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Hydroponics Technologies Market size is set to grow by USD 737.5 mn from 2024-2028, Facilitation in soil and space-saving to boost the market growth, Technavio

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NEW YORK, July 19, 2024 /PRNewswire/ — The global hydroponics technologies market  size is estimated to grow by USD 737.5 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 17.38%  during the forecast period.  Facilitation in soil and space-saving is driving market growth, with a trend towards increase in offering of advanced hydroponic growing systems. However, high investment cost of hydroponics technologies  poses a challenge. Key market players include AmHydro, Argus Control Systems Ltd., Brio Agri Producer Co. Ltd., Cox Enterprises Inc., Fork Farms, Greentech Organic Hydroponics Systems Mfrs., GrowLife Inc, Hawthorne Gardening Co., Heliospectra AB, Hortisystems UK Ltd., Hydrodynamics International Inc., Koninklijke Philips N.V., KUBO TUINBOUWPROJECTEN BV, LOGIQS B.V., MSc on smArt Agriculture TECHnologies, Nutrifresh Farm Tech India Pvt. Ltd., Rise Hydroponics, Thanet Earth Ltd., Valoya Oy, and Village Farms International Inc..

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Technology (Environment and climate control systems, Grow lights, Farm management systems, and Material handling systems), Type (Aggregate system and Liquid system), and Geography (Europe, APAC, North America, South America, and Middle East and Africa)

Region Covered

Europe, APAC, North America, South America, and Middle East and Africa

Key companies profiled

AmHydro, Argus Control Systems Ltd., Brio Agri Producer Co. Ltd., Cox Enterprises Inc., Fork Farms, Greentech Organic Hydroponics Systems Mfrs., GrowLife Inc, Hawthorne Gardening Co., Heliospectra AB, Hortisystems UK Ltd., Hydrodynamics International Inc., Koninklijke Philips N.V., KUBO TUINBOUWPROJECTEN BV, LOGIQS B.V., MSc on smArt Agriculture TECHnologies, Nutrifresh Farm Tech India Pvt. Ltd., Rise Hydroponics, Thanet Earth Ltd., Valoya Oy, and Village Farms International Inc.

Key Market Trends Fueling Growth

Hydroponics technology vendors offer diverse growing systems, including lighting, benching, ventilation, irrigation, screening, and control systems from Hortisystems UK Ltd. Another example is AmHydro’s nutrient film technique systems, which ensure uniform crop production, cleanliness, and space optimization. Notably, NFTs utilize closed-loop irrigation, conserving water for growers. These advancements enhance yield, potentially driving the global hydroponics market’s expansion during the forecast period. 

The Hydroponics Technologies Market is experiencing significant growth, particularly in the areas of HVAC systems, fans, and ventilation for effective climate control. Irrigation systems and control systems ensure precise nutrient delivery, while rails, lights, and setup costs remain key considerations for startups like Easy Urban Garden. Certification for organic production is a trend, with deep water culture (DWC) systems using nutrient-rich water gaining popularity among home growers. HVAC, fans, and irrigation systems contribute to higher setup costs, while recurring costs include energy for lights and nutrients like nitrogen, phosphorus, and potassium. Macronutrients maintain plant health, preventing issues such as discoloration, stunted growth, and scattered spots during the vegetative stage and foliage production. The fruits segment, including berries like strawberries, blueberries, cranberries, and raspberries, is a growing area in greenhouse crop production. Companies like Signify Holding, Artechno, Philips GreenPower, and Indoor cultivation are leading innovators in this space, particularly in the cannabis industry. Storage containers, buckets, rafts, waterbeds, Styrofoam, and water culture systems are essential components of hydroponic setups. 

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Market Challenges

Hydroponics technologies are essential for indoor and vertical farming, involving various systems such as nutrient film technique, deep water culture, and aeroponics. The initial investment for setting up an indoor farm using hydroponics technologies is significantly higher than traditional farming methods, such as greenhouses. An indoor farm with a 10-tier setup can cost between USD4,500 to USD5,000 per square meter, which is approximately 15 times the cost of a greenhouse equipped with basic necessities like heaters, ventilators, and thermal screens. The return on investment to cover the initial investment takes around 5 to 7 years. Consequently, the high investment cost may hinder the growth of the global hydroponics technologies market during the forecast period.The Hydroponics Technologies Market faces several challenges, including diseases, climate change, and environmental regulations. These factors require continuous innovation to ensure healthy crop growth and sustainability. With the World’s population projected to reach 9.7 billion by 2050, year-round production and higher yields are essential. LED grow lights, a lighting technology, offer energy efficiency and customizable light spectrums, extending the growing season and increasing crop volumes. Hydroponics is ideal for high-value organic crops like fruits, herbs, and leafy vegetables, even in limited land resources. Indoor farming, including vertical farming, is a growing application sector, especially for home gardeners and professional growers. Energy efficiency, lifespan, and crop type are crucial considerations when choosing between LED grow lights, high-pressure sodium (HPS), and metal halide lamps. Supermarkets and restaurants seek hydroponically grown produce for productivity and consistent environmental conditions. Despite challenges, hydroponics offers opportunities to meet the demands of an expanding population and changing climate while reducing water usage compared to traditional agriculture systems. Commercial hydroponic growers must navigate energy requirements and equipment costs to maximize profits.

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Segment Overview 

This hydroponics technologies market report extensively covers market segmentation by

Technology 1.1 Environment and climate control systems1.2 Grow lights1.3 Farm management systems1.4 Material handling systemsType 2.1 Aggregate system2.2 Liquid systemGeography 3.1 Europe3.2 APAC3.3 North America3.4 South America3.5 Middle East and Africa

1.1 Environment and climate control systems-  The hydroponics technologies market is experiencing significant growth due to the increasing demand for sustainable and efficient agricultural practices. These systems allow plants to grow without soil, using nutrient solutions instead. This method conserves water, reduces the use of pesticides, and allows for year-round production. Major players in the market include Nufarm, General Hydroponics, and BrightAgro. Companies invest in research and development to improve yields and create cost-effective solutions. The market is expected to continue expanding due to its numerous benefits for farmers and consumers alike.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 – 2022)  – Download a Sample Report

Learn and explore more about Technavio’s in-depth research reports

The global vertical farming technologies market is experiencing rapid growth, driven by increasing urbanization and demand for sustainable agriculture. Vertical farms utilize innovative techniques like hydroponics and aeroponics to grow crops in controlled environments, minimizing water usage and maximizing land efficiency. The global smart agriculture market integrates IoT, AI, and data analytics to enhance farming efficiency. It includes precision farming techniques such as sensors and drones to monitor crops, soil conditions, and livestock health in real-time, optimizing yields and resource utilization. The global floriculture market continues to expand with rising demand for ornamental plants and flowers worldwide. Key trends include sustainable practices, hybrid varieties, and increasing online sales, driven by growing consumer interest in floral aesthetics and gifting.

Research Analysis

Hydroponics, a revolutionary farming technology, allows the growth of plants without soil, using mineral solutions instead. This method is gaining popularity due to its ability to produce organic foods in an alternative farming system, making it ideal for consumers seeking fresh, nutritionally superior vegetables and leafy greens, even in climatic changes. Hydroponics offers higher yields, using less water and resources compared to traditional agriculture. Home gardeners and professional growers alike benefit from its operational simplicity. Indoor cultivation enables year-round production, particularly for temperature-sensitive crops like cannabis and marijuana. However, the use of artificial ripening agents and mineral solutions raises concerns for some consumers. The debate continues between hydroponics and traditional farming methods, with each having its advantages and disadvantages. Ultimately, the choice depends on individual preferences, resources, and sustainability considerations.

Market Research Overview

Hydroponics technology is revolutionizing the agriculture industry by providing an alternative to traditional farming methods, particularly for producing organic foods in urban areas. Consumers are increasingly demanding fresh, local produce, leading to a growing interest in hydroponics for leafy greens, vegetables, and even fruits. This sustainable option uses water and fertilizers instead of agricultural land and chemicals, making it an attractive solution for addressing water resources and land shortages. However, hydroponic farming requires significant investment in hydroponic equipment and expertise, limiting its accessibility for smaller farmers. Hydroponic systems, including NFT, DWC, and ebb and flow, can be set up in various locations such as rooftops, warehouses, and shipping containers, reducing transportation and logistics costs. Year-round harvesting is possible with hydroponics, minimizing food wastage and providing a consistent supply of fresh produce. Despite the high initial investment and expertise required, hydroponics offers higher yields and year-round production, making it an attractive option for high-value organic crops like herbs, leafy vegetables, and even fruits. Hydroponic systems can be used for both indoor and outdoor farming, with LED grow lights and energy-efficient lighting technologies like high-pressure sodium (HPS) and metal halide lamps enhancing crop growth. However, hydroponics also faces challenges such as pests, diseases, and environmental regulations, as well as concerns regarding water usage and carbon footprint. Climate change and the limited availability of arable land further highlight the need for sustainable agricultural solutions like hydroponics. The world’s population continues to grow, increasing the demand for fresh, organic produce, creating significant market opportunities for hydroponics technologies. In summary, hydroponics offers a sustainable alternative to traditional farming methods, providing fresh, organic produce year-round with higher yields. However, it requires significant investment and expertise, and faces challenges related to pests, diseases, and environmental regulations. Despite these challenges, the growing demand for local, organic produce and the limited availability of arable land make hydroponics a promising solution for addressing the world’s agricultural needs.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

TechnologyEnvironment And Climate Control SystemsGrow LightsFarm Management SystemsMaterial Handling SystemsTypeAggregate SystemLiquid SystemGeographyEuropeAPACNorth AmericaSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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HelloNation Examines Medicare Advantage & Medigap Coverage Differences, Featuring Financial Advisor Ash Toumayants

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The article reviews provider access, prescription coverage, and out-of-pocket expenses when comparing Medicare Advantage and Medigap plans.

STATE COLLEGE, Pa., July 24, 2026 /PRNewswire/ — How should residents evaluate whether Medicare Advantage or Medigap coverage better fits their healthcare and financial needs? HelloNation answers this question in an article that explains the key considerations involved in choosing between Medicare Advantage and Medigap plans.

The HelloNation article features insights from Financial Advisor Ash Toumayants of Strong Tower Associates. The article explains that both Medicare Advantage and Medigap supplement Original Medicare but differ significantly in how they handle healthcare providers, prescription coverage, and overall out-of-pocket expenses.

Medicare Advantage plans are typically offered through private insurers and bundles Medicare Part A, Part B, and possibly prescription coverage into a single policy. However, Medicare Advantage plans generally operate with provider networks, meaning healthcare providers must often be selected from within the plan’s approved list.

For residents across Pennsylvania, provider access can play an important role in selecting the right plan. The article explains that individuals should review which healthcare providers are included in a Medicare Advantage network before enrolling. Plan networks may vary by county in Pennsylvania, so residents should confirm that their preferred doctors and specialists are covered.

Medigap plans, also known as Medicare Supplement Insurance, operate differently from Medicare Advantage. The article explains that Medigap works alongside Original Medicare and helps cover certain out-of-pocket expenses such as copays, coinsurance, and deductibles. Although Medigap policies generally involve higher monthly premiums, they can offer greater predictability in medical expenses.

One advantage of Medigap is flexibility in choosing healthcare providers. The article explains that individuals with Medigap coverage can typically visit any doctor or specialist who accepts Medicare nationwide. This broader provider access can be beneficial for retirees who want more freedom in choosing healthcare providers across Pennsylvania or while traveling.

Prescription coverage is another important factor in the decision process. Many Medicare Advantage plans include prescription coverage as part of their bundled benefits. In contrast, Medigap plans do not include prescription coverage, which means individuals who choose Medigap often purchase a separate Medicare Part D plan to manage medication costs.

Budget considerations also influence the decision between Medicare Advantage and Medigap. The article explains that while Medicare Advantage plans may have lower premiums, they often include copays and service limits that affect annual out-of-pocket expenses. Medigap plans generally involve higher premiums but may reduce unexpected out-of-pocket expenses throughout the year.

Travel and lifestyle habits can also affect which plan is more suitable. The article explains that Medicare Advantage plans may have limitations on out-of-network care outside their coverage area. For residents in Pennsylvania who travel frequently or spend time in multiple locations, Medigap coverage may offer greater flexibility when accessing healthcare providers.

Enrollment timing is another important consideration discussed in the article. Medicare Advantage and Medigap plans have different enrollment rules and deadlines tied to the Initial Enrollment Period or the annual Medicare Open Enrollment period. Missing these enrollment opportunities can limit plan choices or result in additional underwriting requirements.

The article concludes that choosing between Medicare Advantage and Medigap in Pennsylvania requires careful evaluation of healthcare providers, prescription coverage, travel habits, budget considerations, and potential out-of-pocket expenses. Comparing plan structures and reviewing coverage details helps individuals make informed decisions that align with their healthcare and financial priorities.

How to Decide Between Medicare Advantage & Medigap features insights from Ash Toumayants, Financial Advisor of State College, PA, in HelloNation.

About HelloNation
HelloNation is America’s Good News Network, a premier media platform built on the idea that good news travels faster when real people tell real stories. Through its community-focused publications and innovative “edvertising” approach, HelloNation delivers content that informs, inspires, and spotlights the leaders making a meaningful impact in their communities.

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In HelloNation, Pool & Landscaping Expert Tina Possehn Wolbers Discusses What Pool Opening & Closing Services Include

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The article highlights how seasonal pool service simplifies pool maintenance and protects backyard pools year-round.

LANSING, Mich., July 24, 2026 /PRNewswire/ — What is included with pool opening and closing services, and how do they support pool ownership? The answer is explored in a HelloNation article, which features insights from Tina Possehn Wolbers of Wolbers-Possehn Pools, Ponds and Landscapes.

The HelloNation article explains that seasonal pool service plays a key role in maintaining a backyard pool throughout the year. By handling the transition between seasons, pool opening service and pool closing service make pool maintenance more manageable and allow homeowners to focus on enjoying their space.

Pool opening service marks the beginning of the swimming season. One of the first steps is removing the pool cover, which has protected the pool during colder months. The pool cover is carefully cleaned and stored, helping extend its lifespan and prepare it for future use. Once removed, the backyard pool begins to take shape as a clean and inviting environment.

Another important part of pool opening service is reconnecting and inspecting pool equipment. Pumps, filters, and circulation systems are checked to ensure they are functioning properly. This step helps restore water flow and sets the foundation for effective pool maintenance throughout the season.

Water level adjustments and water balancing are also essential components of pool opening service. Ensuring proper water levels allows systems to run efficiently, while water balancing helps create a safe and comfortable swimming environment. These steps help homeowners enjoy their backyard pool without unnecessary complications.

The article emphasizes that pool opening service and pool closing service are key components of seasonal pool service, helping simplify pool maintenance and reduce the stress of managing a pool. With a structured approach, homeowners can rely on consistent care that keeps their pool in good condition.

Pool closing service prepares the pool for colder months when it is not in use. This process includes lowering the water level to help prevent potential damage. Proper water management during pool closing service helps protect the structure and equipment over time.

Protecting plumbing lines is another critical part of pool closing service. Water is removed from pipes to prevent freezing and expansion, which could lead to damage. Taking these steps ensures that the system remains intact and ready for the next pool opening service.

Securing the pool cover completes the process. A properly fitted pool cover keeps debris out and helps maintain water quality during the off-season. It also makes the next pool opening service easier by reducing the amount of cleaning required.

Seasonal pool service provides a more predictable and low-stress experience for homeowners. Instead of handling every detail themselves, pool owners can rely on professional processes that keep their backyard pool functioning properly year after year.

Beyond maintenance, a well-cared-for backyard pool becomes a space for relaxation and connection. Whether hosting gatherings or enjoying quiet time, the pool adds value to everyday life. Pool opening service and pool closing service support that experience by keeping the pool ready when it matters most.

The HelloNation article concludes that understanding what is included in seasonal pool service helps homeowners set clear expectations and maintain their pool with confidence. With proper pool maintenance, water balancing, and use of a secure pool cover, owning a backyard pool in Lansing becomes both simple and enjoyable.

What Is Included With Pool Opening & Closing Services in Lansing? features insights from Tina Possehn Wolbers, Pool & Landscaping Expert of Lansing, MI, in HelloNation.

About HelloNation

HelloNation is America’s Good News Network, a premier media platform built on the idea that good news travels faster when real people tell real stories. Through its community-focused publications and innovative “edvertising” approach, HelloNation delivers content that informs, inspires, and spotlights the leaders making a meaningful impact in their communities.

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Verra Mobility Schedules Second Quarter 2026 Earnings Call

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MESA, Ariz., July 24, 2026 /PRNewswire/ — Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, announced today that it will report financial results for the second quarter ended June 30, 2026, after market close on August 5, 2026.

Verra Mobility’s Interim Chief Executive Officer, Jon Keyser, and Chief Financial Officer, Craig Conti, will host a conference call and live webcast to discuss financial results for investors and analysts at 5:00 p.m. ET on August 5, 2026.

A live webcast will be available on the Company’s Investor Relations website at ir.verramobility.com. To access this conference call by telephone, register here to receive dial-in numbers and a unique PIN to join the call. A replay of the call will also be made available on the Investor Relations website.

In addition, an archived webcast will be available in the “News & Events” section of Verra Mobility’s Investor Relations website at ir.verramobility.com.

About Verra Mobility

Verra Mobility Corporation (NASDAQ: VRRM) is a leading provider of smart mobility technology solutions that make transportation safer, smarter and more connected. The company sits at the center of the mobility ecosystem, bringing together vehicles, hardware, software, data and people to enable safe, efficient solutions for customers globally. Verra Mobility’s transportation safety systems and parking management solutions protect lives, improve urban and motorway mobility and support healthier communities. The company also solves complex payment, utilization and compliance challenges for fleet owners and rental car companies. Headquartered in Arizona, Verra Mobility principally operates in North America, Europe and Australia. For more information, please visit www.verramobility.com.

Forward Looking Statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements about Verra Mobility’s plans, objectives, expectations, beliefs and intentions and other statements including words such as “hope,” “anticipate,” “may,” “believe,” “expect,” “intend,” “will,” “should,” “plan,” “estimate,” “predict,” “continue” and “potential” or the negative of these terms or other comparable terminology. The forward-looking statements herein represent the judgment of Verra Mobility, as of the date of this release, and Verra Mobility disclaims any intent or obligation to update forward-looking statements. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those currently anticipated. This press release should be read in conjunction with the information included in Verra Mobility’s other press releases, reports and other filings with the SEC and on the SEC website, www.sec.gov. Understanding the information contained in these filings is important in order to fully understand Verra Mobility’s reported financial results and our business outlook for future periods. Actual results may differ materially from the results anticipated in the forward-looking statements and the assumptions and estimates used as a basis for the forward-looking statements.

Additional Information

We periodically provide information for investors on our corporate website, www.verramobility.com, and our investor relations website, ir.verramobility.com. We intend to use our website as a means of disclosing material non-public information and for complying with disclosure obligations under Regulation FD. Accordingly, investors should monitor our website, in addition to following the Company’s press releases, SEC filings and public conference calls and webcasts.

Media Relations:

Investor Relations:

Valerie Schneider

Mark Zindler

valerie.schneider@verramobility.com

mark.zindler@verramobility.com 

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