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Stock impact report

Hydroponic Equipment Market Poised for Expansion to US$8.6 Billion by 2029, Fueled by Technological Advances in Indoor Farming [Yahoo! Finance]

Hydrofarm Holdings Group, Inc. (HYFM) 
Company Research Source: Yahoo! Finance
The global market for Hydroponic Equipment, valued at approximately US$4.8 billion in 2023, is projected to achieve significant growth, reaching an estimated value of US$8.6 billion by the end of 2029, advancing at a CAGR of 10.1% over the forecast period from 2023 to 2029. An in-depth analysis encapsulated within the latest market study provides a granular outlook on the burgeoning Hydroponic Equipment market across various regions and segments. This expansive growth can be attributed to the increasing adoption of indoor farming techniques and the rise of sustainable agriculture practices. The market compendium segments the Hydroponic Equipment landscape into essential categories including, but not limited to: Heating, Ventilation & Air Conditioning (HVAC) Systems LED Grow Lights Irrigation Systems Control Systems Material Handling Equipment Furthermore, a regional analysis showcases market dynamics within North America, Europe, Asia-Pacific, South America, and the M Show less Read more
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