Industry Experts - Market Research Reports, Industry Analysis, Custom Research

Industry Experts, Inc. introduced the global market research report " Hydroponics Equipment – A Global Market Overview ". According to this new report, HVAC is estimated the largest segment among the Hydroponics Equipment with US$1.4 billion in 2023 accounting for a share of 28.8% while LED Grow Lights segment is projected to grow with a fastest CAGR of 11.3% during the period 2023-2029. Hydroponics equipment is primarily needed for indoor farming and comprises Heating, Ventilation, & Air Conditioning (HVAC) Systems, LED Grow Lights, Irrigation Systems, Control Systems and Material Handling Equipment. These form crucial inputs that need to be considered while setting up a hydroponics farm. While the initial costs of establishing an indoor hydroponics farm might seem expensive, the returns over the longer run more often than not outweigh the initial outlay. Because of this, the extent of hydroponic farming across the globe has been growing quite rapidly. Europe is expect

Industry Experts, Inc. released the 2024 version of an in-depth global market research report " Engineering Plastics – A Global Market Overview ". As per this new report, Engineering plastics sales volumes rebounded to normal growth in 2023 despite general economic uncertainty. Future growth of the engineering plastics market is mainly driven by the established markets of automotive & transportation, electrical & electronics, and appliances. The engineering plastics sector plays a pivotal role in various industries, spanning automotive, electronics, appliances, construction, healthcare, and more. Its robust growth is fueled by the relentless pursuit of high-performance materials that offer durability, versatility, and enhanced mechanical properties. Unlike commodity plastics, which are used for general purposes, engineering plastics are designed for specific applications that demand enhanced performance in challenging environments. Global volume consumption of engin

Industry Experts, Inc. published the latest market research report on Hydroponics. As per the new report entitled " Global Hydroponics Market – System Types, Input Types and Crop Types ", Asia-Pacific region is poised to exhibit the fastest growth during 2023-2029 with a CAGR of 12.9% closely followed by Europe with 12.6%. Europe leads the global Hydroponics market with an estimated US$4.9 billion in 2023. Scarcity of arable land, depleting water resources and migration of people from rural to urban areas in search of adequate livelihood are having a huge adverse impact on agriculture the world over. Coupled with these is the fact that population growth is continuing unabated and forests are being cut down to accommodate this growing mass of people, resulting in climate change. Even with these detrimental factors playing a vital role in decreased agricultural output, the use of open-field agriculture is widely prevalent worldwide, with no consideration given to thousands of