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Horticultural LED Lighting Market 2020 | Growth Drivers, Challenges, Trends, Market Dynamics And Forecast To 2026
Horticultural LED Lighting Market
The “Global Horticultural LED Lighting Market Report 2026” offers a clear understanding of the subject matter. The report has been gathered using principal and subordinate research methodologies. Both these methods are directed towards cooperating accurate and meticulous data concerning the market dynamics, historical events, and the current market landscape. Additionally, the report includes a SWOT analysis that concludes the strengths, weaknesses, opportunities, and threats impacting the segment of the overall market.
Horticultural LED Lighting Market is growing at a High CAGR during the forecast period 2020-2026. The increasing interest of the individuals in this industry is the major reason for the expansion of this market.
Top Leading Companies of Global Horticultural LED Lighting Market are Philips, Osram, Everlight Electronics, Hubbell Lighting, Cree, General Electric, Gavita, Kessil, Fionia Lighting, Illumitex, Lumigrow, Valoya, Cidly, Heliospectra AB, Ohmax Optoelectronic
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Horticultural LED Lighting is composed of light-emitting diodes, usually in a casing with a heat sink and built-in fans. Horticultural LED Lights do not usually require separate ballast and can be plugged directly into a standard electrical socket. Horticultural LED Lighting can act as daylight in the absence of sunlight so that plants can be normal or better growth and development. Horticultural LED Lights have strong roots, encourage, adjust the flowering, color, to promote fruit ripening, color, and enhance the taste and quality of the role.
As for the horticultural LED lighting industry, the industry structure is relatively concentrated. The top 5 manufacturers occupied 41.67% of market share in 2016. The top 3 manufacturers are Philips, Osram, and General Electric. Philips which has a 12.95% market share in 2016 is the leader in the LED Grow Lights industry. The manufacturers following Philips are Osram and Everlight Electronics which respectively have 9.62% and 9.00% market share in 2016.
Global Horticultural LED Lighting Market Split by Product Type and Applications:
This report segments the global Horticultural LED Lighting Market on the basis of Types are:
Low Power (?300W)
High Power (?300W)
This report segments the Global Horticultural LED Lighting Market on the basis of Applications are:
Commercial Greenhouse
Indoor and Vertical Farming
R&D
Regional Analysis for Horticultural LED Lighting Market:
For a comprehensive understanding of market dynamics, the Global Horticultural LED Lighting Market is analyzed across key geographies namely North America, Europe, China, Japan, Southeast Asia, India, Central & South America. Each of these regions is analyzed on the basis of market findings across major countries in these regions for a macro-level understanding of the market.
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The market factors explained in the report:
Market Overview: It includes Horticultural LED Lighting Market study scope, top key players, segments, market analysis by application, market analysis by type, and other chapters that give an overview of the research study.
Executive Summary: The Horticultural LED Lighting Market report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
Regional Study: All of the regions and countries analyzed in the Horticultural LED Lighting Market report are studied on the basis of market size by application, the market size by product, key players, and market forecast.
Key Players: This part of the Horticultural LED Lighting Market report discusses expansion plans of companies, key mergers and acquisitions, funding and investment analysis, company establishment dates, revenues of manufacturers, and their areas served and manufacturing bases.
Market Forecast: Here, the report offers a complete forecast of the global Horticultural LED Lighting Market by product, application, and region. It also offers global sales and revenue forecasts for all years of the forecast period.
The research includes historic data from 2014 to 2019 and forecasts until 2026 which makes the report an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
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