Horticulture Lighting Market to Witness Astonishing Growth by 2028

The Horticulture Lighting Market size is expected to grow at an annual average of 20.3% during 2022-2028. Horticultural lighting is used to promote the growth of grown fruits and vegetables and flowers. With increased awareness of sustainability, governments and organizations in different regions of the world are taking initiatives to improve horticulture with effective and efficient lighting.

Company Profile

• Signify (Philips Lighting)
• Gavita Holland B.V.
• GE Lighting (GE Lighting + Current)
• OSRAM (Opto Semiconductors)
• Agrolux

Market Segmentation

By Offering

• Hardware
• Software and Services
• By Technology
• Fluorescent
• HID
• LED

By Application

• Greenhouses
• Vertical Farms
• Indoor Farms

By Lighting Type

• Top lighting
• Inter lighting

By Cultivation

• Fruits and Vegetables
• Floriculture

Scope of the Report

The research study analyzes the Horticulture Lighting Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Horticulture Lighting Market Report

1. What was the Horticulture Lighting Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Horticulture Lighting Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Horticulture Lighting Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

Key Benefits of Buying the Horticulture Lighting Market Report:

• Comprehensive analysis of the changing competitive landscape.
• Assists in decision making processes for the businesses along with detailed strategic planning methodologies.
• The report offers an 8-year forecast and assessment of the Horticulture Lighting
• Helps in understanding the key product segments and their estimated growth rate.
• In-depth analysis of market drivers, restraints, trends, and opportunities.
• Comprehensive regional analysis of the Horticulture Lighting
• Extensive profiling of the key stakeholders of the business sphere.
• Detailed analysis of the factors influencing the growth of the Horticulture Lighting Market.