HYDROPONICS MARKET

INTRODUCTION

Hydroponic systems function by enabling precise control over environmental variables such as temperature and pH balance, as well as increased exposure to nutrients and water.

Hydroponics works on a simple premise: give plants precisely what they need and when they need it. Hydroponics uses fertilizer solutions that are specifically suited to the demands of the plant being cultivated. They let you precisely control how much light the plants receive and for how long.

The pH level may be measured and changed. Plant development increases in a highly tailored and regulated environment.

The growth of plants without the need for soil is known as hydroponics. Hydroponic flowers, herbs, and vegetables are grown in inert growth material while being fed nutrient-rich solutions, oxygen, and water.

This method promotes fast growth, higher yields, and higher quality. When a plant is growing in soil, its roots are constantly looking for the nourishment it requires to survive.

When a plant's root system is immediately exposed to water and nourishment, the plant does not have to use any energy to sustain itself. The energy used by the roots in collecting food and water can be diverted towards the plant's development. As a result, leaf growth and frost blooming thrive.

Many risk factors are reduced by managing the plant's surroundings. Plants grown in gardens and fields are subjected to a variety of factors that have a detrimental influence on their health and growth. Plant diseases can be propagated by fungi in the soil. Wildlife, such as rabbits, might steal ripening crops from your garden.

Pests such as locusts may wreak havoc on crops in the afternoon. The uncertainty of growing plants outside and in the soil is eliminated by hydroponic systems.

HYDROPONICS MARKET DYNAMICS

Plants acquire all of their nourishment from a nutrient solution given to their roots rather than extracting mineral minerals required for development from the earth. Hydroponics may be used to produce anything from a tiny collection of herbs in a kitchen to hundreds of plants in a large-scale commercial enterprise.

Hydroponic gardening is very beneficial for people who have limited or no outside area, such as city dwellers, apartment dwellers, or renters who cannot have an outdoor garden.

With health and food safety becoming more important, people all over the world are turning to home cooking and self-made/homemade meals. This has jeopardised the food and lodging industries. Following the catastrophic coronavirus epidemic, the global adoption rate of urban hydroponic farming systems is expected to skyrocket.

During the early stages of the pandemic's spread, the agriculture business encountered problems. There were severe labour shortages on the farm, some farmers lost their window of opportunity for harvesting seasonal crops, agricultural product prices fell, and logistics were disrupted.

Many countries also realized their over-dependence on imports of food materials and hence began emphasizing internal and domestic productions.

Europe has long been at the forefront of applying cutting-edge technology in hydroponic smart greenhouse horticulture. Large regions of greenhouse horticulture exist in countries such as the Netherlands, Spain, and France.

Growers in the Netherlands, on the other hand, usually nurture their plants in basic tunnel-like greenhouses that do not employ climate control systems. The development of greenhouse farming has aided the expansion of hydroponics throughout Europe.

According to national government figures, hydroponics adoption has been seen to be the greatest across all European countries.

RECENT TECHNOLOGICAL TRENDS IN HYDROPONICS MARKET

The rising spending capacity of customers has resulted in a rise in demand for exotic fruits and vegetables.

Because most exotic items are imported, the cost of these exotic products is considerable; consequently, numerous research organizations and colleges are concentrating on developing more simple hydroponics systems to expedite the production of exotic fruits and vegetables and satisfy the increasing demand.

The Latest Technology has been the complete evolution of the mechanism of operations and the foundation of its operational structure to have optimized hydroponics. The Hydrosac is a novel design for a hydroponic growth system developed by Phytoponics.

Hydroponics is the cultivation of plants without the need for soil; the essential principle of this approach is that the plant's roots are kept in touch with an oxygenated, nutrient-rich solution. The concentration of liquid nutrients allows for extremely fast growth rates and resource efficiency.

The Hydrosac is a long, thin container that is linked to a pump and nutritional solution reservoir. The soup fills the lower part of the tube. Integrated flotation chambers lie on the fluid's surface, surrounded by a healthy, rot-preventing air gap above water.

In hydroponic gardening, automation and machine learning are making breakthroughs. Automation for picking, monitoring, and even pesticide treatments has made significant progress. Crop management in a greenhouse has become increasingly data-driven.

Instead of scouts following monitoring plans, permanent sensor installations, automated drone passes, or robots with increased picture-capturing capabilities are quickly becoming the new means to acquire vital crop information.

RECENT PARTNERSHIP IN HYDROPONICS MARKET

Through an exclusive relationship with Farmshelf, an indoor hydroponic farm manufacturer, Compass Group wants to expand its hydroponic farm footprint.

As a result of the cooperation, the food service management firm will be able to grow more food on-site in each of the segments it serves. Compass estimates that the farms will conserve water, minimise food waste, and eliminate some of the single-use packaging that has historically been used in food transit.

The hydroponic gardens, which are about the size of a bookcase, allow Compass chefs to cultivate over 30 different varieties of leafy greens and herbs, such as kale, arugula, chives, za'tar, and more. Internal cameras in the gardens allow cooks and other members of the food service crew to keep an eye on the plants.

Farms2050, in collaboration with AmHydro, a hydroponics firm in the United States, is the first company in India to start a hydroponic farm with modern infrastructure and operations. 

Farms2050 has developed India's superior indigenous structural systems in collaboration with some of the world's leading hydroponics experts and has quickly established itself as a major hydroponics operator in India. 

It also seeks to supply prospective hydroponic businesses with efficient and world-class hydroponics technology at a low cost, paving the door for faster adoption of climate-controlled farming and hydroponics. 

Farms2050 intends to make Karnataka the agriculture technology powerhouse of India in collaboration with American Hydroponics, who contributed internal technologies.

COMPETITIVE LANDSCAPE IN HYDROPONICS MARKET

Hydroponics, or growing plants in a nutrient solution root media, is a developing field of commercial food production that is also utilised by amateurs at home. Learn about cutting-edge ways of growing food in a controlled, soilless environment.

Because hydroponic crops develop without soil, the requirement for external fertilisers is quite high for hydroponic-based crops. With the increased use of soilless growing techniques in hydroponics, most crops are grown directly in the nutrient medium with the roots. This increases the need for nutrients in this business.

Signify Holdings is part of the much-required technological advancement in the global scale of the hydroponics market. It has made up a platform of operation which was under the operability to be enabled as the Interact IoT Platform enables connected LED lighting systems and embedded sensor networks to deliver insights, benefits, and new services to customers. It makes lighting intelligent.

Delivering an IoT ecosystem for our partners, customers and developers powered by the world's largest network of connected LED lighting. It has also brought in Philips Hue, the world’s leading smart home lighting system. It’s grown to become an ecosystem of products that work seamlessly with all major smart home platforms and more than 750 apps.

Argus Control System is also part of the much higher range of development towards monitoring and better optimisation capacities.

The System was designed such that a complete command of the facility through the integration of Intelligent automation of your equipment and comprehensive monitoring of current conditions enables you to simply  'dial in' your desired production parameters. 

The system works continuously to automatically maintain your critical setpoints and targets ensuring that both your aquaculture and greenhouse production subsystems are run optimally. These systems also feature the power and flexibility needed for accomplishing a  broad range of precision control and monitoring tasks.

COMPANIES PROFILED

• Signify Holdings
• Argus Control Systems
• Heliospectra AB
• Scotts Miracle-Gro
• American Hydroponics
• LumiGrow
• Emerald Harvest
• Hydroponic Systems International
• Grobo US