Horticulture Lighting Market Revenue Poised for Significant Growth During the Forecast Period of 2021-2028

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Rising demand for more energy-efficient LEDs in horticulture sector to maximize crop yield and reduce energy consumption are some key factors driving market revenue growth

 

The Global Horticulture Lighting Market report assesses the historical and current data along with a thorough analysis of the market dynamics. The report also sheds light on the significant market growth driving and restraining factors that are anticipated to influence the market growth through the forecast period. The Global Horticulture Lighting Market studies the market scenario to offer growth projections for the Horticulture Lighting industry for the forecast period of 2021-2028. The report focuses on potential growth opportunities and limitations the prominent players of the industry might face during the entirety of the forecast timeline. The report pays special heed to the emerging business components, niche sectors, and product launches and brand promotions occurring in the market to help the readers make fruitful investment strategies.

Increasing awareness among farmers regarding the benefits of vertical farming is expected to have significantly favorable impact on the market. Vertical farming optimizes resources and indoor space and entails stacking of farming structures vertically to hold growing plants. Rising need to minimize water and fertilizer usage to reduce environmental degradation and impact are other key factors contributing to increasing deployment of vertical farming.

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The Global Horticulture Lighting Report is a panoramic study of the overall Horticulture Lighting market published by Emergen Research and covers a wide-ranging analysis of the technological advancements and product developments in the Horticulture Lighting market. The report provides a detailed analysis of the key factors of the Horticulture Lighting market that are expected to have a positive impact on the growth of the Horticulture Lighting industry.

Key companies operating in the Horticulture Lighting market include:

  • Signify,
  • Gavita International B.V.,
  • Heliospectra,
  • Osram Licht AG,
  • California Lightworks,
  • Valoya,
  • LumiGrow,
  • Hortilux Schréder,
  • EYE HORTILUX, and
  • ILUMINAR Lighting.

The global Horticulture Lighting market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East Africa. It evaluates the presence of the global Horticulture Lighting market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements.

Key Benefits of the Report:

  • Comprehensive analysis of the competitive scenario and its changing dynamics
  • Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
  • In-depth 8-year analysis of the Global Horticulture Lighting Market
  • Critical understanding of the key market segments
  • Comprehensive analysis of the drivers, restraints, trends, and opportunities
  • Detailed regional analysis and extensive company profiling
  • Extensive assessment of current and emerging trends of the market

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The report is an investigative study of the technological developments and product advancements, along with a regional analysis for each product and application offered in the market. The fundamental objective of the report is to give an insight into the workings of the Horticulture Lighting industry.

Emergen Research has segmented the global horticulture lighting market on the basis of lighting type, lighting technology, application, and region:

Lighting Type Outlook (Revenue, USD Billion; 2018–2028)

  • Interlighting
  • Toplighting

Lighting Technology Outlook (Revenue, USD Billion; 2018–2028)

  • Light-Emitting Diode (LED)
  • High-Intensity Discharge (HID)
  • Others      

Application Outlook (Revenue, USD Billion; 2018–2028)

  • Indoor Farms
  • Vertical Farms
  • Greenhouses

The report further studies the key companies operating in the industry and their company profiles, product portfolio, expansion strategies, and strategic alliances such as mergers and acquisitions, collaborations, and joint ventures, among others. It also offers insights into their market reach and global position, along with highlights about their achievements and financial standings.

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