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Report
Aeroponics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-05-29 I 141 Pages I IMARC Group
Market Overview:
The global aeroponics market size reached US$ 953.4 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 2,205.4 Million by 2028, exhibiting a growth rate (CAGR) of 14.19% during 2023-2028.
Aeroponics refers to a specialized and advanced hydroponics process, which involves cultivating plants in a controlled mist-based environment. It is utilized for growing fruits, vegetables, leafy greens, vine plants and herbs without needing pots to fill with soil. The plants are suspended in the air through their root structures and are periodically sprayed with solutions enriched with nutrients. Aeroponics uses low-pressure, high-pressure and ultrasonic fogger systems, sensors and lighting and climate control monitors. In comparison to the traditional farming practices, aeroponics offers higher crop yield, uses minimal water and space and generates no toxic waste. It also promotes faster growth in plants, prevents pest infestation, facilitates year-round production and has minimal maintenance requirements.
Aeroponics Market Trends:
Significant growth in the agriculture industry across the globe is one of the key factors creating a positive outlook for the market. Moreover, the widespread adoption of indoor farming practices and vertical aeroponics is providing a thrust to the market growth. With the rising health consciousness, there is a shift in the consumer preference towards organic and disease-free food products, which has resulted in the increasing requirement for efficient aeroponics systems. Organic food cultivated through aeroponic farming systems does not require synthetic fertilizers, pesticides and growth regulators. In line with this, reducing levels of arable land for traditional farming practices is also contributing to the market growth. Additionally, various technological advancements, such as the development of automated lighting and irrigation systems, smartphone application-based monitoring systems and greenhouse solutions with retractable roofs, are favoring the market growth. Other factors, including extensive research and development (R&D) activities, along with the implementation of favorable government policies, are anticipated to drive the market toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global aeroponics market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on component and application.
Breakup by Component:
Lightning
Irrigation Component
Sensor
Climate Control
Building Material
Others
Breakup by Application:
Indoor Farming
Outdoor Farming
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being AERO Development Corp, AeroFarms, Altius Farms, BrightFarms, CleanGreens Solutions SA, Evergreen Farm Oy, Freight Farms Inc., LettUs Grow Ltd., Living Greens Farm Inc. and Ponics Technologies.
Key Questions Answered in This Report:
How has the global aeroponics market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global aeroponics market?
What are the key regional markets?
What is the breakup of the market based on the component?
What is the breakup of the market based on the application?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global aeroponics market and who are the key players?
What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Aeroponics Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Component
6.1 Lighting
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Irrigation Component
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Sensor
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Climate Control
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Building Material
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Others
6.6.1 Market Trends
6.6.2 Market Forecast
7 Market Breakup by Application
7.1 Indoor Farming
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Outdoor Farming
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Region
8.1 North America
8.1.1 United States
8.1.1.1 Market Trends
8.1.1.2 Market Forecast
8.1.2 Canada
8.1.2.1 Market Trends
8.1.2.2 Market Forecast
8.2 Asia-Pacific
8.2.1 China
8.2.1.1 Market Trends
8.2.1.2 Market Forecast
8.2.2 Japan
8.2.2.1 Market Trends
8.2.2.2 Market Forecast
8.2.3 India
8.2.3.1 Market Trends
8.2.3.2 Market Forecast
8.2.4 South Korea
8.2.4.1 Market Trends
8.2.4.2 Market Forecast
8.2.5 Australia
8.2.5.1 Market Trends
8.2.5.2 Market Forecast
8.2.6 Indonesia
8.2.6.1 Market Trends
8.2.6.2 Market Forecast
8.2.7 Others
8.2.7.1 Market Trends
8.2.7.2 Market Forecast
8.3 Europe
8.3.1 Germany
8.3.1.1 Market Trends
8.3.1.2 Market Forecast
8.3.2 France
8.3.2.1 Market Trends
8.3.2.2 Market Forecast
8.3.3 United Kingdom
8.3.3.1 Market Trends
8.3.3.2 Market Forecast
8.3.4 Italy
8.3.4.1 Market Trends
8.3.4.2 Market Forecast
8.3.5 Spain
8.3.5.1 Market Trends
8.3.5.2 Market Forecast
8.3.6 Russia
8.3.6.1 Market Trends
8.3.6.2 Market Forecast
8.3.7 Others
8.3.7.1 Market Trends
8.3.7.2 Market Forecast
8.4 Latin America
8.4.1 Brazil
8.4.1.1 Market Trends
8.4.1.2 Market Forecast
8.4.2 Mexico
8.4.2.1 Market Trends
8.4.2.2 Market Forecast
8.4.3 Others
8.4.3.1 Market Trends
8.4.3.2 Market Forecast
8.5 Middle East and Africa
8.5.1 Market Trends
8.5.2 Market Breakup by Country
8.5.3 Market Forecast
9 SWOT Analysis
9.1 Overview
9.2 Strengths
9.3 Weaknesses
9.4 Opportunities
9.5 Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
11.1 Overview
11.2 Bargaining Power of Buyers
11.3 Bargaining Power of Suppliers
11.4 Degree of Competition
11.5 Threat of New Entrants
11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Key Players
13.3 Profiles of Key Players
13.3.1 AERO Development Corp
13.3.1.1 Company Overview
13.3.1.2 Product Portfolio
13.3.2 AeroFarms
13.3.2.1 Company Overview
13.3.2.2 Product Portfolio
13.3.3 Altius Farms
13.3.3.1 Company Overview
13.3.3.2 Product Portfolio
13.3.4 BrightFarms
13.3.4.1 Company Overview
13.3.4.2 Product Portfolio
13.3.5 CleanGreens Solutions SA
13.3.5.1 Company Overview
13.3.5.2 Product Portfolio
13.3.6 Evergreen Farm Oy
13.3.6.1 Company Overview
13.3.6.2 Product Portfolio
13.3.7 Freight Farms Inc.
13.3.7.1 Company Overview
13.3.7.2 Product Portfolio
13.3.8 LettUs Grow Ltd.
13.3.8.1 Company Overview
13.3.8.2 Product Portfolio
13.3.9 Living Greens Farm Inc.
13.3.9.1 Company Overview
13.3.9.2 Product Portfolio
13.3.10 Ponics Technologies
13.3.10.1 Company Overview
13.3.10.2 Product Portfolio
Figure 1: Global: Aeroponics Market: Major Drivers and Challenges
Figure 2: Global: Aeroponics Market: Sales Value (in Million US$), 2017-2022
Figure 3: Global: Aeroponics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 4: Global: Aeroponics Market: Breakup by Component (in %), 2022
Figure 5: Global: Aeroponics Market: Breakup by Application (in %), 2022
Figure 6: Global: Aeroponics Market: Breakup by Region (in %), 2022
Figure 7: Global: Aeroponics (Lightning) Market: Sales Value (in Million US$), 2017 & 2022
Figure 8: Global: Aeroponics (Lightning) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 9: Global: Aeroponics (Irrigation Component) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Aeroponics (Irrigation Component) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Aeroponics (Sensor) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Aeroponics (Sensor) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Aeroponics (Climate Control) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Aeroponics (Climate Control) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Aeroponics (Building Material) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Aeroponics (Building Material) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Aeroponics (Other Components) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Aeroponics (Other Components) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Aeroponics (Indoor Farming) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Aeroponics (Indoor Farming) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Aeroponics (Outdoor Farming) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Aeroponics (Outdoor Farming) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: North America: Aeroponics Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: North America: Aeroponics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: United States: Aeroponics Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: United States: Aeroponics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Canada: Aeroponics Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Canada: Aeroponics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Asia-Pacific: Aeroponics Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Asia-Pacific: Aeroponics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: China: Aeroponics Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: China: Aeroponics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Japan: Aeroponics Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Japan: Aeroponics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: India: Aeroponics Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: India: Aeroponics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: South Korea: Aeroponics Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: South Korea: Aeroponics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: Australia: Aeroponics Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: Australia: Aeroponics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: Indonesia: Aeroponics Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: Indonesia: Aeroponics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: Others: Aeroponics Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: Others: Aeroponics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: Europe: Aeroponics Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: Europe: Aeroponics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: Germany: Aeroponics Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: Germany: Aeroponics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: France: Aeroponics Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: France: Aeroponics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: United Kingdom: Aeroponics Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: United Kingdom: Aeroponics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: Italy: Aeroponics Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: Italy: Aeroponics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: Spain: Aeroponics Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: Spain: Aeroponics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: Russia: Aeroponics Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: Russia: Aeroponics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Others: Aeroponics Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Others: Aeroponics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: Latin America: Aeroponics Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: Latin America: Aeroponics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: Brazil: Aeroponics Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: Brazil: Aeroponics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: Mexico: Aeroponics Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: Mexico: Aeroponics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Others: Aeroponics Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Others: Aeroponics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Middle East and Africa: Aeroponics Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Middle East and Africa: Aeroponics Market: Breakup by Country (in %), 2022
Figure 71: Middle East and Africa: Aeroponics Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Global: Aeroponics Industry: SWOT Analysis
Figure 73: Global: Aeroponics Industry: Value Chain Analysis
Figure 74: Global: Aeroponics Industry: Porter's Five Forces Analysis
Table 1: Global: Aeroponics Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Aeroponics Market Forecast: Breakup by Component (in Million US$), 2023-2028
Table 3: Global: Aeroponics Market Forecast: Breakup by Application (in Million US$), 2023-2028
Table 4: Global: Aeroponics Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 5: Global: Aeroponics Market: Competitive Structure
Table 6: Global: Aeroponics Market: Key Players
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