Horticulture Lighting Market Analysis by Future Growth, Latest Trends And Key players
The Horticulture Lighting Market report relies on advanced primary and secondary research methodologies to assess information. The data for the study is gathered from reliable and trustworthy sources, ensuring the authenticity and accuracy of the research study. We also employ qualitative and quantitative analysis to deliver a comprehensive and all-encompassing research study on the global Horticulture Lighting market. The report also comprises of SWOT analysis, PESTLE analysis, and Porter’s Five Forces Model analysis, to offer the reader with a complete and all-inclusive study of crucial segments of the global Horticulture Lighting market.
Steady market revenue growth can be attributed to rising demand for environmentally friendly and energy-efficient Light-Emitting Diode (LED) systems in horticulture to maximize crop yield and reduce energy consumption. Development of new and more advanced technologies related with smart agriculture is expected to drive growth of the global horticulture lighting market going ahead. Increasing concerns regarding global food security owing rapidly increasing global population and limited availability of arable land are factors expected to open up more lucrative opportunities for players operating in the greenhouse and indoor farming space, and drive demand for horticulture lighting in greenhouses and indoor farms over the forecast period.
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The report analyzes the leading players of the global Horticulture Lighting market by inspecting their market share, recent developments, new product launches, partnerships, mergers, or acquisitions, and their target markets. This report also includes an exhaustive analysis of their product profiles to explore the products and applications their operations are concentrated on in the global Horticulture Lighting market. Additionally, the report gives two distinct market forecasts, one from the perspective of the producer and another from that of the consumer.
Key Players Profiled in the Horticulture Lighting Market Report are:
Signify, Gavita International B.V., Heliospectra, Osram Licht AG, California Lightworks, Valoya, LumiGrow, Hortilux Schréder, EYE HORTILUX, and ILUMINAR Lighting.
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The comprehensive report addresses the following questions:
Which region is expected to dominate the market over the coming years?
Which application or end-user segment is anticipated to show significant growth over the projected timeline?
What is the impact of the COVID-19 pandemic on the overall market growth?
What are the macro- and micro-economic factors influencing the growth of the market?
What are the recent RD and technological advancements in the Horticulture Lighting market?
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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