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Global Hydroponic Systems Market is Estimated to Reach USD 16.63 billion by 2025

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The global hydroponic systems market is growing at an exceptional rate. One of the major reasons for the high demand for hydroponic systems is the rising focus on hydroponics farming. As per the data made available by Research And Markets, the worldwide hydroponic systems market is expected to reach USD 16.63 Bn by the year 2025.

This global hydroponic systems market stood at USD 9.5 billion in 2020 and it is expected to grow at a CAGR of 11.9% during the forecast period, 2020-25. Hydroponics farming is gaining popularity across the world due to the rising demand for different food products. Hydroponics farming produces higher yields in comparison to traditional farming.

Moreover, it allows everyone to grow a high density of plants in a given area and one can produce crops throughout the year. It doesn’t require the use of soil for crop production but it involves the use of nutrients to produce a certain amount of yield.

Smart greenhouses make use of different technologies such as HVAC systems, LED grow lights, communication technology, irrigation systems, control systems, material handling, valves & pumps to produce crops. It is seen that LED grow lights and HVAC enjoy a major share in the smart greenhouse market.

The demand for fresh food is rising in developing countries and gulf countries due to which this urban farming is enjoying a high popularity. It has led to a boom in rooftop farming which is boosting the demand for this market.

It is seen that Eden Horticulture, the UK’s leading hydroponics wholesaler is witnessing a hike in its demand for hydroponic equipment and services. And this demand is expected to increase in the coming years.

The idea of Bigtime Daily landed this engineer cum journalist from a multi-national company to the digital avenue. Matthew brought life to this idea and rendered all that was necessary to create an interactive and attractive platform for the readers. Apart from managing the platform, he also contributes his expertise in business niche.

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Business

Robert DeFalco Realty Leads the Way with Strategic Expansion and Philanthropy

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Robert DeFalco, the visionary founder and Owner/Operator of Robert DeFalco Realty, cemented his reputation as a huge force in the real estate industry. His firm, recognized as the #1 real estate company in Staten Island, embarked on a significant expansion this year, solidifying its status as a comprehensive hub for real estate services in New York and New Jersey.

Strategic Growth and New Partnerships

This growth involves not only a physical expansion, but also a strategic partnership with Think Mortgage, a prominent mortgage firm with a strong presence in Brooklyn and Staten Island. The collaboration aligns perfectly with DeFalco’s vision of providing seamless and integrated real estate transactions.

“We are creating a holistic experience,” stated DeFalco.

By partnering with Think Mortgage, Robert DeFalco Realty ensures clients can find their ideal home and secure the best possible mortgage rates, simplifying the process into a smooth journey from start to finish — all in one building.

Comprehensive Services Under One Roof

The firm moved to a new location in Brooklyn, occupying an entire corner block to house its operations. The expansion ensures that clients can access all necessary services under one roof, including real estate and mortgage services, in-house title services, legal expertise, and more. The move underscores DeFalco’s commitment to providing unparalleled convenience for clients.

“We are creating a synergy where all real estate needs are met promptly and professionally, right here,” added DeFalco.

A Legacy of Philanthropy

Beyond his professional achievements, DeFalco is renowned for his philanthropic efforts. He believes in the responsibility of businesses to give back to their communities. Under his leadership, Robert DeFalco Realty is a leading sponsor for the Making Strides Against Breast Cancer walk, raising substantial funds annually.

In 2019, the Emergency Children’s Help Organization honored DeFalco for his significant contributions, recognizing him with the Man of the Year Award. His dedication to philanthropy also earned him the Service and Dedication Award from the Juvenile Diabetes Research Foundation in 2022.

Community Engagement and Support

Robert DeFalco Realty’s commitment to philanthropy extends to various community events and local charities. The firm supports a wide range of organizations, including the American Cancer Society, City Harvest, Monmouth University, St. Peters High School, and many more. Their efforts make a substantial positive impact, with total donations surpassing $1,000,000.

Most recently, DeFalco attended and sponsored the ECHO Foundation, GRACE Foundation, and Tunnel to Towers events in various capacities.

Looking Forward

With its recent expansion and continued commitment to comprehensive real estate services, Robert DeFalco Realty reaffirms its position as the premier one-stop real estate shop in the northeastern region. The firm continues to uphold its foundational philosophy of treating people well, a mantra that has guided its operations since its inception in 1987 and continues to inspire its growth and innovation today.

About Robert DeFalco

Robert DeFalco Realty was founded in 1987 by Robert DeFalco, a real estate Broker/Owner who wanted to help families achieve their dream of homeownership. Through the philosophy ‘Treat People Well,’ Robert DeFalco has grown into a successful real estate agency led by a professional team of highly motivated real estate associates with experience in residential, commercial, and new real estate development. For more information, please visit https://www.defalcorealty.com/ 

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