Press release
Horticulture Lighting Market Size, Trends, Latest Insights, Analysis and Forecast 2024-2031/ ACUITY BRANDS, INC., ams-OSRAM AG, General Electric Company
The global horticulture lighting market is anticipated to grow at a CAGR of 9.1% during the forecast period (2023-2030). An increase in demand for organic food has led to a substantial increase in the cultivation of organic crops, leading to a ripple effect in the horticulture lighting market. The adoption of sustainable and resource-efficient technologies, such as solid-state lighting (SSL) in horticulture, offers to maximize crop productivity while minimizing energy consumption. There is increasing acceptance of horticulture produce from the country. This has occurred owing to concurrent developments in the areas i.e. state-of-the-art in cold chain infrastructure and quality assurance measures. According to the Agricultural & Processed Food Products Export Development Authority (APEDA), The National Horticulture Database during 2021-22, India produced 107.24 million metric tonnes of fruits and 204.84 million metric tonnes of vegetables.Various Programs developed using academic-based plant research to determine best design an LED horticulture light based on optimal spectral distribution and fixture performance to promote healthy plant growth. For instance, in March 2022, Acuity Brands, Inc. launched Verjure™, a professional-grade horticulture LED lighting solution that offers efficacious and consistent performance for indoor horticulture applications. Developed using academic, plant-based research, the Verjure™ Pro Series LED luminaires are designed to support all stages of plant growth from veg to flower.
Vertical farms can increase density, height and energy efficiency by counteracting the environmental impacts caused by micro-climates and fixture waste heat pervasive in commercial grows featuring passively cooled lights. For instance, in November 2021, Agnetix launched PHENOM liquid cooled multi-sensor and imaging smart horticulture lighting system for vertical farming. PHENOM is designed for crops that require a Daily Light Integral (photosynthetic light measurement) for optimum growth ranging from 15-30 DLI, such as lettuce, cucumbers, tomatoes and strawberries, to much higher DLI crops such as , which requires over 40 DLI.
To provide the red wavelengths needed for biomass growth, and to reduce the reliance on less efficient phosphor-converted white emitters to cover the red part of the spectrum. This enables growers to achieve higher overall efficiency. For instance, in May 2022, ams OSRAM, in optical solutions, launched the OSLON® Optimal family of LEDs, based on the latest ams OSRAM 1mm2 chip for horticulture lighting, that offer an outstanding combination of high efficiency, reliable performance and great value. The new OSLON® Optimal LEDs are available at launch in Hyper Red (660 nm) and Far Red (730 nm) colors.
To Request a Sample of our Report on Horticulture Lighting Market: https://www.omrglobal.com/request-sample/horticulture-lighting-market
Market Coverage
The market number available for - 2023-2030
Base year- 2023
Forecast period- 2024-2030
Segment Covered-
By Lighting Type
By Technology
By Applications
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- includes ACUITY BRANDS, INC., ams-OSRAM AG, General Electric Company, Hubbell Lighting, Signify Holding, and others.
Horticulture Lighting Market Report Segment
By Lighting Type
Top Lighting
Supplemental Lighting
Inter Lighting
Photoperiodic Lighting
Sole-Source Lighting
By Technology
High-Intensity Discharge (HID)
Light Emitting Diode (LED)
Fluorescent
By Applications
Greenhouses
Vertical Farms
Indoor Farms
A full Report of Horticulture Lighting Market is Available @ https://www.omrglobal.com/industry-reports/horticulture-lighting-market
Horticulture Lighting Market Report Segment by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East and Africa
Company Profiles
A Feilo Sylvania Company
ALTO INDIA
Cree LED
EVERLIGHT ELECTRONICS CO., LTD.
Gallina LED Ltd.
Horticulture Lighting Group
Hubbell Lighting
INDO Lighting Ltd.
LEDiL
Lumileds Holding B.V.
Nexsel Tech
Samsung
Signify Holding
SST, Inc.
Stouch Lighting
TCP Lighting
TE Connectivity
Reasons to buy from us -
We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/horticulture-lighting-market
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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