Horticulture lighting market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.

Horticulture lighting market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with the CAGR of 17.80% in the forecast period of 2020 to 2027and expected to reach USD 19,039.46 million by 2027 from USD 5,134.43 million in 2019. Growing demand for organic food across the world is expected to surge the market.

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Market Drivers and Restraints:

On the basis of offering, the market is segmented into hardware, software, and services. Hardware segment is dominating in the horticulture lighting market as hardware is considered to be the primary need for the deployment of horticulture lighting. This factor allows market to grow with the highest CAGR in the forecasted period of 2027.

On the basis of deployment, the market is segmented into turnkey solutions and retrofit solutions. The turnkey has the largest market share in forecast period because this offers enhanced crop yields. Thus, the enhanced crop yield through the deployment of turnkey has increases the inclination of farmers towards turnkey solution.

On the basis of lighting type, the market is segmented into toplighting, interlighting, photoperiodic lighting, supplemental lighting and sole-source lighting. The toplighting segment is accounted with the largest market share as it acts as an important source in the plant growth which helps the plant to prepare their food through artificial method.

The major players covered in the Horticulture lighting Market

The major players covered in the report are Heliospectra AB, excite LED Grow Lights, Greens Hydroponics, UPSHINE Lighting, TESLUX Lighting s.r.o., Hortisystems UK Ltd, ProGrowTech, Ronfell Group, GENERAL ELECTRIC, Agrolux, SAMSUNG, Hortilux Schréder B.V., OSRAM GmbH, Signify Holding, BSSLED Manufacturing Ltd., Forge Europa, Cropmaster LED, TE Connectivity Ltd., Cree, Inc., DiCon Lighting, Valoya, EVERLIGHT, Gavita, among other players domestic and global. Horticulture lighting market share data is available for Global, North America, Europe, Asia-Pacific, Middle East and Africa and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Major TOC Of The Report

Chapter One:  Horticulture lighting Market Overview

Chapter Two: Manufacturers Profiles

Chapter Three:  Global Horticulture lighting Market  Competition, by Players

Chapter Four: Global Horticulture lighting Market Size by Regions

Chapter Five: North America Horticulture lighting Market Revenue by Countries

Chapter Six: Europe Horticulture lighting Market Revenue by Countries

Chapter Seven: Asia-Pacific Horticulture lighting Market Revenue by Countries

Chapter Eight: South America Horticulture lighting Market Revenue by Countries

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Key Report Highlights

Comprehensive pricing analysis based on different product types and regional segments

Market size data in terms of revenue and sales volume

Deep insights about regulatory and investment scenarios of the global Horticulture lighting Market    

Analysis of market effect factors and their impact on the forecast and outlook of the global Horticulture lighting Market    

The detailed assessment of the vendor landscape and leading companies to help understand the level of competition in the global Horticulture lighting Market    

A roadmap of growth opportunities available in the global Horticulture lighting Market    with the identification of key factors

The exhaustive analysis of various trends of the global Horticulture lighting Market    to help identify market developments

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Key Questions Answered in Report:

What is the key to the Horticulture lighting Market?

What will the Horticulture lighting Market Demand and what will be Growth?

What are the latest opportunities for Horticulture lighting Market in the future?

What are the strengths of the key players?

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