Horticulture Lighting Market Outlook to 2027 | Leading Players Agrolux, Bridgelux, Gavita Holland, Heliospectra, Hortilux Schreder, ILLUMITEX, Lumileds Holding, OSRAM, PARsource, Signify Holding

The "Horticulture Lighting Market" is a specialized and in-depth study of the electronics and semiconductor industry with a special focus on the global market trend analysis. The report aims to provide an overview of horticulture lighting market with detailed market segmentation by technology, application, cultivation, and geography. The horticulture lighting market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.

Horticulture lights function as a replacement for sunlight as the catalyst in the plant growth. Horticulture lighting is an artificial source of light that is used for the process of photosynthesis. These lights are useful in areas where there is lack of sunlight, thereby ensure natural growth of plants and flowers even with insufficient sunlight received. Increasing awareness about these lights will encourage the growth of horticulture lighting market.

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Increasing government initiatives and investments to promote horticulture farming, adoption of indoor and vertical farming, and availability of limited agricultural land is anticipated to drive the horticulture lighting market. However, the high cost of energy-efficient light and lack of knowledge about the type of light to be used for certain crops would hinder the growth of horticulture lighting market. The advanced features and advantages associated with the implementation horticulture light will provide opportunities to the players operating in the horticulture lighting market.

The horticulture lighting market is segmented on the basis of technology, application, cultivation, and geography. Based on technology, the horticulture lighting market is segmented as fluorescent lamps, high intensity discharge lights, and LED lights. On the basis of application, horticulture lighting market is segmented into greenhouses, vertical farming and indoor farming. On the basis of cultivation, horticulture lighting market is segmented into fruits and vegetables and floriculture.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the horticulture lighting market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The horticulture lighting market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting horticulture lighting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the horticulture lighting market in these regions.

Leading Horticulture Lighting Market Players:

- Agrolux
- Bridgelux Inc.
- Gavita Holland B.V.
- Heliospectra AB
- Hortilux Schreder
- ILLUMITEX
- Lumileds Holding B.V.
- OSRAM GmbH
- PARsource
- Signify Holding

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Key Elements that the report acknowledges:

- Market size and growth rate during forecast period.
- Key factors driving the Horticulture Lighting Market.
- Key market trends cracking up the growth of the Horticulture Lighting Market.
- Challenges to market growth.
- Key vendors of Horticulture Lighting Market.
- Detailed SWOT analysis.
- Opportunities and threats faces by the existing vendors in Global Horticulture Lighting Market.
- Trending factors influencing the market in the geographical regions.
- Strategic initiatives focusing the leading vendors.
- PEST analysis of the market in the five major regions.

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