Aeroponics Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032

PUBLISHED: July 29, 2024

PAGES: 240 Pages

DELIVERY TIME: 2-3 business days

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Description

The Global Aeroponics Market size will grow over 15% CAGR during 2024-2032, driven by the increasing demand for sustainable and efficient farming methods. According to the estimates from the Food and Agriculture Organization (FAO), global food production will need to increase by 60% by 2050 to meet the demands of a growing world population. Aeroponics, with its soil-free cultivation and precise nutrient delivery, offers a highly efficient way to grow crops with minimal water and nutrient waste. It produces high yields in limited space, driving its appeal in urban and vertical farming scenarios. The growing emphasis on sustainability and efficiency is bolstering interest in aeroponics systems, fueling market expansion.

Venture capital and private equity firms are channeling significant funds into startups that are developing innovative aeroponics solutions. This surge in investment is driven by the growing recognition of aeroponics' potential to revolutionize farming practices and address global food security challenges. Startups are focusing on advancements such as enhanced nutrient delivery systems, automated climate control, and integration with digital technologies like IoT and AI. These innovations are expected to improve the efficiency and scalability of aeroponics systems.

The aeroponics industry is classified based on application, equipment, solution, end-use, crop type, and region.

The outdoor segment will grow rapidly through 2032, driven by rise in urban agriculture and sustainable farming practices. Aeroponics, a soil-free cultivation method that uses a misting system to deliver nutrients directly to plant roots, offers several advantages for outdoor farming, including higher growth rates and reduced water usage. It is especially beneficial for vertical farms and urban gardens where space is limited. The ability to optimize plant growth conditions while minimizing resource consumption aligns perfectly with the growing global emphasis on sustainability and food security.

The climate control segment will witness decent growth through 2032, as it ensures optimal growing conditions by regulating temperature, humidity, and light levels within aeroponic systems. This is essential for maximizing crop yield and quality. Advanced climate control equipment include automated environmental monitoring systems, HVAC systems, and precision irrigation controls. These technologies not only enhance plant growth but also contribute to the overall efficiency and cost-effectiveness of aeroponic farms.

Europe aeroponics Industry will witness steady growth through 2032, driven by its commitment to sustainable agriculture and innovative farming technologies. European countries are increasingly adopting aeroponics technology in both urban and rural settings, leveraging its advantages for efficient and resource-conserving agriculture. The presence of advanced research institutions and technology providers in Europe further supports the growth of the aeroponics market, fostering innovation and driving the development of new solutions.

Product Code: 10483

Chapter 1 Methodology and Scope

1.1 Research design
- 1.1.1 Research approach
- 1.1.2 Data collection methods
1.2 Base estimates and calculations
- 1.2.1 Base year calculation
- 1.2.2 Key trends for market estimation
1.3 Forecast model
1.4 Primary research and validation
- 1.4.1 Primary sources
- 1.4.2 Data mining sources
1.5 Market scope and definition

Chapter 2 Executive Summary

2.1 Industry 360° synopsis, 2021 - 2032

Chapter 3 Industry Insights

3.1 Industry ecosystem analysis
3.2 Supplier landscape
- 3.2.1 Component providers
- 3.2.2 Technology provider
- 3.2.3 Service providers
- 3.2.4 End-user
3.3 Profit margin analysis
3.4 Technology and innovation landscape
3.5 Patent analysis
3.6 Key news and initiatives
3.7 Regulatory landscape
3.8 Impact forces
- 3.8.1 Growth drivers
  - 3.8.1.1 Increasing need for eco-friendly farming practices
  - 3.8.1.2 The rise of urbanization and vertical farming is boosting aeroponics
  - 3.8.1.3 Supportive policies and funding for sustainable agriculture and innovative farming techniques
  - 3.8.1.4 Growing consumer demand for organic and pesticide-free produce
- 3.8.2 Industry pitfalls and challenges
  - 3.8.2.1 High energy usage for lighting and maintaining aeroponic environments can impact operational costs
  - 3.8.2.2 Limited awareness and understanding of aeroponics among traditional farmers
3.9 Growth potential analysis
3.10 Porter's analysis
3.11 PESTEL analysis

Chapter 4 Competitive Landscape, 2023

4.1 Introduction
4.2 Company market share analysis
4.3 Competitive positioning matrix
4.4 Strategic outlook matrix

Chapter 5 Market Estimates and Forecast, By Application, 2021 - 2032 ($Mn)

5.1 Key trends
5.2 Indoor
5.3 Outdoor

Chapter 6 Market Estimates and Forecast, By Equipment, 2021 - 2032 ($Mn)

6.1 Key trends
6.2 Lighting
6.3 Sensor
6.4 Irrigation component
6.5 Climate control
6.6 Others

Chapter 7 Market Estimates and Forecast, By Solutions, 2021 - 2032 ($Mn)

7.1 Key trends
7.2 Organic
7.3 Conventional

Chapter 8 Market Estimates and Forecast, By End Use, 2021 - 2032 ($Mn)

8.1 Key trends
8.2 Commercial
8.3 Residential

Chapter 9 Market Estimates and Forecast, By Crop Type, 2021 - 2032 ($Mn)

9.1 Key trends
9.2 Leafy greens
9.3 Herbs and microgreens
9.4 Fruits and flowers

Chapter 10 Market Estimates and Forecast, By Region, 2021 - 2032 ($Mn)

10.1 Key trends
10.2 North America
- 10.2.1 U.S.
- 10.2.2 Canada
10.3 Europe
- 10.3.1 UK
- 10.3.2 Germany
- 10.3.3 France
- 10.3.4 Italy
- 10.3.5 Spain
- 10.3.6 Russia
- 10.3.7 Nordics
- 10.3.8 Rest of Europe
10.4 Asia Pacific
- 10.4.1 China
- 10.4.2 India
- 10.4.3 Japan
- 10.4.4 South Korea
- 10.4.5 ANZ
- 10.4.6 Southeast Asia
- 10.4.7 Rest of Asia Pacific
10.5 Latin America
- 10.5.1 Brazil
- 10.5.2 Mexico
- 10.5.3 Rest of Latin America
10.6 MEA
- 10.6.1 UAE
- 10.6.2 South Africa
- 10.6.3 Saudi Arabia
- 10.6.4 Rest of MEA