Horticulture Lighting Market Size And Share

  • Report Code : TIPRE00005263
  • Category : Electronics and Semiconductor
  • No. of Pages : 150
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Horticulture Lighting Market Size, Top Players, and Forecast by 2031

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Horticulture Lighting Market: Strategic Insights

Horticulture Lighting Market

  • CAGR (2023 - 2031)
    20.7%
  • Market Size 2023
    US$ 5.38 billion
  • Market Size 2031
    US$ 24.14 billion

Market Dynamics

GROWTH DRIVERS
  • Increasing Urbanization, High Food Costs, and Environmental Degradation
FUTURE TRENDS
  • The growing demand for fresh and organic food among consumers worldwide
OPPORTUNITIES
  • Rising Demand for Indoor Farming

Key Players

  • Agrolux
  • Bridgelux Inc
  • General Electric Company
  • Heliospectra AB
  • Hortilux Schrader B V
  • Hubbell Inc
  • Lumileds Holding B V
  • OSRAM Licht AG
  • PARsource
  • Signify N V

Regional Overview

  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Market Segmentation

Technology
  • Fluorescent Lamps
  • High Intensity Discharge Lights
  • LED Lights
Application
  • Greenhouses
  • Vertical Farming
  • Indoor Farming
Cultivation
  • Fruits and Vegetables and Floriculture