Press release
Horticulture Lighting Market 2022-2027 skyrocketed revenue with key players Philips Lighting, Gavita Holland, GE Lighting
Horticulture Lighting Market report focused on the comprehensive analysis of current and future prospects of the Horticulture Lighting industry. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period. The research study provides market introduction, Horticulture Lighting market definition, regional market scope, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect elements analysis, Horticulture Lighting market size forecast, 100+ market data, Tables, Pie Chart, Graphs and Figures, and many more for business monitoring.Global Horticulture Lighting market is expected to register a CAGR of 20.61% in terms of value during forecast period 2022–2027.
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Market Overview:
Rapid population expansion and urbanization, decreasing water resources, and ongoing climate change as a result of increased greenhouse gas emissions have all contributed to decreased arable land reserves per person. As agricultural land becomes scarcer, policymakers are confronted with issues of sustainability and feeding the world's fast increasing population, which is expected to reach roughly 9.6 billion by 2050. Urban agriculture, greenhouses farming, and vertical farming are all examples of solutions for increasing future food production since they rely on increased technology and automation to make the most use of available land and water. Food production technology aspires to substantially improve production while minimizing environmental impact within the confines of urban, weather high-rise structures.
Top Key Vendors of Horticulture Lighting Market are:
Philips Lighting, Gavita Holland, GE Lighting, OSRAM, Agrolux, Heliospectra, Hortilux Schreder, Lumileds, PARsource, Illumitex, Hubbell, Maxigrow, Bridgelux, Eye Hortilux, LumiGrow *
This report segments the global Horticulture Lighting market on the basis of Types are:
Fluorescent Lamps
High-Intensity Discharge (HID) Lights
LED Lights
Others
On the basis of Application, the Global Horticulture Lighting market is segmented into:
Greenhouses
Vertical Farming
Indoor Farming
Others
Some Of The Recent Developments In The Market Are As Follows:
- July 2020 - The European Commission has approved the acquisition of Osram by Austrian optical sensor maker AMS, ruling that the combination of the two companies poses no competitive threat in the European Economic Area.
- September 2020 - Fluence Bioengineering, an Osram business unit referred to as Fluence by Osram, has announced a new solid-state lighting (SSL) distribution partnership with Israel-base Remy 108 Ltd, primarily focused on the burgeoning legalized cann-abis market in Israel.
Regional Outlook:
Europe is Expected to Hold the Largest Share:- Europe accounted for a significant share in the horticulture lighting market and continues to grow with other European countries promoting plant factory and providing subsidies to spur the local demands. The European Union's initiatives to encourage the adoption of LED technology are expected to create more opportunities for the providers of LED lights for the horticulture sector.- Increasing awareness of benefits and rising demand for food owing to the rising population is expected to drive the adoption of vertical farms in the region. Researchers in the Netherlands are calculating the viability of vertical farming in urban areas. For instance, Staay Food Group built a vertical farm in the country that is using Philips GreenPower LED horticultural lighting.
Various factors are responsible for the market’s growth trajectory, which are studied at length in the report. In addition, the report lists down the restraints that are posing threat to the global Horticulture Lighting market. This report is a consolidation of primary and secondary research, which provides market size, share, dynamics, and forecast for various segments and sub-segments considering the macro and micro environmental factors. It also gauges the bargaining power of suppliers and buyers, threat from new entrants and product substitute, and the degree of competition prevailing in the market.
The influence of the latest government guidelines is also analyzed in detail in the report. It studies the Horticulture Lighting market’s trajectory between forecast periods. The cost analysis of the Global Horticulture Lighting Market has been performed while keeping in view manufacturing expenses, labor cost, and raw materials and their market concentration rate, suppliers, and price trend.
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The report provides insights on the following pointers:
Market Penetration: Comprehensive information on the product portfolios of the top players in the Horticulture Lighting market.
Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market.
Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.
Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.
Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Horticulture Lighting market.
Regions Covered in the Global Horticulture Lighting Market Report 2022:
The Middle East and Africa (GCC Countries and Egypt)
North America (the United States, Mexico, and Canada)
South America (Brazil etc.)
Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
Reasons for buying this report:
It offers an analysis of changing competitive scenario.
For making informed decisions in the businesses, it offers analytical data with strategic planning methodologies.
Researchers throw light on the dynamics of the market such as drivers, restraints, trends, and opportunities.
It offers regional analysis of Horticulture Lighting Market along with business profiles of several stakeholders.
It offers seven-year assessment of Horticulture Lighting Market.
It helps in understanding the major key product segments.
It offers massive data about trending factors that will influence the progress of the Horticulture Lighting Market.
Table of Contents
Global Horticulture Lighting Market Research Report 2022 – 2027
Chapter 1 Horticulture Lighting Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Productions, Revenue (Value) by Region
Chapter 5 Global Supplies (Production), Consumption, Export, Import by Regions
Chapter 6 Global Productions, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Horticulture Lighting Market Forecast
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information, and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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