Horticulture Lighting Market 2019 – Business Growth, Trends, Outlook, Opportunity, Demand Analysis, Forecast 2027
According to Publisher, the Global Horticulture Lighting Market is accounted for $2.08 billion in 2017 and is expected to reach $9.50 billion by 2026 growing at a CAGR of 18.3% during the forecast period. Increasing awareness about vertical & indoor farming, fast population growth and stable supply of crops despite adverse weather conditions are some factors impacting the market growth. However, factors such as possibility of cultivating limited number of crop species and lack of awareness are hindering the market growth.
Horticulture lighting market is a comparatively new concept. It is used to support, increase and enable the growth of plants by illuminating them with artificial light. LED Light is a very efficient way and upcoming solution for this application. Horticulture lighting, by tuning the light according to the essential need and by utilizing the exclusive properties of LED lighting, assists in boosting yields and maintaining plant health. In addition, it is to supplement natural daylight and raise grow light levels in order to enhance photosynthesis and thereby improve growth and quality of plants in greenhouses.
Get Sample Copy of ” Horticulture Lighting Market ” Report – https://www.premiummarketinsights.com/sample/SMRC00016293
By Technology, light-emitting diode (LED) segment accounted for significant market share due to energy efficiency and added benefits such as compact size, long operational life of 30,000 to 50,000 hours and low heat. Based on geography, North America is expected to dominate the market during the estimated period owing to high awareness and demand for horticulture lighting systems, in the region.
Some of the key players in Horticulture Lighting market include Gavita Holland B.V., GE Lighting, Heliospectra, PARsource, Fluence Bioengineering, Hortilux Schreder B.V, Lumileds, Illumitex, Hubbell, AXP Technology, LumiGrow and OSRAM.
Lighting Types Covered:
– Interlighting
– Toplighting
Offerings Covered:
– Software and Services
– Hardware
Cultivations Covered:
– Floriculture
– Specialty
– Cannabis
– Propagation
– Fruits and Vegetables
– Other Cultivations
Deployments Covered:
– Retrofit Solutions
– Turnkey Solutions
Technologies Covered:
– Light-emitting diode (LED)
– High-Intensity Discharge (Hid)
– Fluorescent
– Other Technologies
Applications Covered:
– Indoor Farming
– Vertical Farming
– Greenhouses
– Other Applications
Place a Direct Purchase of this Report – https://www.premiummarketinsights.com/buy/SMRC00016293
What our report offers:
– Market share assessments for the regional and country level segments
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements
Contact Info:
Name: Sameer Joshi
Email: [email protected]
Organization: Premium Market Insights
Phone: +1-646-491-9876
About Premium Market Insights:
Premium Market Insights is a one-stop shop of market research reports and solutions to various companies across the globe. We help our clients in their decision support system by helping them choose most relevant and cost effective research reports and solutions from various publishers.
