Press release
Horticulture Lighting Market is projected to reach USD 9.50 Bn by 2029, growing at a CAGR of 21.4% during the forecast period
Horticulture Lighting Market
Maximize Market Research Pvt Ltd, headquartered in Pune, India, introduces an extensive Horticulture Lighting Market report that offers invaluable insights into market trends, competitive landscapes, and the revenue impact of the COVID-19 pandemic on market leaders, followers, and disruptors.
Our research methodology leverages meticulous analysis, incorporating primary and secondary research data, to provide an accurate overview of the Horticulture Lighting Market.
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Horticulture Lighting Market Dynamics:
Drivers: Horticulture lighting, artificial light sources that supplement natural daylight, is driven by a steady supply of crops despite adverse weather conditions, global population growth, and limited agricultural land.
Increased demand for year-round high-quality yield, legalization for medicinal purposes, and government support for energy-efficient LEDs in horticulture are additional drivers.
Restraints: Challenges include the high cost and limited awareness of horticulture lighting, as well as the feasibility of cultivating a restricted range of crop species.
The need for various light spectrums for specific crop varieties and the acceptance of controlled-environment agriculture for large fields pose challenges.
Horticulture Lighting Market Regional Insights:
Europe dominated the market in 2022 with a substantial market share and is expected to continue its growth due to the demand for horticulture lighting in greenhouses, vertical farming, and indoor farming.
North America, holding the second-largest market share, is projected to grow significantly, driven by increasing greenhouses and the adoption of new farming techniques.
Asia Pacific is anticipated to experience high growth due to increasing disposable income and population, along with a focus on modern farming techniques in response to limited agricultural land availability.
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Horticulture Lighting Market Segmentation:
by Offering
Hardware
Software
Services
by Lighting Type
Top-lighting
Inter-lighting
Photoperiodic lighting
Supplemental lighting
Sole-source lighting
by Deployment
Turnkey solutions
Retrofit solutions
by Cultivationl
Get more insight on other
Fruits & Vegetables
Floriculture
by Application
Greenhouses
Vertical Farming
Indoor Farming
Others
by Technology
Fluorescent Lamps
High-Intensity Discharge (HID) Lights
LED Lights
Other Technologies
Horticulture Lighting Market Key Players:
1. Signify Holding
2. Gavita International B.V.
3. GE Lighting
4. OSRAM GmbH
5. Agrolux
6. Heliospectra AB
7. Hortilux Schréder B.V.
8. Lumileds Holding B.V.
9. PARsource
10.Illumitex Inc.
11.Hubbell Inc.
12.Maxigrow
13.Bridgelux
14.Eye Hortilux
15.Lumigrow
16.Excite LED Grow Lights
17.Greens Hydroponics
18.UPSHINE Lighting
19.TESLUX Lighting s.r.o.
20.Hortisystems UK Ltd
21.ProGrowTech
22.Ronfell Group
23.SAMSUNG Electronics Co. Ltd.
24.BSSLED Manufacturing Ltd.
25.Forge Europa
26.Cropmaster LED
27.TE Connectivity Ltd.
28.Cree, Inc.
29.DiCon Lighting
30.Valoya
31.EVERLIGHT
To Know More Details of Report: https://www.maximizemarketresearch.com/market-report/global-horticulture-lighting-market/64549/
Table of content for the Horticulture Lighting Market includes:
1. Global Horticulture Lighting Market: Research Methodology
2. Global Horticulture Lighting Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3. Global Horticulture Lighting Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
Key Offerings:
• Past Market Size and Competitive Landscape
• Past Pricing and price curve by region
• Market Size, Share, Size and Forecast by different segment | 2023-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by growth and trend
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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Contact Maximize Market Research:
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Pune Banglore Highway,Narhe
Pune, Maharashtra 411041, India.
✆ +91 9607365656
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🌐 https://www.maximizemarketresearch.com
About Maximize Market Research:
Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of the majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.
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