Horticulture Lighting Market Trends, Revenue, Key Players, Growth, Share and Forecast Till 2028

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Rising demand for more energy-efficient LEDs in horticulture sector to maximize crop yield and reduce energy consumption are some key factors driving market revenue growth

The Horticulture Lighting research report also provides the financial footing of the vendors, market growth strategies, along with the expansion plans of businesses in the coming years. Industry experts have verified all information encompassed in the global Horticulture Lighting market research report. Analysts employ Porter’s five forces analysis, SWOT analysis, and PESTLE analysis to decipher the course that key vendors will prefer in the coming years. 

Increasing awareness among farmers regarding the benefits of vertical farming is expected to have significantly favorable impact on the market. Vertical farming optimizes resources and indoor space and entails  stacking of farming structures vertically to hold growing plants. Rising need to minimize water and fertilizer usage to reduce environmental degradation and impact are other key factors contributing to increasing deployment of vertical farming.

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Key Companies Profiled in the Report:

Signify, Gavita International B.V., Heliospectra, Osram Licht AG, California Lightworks, Valoya, LumiGrow, Hortilux Schréder, EYE HORTILUX, and ILUMINAR Lighting.

The report provides a detailed analysis of the key factors of the Horticulture Lighting market that are expected to have a positive impact on the growth of the Horticulture Lighting industry. The Global Horticulture Lighting Report is a panoramic study of the overall Horticulture Lighting market published by Emergen Research and covers a wide-ranging analysis of the technological advancements and product developments in the Horticulture Lighting market. 

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Emergen Research has segmented the global horticulture lighting market on the basis of lighting type, lighting technology, application, and region:

Lighting Type Outlook (Revenue, USD Billion; 2018–2028)

  • Interlighting
  • Toplighting

Lighting Technology Outlook (Revenue, USD Billion; 2018–2028)

  • Light-Emitting Diode (LED)
  • High-Intensity Discharge (HID)
  • Others      

Application Outlook (Revenue, USD Billion; 2018–2028)

  • Indoor Farms
  • Vertical Farms
  • Greenhouses
  • Others

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Regional Analysis:

The report further examines the market in the key regions of the world with regard to production and consumption patterns, import/export, supply and demand ratio, revenue generation, market share and size, and presence of prominent players in the regions. The report also covers the expansion plans undertaken by companies in the regions under the regional analysis section.

Key regions in the market include:

  • North America

U.S., Canada

  • Europe

U.K., Italy, Germany, France, Rest of EU

  • Asia Pacific

India, Japan, China, South Korea, Australia. Rest of APAC

  • Latin America

Chile, Brazil, Argentina, Rest of Latin America

  • Middle East Africa

Saudi Arabia, U.A.E., South Africa, Rest of MEA

Key Questions Addressed in the Report:

  • What are the key applications of Horticulture Lighting?
  • Which segment is expected to garner traction during the coming years?
  • What are the key strategies adopted by leading players in the market?
  • Who are the leading players in the Horticulture Lighting industry?
  • Which region is expected to dominate the market in the coming years?

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