Market Overview:
The global NFT piping system market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for fresh fruits and vegetables, rising awareness about healthy eating habits, and technological advancements in agriculture sector. The global NFT piping system market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into steel and plastic segments. The steel segment dominates the global NFT piping system market owing to its high durability as compared to other materials used for manufacturing pipes such as plastic or PVC pipes. However, with increasing environmental concerns regarding use of plastics across various industries including agriculture sector, there is a growing demand for plastic-based NFT systems over traditional metal-based systems. This trend is expected to continue during the forecast period from 2018 to 2030. On the basis of application,the global NFT piping systemmarketis divided into vegetable hydroponicsand fruit hydroponicssegments .
Product Definition:
An NFT (nutrient film technique) piping system is a type of hydroponic gardening that uses a thin film of water to deliver nutrients to plants. This type of system is often used for growing herbs, vegetables, and other plants in small spaces. The importance of an NFT piping system lies in its ability to provide a consistent flow of nutrients and oxygen to the plants' roots, which results in high yields and minimal waste.
Steel:
Steel is a alloy of iron and carbon. It has wide applications in the building & construction industry due to its properties such as corrosion resistance, high strength, durability and low cost. Steel alloys are used in pipes for water distribution systems, oil & gas transportation systems and sewage treatment plants among others.
Plastic:
Plastic is a widely used material in the construction industry. It can be categorized into two types, namely Polyvinyl Chloride (PVC) and Polypropylene (PP). PVC piping systems are used for water distribution in residential and commercial buildings. On the other hand, PP piping systems are utilized for gas transmission in natural gas distribution networks.
Application Insights:
The global demand has witnessed a paradigm shift due to the growing popularity of vertical farming. Vertical and indoor farming involves the use of hydroponics, wherein crops are grown without soil in a nutrient-rich medium such as water. This method is being widely adopted by home gardeners and hobbyists across the globe owing to its low cost, easy availability of supplies and effective utilization of space.
The global vegetable hydroponics market was valued at USD 2.97 billion in 2017 on account with increasing consumer preference for healthy food produced within their own kitchen gardens at home or at work places. The fruit hydroponics segment is expected to witness significant growth over the forecast period owing to high product adoption among commercial cultivators worldwide for efficient cultivation practices without using any kind of pesticides or chemical fertilizers since it does not require much maintenance when compared with conventional methods used for gardening outdoors on soil surfaces.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing increasing demand for hydroponic systems, which are used for producing leafy vegetables and fruits. This trend is projected to drive the regional market growth over the forecast period.
The growing number of urban population in Asia Pacific countries such as China, India, Japan and South Korea has increased pressure on agricultural land resulting into a need to find alternatives for traditional farming practices that are environmentally unfriendly or produce low crop yield. This factor is anticipated to drive regional adoption of hydroponic systems that require less space and resources as compared with conventional soil-based cultivation techniques thereby driving product demand over the next eight years.
Growth Factors:
- Increasing demand from the construction and infrastructure sector
- Growing awareness about the benefits of using NFT piping systems
- Rising demand for advanced piping systems in water management and irrigation applications
- Technological advancements in manufacturing processes of NFT piping systems
- Growing popularity of green buildings and sustainable construction practices
Scope Of The Report
Report Attributes
Report Details
Report Title
NFT Piping System Market Research Report
By Type
Steel, Plastic
By Application
Vegetable Hydroponics, Fruit Hydroponics, Soilless Cultivation
By Companies
Hydroponic Systems, Codema, Haygrove, Vefi, Barre, Onurplas, Idroterm Serre, Alweco, Rufepa, Meteor Systems, Hangzhou China Agrotime Co Ltd
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
202
Number of Tables & Figures
142
Customization Available
Yes, the report can be customized as per your need.
Global NFT Piping System Market Report Segments:
The global NFT Piping System market is segmented on the basis of:
Types
Steel, Plastic
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Vegetable Hydroponics, Fruit Hydroponics, Soilless Cultivation
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Hydroponic Systems
- Codema
- Haygrove
- Vefi
- Barre
- Onurplas
- Idroterm Serre
- Alweco
- Rufepa
- Meteor Systems
- Hangzhou China Agrotime Co Ltd
Highlights of The NFT Piping System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Steel
- Plastic
- By Application:
- Vegetable Hydroponics
- Fruit Hydroponics
- Soilless Cultivation
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the NFT Piping System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
NFT Piping System is a blockchain technology that allows for the secure, fast and inexpensive transfer of NFTs. It uses a peer-to-peer network to facilitate the transfer of ownership and enables tamperproof tracking of assets.
Some of the major companies in the nft piping system market are Hydroponic Systems, Codema, Haygrove, Vefi, Barre, Onurplas, Idroterm Serre, Alweco, Rufepa, Meteor Systems, Hangzhou China Agrotime Co Ltd.
The nft piping system market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 NFT Piping System Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 NFT Piping System Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 NFT Piping System Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the NFT Piping System Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global NFT Piping System Market Size & Forecast, 2018-2028 4.5.1 NFT Piping System Market Size and Y-o-Y Growth 4.5.2 NFT Piping System Market Absolute $ Opportunity
Chapter 5 Global NFT Piping System Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 NFT Piping System Market Size Forecast by Type
5.2.1 Steel
5.2.2 Plastic
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global NFT Piping System Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 NFT Piping System Market Size Forecast by Applications
6.2.1 Vegetable Hydroponics
6.2.2 Fruit Hydroponics
6.2.3 Soilless Cultivation
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global NFT Piping System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 NFT Piping System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America NFT Piping System Analysis and Forecast
9.1 Introduction
9.2 North America NFT Piping System Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America NFT Piping System Market Size Forecast by Type
9.6.1 Steel
9.6.2 Plastic
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America NFT Piping System Market Size Forecast by Applications
9.10.1 Vegetable Hydroponics
9.10.2 Fruit Hydroponics
9.10.3 Soilless Cultivation
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe NFT Piping System Analysis and Forecast
10.1 Introduction
10.2 Europe NFT Piping System Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe NFT Piping System Market Size Forecast by Type
10.6.1 Steel
10.6.2 Plastic
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe NFT Piping System Market Size Forecast by Applications
10.10.1 Vegetable Hydroponics
10.10.2 Fruit Hydroponics
10.10.3 Soilless Cultivation
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific NFT Piping System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific NFT Piping System Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific NFT Piping System Market Size Forecast by Type
11.6.1 Steel
11.6.2 Plastic
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific NFT Piping System Market Size Forecast by Applications
11.10.1 Vegetable Hydroponics
11.10.2 Fruit Hydroponics
11.10.3 Soilless Cultivation
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America NFT Piping System Analysis and Forecast
12.1 Introduction
12.2 Latin America NFT Piping System Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America NFT Piping System Market Size Forecast by Type
12.6.1 Steel
12.6.2 Plastic
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America NFT Piping System Market Size Forecast by Applications
12.10.1 Vegetable Hydroponics
12.10.2 Fruit Hydroponics
12.10.3 Soilless Cultivation
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) NFT Piping System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) NFT Piping System Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) NFT Piping System Market Size Forecast by Type
13.6.1 Steel
13.6.2 Plastic
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) NFT Piping System Market Size Forecast by Applications
13.10.1 Vegetable Hydroponics
13.10.2 Fruit Hydroponics
13.10.3 Soilless Cultivation
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 NFT Piping System Market: Competitive Dashboard
14.2 Global NFT Piping System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hydroponic Systems
14.3.2 Codema
14.3.3 Haygrove
14.3.4 Vefi
14.3.5 Barre
14.3.6 Onurplas
14.3.7 Idroterm Serre
14.3.8 Alweco
14.3.9 Rufepa
14.3.10 Meteor Systems
14.3.11 Hangzhou China Agrotime Co Ltd