Press release
Global Horticulture LED Lighting Market Size & Trends
Global Horticulture LED Lighting Market Size & Trends
The major driver in the horticulture LED lighting market is the increase in disposable income of developing countries. Many consumers are relying on homegrown fruits and vegetables. This increases demand for greenhouses vertical and indoor farms. Horticulture lighting is energy efficient and the energy consumption is less than regular farming. These advantages drive the market during the forecast period.
Browse 153 Market Data Tables and 113 Figures spread through 185 Pages and in-depth TOC on "Global Horticulture LED Lighting Market - Forecast to 2027'' https://www.globalmarketestimates.com/market-report/horticulture-led-lighting-market-3838
By Technology (Fluorescent, HID, LED), By Application (Greenhouses, Vertical Farms, Indoor Farms), By Region (North America, Asia Pacific, Central & South America, Europe, and the Middle East & Africa), End-User Landscape Analysis, Company Market Share Analysis, and Competitor Analysis
Key Market Insights
• As per the technology outlook, the fluorescent segment is expected to be the largest segment in the horticulture LED lighting market from 2022 to 2027
• The Asia Pacific region is analyzed to be the fastest-growing segment in the market
• United States has the largest share in the market during the forecast period of 2022-2027
• As per the application type, the greenhouses segment is expected to be the largest segment in the Horticulture LED Lighting market from 2022 to 2027
• Signify Holding, Gavita, Valoya, Osram, LumiGrow Inc., Savat Company, Hubbell, Iluminar Lighting, and Agrolux, among others, are the key players in the horticulture LED lighting market
Technology Outlook (Revenue, USD Billion, 2022-2027)
• Fluorescent
• HID
• LED
Vertical Outlook (Revenue, USD Billion, 2022-2027)
• Greenhouses
• Vertical Farms
• Indoor Farms
Regional Outlook (Revenue, USD Billion, 2022-2027)
North America
• The U.S.
• Canada
• Mexico
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
• Rest of APAC
Central & South America
• Brazil
• Argentina
• Rest of CSA
Middle East & Africa
• Saudi Arabia
• UAE
• Rest of MEA
Contact: Yash Jain
Email address: yash.jain@globalmarketestimates.com
Phone Number: +1 6026667238
B-502, Kemp Plaza, Mindspace, Malad West, Mumbai: 400 064, India
Global Market Estimates is an India based market research and consulting company. The company provides syndicated research reports, customised research reports and consulting services to their clients and helps them achieve their business goals on a commercial level. Global Market Estimates database is used by the world's well known and prolific academic institutions and Fortune 500 companies to understand the global and regional business environment to excel in their business goals.
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