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.