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Farming today there is no guarantee on a good crop year after year with the unpredictable weather the UK is renown for. Climate change is having a significant impact in the quality of crop and cereals we find in todays supermarkets. In 2020 agricultural crop was seriously affected by lack of water.
Farmers can no longer take the risk of waiting for the weather to improve to be guaranteed a good crop and so Agritech was invented.
Agricultural technology or agrotechnology is the use of technology in agriculture, horticulture, and aquaculture with the aim of improving yield, efficiency and profitability.
Agritech companies are finding new and novel ways of meeting this challenge head-on with LED Grow light installations in various forms; greenhouse, vertical farms, Indoor and underground farms as well as container farms.
According to research (global newswire) the global Greenhouse Horticulture Market in 2019 was approximately USD 17 Billion. The market is expected to grow at a CAGR of 10% and is anticipated to reach around USD 40 Billion by 2026.