Hydroponics Market worth $17.9 billion by 2026 – Exclusive Report by MarketsandMarkets
Hydroponics

Hydroponics Market worth $17.9 billion by 2026 – Exclusive Report by MarketsandMarkets

CHICAGO, Jan. 25, 2021 /PRNewswire/ — According to the new market research report “Hydroponics Market by Type (Aggregate Systems, Liquid Systems), Crop Type (Vegetables, Fruits, Flowers), Equipment (HVAC, LED Grow Lights, Irrigation Systems, Material Handling Equipment, Control Systems), Input Type, and Region – Global Forecast to 2026“, published by MarketsandMarkets™themarketsize is estimated to account for a value of USD 9.5 billion in 2020 and is projected to grow at a CAGR 11.3% from 2020, to reach a value of USD 17.9 billion by 2026. Factors such as the higher yield as compared to conventional agriculture practices, controlled environment farming, and improved yield and higher produce with limited land resources are 

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