Horticulture Lighting Market Research Report Including Restraints, Global Industry Outlook,SWOT Analysis, PESTELE Analysis, Drivers, and Key Players Analysis By 2028

The latest research report by Emergen Research, named ‘Global Horticulture Lighting Market - Forecast to 2028’, entails a comprehensive review of the global Horticulture Lighting market’s present and future trends. The report gathers viable information on the most established industry players, sales and distribution channels, regional spectrum, estimated market share and size, and revenue estimations over the forecast timeframe.

Increasing awareness among farmers regarding the benefits of vertical farming is expected to have significantly favorable impact on the market. Vertical farming optimizes resources and indoor space and entails stacking of farming structures vertically to hold growing plants. Rising need to minimize water and fertilizer usage to reduce environmental degradation and impact are other key factors contributing to increasing deployment of vertical farming.
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The report closely studies the growth trajectory of the global Horticulture Lighting market. It brings to light the global dominance of the leading regional segments, including North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa. The study elaborates on the crucial information pertaining to the regional market share. It simultaneously focuses on the significant details about the growth patterns of each regional market. Moreover, the report encases an exhaustive geographical study of the market, emphasizing the business growth prospects and market barriers for each of the key market regions.
Major players in the market include Signify, Gavita International B.V., Heliospectra, Osram Licht AG, California Lightworks, Valoya, LumiGrow, Hortilux Schréder, EYE HORTILUX, and ILUMINAR Lighting.
Unfolding the prime factors prompting global market growth:
• The study offers an in-depth analysis of the product outlook, which depicts the latest production growth trends and profit valuation. It further fragments the global Horticulture Lighting market into a broad product spectrum.
• The study covers essential data related to these products’ application landscape, the demand for and market share held by each application type, and their growth rate analysis over the estimated period.
• A detailed description of the distribution channels, including distributors, producers, and buyers, is one of the report’s key market highlights.
To learn more details about the Global Horticulture Lighting Market report, visit @ https://www.emergenresearch.com/industry-report/horticulture-lighting-market

Europe accounted for largest revenue share contribution to the global horticulture lighting market in 2020. Increasing initiatives by the European Union to promote adoption of LED grow lights are projected to create more lucrative growth opportunities for manufacturers of LED lamps and modules in countries in the region and drive growth of the horticulture lighting market in Europe over the forecast period.
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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