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The horticulture
lighting market has witnessed remarkable growth in recent years, driven by
the increasing adoption of indoor and vertical farming practices, as well as
the growing demand for year-round cultivation of crops. Horticulture lighting,
which encompasses various technologies like LED, high-intensity discharge
(HID), and fluorescent lights, plays a pivotal role in providing the optimal
light spectrum for plant growth and development.
Read More On The Horticulture
Lighting Market ReportHere: https://www.fortunebusinessinsights.com/horticulture-lighting-market-106903
This technology allows cultivators to tailor light
conditions according to specific crop requirements, enhancing yield, quality,
and energy efficiency. As sustainable agricultural practices gain traction,
horticulture lighting solutions offer the potential to address food security
challenges by enabling precise control over environmental factors. With
advancements in smart lighting systems and a focus on maximizing resource
utilization, the horticulture lighting market is poised to continue its
expansion and innovation to meet the evolving needs of modern farming.
The Horticulture Lighting Market size will grow from USD
5.41 billion in 2021 to USD 19.87 billion by 2029 at a compound annual
growth rate (CAGR) of 18.1%.
TOP KEY PLAYERS:
·
Bridgelux Inc. (U.S.)
·
LumiGrow Inc. (U.S.)
·
EYE Hortilux (U.S.)
·
Maxigrow Ltd (U.K.)
·
Signify Holding
(Philips Lighting) (Netherlands)
·
GE Lighting (U.S.)
·
Hortilux Schreder
(Netherlands)
·
Osram Licht AG
(Germany)
·
Gavita International
BV (Netherlands)
·
Lumileds (U.S.)
·
Hubbell Lighting
(U.S.)
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Fortune Business Insights™ offers expert corporate
analysis and accurate data, helping organizations of all sizes make timely
decisions. We tailor innovative solutions for our clients, assisting them to
address challenges distinct to their businesses. Our goal is to empower our
clients with holistic market intelligence, giving a granular overview of the
market they are operating in.
Contact Us:
Fortune Business Insights™ Pvt. Ltd.
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UK : +44 2071 939123
APAC : +91 744 740 1245
Email: sales@fortunebusinessinsights.com
The cultivation
lighting markethas encountered huge
development lately and keeps on flourishing as a significant part of current
farming practices. Cultivation lighting alludes to the utilization of fake
lighting, like LEDs, to make ideal circumstances for plant development and
improvement. This innovation is broadly taken on in nursery development,
vertical cultivating, and indoor planting to enhance normal daylight or even
supplant it completely.
The market is driven by the rising interest for all
year crop creation, the need to amplify yields and work on the nature of
plants, and the developing pattern of metropolitan cultivating. Cultivation
lighting frameworks offer exact command over light range, power, and
photoperiod, permitting ranchers to fit the lighting conditions to explicit
plant prerequisites. With headways in Drove innovation, energy proficiency, and
cost-viability, the cultivation lighting market is ready for additional
development, changing the manner in which we develop plants and guaranteeing a
manageable and solid food supply.
Read More On The Horticulture Lighting Market
Report Here: https://www.fortunebusinessinsights.com/horticulture-lighting-market-106903
The Horticulture Lighting Market size will grow from USD
5.41 billion in 2021 to USD 19.87 billion by 2029 at a compound annual
growth rate (CAGR) of 18.1%.
TOP KEY PLAYERS:
·
Bridgelux Inc. (U.S.)
·
LumiGrow Inc. (U.S.)
·
EYE Hortilux (U.S.)
·
Maxigrow Ltd (U.K.)
·
Signify Holding
(Philips Lighting) (Netherlands)
·
GE Lighting (U.S.)
·
Hortilux Schreder (Netherlands)
·
Osram Licht AG
(Germany)
·
Gavita International
BV (Netherlands)
·
Lumileds (U.S.)
·
Hubbell Lighting
(U.S.)
About Us:
Fortune Business Insights™ offers expert corporate
analysis and accurate data, helping organizations of all sizes make timely decisions.
We tailor innovative solutions for our clients, assisting them to address
challenges distinct to their businesses. Our goal is to empower our clients
with holistic market intelligence, giving a granular overview of the market
they are operating in.
Contact Us:
Fortune Business Insights™ Pvt. Ltd.
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
Email: sales@fortunebusinessinsights.com
The cultivation
lighting market has encountered huge development lately and keeps on
flourishing as a significant part of current farming practices. Cultivation
lighting alludes to the utilization of fake lighting, like LEDs, to make ideal
circumstances for plant development and improvement. This innovation is broadly
taken on in nursery development, vertical cultivating, and indoor planting to
enhance normal daylight or even supplant it completely. The market is driven by
the rising interest for all year crop creation, the need to amplify yields and
work on the nature of plants, and the developing pattern of metropolitan
cultivating. Cultivation lighting frameworks offer exact command over light
range, power, and photoperiod, permitting ranchers to fit the lighting
conditions to explicit plant prerequisites. With headways in Drove innovation,
energy proficiency, and cost-viability, the cultivation lighting market is
ready for additional development, changing the manner in which we develop
plants and guaranteeing a manageable and solid food supply.
Read More On The Horticulture Lighting Market
Report Here: https://www.fortunebusinessinsights.com/horticulture-lighting-market-106903
The Horticulture Lighting Market size will grow from USD
5.41 billion in 2021 to USD 19.87 billion by 2029 at a compound annual
growth rate (CAGR) of 18.1%.
TOP KEY PLAYERS:
·
Bridgelux Inc. (U.S.)
·
LumiGrow Inc. (U.S.)
·
EYE Hortilux (U.S.)
·
Maxigrow Ltd (U.K.)
·
Signify Holding
(Philips Lighting) (Netherlands)
·
GE Lighting (U.S.)
·
Hortilux Schreder
(Netherlands)
·
Osram Licht AG
(Germany)
·
Gavita International
BV (Netherlands)
·
Lumileds (U.S.)
·
Hubbell Lighting
(U.S.)
About Us:
Fortune Business Insights™ offers expert corporate
analysis and accurate data, helping organizations of all sizes make timely
decisions. We tailor innovative solutions for our clients, assisting them to
address challenges distinct to their businesses. Our goal is to empower our
clients with holistic market intelligence, giving a granular overview of the
market they are operating in.
Contact Us:
Fortune Business Insights™ Pvt. Ltd.
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
Email: sales@fortunebusinessinsights.com
The report named, Horticulture Lighting Market Analysis, Size and Forecast 2023-2029" has been added to the archive of market research studies by Fortune Business Insights. The industry experts and researchers have offered reliable and precise analysis of the Market in view of numerous aspects such as growth factors, challenges, limitations, developments, trends, and growth opportunities. This report will surely act as a handy instrument for the market participants to develop effective strategies with an aim to reinforce their market positions. This report offers pin-point analysis of the changing dynamics and emerging trends in the Market.
The Horticulture Lighting Market size will grow from USD 5.41 billion in 2021 to USD 19.87 billion by 2029 at a compound annual growth rate (CAGR) of 18.1%.
Competition is a major subject in any market research analysis. With the help of the competitive analysis provided in the report, players can easily study key strategies adopted by leading players of the Horticulture Lighting Market. They will also be able to plan counterstrategies to gain a competitive advantage in the Market Report. Major as well as emerging players of Market are closely studied taking into consideration their market share, production, revenue, sales growth, gross margin, product portfolio, and other significant factors. This will help players to become familiar with the moves of their toughest competitors in the Market. The report is just the right tool that players need to strengthen their position in the Horticulture Lighting Market. It is also the perfect resource that will help players to sustain their lead or achieve a competitive position in Market.
Get A FREE Sample Research PDF Here: https://www.fortunebusinessinsights.com/enquiry/sample/horticulture-lighting-market-106903
Additionally, it provides a futuristic perspective on various factors that are likely to boost Horticulture Lighting Market growth in the years to come. Besides, authors of the report have shed light on the factors that may hamper the growth of the Market.
The report offers valuable insight into the Market progress and approaches related to the Market with an analysis of each region. The report goes on to talk about the dominant aspects of the market and examine each segment.
TOP KEY PLAYERS:
- Bridgelux Inc. (U.S.)
- LumiGrow Inc. (U.S.)
- EYE Hortilux (U.S.)
- Maxigrow Ltd (U.K.)
- Signify Holding (Philips Lighting) (Netherlands)
- GE Lighting (U.S.)
- Hortilux Schreder (Netherlands)
- Osram Licht AG (Germany)
- Gavita International BV (Netherlands)
- Lumileds (U.S.)
- Hubbell Lighting (U.S.)
The Horticulture Lighting Market segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2023-2029.
Read More On The Horticulture Lighting Market Report Here: https://www.fortunebusinessinsights.com/horticulture-lighting-market-106903
Major Table Of Contents:
1. Introduction
2. Executive Summary
3. Market Dynamics
4. Competition Landscape
5. Horticulture Lighting Market Segmentation
6. Horticulture Lighting Market Regional and Country Analysis
About Us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Contact Us:
Fortune Business Insights™ Pvt. Ltd.
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
The report named, Horticulture Lighting Market Analysis, Size and Forecast 2023-2029" has been added to the archive of market research studies by Fortune Business Insights. The industry experts and researchers have offered reliable and precise analysis of the Market in view of numerous aspects such as growth factors, challenges, limitations, developments, trends, and growth opportunities. This report will surely act as a handy instrument for the market participants to develop effective strategies with an aim to reinforce their market positions. This report offers pin-point analysis of the changing dynamics and emerging trends in the Market.
The Horticulture Lighting Market size will grow from USD 5.41 billion in 2021 to USD 19.87 billion by 2029 at a compound annual growth rate (CAGR) of 18.1%.
Competition is a major subject in any market research analysis. With the help of the competitive analysis provided in the report, players can easily study key strategies adopted by leading players of the Horticulture Lighting Market. They will also be able to plan counterstrategies to gain a competitive advantage in the Market Report. Major as well as emerging players of Market are closely studied taking into consideration their market share, production, revenue, sales growth, gross margin, product portfolio, and other significant factors. This will help players to become familiar with the moves of their toughest competitors in the Market. The report is just the right tool that players need to strengthen their position in the Horticulture Lighting Market. It is also the perfect resource that will help players to sustain their lead or achieve a competitive position in Market.
Get A FREE Sample Research PDF Here: https://www.fortunebusinessinsights.com/enquiry/sample/horticulture-lighting-market-106903
Additionally, it provides a futuristic perspective on various factors that are likely to boost Horticulture Lighting Market growth in the years to come. Besides, authors of the report have shed light on the factors that may hamper the growth of the Market.
The report offers valuable insight into the Market progress and approaches related to the Market with an analysis of each region. The report goes on to talk about the dominant aspects of the market and examine each segment.
TOP KEY PLAYERS:
- Bridgelux Inc. (U.S.)
- LumiGrow Inc. (U.S.)
- EYE Hortilux (U.S.)
- Maxigrow Ltd (U.K.)
- Signify Holding (Philips Lighting) (Netherlands)
- GE Lighting (U.S.)
- Hortilux Schreder (Netherlands)
- Osram Licht AG (Germany)
- Gavita International BV (Netherlands)
- Lumileds (U.S.)
- Hubbell Lighting (U.S.)
The Horticulture Lighting Market segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2023-2029.
Read More On The Horticulture Lighting Market Report Here: https://www.fortunebusinessinsights.com/horticulture-lighting-market-106903
Major Table Of Contents:
1. Introduction
2. Executive Summary
3. Market Dynamics
4. Competition Landscape
5. Horticulture Lighting Market Segmentation
6. Horticulture Lighting Market Regional and Country Analysis
About Us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Contact Us:
Fortune Business Insights™ Pvt. Ltd.
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
The report named,Horticulture
Lighting Market Report, History and
Forecast 2023-2027" has been added to the archive of market research
studies by Fortune Business Insights. The industry experts and researchers have
offered reliable and precise analysis of the Horticulture Lighting Marketin
view of numerous aspects such as growth factors, challenges, limitations,
developments, trends, and growth opportunities. This report will surely act as
a handy instrument for the market participants to develop effective strategies
with an aim to reinforce their market positions. This report offers pin-point
analysis of the changing dynamics and emerging trends in the Recruitment
Software Market.
Additionally, it provides a futuristic perspective on
various factors that are likely to boost Horticulture Lighting Market growth in
the years to come. Besides, authors of the report have shed light on the
factors that may hamper the growth of the Horticulture Lighting Market
Competition is a major subject in
any market research analysis. With the help of the competitive analysis
provided in the report, players can easily study key strategies adopted by
leading players of the Horticulture Lighting Market. They will also be able to
plan counterstrategies to gain a competitive advantage in the Horticulture
Lighting Market. Major as well as emerging players of the Horticulture Lighting
Marketare closely studied taking into consideration their market share,
production, revenue, sales growth, gross margin, product portfolio, and other
significant factors. This will help players to become familiar with the moves
of their toughest competitors in the Horticulture Lighting Market. The report
is just the right tool that players need to strengthen their position in the Recruitment
Software Market. It is also the perfect resource that will help players to
sustain their lead or achieve a competitive position in Horticulture Lighting
Market
The Horticulture Lighting Marketsize will grow fromUSD 5.41 billion in 2021, to USD 19.87 billion by
2029 at a compound annual growth rate (CAGR) of 18.1%.
The report offers valuable insight into the Horticulture
Lighting Marketprogress and approaches related to the Horticulture Lighting
Marketwith an analysis of each region. The report goes on to talk about the
dominant aspects of the market and examine each segment.
TOP KEY PLAYERS:
·
Bridgelux Inc. (U.S.)
·
LumiGrow Inc. (U.S.)
·
EYE Hortilux (U.S.)
·
Maxigrow Ltd (U.K.)
·
Signify Holding
(Philips Lighting) (Netherlands)
·
GE Lighting (U.S.)
·
Hortilux Schreder
(Netherlands)
·
Osram Licht AG
(Germany)
·
Gavita International
BV (Netherlands)
·
Lumileds (U.S.)
Hubbell Lighting (U.S.) Delta Electronics, Inc.
(Taipei, Taiwan) The Horticulture Lighting Marketsegmented by company, region
(country), by Type, and by Application. Players, stakeholders, and other
participants in the global Horticulture Lighting Marketwill be able to gain the
upper hand as they use the report as a powerful resource. The segmental analysis
focuses on revenue and forecast by region (country), by Type, and by
Application for the period 2023-2029.
Major Table Of
Contents:
1. Introduction
2. Executive Summary
3. Market Dynamics
4. Competition Landscape
5. Horticulture Lighting Market Segmentation
6. Horticulture Lighting Market Regional And Country Analysis
About Us:
Fortune Business Insights™ offers expert corporate
analysis and accurate data, helping organizations of all sizes make timely
decisions. We tailor innovative solutions for our clients, assisting them to
address challenges distinct to their businesses. Our goal is to empower our
clients with holistic market intelligence, giving a granular overview of the
market they are operating in.
Contact Us:
Fortune Business Insights™ Pvt. Ltd.
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
Email: sales@fortunebusinessinsights.com
Horticulture
Lighting Market Overview
The global horticulture
lighting market is expected to reach USD 7,878.4 million by 2026
at a CAGR of 16.41% during the forecast period. Market Research Future (MRFR),
in its report envelops segmentation and drivers to provide a better glimpse of
the market in the coming years.
Competitive Analysis
The key players of the global horticulture lighting market are Bridgelux,
Inc. (US), LumiGrow, Inc. (US), EYE Hortilux (US), Maxigrow Ltd (UK), Signify Holding (Philips
Lighting) (The Netherlands), GE Lighting (US), Hortilux Schreder (The
Netherlands), Osram Licht AG (Germany), Gavita International BV (The
Netherlands), Lumileds (US), Hubbell Lighting (US), Agrolux (The Netherlands),
PARsource (US), Illumitex (US), and Heliospectra AB (Sweden) among others.
Get a sample@ https://www.marketresearchfuture.com/sample_request/7840
Segmental Analysis
The global horticulture lighting market has been segmented based on
technology, lighting type, cultivation, application, and region. The market for
horticulture lighting is expected to grow exponentially owing to the rapid
demand for artificial lights in the horticulture industry. Favorable government
regulations are expected to drive the growth of the horticulture lighting
market during the forecast period. Due to various social and economic benefits,
governments are investing significantly in horticulture lighting, thereby
promoting the growth of the market. The market growth is mainly driven by rapid
population growth and availability of limited agricultural land, increased in
year-round high-quality yield, and government investments and initiatives.
Moreover, rapid technology developments have created the opportunity for the
market growth. However, high capital cost associated with LED grow light
technologies may slow the growth of the horticulture lighting market.
By technology, the market has been segmented into high intensity discharge
light, LED light, florescent lighting, and others. The past decade has
witnessed a decrease in land resources for agriculture. This has given rise to
challenges for sustainability and feeding the rapidly growing world population.
Therefore, policy makers are promoting options such as indoor farming,
greenhouse farming, and vertical farming, that involve the use of technology
such as advanced lighting and automation to improve the future food production.
By lighting type, the market has been segmented into top-lighting and
inter-lighting. Horticulture lighting is also called a grow light or plant
light. It is an artificial lighting source that aids plant growth by producing
light in the required range for photosynthesis. This is an electric light which
is used in plant cultivation by emitting light in a spectrum like that of the
sunlight.
By cultivation, the market has been segmented into fruits & vegetables
and floriculture. The art and science of growing plants is evolving with
emerging digital and smart technologies. The lightings used in horticulture
provides light needed by plants for their growth. Cultivation is a process of
farming or growing crops of fruits, vegetables, and flowers on arable land.
Read more@ https://www.marketresearchfuture.com/reports/horticulture-lighting-market-7840
Based on application, the market has been segmented into greenhouse,
vertical farming, indoor farming, and others. Greenhouse horticulture is the
production of crops using greenhouses, glasshouses, shade houses, screen
houses, and crop top structures under modified growing conditions. It also
protects the crop from pests, diseases, and adverse weather conditions. The
amount of sunlight in greenhouses in the winter is insufficient to maintain
growth and production of horticultural crops. Therefore, horticulture lightings
are used to provide artificial lighting, which is necessary to supplement the
amount of light. Horticulture lighting uses high degree of reliability and is
well suited to withstand high temperatures and humidity levels.
The global horticulture lighting market, by region, has been segmented into
North America, Europe, Asia-Pacific, rest of the World. Europe accounted for
the largest market share of 32.09% in 2019, with a market value of USD 939.9
million; it is expected to register a CAGR of 15.98% during the forecast
period. North America was the second-largest market in 2019, valued at USD
779.5 million; it is projected to exhibit a CAGR of 16.62%. However,
Asia-Pacific is expected to register the highest CAGR of 17.94% during the
forecast period.
