industry Reports News Dailies Credible Paid Databases
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• Industry Brief

According to TechSci Research report, Europe
Hydroponics Market By Origin, By Farming, By
Type, By Crop Types, By Country, Competition,
Forecast Opportunities, 2024, the Europe
hydroponics market is projected to cross 14
billion by 2024. Hydroponics systems are
witnessing adoption owing to the increased
emphasis on food safety, high profit margins and
higher produce obtained using this technique.
Further, nutritionally superior variety of
products are obtained using this technique.
However, lack of scientific knowledge regarding
the soil-less agriculture system and high initial
cost are likely to hamper the growth of the
market during forecast period. The Europe
hydroponics market is segmented based on origin,
farming, crop type, region and company. Based on
type, the market can be bifurcated into aggregate
and liquid hydroponics systems. The liquid
hydroponics systems are expected to grow at a
higher pace during the forecast period, owing to
their efficiency, low cost, higher productivity,
among others. Based on crop type, the market can
be fragmented into vegetables, fruits and
flowers. The vegetables segment dominates the
market since 10 times higher yield is obtained
using this technique as compared to the
traditional ones. The market for hydroponics is
fragmented at the global level, with multiple
innovative start-ups and emerging companies
entering the hydroponics market. Major companies
have been trying to enter this space, either by
developing hydroponic components or by investing
in the technology for crop production. Argus
Control Systems Ltd., General Hydroponics Inc.,
Greentech Agro LLC, Logiqs B.V., Heliospectra AB,
Thanet Earth Ltd., Lumigrow Inc, Signify N.V.,
Jones Food Company, Koninklijke Philips NV and
others are some of the leading players operating
in Europe Hydroponics market. Companies operating
in the market are using organic strategies such
as product launches, mergers and collaborations
to boost their share. The hydroponics market in
Europe is expected to witness substantial growth
during the forecast period owing to the rising
adoption of controlled environment agriculture
for horticultural crops and increasing
development of new advanced technologies that
target specific crop needs. Additionally,
increasing awareness among consumers about the
quality difference in greenhouse-grown vegetables
and hydroponics culture is further fueling the
hydroponics market in the region. said Mr. Karan
Chechi, Research Director with TechSci Research,
a research-based Global management consulting
firm.
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• Sample Data - Snapshot

Europe Hydroponics Market Size, By Value (USD
Million) 20142024F
CAGR By Value
CAGR By Value
XX
YY
Europe Hydroponics Market Share, By Origin, By
Value , 20142024F
Germany Hydroponics Market Share, By Type, By
Value , 20142024F
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• Report Ordering

Report Name EUROPE HYDROPONICS MARKET
FORECAST OPPORTUNITIES 2014 2024
License Type Price
Single User License 3950
Multi-User License 4950
Custom Research License 8950
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About Us Disclaimer
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India. TechSci Research provides market research
reports in number of areas to organizations. The
company uses innovative business models that
focus on improving productivity, while ensuring
creation of high-quality reports. The proprietary
forecasting models use various analyses of both
industry-specific and macroeconomic variables on
a state-by-state basis to produce a unique
bottom-up model of a country, regional and
global industry prospects. Combined with the
detailed analysis of company activity and
industry trends, the result is a uniquely rich
evaluation of the opportunities available in the
market.
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