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Global Horticulture Lighting Market Size & Trends

Global Horticulture Lighting Market Size & Trends

Global Horticulture Lighting Market Size & Trends

According to a new market research report published by Global Market Estimates, the global horticulture lighting market is projected to grow at a CAGR of 22.6% from 2023 to 2028.
The growth of the global horticulture lighting market is driven by rise in indoor and vertical farming practices, growing population, increasing demand for year-round produce, advancements in LED technology, government support for sustainable agriculture, and the rising awareness of energy-efficient and controlled environment agriculture practices.

Browse 147 Market Data Tables and 115 Figures spread through 163 Pages and in-depth TOC on "Global Horticulture Lighting Market - Forecast to 2028'' https://www.globalmarketestimates.com/market-report/horticulture-lighting-market

By Offering (Hardware and Software & Services), By Cultivation Type (Fruits & Vegetables, Floriculture), By Technology (Fluorescent, High-intensity Discharge, Light-emitting Diode, and Others), By Application (Greenhouse, Vertical Farms, Indoor Farms, and Others), and By Region (North America, Asia Pacific, Central and South America, Europe, and Middle East and Africa), Competitive Landscape, Company Market Share Analysis, and End User Analysis

Key Market Insights
• As per the offering outlook, the hardware segment is expected to be the largest segment in the global horticulture lighting market from 2023 to 2028
• As per the cultivation type outlook, fruits and vegetables is expected to be the largest segment in the global horticulture lighting market from 2023 to 2028
• Asia Pacific is analyzed to be the fastest-growing region in the market
• North America is estimated to hold the largest share of the market during the forecast period from 2023-2028
• Signify Holding, Gavita International B.V., Heliospectra, ams-OSRAM International GmbH, California LightWorks, Valoya, Hortilux Schréder, ILUMINAR Lighting, Current Lighting Solutions, LLC., and GE Lighting, among others, are some of the key players operating in the global horticulture lighting market

Offering Outlook (Revenue, USD Billion, 2023-2028)
• Hardware
• Software & Services

Cultivation Type Outlook (Revenue, USD Billion, 2023-2028)
• Fruits & Vegetables
• Floriculture

Technology Outlook (Revenue, USD Billion, 2023-2028)
• Fluorescent
• High-intensity Discharge
• Light-emitting Diode
• Others

Application Outlook (Revenue, USD Billion, 2023-2028)
• Greenhouse
• Vertical Farms
• Indoor Farms
• Others

By Regional Outlook (Revenue, USD Billion, 2023-2028)
North America
• U.S.
• Canada
• Mexico
Europe
• Germany
• U.K.
• France
• Spain
• Italy
• Netherlands
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• South Korea
• Thailand
• Indonesia
• Malaysia
• Singapore
• Vietnam
• Rest of APAC
Central and South America
• Brazil
• Argentina
• Chile
• Rest of CSA
Middle East and Africa
• Saudi Arabia
• UAE
• Israel
• South Africa
• Rest of MEA

Contact: Yash Jain
Director- Global Accounts & Strategic Advisory
Email address: yash.jain@globalmarketestimates.com
Phone Number: +1 6026667238
Website: www.globalmarketestimates.com

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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