Horticulture Lighting Market report provides an in-depth insight of Industry covering all important parameters including development trends, challenges, opportunities, key manufacturers and competitive analysis. The research report focuses on the leading competitors of the Horticulture Lighting Market and provides information such as the company overview, product portfolio, key developments, price, cost, value, volume, revenue, capacity, production, and contact information.
Horticulture lights function as a replacement for sunlight as the catalyst in the plant growth. Horticulture lighting is an artificial source of light that is used for the process of photosynthesis. These lights are useful in areas where there is lack of sunlight, thereby ensure natural growth of plants and flowers even with insufficient sunlight received. Increasing awareness about these lights will encourage the growth of horticulture lighting market.
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- To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Horticulture Lighting Market
- To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa)
Increasing government initiatives and investments to promote horticulture farming, adoption of indoor and vertical farming, and availability of limited agricultural land is anticipated to drive the horticulture lighting market. However, the high cost of energy-efficient light and lack of knowledge about the type of light to be used for certain crops would hinder the growth of horticulture lighting market. The advanced features and advantages associated with the implementation horticulture light will provide opportunities to the players operating in the horticulture lighting market.
Some of the Major Players In Horticulture Lighting Market:
- Bridgelux, Inc.
- Gavita Holland B.V.
- Heliospectra AB
- Hortilux Schreder
- Lumileds Holding B.V.
- OSRAM GmbH
- Signify Holding
This market research report provides a big picture on “Horticulture Lighting Market”, on a Global basis, offering a forecast and statistic in terms of revenue during the forecast period. The report covers a descriptive analysis with detailed segmentation, complete research and development history, latest news and press releases. Furthermore, the study explains the future opportunities and a sketch of key players involved in the “Horticulture Lighting Market hike in terms of revenue.
The horticulture lighting market is segmented on the basis of technology, application, cultivation, and geography. Based on technology, the horticulture lighting market is segmented as fluorescent lamps, high intensity discharge lights, and LED lights. On the basis of application, horticulture lighting market is segmented into greenhouses, vertical farming and indoor farming. On the basis of cultivation, horticulture lighting market is segmented into fruits and vegetables and floriculture.
Horticulture Lighting Market report is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2019 – 2027, considering 2019 as the base year and 2019 – 2027 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 16 countries across the mentioned regions. The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.
The report analyzes factors affecting Horticulture Lighting Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Horticulture Lighting Market in these regions.
Key Elements that the report acknowledges:
- Market size and growth rate during forecast period.
• Key factors driving the Horticulture Lighting Market.
• Key market trends cracking up the growth of the Horticulture Lighting Market.
• Challenges to market growth.
• Key vendors of Horticulture Lighting Market.
• Detailed SWOT analysis.
• Opportunities and threats faces by the existing vendors in Global Horticulture Lighting Market.
• Trending factors influencing the market in the geographical regions.
• Strategic initiatives focusing the leading vendors.
• PEST analysis of the market in the five major regions.
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