Report Highlights
Horticulture Lighting Market Size And Forecast
Horticulture Lighting Market was valued at USD 2.55 Billion in 2018 and is projected to reach USD 10.62 Billion by 2026, growing at a CAGR of 19.40% from 2019 to 2026.
Global Horticulture Lighting Market Overview
The lightings used for horticulture (garden cultivation) are referred to as horticulture lighting. Horticulture lighting induces plants growth by manipulating the light conditions according to the need of plants that helps boost the yields throughout the year. Due to an increase in awareness regarding sustainability, initiatives have been taken by governments, and organizations globally to improve horticulture with effective and efficient lighting. The lightings are used for the cultivation of fruits ; vegetables and floriculture, which is anticipated to fuel the demand and contribute to growth. Furthermore, demand for horticulture lighting systems is growing in vertical farming applications ; top companies are coming up with initiatives that support the farmers financially. These initiatives are expected to bring lucrative growth opportunities during the forecast period.
Global Horticulture Lighting Market: Segmentation Analysis
Global Horticulture Lighting Market is segmented based onLighting Type, Technology, Cultivation, Application, And Geography.
Key Players in Horticulture Lighting Market
The Global Horticulture Lighting Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as
- Signify (Philips Lighting)
- Gavita Holland B.V.
- GE Lighting (GE Lighting + Current)
- OSRAM (Opto Semiconductors)
- Agrolux
- Heliospectra
- Hortilux Schreder B.V.
- Lumileds, PARsource
- Illumitex
- Hubbell
- Maxigrow
- Bridgelux
- Eye Hortilux
- LumiGrow
Verified Market Research has been providing Research Reports, with up to date information, and in-depth analysis, for several years now, to individuals and companies alike that are looking for accurate Research Data. It has large database which includes the latest content from renowned authors and publications worldwide. It also provides customized Data and Reports according to the need of the client.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More