Horticulture Lighting Market Statistics, Cagr, Outlook, And Covid-19 Impact 2021 – 2027 - Philips Lighting, Gavita Holland, GE Lighting, OSRAM, Agrolux

The Horticulture Lighting Market report is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data that enhances the understanding, scope, and application of this report.

The Global Horticulture Lighting Market Size is Projected to Reach at a CAGR of 22% during 2021-2027.

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Top Leading Companies:

Philips Lighting, Gavita Holland, GE Lighting, OSRAM, Agrolux, Heliospectra, Hortilux Schreder, Lumileds, PARsource, Illumitex, Hubbell, Maxigrow, Bridgelux, Eye Hortilux, LumiGrow

Recent Developments

In September 2020, Valoya has expanded its RX-Series line of greenhouse LEDs with two new models – RX500 and RX600. The new models can be used as true 1-to-1 HPS replacements and it can produce up to the staggering 1700 µmol/s of uniform light output. The high light intensity they produce enables them to be positioned high above the canopy, as much as 4 meters above it.
In September 2020, Fluence by OSRAM, a leading global provider of energy-efficient LED lighting solutions for commercial and agriculture production, announced that it has partnered with The Lamphouse, the largest supplier of specialized lamps in Africa. With more than 40 years of experience in numerous speciality lighting sectors, The Lamphouse is Fluence’s exclusive partner serving South Africa’s professional horticulture stores and fulfilling large commercial projects.
In August 2020, Signify signed an agreement with Yunnan AiBiDa Greenhouse Technology Co., Ltd (China), a greenhouse floriculture production company. Through this agreement, the company aims to expand Philips horticulture research partner network in China and serve its Chinese floriculture business.
In June 2020, Fluence by OSRAM launched 4 additional spectra on its VYPR top light series, featuring market-leading efficacies up to 3.8 µmol/J. From broad white to high red, Fluence’s extended PhysioSpec spectra enable growers to optimize lighting strategies for any crop in any growth stage or geographic location.
In March 2020, Signify acquired Cooper Lighting Solutions (US), a leading provider of professional lighting, lighting controls, and connected lighting, from Eaton. Eaton is a leading provider of professional lighting, lighting controls, and connected lighting. With this acquisition, the company can strengthen its position in the North American market.
In February 2020, Signify expanded its product range for greenhouse horticulture lighting. The new version of the Greenpower LED toplighting linear system offers the most uniform light distribution in the greenhouse application. The maximum light output has been increased from 620 to 1000 μmol/s, and it is a lot more energy efficient than the previous version.
In January 2020, Heliospectra AB received a contract to offer MITRA LED lighting solutions to Nectar Farms in Victoria (Australia). This solution will enable Nectar Farms to scale glasshouse tomato production.

Horticulture Lighting Market Segmentation by Type:

Fluorescent Lamps
High-intensity Discharge (HID) Lights
LED Lights
Others

Horticulture Lighting Market Segmentation by Application:

Greenhouses
Vertical Farming
Indoor Farming
Others

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Europe is projected to register the largest market share of the horticulture lighting market

Europe is projected to register largest market share of the horticulture lighting market in 2025. The growth of the market in this region can be attributed to the fact that the region has the strongest economies in the world, along with flourishing industries that lead to increased capital investment capabilities. Countries such as the Netherlands, Spain, France, and Italy have large areas under greenhouse cultivation. The use of LED grow lights in this region is gradually increasing from being a supplemental lighting source to becoming a primary light source for indoor farming. The population of Europe has expanded rapidly in recent times, and countries of the region are importing fruits and vegetables in frozen form from Africa and Asia.

Regional Horticulture Lighting Market (Regional Output, Demand & Forecast by Countries)

North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.

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Highlights of the Horticulture Lighting Market Report:

Detailed overview of Horticulture Lighting Market
Changing the Horticulture Lighting market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected Horticulture Lighting market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Horticulture Lighting Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth.

The research includes historic data from 2016 to 2021 and forecasts until 2027 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.

Finally, the Horticulture Lighting Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, and market development rate and figure, and so on. Horticulture Lighting industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.

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